Trinity Capital Inc. (TRIN)
| Market Cap | 860.61M |
| Revenue (ttm) | 205.16M |
| Net Income (ttm) | 87.44M |
| Shares Out | 58.91M |
| EPS (ttm) | 1.72 |
| PE Ratio | 8.49 |
| Forward PE | 7.01 |
| Dividend | $2.04 (13.96%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 478,020 |
| Open | 14.70 |
| Previous Close | 14.70 |
| Day's Range | 14.58 - 14.73 |
| 52-Week Range | 13.05 - 15.26 |
| Beta | 0.63 |
| Analysts | Buy |
| Price Target | 15.17 (+3.83%) |
| Earnings Date | Mar 5, 2025 |
About TRIN
Trinity Capital Inc. is a business development company specializing in term loans, equipment financing, and private equity-related investments. The firm provides tech lending, equipment financing, life sciences, warehouse lending, and sponsor finance sources. They provide investors with stable and consistent returns through access to the private credit market. Trinity Capital Inc. was founded in 2019 and is based in Phoenix, Arizona, with additional offices in San Diego, California. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for TRIN stock is "Buy." The 12-month stock price forecast is $15.17, which is an increase of 3.83% from the latest price.
News
Trinity Capital Inc. Provides $12.5 Million in Growth Capital to Upward Health
PHOENIX , Jan. 16, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading alternative asset manager, today announced the commitment of $12.5 million in growth capital to Upwar...
Trinity Capital Inc. Funds a Record $1.2 Billion of Investments in 2024
Company originates $1.6 billion of new commitments in 2024 PHOENIX , Jan. 13, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading alternative asset manag...
Trinity Capital: My Favorite BDC Right Now
Trinity Capital offers a diversified asset mix and floating-rate exposure, making it a compelling passive income vehicle in a higher-for-longer rate environment. Consistent dividend coverage and a 14%...
Trinity Capital: Record Earnings, Big Yield
Trinity Capital is an internally managed BDC specializing in venture debt, with a diversified portfolio and significant floating rate debt investments. Despite lower interest rates, TRIN achieved reco...
8 Stocks I'm Buying As I Hone My Buying Strategy For 2025
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Trinity Capital: An Improvement In Portfolio Quality (Ratings Upgrade)
Trinity Capital offers a nearly 14% dividend yield, supported by solid fundamentals and improving portfolio risk quality, with a recent increase in top-performing investments. The dividend is well-cov...
Trinity Capital Inc. Provides $50 Million in Equipment Financing to Form Energy
PHOENIX , Dec. 16, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitm...
Trinity Capital Inc. Declares Cash Dividend of $0.51 per Share for the Fourth Quarter of 2024
20th Consecutive Quarter of a Consistent or Increased Dividend PHOENIX , Dec. 12, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversi...
Trinity Capital Inc. Increases its Credit Facility to $600 Million
PHOENIX , Dec. 10, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today anno...
Trinity Capital Inc. Provides $20 Million in Growth Capital to Steno
PHOENIX , Dec. 5, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitme...
Trinity Capital: An Asset Manager In BDC Clothing
Trinity Capital CEO Kyle Brown explains how they're an asset manager in BDC clothing. Why dividend stability and growth, NAV stability and growth, EPS, and ROE are the metrics most focused on.
Trinity Capital: Venture Capital Set For Boom, Why I'm Buying The 14.2% Dividend Yield
Trinity Capital offers a high, well-covered 14.2% dividend yield, supported by strong net investment income and record loan origination volume. TRIN's dividend safety is bolstered by undistributed tax...
Trinity Capital Inc. Provides $40 Million in Growth Capital to Impress
PHOENIX , Nov. 12, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitm...
Trinity Capital Inc. Announces Stock Repurchase Program
PHOENIX , Nov. 7, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today annou...
I Am Loading Up On Preferred Stocks, Yields +7%
Fixed Income forms the cornerstone of our rate-agnostic income approach. Preferred securities offer steady dividends, lower volatility, and predictable cash flow, making them ideal for retirees. We di...
Trinity Capital Inc. (TRIN) Q3 2024 Earnings Call Transcript
Trinity Capital Inc. (NASDAQ:TRIN) Q3 2024 Earnings Conference Call October 30, 2024 12:00 PM ET Company Participants Ben Malcolmson - Head, Investor Relations Kyle Brown - Chief Executive Officer Mi...
Trinity Capital Inc. Reports Third Quarter 2024 Financial Results
Return on average equity of 16.2% NII climbs to a record of $29.4 million, or $0.54 per share Total investment income grows 33% year-over-year PHOENIX , Oct. 30, 2024 /PRNewswire/ -- Trinity Capital I...
Trinity Capital Inc. Closes $142.5 Million Notes Offering
PHOENIX , Oct. 30, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today anno...
Trinity Capital: Is This 15% Yield Safe?
Trinity Capital offers a high 15% dividend yield, but investors should be cautious due to recent disappointments from other BDCs. The BDC's originations in Q3'24 grew due to high demand for new capita...
5 Stocks I'm Buying As I Reexamined My Sphere Of Competence
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Trinity Capital Inc. Provides $40 Million in Growth Capital to Beam Benefits
PHOENIX , Oct. 10, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitm...
Trinity Capital: Continuing To Deliver A High Yield To Investors
Trinity Capital offers a solid double-digit dividend yield, focusing on venture debt and equipment financing. TRIN's valuation looks more attractive than the last time we checked in on this BDC, sugge...
Trinity Capital Inc. Originates a Record $635 Million in the Third Quarter of 2024
Record $459 million of fundings in the third quarter of 2024 PHOENIX , Oct. 8, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified...
Trinity Capital Inc. Announces Time Change for its Third Quarter 2024 Conference Call
PHOENIX , Oct. 7, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announce...