Trinity Capital Inc. (TRIN)
| Market Cap | 854.13M |
| Revenue (ttm) | 205.16M |
| Net Income (ttm) | 87.44M |
| Shares Out | 58.91M |
| EPS (ttm) | 1.72 |
| PE Ratio | 8.42 |
| Forward PE | 6.96 |
| Dividend | $2.04 (14.07%) |
| Ex-Dividend Date | Sep 30, 2024 |
| Volume | 830,068 |
| Open | 14.33 |
| Previous Close | 14.36 |
| Day's Range | 14.31 - 14.62 |
| 52-Week Range | 13.05 - 15.42 |
| Beta | 0.63 |
| Analysts | Buy |
| Price Target | 15.17 (+4.62%) |
| Earnings Date | Oct 30, 2024 |
About TRIN
Trinity Capital Inc. is a business development company. It is a venture capital firm specializing in growth capital, innovative medical devices, venture debt to growth stage companies looking for loans and/or equipment financing, generate current income and, to a lesser extent, capital appreciation through investments, including term loans and equity-related investments. Trinity Capital Inc. was founded in 2019 is based in Phoenix, Arizona with additional offices in the United States. [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 4.62% from the latest price.
News
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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Readers Identify 25 Ideal September Dividend Buys Out Of 39 Picks
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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...
2 BDCs That Recently Hiked Dividends But Should Not Do That Again
The short- to medium-term outlook for BDCs is challenging due to low M&A activity, high corporate distress, and yield compression from decreasing interest rates. To avoid income reduction risk, invest...
Trinity Capital Inc. Provides Details for Third Quarter 2024 Financial Results and Conference Call
PHOENIX , Oct. 2, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announce...
Trinity Capital: 15% Yield With Room For Improvement
Trinity Capital offers a 14.7% yield, supported by a diversified portfolio and favorable floating-rate debt profile, making it attractive for income-focused investors. Despite robust portfolio growth ...
Trinity Capital: Weaker Distribution Coverage (Rating Downgrade)
I am downgrading Trinity Capital (TRIN) to a hold due to concerns about dividend sustainability amid anticipated declines in net investment income from interest rate cuts. TRIN's diversified portfolio...
A Hiker's Guide To Investing In Today's Market
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BDC Weekly Review: Incentive Fee Structures Will Start To Matter Again
We take a look at the action in business development companies through the third week of September and highlight some of the key themes we are watching. BDCs were flat this week, with GAIN leading the...