Trinity Capital Inc. (TRIN)

NASDAQ: TRIN · IEX Real-Time Price · USD
13.92
+0.08 (0.58%)
At close: Jul 19, 2024, 4:00 PM
13.97
+0.05 (0.36%)
After-hours: Jul 19, 2024, 7:40 PM EDT
0.58%
Market Cap 688.74M
Revenue (ttm) 190.77M
Net Income (ttm) 68.92M
Shares Out 49.48M
EPS (ttm) 1.59
PE Ratio 8.75
Forward PE 6.50
Dividend $2.04 (14.66%)
Ex-Dividend Date Jun 28, 2024
Volume 242,702
Open 13.89
Previous Close 13.84
Day's Range 13.83 - 14.00
52-Week Range 13.21 - 15.44
Beta 0.63
Analysts Strong Buy
Price Target 15.75 (+13.15%)
Earnings Date Aug 7, 2024

About TRIN

Trinity Capital Inc. is a business development company. It is a venture capital firm specializing in innovative medical devices, venture debt to growth stage companies looking for loans and/or equipment financing. Trinity Capital Inc. was founded in 2019 is based in Phoenix, Arizona with additional offices in the United States. [Read more]

Industry Credit Services
Sector Financials
IPO Date Jan 29, 2021
Employees 68
Stock Exchange NASDAQ
Ticker Symbol TRIN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for TRIN stock is "Strong Buy." The 12-month stock price forecast is $15.75, which is an increase of 13.15% from the latest price.

Price Target
$15.75
(13.15% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Trinity Capital Inc. Provides Details for Second Quarter 2024 Financial Results and Conference Call

PHOENIX , July 19, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announc...

8 hours ago - PRNewsWire

Trinity Capital Inc. Funds Record $474 Million in the First Half of 2024

$576 million of commitments through the first half of 2024 PHOENIX , July 18, 2024 /PRNewswire/ -- Trinity Capital Inc.  (Nasdaq: TRIN) ("Trinity Capital" or the "Company"), a leading provider of dive...

1 day ago - PRNewsWire

Trinity Capital Inc. Prices Offering of $100.0 Million of 7.875% Notes due 2029

PHOENIX , July 16, 2024 /PRNewswire/ -- Trinity Capital Inc. ("Trinity") (NASDAQ: TRIN, TRINL, TRINZ), an internally managed business development company, today announced that it has priced an underwr...

3 days ago - PRNewsWire

Trinity Capital Inc. Provides $15 Million in Growth Capital to Velentium

PHOENIX , July 15, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitm...

4 days ago - PRNewsWire

Trinity Capital Inc. Announces Adjustment to Conversion Rate of its 6.00% Convertible Notes due 2025

PHOENIX , June 28, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth stage companies, today announc...

21 days ago - PRNewsWire

Trinity Capital Inc. Provides $40 Million in Growth Capital to Gravie

PHOENIX , June 25, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced a commitmen...

24 days ago - PRNewsWire

Trinity Capital Inc. Declares Cash Dividend of $0.51 per Share for the Second Quarter of 2024

18th Consecutive Quarter of a Consistent or Increased Dividend PHOENIX , June 13, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or the "Company"), a leading provider of d...

5 weeks ago - PRNewsWire

Trinity Capital Inc. Exits Its Equity Position in Core Scientific

Liquidation of shares results in a return of 17.7% on the initial investment PHOENIX , June 5, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider...

6 weeks ago - PRNewsWire

Trinity Capital Inc. Provides $15 Million in Growth Capital to restor3d

PHOENIX , June 5, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitme...

6 weeks ago - PRNewsWire

Denim Secures $63 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital Inc.

Financing provided by SVB's National Fintech Practice and Trinity Capital Inc. (Nasdaq: TRIN) SAN FRANCISCO , May 30, 2024 /PRNewswire/ -- Silicon Valley Bank (SVB) , a division of First Citizens Bank...

Other symbols: FCNCA
7 weeks ago - PRNewsWire

Trinity Capital Inc. Expands Operations into Europe

Appoints Craig Fox to Lead New Venture PHOENIX , May 22, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to...

2 months ago - PRNewsWire

Metabolon Secures $60 Million Credit Facility to Drive Growth and Innovation

MORRISVILLE, N.C. , May 16, 2024 /PRNewswire/ -- Metabolon, Inc., the global leader in providing metabolomics solutions advancing a wide variety of life science research, diagnostic, therapeutic devel...

2 months ago - PRNewsWire

Trinity Capital Inc. Provides $60 Million in Growth Capital to Metabolon

PHOENIX , May 16, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment ...

2 months ago - PRNewsWire

Trinity Capital Inc. Provides $25 Million in Growth Capital to Elevate K-12

PHOENIX , May 15, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment ...

2 months ago - PRNewsWire

Trinity Capital Inc. Launches Sponsor Finance Vertical with New Strategic Hires

New business to provide growth capital for private-equity-backed companies PHOENIX , May 7, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of...

2 months ago - PRNewsWire

Trinity Capital (TRIN) CEO on Earnings & Dividend Increases

Trinity Capital's (TRIN) 1Q adjusted EPS came in at $05.2 versus an estimated $0.54 and revenue came in at $50.45M versus an estimated $49.86M. CEO Kyle Brown joins Nicole Petallides to discuss these ...

2 months ago - Schwab Network

Trinity Capital Inc. Reports First Quarter 2024 Financial Results

Record Net Investment Income of $25.2 Million in Q1 Record Total Investment Income of $50.5 Million Return on Average Equity of 16.1% PHOENIX , May 1, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq...

2 months ago - PRNewsWire

Trinity Capital Inc. Provides Details for First Quarter 2024 Financial Results and Conference Call

PHOENIX , April 10, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announ...

3 months ago - PRNewsWire

Parafin Secures $125 Million Warehouse Facility from Silicon Valley Bank and Trinity Capital Inc.

Financing provided by SVB's National Fintech Practice and Trinity Capital Inc. (Nasdaq: TRIN) SAN FRANCISCO , April 9, 2024 /PRNewswire/ -- Silicon Valley Bank (SVB) , a division of First Citizens Ban...

Other symbols: FCNCA
3 months ago - PRNewsWire

Trinity Capital Inc. Increases Cash Dividend to $0.51 per Share for the First Quarter of 2024

13th Consecutive Quarter of a Dividend Increase PHOENIX , March 14, 2024 /PRNewswire/ -- Trinity Capital Inc.  (Nasdaq: TRIN) ("Trinity Capital" or the "Company"), a leading provider of diversified fi...

4 months ago - PRNewsWire

Trinity Capital Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

Record Quarterly Net Investment Income of $25.1 Million in Q4 Record Annual Net Investment Income of $89.9 Million in 2023 Return on Average Equity Hits 16.9% in Q4 PHOENIX, March 6, 2024 /PRNewswire/...

Other symbols: CORZ
4 months ago - PRNewsWire

Trinity Capital Inc. Provides $50 Million in Equipment Financing to Electric Hydrogen

PHOENIX , March 5, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment...

4 months ago - PRNewsWire

Trinity Capital Inc. Provides $25 Million Growth Capital to Moxe Health

PHOENIX , Feb. 29, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment...

5 months ago - PRNewsWire

Trinity Capital Inc. Provides $120 Million Equipment Financing to Rocket Lab

PHOENIX , Feb. 20, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-stage companies, today announced the commitment...

Other symbols: RKLB
5 months ago - PRNewsWire

cPacket Announces Closing of a $67M Investment from Morgan Stanley Expansion Capital and Trinity Capital Inc.

MILPITAS, Calif.--(BUSINESS WIRE)-- #FundingAnnouncement--cPacket Networks Inc. is thrilled to announce the successful completion of a $67 million transaction, including a primary and secondary equity...

5 months ago - Business Wire