Trinity Capital (NASDAQ:TRIN - Get Free Report) will be releasing its earnings data before the market opens on Wednesday, October 30th. Analysts expect Trinity Capital to post earnings of $0.52 per share for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.
Trinity Capital (NASDAQ:TRIN - Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.51 earnings per share for the quarter, missing analysts' consensus estimates of $0.53 by ($0.02). Trinity Capital had a return on equity of 16.14% and a net margin of 40.06%. The firm had revenue of $54.64 million for the quarter, compared to the consensus estimate of $53.17 million. During the same period in the prior year, the business earned $0.58 earnings per share. On average, analysts expect Trinity Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Trinity Capital Trading Down 0.6 %
Shares of TRIN traded down $0.09 during trading hours on Wednesday, reaching $13.76. The stock had a trading volume of 505,421 shares, compared to its average volume of 486,583. The company has a market cap of $680.83 million, a P/E ratio of 8.55 and a beta of 0.55. Trinity Capital has a 52 week low of $13.27 and a 52 week high of $15.44. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.07. The firm has a 50-day moving average of $13.95 and a 200 day moving average of $14.36.
Trinity Capital Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a $0.51 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $2.04 annualized dividend and a dividend yield of 14.83%. Trinity Capital's dividend payout ratio (DPR) is currently 126.71%.
Insider Transactions at Trinity Capital
In other Trinity Capital news, CEO Kyle Steven Brown acquired 3,500 shares of the firm's stock in a transaction that occurred on Tuesday, August 13th. The stock was acquired at an average cost of $14.15 per share, for a total transaction of $49,525.00. Following the transaction, the chief executive officer now owns 975,298 shares of the company's stock, valued at $13,800,466.70. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have acquired a total of 5,597 shares of company stock valued at $78,913 over the last 90 days. 6.38% of the stock is owned by company insiders.
Trinity Capital Company Profile
(
Get Free Report)
Trinity Capital Inc is a business development company. It is a venture capital firm specializing in 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.
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