Trinity Capital (NASDAQ:TRIN - Get Free Report) issued an update on its fourth quarter 2024 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.580-0.600 for the period, compared to the consensus EPS estimate of 0.530. The company issued revenue guidance of -.
Trinity Capital Trading Down 0.4 %
Shares of TRIN stock traded down $0.07 during mid-day trading on Friday, reaching $15.94. The company's stock had a trading volume of 318,253 shares, compared to its average volume of 533,940. The company's 50 day simple moving average is $14.71 and its 200-day simple moving average is $14.27. Trinity Capital has a 12-month low of $13.05 and a 12-month high of $16.12. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $939.03 million, a PE ratio of 9.32 and a beta of 0.56.
Trinity Capital Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 12.80%. The ex-dividend date of this dividend was Tuesday, December 31st. Trinity Capital's dividend payout ratio (DPR) is 119.30%.
Wall Street Analysts Forecast Growth
Separately, Wells Fargo & Company reaffirmed an "underweight" rating and set a $13.00 price target on shares of Trinity Capital in a research note on Monday, December 2nd.
View Our Latest Research Report on Trinity Capital
Trinity Capital Company Profile
(
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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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