Trinity Capital (NASDAQ:TRIN - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Wednesday, February 26th. Analysts expect Trinity Capital to post earnings of $0.53 per share and revenue of $64.13 million for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.
Trinity Capital Stock Down 1.2 %
Trinity Capital stock traded down $0.19 on Friday, hitting $15.83. 464,075 shares of the stock traded hands, compared to its average volume of 495,424. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.07. The firm has a market cap of $932.55 million, a P/E ratio of 9.26 and a beta of 0.56. The business's fifty day simple moving average is $15.01 and its 200 day simple moving average is $14.38. Trinity Capital has a 1 year low of $13.05 and a 1 year high of $16.26.
Trinity Capital Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 12.89%. The ex-dividend date of this dividend was Tuesday, December 31st. Trinity Capital's dividend payout ratio is currently 119.30%.
Wall Street Analysts Forecast Growth
Separately, Wells Fargo & Company reissued an "underweight" rating and set a $13.00 price objective on shares of Trinity Capital in a research report on Monday, December 2nd.
Check Out Our Latest Report on TRIN
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.
Further Reading
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