Trinity Capital (TRIN) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $13.60 to $13.79
• 50-Day Range: $13.11 to $14.15
• 52-Week Range: $13.05 to $15.44
• Volume: 120,016 shs
• Average Volume: 489,855 shs
• Market Capitalization: $811.14 million
• P/E Ratio: 8.05
• Dividend Yield: 14.81%
• Price Target: $15.17
• Consensus Rating: Moderate Buy

Trinity Capital Stock Analysis - MarketRank™

Trinity Capital scored higher than 64% of companies evaluated by MarketBeat, and ranked 484th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Trinity Capital has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Trinity Capital has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 0.96%

Earnings Growth

Earnings for Trinity Capital are expected to grow by 0.96% in the coming year, from $2.09 to $2.11 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Trinity Capital is 8.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.84.

Price to Earnings Ratio vs. Sector

The P/E ratio of Trinity Capital is 8.05, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.27.

Price to Book Value per Share Ratio

Trinity Capital has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.51% of the float of Trinity Capital has been sold short.

Short Interest Ratio / Days to Cover

Trinity Capital has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Trinity Capital has recently increased by 6.67%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Trinity Capital is a leading dividend payer. It pays a dividend yield of 15.28%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Trinity Capital does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Trinity Capital is 119.30%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Trinity Capital will have a dividend payout ratio of 96.68% in the coming year. This indicates that Trinity Capital may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.51% of the float of Trinity Capital has been sold short.

Short Interest Ratio / Days to Cover

Trinity Capital has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Trinity Capital has recently increased by 6.67%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.99

News Sentiment

Trinity Capital has a news sentiment score of 0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 28 news articles for Trinity Capital this week, compared to 5 articles on an average week.

Search Interest

Only 16 people have searched for TRIN on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.

MarketBeat Follows

Only 12 people have added Trinity Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Trinity Capital insiders have bought more of their company's stock than they have sold. Specifically, they have bought $471,608.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 6.38% of the stock of Trinity Capital is held by insiders.

Percentage Held by Institutions

Only 24.62% of the stock of Trinity Capital is held by institutions.

TRIN Stock Analysis - Frequently Asked Questions

How have TRIN shares performed this year?

Trinity Capital's stock was trading at $14.53 at the beginning of 2024. Since then, TRIN stock has decreased by 5.2% and is now trading at $13.77.
View the best growth stocks for 2024 here.

How were Trinity Capital's earnings last quarter?

Trinity Capital Inc. (NASDAQ:TRIN) issued its earnings results on Wednesday, August, 7th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.53 by $0.02. The company earned $54.64 million during the quarter, compared to analysts' expectations of $53.17 million. Trinity Capital had a net margin of 40.73% and a trailing twelve-month return on equity of 15.90%.

When did Trinity Capital IPO?

Trinity Capital (TRIN) raised $110 million in an IPO on Friday, January 29th 2021. The company issued 7,600,000 shares at a price of $13.50-$15.50 per share. Keefe, Bruyette & Woods (Stifel), Wells Fargo Securities and UBS Investment Bank ​ served as the underwriters for the IPO and Janney Montgomery Scott, B. Riley Securities, Ladenburg Thalmann and Compass Point were co-managers.

Who are Trinity Capital's major shareholders?

Trinity Capital's top institutional investors include Van ECK Associates Corp (2.63%), Emerald Advisers LLC (1.63%), Emerald Mutual Fund Advisers Trust (1.36%) and Hennion & Walsh Asset Management Inc. (0.41%). Insiders that own company stock include Kyle Steven Brown, Steve Louis Brown, Ronald Kundich, David Michael Lund, Ronald E Estes, Michael Zacharia and Gerald Harder.
View institutional ownership trends.

How do I buy shares of Trinity Capital?

Shares of TRIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Trinity Capital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Trinity Capital investors own include Medtronic (MDT), AGNC Investment (AGNC), Enterprise Products Partners (EPD), Ares Capital (ARCC), Energy Transfer (ET), Rithm Capital (RITM) and Oxford Lane Capital (OXLC).

Company Calendar

• Last Earnings: 8/07/2024
• Ex-Dividend for 10/15 Dividend: 9/30/2024
• Dividend Payable: 10/15/2024
• Today: 11/07/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/05/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Holding & other investment offices
• Sub-Industry: Banking
• Current Symbol: NASDAQ:TRIN
• CUSIP: N/A
• CIK: 1786108
• Web: www.lanb.com
• Phone: 480-374-5350
• Fax: N/A
• Employees: 40
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $15.17
• High Stock Price Target: $16.50
• Low Stock Price Target: $13.00
• Potential Upside/Downside: +10.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.71
• Trailing P/E Ratio: 7.99
• Forward P/E Ratio: 6.54
• P/E Growth: N/A
• Net Income: $76.89 million
• Net Margins: 40.73%
• Pretax Margin: 40.73%
• Return on Equity: 15.90%
• Return on Assets: 7.14%

Debt

• Debt-to-Equity Ratio: 0.07
• Current Ratio: 0.05
• Quick Ratio: 0.05

Sales & Book Value

• Annual Sales: $142.47 million
• Price / Sales: 5.65
• Cash Flow: $2.25 per share
• Price / Cash Flow: 6.07
• Book Value: $12.85 per share
• Price / Book: 1.06

Miscellaneous

• Outstanding Shares: 58,906,000
• Free Float: 55,148,000
• Market Cap: $805.25 million
• Optionable: Not Optionable
• Beta: 0.55