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NASDAQ:TRIN

Trinity Capital (TRIN) Stock Price, News & Analysis

Trinity Capital logo
$14.38 +0.04 (+0.28%)
(As of 04:07 PM ET)

About Trinity Capital Stock (NASDAQ:TRIN)

Key Stats

Today's Range
$14.38
$14.45
50-Day Range
$13.11
$14.34
52-Week Range
$13.05
$15.44
Volume
37,656 shs
Average Volume
485,676 shs
Market Capitalization
$847.13 million
P/E Ratio
8.41
Dividend Yield
14.19%
Price Target
$15.17
Consensus Rating
Moderate Buy

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.

Trinity Capital Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
53rd Percentile Overall Score

TRIN MarketRank™: 

Trinity Capital scored higher than 53% of companies evaluated by MarketBeat, and ranked 625th out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Read more about Trinity Capital's stock forecast and price target.
  • 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 8.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.22.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Trinity Capital is 8.39, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.03.

  • Price to Book Value per Share Ratio

    Trinity Capital has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Trinity Capital's valuation and earnings.
  • Percentage of Shares Shorted

    2.65% 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 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Trinity Capital has recently decreased by 14.77%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Trinity Capital is a leading dividend payer. It pays a dividend yield of 14.23%, 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.

  • Read more about Trinity Capital's dividend.
  • Percentage of Shares Shorted

    2.65% 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 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Trinity Capital has recently decreased by 14.77%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Trinity Capital has a news sentiment score of 0.23. 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 lower news sentiment than the 0.82 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Trinity Capital this week, compared to 4 articles on an average week.
  • Search Interest

    17 people have searched for TRIN on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.
  • MarketBeat Follows

    10 people have added Trinity Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.
  • 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 $413,666.00 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.

  • Read more about Trinity Capital's insider trading history.
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TRIN Stock News Headlines

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It's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this surge is a massive new blockchain development…
Trinity Capital commits $40M in growth capital to Impress
See More Headlines

TRIN Stock Analysis - Frequently Asked Questions

Trinity Capital's stock was trading at $14.53 at the start of the year. Since then, TRIN shares have decreased by 1.3% and is now trading at $14.34.
View the best growth stocks for 2024 here
.

Trinity Capital Inc. (NASDAQ:TRIN) announced its quarterly earnings results on Wednesday, August, 7th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.53 by $0.02. The firm had revenue of $54.64 million for 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%.

Trinity Capital (TRIN) raised $110 million in an initial public offering (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.

Top institutional shareholders of Trinity Capital include Van ECK Associates Corp (2.63%), Emerald Advisers LLC (1.63%), Rockefeller Capital Management L.P. (1.31%) and Emerald Mutual Fund Advisers Trust (1.36%). 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
.

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.

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
11/24/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/05/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Holding & other investment offices
Sub-Industry
Banking
Current Symbol
NASDAQ:TRIN
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
+5.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$76.89 million
Pretax Margin
40.73%

Debt

Sales & Book Value

Annual Sales
$181.85 million
Cash Flow
$2.17 per share
Book Value
$12.85 per share

Miscellaneous

Free Float
55,148,000
Market Cap
$844.77 million
Optionable
Not Optionable
Beta
0.55
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This page (NASDAQ:TRIN) was last updated on 11/25/2024 by MarketBeat.com Staff
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