Trinity Capital (NASDAQ:TRIN) Upgraded by B. Riley to Strong-Buy Rating

B. Riley upgraded shares of Trinity Capital (NASDAQ:TRIN - Free Report) to a strong-buy rating in a research note issued to investors on Monday, May 12th,Zacks.com reports. B. Riley also issued estimates for Trinity Capital's Q2 2025 earnings at $0.52 EPS, Q3 2025 earnings at $0.52 EPS, Q4 2025 earnings at $0.51 EPS, FY2025 earnings at $2.07 EPS, Q1 2026 earnings at $0.51 EPS, Q2 2026 earnings at $0.50 EPS, Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.49 EPS and FY2026 earnings at $2.00 EPS.

Other equities research analysts have also issued reports about the stock. UBS Group reduced their price objective on shares of Trinity Capital from $18.00 to $16.50 and set a "buy" rating on the stock in a report on Thursday, April 17th. Keefe, Bruyette & Woods cut their price target on Trinity Capital from $16.00 to $15.00 and set a "market perform" rating on the stock in a research note on Thursday, May 8th. Finally, Wells Fargo & Company lowered their price objective on Trinity Capital from $14.00 to $13.00 and set an "underweight" rating for the company in a research report on Monday, April 28th.

Trinity Capital Stock Down 0.2%

Shares of Trinity Capital stock traded down $0.04 during trading hours on Monday, reaching $14.95. 188,563 shares of the company were exchanged, compared to its average volume of 530,666. The firm has a market cap of $966.21 million, a PE ratio of 8.74 and a beta of 0.57. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.05 and a current ratio of 0.05. Trinity Capital has a 1 year low of $12.50 and a 1 year high of $16.82. The stock's fifty day moving average is $14.80 and its 200 day moving average is $14.86.

Trinity Capital (NASDAQ:TRIN - Get Free Report) last released its earnings results on Wednesday, May 7th. The company reported $0.52 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.01). The company had revenue of $65.39 million for the quarter, compared to analyst estimates of $67.67 million. Trinity Capital had a return on equity of 15.90% and a net margin of 40.73%. As a group, equities research analysts forecast that Trinity Capital will post 2.06 earnings per share for the current year.

Trinity Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a $0.51 dividend. The ex-dividend date was Monday, March 31st. This represents a $2.04 annualized dividend and a yield of 13.65%. Trinity Capital's dividend payout ratio is presently 93.15%.

Insiders Place Their Bets

In other Trinity Capital news, CEO Kyle Steven Brown purchased 3,513 shares of Trinity Capital stock in a transaction that occurred on Friday, May 9th. The stock was purchased at an average price of $14.22 per share, for a total transaction of $49,954.86. Following the transaction, the chief executive officer now directly owns 55,332 shares in the company, valued at $786,821.04. This trade represents a 6.78% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 5.31% of the company's stock.

Institutional Investors Weigh In On Trinity Capital

A number of institutional investors and hedge funds have recently made changes to their positions in TRIN. Empowered Funds LLC acquired a new stake in shares of Trinity Capital during the first quarter worth $234,000. Goldman Sachs Group Inc. increased its holdings in shares of Trinity Capital by 609.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 136,672 shares of the company's stock valued at $2,072,000 after purchasing an additional 117,420 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Trinity Capital during the 1st quarter worth approximately $320,000. PharVision Advisers LLC purchased a new stake in Trinity Capital during the first quarter worth $212,000. Finally, Advisors Asset Management Inc. raised its stake in shares of Trinity Capital by 8.1% during the 1st quarter. Advisors Asset Management Inc. now owns 191,529 shares of the company's stock worth $2,904,000 after buying an additional 14,291 shares during the last quarter. 24.62% of the stock is owned by hedge funds and other institutional investors.

About Trinity Capital

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.