FY2025 EPS Estimates for Trinity Capital Lifted by B. Riley

Key Points

• B. Riley raised their FY2025 earnings per share estimate for Trinity Capital from $2.07 to $2.08, giving the stock a "Buy" rating with a price target of $17.00.
• Trinity Capital reported Q2 earnings of $0.53 per share, exceeding the consensus estimate and generating $69.48 million in revenue for the quarter.
• The company announced a quarterly dividend of $0.51 per share, resulting in an annualized yield of 13.2% and a dividend payout ratio of 93.15%.

Trinity Capital Inc. (NASDAQ:TRIN - Free Report) - Equities researchers at B. Riley increased their FY2025 EPS estimates for Trinity Capital in a research note issued on Thursday, August 7th. B. Riley analyst S. Adams now anticipates that the company will earn $2.08 per share for the year, up from their previous forecast of $2.07. B. Riley currently has a "Buy" rating and a $17.00 target price on the stock. The consensus estimate for Trinity Capital's current full-year earnings is $2.06 per share. B. Riley also issued estimates for Trinity Capital's Q1 2026 earnings at $0.52 EPS, Q2 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.51 EPS and FY2026 earnings at $2.05 EPS.

Several other brokerages have also recently commented on TRIN. UBS Group boosted their price objective on shares of Trinity Capital from $17.00 to $17.50 and gave the company a "buy" rating in a research note on Wednesday, July 16th. Keefe, Bruyette & Woods reduced their price objective on shares of Trinity Capital from $16.00 to $15.00 and set a "market perform" rating for the company in a research note on Thursday, May 8th. Finally, Wells Fargo & Company reduced their price objective on shares of Trinity Capital from $14.00 to $13.00 and set an "underweight" rating for the company in a research note on Monday, April 28th.

Trinity Capital Price Performance

NASDAQ:TRIN traded up $0.34 on Friday, reaching $15.82. 1,059,576 shares of the company's stock were exchanged, compared to its average volume of 745,839. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of 7.09 and a beta of 0.54. Trinity Capital has a 52 week low of $12.50 and a 52 week high of $16.82. The stock has a fifty day simple moving average of $14.61 and a 200-day simple moving average of $14.95.

Trinity Capital (NASDAQ:TRIN - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.01. Trinity Capital had a net margin of 51.88% and a return on equity of 15.72%. The business had revenue of $69.48 million during the quarter, compared to the consensus estimate of $68.84 million.

Trinity Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 12.9%. The ex-dividend date of this dividend was Monday, June 30th. Trinity Capital's payout ratio is presently 93.15%.

Insider Transactions at Trinity Capital

In other Trinity Capital news, Director Richard P. Hamada sold 3,335 shares of the business's stock in a transaction on Monday, May 19th. The shares were sold at an average price of $14.90, for a total transaction of $49,691.50. Following the transaction, the director directly owned 93,735 shares of the company's stock, valued at approximately $1,396,651.50. The trade was a 3.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders have acquired 2,700 shares of company stock worth $39,050. 5.31% of the stock is currently owned by insiders.

Institutional Trading of Trinity Capital

Hedge funds and other institutional investors have recently modified their holdings of the business. First Horizon Advisors Inc. purchased a new stake in shares of Trinity Capital in the 2nd quarter worth about $32,000. Farther Finance Advisors LLC purchased a new stake in shares of Trinity Capital in the 1st quarter worth about $38,000. PNC Financial Services Group Inc. purchased a new stake in shares of Trinity Capital in the 1st quarter worth about $45,000. Allworth Financial LP purchased a new stake in shares of Trinity Capital in the 2nd quarter worth about $53,000. Finally, Quarry LP grew its position in shares of Trinity Capital by 194.8% in the 1st quarter. Quarry LP now owns 4,442 shares of the company's stock worth $67,000 after buying an additional 2,935 shares during the period. 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.