Trinity Capital (TRIN) to Release Quarterly Earnings on Wednesday

Trinity Capital (NASDAQ:TRIN - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 7th. Analysts expect Trinity Capital to post earnings of $0.53 per share and revenue of $67.67 million for the quarter.

Trinity Capital (NASDAQ:TRIN - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.56 earnings per share for the quarter, beating analysts' consensus estimates of $0.53 by $0.03. Trinity Capital had a net margin of 40.73% and a return on equity of 15.90%. The firm had revenue of $70.83 million for the quarter, compared to analyst estimates of $64.13 million. On average, analysts expect Trinity Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Trinity Capital Stock Up 0.7 %

Shares of TRIN stock traded up $0.10 during trading hours on Friday, hitting $14.33. 503,577 shares of the company were exchanged, compared to its average volume of 521,348. Trinity Capital has a 52 week low of $12.50 and a 52 week high of $16.82. 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 business has a 50 day moving average of $15.16 and a two-hundred day moving average of $14.79. The company has a market capitalization of $900.37 million, a PE ratio of 8.38 and a beta of 0.56.

Trinity Capital Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 14.24%. The ex-dividend date was Monday, March 31st. Trinity Capital's payout ratio is presently 99.03%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. UBS Group cut their price target on Trinity Capital from $18.00 to $16.50 and set a "buy" rating on the stock in a report on Thursday, April 17th. Wells Fargo & Company dropped their target price on Trinity Capital from $14.00 to $13.00 and set an "underweight" rating on the stock in a research report on Monday. Finally, Keefe, Bruyette & Woods upped their price target on Trinity Capital from $15.00 to $16.00 and gave the stock a "market perform" rating in a research report on Thursday, February 27th.

Trinity Capital Company Profile

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.