Trinity Capital (TRIN) Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trinity Capital in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TRIN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TRIN, but not buy additional shares or sell existing shares.
View TRIN analyst ratings or view top-rated stocks.

5 brokerages have issued twelve-month price targets for Trinity Capital's stock. Their TRIN share price forecasts range from $10.00 to $30.00. On average, they predict the company's share price to reach $15.35 in the next twelve months. This suggests a possible upside of 22.9% from the stock's current price.
View analysts price targets for TRIN or view top-rated stocks among Wall Street analysts.

Trinity Capital's stock was trading at $10.93 on January 1st, 2023. Since then, TRIN shares have increased by 14.3% and is now trading at $12.49.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our TRIN earnings forecast.

Trinity Capital Inc. (NASDAQ:TRIN) released its quarterly earnings data on Thursday, May, 4th. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.56 by $0.04. The company had revenue of $41.54 million for the quarter, compared to analyst estimates of $41.17 million. Trinity Capital had a net margin of 0.76% and a trailing twelve-month return on equity of 16.11%.

Trinity Capital announced a quarterly dividend on Wednesday, March 15th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.47 per share on Friday, April 14th. This represents a $1.88 annualized dividend and a yield of 15.05%. The ex-dividend date of this dividend is Thursday, March 30th. This is a positive change from the stock's previous quarterly dividend of $0.46.
Read our dividend analysis for TRIN.

ETFs with the largest weight of Trinity Capital (NASDAQ:TRIN) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD), VanEck BDC Income ETF (BIZD).Putnam BDC Income ETF (PBDC),

Trinity Capital (NASDAQ:TRIN) pays an annual dividend of $1.88 per share and currently has a dividend yield of 15.05%. TRIN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for TRIN.

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

Trinity Capital trades on the NASDAQ under the ticker symbol "TRIN."

Trinity Capital's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Rockefeller Capital Management L.P. (2.14%), Ronald Blue Trust Inc. (1.63%), Van ECK Associates Corp (1.45%), Emerald Advisers LLC (1.39%), Clearbridge Investments LLC (1.28%) and Emerald Mutual Fund Advisers Trust (1.21%). Insiders that own company stock include David Michael Lund, Gerald Harder, Kyle Steven Brown, Michael Zacharia, Ronald E Estes, Ronald Kundich and Steve Louis Brown.
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Shares of TRIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TRIN stock can currently be purchased for approximately $12.49.

Trinity Capital (NASDAQ:TRIN) has a market capitalization of $449.27 million and generates $145.50 million in revenue each year. The company earns $-30,380,000.00 in net income (profit) each year or ($0.06) on an earnings per share basis.

Trinity Capital's mailing address is 3075 WEST RAY ROAD SUITE 525, CHANDLER AZ, 85226. The official website for the company is www.lanb.com. The company can be reached via phone at 480-374-5350 or via email at ir@trincapinvestment.com.