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

B. Riley upgraded shares of Trinity Capital (NASDAQ:TRIN) to a strong-buy rating in a research note issued to investors on Monday morning,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 analysts also recently issued reports about the company. Keefe, Bruyette & Woods decreased their target price on Trinity Capital from $16.00 to $15.00 and set a “market perform” rating on the stock in a research report on Thursday, May 8th. Wells Fargo & Company cut their price target on Trinity Capital from $14.00 to $13.00 and set an “underweight” rating for the company in a research note on Monday, April 28th. Finally, UBS Group lowered their price objective on shares of Trinity Capital from $18.00 to $16.50 and set a “buy” rating on the stock in a research note on Thursday, April 17th.

Trinity Capital Stock Performance

Shares of TRIN stock opened at $14.76 on Monday. 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 stock has a 50 day simple moving average of $14.86 and a 200-day simple moving average of $14.82. The company has a market cap of $954.29 million, a price-to-earnings ratio of 8.63 and a beta of 0.57. Trinity Capital has a 12-month low of $12.50 and a 12-month high of $16.82.

Trinity Capital (NASDAQ:TRIN) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 net margin of 40.73% and a return on equity of 15.90%. On average, equities analysts forecast that Trinity Capital will post 2.06 EPS for the current year.

Trinity Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were issued a $0.51 dividend. The ex-dividend date was Monday, March 31st. This represents a $2.04 dividend on an annualized basis and a yield of 13.82%. Trinity Capital’s dividend payout ratio (DPR) is 93.15%.

Insider Activity

In other Trinity Capital news, CEO Kyle Steven Brown acquired 3,513 shares of the stock in a transaction dated Friday, May 9th. The stock was acquired at an average price of $14.22 per share, with a total value of $49,954.86. Following the completion of the transaction, the chief executive officer now directly owns 55,332 shares in the company, valued at approximately $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 available at the SEC website. Company insiders own 5.31% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Commonwealth Equity Services LLC raised its stake in Trinity Capital by 24.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 116,600 shares of the company’s stock worth $1,687,000 after purchasing an additional 22,657 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Trinity Capital in the 4th quarter valued at about $708,000. Y Intercept Hong Kong Ltd raised its holdings in Trinity Capital by 151.9% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 31,717 shares of the company’s stock valued at $459,000 after buying an additional 19,125 shares during the period. Chicago Partners Investment Group LLC increased its position in shares of Trinity Capital by 31.5% in the fourth quarter. Chicago Partners Investment Group LLC now owns 88,311 shares of the company’s stock worth $1,261,000 after acquiring an additional 21,154 shares in the last quarter. Finally, Advisors Asset Management Inc. raised its stake in shares of Trinity Capital by 75.8% in the 4th quarter. Advisors Asset Management Inc. now owns 177,238 shares of the company’s stock valued at $2,565,000 after acquiring an additional 76,401 shares during the period. Institutional investors and hedge funds own 24.62% of the company’s stock.

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.