Trinity Capital (NASDAQ:TRIN) Research Coverage Started at B. Riley

B. Riley initiated coverage on shares of Trinity Capital (NASDAQ:TRIN) in a research note published on Tuesday morning. The firm issued a buy rating and a $16.00 price objective on the stock. 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.

Several other research firms also recently commented on TRIN. Wells Fargo & Company dropped their price objective on shares of Trinity Capital from $14.00 to $13.00 and set an “underweight” rating on the stock in a report on Monday, April 28th. UBS Group lowered their price target 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. Finally, Keefe, Bruyette & Woods reduced their price objective on 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.

Trinity Capital Stock Performance

Shares of TRIN stock opened at $14.73 on Tuesday. The business has a fifty day moving average of $14.83 and a 200 day moving average of $14.83. Trinity Capital has a 1 year low of $12.50 and a 1 year high of $16.82. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.05 and a quick ratio of 0.05. The firm has a market capitalization of $952.35 million, a price-to-earnings ratio of 8.61 and a beta of 0.57.

Trinity Capital (NASDAQ:TRIN) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.01). The firm had revenue of $65.39 million during the quarter, compared to analysts’ expectations of $67.67 million. Trinity Capital had a return on equity of 15.90% and a net margin of 40.73%. As a group, research analysts expect that Trinity Capital will post 2.06 earnings per share for the current year.

Trinity Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a dividend of $0.51 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 13.85%. Trinity Capital’s payout ratio is 93.15%.

Insider Activity

In other Trinity Capital news, CEO Kyle Steven Brown purchased 3,513 shares of the business’s 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 purchase, 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 acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 5.31% of the company’s stock.

Hedge Funds Weigh In On Trinity Capital

A number of hedge funds have recently bought and sold shares of TRIN. Farther Finance Advisors LLC purchased a new stake in shares of Trinity Capital in the first quarter valued at approximately $38,000. PNC Financial Services Group Inc. purchased a new stake in Trinity Capital in the 1st quarter worth $45,000. Quarry LP increased its holdings in 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 acquiring an additional 2,935 shares in the last quarter. Trust Co. of Vermont acquired a new position in Trinity Capital during the fourth quarter worth $101,000. Finally, Aquatic Capital Management LLC purchased a new position in Trinity Capital during the fourth quarter valued at $124,000. Hedge funds and other institutional investors own 24.62% of the company’s stock.

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.