Trinity Capital Inc. logo

Trinity Capital Inc. (TRIN)

Market Closed
24 Jul, 20:00
NASDAQ (NGS) NASDAQ (NGS)
$
15. 02
0
0%
$
971.06M Market Cap
9.13 P/E Ratio
2.04% Div Yield
442,203 Volume
2.25 Eps
$ 15.02
Previous Close
Day Range
15.01 15.13
Year Range
12.5 16.82
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Earnings results expected in 12 days
Trinity Capital: Record Earnings, Big Yield

Trinity Capital: Record Earnings, Big Yield

Trinity Capital is an internally managed BDC specializing in venture debt, with a diversified portfolio and significant floating rate debt investments. Despite lower interest rates, TRIN achieved record net investment income and total investment income in Q3 '24, showcasing resilience and growth. TRIN's valuation shows a 12.7% premium to NAV/share, with a strong dividend yield of 13.92% and consistent insider buying.

Seekingalpha | 6 months ago
Trinity Capital: An Improvement In Portfolio Quality (Ratings Upgrade)

Trinity Capital: An Improvement In Portfolio Quality (Ratings Upgrade)

Trinity Capital offers a nearly 14% dividend yield, supported by solid fundamentals and improving portfolio risk quality, with a recent increase in top-performing investments. The dividend is well-covered by net investment income, with minimal reliance on payment-in-kind income, ensuring strong cash income coverage. Despite declining interest rates, Trinity Capital has seen strong NII growth, with management optimistic about lending pipeline demand offsetting rate declines.

Seekingalpha | 6 months ago
Trinity Capital CEO on Leading Private Credit's High-Yield Growth

Trinity Capital CEO on Leading Private Credit's High-Yield Growth

The appeal of private credit has been growing considerably among investors and institutions who seek alternative income streams. With traditional bank lending remaining subdued and companies increasingly opting to stay private longer, the private credit market offers potentially lucrative opportunities.

Marketbeat | 7 months ago
Trinity Capital: Venture Capital Set For Boom, Why I'm Buying The 14.2% Dividend Yield

Trinity Capital: Venture Capital Set For Boom, Why I'm Buying The 14.2% Dividend Yield

Trinity Capital offers a high, well-covered 14.2% dividend yield, supported by strong net investment income and record loan origination volume. TRIN's dividend safety is bolstered by undistributed taxable income of $1.12 per share. TRIN's credit risk rating slightly increased, but higher loan origination volume and potential IPO boom could offset negative interest rate sensitivity.

Seekingalpha | 8 months ago
Trinity Capital Stock Up 1.8% on Announcement of Share Repurchase Plan

Trinity Capital Stock Up 1.8% on Announcement of Share Repurchase Plan

TRIN intends to reward its shareholders with the announcement of a new share repurchase program. Additionally, dividend payouts will enhance shareholder value.

Zacks | 8 months ago
Trinity Capital Inc. (TRIN) Q3 2024 Earnings Call Transcript

Trinity Capital Inc. (TRIN) Q3 2024 Earnings Call Transcript

Trinity Capital Inc. (NASDAQ:TRIN ) Q3 2024 Earnings Conference Call October 30, 2024 12:00 PM ET Company Participants Ben Malcolmson - Head, Investor Relations Kyle Brown - Chief Executive Officer Michael Testa - Chief Financial Officer Gerry Harder - Chief Operating Officer Ron Kundich - Chief Credit Officer Conference Call Participants Casey Alexander - Compass Point Christopher Nolan - Ladenburg Tallman Bryce Rowe - B. Riley Matthew Hurwit - Jefferies Finian O'Shea - Wells Fargo Securities Paul Johnson - KBW Doug Harter - UBS Operator Good morning, ladies and gentlemen.

Seekingalpha | 8 months ago
Trinity Capital (TRIN) Matches Q3 Earnings Estimates

Trinity Capital (TRIN) Matches Q3 Earnings Estimates

Trinity Capital (TRIN) came out with quarterly earnings of $0.52 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.55 per share a year ago.

Zacks | 8 months ago
Trinity Capital: Is This 15% Yield Safe?

Trinity Capital: Is This 15% Yield Safe?

Trinity Capital offers a high 15% dividend yield, but investors should be cautious due to recent disappointments from other BDCs. The BDC's originations in Q3'24 grew due to high demand for new capital in the technology sector. Despite a current dividend coverage ratio of 1.04X, Trinity Capital's net investment income and coverage ratio have declined over the last four quarters.

Seekingalpha | 9 months ago
Trinity Capital: Continuing To Deliver A High Yield To Investors

Trinity Capital: Continuing To Deliver A High Yield To Investors

Trinity Capital offers a solid double-digit dividend yield, focusing on venture debt and equipment financing. TRIN's valuation looks more attractive than the last time we checked in on this BDC, suggesting a better value for adventurous investors to take a position. Internally managed BDCs like TRIN often trade at higher premiums; comparisons to peers like MAIN and HTGC highlight TRIN's potential for some expansion there.

Seekingalpha | 9 months ago
Trinity Capital: 15% Yield With Room For Improvement

Trinity Capital: 15% Yield With Room For Improvement

Trinity Capital offers a 14.7% yield, supported by a diversified portfolio and favorable floating-rate debt profile, making it attractive for income-focused investors. Despite robust portfolio growth and solid returns on equity and assets, TRIN faces challenges like elevated non-accruals, higher operating expenses, and stagnant NII per share growth. TRIN's valuation at 1.06x Price-to-NAV is lower compared to internally-managed peers, reflecting its risks with potential for improved efficiencies and growth down the line.

Seekingalpha | 9 months ago
Trinity Capital: Weaker Distribution Coverage (Rating Downgrade)

Trinity Capital: Weaker Distribution Coverage (Rating Downgrade)

I am downgrading Trinity Capital (TRIN) to a hold due to concerns about dividend sustainability amid anticipated declines in net investment income from interest rate cuts. TRIN's diversified portfolio and solid credit facility position it well for new investment opportunities. Lower rates can increase the volume of new deals in the market. Despite positive Q2 earnings and strong liquidity, TRIN's modest dividend coverage and lack of NAV growth raise caution about future performance.

Seekingalpha | 9 months ago
Touchstone Exploration concedes Trinity deal will lapse

Touchstone Exploration concedes Trinity deal will lapse

Touchstone Exploration Inc (AIM:TXP, TSX:TXP, OTC:PBEGF) has confirmed that its previously agreed acquisition of Trinidad oil and gas peer Trinity Exploration & Production PLC (AIM:TRIN) will now lapse on 25 September. Having agreed the acquisition and received support of Trinity shareholders, a subsequent alternative proposal to buy Trinity is expected to proceed.

Proactiveinvestors | 10 months ago
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