TRIN icon

Trinity Capital

16.01 USD
+0.03
0.19%
At close Feb 6, 4:00 PM EST
After hours
16.01
+0.00
0.00%
1 day
0.19%
5 days
6.03%
1 month
9.43%
3 months
17.12%
6 months
13.71%
Year to date
9.58%
1 year
15.51%
5 years
6.73%
10 years
6.73%
 

About: Trinity Capital Inc is a closed-end, non-diversified management investment company. The company is engaged in providing debt, including loans and equipment financings, to growth-stage companies, including venture-backed companies and companies with institutional equity investors. Its equipment financings involve loans for general or specific use, including acquiring equipment, secured by the equipment or other assets of the portfolio company.

Employees: 86

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

613% more call options, than puts

Call options by funds: $3.33M | Put options by funds: $467K

225% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 8

150% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 18

18% more funds holding

Funds holding: 85 [Q2] → 100 (+15) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

0% less capital invested

Capital invested by funds: $169M [Q2] → $168M (-$480K) [Q3]

0.86% less ownership

Funds ownership: 24.09% [Q2] → 23.23% (-0.86%) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$13
19%
downside
Avg. target
$13
19%
downside
High target
$13
19%
downside

1 analyst rating

positive
0%
neutral
0%
negative
100%
Wells Fargo
Finian O'Shea
67% 1-year accuracy
26 / 39 met price target
19%downside
$13
Underweight
Downgraded
2 Dec 2024

Financial journalist opinion

Based on 13 articles about TRIN published over the past 30 days

Neutral
PRNewsWire
2 days ago
Trinity Capital Inc. Announces Preliminary Estimates of Financial Results for Fourth Quarter and Year Ended 2024
PHOENIX , Feb. 4, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity Capital" or the "Company"), a leading alternative asset manager, today announced preliminary estimates of financial results for the fourth quarter and year ended December 31, 2024. Trinity Capital's preliminary estimate of its fourth quarter 2024 net investment income is in the range of $0.58 to $0.60 per share.
Trinity Capital Inc. Announces Preliminary Estimates of Financial Results for Fourth Quarter and Year Ended 2024
Neutral
Business Wire
3 days ago
Barings and Trinity Capital Partner to Commence Phase II Construction at Horizon 16 Industrial Park in Savannah, GA
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world's largest diversified real estate investment managers, and Trinity Capital, a Charlotte-based commercial real estate development firm, announced today that they have commenced construction on Phase II of Horizon 16 Industrial Park, a joint venture logistics park in Savannah, GA. Phase II will focus on six buildings across 1.5 million square feet of Class-A industrial space designed to meet the needs of regional, national, and internati.
Barings and Trinity Capital Partner to Commence Phase II Construction at Horizon 16 Industrial Park in Savannah, GA
Positive
Seeking Alpha
6 days ago
Trinity Capital: Record Quarter Impressive Amidst A Challenging Economic Backdrop
Trinity Capital posted record highs in Q3, with impressive top and bottom line growth, despite a challenging economic backdrop and flat net investment income per share. The BDC's strong portfolio quality, disciplined underwriting, and record $2 billion AUM highlight its solid growth and credit quality, despite a slight increase in leverage. Dividend coverage is solid at 106%, supported by ample spillover income and lower exposure to floating rate debt compared to peers, ensuring near-term safety.
Trinity Capital: Record Quarter Impressive Amidst A Challenging Economic Backdrop
Neutral
PRNewsWire
1 week ago
Trinity Capital Inc. Provides $25 Million in Growth Capital to Wisetack
PHOENIX , Jan. 30, 2025 /PRNewswire/ -- Trinity Capital Inc.  (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $25 million in growth capital to Wisetack , a leading pay-over-time platform for home services. Wisetack provides consumer financing for home services such as HVAC, plumbing, and pest control, allowing customers to quickly and easily set up pay-over-time options.
Trinity Capital Inc. Provides $25 Million in Growth Capital to Wisetack
Neutral
PRNewsWire
1 week ago
Morningstar DBRS Confirms Trinity Capital Inc.'s Investment Grade Rating
PHOENIX , Jan. 29, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading alternative asset manager, today announced that DBRS, Inc. ("Morningstar DBRS") a leading provider of independent investment insights, has confirmed its previously assigned investment grade credit rating of "BBB (low)" with a stable outlook to the Company. Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and structured finance instruments globally.
Morningstar DBRS Confirms Trinity Capital Inc.'s Investment Grade Rating
Positive
Seeking Alpha
1 week ago
Yield Hunting Part 6: Trinity Capital Baby Bonds Still Have Some Alpha Left At 7.8%
Trinity Capital offers stable returns through private credit markets, managing $3.8 billion in assets across five business verticals. TRIN's baby bonds, offering yields around 7.88%, are slightly mispriced, presenting a strong investment opportunity. TRIN's credit score, based on our adjusted Moody's methodology, is Baa1 equivalent, indicating strong financial health and a balanced debt structure.
Yield Hunting Part 6: Trinity Capital Baby Bonds Still Have Some Alpha Left At 7.8%
Neutral
PRNewsWire
1 week ago
Trinity Capital Inc. Provides $30 Million in Growth Capital to Elucent Medical
PHOENIX , Jan. 27, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $30 million in growth capital to Elucent Medical ("Elucent"), a pioneering medical technology company transforming the field of guided surgical technologies. Elucent amplifies the field of surgical guidance, transforming standard instruments into smart tools with In-Body Spatial Intelligence™, giving physicians true 3D surgical awareness for unmatched precision.
Trinity Capital Inc. Provides $30 Million in Growth Capital to Elucent Medical
Neutral
PRNewsWire
2 weeks ago
Trinity Capital Inc. Announces Fourth Quarter 2024 Call Details and 2025 Financial Reporting Dates
PHOENIX , Jan. 22, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading alternative asset manager, today announced that it expects to issue quarterly earnings releases before the market opens and hold conference calls at the time indicated on the following dates: Fourth quarter and full year 2024: Wednesday, February 26, 2025, at 12:00 p.m. ET First quarter 2025: Wednesday, May 7, 2025, at 12:00 p.m.
Trinity Capital Inc. Announces Fourth Quarter 2024 Call Details and 2025 Financial Reporting Dates
Neutral
PRNewsWire
2 weeks ago
Trinity Capital Inc.'s Equipment Finance Vertical Celebrates Milestone: Over $1 Billion in Fundings to High-Growth Companies
PHOENIX , Jan. 22, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital" or the "Company"), a leading alternative asset manager, today announced that its equipment finance vertical has surpassed $1 billion in fundings to high-growth companies since 2018. This milestone underscores the Company's commitment to supporting the growth and innovation of businesses in a variety of industries, including manufacturing & automation, energy, space technology, climate tech, and artificial intelligence.
Trinity Capital Inc.'s Equipment Finance Vertical Celebrates Milestone: Over $1 Billion in Fundings to High-Growth Companies
Neutral
PRNewsWire
2 weeks ago
Trinity Capital Inc. Provides $30 Million in Growth Capital to Silk Technologies Inc.
PHOENIX , Jan. 21, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $30 million in growth capital to Silk Technologies ("Silk"), a leader in software-defined cloud storage. Silk is a software-defined cloud storage provider focused on enhancing the performance and efficiency of cloud applications and databases.
Trinity Capital Inc. Provides $30 Million in Growth Capital to Silk Technologies Inc.
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