Trinity CapitalTRIN
TRIN
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: 88
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
81% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 16
59% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 29
20% more capital invested
Capital invested by funds: $169M [Q3] → $203M (+$33.8M) [Q4]
12% more funds holding
Funds holding: 102 [Q3] → 114 (+12) [Q4]
0.44% more ownership
Funds ownership: 23.31% [Q3] → 23.75% (+0.44%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
10% less call options, than puts
Call options by funds: $2.29M | Put options by funds: $2.55M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$13
11%
downside
Avg. target
$15.17
4%
upside
High target
$16.50
14%
upside
3 analyst ratings
1 positive
33%
1 neutral
33%
1 negative
33%
Wells Fargo Finian O'Shea 63% 1-year accuracy 38 / 60 met price target | 11%downside $13 | Underweight Maintained | 28 Apr 2025 |
UBS Doug Harter 100% 1-year accuracy 1 / 1 met price target | 14%upside $16.50 | Buy Maintained | 17 Apr 2025 |
Keefe, Bruyette & Woods Paul Johnson 59% 1-year accuracy 10 / 17 met price target | 10%upside $16 | Market Perform Maintained | 27 Feb 2025 |
Financial journalist opinion
Based on 8 articles about TRIN published over the past 30 days
Positive
Seeking Alpha
4 days ago
Trinity Capital: A 13% Venture-Backed Dividend Yield
Trinity Capital maintains a stable 13.8% dividend yield with a 3-year CAGR of 8.4%, supported by strong NAV growth and earnings spillover. TRIN's NAV per share increased sequentially, driven by net investment income and realized gains. Net investment income provided 114% dividend coverage. Trading at a 10.7% premium to NAV, there is downside risk amid recession fears, but the BDC's portfolio is well-diversified with a focus on secured loans.
Neutral
Seeking Alpha
4 days ago
BDC Weekly Review: Q2 Guidance Starts To Trickle In
We take a look at the action in business development companies through the third week of April and highlight some of the key themes we are watching. BDCs rallied with a 4% gain over a holiday-shortened week, though the sector remains down month-to-date, with GAIN outperforming. Q1 guidance is coming in: MAIN expects a record NAV, while CSWC anticipates a 14% drop in NII but a slight NAV increase.
Positive
Seeking Alpha
6 days ago
2 High Yielding BDCs For An Income Investor's Portfolio
During the latest market volatility, I had been adding to several of my positions. Several of these included adding to my more traditional dividend growth names. However, I also took advantage of the downturn by adding to 2 BDCs, as they saw their yields spike even higher.
Neutral
PRNewsWire
3 weeks ago
Trinity Capital Inc. Funds $220 Million of Investments in the First Quarter of 2025
Company originates $186 million of new commitments in the first quarter of 2025 PHOENIX , April 9, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading alternative asset manager, today announced a portfolio update for the first quarter of 2025. Trinity Capital funded $220 million of total investments and originated $186 million of new commitments in the first quarter of 2025.
Positive
Seeking Alpha
3 weeks ago
Buy Alert: Trinity Capital Now Offers A 14% Covered Yield
Trinity Capital's stock price drop presents a buying opportunity, with a 14% yield supported by strong net investment income and potential for dividend growth in 2025. Key investment pillars include positive interest rate sensitivity, robust dividends, and specialized financing solutions, particularly in the equipment market. Trinity Capital's total investment income surged 48% YoY in 4Q24, with a portfolio value increase of 35%, indicating a strong margin of safety.
Positive
The Motley Fool
3 weeks ago
Trinity Capital's 13% Dividend: Is It Too Good to Be True? CEO Responds
In this episode, I sit down with Kyle Brown, CEO of Trinity Capital, and discuss how this high-yield powerhouse makes money, delivers consistent shareholder value, and keeps that eye-popping 13% dividend flowing.
Neutral
PRNewsWire
3 weeks ago
Trinity Capital Inc. Provides Details for First Quarter 2025 Financial Results and Earnings Call
PHOENIX , April 3, 2025 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) (the "Company"), a leading international alternative asset manager, today announced that it will release its first quarter 2025 financial results at 8:00 a.m. ET on Wednesday, May 7, 2025.
Neutral
PRNewsWire
4 weeks ago
Trinity Capital Inc. Provides $68.75 Million in Growth Capital to CMR Surgical
PHOENIX , April 2, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) (the "Company"), a leading alternative asset manager, today announced the commitment of up to $68.75 million in growth capital to CMR Surgical, a global medical devices company dedicated to transforming surgery with the Versius Surgical Robotic System (Versius), a versatile and adaptable soft-tissue surgical robot. The investment forms part of the company's recently closed financing round of more than $200 million.
Positive
Seeking Alpha
1 month ago
Yield Hunting Part 16: Trinity Capital's Baby Bonds And 7%-Plus Yield To Call
Trinity Capital's baby bonds offer yields over 2% above sector benchmarks, with stable common stock performance and investment-grade equivalent balance sheet. TRIN's bonds, TRINI and TRINZ, show attractive yields to maturity and call, outperforming comparable sector bonds in our low-duration portfolio. TRIN's credit score, based on a modified Moody's methodology, is A2, reflecting strong asset quality, leverage, and debt structure.
Neutral
Seeking Alpha
1 month ago
Risk-Off Mode In The BDC Market: 1 Overrated And 1 Underrated Pick
BDCs are meant to provide high-dividends, while preserving NAV. However, given the signs both in the stock market and in the real economy on the ground, BDC investors have to be extra careful. Currently, BDCs face several headwinds, which increase the risk of dividend cuts and price declines, especially within the more speculative and high-multiple segments.
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