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Trinity Capital Inc

TRIN

Market cap $1.77B

18.70 USD

+0.09

0.48%

At close Updated Aug 25, 4:00 PM EDT

Pre-market

After hours

18.70

0.00

0%

1 day

0.48%

5 days

2.86%

1 month

7.41%

3 months

10.65%

6 months

21.43%

Year to date

24.25%

1 year

18.43%

5 years

24.42%

10 years

24.67%

About: Trinity Capital Inc is an internally managed, closed-end, non-diversified management investment company. Its investment objective is to generate current income and, to a lesser extent, capital appreciation through investments across five distinct vertical markets. The company is focused on achieving its investment objective by operating as a specialty lending company that provides debt, including loans, equipment financings, and asset-based lending, to growth-oriented companies, including institutional investor-backed companies. Its investment portfolio mainly comprises private companies that have begun to have success selling their products to the market and need additional capital to expand their operations and sales.

Employees: 113

Financials Asset Management

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 57.9%

Neutral 26.3%

Negative 15.8%

Trinity Capital: This May Be The Best Double-Digit Yield In BDC Land

Trinity Capital demonstrates robust growth, disciplined underwriting, and a 12% yield, positioning it as a top BDC for income seekers. TRIN delivered a record $619M in Q2 fundings, 36% AUM growth, and maintained low non-accruals, reflecting strong credit quality and portfolio diversification. Balance sheet flexibility is enhanced by a premium to NAV, conservative leverage, $66M spillover income, and recent capital raises supporting future investments.

Trinity Capital: This May Be The Best Double-Digit Yield In BDC Land

Not All Venture Debt Dividend Yields Are Safe: Trinity Capital Vs. TriplePoint Venture

Investor sentiment in venture debt BDCs continues to be shaped by perceived AI-driven risks to software portfolios. TPVG is down 15% over the last year, with TRIN up 13%. TRIN offers an 11.07% annualized yield with monthly distributions, while TPVG pays 580 basis points over this with its 16.9% yield but with coverage at 91% versus 100% from TRIN. TPVG saw NII fall 26.5% year-over-year versus growth of 32.1% for TRIN, with TPVG trading at a deep 37% discount to NAV per share. TRIN trades at a 35% premium.

Not All Venture Debt Dividend Yields Are Safe: Trinity Capital Vs. TriplePoint Venture

The BDC Asymmetry That Nobody Prices In

Business Development Companies (BDCs) offer high yields but carry significant, often overlooked risks tied to their underlying leveraged loan portfolios. Negative asymmetry in BDCs arises from management fee structures, which erode upside while exposing investors to nearly all downside, justifying persistent NAV discounts. Investors frequently misjudge BDC discounts, expecting P/NAV convergence, but structural risks and poor track records often warrant these discounts.

The BDC Asymmetry That Nobody Prices In

Trinity Capital: An 11% Yielding BDC Worth Buying

Trinity Capital stands out among BDCs for consistent portfolio growth and full dividend coverage, defying sector-wide dividend cuts. TRIN's portfolio value surged 38% year-over-year to $2.73 billion amid strong deal flow, driving net asset value up 1.5% quarter-over-quarter to $13.47 per share. Net investment income of $0.51 per share in the latest quarter fully supported the $0.51 cumulative dividend, maintaining a 100% coverage ratio.

Trinity Capital: An 11% Yielding BDC Worth Buying

Forget Dividend Cuts: These 2 BDCs Are Built To Last

Many BDCs have cut their dividends in the past 12-month period. However, for many (including those who have already cut), some form of damage is still in front of them. In my view, investing in BDCs for truly durable income is almost impossible.

Forget Dividend Cuts: These 2 BDCs Are Built To Last

12%+ Yields At 30%+ Discounts: Top 2 Undervalued BDCs

So far, the Q2 earnings season has been positive for BDCs. Some BDCs have appreciated by double-digit figures. Among these BDCs are my two tactical trade ideas.

12%+ Yields At 30%+ Discounts: Top 2 Undervalued BDCs

Trinity Capital: The Selloff Made This BDC A Better Buy

TRIN delivered a solid quarter, but the market didn't care. After the Q2 release, the share price dropped by 5%, suggesting that there is something that the market really disliked about the recent financials. However, I would argue if we scored (priced) TRIN based on the Q2 fundamental results, we should definitely offer some bonus points.

Trinity Capital: The Selloff Made This BDC A Better Buy

Trinity Capital Inc. (TRIN) Q2 2026 Earnings Call Transcript

Trinity Capital Inc. (TRIN) Q2 2026 Earnings Call Transcript

Trinity Capital Inc. (TRIN) Q2 2026 Earnings Call Transcript

Trinity Capital Q2 Earnings Call Highlights

Trinity Capital NASDAQ: TRIN reported record second-quarter originations and growth in net asset value, while management said its expanding managed-funds platform, recent equipment-finance acquisition and joint ventures are intended to support earnings growth over time.

Trinity Capital Q2 Earnings Call Highlights

Zacks Investment Research

Trinity Capital (TRIN) Lags Q2 Earnings and Revenue Estimates

Trinity Capital (TRIN) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.53 per share a year ago.

Trinity Capital (TRIN) Lags Q2 Earnings and Revenue Estimates

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