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Financial Services - Asset Management - NASDAQ - US
$ 14.19
0.212 %
$ 836 M
Market Cap
8.4
P/E
1. INTRINSIC VALUE

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 Lutherville-Timonium, Maryland, San Diego, California and Austin, Texas.[ Read More ]

The intrinsic value of one TRIN stock under the base case scenario is HIDDEN Compared to the current market price of 14.2 USD, Trinity Capital Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart TRIN

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FINANCIALS
175 M REVENUE
1761.78%
130 M OPERATING INCOME
19.99%
76.9 M NET INCOME
353.15%
64.6 M OPERATING CASH FLOW
127.39%
-2.74 M INVESTING CASH FLOW
-1314.43%
93.2 M FINANCING CASH FLOW
-53.38%
59.2 M REVENUE
22.92%
44.1 M OPERATING INCOME
-1.27%
-45.3 M NET INCOME
-147.06%
-232 M OPERATING CASH FLOW
-870.99%
92 M INVESTING CASH FLOW
289.15%
195 M FINANCING CASH FLOW
246.53%
Balance Sheet Decomposition Trinity Capital Inc.
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Current Assets 16 M
Cash & Short-Term Investments 4.76 M
Receivables 11.2 M
Other Current Assets 0
Non-Current Assets 1.29 B
Long-Term Investments 1.28 B
PP&E 5.3 M
Other Non-Current Assets 11.3 M
Current Liabilities 47.9 M
Accounts Payable 47.9 M
Short-Term Debt 0
Other Current Liabilities 0
Non-Current Liabilities 658 M
Long-Term Debt 646 M
Other Non-Current Liabilities 12.3 M
EFFICIENCY
Earnings Waterfall Trinity Capital Inc.
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Revenue 175 M
Cost Of Revenue 33.1 M
Gross Profit 142 M
Operating Expenses 12 M
Operating Income 130 M
Other Expenses 52.8 M
Net Income 76.9 M
RATIOS
81.07% GROSS MARGIN
81.07%
74.21% OPERATING MARGIN
74.21%
43.98% NET MARGIN
43.98%
12.58% ROE
12.58%
5.87% ROA
5.87%
10.04% ROIC
10.04%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Trinity Capital Inc.
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Net Income 76.9 M
Depreciation & Amortization -8.55 M
Capital Expenditures -2.74 M
Stock-Based Compensation 0
Change in Working Capital -5.46 M
Others -12.3 M
Free Cash Flow 61.8 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Trinity Capital Inc.
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TRIN has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
3.54% DIVIDEND YIELD
0.51 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Trinity Capital Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
422 K USD 4
0-3 MONTHS
49.5 K USD 1
3-6 MONTHS
50 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 04, 2024
Bought 204 K USD
Brown Steve Louis
Executive Chairman
+ 15600
13.077 USD
1 week ago
Nov 04, 2024
Bought 50 K USD
Brown Steve Louis
Executive Chairman
+ 3750
13.32 USD
1 week ago
Nov 04, 2024
Bought 2.63 K USD
Zacharia Michael
Director
+ 200
13.145 USD
1 week ago
Nov 04, 2024
Bought 7.76 K USD
Zacharia Michael
Director
+ 590
13.146 USD
2 weeks ago
Nov 01, 2024
Bought 1.34 K USD
Brown Kyle Steven
CEO, President and CIO
+ 100
13.385 USD
2 weeks ago
Nov 01, 2024
Bought 1.34 K USD
Brown Kyle Steven
CEO, President and CIO
+ 100
13.375 USD
2 weeks ago
Nov 01, 2024
Bought 2.68 K USD
Brown Kyle Steven
CEO, President and CIO
+ 200
13.389 USD
2 weeks ago
Nov 01, 2024
Bought 16.8 K USD
Brown Kyle Steven
CEO, President and CIO
+ 1255
13.4 USD
2 weeks ago
Nov 01, 2024
Bought 25.6 K USD
Brown Kyle Steven
CEO, President and CIO
+ 1910
13.39 USD
2 weeks ago
Nov 01, 2024
Bought 53.5 K USD
Brown Kyle Steven
CEO, President and CIO
+ 3997
13.38 USD
2 weeks ago
Nov 01, 2024
Bought 6.75 K USD
Estes Ronald E.
Director
+ 500
13.5 USD
2 weeks ago
Nov 01, 2024
Bought 6.82 K USD
Estes Ronald E.
Director
+ 500
13.65 USD
2 weeks ago
Nov 01, 2024
Bought 6.81 K USD
Estes Ronald E.
Director
+ 500
13.62 USD
2 weeks ago
Nov 01, 2024
Bought 6.8 K USD
Estes Ronald E.
Director
+ 500
13.6 USD
2 months ago
Aug 26, 2024
Bought 6.98 K USD
Estes Ronald E.
Director
+ 500
13.95 USD
2 months ago
Aug 26, 2024
Bought 7 K USD
Estes Ronald E.
Director
+ 500
13.992 USD
2 months ago
Aug 26, 2024
Bought 7 K USD
Estes Ronald E.
Director
+ 500
14.01 USD
2 months ago
Aug 22, 2024
Bought 8.42 K USD
Estes Ronald E.
Director
+ 597
14.1 USD
3 months ago
Aug 13, 2024
Bought 49.5 K USD
Brown Kyle Steven
CEO, President and CIO
+ 3500
14.155 USD
8 months ago
Mar 14, 2024
Bought 50 K USD
Brown Kyle Steven
CEO, President and CIO
+ 3354
14.9055 USD
1 year ago
Nov 07, 2023
Bought 40 K USD
Brown Kyle Steven
President and CIO
+ 2786
14.36 USD
1 year ago
Aug 04, 2023
Bought 50 K USD
Brown Kyle Steven
President and CIO
+ 3531
14.16 USD
1 year ago
Jun 14, 2023
Bought 6.62 K USD
Estes Ronald E.
Director
+ 500
13.25 USD
1 year ago
Jun 13, 2023
Bought 4.87 K USD
Estes Ronald E.
Director
+ 365
13.35 USD
1 year ago
May 11, 2023
Bought 42.7 K USD
Brown Steve Louis
Chairman and CEO
+ 3700
11.55 USD
1 year ago
May 11, 2023
Bought 7.75 K USD
Brown Steve Louis
Chairman and CEO
+ 670
11.56 USD
1 year ago
May 11, 2023
Bought 24.9 K USD
Brown Kyle Steven
President and CIO
+ 2148
11.61 USD
1 year ago
Mar 09, 2023
Bought 50 K USD
Brown Kyle Steven
President & CIO
+ 3646
13.71 USD
1 year ago
Mar 09, 2023
Bought 3.55 K USD
Estes Ronald E.
Director
+ 263
13.5 USD
1 year ago
Dec 12, 2022
Bought 3.14 K USD
Kundich Ronald
Chief Credit Officer
+ 300
10.46 USD
1 year ago
Dec 09, 2022
Bought 28.3 K USD
Lund David Michael
CFO, EVP - Finance & Treasurer
+ 2700
10.48 USD
1 year ago
Dec 08, 2022
Bought 239 K USD
Brown Kyle Steven
President & CIO
+ 23000
10.38 USD
1 year ago
Dec 09, 2022
Bought 9.51 K USD
Lund David Michael
CFO, EVP - Finance & Treasurer
+ 900
10.57 USD
1 year ago
Dec 08, 2022
Bought 71.5 K USD
Brown Steve Louis
Chairman and CEO
+ 6800
10.52 USD
1 year ago
Dec 08, 2022
Bought 2.36 K USD
Estes Ronald E.
Director
+ 225
10.5 USD
1 year ago
Dec 08, 2022
Bought 6.51 K USD
Estes Ronald E.
Director
+ 620
10.5 USD
1 year ago
Dec 08, 2022
Bought 105 K USD
Harder Gerald
Chief Operating Officer
+ 10000
10.53 USD
2 years ago
Aug 18, 2022
Bought 49.9 K USD
Brown Kyle Steven
President & CIO
+ 3257
15.33 USD
2 years ago
Aug 08, 2022
Bought 95.5 K USD
Brown Kyle Steven
President & CIO
+ 6060
15.76 USD
2 years ago
Aug 09, 2022
Bought 391 K USD
Brown Steve Louis
Chairman and CEO
+ 24835
15.75 USD
2 years ago
May 25, 2022
Bought 4.65 K USD
Estes Ronald E.
director:
+ 300
15.49 USD
2 years ago
May 24, 2022
Bought 75.9 K USD
HAMADA RICHARD P
director:
+ 5058
15 USD
2 years ago
May 20, 2022
Bought 50 K USD
Brown Kyle Steven
President & CIO
+ 3377
14.8 USD
2 years ago
May 12, 2022
Bought 9.98 K USD
Estes Ronald E.
director:
+ 645
15.48 USD
2 years ago
May 12, 2022
Bought 15.6 K USD
Harder Gerald
Chief Operating Officer
+ 1000
15.57 USD
2 years ago
May 12, 2022
Bought 70 K USD
Brown Kyle Steven
President & CIO
+ 4519
15.49 USD
2 years ago
May 12, 2022
Bought 58.6 K USD
Zacharia Michael
director:
+ 3900
15.02 USD
2 years ago
May 12, 2022
Bought 48.9 K USD
Lund David Michael
CFO, EVP - Finance & Treasurer
+ 3200
15.29 USD
2 years ago
Mar 23, 2022
Bought 6.09 K USD
Estes Ronald E.
director:
+ 325
18.75 USD
2 years ago
Mar 23, 2022
Bought 19 K USD
Zacharia Michael
director:
+ 1000
18.97 USD
2 years ago
Mar 18, 2022
Bought 28.3 K USD
Brown Steve Louis
Chairman and CEO
+ 1550
18.27 USD
2 years ago
Mar 18, 2022
Bought 10.9 K USD
Estes Ronald E.
director:
+ 600
18.1363 USD
2 years ago
Mar 18, 2022
Bought 22 K USD
Zacharia Michael
director:
+ 1200
18.36 USD
3 years ago
Nov 15, 2021
Bought 24.9 K USD
Zacharia Michael
Director
+ 1440
17.32 USD
3 years ago
Nov 12, 2021
Bought 25.9 K USD
Zacharia Michael
Director
+ 1500
17.29 USD
3 years ago
Aug 23, 2021
Bought 52.5 K USD
Lund David Michael
CFO, EVP - Finance & Treasurer
+ 3500
14.99 USD
3 years ago
Aug 11, 2021
Bought 909 USD
Estes Ronald E.
Director
+ 60
15.15 USD
3 years ago
Jun 01, 2021
Bought 5.54 K USD
Brown Steve Louis
Chairman and CEO
+ 382
14.51 USD
3 years ago
Jun 01, 2021
Bought 4.64 K USD
Brown Steve Louis
Chairman and CEO
+ 320
14.49 USD
3 years ago
May 28, 2021
Bought 2.88 K USD
Estes Ronald E.
Director
+ 200
14.4 USD
3 years ago
May 28, 2021
Bought 72.5 K USD
Zito Edmund G.
Director
+ 5000
14.5 USD
3 years ago
Mar 15, 2021
Bought 234 K USD
Zito Edmund G.
Director
+ 16000
14.62 USD
3 years ago
Mar 11, 2021
Bought 30.2 K USD
Zacharia Michael
Director
+ 2000
15.08 USD
3 years ago
Mar 10, 2021
Bought 65.2 K USD
Zacharia Michael
Director
+ 4200
15.52 USD
3 years ago
Mar 10, 2021
Bought 23.2 K USD
Estes Ronald E.
Director
+ 1500
15.5 USD
3 years ago
Jan 29, 2021
Bought 95.2 K USD
Brown Kyle Steven
Director, President & CIO
+ 6800
14 USD
3 years ago
Jan 29, 2021
Bought 98 K USD
Estes Ronald E.
Director
+ 7000
14 USD
3 years ago
Jan 29, 2021
Bought 97.3 K USD
Brown Steve Louis
Chairman and CEO
+ 6950
14 USD
3 years ago
Jan 29, 2021
Bought 315 K USD
Ward Richard R.
Director
+ 22500
14 USD
3 years ago
Jan 29, 2021
Bought 46.2 K USD
Brown Steve Louis
Chairman and CEO
+ 3300
14 USD
3 years ago
Jan 29, 2021
Bought 102 K USD
Zacharia Michael
Director
+ 7300
14 USD
3 years ago
Jan 29, 2021
Bought 102 K USD
Lund David Michael
See Remarks (*)
+ 7250
14 USD
3 years ago
Jan 28, 2021
Bought 5 M USD
Eagle Point Credit Management LLC
10 percent owner
+ 357142
14 USD
7. News
Trinity Capital Inc. Provides $40 Million in Growth Capital to Impress PHOENIX , Nov. 12, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $40 million in growth capital to Impress, a leading orthodontic chain in Europe, specializing in invisible aligners. Headquartered in Barcelona, Spain, Impress' network of clinics spans multiple European countries and serves over 250,000 patients annually. prnewswire.com - 4 days ago
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.com - 1 week ago
Trinity Capital Inc. Announces Stock Repurchase Program PHOENIX , Nov. 7, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced that its board of directors has authorized a program for the purpose of repurchasing up to $30 million worth of the Company's common stock. Under the repurchase program, Trinity may, but is not obligated to, repurchase its outstanding common stock in the open market from time to time, provided that Trinity complies with applicable policies and laws, including certain price, market, volume, and timing constraints specified in Rule 10b-18 of the Securities Exchange Act of 1934, as amended. prnewswire.com - 1 week ago
I Am Loading Up On Preferred Stocks, Yields +7% Fixed Income forms the cornerstone of our rate-agnostic income approach. Preferred securities offer steady dividends, lower volatility, and predictable cash flow, making them ideal for retirees. We discuss two fixed-income picks with yields of up to 7.8% so you don't have to deal with the emotional roller coaster of timing the market in your golden years. seekingalpha.com - 1 week ago
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.com - 2 weeks ago
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.com - 2 weeks ago
Trinity Capital Inc. Reports Third Quarter 2024 Financial Results Return on average equity of 16.2% NII climbs to a record of $29.4 million, or $0.54 per share Total investment income grows 33% year-over-year PHOENIX , Oct. 30, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Record total investment income of $61.8 million, an increase of 33.2% year-over-year Record net investment income ("NII") of $29.4 million, or $0.54 per basic share Net increase in net assets resulting from operations of $24.4 million, or $0.45 per basic share 16.2% Return on Average Equity "ROAE" (NII/Average Equity) 7.1% Return on Average Assets "ROAA" (NII/Average Assets) Net Asset Value of $756.8 million, or $13.13 per share at the end of Q3 Total gross investment commitments of $629.2 million Total gross investments funded of $459.0 million, comprised of $254.5 million in 11 new portfolio companies, $202.3 million across 20 existing portfolio companies and $2.2 million in the multi-sector holdings Total investment exits and repayments of $198.4 million, including $100.4 million from early debt repayments and refinancings, $56.8 million from scheduled/amortizing debt payments and $41.2 million from investments sold primarily to multi-sector holdings Total platform assets under management ("AUM") increased to a total of $2.0 billion, up 54% year-over-year 19th consecutive quarter of a consistent or increased regular dividend, with a third quarter distribution of $0.51 per share "Trinity's record third-quarter performance is a testament to our team's focus on disciplined underwriting and proactive portfolio management," said Kyle Brown, Chief Executive Officer of Trinity. prnewswire.com - 2 weeks ago
Trinity Capital Inc. Closes $142.5 Million Notes Offering PHOENIX , Oct. 30, 2024 /PRNewswire/ -- Trinity Capital Inc. (Nasdaq: TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced it has closed a private notes offering totaling $142.5 million in aggregate principal amount of unsecured Series A Notes (as defined below). "We are pleased by this transaction being oversubscribed from the launch amount of $100 million," said Kyle Brown, Chief Executive Officer of Trinity Capital. prnewswire.com - 2 weeks ago
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.com - 3 weeks ago
5 Stocks I'm Buying As I Reexamined My Sphere Of Competence I emphasize refocusing on my core competency in real estate and diversifying through dividend ETFs, avoiding the overvalued S&P 500. Current S&P 500 valuations are historically high, suggesting poor future returns; insider buying is low, indicating a potential downturn ahead. Market leadership is shifting from growth to dividend stocks, particularly in real estate and utilities, which have outperformed since July. seekingalpha.com - 4 weeks ago
Readers Identify 25 Ideal September Dividend Buys Out Of 39 Picks Since May 2017, any dividend-paying stock mentioned by readers is included in my reader favorite listings, highlighting potential opportunities and risks. My stock lists aim to identify promising dividend stocks, using a contrarian investing strategy, primarily for new buyers seeking high-yield opportunities. Reader feedback is crucial for correcting errors and refining strategies, including suggestions for buy-and-hold stocks and option strategies for monthly dividends. seekingalpha.com - 1 month ago
Trinity Capital Inc. Provides $40 Million in Growth Capital to Beam Benefits PHOENIX , Oct. 10, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of $40 million in growth capital to Beam Benefits ("Beam"), a digitally native employee benefits company. Founded in 2012, Beam began by modernizing dental benefits. prnewswire.com - 1 month ago
8. Profile Summary

Trinity Capital Inc. TRIN

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COUNTRY US
INDUSTRY Asset Management
MARKET CAP $ 836 M
Dividend Yield 3.54%
Description 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 Lutherville-Timonium, Maryland, San Diego, California and Austin, Texas.
Contact 1 N. 1st Street, Phoenix, AZ, 85004-2357 https://www.trincapinvestment.com
IPO Date Jan. 29, 2021
Employees 86
Officers Ms. Rachel Bloomer Director of Human Resources Mr. Richard Nelson Senior Technology Director Mr. Steven Louis Brown Founder & Executive Chairman Mr. Ronald Kundich Chief Credit Officer Mr. Vibhor Garg Managing Director of Marketing Mr. Ben Malcolmson Head of Investor Relations Mr. Ben Sullivan Accounting Manager Mr. Michael Testa Chief Financial Officer & Treasurer Mr. Kyle Steven Brown Chief Executive Officer, President, Chief Investment Officer & Director Mr. Gerald Harder Chief Operating Officer