Trinity Capital (TRIN) to Release Earnings on Wednesday

Trinity Capital (NASDAQ:TRIN) is anticipated to post its quarterly earnings results before the market opens on Wednesday, February 26th. Analysts expect Trinity Capital to post earnings of $0.53 per share and revenue of $64.13 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Trinity Capital Trading Down 1.2 %

Shares of Trinity Capital stock opened at $15.83 on Monday. Trinity Capital has a 12-month low of $13.05 and a 12-month high of $16.26. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.07. The company has a market cap of $932.55 million, a price-to-earnings ratio of 9.26 and a beta of 0.56. The company’s 50-day moving average price is $15.01 and its 200-day moving average price is $14.38.

Trinity Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a $0.51 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 12.89%. Trinity Capital’s dividend payout ratio (DPR) is presently 119.30%.

Wall Street Analysts Forecast Growth

Separately, Wells Fargo & Company reiterated an “underweight” rating and set a $13.00 price target on shares of Trinity Capital in a research report on Monday, December 2nd.

About Trinity Capital

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 the United States.