Trinity Capital (TRIN) to Release Quarterly Earnings on Wednesday

Trinity Capital (NASDAQ:TRIN) is expected to be releasing its Q1 2025 earnings data before the market opens on Wednesday, May 7th. Analysts expect Trinity Capital to post earnings of $0.53 per share and revenue of $67.67 million for the quarter.

Trinity Capital (NASDAQ:TRIN) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.03. Trinity Capital had a net margin of 40.73% and a return on equity of 15.90%. The business had revenue of $70.83 million for the quarter, compared to analyst estimates of $64.13 million. On average, analysts expect Trinity Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Trinity Capital Price Performance

TRIN opened at $14.70 on Wednesday. The company has a fifty day moving average price of $15.25 and a two-hundred day moving average price of $14.79. The firm has a market capitalization of $923.62 million, a PE ratio of 8.60 and a beta of 0.56. Trinity Capital has a 52 week low of $12.50 and a 52 week high of $16.82. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.05 and a current ratio of 0.05.

Trinity Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 13.88%. The ex-dividend date was Monday, March 31st. Trinity Capital’s dividend payout ratio is currently 99.03%.

Analysts Set New Price Targets

Several research analysts recently commented on TRIN shares. Wells Fargo & Company reduced their target price on shares of Trinity Capital from $14.00 to $13.00 and set an “underweight” rating for the company in a report on Monday. UBS Group decreased their price objective on Trinity Capital from $18.00 to $16.50 and set a “buy” rating for the company in a report on Thursday, April 17th. Finally, Keefe, Bruyette & Woods upped their target price on Trinity Capital from $15.00 to $16.00 and gave the stock a “market perform” rating in a report on Thursday, February 27th.

Trinity Capital Company Profile

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.