Trinity Capital (NASDAQ:TRIN – Free Report) had its price objective boosted by Keefe, Bruyette & Woods from $15.00 to $16.00 in a report released on Thursday,Benzinga reports. The firm currently has a market perform rating on the stock.
A number of other equities analysts have also weighed in on TRIN. Clear Str raised shares of Trinity Capital to a “strong-buy” rating in a research note on Wednesday, February 4th. Wells Fargo & Company upped their target price on shares of Trinity Capital from $13.50 to $15.00 and gave the stock an “underweight” rating in a research note on Thursday. Wall Street Zen raised shares of Trinity Capital from a “sell” rating to a “hold” rating in a research note on Sunday, March 29th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Trinity Capital in a research note on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $16.64.
Check Out Our Latest Analysis on TRIN
Trinity Capital Stock Down 1.5%
Trinity Capital (NASDAQ:TRIN – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.01. The business had revenue of $51.37 million during the quarter, compared to analysts’ expectations of $85.87 million. Trinity Capital had a net margin of 43.45% and a return on equity of 15.54%. On average, equities research analysts expect that Trinity Capital will post 2.05 earnings per share for the current fiscal year.
Trinity Capital Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th will be paid a dividend of $0.17 per share. This represents a c) dividend on an annualized basis and a dividend yield of 12.0%. The ex-dividend date is Thursday, June 11th. Trinity Capital’s dividend payout ratio is currently 104.08%.
Insider Transactions at Trinity Capital
In other Trinity Capital news, Chairman Steve Louis Brown acquired 27,109 shares of Trinity Capital stock in a transaction dated Thursday, March 12th. The stock was bought at an average cost of $14.75 per share, for a total transaction of $399,857.75. Following the purchase, the chairman directly owned 940,745 shares in the company, valued at approximately $13,875,988.75. This represents a 2.97% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Kyle Steven Brown acquired 3,532 shares of Trinity Capital stock in a transaction dated Monday, March 16th. The shares were acquired at an average price of $14.16 per share, with a total value of $50,013.12. Following the completion of the purchase, the chief executive officer owned 620,709 shares in the company, valued at approximately $8,789,239.44. The trade was a 0.57% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have bought 37,682 shares of company stock valued at $553,902. Company insiders own 5.31% of the company’s stock.
Hedge Funds Weigh In On Trinity Capital
A number of large investors have recently modified their holdings of the business. Mutual Advisors LLC bought a new stake in shares of Trinity Capital in the 3rd quarter valued at about $1,421,000. AWM Capital LLC raised its holdings in shares of Trinity Capital by 174.2% in the 3rd quarter. AWM Capital LLC now owns 177,090 shares of the company’s stock valued at $2,741,000 after purchasing an additional 112,507 shares during the period. Prevail Innovative Wealth Advisors LLC bought a new stake in shares of Trinity Capital in the 3rd quarter valued at about $1,959,000. Sound Income Strategies LLC raised its holdings in shares of Trinity Capital by 58,959.3% in the 4th quarter. Sound Income Strategies LLC now owns 944,948 shares of the company’s stock valued at $15,318,000 after purchasing an additional 943,348 shares during the period. Finally, Van ECK Associates Corp raised its holdings in shares of Trinity Capital by 14.9% in the 3rd quarter. Van ECK Associates Corp now owns 1,746,217 shares of the company’s stock valued at $27,032,000 after purchasing an additional 225,814 shares during the period. 24.62% of the stock is currently owned by institutional investors and hedge funds.
Key Trinity Capital News
Here are the key news stories impacting Trinity Capital this week:
- Positive Sentiment: SBIC expansion materially enhances funding capacity and was a clear catalyst earlier in the session; the new SBIC license and planned SBIC fund buildout are expected to add substantial SBA?backed leverage and more than $260M of incremental capacity, supporting growth in investment income. Trinity Capital (TRIN) Is Up 6.8% After New SBIC License Expands SBA-Backed Funding Access SBIC fund buildout article
- Positive Sentiment: Q1 results showed record net investment income and an EPS beat (reported $0.53 vs. $0.52 consensus); management highlighted strong year?over?year investment income growth. These operational metrics support dividend coverage and core earnings momentum. PR Newswire Q1 2026 results Zacks coverage
- Neutral Sentiment: Conference call and multiple transcript publications are available for deeper detail on portfolio performance, leverage plans and capital deployment; these provide color but no new headline surprises. InsiderMonkey transcript Seeking Alpha transcript Motley Fool transcript
- Negative Sentiment: Management filed a $300 million at?the?market (ATM) equity program, which provides flexible capital but can be dilutive and pressure the share price if used. That filing is likely a principal reason for today’s weaker trade. ATM $300M program announcement
- Negative Sentiment: Analysts raised price targets but left them below the current share price (Wells Fargo and Keefe Bruyette & Woods), and ratings remain cautious (underweight / market perform), which can cap near?term upside. Benzinga analyst coverage
About Trinity Capital
Trinity Capital Corporation (NASDAQ: TRIN) is a publicly traded business development company that provides flexible financing solutions to venture-backed and growth-stage companies. As a venture lender, Trinity Capital offers customized capital structures, including secured debt and equity co-investment, designed to support companies that have progressed beyond early-stage funding but still require non-dilutive growth capital.
The company focuses its investments on technology-driven sectors such as software, fintech, healthcare, life sciences and cleantech.
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