Trinity Capital Inc.

Equities

TRIN

US8964423086

Investment Management & Fund Operators

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
15.18 ^USD	+2.02%		+5.71%	+4.47%

Apr. 16	Trinity Capital Inc. Announces Election to Redeem $30,000,000 in Aggregate Principal Amount of the Notes Outstanding	CI
Mar. 26	Sector Update: Financial Stocks Advance Premarket Tuesday	MT

Trinity Capital Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

March 06, 2024 at 07:05 am EST

Trinity Capital Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 47.83 million compared to USD 41.51 million a year ago. Net income was USD 17.7 million compared to net loss of USD 1.59 million a year ago.

Basic earnings per share from continuing operations was USD 0.4 compared to basic loss per share from continuing operations of USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.39 compared to diluted loss per share from continuing operations of USD 0.05 a year ago.

Latest news about Trinity Capital Inc.

Trinity Capital Inc. Announces Election to Redeem $30,000,000 in Aggregate Principal Amount of the Notes Outstanding	Apr. 16	CI
Sector Update: Financial Stocks Advance Premarket Tuesday	Mar. 26	MT
Trinity Capital Prices $100 Million Notes Offering	Mar. 26	MT
UBS Adjusts Trinity Capital Price Target to $16.50 From $16, Maintains Buy Rating	Mar. 18	MT
Sector Update: Financial Stocks Gain Pre-Bell Friday	Mar. 15	MT
Sector Update: Financial	Mar. 15	MT
Trinity Capital Increases Cash Dividend to $0.51, Payable April 15 to Shareholders of Record on March 28	Mar. 14	MT
B. Riley Securities Adjusts Trinity Capital's Price Target to $16.50 From $16, Maintains Buy Rating	Mar. 07	MT
Transcript : Trinity Capital Inc., Q4 2023 Earnings Call, Mar 06, 2024	Mar. 06
Trinity Capital Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 06	CI
Trinity Capital Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 06	CI
Moxe Health Corporation announced that it has received $25 million in funding from Trinity Capital Inc.	Feb. 28	CI
Trinity Capital Inc. Provides $120 Mln Equipment Financing To Rocket Lab	Feb. 20	RE
TRINITY CAPITAL INC. PROVIDES $120 MLN EQUIPMENT FINANCING TO RO…	Feb. 20	RE
Kafene, Inc. announced that it expects to receive $15 million in funding from Trinity Capital Inc.	Jan. 30	CI
Trinity Capital Inc. Appoints Brendan Carr as Director of Tech Lending	Jan. 23	CI
Trinity Capital Names Accounting Chief as its Next CFO	Jan. 05	MT
Trinity Capital Inc. Announces Chief Financial Officer Changes	Jan. 05	CI
Trinity Capital Inc. Appoints Ryan Kaeding as Managing Director, Life Sciences in San Diego, California	Dec. 18	CI
Neurolens, Inc. announced that it has received $45 million in funding from Trinity Capital Inc.	Dec. 04	CI
Cart.com, Inc. announced that it expects to receive $100 million in funding from Trinity Capital Inc., Silicon Valley BancVentures, Inc.	Nov. 29	CI
U.S. Data Mining Group, Inc. completed the acquisition of Hut 8 Mining Corp. in a reverse merger of equals transaction.	Nov. 29	CI
Trinity Capital Inc.'s Equity Buyback announced on November 14, 2022 has expired.	Nov. 10	CI
Showroom Interiors LLC acquired Feather Home Inc. and Fernished, Inc.	Nov. 08	CI
Transcript : Trinity Capital Inc., Q3 2023 Earnings Call, Nov 01, 2023	Nov. 01

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Company Profile

Trinity Capital Inc. is an internally managed, closed-end, non-diversified management investment company that operates as a business development company. It is a specialty lending company that provides debt, including loans and equipment financings, to growth-stage companies, including venture-backed companies and companies with institutional equity investors. Its investment objective is to generate current income and, to a lesser extent, capital appreciation through its investments. It seeks to achieve its investment objective by making investments consisting primarily of term loans and equipment financings and, to a lesser extent, working capital loans, equity and equity-related investments. Its equipment financings involve loans for general or specific use, including acquiring equipment that is secured by the equipment or other assets of the portfolio company. The Company targets investments in growth-stage companies, which are typically private companies.

Sector

Investment Management & Fund Operators

Calendar

2024-04-30 - Q1 2024 Earnings Release

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Ratings for Trinity Capital Inc.

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

15.18 USD

Average target price

15.69 USD

Spread / Average Target

+3.34%

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