NASDAQ: TRIN
Trinity Capital Inc.
Financial Services · Asset Management
After hours: $17.51(+0.57%) · as of 6:58 PM ET
Market Cap
$1.30B
52w High
$18.12
52w Low
$14.13
P/E
9.45
Volume
682.03K
Outstanding Shares
74.56M
Price vs Fundamentals
Why The Stock Is Moving
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
What changed
The stock rose 17.4% over the last year. Revenue grew 7.11% over the trailing twelve months. Operating margin moved from 50.76% to 70.77%. Free cash flow grew 73.18% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/E range (70th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 70.77% — continued expansion would be needed to justify the premium. Revenue growth of 7.11% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
Trinity Capital Inc. is a business development company specializing in term loans, equipment financing, and private equity-related investments.
Valuation
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
5
Buy
1
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 5, 2026
Q3 FY26 · EPS est $0.52 · Revenue est $91.18M
View
Dividends
$0.68/shareQuarterlyEx-div Aug 14, 2026 · in 18dAt RiskTRIN pays a dividend with a 3.91% declared yield, growing at 49.85% annually, covered -3.9× by free cash flow.
Declared Yield
3.91%
Annual Div / Share
$0.68
TTM $2.04
5yr CAGR
+49.85%
Doubles every ~1.7yr
Payout Ratio
122.52%
At Risk
Dividend Growth Rate
3yr CAGR
-4.33%
5yr CAGR
+49.85%
Dividend History
Annual dividends paid per share
Income Projection
Today
$3/mo
In 5 yrs
$6/mo
In 10 yrs
$10/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$39/yr $3/mo | $69/yr+76% $6/mo | $121/yr+211% $10/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 3.91% → 12.13% over 10yr
Analysis
Dividend Strengths
Strong dividend growth rate
The 5-year CAGR of 49.85% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
High payout ratio
With 122.52% of earnings paid as dividends, there is limited retained earnings for reinvestment — and a dividend cut becomes more likely if earnings decline.
Dividend exceeds free cash flow
Free cash flow covers only -3.93× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.