Reading the tape
NASDAQ: TRINI
Trinity Capital Inc. 7.875% Notes Due 2029
Financial Services · Asset Management
Market Cap
$1.13B
52w High
$25.74
52w Low
$24.90
P/E
9.55
Volume
10.67K
Outstanding Shares
44.45M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 0.16%Revenue (TTM): 12.51%FCF (TTM): -1,040.5%
What changed
The stock rose 0.16% over the last year. Revenue grew 12.51% over the trailing twelve months. Operating margin moved from 80.92% to 85.66%. Free cash flow declined 1,040.5% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 85.66%. A decisive move in revenue — currently up 12.51% — would be the clearest signal to resolve the ambiguity.
Company profile
Trinity Capital Inc. is a business development company.
CEOKyle Steven Brown
SectorFinancial Services
IndustryAsset Management
Employees58
IPO dateJul 22, 2024
Valuation
Forward P/E—
EV/EBITDA14.08
Enterprise value$3.04B
Price / Book1.03
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.
Revenue growth-32.86%
Gross margin77.58%▲23.75%vs FY2024
Operating margin63.83%▲24.84%vs FY2024
ROE12.4%▼11.75%vs FY2024
Analyst consensus
Rating—
Target price—
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
May 6, 2026
Q2 FY26 · EPS est $0.52 · Revenue est $85.89M
View
Dividends
$1.97/shareQuarterlyAt RiskTRINI pays a dividend with a 7.77% dividend yield.
Dividend Yield
7.77%
Annual Div / Share
$1.97
TTM $2.21
CAGR
—
Payout Ratio
100.56%
At Risk
Dividend Growth Rate
Dividend Safety
1/10At Risk
Dividend History
Annual dividends paid per share
YearAnnual DivYoY
2025$1.97+123.6%
2024$0.88—
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$78/yr
$6/mo
In 5 yrs
$78/yr
$6/mo
In 10 yrs
$78/yr
$6/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$78/yr $6/mo | $78/yr $6/mo | $78/yr $6/mo |
Analysis
Dividend Strengths
No strong strength signal stands out from the latest period pair.
Risks to Watch
High payout ratio
With 100.56% of earnings paid as dividends, there is limited retained earnings for reinvestment — and a dividend cut becomes more likely if earnings decline.