Streetbeat News

TRIN

Trinity Capital Inc.

https://www.trincapinvestment.com

Industry

Asset Management

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 Lutherville-Timonium, Maryland, San Diego, California and Austin, Texas.

Open

15.10

Mkt cap

901M

Volume

508K

High

15.37

P/E Ratio

8.84

52-wk high

15.38

Low

15.07

Div yield

0.13

52-wk low

13.04

Trinity Capital Inc. has committed $25 million in growth capital to Wisetack, a pay-over-time platform for home services. This investment supports Wisetack's consumer financing solutions for services like HVAC and plumbing.

Portfolio Pulse from

January 30, 2025 | 12:45 pm

Trinity Capital Inc. has committed $30 million in growth capital to Elucent Medical, a company specializing in advanced surgical guidance technologies.

Portfolio Pulse from

January 27, 2025 | 12:45 pm

Trinity Capital Inc. has announced the schedule for its fourth quarter 2024 and full year 2024 earnings release and conference call, as well as the first quarter 2025 financial reporting dates.

Portfolio Pulse from

January 22, 2025 | 9:15 pm

Trinity Capital Inc. has committed $30 million in growth capital to Silk Technologies, a leader in software-defined cloud storage. This investment aims to enhance Silk's performance and efficiency in cloud applications and databases.

Portfolio Pulse from

January 21, 2025 | 12:45 pm

Trinity Capital Inc. has committed $12.5 million in growth capital to Upward Health, a medical group focused on in-home care for high-risk patients. This investment aims to enhance health outcomes and quality of life.

Portfolio Pulse from

January 16, 2025 | 12:45 pm

Trinity Capital Inc. (Nasdaq: TRIN) announced a record $1.2 billion in investments funded in 2024, with $297 million in the fourth quarter alone. The company also originated $1.6 billion in new commitments for the year.

Portfolio Pulse from

January 13, 2025 | 1:15 pm

Trinity Capital, a BDC specializing in venture debt, reported record net investment and total investment income in Q3 '24, despite lower interest rates. The company has a 12.7% premium to NAV/share and a strong dividend yield of 13.92%, with consistent insider buying.

Portfolio Pulse from

December 28, 2024 | 2:30 pm

Trinity Capital has improved its portfolio quality, leading to a ratings upgrade. The company offers a nearly 14% dividend yield, supported by strong fundamentals and an increase in top-performing investments. The dividend is well-covered by net investment income, and management is optimistic about future growth despite declining interest rates.

Portfolio Pulse from

December 27, 2024 | 9:00 am

Trinity Capital Inc. has committed $50 million in equipment financing to Form Energy, a company focused on developing cost-effective, multi-day energy storage systems.

Portfolio Pulse from

December 16, 2024 | 12:45 pm

Trinity Capital Inc. has declared a cash dividend of $0.51 per share for the fourth quarter of 2024, marking the 20th consecutive quarter of consistent or increased dividends.

Portfolio Pulse from

December 12, 2024 | 9:30 pm

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