In the past week, TRIN stock has gone up by 2.78%, with a monthly gain of 11.36% and a quarterly surge of 16.83%. The volatility ratio for the week is 1.72%, and the volatility levels for the last 30 days are 1.50% for Trinity Capital Inc The simple moving average for the past 20 days is 5.64% for TRIN’s stock, with a 15.28% simple moving average for the past 200 days.
Is It Worth Investing in Trinity Capital Inc (NASDAQ: TRIN) Right Now?
Trinity Capital Inc (NASDAQ: TRIN) has a higher price-to-earnings ratio of 9.84x compared to its average ratio. TRIN has 36-month beta value of 0.60. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 1 as “sell.”
The public float for TRIN is 56.43M, and currently, short sellers hold a 2.80% ratio of that float. The average trading volume of TRIN on February 26, 2025 was 555.14K shares.
TRIN) stock’s latest price update
The stock of Trinity Capital Inc (NASDAQ: TRIN) has increased by 5.84 when compared to last closing price of 15.74.Despite this, the company has seen a gain of 2.78% in its stock price over the last five trading days. prnewswire.com reported 2025-02-26 that Return on Average Equity hits 17.4 % in Q4 Record Quarterly Net Investment Income of $35 million, or $0.58 per share Record Annual Net Investment Income of $116 million, or $2.20 per share 2024 Total Investment Income grows 31 % year-over-year PHOENIX, Feb. 26, 2025 /PRNewswire/ — Trinity Capital Inc. (Nasdaq: TRIN) (the “Company”), a leading alternative asset manager, today announced its financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter 2024 Highlights Total investment income of $70.8 million, an increase of 48.1% year-over-year Net investment income (“NII”) of $34.6 million, or $0.58 per basic share Net increase in net assets resulting from operations of $45.9 million, or $0.77 per basic share 17.4% Return on Average Equity “ROAE” (NII/Average Equity) 7.6% Return on Average Assets “ROAA” (NII/Average Assets) Net Asset Value of $823.0 million, or $13.35 per share at the end of Q4 Total gross investment commitments of $410.6 million Total gross investments funded $297.3 million, comprised of $233.4 million in 9 new portfolio companies, $58.7 million in 15 existing portfolio companies and $5.2 million in multi-sector holdings Total investment exits and repayments of $280.6 million, including $129.0 million from early debt repayments, $16.4 million from warrant and equity sales, $58.7 million from scheduled/amortizing debt payments and $76.5 million from investments sold to multi-sector holdings 20th consecutive quarter of a consistent or increased regular dividend, with a fourth quarter distribution of $0.51 per share Full Year 2024 Highlight Total investment income of $237.7 million, an increase of 30.7% year-over-year Net investment income of $115.8 million, or $2.20 per share Total gross investments funded of $1.2 billion, an increase of 91.6% year-over-year Net investment portfolio growth at cost of $440.9 million, an increase of 33.4% year-over-year Total platform assets under management of $2.0 billion, an increase of 40.6% year-over-year Undistributed earnings spillover of $66.8 million, or $1.08 per share outstanding, based on total shares outstanding at Q4 2024 “Our team executed across various strategic initiatives to drive growth and deliver a milestone year in 2024,” said Kyle Brown, Chief Executive Officer of Trinity Capital.
Analysts’ Opinion of TRIN
Many brokerage firms have already submitted their reports for TRIN stocks, with Wells Fargo repeating the rating for TRIN by listing it as a “Underweight.” The predicted price for TRIN in the upcoming period, according to Wells Fargo is $13 based on the research report published on December 02, 2024 of the previous year 2024.
Compass Point, on the other hand, stated in their research note that they expect to see TRIN reach a price target of $15.50. The rating they have provided for TRIN stocks is “Buy” according to the report published on August 22nd, 2023.
Keefe Bruyette gave a rating of “Mkt Perform” to TRIN, setting the target price at $15 in the report published on August 07th of the previous year.
TRIN Trading at 10.49% from the 50-Day Moving Average
After a stumble in the market that brought TRIN to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 2.46% of gains for the given period.
Volatility was left at 1.50%, however, over the last 30 days, the volatility rate increased by 1.72%, as shares surge +11.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.39% upper at present.
During the last 5 trading sessions, TRIN rose by +3.55%, which changed the moving average for the period of 200-days by +13.19% in comparison to the 20-day moving average, which settled at $15.78. In addition, Trinity Capital Inc saw 15.13% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TRIN starting from Zacharia Michael, who purchase 5,560 shares at the price of $14.34 back on Dec 10 ’24. After this action, Zacharia Michael now owns 22,102 shares of Trinity Capital Inc, valued at $79,744 using the latest closing price.
Brown Steve Louis, the Executive Chairman of Trinity Capital Inc, purchase 19,350 shares at $13.12 during a trade that took place back on Nov 04 ’24, which means that Brown Steve Louis is holding 722,182 shares at $253,951 based on the most recent closing price.
Stock Fundamentals for TRIN
Current profitability levels for the company are sitting at:
- 0.83 for the present operating margin
- 0.78 for the gross margin
The net margin for Trinity Capital Inc stands at 0.48. The total capital return value is set at 0.09. Equity return is now at value 13.19, with 6.06 for asset returns.
Based on Trinity Capital Inc (TRIN), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at -5.41. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is 2.87.
Currently, EBITDA for the company is 121.19 million with net debt to EBITDA at 1.31. When we switch over and look at the enterprise to sales, we see a ratio of 5.56. The receivables turnover for the company is 10.83for trailing twelve months and the total asset turnover is 0.11.
Conclusion
To put it simply, Trinity Capital Inc (TRIN) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
