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 an additional office in Lutherville-Timonium, Maryland.
IPO Year: 2021
Exchange: NASDAQ
Website: trincapinvestment.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/2/2024 | $13.00 | Equal Weight → Underweight | Wells Fargo |
| 8/22/2023 | $15.50 | Neutral → Buy | Compass Point |
| 8/7/2023 | $15.00 | Underperform → Mkt Perform | Keefe Bruyette |
| 7/5/2023 | $15.00 | Buy | Jefferies |
| 3/13/2023 | $13.50 → $11.00 | Mkt Perform → Underperform | Keefe Bruyette |
| 11/7/2022 | $30.00 | Positive → Neutral | Susquehanna |
| 11/4/2022 | $16.00 → $12.50 | Outperform → Mkt Perform | Keefe Bruyette |
| 10/27/2022 | $18.00 → $12.75 | Buy → Neutral | Compass Point |
| 9/16/2022 | $14.50 | Buy | B. Riley Securities |
| 7/25/2022 | $16.00 → $14.50 | Overweight → Equal Weight | Wells Fargo |
4 - Trinity Capital Inc. (0001786108) (Issuer)
4 - Trinity Capital Inc. (0001786108) (Issuer)
4 - Trinity Capital Inc. (0001786108) (Issuer)
4 - Trinity Capital Inc. (0001786108) (Issuer)
4 - Trinity Capital Inc. (0001786108) (Issuer)
4 - Trinity Capital Inc. (0001786108) (Issuer)
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4/A - Trinity Capital Inc. (0001786108) (Issuer)
4/A - Trinity Capital Inc. (0001786108) (Issuer)
4/A - Trinity Capital Inc. (0001786108) (Issuer)
Company originates $186 million of new commitments in the first quarter of 2025 PHOENIX, April 9, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading alternative asset manager, today announced a portfolio update for the first quarter of 2025. Trinity Capital funded $220 million of total investments and originated $186 million of new commitments in the first quarter of 2025. First quarter 2025 investment highlights: Investments funded totaled approximately $220 million, which was comprised of $148 million in secured loans, $71 million in equipment
PHOENIX, April 3, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading international alternative asset manager, today announced that it will release its first quarter 2025 financial results at 8:00 a.m. ET on Wednesday, May 7, 2025. The Company will discuss its financial results on a conference call later that day at 12:00 p.m. ET. To listen to the call, please dial (800) 267-6316 or (203) 518-9783 internationally and reference Conference ID: TRINQ125 if asked, approximately 10 minutes prior to the start of the call. A taped replay will be made av
21st Consecutive Quarter of a Consistent or Increased Dividend PHOENIX, March 19, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading international alternative asset manager, today announced that its Board of Directors declared a cash dividend of $0.51 per share with respect to the quarter ending March 31, 2025. This is an equivalent dividend compared to the fourth quarter of 2024 and marks the 21st consecutive quarter of a consistent or increased dividend for Trinity shareholders. Summary of First Quarter 2025 Dividend: Declaration Date March 1
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-yearNet inves
PHOENIX, Feb. 4, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity Capital" or the "Company"), a leading alternative asset manager, today announced preliminary estimates of financial results for the fourth quarter and year ended December 31, 2024. Trinity Capital's preliminary estimate of its fourth quarter 2024 net investment income is in the range of $0.58 to $0.60 per share. Trinity Capital's preliminary estimate of its net asset value per share as of December 31, 2024 is in the range of $13.32 to $13.37. Trinity Capital's preliminary estimate of its investm
PHOENIX, Jan. 29, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading alternative asset manager, today announced that DBRS, Inc. ("Morningstar DBRS") a leading provider of independent investment insights, has confirmed its previously assigned investment grade credit rating of "BBB (low)" with a stable outlook to the Company. Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and structured finance instruments globally. Rating more than 4,000 issuers and 60,000 securities, Morningstar DBRS is the fourth-largest credit rating agency in the world and a marke
PHOENIX, Jan. 22, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading alternative asset manager, today announced that it expects to issue quarterly earnings releases before the market opens and hold conference calls at the time indicated on the following dates: Fourth quarter and full year 2024: Wednesday, February 26, 2025, at 12:00 p.m. ETFirst quarter 2025: Wednesday, May 7, 2025, at 12:00 p.m. ETSecond quarter 2025: Wednesday, August 6, 2025, at 12:00 p.m. ETThird quarter 2025: Wednesday, November 5, 2025, at 12:00 p.m. ETFourth
20th Consecutive Quarter of a Consistent or Increased Dividend PHOENIX, Dec. 12, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced that its Board of Directors declared a cash dividend of $0.51 per share with respect to the quarter ending December 31, 2024. This is an equivalent dividend compared to the third quarter of 2024 and marks the 20th consecutive quarter of a consistent or increased dividend for Trinity shareholders. Summary of Fourth
PHOENIX, Nov. 7, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced that its board of directors has authorized a program for the purpose of repurchasing up to $30 million worth of the Company's common stock. Under the repurchase program, Trinity may, but is not obligated to, repurchase its outstanding common stock in the open market from time to time, provided that Trinity complies with applicable policies and laws, including certain price, mar
Return on average equity of 16.2% NII climbs to a record of $29.4 million, or $0.54 per share Total investment income grows 33% year-over-year PHOENIX, Oct. 30, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Record total investment income of $61.8 million, an increase of 33.2% year-over-yearRecord net investment income ("NII") of $29.4 milli
8-K - Trinity Capital Inc. (0001786108) (Filer)
8-K - Trinity Capital Inc. (0001786108) (Filer)
SCHEDULE 13G/A - Trinity Capital Inc. (0001786108) (Subject)
10-K - Trinity Capital Inc. (0001786108) (Filer)
8-K - Trinity Capital Inc. (0001786108) (Filer)
8-K - Trinity Capital Inc. (0001786108) (Filer)
8-K - Trinity Capital Inc. (0001786108) (Filer)
EFFECT - Trinity Capital Inc. (0001786108) (Filer)
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Company originates $186 million of new commitments in the first quarter of 2025 PHOENIX, April 9, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading alternative asset manager, today announced a portfolio update for the first quarter of 2025. Trinity Capital funded $220 million of total investments and originated $186 million of new commitments in the first quarter of 2025. First quarter 2025 investment highlights: Investments funded totaled approximately $220 million, which was comprised of $148 million in secured loans, $71 million in equipment
PHOENIX, April 3, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading international alternative asset manager, today announced that it will release its first quarter 2025 financial results at 8:00 a.m. ET on Wednesday, May 7, 2025. The Company will discuss its financial results on a conference call later that day at 12:00 p.m. ET. To listen to the call, please dial (800) 267-6316 or (203) 518-9783 internationally and reference Conference ID: TRINQ125 if asked, approximately 10 minutes prior to the start of the call. A taped replay will be made av
PHOENIX, April 2, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading alternative asset manager, today announced the commitment of up to $68.75 million in growth capital to CMR Surgical, a global medical devices company dedicated to transforming surgery with the Versius Surgical Robotic System (Versius), a versatile and adaptable soft-tissue surgical robot. The investment forms part of the company's recently closed financing round of more than $200 million. Headquartered in Cambridge, United Kingdom, CMR Surgical is dedicated to collaborating wit
21st Consecutive Quarter of a Consistent or Increased Dividend PHOENIX, March 19, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading international alternative asset manager, today announced that its Board of Directors declared a cash dividend of $0.51 per share with respect to the quarter ending March 31, 2025. This is an equivalent dividend compared to the fourth quarter of 2024 and marks the 21st consecutive quarter of a consistent or increased dividend for Trinity shareholders. Summary of First Quarter 2025 Dividend: Declaration Date March 1
PHOENIX, March 12, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading international alternative asset manager, today announced the appointment of Zach Taffet as Director of Capital Formation & Investor Relations. Mr. Taffet will help drive the strategic direction for the Company's private fund strategies and management of institutional capital through its RIA platform. Mr. Taffet brings nearly a decade of experience in capital raising and investor relations, most recently as a member of BlackRock's Infrastructure Capital Formation Team for their
PHOENIX, March 3, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading alternative asset manager, today announced the appointment of John Orlando as Managing Director of Life Sciences, based in Boston. Mr. Orlando, an established leader with over a decade of experience in venture lending, has built a strong reputation as a trusted partner within the Life Sciences industry. "We are thrilled to welcome John to our team," said Rob Lake, Senior Managing Director, Life Sciences at Trinity Capital. "We believe his industry experience and deep relationsh
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-yearNet inves
PHOENIX, Feb. 20, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $15 million in growth capital to Cagent Vascular Inc., a leading developer of serration technology for vessel dilation in endovascular interventions. This capital augments $45 million of equity financing led by US Venture Partners in 2024. Cagent Vascular is a medical device company pioneering innovative vascular treatment technologies. The company's flagship product, Serranator®, helps improve angioplasty procedu
PHOENIX, Feb. 4, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity Capital" or the "Company"), a leading alternative asset manager, today announced preliminary estimates of financial results for the fourth quarter and year ended December 31, 2024. Trinity Capital's preliminary estimate of its fourth quarter 2024 net investment income is in the range of $0.58 to $0.60 per share. Trinity Capital's preliminary estimate of its net asset value per share as of December 31, 2024 is in the range of $13.32 to $13.37. Trinity Capital's preliminary estimate of its investm
PHOENIX, Jan. 30, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity Capital"), a leading alternative asset manager, today announced the commitment of $25 million in growth capital to Wisetack, a leading pay-over-time platform for home services. Wisetack provides consumer financing for home services such as HVAC, plumbing, and pest control, allowing customers to quickly and easily set up pay-over-time options. Wisetack is integrated into the software tools that home service businesses already use, making it easy for the businesses to start offering their custome
Wells Fargo downgraded Trinity Capital from Equal Weight to Underweight and set a new price target of $13.00
Compass Point upgraded Trinity Capital from Neutral to Buy and set a new price target of $15.50
Keefe Bruyette upgraded Trinity Capital from Underperform to Mkt Perform and set a new price target of $15.00
Jefferies initiated coverage of Trinity Capital with a rating of Buy and set a new price target of $15.00
Keefe Bruyette downgraded Trinity Capital from Mkt Perform to Underperform and set a new price target of $11.00 from $13.50 previously
Susquehanna downgraded Trinity Capital from Positive to Neutral and set a new price target of $30.00
Keefe Bruyette downgraded Trinity Capital from Outperform to Mkt Perform and set a new price target of $12.50 from $16.00 previously
Compass Point downgraded Trinity Capital from Buy to Neutral and set a new price target of $12.75 from $18.00 previously
B. Riley Securities resumed coverage of Trinity Capital with a rating of Buy and set a new price target of $14.50
Wells Fargo downgraded Trinity Capital from Overweight to Equal Weight and set a new price target of $14.50 from $16.00 previously
4 - Trinity Capital Inc. (0001786108) (Issuer)
4 - Trinity Capital Inc. (0001786108) (Issuer)
4 - Trinity Capital Inc. (0001786108) (Issuer)
4 - Trinity Capital Inc. (0001786108) (Issuer)
4 - Trinity Capital Inc. (0001786108) (Issuer)
4 - Trinity Capital Inc. (0001786108) (Issuer)
4 - Trinity Capital Inc. (0001786108) (Issuer)
4 - Trinity Capital Inc. (0001786108) (Issuer)
4 - Trinity Capital Inc. (0001786108) (Issuer)
4 - Trinity Capital Inc. (0001786108) (Issuer)
PHOENIX, March 12, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading international alternative asset manager, today announced the appointment of Zach Taffet as Director of Capital Formation & Investor Relations. Mr. Taffet will help drive the strategic direction for the Company's private fund strategies and management of institutional capital through its RIA platform. Mr. Taffet brings nearly a decade of experience in capital raising and investor relations, most recently as a member of BlackRock's Infrastructure Capital Formation Team for their
PHOENIX, March 3, 2025 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) (the "Company"), a leading alternative asset manager, today announced the appointment of John Orlando as Managing Director of Life Sciences, based in Boston. Mr. Orlando, an established leader with over a decade of experience in venture lending, has built a strong reputation as a trusted partner within the Life Sciences industry. "We are thrilled to welcome John to our team," said Rob Lake, Senior Managing Director, Life Sciences at Trinity Capital. "We believe his industry experience and deep relationsh
PHOENIX, July 22, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the appointment of Josh Ruben as Managing Director of Life Sciences. Mr. Ruben, an established leader with over a decade of experience in investment banking, has a long track record of supporting life science companies with over $50 billion of transactions completed across M&A and capital raises. He is based in Phoenix, AZ. "We are delighted to welcome Josh to our team," said
Appoints Craig Fox to Lead New Venture PHOENIX, May 22, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced its strategic expansion into Europe with the appointment of London-based Craig Fox as Managing Director. This initiative aligns with the Company's long-term vision of supporting high-growth companies globally. By establishing a dedicated European team, Trinity aims to capitalize on the growing momentum and venture capital activity in the r
New business to provide growth capital for private-equity-backed companies PHOENIX, May 7, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the expansion of its business with the addition of a new Sponsor Finance vertical. This strategic expansion naturally extends the Company's established expertise in providing direct lending solutions to sponsor-backed companies across a range of industries. "We see the ability to leverage our market knowl
PHOENIX, Jan. 23, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced the strategic expansion of its origination team with the appointment of Brendan Carr as Director of Tech Lending, based in Boston. Bringing a wealth of experience from over a decade in the venture banking sphere, Mr. Carr has a vast network of industry connections and a proven track record of working with companies as they ramp up their operations. "We are delighted to welcome Br
PHOENIX, Dec. 18, 2023 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced the appointment of Ryan Kaeding as Managing Director, Life Sciences in San Diego, California. Mr. Kaeding, a veteran in the venture ecosystem, has been supporting venture capital-backed growth-stage companies for 20+ years. "We are thrilled to welcome Ryan to our team in San Diego," said Rob Lake, Senior Managing Director, Life Sciences at Trinity. "His expertise is expected to b
PHOENIX, Sept. 6, 2023 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity Capital" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced that as part of the Company's long-term succession plan, its Board of Directors has named Kyle Brown as Chief Executive Officer, effective January 1, 2024. At the same time, Trinity's current CEO, Steve Brown, will become Executive Chairman of the Board of Directors. This carefully designed leadership transition reflects the vision and planning of the Company's management
PHOENIX, June 29, 2023 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced the strategic expansion of its origination team with the appointment of Andrew Ghannam as Managing Director of Tech Lending, based in New York. A seasoned executive, Mr. Ghannam brings over a decade of experience in the venture banking sphere, a vast network of industry connections and a proven track record of fostering growth and innovation in the New York market. "We are excite
Appoints Igor DaCruz as Managing Director and Opens San Diego Office PHOENIX, June 26, 2023 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced the continued expansion of its life sciences team with the appointment of Igor DaCruz as Managing Director, Life Sciences, and the opening of a new office in the San Diego area. "This expansion is part of Trinity's strategic vision to become a comprehensive solutions provider offering a wide range of financial p