Trinity Capital (NASDAQ:TRIN – Get Free Report) will announce its earnings results before the market opens on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.52 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
Trinity Capital (NASDAQ:TRIN – Get Free Report) last announced its earnings results on Wednesday, August 7th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.02). Trinity Capital had a return on equity of 16.14% and a net margin of 40.06%. The business had revenue of $54.64 million for the quarter, compared to analyst estimates of $53.17 million. During the same quarter in the previous year, the company posted $0.58 EPS. On average, analysts expect Trinity Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Trinity Capital Stock Performance
Shares of TRIN opened at $13.66 on Monday. Trinity Capital has a 12 month low of $13.27 and a 12 month high of $15.44. The firm has a fifty day simple moving average of $13.92 and a 200 day simple moving average of $14.34. The stock has a market capitalization of $675.88 million, a price-to-earnings ratio of 8.48 and a beta of 0.55. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.07.
Trinity Capital Announces Dividend
Insider Buying and Selling
In other Trinity Capital news, CEO Kyle Steven Brown bought 3,500 shares of Trinity Capital stock in a transaction that occurred on Tuesday, August 13th. The stock was acquired at an average price of $14.15 per share, for a total transaction of $49,525.00. Following the completion of the acquisition, the chief executive officer now owns 975,298 shares of the company’s stock, valued at $13,800,466.70. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Over the last 90 days, insiders acquired 5,597 shares of company stock worth $78,913. 6.38% of the stock is owned by insiders.
About Trinity Capital
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 the United States.
See Also
- Five stocks we like better than Trinity Capital
- The 3 Best Fintech Stocks to Buy Now
- Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
- Short Selling: How to Short a Stock
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- Ride Out The Recession With These Dividend KingsĀ
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
Receive News & Ratings for Trinity Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trinity Capital and related companies with MarketBeat.com's FREE daily email newsletter.