Currently, there are 57.64M common shares owned by the public and among those 56.43M shares have been available to trade.
The company’s stock has a 5-day price change of 2.45% and 5.41% over the past three months. TRIN shares are trading 0.97% year to date (YTD), with the 12-month market performance up to 2.38% higher. It has a 12-month low price of $13.05 and touched a high of $15.26 over the same period. TRIN has an average intraday trading volume of 548.67K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.33%, 1.63%, and 1.96% respectively.
Institutional ownership of Trinity Capital Inc (NASDAQ: TRIN) shares accounts for 23.34% of the company’s 57.64M shares outstanding.
It has a market capitalization of $860.61M and a beta (3y monthly) value of 0.60. The stock’s trailing 12-month PE ratio is 8.63, while the earnings-per-share (ttm) stands at $1.69. The company has a debt-to-equity ratio at 1.22. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.30% over the week and 1.45% over the month.
Earnings per share for the fiscal year are expected to decrease by -3.49%, and -2.13% over the next financial year.
Looking at the support for the TRIN, a number of firms have released research notes about the stock. Wells Fargo stated their Underweight rating for the stock in a research note on December 02, 2024, with the firm’s price target at $13. Compass Point coverage for the Trinity Capital Inc (TRIN) stock in a research note released on August 22, 2023 offered a Buy rating with a price target of $15.50. Keefe Bruyette was of a view on August 07, 2023 that the stock is Mkt Perform, while Jefferies gave the stock Buy rating on July 05, 2023, issuing a price target of $15. Keefe Bruyette on their part issued Underperform rating on March 13, 2023.
