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Trinity Capital Inc. (TRIN) stock

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NYSE: TRIN NYSE Asset Management & Custody Banks Next results ~November 4, 2026

Trinity Capital Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$21

Valuation models combined (4)

Base case. Range ~$19–$24. Weighted average of 4 models (forward price-to-earnings vs peers, residual income, justified price-to-book, price-to-book vs peers), the forward price-to-earnings vs peers counting double.

Price vs value

No Buy/Hold/Sell rating is issued: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Trinity Capital Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders3 buying, 0 selling19 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds89 adding, 62 cuttingOf 20 active managers that changed their stake, 10 added; quarter to June 30, 2026Fund buyers and sellers

The Fundamentalytics view

Next results ~November 4, 2026 (estimated)

Current signal Earnings running well ahead of cash (high accruals): Over the last 12 months net income exceeded operating cash flow by an amount equal to 26.2% of total assets. Earnings built on accounting accruals rather than cash have historically proved less persistent.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Trinity Capital Inc.'s latest figures clears our strength thresholds.

Things to watch

  • Share dilution. Diluted shares rose 28.7% in a year.
  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.

Latest results

Earnings per share
$0.51 against an average estimate of $0.52: missed by 1.7%
Share reaction
-3.1% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Next report
November 4, 2026; average EPS estimate $0.52

Trinity Capital's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.0%
  • 1 week+4.3%
  • 1 month-1.5%
  • This year+29.7%
  • 1 year+30.4%
  • 5 years+114.5%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

EPS (TTM, diluted)
$1.75

Growth

Share count change
+28.7%

Earnings

Last results
August 5, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Agreement
  3. Results
  4. Announcement
  5. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Trinity Capital Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: limited reported history: available models are shown without a Buy/Hold/Sell rating.

Valuation models

We value Trinity Capital Inc. as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 8.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.76 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$19 ~$16–$25 Primary model, counts double
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$24 ~$16–$37 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$24 ~$20–$29 Included
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$20 ~$22–$55 Included
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. — Does not apply: pays no regular dividend
Combined value Weighted average of the models that apply: the primary model (forward price-to-earnings vs peers) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$21 ~$19–$24 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Trinity Capital Inc. with asset managers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 4, 2026, before the open. Analysts expect revenue of $93m and EPS of $0.52 (range $0.51 to $0.53) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $2.08 −0% $368m +25%
Next $2.11 +1% $417m +14%

Next year's EPS estimate has moved +1.5% in 90 days, across 9 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −0.6% on 90 days ago. In the last 30 days, 1 analyst raised Trinity Capital Inc.'s forecast and 5 cut it.

Consensus EPS forecast Trinity Capital Inc., last 90 days
$2.07 $2.08 $2.09 $2.10 $2.11 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $2.09 Current fiscal year, 60 days ago: $2.08 Current fiscal year, 30 days ago: $2.08 Current fiscal year, 7 days ago: $2.08 Current fiscal year, Now: $2.08 $2.08 Next fiscal year, 90 days ago: $2.07 Next fiscal year, 60 days ago: $2.11 Next fiscal year, 30 days ago: $2.11 Next fiscal year, 7 days ago: $2.11 Next fiscal year, Now: $2.11 $2.11

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $2.09$2.07
60 days ago $2.08$2.11
30 days ago $2.08$2.11
7 days ago $2.08$2.11
Now $2.08$2.11

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.52 $0.51 −1.7%
Mar 2026 $0.51 $0.53 +3.0%
Dec 2025 $0.52 $0.52 +0.4%
Sept 2025 $0.53 $0.52 −1.1%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

9 analysts, Oct 2026
Buy778%
Hold111%
Sell111%

Monthly trend

  1. Oct 202616119
  2. Sep 202616119
  3. Aug 202616119
  4. Jul 20266118

Counts of recommendations published by analysts covering Trinity Capital Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
6.3%
of tradable shares
Days to cover
6.2
at average volume
Short interest, 1 month
−5%
to October 15, 2026
Held by institutions
27%
of shares
Held by insiders
3.9%
of shares
Employees
113
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Return and risk by year

Calendar year 20222023202420252026 to date
Return
TRIN−27%+54%+15%+16%+30%
Industry peers (median)−17%+19%+15%−4%−6%
S&P 500−18%+26%+25%+18%+11%
Months that ended higher
TRIN42%58%67%58%64%
S&P 50042%67%75%75%46%
Largest fall from a high during the year
TRIN−43%−19%−9%−16%−15%
S&P 500−25%−10%−8%−19%−9%

Worst fall since January 29, 2021: 43% from March 29, 2022 to December 7, 2022. Getting back needed a 76% gain, reached on December 15, 2023, 373 days after the low.

Price behaviour

52-week range
$12.45 – $18.36
From 52-week high
−6.6%
vs 50-day average
−0.9%
vs 200-day average
+7.3%
Volatility (1 year)
21%
Beta vs S&P 500
0.70

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
8 up, 4 down
typical move ±2.4%
After a week
8 up, 4 down
typical move ±2.0%
After a month
7 up, 5 down
typical move ±3.3%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 −3.1% −0.4% +0.7% +2.0%
May 6, 2026 +0.3% +1.1% −0.9% +0.5%
February 25, 2026 +1.2% +0.3% +0.6% −2.1%
February 3, 2026 −0.7% −1.3% −1.3% −7.1%
November 5, 2025 −5.0% −0.7% −1.7% −1.7%
August 6, 2025 +2.4% +0.7% +6.6% +7.3%
May 7, 2025 +0.1% +1.1% +4.7% +3.1%
February 26, 2025 +3.0% −1.5% +1.8% +2.0%
February 4, 2025 +4.2% +1.1% +2.3% +2.7%
October 30, 2024 +1.4% −2.3% +0.6% +7.9%
August 7, 2024 +2.9% +1.6% +0.9% −1.7%
May 1, 2024 −4.5% +0.6% −2.2% −1.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial health

0 of 4 checks passed · June 30, 2026
  • Short-term assets cover short-term liabilities The company doesn't report a short-term split. Not assessable.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $22m of cash against $1.5bn of debt.
  • Debt below 40% of shareholders' equity Debt is 120% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 104% to 120% over five years.
  • A year's operating cash flow covers at least 20% of debt −$593m of operating cash flow against $1.5bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Trinity Capital Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+28.7%
year over year

Who owns it

Funds buying and selling
Reported value
$433M
Institutions reporting
171
Shares held vs prior quarter
▲ 18.5%
Positions opened / closed
25 / 16

Top buyers and sellers, Q2 2026: 89 institutions bought and 62 sold ; the biggest buyer was Two Sigma Investments, LP (+1.3M shares) and the biggest seller Group One Trading LLC (−285K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Van Eck Associates Corp $38.5M 2.2M 8.9% ▲ 39.3%
Two Sigma Investments, LP $33M 1.8M 7.6% ▲ 229.8%
UBS Group AG $26.7M 1.5M 6.2% ▲ 43.4%
Melia Wealth LLC $24.2M 1.4M 5.6% ▲ 4.4%
Sound Income Strategies, LLC $22.7M 1.3M 5.2% ▲ 9.4%
Marshall Wace, LLP $15.1M 845K 3.5% New
Price T Rowe Associates Inc $14.1M 787K 3.2% ▲ 17.8%
Morgan Stanley $13.7M 764K 3.2% ▲ 43.4%
Franklin Resources Inc $13.4M 750K 3.1% ▲ 1.2%
Invesco Ltd. $13.4M 747K 3.1% ▼ 21.5%
Emerald Advisers, LLC $13.3M 745K 3.1% ▼ 2.8%
Eagle Point Credit Management LLC $13M 727K 3.0% 0.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Trinity Capital Inc.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $887,405 19 trades by 3 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $887,405 net buying
Insider Date Trade Shares Price Value
Brown Kyle Steven CEO, President and CIO August 7, 2026 Buy 2,296 $18.04 $41,424
Brown Kyle Steven CEO, President and CIO March 16, 2026 Buy 3,532 $14.16 $50,018
Estes Ronald E. Director March 16, 2026 Buy 800 $14.16 $11,328
Brown Steve Louis Executive Chairman March 12, 2026 Buy 27,109 $14.75 $399,858
Estes Ronald E. Director March 11, 2026 Buy 500 $14.75 $7,375
Estes Ronald E. Director March 9, 2026 Buy 105 $14.80 $1,554
Brown Steve Louis Executive Chairman March 9, 2026 Buy 518 $14.82 $7,677
Brown Steve Louis Executive Chairman March 9, 2026 Buy 1,585 $14.82 $23,490
Estes Ronald E. Director March 3, 2026 Buy 200 $14.73 $2,946
Brown Kyle Steven CEO, President and CIO March 2, 2026 Buy 3,333 $14.90 $49,662
Estes Ronald E. Director December 15, 2025 Buy 1,000 $15.08 $15,080
Estes Ronald E. Director December 12, 2025 Buy 500 $15.15 $7,575

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around October 26, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 6, 2026
  • February 25, 2026
  • February 3, 2026
  • November 5, 2025
  • August 6, 2025

Recent SEC filings

Data status

When each part of this page on Trinity Capital Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Trinity Capital Inc. in brief

What does Trinity Capital Inc. do?
Trinity Capital Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in December.
What is Trinity Capital Inc.'s stock ticker?
Trinity Capital Inc. trades under the ticker TRIN on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
Who are Trinity Capital Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Van Eck Associates Corp, Two Sigma Investments, LP and UBS Group AG. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
How much debt does Trinity Capital Inc. have?
Trinity Capital Inc.'s debt-to-equity ratio is 119.5%, from its latest balance sheet (104.4% five years earlier). The financial health section below sets out its other solvency checks.
Are insiders buying or selling Trinity Capital Inc. stock?
Over the last 12 months, Trinity Capital Inc.'s directors and officers reported 19 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is Trinity Capital Inc.'s next earnings date?
Around November 4, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Trinity Capital Inc. announces its own schedule.