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Runway Growth Finance Corp (RWAY)
NASDAQ:RWAY
RESEARCH TOOLSreports
Runway Growth Finance Corp (RWAY) Stock Price & Analysis
170 Followers
RWAY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.54 - $13.21
Previous Close$11.79
Volume153.82K
Average Volume (3M)368.38K
Market Cap
$454.47M
Enterprise Value$684.56M
Total Cash (Recent Filing)$6.92M
Total Debt (Recent Filing)$237.00M
Price to Earnings (P/E)10.7
Beta0.55
Next Earnings
Aug 08, 2024EPS Estimate
$0.44Last Dividend Ex-Date
May 09, 2024Dividend Yield15.69%
Share Statistics
EPS (TTM)1.10
Shares Outstanding39,438,460
10 Day Avg. Volume265,188
30 Day Avg. Volume368,376
Standard Deviation0.08
R-Squared0.19
Alpha0.00667
Financial Highlights & Ratios
Price to Book (P/B)0.84
Price to Sales (P/S)220.05
Price to Cash Flow (P/CF)-1.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue19.19
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda12.94
Forecast
1Y Price Target
$12.71Price Target Upside7.80% Upside
Rating ConsensusHold
Number of Analyst Covering6
Runway Growth Finance Corp News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceRWAY reported NOI of $0.46, ahead of analyst's $0.44 estimate, helped by higher asset yields during the quarter.
Management And InvestorsThe executive team at Runway has an average of 26+ years of experience and has attracted Oaktree Capital Management as a long-term anchor platform investor.
Market PositionRWAY is well positioned to capitalize on the supply/demand imbalance for venture debt as traditional lenders cede share to specialist lenders, like RWAY.
Bears Say
Liquidity And Financial PerformanceNon-cash PIK income has been elevated, which could affect liquidity and financial performance over time if market conditions worsen.
Portfolio ConcentrationConcentration risk showed this quarter with one of RWAY's larger portfolio credits placed onto non-accrual (Snagajob), which remains a significant exposure at 6.9% of NAV.
ValuationValuation will remain constrained in the near term as the largest shareholder, Oaktree Capital Management, continues to sell the stock.
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Ownership Overview
83.84% Insiders
0.78% Mutual Funds
4.72% Other Institutional Investors
10.66% Public Companies and
Individual Investors
RWAY FAQ
What was Runway Growth Finance Corp’s price range in the past 12 months?
Runway Growth Finance Corp lowest stock price was $10.54 and its highest was $13.21 in the past 12 months.
What is Runway Growth Finance Corp’s market cap?
Currently, no data Available
When is Runway Growth Finance Corp’s upcoming earnings report date?
Runway Growth Finance Corp’s upcoming earnings report date is Aug 08, 2024 which is in 17 days.
How were Runway Growth Finance Corp’s earnings last quarter?
Runway Growth Finance Corp released its earnings results on May 07, 2024. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.453 by $0.007.
Is Runway Growth Finance Corp overvalued?
According to Wall Street analysts Runway Growth Finance Corp’s price is currently Undervalued.
Does Runway Growth Finance Corp pay dividends?
Runway Growth Finance Corp pays a Quarterly dividend of $0.47 which represents an annual dividend yield of 15.69%. See more information on Runway Growth Finance Corp dividends here
What is Runway Growth Finance Corp’s EPS estimate?
Runway Growth Finance Corp’s EPS estimate is $0.44.
How many shares outstanding does Runway Growth Finance Corp have?
Runway Growth Finance Corp has 38,547,295 shares outstanding.
What happened to Runway Growth Finance Corp’s price movement after its last earnings report?
Runway Growth Finance Corp reported an EPS of $0.46 in its last earnings report, beating expectations of $0.453. Following the earnings report the stock price went down -6.986%.
Which hedge fund is a major shareholder of Runway Growth Finance Corp?
Currently, no hedge funds are holding shares in RWAY
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Runway Growth Finance Corp Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$12.71 (7.80% Upside)
$12.71 (7.80% Upside)
Blogger Sentiment
Bullish
RWAY Sentiment 100%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth $54.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days >0.1%
Last 30 Days ▼ 1.7%
Last 30 Days ▼ 1.7%
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.33%
12-Months-Change
Fundamentals
Return on Equity
8.08%
Trailing 12-Months
Asset Growth
-12.14%
Trailing 12-Months
Company Description
Runway Growth Finance Corp
Runway Growth Finance Corp is a specialty finance company focused on providing senior secured loans to high-growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products and other high-growth industries.
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RWAY Company Deck
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RWAY Earnings Call
Q1 2024
0:00 / 0:00
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RWAY Stock 12 Month Forecast
Average Price Target
$12.71
▲(7.80% Upside)
Technical Analysis
Credit Acceptance
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Hercules Capital
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Ares Capital
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Sixth Street Specialty Lending
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Best Analysts Covering RWAY
1 Year
1 Year Success Rate
0/1 ratings generated profit
1 Year Average Return
0.00%
reiterated a buy rating 5 days ago
Copying Douglas Harter's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of 0.00% per trade.
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