Education
About Us
Working with TipRanks
Follow Us
Runway Growth Finance Corp (RWAY)
NASDAQ:RWAY
RESEARCH TOOLSreports
RWAY Stock Chart & Stats
Day’s Range― - ―
52-Week Range$9.87 - $13.52
Previous CloseN/A
Volume83.35K
Average Volume (3M)221.12K
Market Cap
$429.68M
Enterprise Value$877.23M
Total Cash (Recent Filing)$2.53M
Total Debt (Recent Filing)$138.93M
Price to Earnings (P/E)11.0
Beta0.75
Next Earnings
Mar 20, 2025EPS Estimate
0.42Last Dividend Ex-Date
Nov 18, 2024Dividend Yield15.56%
Share Statistics
EPS (TTM)1.04
Shares Outstanding37,347,427
10 Day Avg. Volume211,270
30 Day Avg. Volume221,121
Standard Deviation0.07
R-Squared0.17
Alpha0.00491
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.83
Price to Cash Flow (P/CF)4.10
P/FCF Ratio2.80
Enterprise Value/Market Cap2.04
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit7.97
Enterprise Value/Ebitda-850.85
Forecast
1Y Price Target
$11.50Price Target Upside0.00%
Rating ConsensusModerate Buy
Number of Analyst Covering3
---
Runway Growth Finance Corp News
PremiumStock Analysis & Ideas
Wells Fargo Likes These 2 Dividend Stocks Yielding as High as 15%
PremiumCompany Announcements
Runway Growth Finance Corp. Reports Solid Q3 2024 Results
PremiumPre-Earnings
Is RWAY a Buy, Before Earnings?---
Bulls Say, Bears Say
Bulls Say
Post-quarter DevelopmentsCareCloud trading up meaningfully on the back of earnings and resumption of preferred dividends is a positive indicator for the stock.
Repayments ImpactManagement's expectation of $250 million repays in the second half of '24 should bolster net operating income.
Share Buyback ProgramThe ongoing share buyback is expected to continue as a net asset value tailwind, supporting the stock.
Bears Say
Net Operating Income PerformanceNet operating income of $0.41 per share fell below the analyst's estimate of $0.44, indicating weaker performance.
Risk AssessmentThe company is perceived as having a higher risk net operating income and net asset value profile due to large individual credit exposures.
Supplemental DividendsSupplemental dividends were paused, which may reflect challenges related to the rate curve and the company's volatile net operating income profile.
---
Ownership Overview
30.33% Insiders
0.15% Mutual Funds
40.60% Other Institutional Investors
25.97% 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 $9.87 and its highest was $13.52 in the past 12 months.
What is Runway Growth Finance Corp’s market cap?
Runway Growth Finance Corp’s market cap is $429.68M.
When is Runway Growth Finance Corp’s upcoming earnings report date?
Runway Growth Finance Corp’s upcoming earnings report date is Mar 20, 2025 which is in 17 days.
How were Runway Growth Finance Corp’s earnings last quarter?
Runway Growth Finance Corp released its earnings results on Nov 12, 2024. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.445 by -$0.035.
Is Runway Growth Finance Corp overvalued?
According to Wall Street analysts Runway Growth Finance Corp’s price is currently same.
Does Runway Growth Finance Corp pay dividends?
Runway Growth Finance Corp pays a Quarterly dividend of $0.4 which represents an annual dividend yield of 15.56%. 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 0.42.
How many shares outstanding does Runway Growth Finance Corp have?
Runway Growth Finance Corp has 37,347,427 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 $0.41 in its last earnings report, missing expectations of $0.445. Following the earnings report the stock price went down -0.592%.
Which hedge fund is a major shareholder of Runway Growth Finance Corp?
Currently, no hedge funds are holding shares in RWAY
---
Runway Growth Finance Corp Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$11.50 (0.00% )
$11.50 (0.00% )
Blogger Sentiment
Bullish
RWAY Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 135.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $10.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 7.0%
Last 30 Days ▲ 10.8%
Last 30 Days ▲ 10.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-3.14%
12-Months-Change
Fundamentals
Return on Equity
7.53%
Trailing 12-Months
Asset Growth
4.00%
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.
---
RWAY Company Deck
---
RWAY Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected a positive outlook with strong investment income, strategic acquisition plans, and stable portfolio performance. However, challenges such as nonaccrual loans and increased operating expenses were noted. The strategic acquisition by BC Partners is expected to enhance future growth and investment opportunities.Read More>---
RWAY Stock 12 Month Forecast
Average Price Target
$11.50
▲(0.00% Upside)
Technical Analysis
Hercules Capital
―
BlackRock TCP Capital
―
TriplePoint Venture Growth
―
Sixth Street Specialty Lending
―
Goldman Sachs BDC
―
Best Analysts Covering RWAY
1 Year
1 Year Success Rate
9/12 ratings generated profit
1 Year Average Return
+6.68%
reiterated a buy rating last month
Copying Casey Alexander's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +6.68% per trade.
---