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Runway Growth Finance Corp (RWAY)
NASDAQ:RWAY
RESEARCH TOOLSreports
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RWAY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.87 - $13.74
Previous Close$10.45
Volume155.34K
Average Volume (3M)256.43K
Market Cap
$402.82M
Enterprise Value$703.01M
Total Cash (Recent Filing)$8.81M
Total Debt (Recent Filing)$309.00M
Price to Earnings (P/E)13.8
Beta0.60
Next Earnings
Nov 12, 2024EPS Estimate
$0.45Last Dividend Ex-Date
Aug 12, 2024Dividend Yield17.7%
Share Statistics
EPS (TTM)0.76
Shares Outstanding38,547,295
10 Day Avg. Volume213,519
30 Day Avg. Volume256,427
Standard Deviation0.07
R-Squared0.16
Alpha0.00161
Financial Highlights & Ratios
Price to Book (P/B)0.80
Price to Sales (P/S)9.65
Price to Cash Flow (P/CF)-2.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue43.94
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda13.23
Forecast
1Y Price Target
$11.08Price Target Upside6.03% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Runway Growth Finance Corp News
PremiumPre-Earnings
Is RWAY a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Earnings PotentialRWAY's earnings power remains highly sensitive to net deployments, where there is very high operating leverage on every incremental dollar deployed.
Financial PerformanceManagement pointed to $250 million (at midpoint) repays, which should bolster NOI.
Market PositionRWAY is well positioned to capitalize on the supply/demand imbalance for venture debt as traditional lenders cede share to specialist lenders.
Bears Say
Financial PerformanceNOI dropped on timing (early repays, late deployments) and lower acceleration of OID.
LiquidityNon-cash PIK income has been elevated, which could affect liquidity and financial performance over time if market conditions worsen.
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
29.23% Insiders
0.13% Mutual Funds
2.36% Other Institutional Investors
64.63% 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 $13.74 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 Nov 12, 2024 which is today.
How were Runway Growth Finance Corp’s earnings last quarter?
Runway Growth Finance Corp released its earnings results on Aug 08, 2024. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.442 by -$0.072.
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 $0.45 which represents an annual dividend yield of 17.7%. 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 $0.45.
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 $0.37 in its last earnings report, missing expectations of $0.442. Following the earnings report the stock price went down -6.691%.
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
Moderate Buy
Average Price Target:
$11.08 (6.03% Upside)
$11.08 (6.03% Upside)
Blogger Sentiment
Bullish
RWAY Sentiment 100%
Sector Average 68%
Sector Average 68%
Insider Transactions
Bought Shares
Worth $50.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 7.4%
Last 30 Days ▼ 7.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
1.71%
12-Months-Change
Fundamentals
Return on Equity
5.62%
Trailing 12-Months
Asset Growth
-5.55%
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
Q2 2024
0:00 / 0:00
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RWAY Stock 12 Month Forecast
Average Price Target
$11.08
▲(6.03% Upside)
Technical Analysis
TriplePoint Venture Growth
―
Hercules Capital
―
Horizon Technology
―
Sixth Street Specialty Lending
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Best Analysts Covering RWAY
1 Year
1 Year Success Rate
6/11 ratings generated profit
1 Year Average Return
+4.79%
reiterated a buy rating 28 days ago
Copying Casey Alexander's trades and holding each position for 1 Year would result in 54.55% of your transactions generating a profit, with an average return of +4.79% per trade.
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