Runway Growth Finance Corp. (NASDAQ:RWAY - Free Report) - Equities researchers at B. Riley issued their Q1 2026 EPS estimates for shares of Runway Growth Finance in a research report issued on Monday, June 16th. B. Riley analyst S. Adams anticipates that the company will post earnings per share of $0.38 for the quarter. B. Riley currently has a "Strong-Buy" rating on the stock. The consensus estimate for Runway Growth Finance's current full-year earnings is $1.67 per share. B. Riley also issued estimates for Runway Growth Finance's Q2 2026 earnings at $0.38 EPS, Q3 2026 earnings at $0.39 EPS, Q4 2026 earnings at $0.39 EPS and FY2026 earnings at $1.53 EPS.
Runway Growth Finance (NASDAQ:RWAY - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The company reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.06. Runway Growth Finance had a net margin of 45.30% and a return on equity of 11.95%. The business had revenue of $35.40 million during the quarter, compared to analysts' expectations of $33.83 million.
Other equities research analysts have also issued research reports about the stock. UBS Group lowered their target price on shares of Runway Growth Finance from $13.00 to $11.00 and set a "buy" rating for the company in a report on Thursday, April 17th. Wells Fargo & Company restated an "equal weight" rating and issued a $9.50 target price (down previously from $10.00) on shares of Runway Growth Finance in a report on Wednesday, May 28th. Compass Point raised their target price on shares of Runway Growth Finance from $11.50 to $12.00 and gave the stock a "buy" rating in a report on Tuesday, April 1st. Finally, JPMorgan Chase & Co. lowered their target price on shares of Runway Growth Finance from $10.50 to $9.00 and set a "neutral" rating for the company in a report on Thursday, April 24th. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $10.70.
View Our Latest Report on Runway Growth Finance
Runway Growth Finance Trading Down 0.2%
Shares of Runway Growth Finance stock traded down $0.02 during trading on Wednesday, hitting $10.31. The stock had a trading volume of 232,749 shares, compared to its average volume of 316,144. The firm's fifty day simple moving average is $9.62 and its 200-day simple moving average is $10.44. The stock has a market cap of $385.08 million, a PE ratio of 6.21 and a beta of 0.68. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.72 and a quick ratio of 0.72. Runway Growth Finance has a 12 month low of $8.35 and a 12 month high of $12.09.
Runway Growth Finance Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Investors of record on Monday, May 19th were issued a dividend of $0.33 per share. The ex-dividend date of this dividend was Monday, May 19th. This represents a $1.32 dividend on an annualized basis and a yield of 12.80%. Runway Growth Finance's payout ratio is 79.52%.
Institutional Investors Weigh In On Runway Growth Finance
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. PharVision Advisers LLC lifted its holdings in Runway Growth Finance by 63.8% during the 1st quarter. PharVision Advisers LLC now owns 16,894 shares of the company's stock valued at $175,000 after buying an additional 6,578 shares in the last quarter. Ares Management LLC lifted its holdings in Runway Growth Finance by 4.5% during the 1st quarter. Ares Management LLC now owns 459,943 shares of the company's stock valued at $4,760,000 after buying an additional 20,000 shares in the last quarter. Cubist Systematic Strategies LLC bought a new stake in Runway Growth Finance during the 1st quarter valued at about $689,000. Royal Bank of Canada lifted its holdings in Runway Growth Finance by 52.3% during the 1st quarter. Royal Bank of Canada now owns 21,252 shares of the company's stock valued at $220,000 after buying an additional 7,299 shares in the last quarter. Finally, Quarry LP lifted its holdings in Runway Growth Finance by 117.4% during the 1st quarter. Quarry LP now owns 5,979 shares of the company's stock valued at $62,000 after buying an additional 3,229 shares in the last quarter. Institutional investors own 64.61% of the company's stock.
Runway Growth Finance Company Profile
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Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies. It prefers to make investments in companies engaged in the technology, life sciences, healthcare and information services, business services and select consumer services and products sectors.
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