Runway Growth Finance (RWAY) Stock Price, News & Analysis

Company Overview

Runway Growth Finance Corp. (NASDAQ:RWAY) is a business development company that provides growth capital to late-stage and growth-oriented companies. The company primarily invests in privately held businesses that may have established products, recurring revenue, and significant growth opportunities but limited access to traditional bank financing.

Runway Growth Finance generally provides venture debt and other secured financing solutions, including senior secured loans and equipment financing. It may also make equity investments, such as warrants or other equity-linked investments, alongside its lending activities. The company seeks to generate current income from its investment portfolio and, to a lesser extent, capital appreciation.

Runway Growth Finance was formed in 2015 and is externally managed by Runway Growth Capital LLC. Its investments are focused primarily on companies in the United States, with an emphasis on technology, healthcare, consumer products, and other innovation-driven industries. Runway Growth Capital was founded by David Spreng, who has been associated with the company’s leadership.

Key Stats

• Today's Range: $6.55 to $6.70
• 50-Day Range: $5.27 to $6.97
• 52-Week Range: $5.19 to $10.69
• Volume: 417,597 shs
• Average Volume: 420,098 shs
• Market Capitalization: $276.61 million
• P/E Ratio: 60.01
• Dividend Yield: 20.00%
• Price Target: $8.40
• Consensus Rating: Hold

Runway Growth Finance Stock Analysis - MarketRank™

Runway Growth Finance scored higher than 82% of companies evaluated by MarketBeat, and ranked 293rd out of 851 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Hold

Consensus Rating

Runway Growth Finance has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 2 buy ratings, 3 hold ratings, and 2 sell ratings.

Upside Potential

Runway Growth Finance has a consensus price target of $8.40, representing about 27.3% upside from its current price of $6.60.

Amount of Analyst Coverage

Runway Growth Finance has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -6.47%

Earnings Growth

Earnings for Runway Growth Finance are expected to decrease by -6.47% in the coming year, from $1.39 to $1.30 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Runway Growth Finance is 60.01, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.61.

Price to Earnings Ratio vs. Sector

The P/E ratio of Runway Growth Finance is 60.01, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 25.34.

Price to Book Value per Share Ratio

Runway Growth Finance has a P/B Ratio of 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.60% of the float of Runway Growth Finance has been sold short.

Short Interest Ratio / Days to Cover

Runway Growth Finance has a short interest ratio ("days to cover") of 6.97.

Change versus previous month

Short interest in Runway Growth Finance has recently decreased by 1.84%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Runway Growth Finance is a leading dividend payer. It pays a dividend yield of 19.64%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Runway Growth Finance does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Runway Growth Finance is 1,200.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Runway Growth Finance will have a dividend payout ratio of 101.54% in the coming year. This indicates that Runway Growth Finance may not be able to sustain their current dividend.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.70

News Sentiment

Runway Growth Finance has a news sentiment score of 1.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.84 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Runway Growth Finance this week, compared to 3 articles on an average week.

Company Ownership

• Score: 4.3 / 5
• Insider Trading: Acquiring Shares

Cluster Insider Buying

3 insiders have purchased shares of Runway Growth Finance in the last three months. Multiple insiders buying is a strong bullish signal.

Net Insider Buying

Over the last three months, insiders have purchased a net $108,640.00 in company stock, which represents 0.0393% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Runway Growth Finance insiders have bought more of their company's stock than they have sold. Specifically, they have bought $108,640.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

1.01% of the stock of Runway Growth Finance is held by insiders.

Percentage Held by Institutions

64.61% of the stock of Runway Growth Finance is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/06/2026
• Record date for 8/31 Dividend: 8/17/2026
• Ex-Dividend for 8/31 Dividend: 8/17/2026
• Dividend Payable: 8/31/2026
• Today: 9/15/2026
• Next Earnings (Estimated): 11/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Capital Markets
• Sub-Industry: Asset Management & Custody Banks
• Current Symbol: NASDAQ:RWAY
• CIK: 1653384
• Web: www.runwaygrowth.com
• Phone: 312-281-6270
• Fax: N/A
• Employees: 500
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Runway Growth Finance: $8.40
• High Price Target: $12.00
• Low Price Target: $5.50
• Potential Upside/Downside: +27.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.11
• Trailing P/E Ratio: 60.01
• Forward P/E Ratio: 4.75
• P/E Growth: N/A
• Net Income: $34.05 million
• Net Margins: 5.82%
• Pretax Margin: 5.82%
• Return on Equity: 11.73%
• Return on Assets: 5.55%

Debt

• Debt-to-Equity Ratio: 1.38
• Current Ratio: 0.93
• Quick Ratio: 0.93

Sales & Book Value

• Annual Sales: $137.33 million
• Price / Sales: 2.01
• Cash Flow: $1.49 per share
• Price / Cash Flow: 4.42
• Book Value: $13.42 per share
• Price / Book: 0.49

Miscellaneous

• Outstanding Shares: 41,910,000
• Free Float: 41,487,000
• Market Cap: $276.61 million
• Optionable: Optionable
• Beta: 0.70