TriplePoint Venture Growth BDC (TPVG) Expected to Announce Earnings on Wednesday

TriplePoint Venture Growth BDC (NYSE:TPVG - Get Free Report) will likely be releasing its Q1 2025 earnings data after the market closes on Wednesday, May 7th. Analysts expect TriplePoint Venture Growth BDC to post earnings of $0.30 per share and revenue of $24.90 million for the quarter.

TriplePoint Venture Growth BDC (NYSE:TPVG - Get Free Report) last released its quarterly earnings data on Wednesday, March 5th. The investment management company reported $0.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by ($0.03). TriplePoint Venture Growth BDC had a net margin of 9.01% and a return on equity of 16.86%. The company had revenue of $25.75 million for the quarter, compared to the consensus estimate of $26.68 million. On average, analysts expect TriplePoint Venture Growth BDC to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

TriplePoint Venture Growth BDC Stock Performance

NYSE TPVG traded down $0.11 during trading hours on Monday, hitting $5.97. The company had a trading volume of 205,608 shares, compared to its average volume of 308,956. The firm has a 50 day simple moving average of $6.74 and a 200 day simple moving average of $7.32. TriplePoint Venture Growth BDC has a 52 week low of $5.53 and a 52 week high of $9.70. The firm has a market capitalization of $239.62 million, a price-to-earnings ratio of 28.43 and a beta of 1.65.

TriplePoint Venture Growth BDC Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were paid a dividend of $0.30 per share. The ex-dividend date was Monday, March 17th. This represents a $1.20 annualized dividend and a yield of 20.10%. TriplePoint Venture Growth BDC's dividend payout ratio is currently 146.34%.

Wall Street Analyst Weigh In

TPVG has been the subject of a number of recent analyst reports. UBS Group reduced their price target on shares of TriplePoint Venture Growth BDC from $7.50 to $6.00 and set a "neutral" rating for the company in a research report on Thursday, April 17th. Piper Sandler decreased their target price on TriplePoint Venture Growth BDC from $8.00 to $7.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th. Compass Point lowered their price target on TriplePoint Venture Growth BDC from $8.00 to $7.25 and set a "neutral" rating on the stock in a report on Tuesday, March 18th. Keefe, Bruyette & Woods cut their price objective on TriplePoint Venture Growth BDC from $7.50 to $7.00 and set a "market perform" rating for the company in a report on Tuesday, April 8th. Finally, Wells Fargo & Company lowered their target price on shares of TriplePoint Venture Growth BDC from $6.50 to $5.50 and set an "underweight" rating on the stock in a research note on Monday, April 28th. One investment analyst has rated the stock with a sell rating and six have given a hold rating to the company. Based on data from MarketBeat.com, TriplePoint Venture Growth BDC has a consensus rating of "Hold" and a consensus price target of $6.79.

TriplePoint Venture Growth BDC Company Profile

TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments.