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

Key Points

• TriplePoint Venture Growth BDC (TPVG) is set to release its Q2 2025 earnings report on August 6th, with analysts projecting earnings of $0.30 per share and revenue of $23.75 million.
• The company has a recent dividend payout of $0.30, leading to an annualized dividend yield of 16.93%, although its dividend payout ratio is over 129%.
• Despite recent fluctuations, multiple analysts have set a consensus target price of $6.96, with ratings indicating a mixed outlook on the stock with most maintaining a "Hold" rating.

TriplePoint Venture Growth BDC (NYSE:TPVG - Get Free Report) is projected to announce its Q2 2025 earnings results after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.30 per share and revenue of $23.75 million for the quarter.

TriplePoint Venture Growth BDC (NYSE:TPVG - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The investment management company reported $0.27 EPS for the quarter, missing analysts' consensus estimates of $0.30 by ($0.03). TriplePoint Venture Growth BDC had a net margin of 36.10% and a return on equity of 14.12%. The firm had revenue of $22.45 million for the quarter, compared to the consensus estimate of $24.90 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 midday trading on Friday, reaching $6.77. 187,088 shares of the stock traded hands, compared to its average volume of 264,914. The company has a fifty day moving average of $7.03 and a 200 day moving average of $7.04. TriplePoint Venture Growth BDC has a 12 month low of $5.53 and a 12 month high of $8.50. The stock has a market capitalization of $272.36 million, a P/E ratio of 7.28 and a beta of 1.46.

TriplePoint Venture Growth BDC Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 16th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 17.7%. The ex-dividend date was Monday, June 16th. TriplePoint Venture Growth BDC's dividend payout ratio is currently 129.03%.

Analyst Ratings Changes

Several research analysts have commented on TPVG shares. Wells Fargo & Company decreased their price objective on shares of TriplePoint Venture Growth BDC from $6.50 to $5.50 and set an "underweight" rating for the company in a report on Monday, April 28th. Keefe, Bruyette & Woods decreased their price objective on shares of 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. UBS Group restated a "neutral" rating and issued a $7.00 price objective (up from $6.50) on shares of TriplePoint Venture Growth BDC in a report on Wednesday, July 16th. Finally, Piper Sandler decreased their price objective on shares of TriplePoint Venture Growth BDC from $8.00 to $7.00 and set a "neutral" rating for the company in a report on Tuesday, April 8th. One research analyst has rated the stock with a sell rating and six have given a hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $6.96.

Institutional Trading of TriplePoint Venture Growth BDC

An institutional investor recently raised its position in TriplePoint Venture Growth BDC stock. Jane Street Group LLC increased its holdings in TriplePoint Venture Growth BDC Corp. (NYSE:TPVG - Free Report) by 28.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 67,693 shares of the investment management company's stock after buying an additional 14,865 shares during the quarter. Jane Street Group LLC owned 0.17% of TriplePoint Venture Growth BDC worth $472,000 at the end of the most recent reporting period. 12.77% of the stock is currently owned by institutional investors and hedge funds.

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.