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NASDAQ:RWAY

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

$12.01
+0.08 (+0.67%)
(As of 07/26/2024 ET)
Today's Range
$11.91
$12.01
50-Day Range
$11.54
$12.14
52-Week Range
$11.35
$13.74
Volume
119,493 shs
Average Volume
344,719 shs
Market Capitalization
$462.99 million
P/E Ratio
10.92
Dividend Yield
13.32%
Price Target
$12.54

Runway Growth Finance MarketRank™ Stock Analysis

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
4.4% Upside
$12.54 Price Target
Short Interest
Healthy
2.38% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.47mentions of Runway Growth Finance in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$4.76 M Sold Last Quarter
Proj. Earnings Growth
-2.78%
From $1.80 to $1.75 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.36 out of 5 stars

Finance Sector

593rd out of 898 stocks

Nondepository Credit Institutions Industry

35th out of 53 stocks

RWAY stock logo

About Runway Growth Finance Stock (NASDAQ:RWAY)

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. It prefers to investments in companies engaged in electronic equipment and instruments, systems software, hardware, storage and peripherals and specialized consumer services, application software, healthcare technology, internet software and services, data processing and outsourced services, internet retail, human resources and employment services, biotechnology, healthcare equipment and education services. It invests in senior secured loans between $10 million and $75 million.

RWAY Stock Price History

RWAY Stock News Headlines

Rare signal predicts 50% market drop - before election
The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.
Rare signal predicts 50% market drop - before election
The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.
Q1 2024 Runway Growth Finance Corp Earnings Call
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Ex-Dividend for 5/24 Dividend
5/09/2024
Dividend Payable
5/24/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:RWAY
Fax
N/A
Employees
2,020
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.54
High Stock Price Target
$13.50
Low Stock Price Target
$12.00
Potential Upside/Downside
+4.4%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
8 Analysts

Profitability

Net Income
$44.34 million
Pretax Margin
26.93%

Debt

Sales & Book Value

Annual Sales
$164.21 million
Cash Flow
$1.81 per share
Book Value
$13.51 per share

Miscellaneous

Free Float
37,984,000
Market Cap
$462.99 million
Optionable
Optionable
Beta
0.60
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RWAY Stock Analysis - Frequently Asked Questions

How have RWAY shares performed this year?

Runway Growth Finance's stock was trading at $12.62 at the start of the year. Since then, RWAY stock has decreased by 4.8% and is now trading at $12.01.
View the best growth stocks for 2024 here
.

How were Runway Growth Finance's earnings last quarter?

Runway Growth Finance Corp. (NASDAQ:RWAY) announced its quarterly earnings data on Tuesday, May, 7th. The company reported $0.46 EPS for the quarter, hitting analysts' consensus estimates of $0.46. The company had revenue of $40.01 million for the quarter, compared to analysts' expectations of $39.35 million. Runway Growth Finance had a net margin of 26.93% and a trailing twelve-month return on equity of 14.17%.

When did Runway Growth Finance IPO?

Runway Growth Finance (RWAY) raised $104 million in an initial public offering (IPO) on Thursday, October 21st 2021. The company issued 6,900,000 shares at a price of $14.60-$15.60 per share. J.P. Morgan, Morgan Stanley, Wells Fargo Securities and UBS Investment Bank acted as the underwriters for the IPO and Oppenheimer & Co., B. Riley Securities, Compass Point and Hovde Group, LLC were co-managers.

Who are Runway Growth Finance's major shareholders?

Top institutional shareholders of Runway Growth Finance include Hennion & Walsh Asset Management Inc. (0.68%) and HTLF Bank (0.10%). Insiders that own company stock include Multi-Strategy Mast Brookfield, Ocm Growth Holdings Llc, Thomas B Raterman, R David Spreng and John F Engel.
View institutional ownership trends
.

How do I buy shares of Runway Growth Finance?

Shares of RWAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RWAY) was last updated on 7/26/2024 by MarketBeat.com Staff

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