S&P 500   4,080.11
DOW   34,589.77
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An inflation gauge closely tracked by the Federal Reserve slowed to a still-high 6% in October
Will Easing Of Covid Rules Slash Risk For Chinese EV Maker NIO?
S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Santa Claus Rally? Here’s What Needs to Happen
25 Ways to Improve Your Financial Situation in 1 Hour
A $226B Copper Spending Jackpot (Ad)
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
Dark Clouds Are Gathering For Cloud Stocks 
Without Graphite, There Would Be ZERO EV Batteries! (Ad)
An inflation gauge closely tracked by the Federal Reserve slowed to a still-high 6% in October
Will Easing Of Covid Rules Slash Risk For Chinese EV Maker NIO?
S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Santa Claus Rally? Here’s What Needs to Happen
25 Ways to Improve Your Financial Situation in 1 Hour
A $226B Copper Spending Jackpot (Ad)
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
Dark Clouds Are Gathering For Cloud Stocks 
Without Graphite, There Would Be ZERO EV Batteries! (Ad)
An inflation gauge closely tracked by the Federal Reserve slowed to a still-high 6% in October
Will Easing Of Covid Rules Slash Risk For Chinese EV Maker NIO?
S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
5X Potential Growth By 2030? Is This Little-Known Market About To Explode? (Ad)
Santa Claus Rally? Here’s What Needs to Happen
25 Ways to Improve Your Financial Situation in 1 Hour
A $226B Copper Spending Jackpot (Ad)
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
Dark Clouds Are Gathering For Cloud Stocks 
Without Graphite, There Would Be ZERO EV Batteries! (Ad)
An inflation gauge closely tracked by the Federal Reserve slowed to a still-high 6% in October
Will Easing Of Covid Rules Slash Risk For Chinese EV Maker NIO?
NASDAQ:RWAY

Runway Growth Finance - RWAY Stock Forecast, Price & News

$12.02
+0.20 (+1.69%)
(As of 11/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$11.66
$12.02
50-Day Range
$11.24
$13.52
52-Week Range
$10.76
$14.92
Volume
65,644 shs
Average Volume
65,305 shs
Market Capitalization
$487.05 million
P/E Ratio
14.48
Dividend Yield
12.18%
Price Target
$14.38

Runway Growth Finance MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
19.6% Upside
$14.38 Price Target
Short Interest
Healthy
0.18% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.95mentions of Runway Growth Finance in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$111,377 Bought Last Quarter
Proj. Earnings Growth
16.43%
From $1.40 to $1.63 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.86 out of 5 stars

Finance Sector

129th out of 907 stocks

Nondepository Credit Institutions Industry

6th out of 34 stocks

RWAY stock logo

About Runway Growth Finance (NASDAQ:RWAY) Stock

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.

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RWAY Stock News Headlines

Runway Growth Finance Corp. (RWAY)
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RWAY Company Calendar

Last Earnings
11/03/2022
Ex-Dividend for 11/22 Dividend
11/07/2022
Dividend Payable
11/22/2022
Today
12/01/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
3/02/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$14.38
High Stock Price Forecast
$15.50
Low Stock Price Forecast
$13.50
Forecasted Upside/Downside
+19.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$45.62 million
Pretax Margin
37.01%

Debt

Sales & Book Value

Annual Sales
$71.36 million
Cash Flow
$0.91 per share
Book Value
$14.16 per share

Miscellaneous

Free Float
40,269,000
Market Cap
$487.05 million
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. David R. Spreng (Age 59)
    Founder, Chairman, Pres, Chief Investment Officer & CEO
  • Mr. Thomas B. RatermanMr. Thomas B. Raterman
    CFO, COO, Sec. & Treasurer
  • Ms. Colleen Corwell
    Chief Compliance Officer
  • Mr. Jeff Goldrich
    Managing Director of Technology
  • Mr. Ted Cavan
    Managing Director of Technology













RWAY Stock - Frequently Asked Questions

Should I buy or sell Runway Growth Finance stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Runway Growth Finance in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RWAY shares.
View RWAY analyst ratings
or view top-rated stocks.

What is Runway Growth Finance's stock price forecast for 2023?

3 Wall Street analysts have issued twelve-month price objectives for Runway Growth Finance's shares. Their RWAY share price forecasts range from $13.50 to $15.50. On average, they anticipate the company's share price to reach $14.38 in the next twelve months. This suggests a possible upside of 19.6% from the stock's current price.
View analysts price targets for RWAY
or view top-rated stocks among Wall Street analysts.

How have RWAY shares performed in 2022?

Runway Growth Finance's stock was trading at $12.82 at the beginning of 2022. Since then, RWAY shares have decreased by 6.2% and is now trading at $12.02.
View the best growth stocks for 2022 here
.

Are investors shorting Runway Growth Finance?

Runway Growth Finance saw a increase in short interest in November. As of November 15th, there was short interest totaling 68,500 shares, an increase of 125.3% from the October 31st total of 30,400 shares. Based on an average daily volume of 63,500 shares, the short-interest ratio is presently 1.1 days. Currently, 0.2% of the shares of the stock are short sold.
View Runway Growth Finance's Short Interest
.

When is Runway Growth Finance's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 2nd 2023.
View our RWAY earnings forecast
.

How were Runway Growth Finance's earnings last quarter?

Runway Growth Finance Corp. (NASDAQ:RWAY) released its quarterly earnings data on Thursday, November, 3rd. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.01. The firm had revenue of $27.33 million for the quarter, compared to analysts' expectations of $27.82 million. Runway Growth Finance had a net margin of 37.01% and a trailing twelve-month return on equity of 8.89%.

How often does Runway Growth Finance pay dividends? What is the dividend yield for Runway Growth Finance?

Runway Growth Finance declared a quarterly dividend on Thursday, October 27th. Shareholders of record on Tuesday, November 8th will be given a dividend of $0.36 per share on Tuesday, November 22nd. This represents a $1.44 annualized dividend and a yield of 11.98%. The ex-dividend date of this dividend is Monday, November 7th. This is a positive change from the stock's previous quarterly dividend of $0.33.
Read our dividend analysis for RWAY
.

Is Runway Growth Finance a good dividend stock?

Runway Growth Finance (NASDAQ:RWAY) pays an annual dividend of $1.44 per share and currently has a dividend yield of 12.18%. RWAY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 173.50%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, RWAY will have a dividend payout ratio of 88.34% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for RWAY.

When did Runway Growth Finance IPO?

(RWAY) raised $104 million in an initial public offering 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 served as the underwriters for the IPO and Oppenheimer & Co., B. Riley Securities, Compass Point and Hovde Group, LLC were co-managers.

What is Runway Growth Finance's stock symbol?

Runway Growth Finance trades on the NASDAQ under the ticker symbol "RWAY."

Who are Runway Growth Finance's major shareholders?

Runway Growth Finance's stock is owned by many different retail and institutional investors. Top institutional shareholders include US Bancorp DE (2.79%), Bulldog Investors LLP (0.72%), BlackRock Inc. (0.25%), Edge Capital Group LLC (0.21%), Laurion Capital Management LP (0.17%) and Hennion & Walsh Asset Management Inc. (0.16%). Insiders that own company stock include John F Engel, Ocm Growth Holdings Llc, R David Spreng and Thomas B Raterman.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Runway Growth Finance's stock price today?

One share of RWAY stock can currently be purchased for approximately $12.02.

How much money does Runway Growth Finance make?

Runway Growth Finance (NASDAQ:RWAY) has a market capitalization of $487.05 million and generates $71.36 million in revenue each year. The company earns $45.62 million in net income (profit) each year or $0.83 on an earnings per share basis.

How many employees does Runway Growth Finance have?

The company employs 2,020 workers across the globe.

How can I contact Runway Growth Finance?

The official website for the company is investors.runwaygrowth.com. The company can be reached via phone at 312-281-6270 or via email at investors@runwaygrowth.com.

This page (NASDAQ:RWAY) was last updated on 12/1/2022 by MarketBeat.com Staff