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

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

0 brokerages have issued 1 year target prices for Runway Growth Finance's shares. Their RWAY share price forecasts range from $10,000,000.00 to $0.00. On average, they anticipate the company's stock price to reach $0.00 in the next year. This suggests that the stock has a possible downside of 100.0%.
View analysts price targets for RWAY or view top-rated stocks among Wall Street analysts.

Runway Growth Finance's stock was trading at $11.59 at the beginning of the year. Since then, RWAY shares have increased by 2.0% and is now trading at $11.82.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our RWAY earnings forecast.

Runway Growth Finance declared a quarterly dividend on Tuesday, May 2nd. Investors of record on Monday, May 15th will be given a dividend of $0.45 per share on Wednesday, May 31st. This represents a $1.80 annualized dividend and a dividend yield of 15.23%. The ex-dividend date is Friday, May 12th. This is a boost from the stock's previous quarterly dividend of $0.36.
Read our dividend analysis for RWAY.

ETFs with the largest weight of Runway Growth Finance (NASDAQ:RWAY) stock in their portfolio include Putnam BDC Income ETF (PBDC).Virtus Private Credit ETF (VPC).

Runway Growth Finance (NASDAQ:RWAY) pays an annual dividend of $1.60 per share and currently has a dividend yield of 13.94%. RWAY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 155.34%. 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 89.89% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for RWAY.

(RWAY) raised $104 million in an initial public offering on Thursday, October 21st 2021. The company issued 6,900,000 shares at $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.

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

Runway Growth Finance's stock is owned by many different institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (2.58%), HighTower Advisors LLC (2.41%), US Bancorp DE (0.92%), Ares Management LLC (0.89%), Edge Capital Group LLC (0.42%) and Roumell Asset Management LLC (0.34%). Insiders that own company stock include John F Engel, Multi-Strategy Mast Brookfield, Ocm Growth Holdings Llc, R David Spreng and Thomas B Raterman.
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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.
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One share of RWAY stock can currently be purchased for approximately $11.82.

Runway Growth Finance (NASDAQ:RWAY) has a market capitalization of $478.83 million and generates $108.55 million in revenue each year. The company earns $32.25 million in net income (profit) each year or $1.03 on an earnings per share basis.

The company employs 2,020 workers across the globe.

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.