NASDAQ:RWAY Runway Growth Finance (RWAY) Stock Forecast, Price & News $11.82 +0.34 (+2.96%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range$11.45▼$11.9050-Day Range$10.60▼$12.2052-Week Range$10.47▼$14.78Volume181,520 shsAverage Volume128,937 shsMarket Capitalization$478.83 millionP/E Ratio11.48Dividend Yield13.54%Price Target$13.29 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Runway Growth Finance MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside12.5% Upside$13.29 Price TargetShort InterestHealthy0.80% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$295,938 Sold Last QuarterProj. Earnings Growth-2.20%From $1.82 to $1.78 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.12 out of 5 starsFinance Sector971st out of 1,784 stocksNondepository Credit Institutions Industry27th out of 84 stocks 2.3 Analyst's Opinion Consensus RatingRunway Growth Finance has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.29, Runway Growth Finance has a forecasted upside of 12.5% from its current price of $11.82.Amount of Analyst CoverageRunway Growth Finance has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.80% of the float of Runway Growth Finance has been sold short.Short Interest Ratio / Days to CoverRunway Growth Finance has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Runway Growth Finance has recently increased by 12.27%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipRunway Growth Finance is a leading dividend payer. It pays a dividend yield of 13.94%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthRunway Growth Finance does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Runway Growth Finance is 155.34%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Runway Growth Finance will have a dividend payout ratio of 89.89% in the coming year. This indicates that Runway Growth Finance may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RWAY. Previous Next 0.6 News and Social Media Coverage Search Interest8 people have searched for RWAY on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Runway Growth Finance insiders have sold 74.37% more of their company's stock than they have bought. Specifically, they have bought $169,719.00 in company stock and sold $295,938.00 in company stock.Percentage Held by InsidersOnly 0.63% of the stock of Runway Growth Finance is held by insiders.Percentage Held by Institutions61.46% of the stock of Runway Growth Finance is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Runway Growth Finance are expected to decrease by -2.20% in the coming year, from $1.82 to $1.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Runway Growth Finance is 11.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.63.Price to Earnings Ratio vs. SectorThe P/E ratio of Runway Growth Finance is 11.48, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 157.14.Price to Book Value per Share RatioRunway Growth Finance has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Runway Growth Finance (NASDAQ:RWAY) StockRunway 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.Read More Receive RWAY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Runway Growth Finance and its competitors with MarketBeat's FREE daily newsletter. Email Address RWAY Stock News HeadlinesMay 21, 2023 | americanbankingnews.comCompass Point Cuts Runway Growth Finance (NASDAQ:RWAY) Price Target to $13.75May 18, 2023 | msn.comCompass Point Maintains Runway Growth Finance (RWAY) Buy RecommendationJune 2, 2023 | Edge On The Street (Ad)How to Invest in AI's Fast-Growing MarketThe AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.May 15, 2023 | americanbankingnews.comRunway Growth Finance Corp. (NASDAQ:RWAY) Insider Acquires $26,850.00 in StockMay 14, 2023 | americanbankingnews.comContrasting BTCS (OTCMKTS:BTCS) and Runway Growth Finance (NASDAQ:RWAY)May 11, 2023 | americanbankingnews.comB. Riley Weighs in on Runway Growth Finance Corp.'s Q2 2023 Earnings (NASDAQ:RWAY)May 10, 2023 | finance.yahoo.comQ1 2023 Runway Growth Finance Corp Earnings CallMay 9, 2023 | finance.yahoo.comRunway Growth Finance Corp. (RWAY) Q1 Earnings Meet EstimatesJune 2, 2023 | Edge On The Street (Ad)Is Graphite the New Lithium?Did you know that graphite (NOT lithium) is the largest component of lithium batteries used for EV's? Unfortunately, there are no graphite-producing mines in North America today. This leaves the U.S. at the mercy of China for our vital graphite supply.May 9, 2023 | finance.yahoo.comRunway Growth Finance Corp. Reports First Quarter 2023 Financial ResultsMay 5, 2023 | msn.comRunway Growth Finance (RWAY) Declares $0.40 DividendMay 3, 2023 | finance.yahoo.comRunway Growth Finance Corp. Announces Second Quarter Dividend of $0.40 with $0.05 Supplemental DistributionMay 2, 2023 | americanbankingnews.comRunway Growth Finance (RWAY) Scheduled to Post Quarterly Earnings on TuesdayApril 29, 2023 | americanbankingnews.comResearch Analysts Set Expectations for Runway Growth Finance Corp.'s Q1 2023 Earnings (NASDAQ:RWAY)April 28, 2023 | finance.yahoo.comWhy Runway Growth Finance Corp. (RWAY) is Poised to Beat Earnings Estimates AgainApril 26, 2023 | americanbankingnews.comRunway Growth Finance (NASDAQ:RWAY) Receives New Coverage from Analysts at Janney Montgomery ScottApril 25, 2023 | msn.comJanney Montgomery Scott Initiates Coverage of Runway Growth Finance (RWAY) with Neutral RecommendationApril 20, 2023 | americanbankingnews.comWells Fargo & Company Downgrades Runway Growth Finance (NASDAQ:RWAY) to Equal WeightApril 19, 2023 | msn.comWells Fargo Downgrades Runway Growth Finance (RWAY)April 18, 2023 | finance.yahoo.comRunway Growth Announces Expansion of Revolving Credit FacilityApril 17, 2023 | finance.yahoo.comRunway Growth Finance Corp. Announces Date for First Quarter 2023 Financial Results and Conference CallApril 13, 2023 | americanbankingnews.comReviewing 10X Capital Venture Acquisition Corp. II (NASDAQ:VCXA) and Runway Growth Finance (NASDAQ:RWAY)April 2, 2023 | americanbankingnews.comInsider Selling: Runway Growth Finance Corp. (NASDAQ:RWAY) Director Sells $295,938.24 in StockMarch 14, 2023 | finance.yahoo.comDown -13.66% in 4 Weeks, Here's Why You Should You Buy the Dip in Runway Growth Finance Corp. (RWAY)March 13, 2023 | baystreet.caRunway Growth Plummets on Issuing Business UpdateMarch 13, 2023 | finance.yahoo.comRunway Growth Finance Corp. Provides Business UpdateMarch 8, 2023 | finance.yahoo.comBest Momentum Stock to Buy for March 8thSee More Headlines RWAY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RWAY Company Calendar Ex-Dividend for 3/21 Dividend3/06/2023Dividend Payable3/21/2023Ex-Dividend for 5/31 Dividend5/12/2023Dividend Payable5/31/2023Today6/02/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Nondepository credit institutions Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:RWAY CUSIPN/A CIK1653384 Webinvestors.runwaygrowth.com Phone312-281-6270FaxN/AEmployees2,020Year FoundedN/APrice Target and Rating Average Stock Price Forecast$13.29 High Stock Price Forecast$14.50 Low Stock Price Forecast$12.00 Forecasted Upside/Downside+12.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.03 Trailing P/E Ratio11.48 Forward P/E Ratio6.49 P/E GrowthN/ANet Income$32.25 million Net Margins32.18% Pretax Margin32.18% Return on Equity11.41% Return on Assets6.47% Debt Debt-to-Equity Ratio1.02 Current Ratio0.63 Quick Ratio0.63 Sales & Book Value Annual Sales$108.55 million Price / Sales4.41 Cash Flow$1.38 per share Price / Cash Flow8.56 Book Value$14.07 per share Price / Book0.84Miscellaneous Outstanding Shares40,510,000Free Float40,254,000Market Cap$478.83 million OptionableNot Optionable Beta0.74 Key ExecutivesMr. David R. Spreng (Age 60)Founder, Chairman, Pres, Chief Investment Officer & CEO Mr. Thomas B. RatermanCFO, COO, Sec. & TreasurerMs. Colleen CorwellChief Compliance OfficerMr. Jeff GoldrichManaging Director of TechnologyMr. Ted CavanManaging Director of TechnologyKey CompetitorsCrescent Capital BDCNASDAQ:CCAPLexinFintechNASDAQ:LXGreystone Housing Impact InvestorsNYSE:GHIloanDepotNYSE:LDIVelocity FinancialNYSE:VELView All CompetitorsInsiders & InstitutionsPutnam Investments LLCBought 91,557 shares on 5/22/2023Ownership: 0.272%JPMorgan Chase & Co.Bought 1,044,543 shares on 5/18/2023Ownership: 2.578%B. Riley Wealth Advisors Inc.Bought 6,345 shares on 5/17/2023Ownership: 0.053%Ares Management LLCSold 189,700 shares on 5/16/2023Ownership: 0.894%Jane Street Group LLCBought 9,067 shares on 5/16/2023Ownership: 0.070%View All Insider TransactionsView All Institutional Transactions RWAY Stock - Frequently Asked Questions Should I buy or sell Runway Growth Finance stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Runway Growth Finance in the last year. There are currently 2 hold ratings and 2 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? 4 analysts have issued 12 month price targets for Runway Growth Finance's stock. Their RWAY share price forecasts range from $12.00 to $14.50. On average, they expect the company's share price to reach $13.29 in the next year. This suggests a possible upside of 12.5% 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 2023? Runway Growth Finance's stock was trading at $11.59 on January 1st, 2023. Since then, RWAY stock has increased by 2.0% and is now trading at $11.82. View the best growth stocks for 2023 here. When is Runway Growth Finance's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our RWAY earnings forecast. 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 Tuesday, May 2nd. Investors of record on Monday, May 15th will be paid a dividend of $0.45 per share on Wednesday, May 31st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 15.23%. The ex-dividend date is Friday, May 12th. This is an increase from the stock's previous quarterly dividend of $0.36. Read our dividend analysis for RWAY. What ETFs hold Runway Growth Finance's stock? ETFs with the largest weight of Runway Growth Finance (NASDAQ:RWAY) stock in their portfolio include Putnam BDC Income ETF (PBDC).Virtus Private Credit Strategy ETF (VPC). Is Runway Growth Finance a good dividend stock? 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. 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 a number of retail and institutional 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. 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 $11.82. How much money does Runway Growth Finance make? 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. 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 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Runway Growth Finance Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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