TriplePoint Venture Growth BDC (TPVG) Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriplePoint Venture Growth BDC in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TPVG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TPVG, but not buy additional shares or sell existing shares.
View TPVG analyst ratings or view top-rated stocks.

6 brokerages have issued 1 year price targets for TriplePoint Venture Growth BDC's shares. Their TPVG share price forecasts range from $9.75 to $13.50. On average, they anticipate the company's stock price to reach $11.46 in the next year. This suggests a possible upside of 9.6% from the stock's current price.
View analysts price targets for TPVG or view top-rated stocks among Wall Street analysts.

TriplePoint Venture Growth BDC's stock was trading at $10.43 at the beginning of 2023. Since then, TPVG shares have increased by 0.3% and is now trading at $10.46.
View the best growth stocks for 2023 here.

TriplePoint Venture Growth BDC saw a increase in short interest in August. As of August 15th, there was short interest totaling 2,510,000 shares, an increase of 21.8% from the July 31st total of 2,060,000 shares. Based on an average daily volume of 235,200 shares, the days-to-cover ratio is presently 10.7 days. Currently, 7.2% of the company's stock are sold short.
View TriplePoint Venture Growth BDC's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our TPVG earnings forecast.

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) issued its earnings results on Wednesday, August, 2nd. The investment management company reported $0.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.52 by $0.01. The investment management company had revenue of $35.15 million for the quarter, compared to analysts' expectations of $37.86 million. TriplePoint Venture Growth BDC had a positive trailing twelve-month return on equity of 18.00% and a negative net margin of 18.39%.

TriplePoint Venture Growth BDC declared a quarterly dividend on Wednesday, July 26th. Investors of record on Friday, September 15th will be given a dividend of $0.40 per share on Friday, September 29th. This represents a $1.60 annualized dividend and a dividend yield of 15.30%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for TPVG.

ETFs with the largest weight of TriplePoint Venture Growth BDC (NYSE:TPVG) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD) and Virtus Private Credit Strategy ETF (VPC).VanEck BDC Income ETF (BIZD).

TriplePoint Venture Growth BDC (NYSE:TPVG) pays an annual dividend of $1.60 per share and currently has a dividend yield of 14.94%. TPVG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for TPVG.

Based on aggregate information from My MarketBeat watchlists, some companies that other TriplePoint Venture Growth BDC investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Two Harbors Investment (TWO), New Residential Investment (NRZ), Calumet Specialty Products Partners (CLMT), Energy Transfer (ET), BlackRock Capital Investment (BKCC), Washington Prime Group (WPG), Summit Midstream Partners (SMLP) and Alliance Resource Partners (ARLP).

TriplePoint Venture Growth BDC trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPVG."

TriplePoint Venture Growth BDC's stock is owned by many different institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (1.56%), BlackRock Inc. (0.49%), Wells Fargo & Company MN (0.40%), Golden Green Inc. (0.40%), Confluence Investment Management LLC (0.36%) and Portside Wealth Group LLC (0.30%). Insiders that own company stock include Christopher M Mathieu and Cynthia M Fornelli.
View institutional ownership trends.

Shares of TPVG 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.

One share of TPVG stock can currently be purchased for approximately $10.46.

TriplePoint Venture Growth BDC (NYSE:TPVG) has a market capitalization of $370.81 million and generates $119.42 million in revenue each year. The investment management company earns $-20,070,000.00 in net income (profit) each year or ($0.69) on an earnings per share basis.

TriplePoint Venture Growth BDC's mailing address is 2755 SAND HILL ROAD SUITE 150, MENLO PARK CA, 94025. The official website for the company is www.tpvg.com. The investment management company can be reached via phone at (650) 854-2090 or via email at aho@abmac.com.