Free Trial
NYSE:TPVG

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

$6.67
+0.02 (+0.30%)
(As of 10/23/2024 ET)

About TriplePoint Venture Growth BDC Stock (NYSE:TPVG)

Key Stats

Today's Range
$6.63
$6.69
50-Day Range
$6.64
$7.63
52-Week Range
$6.60
$11.58
Volume
243,179 shs
Average Volume
362,463 shs
Market Capitalization
$252.43 million
P/E Ratio
N/A
Dividend Yield
17.99%
Price Target
$8.25
Consensus Rating
Reduce

Company Overview

TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.

TriplePoint Venture Growth BDC Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
27th Percentile Overall Score

TPVG MarketRank™: 

TriplePoint Venture Growth BDC scored higher than 27% of companies evaluated by MarketBeat, and ranked 775th out of 896 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    TriplePoint Venture Growth BDC has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 4 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    TriplePoint Venture Growth BDC has only been the subject of 3 research reports in the past 90 days.

  • Read more about TriplePoint Venture Growth BDC's stock forecast and price target.
  • Earnings Growth

    Earnings for TriplePoint Venture Growth BDC are expected to decrease by -7.14% in the coming year, from $1.40 to $1.30 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of TriplePoint Venture Growth BDC is -22.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of TriplePoint Venture Growth BDC is -22.23, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    TriplePoint Venture Growth BDC has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about TriplePoint Venture Growth BDC's valuation and earnings.
  • Percentage of Shares Shorted

    5.54% of the float of TriplePoint Venture Growth BDC has been sold short.
  • Short Interest Ratio / Days to Cover

    TriplePoint Venture Growth BDC has a short interest ratio ("days to cover") of 4.9.
  • Change versus previous month

    Short interest in TriplePoint Venture Growth BDC has recently decreased by 16.15%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    TriplePoint Venture Growth BDC is a leading dividend payer. It pays a dividend yield of 17.52%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    TriplePoint Venture Growth BDC does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on EPS estimates, TriplePoint Venture Growth BDC will have a dividend payout ratio of 92.31% in the coming year. This indicates that TriplePoint Venture Growth BDC may not be able to sustain their current dividend.

  • Read more about TriplePoint Venture Growth BDC's dividend.
  • Percentage of Shares Shorted

    5.54% of the float of TriplePoint Venture Growth BDC has been sold short.
  • Short Interest Ratio / Days to Cover

    TriplePoint Venture Growth BDC has a short interest ratio ("days to cover") of 4.9.
  • Change versus previous month

    Short interest in TriplePoint Venture Growth BDC has recently decreased by 16.15%, indicating that investor sentiment is improving significantly.
  • Search Interest

    Only 7 people have searched for TPVG on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added TriplePoint Venture Growth BDC to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, TriplePoint Venture Growth BDC insiders have bought more of their company's stock than they have sold. Specifically, they have bought $79,312.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 0.01% of the stock of TriplePoint Venture Growth BDC is held by insiders.

  • Percentage Held by Institutions

    Only 12.77% of the stock of TriplePoint Venture Growth BDC is held by institutions.

  • Read more about TriplePoint Venture Growth BDC's insider trading history.
Receive TPVG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for TriplePoint Venture Growth BDC and its competitors with MarketBeat's FREE daily newsletter.

TPVG Stock News Headlines

Watch this before it gets removed
If you missed it, my emergency election broadcast is now available - but will be removed soon
See More Headlines

TPVG Stock Analysis - Frequently Asked Questions

TriplePoint Venture Growth BDC's stock was trading at $10.86 on January 1st, 2024. Since then, TPVG stock has decreased by 38.6% and is now trading at $6.67.
View the best growth stocks for 2024 here
.

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) issued its quarterly earnings data on Wednesday, August, 7th. The investment management company reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by $0.10. The investment management company had revenue of $27.11 million for the quarter, compared to analyst estimates of $28.77 million. TriplePoint Venture Growth BDC had a negative net margin of 8.03% and a positive trailing twelve-month return on equity of 18.24%.

Top institutional shareholders of TriplePoint Venture Growth BDC include International Assets Investment Management LLC (0.27%). Insiders that own company stock include Sajal Srivastava, Christopher M Mathieu, Cynthia M Fornelli, Stephen Cassani and Katherine J Park.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that TriplePoint Venture Growth BDC investors own include Medtronic (MDT), Prospect Capital (PSEC), Rithm Capital (RITM), Energy Transfer (ET), AGNC Investment (AGNC), Ares Capital (ARCC) and Chembio Diagnostics (CEMI).

Company Calendar

Last Earnings
8/07/2024
Ex-Dividend for 9/30 Dividend
9/16/2024
Dividend Payable
9/30/2024
Today
10/23/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investors, not elsewhere classified
Sub-Industry
Financial Services
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.25
High Stock Price Target
$8.75
Low Stock Price Target
$8.00
Potential Upside/Downside
+23.7%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
6 Analysts

Profitability

Net Income
$-39,820,000.00
Pretax Margin
51.58%

Debt

Sales & Book Value

Annual Sales
$137.49 million
Cash Flow
$1.99 per share
Book Value
$9.60 per share

Miscellaneous

Free Float
39,949,000
Market Cap
$266.47 million
Optionable
Optionable
Beta
1.79
20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

This page (NYSE:TPVG) was last updated on 10/24/2024 by MarketBeat.com Staff
From Our Partners