S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:TPVG

TriplePoint Venture Growth BDC Stock Forecast, Price & News

$18.59
-0.07 (-0.38%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$18.28
$18.69
50-Day Range
$15.18
$19.05
52-Week Range
$12.35
$19.25
Volume
166,727 shs
Average Volume
168,301 shs
Market Capitalization
$575.99 million
P/E Ratio
8.53
Dividend Yield
7.72%
Beta
1.82
30 days | 90 days | 365 days | Advanced Chart
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TriplePoint Venture Growth BDC logo

About TriplePoint Venture Growth BDC

TriplePoint Venture Growth BDC Corp. (the “Company“) is an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. It was formed to expand the venture growth stage business segment of its sponsor, TriplePoint Capital LLC (“TriplePoint Capital“). The Company's investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation by primarily lending with warrants to venture growth stage companies focused in technology, life sciences and other high growth industries backed by a select group of leading venture capital investors.

Headlines

What Wall Street expects from TriplePoint Venture Growth BDC's earnings
November 9, 2021 |  markets.businessinsider.com
See More Headlines

Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$91.18 million
Cash Flow
$1.47 per share
Book Value
$13.92 per share

Profitability

Net Income
$35.31 million
Pretax Margin
47.17%

Debt

Price-To-Earnings

Miscellaneous

Free Float
30,575,000
Market Cap
$575.99 million
Optionable
Optionable

Company Calendar

Ex-Dividend
8/30/2021
Dividend Payable
9/15/2021
Last Earnings
11/02/2021
Today
11/28/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
3/02/2022

MarketRank

Overall MarketRank

2.20 out of 5 stars

Finance Sector

516th out of 1,340 stocks

Investors, Not Elsewhere Classified Industry

7th out of 28 stocks

Analyst Opinion: 1.3Community Rank: 4.1Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -












TriplePoint Venture Growth BDC (NYSE:TPVG) Frequently Asked Questions

Is TriplePoint Venture Growth BDC a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriplePoint Venture Growth BDC in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TriplePoint Venture Growth BDC stock.
View analyst ratings for TriplePoint Venture Growth BDC
or view top-rated stocks.

How has TriplePoint Venture Growth BDC's stock price been impacted by COVID-19?

TriplePoint Venture Growth BDC's stock was trading at $10.63 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TPVG stock has increased by 74.9% and is now trading at $18.59.
View which stocks have been most impacted by COVID-19
.

Are investors shorting TriplePoint Venture Growth BDC?

TriplePoint Venture Growth BDC saw a increase in short interest in October. As of October 29th, there was short interest totaling 805,100 shares, an increase of 66.7% from the October 14th total of 483,000 shares. Based on an average trading volume of 167,600 shares, the short-interest ratio is presently 4.8 days.
View TriplePoint Venture Growth BDC's Short Interest
.

When is TriplePoint Venture Growth BDC's next earnings date?

TriplePoint Venture Growth BDC is scheduled to release its next quarterly earnings announcement on Wednesday, March 2nd 2022.
View our earnings forecast for TriplePoint Venture Growth BDC
.

How were TriplePoint Venture Growth BDC's earnings last quarter?

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) released its earnings results on Tuesday, November, 2nd. The investment management company reported $0.32 EPS for the quarter, missing the Zacks' consensus estimate of $0.34 by $0.02. TriplePoint Venture Growth BDC had a net margin of 79.42% and a trailing twelve-month return on equity of 9.79%. During the same quarter in the prior year, the firm posted $0.40 earnings per share.
View TriplePoint Venture Growth BDC's earnings history
.

How often does TriplePoint Venture Growth BDC pay dividends? What is the dividend yield for TriplePoint Venture Growth BDC?

TriplePoint Venture Growth BDC announced a quarterly dividend on Friday, November 5th. Shareholders of record on Tuesday, November 30th will be given a dividend of $0.36 per share on Wednesday, December 15th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 7.75%. The ex-dividend date of this dividend is Monday, November 29th.
View TriplePoint Venture Growth BDC's dividend history
.

Is TriplePoint Venture Growth BDC a good dividend stock?

TriplePoint Venture Growth BDC pays an annual dividend of $1.44 per share and currently has a dividend yield of 7.72%. TPVG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of TriplePoint Venture Growth BDC is 66.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, TriplePoint Venture Growth BDC will have a dividend payout ratio of 97.30% in the coming year. This indicates that TriplePoint Venture Growth BDC may not be able to sustain their current dividend.
View TriplePoint Venture Growth BDC's dividend history.

What price target have analysts set for TPVG?

4 brokerages have issued 1 year price objectives for TriplePoint Venture Growth BDC's stock. Their forecasts range from $15.75 to $19.00. On average, they anticipate TriplePoint Venture Growth BDC's stock price to reach $17.25 in the next twelve months. This suggests that the stock has a possible downside of 7.2%.
View analysts' price targets for TriplePoint Venture Growth BDC
or view top-rated stocks among Wall Street analysts.

Who are TriplePoint Venture Growth BDC's key executives?

TriplePoint Venture Growth BDC's management team includes the following people:
  • Jim P. Labe, Chairman & Chief Executive Officer
  • Sajal K. Srivastava, President, Director & Chief Investment Officer
  • Carl M. Rizzo, Chief Compliance Officer

What other stocks do shareholders of TriplePoint Venture Growth BDC own?

What is TriplePoint Venture Growth BDC's stock symbol?

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

Who are TriplePoint Venture Growth BDC's major shareholders?

TriplePoint Venture Growth BDC's stock is owned by many different institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (1.42%), Sound Income Strategies LLC (1.16%), BlackRock Inc. (0.73%), Alliancebernstein L.P. (0.67%), Neuberger Berman Group LLC (0.66%) and Morgan Stanley (0.64%). Company insiders that own TriplePoint Venture Growth BDC stock include Christopher M Mathieu, Cynthia M Fornelli and Stephen Cassani.
View institutional ownership trends for TriplePoint Venture Growth BDC
.

Which major investors are selling TriplePoint Venture Growth BDC stock?

TPVG stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Advisers LP, Advisor Group Holdings Inc., Van ECK Associates Corp, Citadel Advisors LLC, Guggenheim Capital LLC, PEAK6 Investments LLC, Alliancebernstein L.P., and Sargent Investment Group LLC.
View insider buying and selling activity for TriplePoint Venture Growth BDC
or view top insider-selling stocks.

Which major investors are buying TriplePoint Venture Growth BDC stock?

TPVG stock was acquired by a variety of institutional investors in the last quarter, including Moors & Cabot Inc., HighTower Advisors LLC, Claybrook Capital LLC, B. Riley Wealth Management Inc., BlackRock Inc., Neuberger Berman Group LLC, Ares Management LLC, and Hennion & Walsh Asset Management Inc.. Company insiders that have bought TriplePoint Venture Growth BDC stock in the last two years include Christopher M Mathieu, Cynthia M Fornelli, and Stephen Cassani.
View insider buying and selling activity for TriplePoint Venture Growth BDC
or or view top insider-buying stocks.

How do I buy shares of TriplePoint Venture Growth BDC?

Shares of TPVG 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 TriplePoint Venture Growth BDC's stock price today?

One share of TPVG stock can currently be purchased for approximately $18.59.

How much money does TriplePoint Venture Growth BDC make?

TriplePoint Venture Growth BDC has a market capitalization of $575.99 million and generates $91.18 million in revenue each year. The investment management company earns $35.31 million in net income (profit) each year or $2.18 on an earnings per share basis.

What is TriplePoint Venture Growth BDC's official website?

The official website for TriplePoint Venture Growth BDC is www.tpvg.com.

Where are TriplePoint Venture Growth BDC's headquarters?

TriplePoint Venture Growth BDC is headquartered at 2755 SAND HILL ROAD SUITE 150, MENLO PARK CA, 94025.

How can I contact TriplePoint Venture Growth BDC?

TriplePoint Venture Growth BDC's mailing address is 2755 SAND HILL ROAD SUITE 150, MENLO PARK CA, 94025. The investment management company can be reached via phone at (650) 854-2090 or via email at [email protected].


This page was last updated on 11/28/2021 by MarketBeat.com Staff

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