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S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
This Stock Could Go Up 66% or More. (Ad)
Stock market today: Wall Street higher, but likely not enough to this turn losing week into a winner
Analysts Recommend These Mining Stocks Before Metal Prices Rally
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
This Stock Could Go Up 66% or More. (Ad)
Stock market today: Wall Street higher, but likely not enough to this turn losing week into a winner
Analysts Recommend These Mining Stocks Before Metal Prices Rally
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
This Stock Could Go Up 66% or More. (Ad)
Stock market today: Wall Street higher, but likely not enough to this turn losing week into a winner
Analysts Recommend These Mining Stocks Before Metal Prices Rally
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
NYSE:TPVG

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

$10.46
-0.25 (-2.33%)
(As of 09/21/2023 ET)
Compare
Today's Range
$10.45
$10.65
50-Day Range
$10.46
$12.62
52-Week Range
$9.41
$13.47
Volume
219,475 shs
Average Volume
205,022 shs
Market Capitalization
$370.81 million
P/E Ratio
N/A
Dividend Yield
15.30%
Price Target
$11.46

TriplePoint Venture Growth BDC MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
9.6% Upside
$11.46 Price Target
Short Interest
Bearish
7.35% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.30mentions of TriplePoint Venture Growth BDC in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-6.34%
From $2.05 to $1.92 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.05 out of 5 stars

Finance Sector

828th out of 836 stocks

Investors, Not Elsewhere Classified Industry

15th out of 15 stocks


TPVG stock logo

About TriplePoint Venture Growth BDC (NYSE:TPVG) Stock

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.

TPVG Price History

TPVG Stock News Headlines

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TPVG - TriplePoint Venture Growth BDC Corp.
See More Headlines
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TPVG Company Calendar

Ex-Dividend for 6/30 Dividend
6/14/2023
Dividend Payable
6/30/2023
Last Earnings
8/02/2023
Ex-Dividend for 9/29 Dividend
9/14/2023
Today
9/22/2023
Dividend Payable
9/29/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
12/31/2023

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

Price Target and Rating

Average Stock Price Forecast
$11.46
High Stock Price Forecast
$13.50
Low Stock Price Forecast
$9.75
Forecasted Upside/Downside
+9.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$-20,070,000.00
Pretax Margin
56.04%

Debt

Sales & Book Value

Annual Sales
$119.42 million
Cash Flow
$1.53 per share
Book Value
$11.90 per share

Miscellaneous

Free Float
35,443,000
Market Cap
$370.81 million
Optionable
Optionable
Beta
1.77
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Key Executives

  • Mr. James Peter Labe (Age 66)
    Co-Founder, Chairman & CEO
  • Mr. Sajal K. Srivastava (Age 47)
    Co-Founder, Pres, Chief Investment Officer, Sec., Treasurer & Director
  • Mr. Christopher M. Mathieu CPA (Age 58)
    Chief Financial Officer
  • Mr. Alan Oshiki
    Investor Relation - Abernathy MacGregor Group
  • Mr. Steven Mitchell Levinson (Age 56)
    Chief Compliance Officer













TPVG Stock - Frequently Asked Questions

Should I buy or sell TriplePoint Venture Growth BDC stock right now?

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.

What is TriplePoint Venture Growth BDC's stock price forecast for 2023?

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.

How have TPVG shares performed in 2023?

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
.

Are investors shorting TriplePoint Venture Growth BDC?

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
.

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

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

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

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%.

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

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
.

What ETFs hold TriplePoint Venture Growth BDC's stock?

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).

Is TriplePoint Venture Growth BDC a good dividend stock?

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.

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 (1.56%), 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
.

How do I buy shares of TriplePoint Venture Growth BDC?

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.

What is TriplePoint Venture Growth BDC's stock price today?

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

How much money does TriplePoint Venture Growth BDC make?

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.

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 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.

This page (NYSE:TPVG) was last updated on 9/22/2023 by MarketBeat.com Staff

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