NYSE:TPVG - Triplepoint Venture Growth BDC Stock Price, News, & Analysis

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$14.09 0.00 (0.00 %)
(As of 05/20/2019 04:00 PM ET)
Previous Close$14.09
Today's Range$14.05 - $14.19
52-Week Range$10.25 - $14.61
Volume98,000 shs
Average Volume178,359 shs
Market Capitalization$349.15 million
P/E Ratio8.24
Dividend Yield10.22%
Beta1.2
TriplePoint Venture Growth BDC Corp is a business development company specializing investments in growth stage. It also provides debt financing to venture growth space companies which includes growth capital 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 does not take board seat in the company.

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Industry, Sector and Symbol

Industry Investors, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone650-854-2090

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$64.65 million
Cash Flow$1.6158 per share
Book Value$13.61 per share

Profitability

Net Income$36.56 million

Miscellaneous

EmployeesN/A
Market Cap$349.15 million
Next Earnings Date8/7/2019 (Estimated)
OptionableOptionable

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

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."

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, May 1st. Stockholders of record on Friday, May 31st will be paid a dividend of $0.36 per share on Friday, June 14th. This represents a $1.44 annualized dividend and a dividend yield of 10.22%. The ex-dividend date of this dividend is Thursday, May 30th. View Triplepoint Venture Growth BDC's Dividend History.

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

Triplepoint Venture Growth BDC Corp (NYSE:TPVG) issued its earnings results on Wednesday, May, 1st. The investment management company reported $0.40 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.37 by $0.03. The investment management company earned $17.49 million during the quarter, compared to analyst estimates of $17.35 million. Triplepoint Venture Growth BDC had a net margin of 57.09% and a return on equity of 12.50%. View Triplepoint Venture Growth BDC's Earnings History.

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

Triplepoint Venture Growth BDC is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Triplepoint Venture Growth BDC.

What price target have analysts set for TPVG?

3 brokerages have issued 12 month target prices for Triplepoint Venture Growth BDC's stock. Their forecasts range from $14.00 to $14.50. On average, they expect Triplepoint Venture Growth BDC's stock price to reach $14.25 in the next year. This suggests a possible upside of 1.1% from the stock's current price. View Analyst Price Targets for Triplepoint Venture Growth BDC.

What is the consensus analysts' recommendation for Triplepoint Venture Growth BDC?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Triplepoint Venture Growth BDC in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Triplepoint Venture Growth BDC.

Has Triplepoint Venture Growth BDC been receiving favorable news coverage?

News articles about TPVG stock have trended somewhat negative on Monday, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Triplepoint Venture Growth BDC earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned media stories about the investment management company a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an effect on the stock's share price in the immediate future.

Who are some of Triplepoint Venture Growth BDC's key competitors?

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

Who are Triplepoint Venture Growth BDC's key executives?

Triplepoint Venture Growth BDC's management team includes the folowing people:
  • Mr. James P. Labe, Chairman & CEO (Age 62)
  • Mr. Sajal K. Srivastava, Pres, Chief Investment Officer, Sec. & Treasurer (Age 43)
  • Mr. Andrew J. Olson CFA, CPA, Chief Financial Officer (Age 36)
  • Mr. Alan Oshiki, Investor Relation - Abernathy MacGregor Group
  • Mr. Carl M. Rizzo J.D., Chief Compliance Officer (Age 67)

Who are Triplepoint Venture Growth BDC's major shareholders?

Triplepoint Venture Growth BDC's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Goldman Sachs Group Inc. (7.31%), Confluence Investment Management LLC (2.87%), Advisors Asset Management Inc. (1.38%), Wells Fargo & Company MN (1.19%), JPMorgan Chase & Co. (0.46%) and BlackRock Inc. (0.44%). Company insiders that own Triplepoint Venture Growth BDC stock include Andrew Olson, James Labe and Sajal Srivastava. View Institutional Ownership Trends for Triplepoint Venture Growth BDC.

Which institutional investors are selling Triplepoint Venture Growth BDC stock?

TPVG stock was sold by a variety of institutional investors in the last quarter, including Ares Management LLC, Oxford Asset Management LLP, Wells Fargo & Company MN, Shelton Capital Management, Marshall Wace LLP, Advisors Asset Management Inc., Confluence Investment Management LLC and Morgan Stanley. View Insider Buying and Selling for Triplepoint Venture Growth BDC.

Which institutional investors are buying Triplepoint Venture Growth BDC stock?

TPVG stock was bought by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, JPMorgan Chase & Co., Koshinski Asset Management Inc., Jane Street Group LLC, Goldman Sachs Group Inc., Commonwealth Equity Services LLC, BlackRock Inc. and Advisor Group Inc.. Company insiders that have bought Triplepoint Venture Growth BDC stock in the last two years include Andrew Olson, James Labe and Sajal Srivastava. View Insider Buying and Selling for Triplepoint Venture Growth BDC.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

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

One share of TPVG stock can currently be purchased for approximately $14.09.

How big of a company is Triplepoint Venture Growth BDC?

Triplepoint Venture Growth BDC has a market capitalization of $349.15 million and generates $64.65 million in revenue each year. The investment management company earns $36.56 million in net income (profit) each year or $1.71 on an earnings per share basis.

What is Triplepoint Venture Growth BDC's official website?

The official website for Triplepoint Venture Growth BDC is http://www.tpvg.com.

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]


MarketBeat Community Rating for Triplepoint Venture Growth BDC (NYSE TPVG)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  165 (Vote Outperform)
Underperform Votes:  199 (Vote Underperform)
Total Votes:  364
MarketBeat's community ratings are surveys of what our community members think about Triplepoint Venture Growth BDC and other stocks. Vote "Outperform" if you believe TPVG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TPVG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

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