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NYSE:TPVG

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

$8.79
-0.01 (-0.11%)
(As of 10:05 AM ET)
Today's Range
$8.66
$8.87
50-Day Range
$7.98
$9.54
52-Week Range
$7.91
$12.70
Volume
124,134 shs
Average Volume
338,253 shs
Market Capitalization
$332.70 million
P/E Ratio
N/A
Dividend Yield
18.20%
Price Target
$9.55

TriplePoint Venture Growth BDC MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.60 Rating Score
Upside/​Downside
8.5% Upside
$9.55 Price Target
Short Interest
Bearish
8.15% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-1.90%
From $1.58 to $1.55 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.05 out of 5 stars

Finance Sector

880th out of 881 stocks

Investors, Not Elsewhere Classified Industry

15th out of 15 stocks

TPVG stock logo

About TriplePoint Venture Growth BDC Stock (NYSE:TPVG)

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 Stock Price History

TPVG Stock News Headlines

3 Business Development Companies Yielding Over 5%
Home To The World’s Largest High-Grade Uranium Deposits
Nuclear is one of the safest forms of energy around. In its entire history, nuclear is responsible for fewer deaths than oil and gas pollution cause every year. And investors are eyeing uranium exploration companies as one of the surest plays on the current nuclear renaissance.
Implied Volatility Surging for TriplePoint Venture Stock Options
Home To The World’s Largest High-Grade Uranium Deposits
Nuclear is one of the safest forms of energy around. In its entire history, nuclear is responsible for fewer deaths than oil and gas pollution cause every year. And investors are eyeing uranium exploration companies as one of the surest plays on the current nuclear renaissance.
TriplePoint Venture Growth BDC Corp. (TPVG)
TriplePoint Venture Growth: 17% Yield Now A Red Flag
BDC Weekly Review: Q4 Results Wrap-Up
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Today
7/17/2024
Next Earnings (Estimated)
8/07/2024
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
$9.55
High Stock Price Target
$11.50
Low Stock Price Target
$8.50
Potential Upside/Downside
+8.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.60
Research Coverage
5 Analysts

Profitability

Net Income
$-39,820,000.00
Pretax Margin
53.14%

Debt

Sales & Book Value

Annual Sales
$-25,653,000.00
Cash Flow
$2.18 per share
Book Value
$9.60 per share

Miscellaneous

Free Float
37,842,000
Market Cap
$333.04 million
Optionable
Optionable
Beta
1.78
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TPVG Stock Analysis - Frequently Asked Questions

How have TPVG shares performed this year?

TriplePoint Venture Growth BDC's stock was trading at $10.86 on January 1st, 2024. Since then, TPVG shares have decreased by 19.0% and is now trading at $8.80.
View the best growth stocks for 2024 here
.

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

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) announced its quarterly earnings data on Wednesday, May, 1st. The investment management company reported $0.41 EPS for the quarter, missing analysts' consensus estimates of $0.44 by $0.03. The investment management company earned $29.27 million during the quarter, compared to analyst estimates of $31.25 million. TriplePoint Venture Growth BDC had a positive trailing twelve-month return on equity of 19.64% and a negative net margin of 29.68%.

Who are TriplePoint Venture Growth BDC's major shareholders?

Top institutional investors of TriplePoint Venture Growth BDC include U.S. Capital Wealth Advisors LLC (0.05%) and Diversify Advisory Services LLC (0.03%). Insiders that own company stock include Christopher M Mathieu, Cynthia M Fornelli, Stephen Cassani and Katherine J Park.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and BlackRock Capital Investment (BKCC).

This page (NYSE:TPVG) was last updated on 7/18/2024 by MarketBeat.com Staff

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