Triplepoint Venture Growth BDC Stock Price, Forecast & Analysis (NYSE:TPVG)

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

Triplepoint Venture Growth BDC announced a quarterly dividend on Wednesday, November 6th. Stockholders of record on Friday, November 29th will be given a dividend of $0.36 per share on Monday, December 16th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 9.72%. The ex-dividend date of this dividend is Wednesday, November 27th. View Triplepoint Venture Growth BDC's Dividend History.

Triplepoint Venture Growth BDC Corp (NYSE:TPVG) posted its earnings results on Wednesday, November, 6th. The investment management company reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by $0.13. The investment management company earned $15.69 million during the quarter, compared to analysts' expectations of $19.27 million. Triplepoint Venture Growth BDC had a return on equity of 11.00% and a net margin of 50.68%. View Triplepoint Venture Growth BDC's Earnings History.

Triplepoint Venture Growth BDC is scheduled to release their next quarterly earnings announcement on Wednesday, March 4th 2020. View Earnings Estimates for Triplepoint Venture Growth BDC.

3 brokers have issued 12 month price targets for Triplepoint Venture Growth BDC's stock. Their forecasts range from $14.50 to $16.00. On average, they anticipate Triplepoint Venture Growth BDC's share price to reach $15.50 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets 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 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Triplepoint Venture Growth BDC.

Media stories about TPVG stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Triplepoint Venture Growth BDC earned a media sentiment score of -3.4 on InfoTrie's scale. They also gave headlines about the investment management company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Triplepoint Venture Growth BDC.

Some companies that are related to Triplepoint Venture Growth BDC include TPG Specialty Lending (TSLX), New Mountain Finance (NMFC), Golub Capital BDC (GBDC), Gladstone Investment (GAIN), Pennantpark Floating Rate Capital (PFLT), PennantPark Investment (PNNT), Capital Southwest (CSWC), Stellus Capital Investment (SCM), Safeguard Scientifics (SFE), Oaktree Strategic Income (OCSI), Arlington Asset Investment (AI), THL Credit (TCRD), OFS Capital (OFS), Allied Minds (ALLWF) and Capitala Finance (CPTA).

Based on aggregate information from My MarketBeat watchlists, some companies that other 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, L.P (CLMT), Washington Prime Group (WPG), Energy Transfer LP Unit (ET), Blackrock Capital Investment (BKCC), Summit Midstream Partners (SMLP) and Viper Energy Partners (VNOM).

Triplepoint Venture Growth BDC's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (2.21%), Delphi Management Inc. MA (0.38%), Wiley BROS. Aintree Capital LLC (0.35%), Essex Investment Management Co. LLC (0.30%), California Public Employees Retirement System (0.16%) and First Allied Advisory Services Inc. (0.10%). Company insiders that own Triplepoint Venture Growth BDC stock include James Labe and Sajal Srivastava. View Institutional Ownership Trends for Triplepoint Venture Growth BDC.

TPVG stock was sold by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Wiley BROS. Aintree Capital LLC, Delphi Management Inc. MA, Essex Investment Management Co. LLC, Advantage Investment Management LLC and Commonwealth Equity Services LLC. View Insider Buying and Selling for Triplepoint Venture Growth BDC.

TPVG stock was bought by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, First Allied Advisory Services Inc., Steward Partners Investment Advisory LLC, Envestnet Asset Management Inc., Canton Hathaway LLC and Wiley BROS. Aintree Capital LLC. Company insiders that have bought Triplepoint Venture Growth BDC stock in the last two years include James Labe and Sajal Srivastava. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of TPVG stock can currently be purchased for approximately $14.81.

Triplepoint Venture Growth BDC has a market capitalization of $368.77 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. View Additional Information About Triplepoint Venture Growth BDC.

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

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]