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.
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Industry, Sector and Symbol
Industry Investors, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Phone650-854-2090
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$64.65 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date10/30/2019 (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 announced a quarterly dividend on Wednesday, July 31st. Shareholders of record on Friday, August 30th will be paid a dividend of $0.36 per share on Monday, September 16th. This represents a $1.44 annualized dividend and a dividend yield of 8.70%. The ex-dividend date is Thursday, August 29th. 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) announced its earnings results on Wednesday, July, 31st. The investment management company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.03. The investment management company earned $18.94 million during the quarter, compared to analyst estimates of $17.91 million. Triplepoint Venture Growth BDC had a return on equity of 11.84% and a net margin of 76.70%. View Triplepoint Venture Growth BDC's Earnings History.
When is Triplepoint Venture Growth BDC's next earnings date?
What price target have analysts set for TPVG?
3 equities research analysts have issued 1-year target prices for Triplepoint Venture Growth BDC's shares. Their predictions range from $14.25 to $16.00. On average, they anticipate Triplepoint Venture Growth BDC's stock price to reach $14.9167 in the next twelve months. This suggests that the stock has a possible downside of 9.9%. 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 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.
Has Triplepoint Venture Growth BDC been receiving favorable news coverage?
News articles about TPVG stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Triplepoint Venture Growth BDC earned a news sentiment score of 0.9 on InfoTrie's scale. They also gave headlines about the investment management company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Triplepoint Venture Growth BDC.
Who are some of Triplepoint Venture Growth BDC's key competitors?
Some companies that are related to Triplepoint Venture Growth BDC include TPG Specialty Lending (TSLX), New Mountain Finance (NMFC), Golub Capital BDC (GBDC), Pennantpark Floating Rate Capital (PFLT), PennantPark Investment (PNNT), Gladstone Investment (GAIN), Capital Southwest (CSWC), Safeguard Scientifics (SFE), Stellus Capital Investment (SCM), Oaktree Strategic Income (OCSI), THL Credit (TCRD), Arlington Asset Investment (AI), Allied Minds (ALLWF), OFS Capital (OFS) and KCAP Financial (KCAP).
What other stocks do shareholders of Triplepoint Venture Growth BDC own?
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).
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 a number of of retail and institutional investors. Top institutional shareholders include UBS Group AG (2.18%), Wells Fargo & Company MN (1.11%), Virtus ETF Advisers LLC (1.09%), Van ECK Associates Corp (0.87%), Putnam Investments LLC (0.85%) and Morgan Stanley (0.65%). 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 major investors are selling Triplepoint Venture Growth BDC stock?
TPVG stock was sold by a variety of institutional investors in the last quarter, including Texas Yale Capital Corp., D. E. Shaw & Co. Inc., Advisor Group Inc., JPMorgan Chase & Co., Cubist Systematic Strategies LLC, Wells Fargo & Company MN, Wilbanks Smith & Thomas Asset Management LLC and Delphi Management Inc. MA. View Insider Buying and Selling for Triplepoint Venture Growth BDC.
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 Virtus ETF Advisers LLC, River & Mercantile Asset Management LLP, River & Mercantile Asset Management LLP, Acadian Asset Management LLC, Morgan Stanley, Putnam Investments LLC, Resource America Inc. and Advantage Investment Management LLC. 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, Robinhood, 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 $16.5490.
How big of a company is Triplepoint Venture Growth BDC?
Triplepoint Venture Growth BDC has a market capitalization of $411.41 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.
What is Triplepoint Venture Growth BDC's official website?
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)
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.
