TriplePoint Venture Growth BDC Corp. is a closed-end, non-diversified management investment company. The Company's investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation by primarily lending with warrants to venture growth stage companies focused in technology, life sciences and other high growth industries, which are backed by TriplePoint Capital LLC's (TPC) select group of venture capital investors. The Company targets investment opportunities in venture growth stage companies backed by venture capital investors. The Company originates and invests primarily in loans that have a secured collateral position and are used by venture growth stage companies to finance their continued expansion and growth, equipment financings and, on a select basis, revolving loans. The Company is managed by TPVG Advisers LLC.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Closed End Funds
- Sub-Industry: N/A
- Symbol: NYSE:TPVG
- CUSIP: N/A
- Web: www.tpvg.com
Average Prices:- 50 Day Moving Avg: $13.29
- 200 Day Moving Avg: $13.42
- 52 Week Range: $10.25 - $14.41
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 8.33
- P/E Growth: 0.87
Dividend:- Annual Dividend: $1.44
- Dividend Yield: 10.6%
Profitability:- Net Margins: 47.29%
- Return on Equity: 11.31%
- Return on Assets: 5.72%
Debt:- Current Ratio: 0.53%
- Quick Ratio: 0.53%
Misc:- Average Volume: 112,962 shs.
- Beta: 1.39
Frequently Asked Questions for TriplePoint Venture Growth BDC Corp. (NYSE:TPVG)
What is TriplePoint Venture Growth BDC Corp.'s stock symbol?
TriplePoint Venture Growth BDC Corp. trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPVG."
How often does TriplePoint Venture Growth BDC Corp. pay dividends? What is the dividend yield for TriplePoint Venture Growth BDC Corp.?
TriplePoint Venture Growth BDC Corp. announced a quarterly dividend on Wednesday, May 10th. Stockholders of record on Wednesday, May 31st will be paid a dividend of $0.36 per share on Friday, June 16th. This represents a $1.44 annualized dividend and a dividend yield of 11.15%. The ex-dividend date of this dividend is Friday, May 26th. View TriplePoint Venture Growth BDC Corp.'s Dividend History.
How were TriplePoint Venture Growth BDC Corp.'s earnings last quarter?
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) posted its earnings results on Tuesday, May, 9th. The company reported $0.50 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.47 by $0.03. The business earned $14.30 million during the quarter, compared to the consensus estimate of $14.49 million. TriplePoint Venture Growth BDC Corp. had a return on equity of 11.31% and a net margin of 47.29%. View TriplePoint Venture Growth BDC Corp.'s Earnings History.
Where is TriplePoint Venture Growth BDC Corp.'s stock going? Where will TriplePoint Venture Growth BDC Corp.'s stock price be in 2017?
1 brokerages have issued 1-year price targets for TriplePoint Venture Growth BDC Corp.'s shares. Their predictions range from $12.30 to $12.30. On average, they expect TriplePoint Venture Growth BDC Corp.'s stock price to reach $12.30 in the next twelve months. View Analyst Ratings for TriplePoint Venture Growth BDC Corp..
Who are some of TriplePoint Venture Growth BDC Corp.'s key competitors?
Some companies that are related to TriplePoint Venture Growth BDC Corp. include 3i Infrastructure PLC (3IN), Hercules Capital (HTGC), Triangle Capital Corporation (TCAP), Ithaca Energy (IAE), Foresight Solar Fund Ltd (FSFL), TICC Capital Corp. (TICC), KCAP Financial (KCAP), GLI Finance Ltd (GLIF), Andalas Energy and Power PLC (ADL), Alcentra Capital Corp. (ABDC), American Capital Senior Floating (ACSF), Andalas Energy and Power PLC (CEB), Apollo Investment Corporation (AINV), Ares Capital Corporation (ARCC), BlackRock Capital Investment Corporation (BKCC), BlackRock Enhanced Global Dividend Trust (BOE), BlackRock LT Municipal Advantage Trust (BTA) and Blackrock Taxable Municipal Bond Trust (BBN).
Who are TriplePoint Venture Growth BDC Corp.'s key executives?
TriplePoint Venture Growth BDC Corp.'s management team includes the folowing people:
- James P. Labe, Chairman of the Board, Chief Executive Officer
- Sajal K. Srivastava, President, Chief Investment Officer, Director
- Carl M. Rizzo, Chief Compliance Officer
- Gilbert E. Ahye, Independent Director
- Steven P. Bird, Independent Director
- Stephen A. Cassani, Independent Director
Who owns TriplePoint Venture Growth BDC Corp. stock?
TriplePoint Venture Growth BDC Corp.'s stock is owned by many different of institutional and retail investors. Top institutional shareholders include Confluence Investment Management LLC (0.00%) and Bank of Montreal Can (0.00%). Company insiders that own TriplePoint Venture Growth BDC Corp. stock include Sajal Srivastava and Steven Bird. View Institutional Ownership Trends for TriplePoint Venture Growth BDC Corp..
Who sold TriplePoint Venture Growth BDC Corp. stock? Who is selling TriplePoint Venture Growth BDC Corp. stock?
Who bought TriplePoint Venture Growth BDC Corp. stock? Who is buying TriplePoint Venture Growth BDC Corp. stock?
TriplePoint Venture Growth BDC Corp.'s stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can. Company insiders that have bought TriplePoint Venture Growth BDC Corp. stock in the last two years include Sajal Srivastava and Steven Bird. View Insider Buying and Selling for TriplePoint Venture Growth BDC Corp..
How do I buy TriplePoint Venture Growth BDC Corp. stock?
Shares of TriplePoint Venture Growth BDC Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is TriplePoint Venture Growth BDC Corp.'s stock price today?
One share of TriplePoint Venture Growth BDC Corp. stock can currently be purchased for approximately $12.91.
MarketBeat Community Rating for TriplePoint Venture Growth BDC Corp. (NYSE TPVG)MarketBeat's community ratings are surveys of what our community members think about TriplePoint Venture Growth BDC Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $12.30 (4.73% downside) |
Analysts' Ratings History for TriplePoint Venture Growth BDC Corp. (NYSE:TPVG)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/22/2016 | Compass Point | Upgrade | Neutral -> Buy | $12.30 | N/A |  |
| 6/22/2016 | Janney Montgomery Scott | Initiated Coverage | Neutral | $13.00 | N/A | |
| 5/2/2016 | Ladenburg Thalmann Financial Services | Initiated Coverage | Buy | $13.25 | N/A | |
(Data available from 7/26/2015 forward)
Earnings History for TriplePoint Venture Growth BDC Corp. (NYSE:TPVG)Earnings History by Quarter for TriplePoint Venture Growth BDC Corp. (NYSE TPVG)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/9/2017 | Q1 2017 | $0.47 | $0.50 | $14.49 million | $14.30 million | View | Listen | |
| 3/13/2017 | Q4 2016 | $0.35 | $0.30 | $11.89 million | $10.65 million | View | N/A | |
| 5/9/2016 | Q116 | $0.28 | $0.41 | $10.80 million | $11.08 million | View | N/A | |
| 3/14/2016 | Q415 | $0.35 | $0.35 | $11.80 million | $11.43 million | View | N/A | |
| 11/10/2015 | Q315 | $0.33 | $0.29 | $10.40 million | $9.25 million | View | Listen | |
| 8/11/2015 | Q215 | $0.27 | $0.38 | $9.70 million | $11.61 million | View | Listen | |
| 3/16/2015 | | $0.42 | $0.59 | $8.03 million | $10.69 million | View | N/A | |
| 8/11/2014 | | $0.34 | $0.29 | | | View | N/A | |
| 5/13/2014 | | $0.09 | $0.09 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for TriplePoint Venture Growth BDC Corp. (NYSE:TPVG)Current Year EPS Consensus Estimate: $1.53 EPS
Next Year EPS Consensus Estimate: $1.55 EPS
Current Dividend Information for TriplePoint Venture Growth BDC Corp. (NYSE:TPVG)| Most Recent Dividend: | 6/16/2017 |
| Annual Dividend: | $1.44 |
| Dividend Yield: | 11.15% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 103.60% (Trailing 12 Months of Earnings)
94.12% (Based on This Year's Estimates)
92.90% (Based on Next Year's Estimates)
|
Dividend History by Quarter for TriplePoint Venture Growth BDC Corp. (NYSE TPVG)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/10/2017 | Quarterly | $0.36 | 10.47% | 5/26/2017 | 5/31/2017 | 6/16/2017 |
| 3/15/2017 | Quarterly | $0.36 | 10.43% | 3/29/2017 | 3/31/2017 | 4/17/2017 |
| 11/8/2016 | Quarterly | $0.36 | | 11/28/2016 | 11/30/2016 | 12/16/2016 |
| 8/9/2016 | Quarterly | $0.36 | | 8/29/2016 | 8/31/2016 | 9/16/2016 |
| 5/10/2016 | Quarterly | $0.36 | | 5/26/2016 | 5/31/2016 | 6/16/2016 |
| 3/15/2016 | Quarterly | $0.36 | | 3/29/2016 | 3/31/2016 | 4/15/2016 |
| 11/11/2015 | Quarterly | $0.36 | | 11/25/2015 | 11/30/2015 | 12/16/2015 |
| 8/11/2015 | | $0.36 | | 8/27/2015 | 8/31/2015 | 9/16/2015 |
| 5/7/2015 | quarterly | $0.36 | 10.63% | 5/27/2015 | 5/29/2015 | 6/16/2015 |
| 3/16/2015 | quarterly | $0.36 | 9.9% | 3/24/2015 | 3/26/2015 | 4/16/2015 |
| 12/3/2014 | special | $0.15 | 9.56% | 12/18/2014 | 12/22/2014 | 12/31/2014 |
| 10/27/2014 | quarterly | $0.36 | 10.05% | 11/25/2014 | 11/28/2014 | 12/16/2014 |
| 8/11/2014 | quarterly | $0.32 | 8.42% | 8/27/2014 | 8/29/2014 | 9/16/2014 |
| 5/14/2014 | quarterly | $0.30 | 7.99% | 5/28/2014 | 5/30/2014 | 6/17/2014 |
| 4/4/2014 | special | $0.09 | | 4/11/2014 | 4/15/2014 | 4/30/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for TriplePoint Venture Growth BDC Corp. (NYSE:TPVG)Insider Ownership Percentage: 1.31%
Institutional Ownership Percentage: 42.64%
Insider Trades by Quarter for TriplePoint Venture Growth BDC Corp. (NYSE:TPVG)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/31/2017 | Sajal Srivastava | President | Buy | 8,000 | $13.10 | $104,800.00 | |
| 9/9/2016 | Sajal Srivastava | Insider | Buy | 7,000 | $11.02 | $77,140.00 | |
| 8/25/2016 | Sajal Srivastava | Insider | Buy | 8,000 | $11.54 | $92,320.00 | |
| 9/1/2015 | Steven Bird | Director | Buy | 30,000 | $11.85 | $355,500.00 | |
| 8/24/2015 | Sajal Srivastava | insider | Buy | 20,000 | $12.02 | $240,400.00 | |
| 6/2/2015 | Sajal Srivastava | Insider | Buy | 7,000 | $13.55 | $94,850.00 | |
| 11/5/2014 | Harold F Zagunis | CFO | Buy | 5,000 | $14.68 | $73,400.00 | |
| 11/5/2014 | James Labe | CEO | Buy | 14,000 | $14.59 | $204,260.00 | |
| 11/3/2014 | Sajal Srivastava | Insider | Buy | 15,000 | $14.49 | $217,350.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for TriplePoint Venture Growth BDC Corp. (NYSE:TPVG)
Latest Headlines for TriplePoint Venture Growth BDC Corp. (NYSE:TPVG)
| Source: |
|
| Date | Headline |
|---|
 | This 11% Yielding BDC Will Likely See Volatility Soon
seekingalpha.com - July 21 at 7:58 AM |
 | TriplePoint Venture Growth BDC Corp. Announces Public Offering of Notes Due 2022
finance.yahoo.com - July 12 at 8:19 AM |
| TriplePoint Venture Growth BDC Corp. Prices Public Offering of $65 Million of 5.75% Notes Due 2022
finance.yahoo.com - July 12 at 8:19 AM |
 | Brokerages Expect TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) Will Announce Quarterly Sales of $11.49 Million
www.americanbankingnews.com - July 8 at 9:46 AM |
| TriplePoint Venture Growth BDC Corp. (TPVG) Expected to Announce Earnings of $0.32 Per Share
www.americanbankingnews.com - July 6 at 12:52 PM |
| Zacks: Brokerages Anticipate TriplePoint Venture Growth BDC Corp. (TPVG) Will Post Quarterly Sales of $11.49 Million
www.americanbankingnews.com - June 14 at 11:56 AM |
| Analysts Expect TriplePoint Venture Growth BDC Corp. (TPVG) to Announce $0.32 Earnings Per Share
www.americanbankingnews.com - June 12 at 12:12 PM |
| TriplePoint Venture Growth BDC Corp (TPVG) President Sajal Srivastava Acquires 8,000 Shares
www.americanbankingnews.com - June 1 at 10:46 PM |
 | TriplePoint Venture Growth BDC Corp. (TPVG) Ex-Dividend Date Scheduled for May 26, 2017 - Nasdaq
www.nasdaq.com - May 26 at 7:51 AM |
| TriplePoint Venture Growth BDC Corp (TPVG) Cut to Buy at ValuEngine
www.americanbankingnews.com - May 23 at 3:08 PM |
| TriplePoint Venture Growth BDC Corp (TPVG) Expected to Post Quarterly Sales of $11.49 Million
www.americanbankingnews.com - May 17 at 8:56 AM |
| Analysts Anticipate TriplePoint Venture Growth BDC Corp (TPVG) to Post $0.32 Earnings Per Share
www.americanbankingnews.com - May 16 at 12:22 AM |
| TriplePoint Venture Growth BDC Corp Plans Quarterly Dividend of $0.36 (tpvg)
www.americanbankingnews.com - May 11 at 2:20 PM |
| TriplePoint Venture Growth BDC Corp (TPVG) Posts Earnings Results, Beats Estimates By $0.03 EPS
www.americanbankingnews.com - May 10 at 4:16 PM |
 | TriplePoint Venture Growth BDC Corp. Announces $0.50 Per Share Net Investment Income and Record Level of ... - Business Wire (press release)
www.businesswire.com - May 10 at 10:16 AM |
 | TriplePoint Venture Growth posts 1Q profit
www.cnbc.com - May 9 at 7:46 PM |
| TriplePoint Venture Growth BDC Corp. Announces $0.50 Per Share Net Investment Income and Record Level of Investment Income in the First Quarter of 2017
finance.yahoo.com - May 9 at 7:46 PM |
| TriplePoint Venture Growth BDC Corp (TPVG) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - May 4 at 9:37 AM |
| TriplePoint Venture Growth BDC Corp (TPVG) Getting Somewhat Favorable News Coverage, Analysis Finds
www.americanbankingnews.com - May 3 at 8:34 PM |
| TriplePoint Venture Growth BDC Corp. to Announce 2017 First Quarter Financial Results on Tuesday, May 9, 2017
finance.yahoo.com - May 2 at 6:18 PM |
| TriplePoint Venture Growth BDC Corp (TPVG) Receives Daily Coverage Optimism Score of 0.30
www.americanbankingnews.com - April 28 at 3:28 PM |
| Zacks: Analysts Expect TriplePoint Venture Growth BDC Corp (TPVG) Will Post Quarterly Sales of $14.49 Million
www.americanbankingnews.com - April 27 at 2:01 PM |
| TriplePoint Venture Growth BDC Corp (TPVG) Given News Impact Score of 0.26
www.americanbankingnews.com - April 24 at 6:51 PM |
| TriplePoint Venture Growth BDC Corp (TPVG) Given News Sentiment Score of 0.26
www.americanbankingnews.com - April 21 at 9:44 PM |
| TriplePoint Venture Growth BDC Corp (TPVG) Given Daily News Impact Rating of 0.20
www.americanbankingnews.com - April 18 at 2:40 PM |
| TriplePoint Venture Growth BDC Corp. (TPVG) Ex-Dividend Date Scheduled for March 29, 2017 - Nasdaq
www.nasdaq.com - March 29 at 7:54 AM |
| Investing In High-Yield BDCs And Why Timing Matters: Part 3
seekingalpha.com - March 18 at 2:17 AM |
| TriplePoint Venture Growth BDC Corp (TPVG) Lifted to Buy at Zacks Investment Research
www.americanbankingnews.com - March 16 at 8:27 PM |
| TriplePoint Venture Growth BDC Corp (TPVG) Releases Earnings Results, Misses Estimates By $0.05 EPS
www.americanbankingnews.com - March 14 at 9:58 AM |
 | BRIEF-TriplePoint says net asset value per share increased by $0.07 to $13.51 as of Dec. 31
www.reuters.com - March 14 at 8:58 AM |
 | TriplePoint Venture Growth BDC Corp. Announces Fourth Quarter and Fiscal Year 2016 Financial Results
us.rd.yahoo.com - March 13 at 7:54 PM |
| TRIPLEPOINT VENTURE GROWTH BDC CORP. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Sta
us.rd.yahoo.com - March 13 at 7:54 PM |
| TriplePoint Venture Growth BDC Corp. to Announce 2016 Fourth Quarter and Full Year Financial Results on Monday ... - Business Wire (press release)
www.businesswire.com - March 7 at 8:40 AM |
| TriplePoint Venture Growth BDC Corp. to Announce 2016 Fourth Quarter and Full Year Financial Results on Monday, March 13, 2017
finance.yahoo.com - March 6 at 7:34 PM |
| TriplePoint Venture Growth BDC Corp. to Present at the 2016 Wells Fargo Middle Market Opportunities Forum - Business Wire (press release)
www.businesswire.com - December 6 at 7:58 AM |
| TriplePoint Venture Growth BDC Corp. to Present at the 2016 Wells Fargo Middle Market Opportunities Forum
finance.yahoo.com - December 6 at 7:58 AM |
| TriplePoint Venture Growth: 12% Yield And Recent Rebound
seekingalpha.com - November 29 at 11:28 AM |
| TriplePoint Venture Growth BDC Corp. (TPVG) Ex-Dividend Date Scheduled for November 28, 2016 - Nasdaq
www.nasdaq.com - November 25 at 7:44 PM |
| TRIPLEPOINT VENTURE GROWTH BDC CORP. Financials
finance.yahoo.com - November 16 at 8:13 PM |
| TriplePoint Venture Growth BDC Corp. to Announce 2016 Third Quarter Financial Results on Monday, November …
finance.yahoo.com - November 2 at 11:41 AM |
| TriplePoint Venture Growth BDC Corp. to Announce 2016 Third Quarter Financial Results on Monday, November 7, 2016 - Business Wire (press release)
www.businesswire.com - November 1 at 12:34 PM |
| TriplePoint Venture Growth BDC Corp. to Announce 2016 Third Quarter Financial Results on Monday, November 7, 2016
finance.yahoo.com - October 31 at 7:39 PM |
| Dividend Stock Yields 13.6%, Upside From Warrants & Growth Prospects
seekingalpha.com - October 13 at 11:41 AM |
| Higher Quality BDCs: Monroe Capital - Seeking Alpha
seekingalpha.com - September 6 at 7:51 PM |
| TriplePoint Venture Growth BDC Corp. (TPVG) Ex-Dividend Date
www.nasdaq.com - August 26 at 10:46 AM |
| BRIEF-Triplepoint Venture Growth BDC Corp Announces Q2 2016 financial results
www.reuters.com - August 8 at 8:06 PM |
 | TriplePoint Venture Growth BDC (TPVG) Misses Q2 EPS by 4c
www.streetinsider.com - August 8 at 8:06 PM |
TriplePoint Venture Growth BDC Corp. (TPVG) Chart for Wednesday, July, 26, 2017
