About TriplePoint Venture Growth BDC Corp. (NYSE:TPVG)
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: $13.34
- 200 Day Moving Avg: $13.47
- 52 Week Range: $10.25 - $14.41
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 9.13
- P/E Growth: 0.84
Dividend:- Annual Dividend: $1.44
- Dividend Yield: 10.6%
Profitability:- Net Margins: 56.60%
- Return on Equity: 13.05%
- Return on Assets: 6.50%
Debt:- Current Ratio: 0.83%
- Quick Ratio: 0.83%
Misc:- Average Volume: 85,945 shs.
- Beta: 1.34
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 Thursday, August 10th. Stockholders of record on Thursday, August 31st will be given a dividend of $0.36 per share on Friday, September 15th. This represents a $1.44 annualized dividend and a dividend yield of 10.44%. The ex-dividend date is Tuesday, August 29th. 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) issued its earnings results on Tuesday, August, 8th. The company reported $0.55 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.32 by $0.23. The firm had revenue of $15.68 million for the quarter, compared to analyst estimates of $11.49 million. TriplePoint Venture Growth BDC Corp. had a net margin of 56.60% and a return on equity of 13.05%. View TriplePoint Venture Growth BDC Corp.'s Earnings History.
When will TriplePoint Venture Growth BDC Corp. make its next earnings announcement?
Where is TriplePoint Venture Growth BDC Corp.'s stock going? Where will TriplePoint Venture Growth BDC Corp.'s stock price be in 2017?
1 analysts have issued 1 year price objectives for TriplePoint Venture Growth BDC Corp.'s stock. Their predictions range from $14.00 to $14.00. On average, they expect TriplePoint Venture Growth BDC Corp.'s share price to reach $14.00 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), Ithaca Energy (IAE), Triangle Capital Corporation (TCAP), 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
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 $13.79.
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.
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 |
|---|
| 11/6/2017 | | | | | | | | |
| 8/8/2017 | Q2 2017 | $0.32 | $0.55 | $11.49 million | $15.68 million | View | Listen |  |
| 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: $1.63 EPS
Next Year EPS Consensus Estimate: $1.51 EPS
Current Dividend Information for TriplePoint Venture Growth BDC Corp. (NYSE:TPVG)| Most Recent Dividend: | 9/15/2017 |
| Annual Dividend: | $1.44 |
| Dividend Yield: | 10.44% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 76.19% (Trailing 12 Months of Earnings)
88.34% (Based on This Year's Estimates)
95.36% (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 |
|---|
| 8/10/2017 | quarterly | $0.36 | 10.58% | 8/29/2017 | 8/31/2017 | 9/15/2017 |
| 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: 38.30%
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 |
|---|
 | BlueVine Expands Reach With up to $130 Million in New Debt Financing and Business Credit Line With Monthly Payments
www.bizjournals.com - October 18 at 9:43 AM |
 | Zacks: Brokerages Anticipate TriplePoint Venture Growth BDC Corp. (TPVG) Will Post Quarterly Sales of $11.22 Million
www.americanbankingnews.com - October 14 at 5:24 AM |
| TriplePoint Venture Growth BDC Corp. (TPVG) versus Its Peers Critical Comparison
www.americanbankingnews.com - October 7 at 4:10 PM |
 | Continued Volatility With This 11% Yielding BDC
seekingalpha.com - October 1 at 7:11 PM |
| Blackrock Taxable Municipal Bond Trust (BBN) vs. TriplePoint Venture Growth BDC Corp. (TPVG) Head to Head Contrast
www.americanbankingnews.com - September 28 at 9:38 AM |
| TriplePoint Venture Growth BDC Corp. (TPVG) versus Its Peers Head to Head Analysis
www.americanbankingnews.com - September 27 at 2:12 PM |
| TriplePoint Venture Growth BDC Corp. (TPVG) Expected to Announce Quarterly Sales of $11.22 Million
www.americanbankingnews.com - September 26 at 7:48 AM |
| TriplePoint Venture Growth BDC Corp. (TPVG) Expected to Announce Earnings of $0.28 Per Share
www.americanbankingnews.com - September 24 at 2:16 AM |
| Contrasting TriplePoint Venture Growth BDC Corp. (TPVG) and Its Rivals
www.americanbankingnews.com - September 23 at 2:26 AM |
| Compass Point Lowers TriplePoint Venture Growth BDC Corp. (TPVG) to Neutral
www.americanbankingnews.com - August 29 at 11:58 PM |
 | TriplePoint Venture Growth BDC Corp. (TPVG) Ex-Dividend Date Scheduled for August 29, 2017 - Nasdaq
www.nasdaq.com - August 29 at 8:52 AM |
| $11.22 Million in Sales Expected for TriplePoint Venture Growth BDC Corp. (TPVG) This Quarter
www.americanbankingnews.com - August 19 at 1:36 AM |
| TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) to Issue Quarterly Dividend of $0.36
www.americanbankingnews.com - August 10 at 5:33 PM |
 | TriplePoint Venture Growth BDC Corp. Announces Record $0.55 Net Investment Income per Share and 19.9 ... - Business Wire (press release)
www.businesswire.com - August 10 at 8:54 AM |
| TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) Receives Consensus Rating of "" from Analysts
www.americanbankingnews.com - August 9 at 6:46 PM |
| TriplePoint Venture Growth's (TPVG) CEO Jim Labe on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 9 at 8:22 AM |
 | Investor Network: Triplepoint Venture Growth BDC Corp. to Host Earnings Call
finance.yahoo.com - August 9 at 8:22 AM |
| TriplePoint Venture Growth BDC Corp. Announces Record $0.55 Net Investment Income per Share and 19.9% Weighted Average Annualized Portfolio Yield for the Second Quarter
finance.yahoo.com - August 9 at 8:22 AM |
| TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) Releases Quarterly Earnings Results, Beats Expectations By $0.22 EPS
www.americanbankingnews.com - August 8 at 8:44 PM |
| TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - August 3 at 12:06 PM |
| TriplePoint Venture Growth BDC Corp. to Announce 2017 Second Quarter Financial Results on Tuesday, August 8, 2017
finance.yahoo.com - August 2 at 7:59 AM |
| Analysts Expect TriplePoint Venture Growth BDC Corp. (TPVG) Will Post Quarterly Sales of $11.49 Million
www.americanbankingnews.com - August 1 at 8:01 AM |
 | BRIEF-Triplepoint Venture Growth BDC Corp names Andrew Olson as CFO
www.reuters.com - August 1 at 7:02 AM |
| TriplePoint Venture Growth BDC Corp. Names Andrew J. Olson As Chief Financial Officer
finance.yahoo.com - August 1 at 7:02 AM |
| $0.32 EPS Expected for TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) This Quarter
www.americanbankingnews.com - July 30 at 4:30 PM |
| Kayne Anderson Energy Development (KED) versus TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) Financial Survey
www.americanbankingnews.com - July 27 at 2:34 PM |
| 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 |
| 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. 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. (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 |
| 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 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: 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. 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 |
| 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, October, 18, 2017
