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
Stock Exchange NYSE
Industry Investors, not elsewhere classified
Sub-IndustryN/A
SectorFinance
SymbolNYSE:TPVG
CUSIPN/A
Phone650-854-2090
Debt
Debt-to-Equity RatioN/A
Current Ratio0.40
Quick Ratio0.40
Price-To-Earnings
Trailing P/E Ratio8.18
Forward P/E Ratio8.34
P/E GrowthN/A
Sales & Book Value
Annual Sales$51.51 million
Price / Sales4.54
Cash Flow$1.4331 per share
Price / Cash9.19
Book Value$13.27 per share
Price / Book0.99
Profitability
EPS (Most Recent Fiscal Year)$1.61
Net Income$19.22 million
Net Margins47.08%
Return on Equity10.49%
Return on Assets4.90%
Miscellaneous
EmployeesN/A
Outstanding Shares17,770,000
Market Cap$232.98 million
TRIPLEPOINT VEN/COM (NYSE:TPVG) Frequently Asked Questions
What is TRIPLEPOINT VEN/COM's stock symbol?
TRIPLEPOINT VEN/COM trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPVG."
How often does TRIPLEPOINT VEN/COM pay dividends? What is the dividend yield for TRIPLEPOINT VEN/COM?
TRIPLEPOINT VEN/COM announced a quarterly dividend on Thursday, August 2nd. Stockholders of record on Friday, August 31st will be given a dividend of $0.36 per share on Friday, September 14th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 10.93%. The ex-dividend date is Thursday, August 30th. View TRIPLEPOINT VEN/COM's Dividend History.
How were TRIPLEPOINT VEN/COM's earnings last quarter?
TRIPLEPOINT VEN/COM (NYSE:TPVG) issued its quarterly earnings results on Wednesday, August, 1st. The investment management company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.10. The investment management company had revenue of $16.55 million for the quarter, compared to the consensus estimate of $13.40 million. TRIPLEPOINT VEN/COM had a net margin of 47.08% and a return on equity of 10.49%. View TRIPLEPOINT VEN/COM's Earnings History.
When is TRIPLEPOINT VEN/COM's next earnings date?
What price target have analysts set for TPVG?
3 brokers have issued 1-year price objectives for TRIPLEPOINT VEN/COM's shares. Their forecasts range from $14.00 to $14.00. On average, they expect TRIPLEPOINT VEN/COM's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price. View Analyst Price Targets for TRIPLEPOINT VEN/COM.
What is the consensus analysts' recommendation for TRIPLEPOINT VEN/COM?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TRIPLEPOINT VEN/COM in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TRIPLEPOINT VEN/COM.
Who are some of TRIPLEPOINT VEN/COM's key competitors?
Some companies that are related to TRIPLEPOINT VEN/COM include PennantPark Investment (PNNT), Pennantpark Floating Rate Capital (PFLT), Gladstone Investment (GAIN), Capital Southwest (CSWC), Arlington Asset Investment (AI), THL Credit (TCRD), Oaktree Strategic Income (OCSI), Safeguard Scientifics (SFE), Stellus Capital Investment (SCM), OFS Capital (OFS), Capitala Finance (CPTA), Garrison Capital (GARS), CM Finance (CMFN), Amern Cap Sr Fl/COM (ACSF) and KCAP Financial (KCAP).
Who are TRIPLEPOINT VEN/COM's key executives?
TRIPLEPOINT VEN/COM's management team includes the folowing people:
- James P. Labe, Chairman of the Board, Chief Executive Officer (Age 58)
- Sajal K. Srivastava, President, Chief Investment Officer, Director (Age 39)
- Andrew J. Olson, Chief Financial Officer (Age 34)
- Carl M. Rizzo, Chief Compliance Officer (Age 63)
- Gilbert E. Ahye, Independent Director (Age 67)
- Steven P. Bird, Independent Director (Age 59)
- Stephen A. Cassani, Independent Director (Age 48)
Has TRIPLEPOINT VEN/COM been receiving favorable news coverage?
News headlines about TPVG stock have trended somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. TRIPLEPOINT VEN/COM earned a news and rumor sentiment score of 0.10 on Accern's scale. They also assigned headlines about the investment management company an impact score of 47.77 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for TRIPLEPOINT VEN/COM.
Who are TRIPLEPOINT VEN/COM's major shareholders?
TRIPLEPOINT VEN/COM's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (1.23%), Putnam Investments LLC (1.17%), Essex Investment Management Co. LLC (0.52%), Advisors Asset Management Inc. (0.44%), BlackRock Inc. (0.40%) and PVG Asset Management Corp (0.27%). Company insiders that own TRIPLEPOINT VEN/COM stock include Andrew Olson, James Labe and Sajal Srivastava. View Institutional Ownership Trends for TRIPLEPOINT VEN/COM.
Which major investors are selling TRIPLEPOINT VEN/COM stock?
TPVG stock was sold by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Putnam Investments LLC, BlackRock Inc., PVG Asset Management Corp and Versant Capital Management Inc. View Insider Buying and Selling for TRIPLEPOINT VEN/COM.
Which major investors are buying TRIPLEPOINT VEN/COM stock?
TPVG stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, West Family Investments Inc., Texas Yale Capital Corp. and Essex Investment Management Co. LLC. Company insiders that have bought TRIPLEPOINT VEN/COM stock in the last two years include Andrew Olson, James Labe and Sajal Srivastava. View Insider Buying and Selling for TRIPLEPOINT VEN/COM.
How do I buy shares of TRIPLEPOINT VEN/COM?
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, Scottrade, Fidelity and Charles Schwab.
What is TRIPLEPOINT VEN/COM's stock price today?
One share of TPVG stock can currently be purchased for approximately $13.17.
How big of a company is TRIPLEPOINT VEN/COM?
TRIPLEPOINT VEN/COM has a market capitalization of $232.98 million and generates $51.51 million in revenue each year. The investment management company earns $19.22 million in net income (profit) each year or $1.61 on an earnings per share basis.
How can I contact TRIPLEPOINT VEN/COM?
TRIPLEPOINT VEN/COM'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 VEN/COM (NYSE TPVG)
MarketBeat's community ratings are surveys of what our community members think about TRIPLEPOINT VEN/COM 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.
