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S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
Sell every Stock except ONE (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Will This Be the Worst U.S. Crisis Ever? (Ad)
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
Sell every Stock except ONE (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Will This Be the Worst U.S. Crisis Ever? (Ad)
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
Sell every Stock except ONE (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Will This Be the Worst U.S. Crisis Ever? (Ad)
NYSE:TPVG

TriplePoint Venture Growth BDC - TPVG Stock Forecast, Price & News

$13.73
+0.13 (+0.96%)
(As of 08/10/2022 12:00 AM ET)
Add
Compare
Today's Range
$13.56
$13.79
50-Day Range
$12.17
$15.10
52-Week Range
$11.86
$19.25
Volume
307,217 shs
Average Volume
190,347 shs
Market Capitalization
$426.14 million
P/E Ratio
9.60
Dividend Yield
10.59%
Price Target
$17.19

TriplePoint Venture Growth BDC MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
25.2% Upside
$17.19 Price Target
Short Interest
Bearish
4.67% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.37mentions of TriplePoint Venture Growth BDC in the last 14 days
Based on 10 Articles This Week
Insider Trading
Acquiring Shares
$136,350 Bought Last Quarter
Proj. Earnings Growth
1.80%
From $1.67 to $1.70 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.67 out of 5 stars

Finance Sector

250th out of 904 stocks

Investors, Not Elsewhere Classified Industry

3rd out of 17 stocks

TPVG stock logo

About TriplePoint Venture Growth BDC (NYSE:TPVG) Stock

TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.

Wall Street Analyst Weigh In

Several research firms have commented on TPVG. Wells Fargo & Company increased their price target on shares of TriplePoint Venture Growth BDC from $17.50 to $18.00 and gave the company an "overweight" rating in a research report on Monday, April 25th. Piper Sandler decreased their price objective on shares of TriplePoint Venture Growth BDC from $19.00 to $16.00 and set an "overweight" rating for the company in a research report on Tuesday, June 28th. Finally, StockNews.com lowered shares of TriplePoint Venture Growth BDC from a "hold" rating to a "sell" rating in a research report on Friday, August 5th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $17.19.

TriplePoint Venture Growth BDC Price Performance

NYSE:TPVG traded up $0.05 during midday trading on Wednesday, hitting $13.65. The company's stock had a trading volume of 689 shares, compared to its average volume of 189,574. TriplePoint Venture Growth BDC has a fifty-two week low of $11.86 and a fifty-two week high of $19.25. The firm's 50 day moving average is $13.44 and its 200-day moving average is $15.36. The firm has a market cap of $423.66 million, a P/E ratio of 9.51 and a beta of 1.69.

TriplePoint Venture Growth BDC (NYSE:TPVG - Get Rating) last issued its quarterly earnings results on Wednesday, August 3rd. The investment management company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.04. TriplePoint Venture Growth BDC had a net margin of 43.80% and a return on equity of 11.53%. During the same period in the prior year, the firm posted $0.30 EPS. As a group, analysts forecast that TriplePoint Venture Growth BDC will post 1.67 EPS for the current year.

TriplePoint Venture Growth BDC Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be paid a dividend of $0.36 per share. The ex-dividend date is Wednesday, September 14th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 10.55%. TriplePoint Venture Growth BDC's payout ratio is 100.70%.

Insider Transactions at TriplePoint Venture Growth BDC

In other news, CFO Christopher M. Mathieu acquired 10,000 shares of the company's stock in a transaction dated Friday, June 17th. The shares were acquired at an average price of $12.16 per share, with a total value of $121,600.00. Following the purchase, the chief financial officer now directly owns 25,500 shares of the company's stock, valued at $310,080. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 1.38% of the company's stock.

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TPVG Stock News Headlines

4 Analysts Have This to Say About TriplePoint Venture Gwth
TriplePoint Venture Gwth Earnings Preview
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TPVG Company Calendar

Ex-Dividend for 6/30 Dividend
6/15/2022
Dividend Payable
6/30/2022
Last Earnings
8/03/2022
Today
8/10/2022
Ex-Dividend for 9/30 Dividend
9/14/2022
Dividend Payable
9/30/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Investors, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$17.19
High Stock Price Forecast
$19.00
Low Stock Price Forecast
$15.75
Forecasted Upside/Downside
+25.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$76.56 million
Pretax Margin
48.77%

Debt

Sales & Book Value

Annual Sales
$87.39 million
Cash Flow
$1.20 per share
Book Value
$14.02 per share

Miscellaneous

Free Float
30,609,000
Market Cap
$426.14 million
Optionable
Optionable
Beta
1.69














TPVG Stock - Frequently Asked Questions

Should I buy or sell TriplePoint Venture Growth BDC stock right now?

4 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 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TPVG shares.
View TPVG analyst ratings
or view top-rated stocks.

What is TriplePoint Venture Growth BDC's stock price forecast for 2022?

4 Wall Street research analysts have issued 1 year price targets for TriplePoint Venture Growth BDC's stock. Their TPVG share price forecasts range from $15.75 to $19.00. On average, they predict the company's share price to reach $17.19 in the next year. This suggests a possible upside of 25.2% from the stock's current price.
View analysts price targets for TPVG
or view top-rated stocks among Wall Street analysts.

How have TPVG shares performed in 2022?

TriplePoint Venture Growth BDC's stock was trading at $17.96 at the start of the year. Since then, TPVG stock has decreased by 23.6% and is now trading at $13.73.
View the best growth stocks for 2022 here
.

When is TriplePoint Venture Growth BDC's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our TPVG earnings forecast
.

How were TriplePoint Venture Growth BDC's earnings last quarter?

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) issued its earnings results on Wednesday, August, 3rd. The investment management company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.37 by $0.04. TriplePoint Venture Growth BDC had a trailing twelve-month return on equity of 11.53% and a net margin of 43.80%. During the same period last year, the company earned $0.30 earnings per share.

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 27th. Shareholders of record on Thursday, September 15th will be paid a dividend of $0.36 per share on Friday, September 30th. This represents a $1.44 annualized dividend and a dividend yield of 10.49%. The ex-dividend date of this dividend is Wednesday, September 14th.
Read our dividend analysis for TPVG
.

Is TriplePoint Venture Growth BDC a good dividend stock?

TriplePoint Venture Growth BDC (NYSE:TPVG) pays an annual dividend of $1.44 per share and currently has a dividend yield of 10.59%. TPVG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 100.70%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TPVG will have a dividend payout ratio of 84.71% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TPVG.

What other stocks do shareholders of TriplePoint Venture Growth BDC own?

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."

Who are TriplePoint Venture Growth BDC's major shareholders?

TriplePoint Venture Growth BDC's stock is owned by a variety of institutional and retail investors. Top institutional investors include Sound Income Strategies LLC (1.40%), Van ECK Associates Corp (1.35%), Advisors Asset Management Inc. (1.03%), Hennion & Walsh Asset Management Inc. (0.71%), Farmer Steven Patrick (0.36%) and Claybrook Capital LLC (0.29%). Insiders that own company stock include Christopher M Mathieu, Cynthia M Fornelli and Stephen Cassani.
View institutional ownership trends
.

How do I buy shares of TriplePoint Venture Growth BDC?

Shares of TPVG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is TriplePoint Venture Growth BDC's stock price today?

One share of TPVG stock can currently be purchased for approximately $13.73.

How much money does TriplePoint Venture Growth BDC make?

TriplePoint Venture Growth BDC (NYSE:TPVG) has a market capitalization of $426.14 million and generates $87.39 million in revenue each year. The investment management company earns $76.56 million in net income (profit) each year or $1.43 on an earnings per share basis.

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 official website for the company is www.tpvg.com. The investment management company can be reached via phone at (650) 854-2090 or via email at aho@abmac.com.

This page (NYSE:TPVG) was last updated on 8/11/2022 by MarketBeat.com Staff

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