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About TriplePoint Venture Growth BDC (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
Industry Investors, not elsewhere classified
Sub-IndustryN/A
SectorFinance
SymbolNYSE:TPVG
CUSIPN/A
Phone650-854-2090
Debt
Debt-to-Equity RatioN/A
Current Ratio0.48
Quick Ratio0.48
Price-To-Earnings
Trailing P/E Ratio8.14
Forward P/E Ratio9.03
P/E Growth0.9
Sales & Book Value
Annual Sales$51.51 million
Price / Sales4.51
Cash Flow$1.4208 per share
Price / Cash9.22
Book Value$13.32 per share
Price / Book0.98
Profitability
EPS (Most Recent Fiscal Year)$1.61
Net Income$19.22 million
Net Margins46.95%
Return on Equity10.77%
Return on Assets5.09%
Miscellaneous
EmployeesN/A
Outstanding Shares17,750,000
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 Thursday, May 3rd. Stockholders of record on Thursday, May 31st will be given a dividend of $0.36 per share on Friday, June 15th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 10.99%. The ex-dividend date of this dividend is Wednesday, May 30th. 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) posted its quarterly earnings data on Wednesday, May, 2nd. The investment management company reported $0.34 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.34. The investment management company earned $12.62 million during the quarter, compared to the consensus estimate of $12.85 million. TriplePoint Venture Growth BDC had a net margin of 46.95% and a return on equity of 10.77%. 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 Wall Street analysts have issued 12-month target prices for TriplePoint Venture Growth BDC's stock. Their forecasts range from $14.00 to $14.00. On average, they expect TriplePoint Venture Growth BDC's stock price to reach $14.00 in the next twelve months. View Analyst Ratings 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 Pennantpark Floating Rate Capital (PFLT), PennantPark Investment (PNNT), Gladstone Investment (GAIN), Arlington Asset Investment (AI), Capital Southwest (CSWC), Safeguard Scientifics (SFE), THL Credit (TCRD), Oaktree Strategic Income (OCSI), Stellus Capital Investment (SCM), OFS Capital (OFS), Garrison Capital (GARS), Capitala Finance (CPTA), CM Finance (CMFN), Amern Cap Sr Fl/COM (ACSF) and KCAP Financial (KCAP).
Who are TriplePoint Venture Growth BDC's key executives?
TriplePoint Venture Growth BDC'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 Venture Growth BDC been receiving favorable news coverage?
News headlines about TPVG stock have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. TriplePoint Venture Growth BDC earned a coverage optimism score of 0.21 on Accern's scale. They also gave media coverage about the investment management company an impact score of 46.65 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.
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 investors include Wells Fargo & Company MN (1.90%), UBS Group AG (1.32%), Guggenheim Capital LLC (0.85%), BlackRock Inc. (0.49%), PVG Asset Management Corp (0.32%) and JPMorgan Chase & Co. (0.27%). 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?
Which major investors are buying TriplePoint Venture Growth BDC stock?
TPVG stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co.. 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, Scottrade, 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 $13.10.
How big of a company is TriplePoint Venture Growth BDC?
TriplePoint Venture Growth BDC has a market capitalization of $233.44 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 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 (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.
TriplePoint Venture Growth BDC (NYSE:TPVG) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
3 Wall Street analysts have issued ratings and price targets for TriplePoint Venture Growth BDC in the last 12 months. Their average twelve-month price target is $14.00, suggesting that the stock has a possible upside of 6.87%. The high price target for TPVG is $14.00 and the low price target for TPVG is $14.00. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Buy | Hold |
| Consensus Rating Score: | 2.33 | 2.33 | 2.50 | 2.00 |
| Ratings Breakdown: | 0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
2 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $14.00 | $14.00 | $14.00 | $14.00 |
| Price Target Upside: | 6.87% upside | 14.66% upside | 4.56% upside | 1.06% downside |
TriplePoint Venture Growth BDC (NYSE:TPVG) Consensus Price Target History
TriplePoint Venture Growth BDC (NYSE:TPVG) Analyst Ratings History
Show:
(Data available from 5/25/2016 forward)
TriplePoint Venture Growth BDC (NYSE:TPVG) Dividend Information
TriplePoint Venture Growth BDC pays an annual dividend of $1.44 per share, with a dividend yield of 10.99%. TPVG's next quarterly dividend payment will be made on Friday, June 15. TriplePoint Venture Growth BDC pays out 89.44% of its earnings out as a dividend.
| Next Dividend: | 6/15/2018 |
| Annual Dividend: | $1.44 |
| Dividend Yield: | 10.99% |
| Dividend Growth: | 10.40% (3 Year Average) |
| Payout Ratio(s): | 89.44% (Trailing 12 Months of Earnings)
99.31% (Based on This Year's Estimates)
97.30% (Based on Next Year's Estimates)
101.35% (Based on Cash Flow)
|
| Frequency: | Quarterly Dividend |
TriplePoint Venture Growth BDC (NYSE:TPVG) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 5/3/2018 | quarterly | $0.36 | 11.51% | 5/30/2018 | 5/31/2018 | 6/15/2018 |
| 3/13/2018 | quarterly | $0.36 | 11.81% | 3/22/2018 | 3/23/2018 | 4/6/2018 |
| 11/7/2017 | quarterly | $0.36 | 10.3% | 11/16/2017 | 11/17/2017 | 12/1/2017 |
| 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)
TriplePoint Venture Growth BDC (NYSE TPVG) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.71%
Institutional Ownership Percentage: 39.38%
TriplePoint Venture Growth BDC (NYSE TPVG) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 10/25/2017 | Andrew Olson | CFO | Buy | 7,386 | $13.65 | $100,818.90 | 7,386 |  |
| 10/25/2017 | James Labe | CEO | Buy | 22,156 | $13.65 | $302,429.40 | | |
| 10/25/2017 | Sajal Srivastava | President | Buy | 44,313 | $13.65 | $604,872.45 | | |
| 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 | 107,643 | |
| 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 | 30,000 | |
| 8/24/2015 | Sajal Srivastava | insider | Buy | 20,000 | $12.02 | $240,400.00 | 86,809 | |
| 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)
TriplePoint Venture Growth BDC (NYSE TPVG) News Headlines
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TriplePoint Venture Growth BDC (NYSE:TPVG) SEC Filings
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TriplePoint Venture Growth BDC (NYSE:TPVG) Income Statement, Balance Sheet and Cash Flow Statement
TriplePoint Venture Growth BDC (NYSE TPVG) Stock Chart for Friday, May, 25, 2018
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