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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriplePoint Venture Growth BDC in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TPVG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TPVG, but not buy additional shares or sell existing shares.
View TPVG analyst ratings or view top-rated stocks.

5 analysts have issued 12-month price objectives for TriplePoint Venture Growth BDC's shares. Their TPVG share price forecasts range from $10.00 to $13.50. On average, they predict the company's share price to reach $12.50 in the next twelve months. This suggests a possible upside of 4.8% from the stock's current price.
View analysts price targets for TPVG or view top-rated stocks among Wall Street analysts.

TriplePoint Venture Growth BDC's stock was trading at $10.43 at the beginning of 2023. Since then, TPVG stock has increased by 14.4% and is now trading at $11.93.
View the best growth stocks for 2023 here.

TriplePoint Venture Growth BDC saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 2,300,000 shares, an increase of 27.1% from the February 28th total of 1,810,000 shares. Based on an average trading volume of 294,400 shares, the days-to-cover ratio is currently 7.8 days. Currently, 6.6% of the shares of the company are short sold.
View TriplePoint Venture Growth BDC's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our TPVG earnings forecast.

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) issued its earnings results on Tuesday, November, 2nd. The investment management company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by $0.02. The investment management company earned $21.23 million during the quarter, compared to analysts' expectations of $22.27 million. TriplePoint Venture Growth BDC had a negative net margin of 17.01% and a positive trailing twelve-month return on equity of 14.94%. During the same quarter in the previous year, the business earned $0.40 earnings per share.

TriplePoint Venture Growth BDC declared a quarterly dividend on Wednesday, March 1st. Shareholders of record on Wednesday, March 15th will be paid a dividend of $0.40 per share on Friday, March 31st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 13.41%. The ex-dividend date of this dividend is Tuesday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.37.
Read our dividend analysis for TPVG.

ETFs with the largest weight of TriplePoint Venture Growth BDC (NYSE:TPVG) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD), Virtus Private Credit Strategy ETF (VPC) and VanEck BDC Income ETF (BIZD).GraniteShares HIPS US High Income ETF (HIPS) and

TriplePoint Venture Growth BDC (NYSE:TPVG) pays an annual dividend of $1.60 per share and currently has a dividend yield of 13.81%. TPVG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for TPVG.

Based on aggregate information from My MarketBeat watchlists, some companies that other TriplePoint Venture Growth BDC investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Two Harbors Investment (TWO), New Residential Investment (NRZ), Calumet Specialty Products Partners (CLMT), Energy Transfer (ET), BlackRock Capital Investment (BKCC), Washington Prime Group (WPG), Summit Midstream Partners (SMLP) and Alliance Resource Partners (ARLP).

TriplePoint Venture Growth BDC trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPVG."

TriplePoint Venture Growth BDC's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Sound Income Strategies LLC (1.81%), Van ECK Associates Corp (1.36%), Advisors Asset Management Inc. (0.92%), Wells Fargo & Company MN (0.68%), Legal & General Group Plc (0.66%) and Morgan Stanley (0.55%). Insiders that own company stock include Christopher M Mathieu, Cynthia M Fornelli and Stephen Cassani.
View institutional ownership trends.

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.
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One share of TPVG stock can currently be purchased for approximately $11.93.

TriplePoint Venture Growth BDC (NYSE:TPVG) has a market capitalization of $421.73 million and generates $119.42 million in revenue each year. The investment management company earns $-20,070,000.00 in net income (profit) each year or ($0.60) on an earnings per share basis.

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.