NYSE:TPVG - Triplepoint Venture Growth BDC Stock Price, Forecast & News

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

Triplepoint Venture Growth BDC declared a quarterly dividend on Wednesday, November 6th. Investors of record on Friday, November 29th will be given a dividend of $0.36 per share on Monday, December 16th. This represents a $1.44 annualized dividend and a yield of 11.23%. The ex-dividend date of this dividend is Wednesday, November 27th. View Triplepoint Venture Growth BDC's Dividend History.

Triplepoint Venture Growth BDC Corp (NYSE:TPVG) released its quarterly earnings data on Wednesday, November, 6th. The investment management company reported $0.29 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.42 by $0.13. The investment management company earned $15.69 million during the quarter, compared to the consensus estimate of $19.27 million. Triplepoint Venture Growth BDC had a return on equity of 11.00% and a net margin of 50.68%. View Triplepoint Venture Growth BDC's Earnings History.

Triplepoint Venture Growth BDC is scheduled to release their next quarterly earnings announcement on Wednesday, March 4th 2020. View Earnings Estimates for Triplepoint Venture Growth BDC.

4 Wall Street analysts have issued 12 month price targets for Triplepoint Venture Growth BDC's shares. Their forecasts range from $14.50 to $16.00. On average, they expect Triplepoint Venture Growth BDC's stock price to reach $15.50 in the next year. This suggests a possible upside of 20.9% from the stock's current price. View Analyst Price Targets for Triplepoint Venture Growth BDC.

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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Triplepoint Venture Growth BDC.

News coverage about TPVG stock has been trending very negative recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Triplepoint Venture Growth BDC earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news stories about the investment management company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Triplepoint Venture Growth BDC.

Some companies that are related to Triplepoint Venture Growth BDC include New Mountain Finance (NMFC), Pennantpark Floating Rate Capital (PFLT), PennantPark Investment (PNNT), Gladstone Investment (GAIN), Capital Southwest (CSWC), Stellus Capital Investment (SCM), Oaktree Strategic Income (OCSI), Arlington Asset Investment (AI), Safeguard Scientifics (SFE), THL Credit (TCRD), Capitala Finance (CPTA), OFS Capital (OFS), Allied Minds (ALLWF), InvestcorpCreditManagementBDCInc . (ICMB) and Garrison Capital (GARS).

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, L.P (CLMT), Blackrock Capital Investment (BKCC), Energy Transfer LP Unit (ET), Washington Prime Group (WPG), Summit Midstream Partners (SMLP) and Viper Energy Partners (VNOM).

Triplepoint Venture Growth BDC's stock is owned by many different of institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (2.16%), UBS Group AG (1.81%), Alliancebernstein L.P. (1.24%), Advisors Asset Management Inc. (1.20%), Virtus ETF Advisers LLC (1.17%) and Van ECK Associates Corp (1.09%). Company insiders that own Triplepoint Venture Growth BDC stock include James Labe and Sajal Srivastava. View Institutional Ownership Trends for Triplepoint Venture Growth BDC.

TPVG stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, UBS Group AG, PNC Financial Services Group Inc., Advisors Asset Management Inc., Confluence Investment Management LLC, Sargent Investment Group LLC, Sargent Investment Group LLC and California Public Employees Retirement System. View Insider Buying and Selling for Triplepoint Venture Growth BDC.

TPVG stock was bought by a variety of institutional investors in the last quarter, including Resource America Inc., Virtus ETF Advisers LLC, Claybrook Capital LLC, Van ECK Associates Corp, Alliancebernstein L.P., Koshinski Asset Management Inc., Raymond James & Associates and Greenwich Investment Management Inc.. Company insiders that have bought Triplepoint Venture Growth BDC stock in the last two years include James Labe and Sajal Srivastava. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of TPVG stock can currently be purchased for approximately $12.82.

Triplepoint Venture Growth BDC has a market capitalization of $319.15 million and generates $64.65 million in revenue each year. The investment management company earns $36.56 million in net income (profit) each year or $1.71 on an earnings per share basis. View Additional Information About Triplepoint Venture Growth BDC.

The official website for Triplepoint Venture Growth BDC is http://www.tpvg.com/.

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]