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

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TriplePoint Venture Growth BDC in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TPVG shares.
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4 equities research analysts have issued 12-month price objectives for TriplePoint Venture Growth BDC's shares. Their TPVG share price forecasts range from $14.50 to $19.00. On average, they anticipate the company's stock price to reach $16.81 in the next twelve months. This suggests a possible upside of 54.8% 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 $17.96 at the beginning of 2022. Since then, TPVG stock has decreased by 39.5% and is now trading at $10.86.
View the best growth stocks for 2022 here.

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

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) released its earnings results on Wednesday, August, 3rd. The investment management company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.04. The investment management company had revenue of $27.43 million for the quarter, compared to the consensus estimate of $24.48 million. TriplePoint Venture Growth BDC had a net margin of 43.80% and a trailing twelve-month return on equity of 11.53%. During the same period in the previous year, the firm posted $0.30 earnings per share.

TriplePoint Venture Growth BDC announced a quarterly dividend on Wednesday, July 27th. Investors of record on Thursday, September 15th will be given a dividend of $0.36 per share on Friday, September 30th. This represents a $1.44 dividend on an annualized basis and a yield of 13.26%. The ex-dividend date of this dividend is Wednesday, September 14th.
Read our dividend analysis for TPVG.

TriplePoint Venture Growth BDC (NYSE:TPVG) pays an annual dividend of $1.44 per share and currently has a dividend yield of 13.26%. 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.

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."

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 $10.86.

TriplePoint Venture Growth BDC (NYSE:TPVG) has a market capitalization of $337.06 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.

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.