Runway Growth Finance Corp's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 35 out of 399 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 10.80.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Runway Growth Finance Corp's Score
Industry at a Glance
Industry Ranking
35 / 399
Overall Ranking
95 / 4562
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Runway Growth Finance Corp Highlights
StrengthsRisks
Runway Growth Finance Corp. is a specialty finance company. The Company is focused on providing senior secured loans to high growth-potential companies in technology, healthcare, business services, financial services, select consumer services and products and other high-growth industries. Its investment objective is to maximize its total return to its stockholders primarily through current income on the Company's loan portfolio and secondarily through capital gain (loss) on its warrants and other equity positions. The Company invests in senior secured term loans and other senior debt obligations, and it also invests in second lien loans issued by high growth-potential companies. The Company originates its investments through two strategies: Sponsored Growth Lending and Non-Sponsored Growth Lending. It also invests in secured loans, and acquires equity securities as well, including warrants. The Company is externally managed by Runway Growth Capital LLC (RGC).
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 92.62% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 154.49M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 94.91%.
Undervalued
The company’s latest PB is 0.69, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 20.77M shares, decreasing 2.68% quarter-over-quarter.
Runway Growth Finance Corp. is a specialty finance company. The Company is focused on providing senior secured loans to high growth-potential companies in technology, healthcare, business services, financial services, select consumer services and products and other high-growth industries. Its investment objective is to maximize its total return to its stockholders primarily through current income on the Company's loan portfolio and secondarily through capital gain (loss) on its warrants and other equity positions. The Company invests in senior secured term loans and other senior debt obligations, and it also invests in second lien loans issued by high growth-potential companies. The Company originates its investments through two strategies: Sponsored Growth Lending and Non-Sponsored Growth Lending. It also invests in secured loans, and acquires equity securities as well, including warrants. The Company is externally managed by Runway Growth Capital LLC (RGC).
Ticker SymbolRWAY
CompanyRunway Growth Finance Corp
CEOSpreng (R. David)
Websitehttps://investors.runwaygrowth.com/
FAQs
What is the current price of Runway Growth Finance Corp (RWAY)?
The current price of Runway Growth Finance Corp (RWAY) is 9.300.
What is the symbol of Runway Growth Finance Corp?
The ticker symbol of Runway Growth Finance Corp is RWAY.
What is the 52-week high of Runway Growth Finance Corp?
The 52-week high of Runway Growth Finance Corp is 11.730.
What is the 52-week low of Runway Growth Finance Corp?
The 52-week low of Runway Growth Finance Corp is 8.350.
What is the market capitalization of Runway Growth Finance Corp?
The market capitalization of Runway Growth Finance Corp is 336.05M.
What is the net income of Runway Growth Finance Corp?
The net income of Runway Growth Finance Corp is 73.61M.
Is Runway Growth Finance Corp (RWAY) currently rated as Buy, Hold, or Sell?
According to analysts, Runway Growth Finance Corp (RWAY) has an overall rating of Hold, with a price target of 10.800.
What is the Earnings Per Share (EPS TTM) of Runway Growth Finance Corp (RWAY)?
The Earnings Per Share (EPS TTM) of Runway Growth Finance Corp (RWAY) is 1.464.