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Runway Growth Finance Corp

RWAY
View Detailed Chart
8.850USD
-0.030-0.34%
Close 02/06, 16:00ETQuotes delayed by 15 min
319.79MMarket Cap
6.05P/E TTM

Runway Growth Finance Corp

8.850
-0.030-0.34%
Intraday
1m
30m
1h
D
W
M
D

Today

-0.34%

5 Days

-3.38%

1 Month

-4.63%

6 Months

-18.51%

Year to Date

-0.90%

1 Year

-23.18%

View Detailed Chart

Key Insights

Runway Growth Finance Corp's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 96 out of 397 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 10.67.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
96 / 397
Overall Ranking
152 / 4521
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 0.65, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 21.12M shares, decreasing 7.65% quarter-over-quarter.
Held by Invesco
Star Investor Invesco holds 27.77K shares of this stock.

Analyst Rating

Based on 10 analysts
Buy
Current Rating
10.667
Target Price
+20.12%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Runway Growth Finance Corp News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Runway Growth Finance Corp Info

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/
KeyAI