Runway Growth Finance/RWAY

$12.60

0.16%
-
1D1W1MYTD1YMAX

About Runway Growth Finance

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, life sciences, healthcare information and services, business 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 appreciation on its warrants and other equity positions. The Company invests in senior secured term loans and other senior debt obligations and also it 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

RWAY

Sector

Financials

Trading on

NASDAQ

Industry

Consumer Financial Services

CEO

Greg Greifeld

Employees

0

Headquarters

Chicago, United States

RWAY Metrics

BasicAdvanced
$504.75M
Market cap
11.38
P/E ratio
$1.09
EPS
-
Beta
$0.80
Dividend rate
12.84%
Dividend yield
$504.75M
$13.74
$10.33
337.12K
$0.80
93.238
93.238
165.36%
2.31%
3.99%
7.9%
4.06%
11.383
3.074
0.923
0.923
12.904
6.42%
12.84%
52.4%
38.05%
41.77%
-13.67%

What the Analysts think about RWAY

Analyst Ratings

Majority rating from 9 analysts.
Hold

Price Targets

Average projection from 7 analysts.
4.6% upside
High $14.00
Low $12.50
$12.60
Current price
$13.18
Average price target

RWAY Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-11.98% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$39.2M
-10.3%
Net income
$-4.7M
-131.76%
Profit margin
-11.98%
-135.38%

RWAY Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 8.78%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.45
$0.49
$0.54
$0.45
-
Expected
$0.45
$0.45
$0.47
$0.49
$0.45
Surprise
-0.34%
9.16%
15.44%
-8.78%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Runway Growth Finance stock?

Runway Growth Finance (RWAY) has a market cap of $504.75M as of April 18, 2024.

What is the P/E ratio for Runway Growth Finance stock?

The price to earnings (P/E) ratio for Runway Growth Finance (RWAY) stock is 11.38 as of April 18, 2024.

Does Runway Growth Finance stock pay dividends?

Yes, the Runway Growth Finance (RWAY) stock pays dividends to shareholders. As of April 18, 2024, the dividend rate is $0.8 and the yield is 12.84%. Runway Growth Finance has a payout ratio of 165.36% on a trailing twelve-month basis.

When is the next Runway Growth Finance dividend payment date?

The next Runway Growth Finance (RWAY) dividend payment date is unconfirmed.

What is the beta indicator for Runway Growth Finance?

Runway Growth Finance (RWAY) does not currently have a Beta indicator.

What is the Runway Growth Finance stock price target?

The target price for Runway Growth Finance (RWAY) stock is $13.18, which is 4.6% above the current price of $12.6. This is an average based on projections from 7 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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