Runway Growth Finance Corp. (NASDAQ:RWAY – Get Ranking) has been specified an common ranking of “Buy” by the 8 exploration firms that are presently masking the enterprise, MarketBeat Ratings reviews. 7 expenditure analysts have rated the inventory with a get recommendation. The average 12 thirty day period focus on cost amongst brokerages that have up to date their protection on the inventory in the last yr is $15.25.
RWAY has been the issue of a selection of analysis reviews. Hovde Team lowered their cost aim on Runway Development Finance to $13.50 in a exploration report on Friday, Might 20th. LADENBURG THALM/SH SH initiated protection on Runway Development Finance in a research report on Friday, April 22nd. They issued a “buy” ranking and a $15.50 selling price goal for the business.
Runway Advancement Finance Stock Down .3 %
Shares of NASDAQ:RWAY opened at $12.98 on Thursday. Runway Advancement Finance has a twelve thirty day period minimal of $10.76 and a twelve thirty day period superior of $14.92. The company has a personal debt-to-equity ratio of .26, a fast ratio of .74 and a latest ratio of .74. The business enterprise has a fifty day shifting ordinary of $12.45 and a 200-working day moving ordinary of $13.13.
Runway Growth Finance (NASDAQ:RWAY – Get Ranking) past declared its earnings benefits on Thursday, Could 5th. The company reported $.30 earnings for each share for the quarter, beating analysts’ consensus estimates of $.29 by $.01. Runway Development Finance experienced a return on equity of 7.47% and a net margin of 52.70%. The enterprise had revenue of $19.26 million during the quarter, in contrast to analyst estimates of $19.20 million. Analysts forecast that Runway Expansion Finance will post 1.3 earnings for each share for the present fiscal calendar year.
Runway Expansion Finance Boosts Dividend
The small business also a short while ago declared a quarterly dividend, which will be paid out on Tuesday, August 23rd. Stockholders of report on Tuesday, August 9th will be offered a dividend of $.33 per share. This is a favourable change from Runway Expansion Finance’s prior quarterly dividend of $.30. This represents a $1.32 annualized dividend and a dividend produce of 10.17%. The ex-dividend date of this dividend is Monday, August 8th.
Insider Transactions at Runway Advancement Finance
In linked news, CEO R David Spreng bought 5,000 shares of the firm’s inventory in a transaction dated Tuesday, June 21st. The inventory was acquired at an common price of $11.75 for every share, for a total transaction of $58,750.00. Pursuing the transaction, the main govt officer now owns 49,604 shares of the company’s stock, valued at $582,847. The transaction was disclosed in a doc submitted with the SEC, which is offered by the SEC web site.
Hedge Resources Weigh In On Runway Expansion Finance
Various institutional buyers have a short while ago modified their holdings of the company. Catalyst Money Advisors LLC acquired a new posture in shares of Runway Growth Finance throughout the 1st quarter valued at about $35,000. Engineers Gate Manager LP lifted its holdings in shares of Runway Development Finance by 56.7% in the course of the 1st quarter. Engineers Gate Supervisor LP now owns 27,817 shares of the company’s inventory valued at $378,000 soon after paying for an supplemental 10,068 shares in the previous quarter. HighTower Advisors LLC lifted its holdings in shares of Runway Progress Finance by 5.9% through the 1st quarter. HighTower Advisors LLC now owns 201,549 shares of the company’s inventory valued at $2,736,000 right after purchasing an further 11,204 shares in the last quarter. Hennion & Walsh Asset Management Inc. acquired a new posture in shares of Runway Development Finance in the course of the 1st quarter valued at about $161,000. Ultimately, Bulldog Buyers LLP bought a new stake in Runway Progress Finance in the 4th quarter valued at around $154,000.
Runway Advancement Finance Company Profile
Runway Expansion Finance Corp. is a small business enhancement organization specializing investments in senior-secured loans to late stage, expansion phase enterprise corporations. It prefers to make investments in businesses engaged in the engineering, lifetime sciences, electronic equipment & devices. programs software package, health care devices components, storage & peripherals and specialized client services, web retail, healthcare know-how, human useful resource work providers, education, biotechnology, software software program health care and data products and services, small business providers and decide on shopper products and services and merchandise industries.
Study Much more
Get Information & Scores for Runway Progress Finance Each day – Enter your electronic mail tackle underneath to get a concise daily summary of the latest news and analysts’ ratings for Runway Advancement Finance and connected providers with MarketBeat.com’s Totally free daily e mail newsletter.