Runway Growth Finance (RWAY) Stock Price, News & Analysis

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Runway Growth Finance in the last twelve months. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RWAY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RWAY, but not buy additional shares or sell existing shares.
View RWAY analyst ratings or view top-rated stocks.

7 brokers have issued twelve-month target prices for Runway Growth Finance's shares. Their RWAY share price targets range from $12.00 to $13.75. On average, they predict the company's stock price to reach $13.04 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price.
View analysts price targets for RWAY or view top-rated stocks among Wall Street analysts.

Runway Growth Finance's stock was trading at $12.62 at the beginning of the year. Since then, RWAY stock has increased by 0.2% and is now trading at $12.64.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our RWAY earnings forecast.

Runway Growth Finance will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Runway Growth Finance Corp. (NASDAQ:RWAY) posted its earnings results on Thursday, March, 7th. The company reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.49 by $0.04. The firm earned $39.23 million during the quarter, compared to analyst estimates of $40.26 million. Runway Growth Finance had a net margin of 27.00% and a trailing twelve-month return on equity of 13.85%. During the same quarter last year, the company earned $0.45 earnings per share.

Runway Growth Finance announced a quarterly dividend on Thursday, February 1st. Shareholders of record on Monday, February 12th will be given a dividend of $0.47 per share on Wednesday, February 28th. This represents a $1.88 annualized dividend and a yield of 14.87%. The ex-dividend date of this dividend is Friday, February 9th.
Read our dividend analysis for RWAY.

Runway Growth Finance (NASDAQ:RWAY) pays an annual dividend of $1.60 per share and currently has a dividend yield of 12.75%. RWAY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 145.45%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, RWAY will have a dividend payout ratio of 88.89% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for RWAY.

ETFs with the largest weight of Runway Growth Finance (NASDAQ:RWAY) stock in their portfolio include Kingsbarn Dividend Opportunity ETF (DVDN) and Putnam BDC Income ETF (PBDC).Virtus Private Credit Strategy ETF (VPC).

Runway Growth Finance (RWAY) raised $104 million in an initial public offering on Thursday, October 21st 2021. The company issued 6,900,000 shares at $14.60-$15.60 per share. J.P. Morgan, Morgan Stanley, Wells Fargo Securities and UBS Investment Bank acted as the underwriters for the IPO and Oppenheimer & Co., B. Riley Securities, Compass Point and Hovde Group, LLC were co-managers.

Runway Growth Finance's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Hennion & Walsh Asset Management Inc. (0.66%). Insiders that own company stock include John F Engel, Multi-Strategy Mast Brookfield, Ocm Growth Holdings Llc, R David Spreng and Thomas B Raterman.
View institutional ownership trends.

Shares of RWAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.