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S&P 500   5,246.74
DOW   39,826.92
QQQ   444.85
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
7 Stocks That Will Drive the Weight Loss Drugs Market
S&P 500   5,246.74
DOW   39,826.92
QQQ   444.85
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
7 Stocks That Will Drive the Weight Loss Drugs Market
S&P 500   5,246.74
DOW   39,826.92
QQQ   444.85
Stock market today: World shares are mostly higher after S&P 500 sets another record
Best Bear Market Funds: Top 3 Investment Options to Consider
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal
Merck, Cintas rise; GameStop, MiMedx fall, Wednesday, 3/27/2024
7 Stocks That Will Drive the Weight Loss Drugs Market
NYSE:TPVG

TriplePoint Venture Growth BDC (TPVG) Stock Price, News & Analysis

$9.36
+0.04 (+0.43%)
(As of 09:08 AM ET)
Today's Range
$9.36
$9.36
50-Day Range
$9.02
$11.49
52-Week Range
$8.94
$12.70
Volume
796 shs
Average Volume
288,226 shs
Market Capitalization
$352.12 million
P/E Ratio
N/A
Dividend Yield
17.09%
Price Target
$10.38

TriplePoint Venture Growth BDC MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.80 Rating Score
Upside/​Downside
11.3% Upside
$10.38 Price Target
Short Interest
Bearish
7.09% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.05mentions of TriplePoint Venture Growth BDC in the last 14 days
Based on 5 Articles This Week
Insider Trading
Acquiring Shares
$34,394 Bought Last Quarter
Proj. Earnings Growth
-1.78%
From $1.69 to $1.66 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.11 out of 5 stars

Finance Sector

617th out of 857 stocks

Investors, Not Elsewhere Classified Industry

2nd out of 15 stocks

TPVG stock logo

About TriplePoint Venture Growth BDC Stock (NYSE:TPVG)

TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.

TPVG Stock Price History

TPVG Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
TriplePoint Venture Growth: 17% Yield Now A Red Flag
BDC Weekly Review: Q4 Results Wrap-Up
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
TPVG Apr 2024 7.500 call
TriplePoint Venture Growth: Q4 Earnings Snapshot
TPVG Apr 2024 12.500 call
TriplePoint Venture Growth BDC Corp
See More Headlines
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Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Ex-Dividend for 3/29 Dividend
3/13/2024
Today
3/27/2024
Dividend Payable
3/29/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investors, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.38
High Stock Price Target
$13.50
Low Stock Price Target
$8.75
Potential Upside/Downside
+11.3%
Consensus Rating
Reduce
Rating Score (0-4)
1.80
Research Coverage
5 Analysts

Profitability

Net Income
$-39,820,000.00
Pretax Margin
53.68%

Debt

Sales & Book Value

Annual Sales
$137.49 million
Cash Flow
$2.09 per share
Book Value
$9.60 per share

Miscellaneous

Free Float
37,093,000
Market Cap
$350.62 million
Optionable
Optionable
Beta
1.79
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TPVG Stock Analysis - Frequently Asked Questions

Should I buy or sell TriplePoint Venture Growth BDC stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TriplePoint Venture Growth BDC in the last year. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" TPVG shares.
View TPVG analyst ratings
or view top-rated stocks.

What is TriplePoint Venture Growth BDC's stock price target for 2024?

5 brokerages have issued 1-year target prices for TriplePoint Venture Growth BDC's shares. Their TPVG share price targets range from $8.75 to $13.50. On average, they expect the company's share price to reach $10.38 in the next year. This suggests a possible upside of 11.3% from the stock's current price.
View analysts price targets for TPVG
or view top-rated stocks among Wall Street analysts.

How have TPVG shares performed in 2024?

TriplePoint Venture Growth BDC's stock was trading at $10.86 at the start of the year. Since then, TPVG stock has decreased by 14.2% and is now trading at $9.32.
View the best growth stocks for 2024 here
.

When is TriplePoint Venture Growth BDC's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our TPVG earnings forecast
.

How were TriplePoint Venture Growth BDC's earnings last quarter?

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) posted its earnings results on Tuesday, November, 2nd. The investment management company reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.34 by $0.02. The investment management company earned $21.23 million during the quarter, compared to analyst estimates of $22.27 million. TriplePoint Venture Growth BDC had a negative net margin of 28.96% and a positive trailing twelve-month return on equity of 19.50%. During the same period last year, the firm posted $0.40 earnings per share.

How often does TriplePoint Venture Growth BDC pay dividends? What is the dividend yield for TriplePoint Venture Growth BDC?

TriplePoint Venture Growth BDC declared a quarterly dividend on Tuesday, February 27th. Stockholders of record on Thursday, March 14th will be given a dividend of $0.40 per share on Friday, March 29th. This represents a $1.60 annualized dividend and a yield of 17.17%. The ex-dividend date of this dividend is Wednesday, March 13th.
Read our dividend analysis for TPVG
.

Is TriplePoint Venture Growth BDC a good dividend stock?

TriplePoint Venture Growth BDC (NYSE:TPVG) pays an annual dividend of $1.60 per share and currently has a dividend yield of 17.56%. TPVG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for TPVG.

What ETFs hold TriplePoint Venture Growth BDC's stock?

ETFs with the largest weight of TriplePoint Venture Growth BDC (NYSE:TPVG) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD) and Virtus Private Credit Strategy ETF (VPC).VanEck BDC Income ETF (BIZD).

What other stocks do shareholders of TriplePoint Venture Growth BDC own?
Who are TriplePoint Venture Growth BDC's major shareholders?

TriplePoint Venture Growth BDC's stock is owned by a number of institutional and retail investors. Top institutional investors include International Assets Investment Management LLC (3.51%), Van ECK Associates Corp (1.83%), Legal & General Group Plc (0.74%), International Assets Investment Management LLC (0.32%), Virtus ETF Advisers LLC (0.18%) and Quadrature Capital Ltd (0.17%). Insiders that own company stock include Christopher M Mathieu, Cynthia M Fornelli, Katherine J Park and Stephen Cassani.
View institutional ownership trends
.

How do I buy shares of TriplePoint Venture Growth BDC?

Shares of TPVG 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.

This page (NYSE:TPVG) was last updated on 3/28/2024 by MarketBeat.com Staff

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