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

5 Wall Street 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 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 Wall Street analysts have issued 12 month price objectives for TriplePoint Venture Growth BDC's shares. Their TPVG share price targets range from $8.75 to $13.50. On average, they predict the company's share price to reach $10.38 in the next twelve months. This suggests a possible upside of 9.0% 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 12.3% and is now trading at $9.52. 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 can I listen to TriplePoint Venture Growth BDC's earnings call?

TriplePoint Venture Growth BDC will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "7037324".

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

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) released its quarterly earnings data on Wednesday, March, 6th. The investment management company reported $0.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.49 by $0.02. The investment management company earned $32.97 million during the quarter, compared to the consensus estimate of $33.38 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%.

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

TriplePoint Venture Growth BDC announced 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 dividend on an annualized basis and a yield of 16.81%. 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 17.78%. 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other TriplePoint Venture Growth BDC investors own include Chembio Diagnostics (CEMI) , Prospect Capital (PSEC) , Two Harbors Investment (TWO) , New Residential Investment (NRZ) , Calumet Specialty Products Partners (CLMT) , Energy Transfer (ET) , BlackRock Capital Investment (BKCC) , Washington Prime Group (WPG) , Summit Midstream Partners (SMLP) and Alliance Resource Partners (ARLP) .

Who are TriplePoint Venture Growth BDC's major shareholders?

TriplePoint Venture Growth BDC's stock is owned by many different retail and institutional investors. Top institutional shareholders include Farmers & Merchants Investments Inc. (0.03%). 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 .

NYSE:TPVG

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

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Free TPVG Stock Alerts

$9.49

+0.35 (+3.83%)

(As of 04/19/2024 ET)

Compare

Today's Range: $9.15
▼
$9.68
50-Day Range: $8.96
▼
$11.02
52-Week Range: $8.88
▼
$12.70

Volume: 883,375 shs
Average Volume: 294,779 shs
Market Capitalization: $357.20 million

P/E Ratio: N/A
Dividend Yield: 16.85%
Price Target: $10.38

Get TriplePoint Venture Growth BDC alerts:

TriplePoint Venture Growth BDC MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.80 Rating Score
Upside/Downside: 9.0% Upside
$10.38 Price Target
Short Interest: Bearish
6.90% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 1.13
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.

1.20 out of 5 stars

Finance Sector

634th out of 844 stocks

Investors, Not Elsewhere Classified Industry

1st out of 15 stocks

1.9

Analyst's Opinion

Consensus Rating
TriplePoint Venture Growth BDC has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on no buy ratings, 4 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
TriplePoint Venture Growth BDC has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
6.90% of the float of TriplePoint Venture Growth BDC has been sold short.
Short Interest Ratio / Days to Cover
TriplePoint Venture Growth BDC has a short interest ratio ("days to cover") of 8.7.
Change versus previous month
Short interest in TriplePoint Venture Growth BDC has recently decreased by 2.66%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Leadership
TriplePoint Venture Growth BDC is a leading dividend payer. It pays a dividend yield of 17.78%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
TriplePoint Venture Growth BDC has only been increasing its dividend for 2 years.
Dividend Sustainability
Based on EPS estimates, TriplePoint Venture Growth BDC will have a dividend payout ratio of 96.39% in the coming year. This indicates that TriplePoint Venture Growth BDC may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TPVG.

3.4

News and Social Media Coverage

News Sentiment
TriplePoint Venture Growth BDC has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for TriplePoint Venture Growth BDC this week, compared to 2 articles on an average week.
Search Interest
Only 6 people have searched for TPVG on MarketBeat in the last 30 days. This is a decrease of -65% compared to the previous 30 days.
MarketBeat Follows
15 people have added TriplePoint Venture Growth BDC to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TriplePoint Venture Growth BDC insiders have bought more of their company's stock than they have sold. Specifically, they have bought $34,394.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.01% of the stock of TriplePoint Venture Growth BDC is held by insiders.
Percentage Held by Institutions
Only 12.77% of the stock of TriplePoint Venture Growth BDC is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for TriplePoint Venture Growth BDC are expected to decrease by -1.78% in the coming year, from $1.69 to $1.66 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TriplePoint Venture Growth BDC is -8.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of TriplePoint Venture Growth BDC is -8.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
TriplePoint Venture Growth BDC has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

TPVG Stock News Headlines

April 18, 2024 | marketbeat.com

My Ranking of the Best 6%+ Yielding Income Investments

March 19, 2024 | insidertrades.com

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) Director Purchases $23,375.00 in Stock

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 17, 2024 | businesswire.com

TriplePoint Venture Growth BDC Corp. to Announce 2024 First Quarter Financial Results on Wednesday, May 1, 2024

April 16, 2024 | finance.yahoo.com

TriplePoint Venture Growth BDC Corp. (TPVG)

April 14, 2024 | americanbankingnews.com

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) Receives Consensus Rating of "Reduce" from Analysts

April 12, 2024 | americanbankingnews.com

TriplePoint Venture Growth BDC (NYSE:TPVG) Share Price Crosses Below 200 Day Moving Average of $10.35

April 11, 2024 | seekingalpha.com

TriplePoint Venture Growth: Increased Probability Of A Dividend Cut (Downgrade)

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 26, 2024 | seekingalpha.com

TriplePoint Venture Growth: 17% Yield Now A Red Flag

March 25, 2024 | seekingalpha.com

BDC Weekly Review: Q4 Results Wrap-Up

March 20, 2024 | investing.com

TriplePoint director Katherine Park buys $23,375 in company stock

March 18, 2024 | benzinga.com

Top 3 Financial Stocks That May Explode This Quarter - AtlasClear Holdings (AMEX:ATCH), Great Ajax (NYSE:AJX)

March 13, 2024 | msn.com

Instant Settlement Needed to Compete With Crypto, India's Markets Regulator Says

March 13, 2024 | finance.yahoo.com

TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) Q4 2023 Earnings Call Transcript

March 12, 2024 | ca.finance.yahoo.com

TPVG Apr 2024 7.500 call

March 11, 2024 | seekingalpha.com

TriplePoint Venture Growth: Should You Be Worried About The Dividend In 2024?

March 7, 2024 | finance.yahoo.com

TriplePoint Venture Growth BDC Corp Reports Solid FY2023 Earnings and Declares Q1 2024 Distribution

March 7, 2024 | msn.com

TriplePoint Venture Growth cut to Market Perform at JMP amid no signs of inflection

March 7, 2024 | finance.yahoo.com

Q4 2023 Triplepoint Venture Growth BDC Corp Earnings Call

March 6, 2024 | msn.com

TriplePoint Venture Growth BDC stock slumps after Q4 earnings slip

March 6, 2024 | markets.businessinsider.com

TPVG Stock Earnings: TriplePoint Venture Gwth Misses EPS, Misses Revenue for Q4 2023

March 6, 2024 | msn.com

TriplePoint Venture Growth Q4 2023 Earnings Preview

March 6, 2024 | washingtonpost.com

TriplePoint Venture Growth: Q4 Earnings Snapshot

March 6, 2024 | businesswire.com

TriplePoint Venture Growth BDC Corp. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

March 5, 2024 | markets.businessinsider.com

TriplePoint Venture Growth BDC is about to announce its earnings — here's what Wall Street expects

March 5, 2024 | finance.yahoo.com

TPVG Apr 2024 12.500 call

See More Headlines

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Company Calendar

Last Earnings: 3/06/2024
Ex-Dividend for 3/29 Dividend: 3/13/2024
Dividend Payable: 3/29/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Investors, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NYSE:TPVG
CUSIP: N/A
CIK: 1580345
Web: www.tpvg.com
Phone: (650) 854-2090
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: +11.9%
Consensus Rating: Reduce
Rating Score (0-4): 1.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.10)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 5.49
P/E Growth: N/A
Net Income: $-39,820,000.00
Net Margins: -28.96%
Pretax Margin: 53.68%
Return on Equity: 19.50%
Return on Assets: 7.27%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.28
Quick Ratio: 0.28

Sales & Book Value

Annual Sales: $137.49 million
Price / Sales: 2.54
Cash Flow: $2.09 per share
Price / Cash Flow: 4.43
Book Value: $9.60 per share
Price / Book: 0.97

Miscellaneous

Outstanding Shares: 37,620,000
Free Float: 37,616,000
Market Cap: $348.74 million
Optionable: Optionable
Beta: 1.77

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Key Executives

Mr. James Peter Labe (Age 67)
Co-Founder, Chairman & CEO
Mr. Sajal K. Srivastava (Age 48)
Co-Founder, President, Chief Investment Officer, Secretary, Treasurer & Director
Mr. Christopher M. Mathieu (Age 59)
Chief Financial Officer
Mr. Alan Oshiki
Investor Relation - Abernathy MacGregor Group
Mr. Steven Mitchell Levinson (Age 57)
Chief Compliance Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TPVG Stock Analysis - Frequently Asked Questions

Should I buy or sell TriplePoint Venture Growth BDC stock right now?: 5 Wall Street 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 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 Wall Street analysts have issued 12 month price objectives for TriplePoint Venture Growth BDC's shares. Their TPVG share price targets range from $8.75 to $13.50. On average, they predict the company's share price to reach $10.38 in the next twelve months. This suggests a possible upside of 9.0% 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 12.3% and is now trading at $9.52.
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 can I listen to TriplePoint Venture Growth BDC's earnings call?: TriplePoint Venture Growth BDC will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "7037324".
How were TriplePoint Venture Growth BDC's earnings last quarter?: TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) released its quarterly earnings data on Wednesday, March, 6th. The investment management company reported $0.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.49 by $0.02. The investment management company earned $32.97 million during the quarter, compared to the consensus estimate of $33.38 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%.

How often does TriplePoint Venture Growth BDC pay dividends? What is the dividend yield for TriplePoint Venture Growth BDC?: TriplePoint Venture Growth BDC announced 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 dividend on an annualized basis and a yield of 16.81%. 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 17.78%. 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?: Based on aggregate information from My MarketBeat watchlists, some companies that other TriplePoint Venture Growth BDC investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Two Harbors Investment (TWO), New Residential Investment (NRZ), Calumet Specialty Products Partners (CLMT), Energy Transfer (ET), BlackRock Capital Investment (BKCC), Washington Prime Group (WPG), Summit Midstream Partners (SMLP) and Alliance Resource Partners (ARLP).
Who are TriplePoint Venture Growth BDC's major shareholders?: TriplePoint Venture Growth BDC's stock is owned by many different retail and institutional investors. Top institutional shareholders include Farmers & Merchants Investments Inc. (0.03%). 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 4/19/2024 by MarketBeat.com Staff

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

TriplePoint Venture Growth BDC MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About TriplePoint Venture Growth BDC Stock (NYSE:TPVG)

TPVG Stock Price History

TPVG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

TPVG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™