Runway Growth Finance Corp. (NASDAQ:RWAY – Get Rating) declared a quarterly dividend on Thursday, April 28th, Zacks stories. Investors of file on Tuesday, Might 10th will be paid out a dividend of .30 for each share on Tuesday, May 24th. This represents a $1.20 dividend on an annualized basis and a yield of 8.35%. The ex-dividend day is Monday, May possibly 9th. This is a strengthen from Runway Advancement Finance’s past quarterly dividend of $.27.
Shares of RWAY opened at $14.37 on Friday. The firm has a 50-working day going common of $13.72. Runway Progress Finance has a 1 yr very low of $11.84 and a 1 year higher of $14.92. The business has a financial debt-to-fairness ratio of .13, a current ratio of 1.12 and a swift ratio of 1.12.
Runway Growth Finance (NASDAQ:RWAY – Get Ranking) final announced its quarterly earnings data on Thursday, March 3rd. The firm reported $.28 earnings for every share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $.26 by $.02. Runway Expansion Finance experienced a return on fairness of 7.32% and a web margin of 63.93%. As a team, provide-facet analysts assume that Runway Advancement Finance will put up 1.3 EPS for the recent year.
A variety of analysts have a short while ago weighed in on the company. LADENBURG THALM/SH SH assumed protection on Runway Development Finance in a analysis report on Friday, April 22nd. They set a “buy” rating and a $15.50 value concentrate on on the stock. B. Riley enhanced their rate goal on Runway Development Finance from $15.00 to $15.50 and gave the stock a “buy” score in a analysis report on Monday, February 28th. At last, Zacks Financial investment Analysis upgraded Runway Expansion Finance from a “hold” ranking to a “buy” rating and established a $15.00 concentrate on selling price on the stock in a research report on Wednesday, March 2nd. 9 expenditure analysts have rated the stock with a obtain score, In accordance to facts from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average value target of $15.33.
In other Runway Advancement Finance news, CEO R David Spreng acquired 5,000 shares of the business’s inventory in a transaction that occurred on Thursday, March 10th. The stock was acquired at an typical selling price of $12.35 for each share, with a total benefit of $61,750.00. The acquisition was disclosed in a legal filing with the SEC, which is available by this hyperlink. Also, Director Ocm Advancement Holdings Llc obtained 19,521 shares of the business’s stock in a transaction that transpired on Monday, January 31st. The shares were being acquired at an typical price tag of $12.68 for each share, with a whole price of $247,526.28. The disclosure for this obtain can be observed in this article. Insiders have purchased 219,498 shares of firm inventory value $2,285,838,374 in the past quarter.
A selection of institutional traders and hedge money have recently modified their holdings of the stock. BlackRock Inc. purchased a new posture in Runway Advancement Finance in the course of the fourth quarter valued at about $25,000. Marshall Wace LLP purchased a new posture in Runway Expansion Finance for the duration of the fourth quarter valued at about $161,000. Geode Money Management LLC acquired a new place in Runway Advancement Finance for the duration of the fourth quarter valued at about $206,000. Goldman Sachs Group Inc. purchased a new position in Runway Growth Finance throughout the fourth quarter valued at about $296,000. Last but not least, Wells Fargo & Corporation MN purchased a new stake in shares of Runway Progress Finance in the 4th quarter valued at somewhere around $359,000. Hedge resources and other institutional investors own .05% of the company’s inventory.
About Runway Growth Finance (Get Score)
Runway Progress Finance Corp. is a business enterprise development corporation specializing investments in senior-secured loans to late/expansion phase enterprise firms.
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