Wall Street brokerages expect Runway Progress Finance Corp. (NASDAQ:RWAY – Get Score) to report earnings for every share (EPS) of $.29 for the present quarter, according to Zacks. Two analysts have produced estimates for Runway Expansion Finance’s earnings, with estimates ranging from $.28 to $.29. The business is scheduled to announce its up coming earnings final results after the current market closes on Monday, January 1st.
On regular, analysts be expecting that Runway Growth Finance will report whole year earnings of $1.30 per share for the present-day fiscal yr, with EPS estimates ranging from $1.26 to $1.36. For the up coming financial year, analysts hope that the company will report earnings of $1.74 for every share, with EPS estimates ranging from $1.65 to $1.84. Zacks Investment decision Research’s earnings for every share averages are a necessarily mean typical based mostly on a survey of offer-aspect analysts that observe Runway Advancement Finance.
Runway Growth Finance (NASDAQ:RWAY – Get Rating) previous posted its earnings results on Thursday, March 3rd. The corporation described $.28 earnings for every share for the quarter, topping analysts’ consensus estimates of $.26 by $.02. Runway Development Finance experienced a return on fairness of 7.32% and a net margin of 63.93%.
A amount of analysts have weighed in on the organization. LADENBURG THALM/SH SH started off protection on Runway Advancement Finance in a report on Friday, April 22nd. They set a “buy” ranking and a $15.50 target rate for the organization. Zacks Financial investment Study elevated Runway Expansion Finance from a “hold” rating to a “buy” rating and established a $15.00 rate goal on the inventory in a investigation report on Wednesday, March 2nd. Ultimately, B. Riley upped their selling price concentrate on on Runway Progress Finance from $15.00 to $15.50 and gave the inventory a “buy” score in a investigate report on Monday, February 28th. Nine financial investment analysts have rated the stock with a obtain ranking, In accordance to MarketBeat.com, Runway Growth Finance at the moment has an ordinary rating of “Buy” and an average concentrate on price tag of $15.33.
Runway Expansion Finance inventory opened at $14.37 on Wednesday. The business’s fifty working day going regular is $13.72. The business has a speedy ratio of 1.12, a present ratio of 1.12 and a debt-to-fairness ratio of .13. Runway Progress Finance has a twelve thirty day period minimal of $11.84 and a twelve month large of $14.92.
The business also a short while ago declared a quarterly dividend, which was paid on Tuesday, March 22nd. Buyers of file on Tuesday, March 8th have been given a $.27 dividend. This signifies a $1.08 annualized dividend and a dividend yield of 7.52%. This is an maximize from Runway Advancement Finance’s prior quarterly dividend of $.25. The ex-dividend date was Monday, March 7th.
In similar news, CEO R David Spreng bought 5,000 shares of the business’s inventory in a transaction on Thursday, March 10th. The shares ended up bought at an ordinary cost of $12.35 for every share, with a complete benefit of $61,750.00. The acquisition was disclosed in a document submitted with the SEC, which is obtainable by the SEC web site. Also, Director Ocm Expansion Holdings Llc bought 17,566 shares of the business’s stock in a transaction on Wednesday, February 9th. The shares were purchased at an average price tag of $129,977.00 for every share, for a overall transaction of $2,283,175,982.00. The disclosure for this acquire can be identified in this article. Over the past three months, insiders procured 219,498 shares of organization stock really worth $2,285,838,374.
A number of institutional investors and hedge resources have just lately produced improvements to their positions in the enterprise. Hennion & Walsh Asset Management Inc. obtained a new stake in Runway Growth Finance for the duration of the 1st quarter worthy of about $161,000. BlackRock Inc. obtained a new stake in Runway Progress Finance all through the 4th quarter really worth about $25,000. Wells Fargo & Company MN obtained a new stake in Runway Progress Finance throughout the 4th quarter value about $359,000. Oaktree Money Administration LP obtained a new stake in Runway Growth Finance through the 4th quarter worthy of about $256,139,000. Lastly, Laurion Cash Administration LP acquired a new stake in Runway Expansion Finance for the duration of the 4th quarter worth about $1,794,000. .05% of the inventory is presently owned by institutional traders.
Runway Expansion Finance Enterprise Profile (Get Rating)
Runway Expansion Finance Corp. is a small business development organization specializing investments in senior-secured financial loans to late/progress stage enterprise corporations.
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