Runway Growth Finance Corp. (RWAY)

Market Cap	381.48M
Revenue (ttm)	150.08M
Net Income (ttm)	40.60M
Shares Out	37.40M
EPS (ttm)	1.02
PE Ratio	9.95
Forward PE	6.36
Dividend	$0.40 (3.92%)
Ex-Dividend Date	Nov 18, 2024

Volume	239,697
Open	10.35
Previous Close	10.24
Day's Range	10.13 - 10.36
52-Week Range	9.87 - 13.74
Beta	0.51
Analysts	Buy
Price Target	11.68 (+14.51%)
Earnings Date	Nov 12, 2024

About RWAY

Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies. It prefers to make investments in companies engaged in the technology, life sciences, healthcare and information services, business services and select consumer services and products sectors. It prefers to investments in companies engaged in electronic equipment and instruments, systems software, hardware, storage and peripherals and specialized consumer services, application software, healthcare tec...

• Industry: Credit Services
• Sector: Financials
• IPO Date: Oct 21, 2021
• Employees: 1,050
• Stock Exchange: NASDAQ
• Ticker Symbol: RWAY
• Website: https://investors.runwaygrowth.com

Financial Performance

In 2023, Runway Growth Finance's revenue was $164.21 million, an increase of 52.40% compared to the previous year's $107.75 million. Earnings were $44.34 million, an increase of 37.49%.

Analyst Forecast

According to 9 analysts, the average rating for RWAY stock is "Buy." The 12-month stock price forecast is $11.68, which is an increase of 14.51% from the latest price.

Price Target

$11.68

(14.51% upside)

Analyst Consensus: Buy