Runway Growth Finance Corp. (RWAY)
| Market Cap | 516.49M |
| Revenue (ttm) | 164.21M |
| Net Income (ttm) | 44.34M |
| Shares Out | 40.51M |
| EPS (ttm) | 1.09 |
| PE Ratio | 11.68 |
| Forward PE | 6.86 |
| Dividend | $1.83 (14.38%) |
| Ex-Dividend Date | Feb 9, 2024 |
| Volume | 300,139 |
| Open | 12.56 |
| Previous Close | 12.56 |
| Day's Range | 12.56 - 12.79 |
| 52-Week Range | 10.47 - 13.74 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 12.88 (+1.18%) |
| Earnings Date | May 7, 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... [Read more]
Financial Performance
In 2023, RWAY'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%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for RWAY stock is "Buy." The 12-month stock price forecast is $12.88, which is an increase of 1.18% from the latest price.
News
Runway Growth Capital Provides a $40 Million Growth Investment to CarNow
The funding will enable CarNow to accelerate product development and enhance its suite of digital retailing solutions to drive innovation in the car industry. MENLO PARK, Calif.
Runway Growth Finance Corp. Announces Date for First Quarter 2024 Financial Results and Conference Call
MENLO PARK, Calif., April 11, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companie...
Runway Growth Finance Corp. Provides First Quarter 2024 Portfolio Update
Completed Two Investments in New and Existing Portfolio Companies Representing $25.0 Million in Funded Loans Completed Two Investments in New and Existing Portfolio Companies Representing $25.0 Millio...
Runway Growth Finance Corp. Reports Fourth Quarter and Fiscal Year Ended 2023 Financial Results
Delivered Total and Net Investment Income of $39.2 million and $18.3 million, Respectively Investment Portfolio of $1.0 billion Conference Call Today, Thursday, March 7, 2024 at 5:00 p.m. ET MENLO PAR...
Runway Growth Finance Corp. Announces Joint Venture with Cadma Capital Partners
MENLO PARK, Calif., March 07, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and grow...
Runway Growth Finance Corp. Announces First Quarter Regular Dividend of $0.40 and $0.07 Supplemental Distribution
MENLO PARK, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growt...
Runway Growth Capital Announces Results From Third Venture Debt Review Survey
Demand for debt remains strong, interest in non-bank specialty lenders is on the rise, and lender reputation has become increasingly important following the collapse of Silicon Valley Bank. MENLO PARK...
Runway Growth Finance Corp. Announces Date for Fourth Quarter and Full Year 2023 Financial Results and Conference Call
MENLO PARK, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies...
Runway Growth Finance Corp. Provides Fourth Quarter 2023 Portfolio Update
MENLO PARK, Calif., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growt...
KBW Announces Index Rebalancing for Fourth-Quarter 2023
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
Runway Growth Capital Provides a $50 Million Debt Commitment to Linxup
Financing will provide Linxup with working capital to aid its growth as a supplier of GPS tracking, telematics and various vehicle data points for commercial vehicles. MENLO PARK, Calif.
Runway Growth Finance Corp. Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders
MENLO PARK, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (the “Company” or “Runway Growth”), a specialty finance company focused on providing senior secured loa...
Runway Growth Finance Corp. Announces Secondary Offering of Common Stock by Selling Stockholders
MENLO PARK, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (the “Company” or “Runway Growth”) a specialty finance company focused on providing senior secured loan...
Runway Growth Finance Corp. Reports Third Quarter 2023 Financial Results
Delivered Total and Net Investment Income of $43.8 and $22.0 Million, Respectively Investment Portfolio of $1.0 Billion Conference Call Today, Tuesday, November 7, at 5:00 p.m. ET MENLO PARK, Calif.
Runway Growth Finance Corp. Announces Fourth Quarter Dividend of $0.40 with $0.06 Supplemental Distribution
MENLO PARK, Calif., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growt...
Runway Growth Capital Named in Inc.'s 2023 List of Founder-Friendly Investors
Runway's inaugural appearance on the list demonstrates the firm's commitment to driving supportive partnerships for companies seeking alternatives to highly dilutive equity. MENLO PARK, Calif.
Runway Growth Finance Corp. Announces Date for Third Quarter 2023 Financial Results and Conference Call
MENLO PARK, Calif., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies...
Runway Growth Finance Corp. Reports Second Quarter 2023 Financial Results
Delivered Total and Net Investment Income of $41.9 and $19.7 Million, Respectively Investment Portfolio of $1.1 Billion Conference Call Today, Tuesday, August 8, at 5:00 p.m. ET MENLO PARK, Calif.
Runway Growth Finance Corp. Announces Third Quarter Dividend of $0.40 with $0.05 Supplemental Distribution
MENLO PARK, Calif., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies...
Mid-sized private companies are more ‘cautiously optimistic' but no one knows where the economy is headed, lender says
Runway Growth Capital expects its deal pipeline for loans to late-stage private companies to pick up steam in 2023 after a slower start to the year.
Runway Growth Finance Corp. CEO Takes Medical Leave of Absence
MENLO PARK, Calif., July 31, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies...
Runway Growth Capital Provides a $40 Million Senior Secured Term Loan to Elevate
Financing will fuel Elevate's continuing growth as an expert-led, software-powered law company MENLO PARK, Calif. , July 19, 2023 /PRNewswire/ -- Runway Growth Capital LLC ("Runway"), a leading provi...
Runway Growth Finance Corp. Announces Date for Second Quarter 2023 Financial Results and Conference Call
WOODSIDE, Calif., July 12, 2023 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies s...
Runway Growth Finance Corp. Provides Second Quarter 2023 Portfolio Update
Completed Four Investments in Existing Portfolio Companies Representing $50.9 Million in Funded Loans Completed Four Investments in Existing Portfolio Companies Representing $50.9 Million in Funded Lo...