Runway Growth Finance Corp. (RWAY)

NASDAQ: RWAY · IEX Real-Time Price · USD
12.26
-0.02 (-0.16%)
At close: Dec 7, 2022 4:00 PM
11.93
-0.33 (-2.69%)
After-hours: Dec 7, 2022 4:24 PM EST
-0.16%
Market Cap 497.64M
Revenue (ttm) 89.33M
Net Income (ttm) 33.06M
Shares Out 40.77M
EPS (ttm) 0.67
PE Ratio 18.30
Forward PE 7.28
Dividend $1.26 (10.28%)
Ex-Dividend Date Nov 7, 2022
Volume 792,836
Open 12.23
Previous Close 12.28
Day's Range 12.18 - 12.43
52-Week Range 10.76 - 14.92
Beta n/a
Analysts Buy
Price Target 15.08 (+23.0%)
Earnings Date Nov 3, 2022

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]

Industry Credit Services
IPO Date Oct 21, 2021
Country United States
Stock Exchange NASDAQ
Ticker Symbol RWAY
Full Company Profile

Financial Performance

In 2021, RWAY's revenue was $71.36 million, an increase of 23.83% compared to the previous year's $57.63 million. Earnings were $45.62 million, a decrease of -2.90%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for RWAY stock is "Buy." The 12-month stock price forecast is 15.08, which is an increase of 23.00% from the latest price.

Price Target
$15.08
(23.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Runway Growth Finance Corp. Prices Offering of 8.00% Notes due 2027

WOODSIDE, Calif., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (the “Company”) (Nasdaq: RWAY), an externally managed business development company, today announced that it has priced an ...

1 week ago - GlobeNewsWire

Runway Growth Finance Corp. Commences Offering of Notes

WOODSIDE, Calif., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (the “Company”) (Nasdaq: RWAY), an externally managed business development company, today announced that it has commenced ...

1 week ago - GlobeNewsWire

Wall Street Analysts Think Runway Growth Finance Corp. (RWAY) Could Surge 25%: Read This Before Placing a Bet

The consensus price target hints at a 25% upside potential for Runway Growth Finance Corp. (RWAY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in ea...

3 weeks ago - Zacks Investment Research

Runway Growth Capital Announces a $75 Million Credit Facility With Brivo Systems

Runway's Growth Capital Will Allow Brivo to Continue Driving Transformative Growth WOODSIDE, Calif. , Nov. 8, 2022 /PRNewswire/ -- Runway Growth Capital LLC ("Runway"), a leading provider of growth loan...

4 weeks ago - PRNewsWire

Runway Growth Finance Corp. (RWAY) Surpasses Q3 Earnings Estimates

Runway Growth Finance Corp. (RWAY) delivered earnings and revenue surprises of 2.86% and 1.77%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the s...

1 month ago - Zacks Investment Research

Runway Growth Finance Corp. Reports Third Quarter 2022 Financial Results

Delivered Record Total and Net Investment Income of $27.3 and $14.5 Million, Respectively Increased Core Leverage Ratio of Portfolio to 60% Grew Investment Portfolio to Record $910.2 Million Conference ...

1 month ago - GlobeNewsWire

Can Runway Growth Finance Corp. (RWAY) Keep the Earnings Surprise Streak Alive?

Runway Growth Finance Corp. (RWAY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 month ago - Zacks Investment Research

Kin Secures $145 Million in Debt Financing to Fuel Continued Growth

CHICAGO--(BUSINESS WIRE)--Kin, the direct-to-consumer home insurance company built for every new normal, today announced the closing of a $145 million committed credit facility.

1 month ago - Business Wire

Runway Growth Finance Corp. Announces Fourth Quarter Dividend of $0.36

WOODSIDE, Calif., Oct. 28, 2022 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies see...

1 month ago - GlobeNewsWire

Runway Growth Finance Corp. (RWAY) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Runway Growth Finance Corp. (RWAY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Runway Growth Capital Announces a Senior Secured Term Loan of $45 Million to Nalu Medical

Runway's Flexible Growth Capital Will Aid In The Commercialization Of Nalu Medical's Neuromodulation Devices To Relieve Chronic Neuropathic Pain WOODSIDE, Calif. , Oct. 20, 2022 /PRNewswire/ -- Runway G...

1 month ago - PRNewsWire

Runway Growth Finance Corp. Provides Third Quarter 2022 Portfolio Update

WOODSIDE, Calif., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (“Runway Growth”) (Nasdaq: RWAY), a leading provider of flexible capital solutions to late- and growth-stage companies see...

2 months ago - GlobeNewsWire

Fidelis Cybersecurity Secures Significant Additional Growth Investment From Runway Growth Capital and Skyview Capital

WOODSIDE, Calif. , Sept. 15, 2022 /PRNewswire/ -- Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture backed companies seeking an alternative to rais...

2 months ago - PRNewsWire

Runway Growth Capital LLC Hires Venture Debt Veteran Ted Cavan

-  Ted Cavan Joins Runway As Managing Director, Technology; Adds a Decade of Experience Funding High Growth Technology Companies  - WOODSIDE, Calif. , Aug. 16, 2022 /PRNewswire/ --  Runway Growth Capita...

3 months ago - PRNewsWire

Runway Growth Capital LLC Adds Brannon Morisoli to its Life Sciences Team

-  Brannon Morisoli Joins Runway as Managing Director, Life Sciences; Brings a Strong Foundation of Industry Knowledge and Existing Relationships to the Firm  - WOODSIDE, Calif. , Aug. 16, 2022 /PRNewsw...

3 months ago - PRNewsWire

Runway Growth Finance Corp. Reports Second Quarter 2022 Financial Results

Achieves Record Total and Net Investment Income of $25.2 and $14.5 Million, Respectively

4 months ago - GlobeNewsWire

Runway Growth Capital LLC Adds Venture Lending Industry Veteran to Technology Team

-   Brad Pritchard Joins Runway as Managing Director, Technology, Bringing More Than 20 Years of Experience   - WOODSIDE, Calif. , Aug. 2, 2022 /PRNewswire/ --  Runway Growth Capital LLC ("Runway" or th...

4 months ago - PRNewsWire

Runway Growth Announces Third Quarter 2022 Dividend of $0.33

WOODSIDE, Calif., July 29, 2022 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies see...

4 months ago - GlobeNewsWire

Runway Growth Finance Corp. Prices Offering of 7.50% Notes due 2027

WOODSIDE, Calif., July 21, 2022 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (the “Company”) (Nasdaq: RWAY), an externally managed business development company, today announced that it has priced an ...

4 months ago - GlobeNewsWire

Runway Growth Finance Corp. Provides Second Quarter 2022 Portfolio Update

WOODSIDE, Calif., July 14, 2022 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (“Runway Growth”) (Nasdaq: RWAY), a leading provider of flexible capital solutions to late- and growth-stage companies see...

4 months ago - GlobeNewsWire

Runway Growth Capital LLC Announces New Senior Origination Hire to Expand its Technology Pipeline

-   Jeff Goldrich Joins Runway's Team as Managing Director, Technology, Bringing Nearly a Decade of Experience in the Technology Sector  - WOODSIDE, Calif. , July 13, 2022 /PRNewswire/ -- Runway Growth ...

4 months ago - PRNewsWire

Runway Growth Finance Corp. Announces Date for Second Quarter 2022 Financial Results and Conference Call

WOODSIDE, Calif., July 08, 2022 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth”), a leading provider of flexible capital solutions to late- and growth-stage companies see...

4 months ago - GlobeNewsWire

Runway Growth Capital Announces a Senior Secured Term Loan of $50 Million to Interactions

WOODSIDE, Calif. , June 29, 2022 /PRNewswire/ -- Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture backed companies seeking an alternative to raisi...

5 months ago - PRNewsWire

Runway Growth to Participate in Wells Fargo BDC Alley

WOODSIDE, Calif., June 02, 2022 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-st...

6 months ago - GlobeNewsWire

Runway Growth Finance Corp. (RWAY) Upgraded to Buy: Here's Why

Runway Growth Finance Corp. (RWAY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

6 months ago - Zacks Investment Research