TriplePoint Venture Growth BDC Corp. (TPVG)
| Market Cap | 289.15M |
| Revenue (ttm) | 115.27M |
| Net Income (ttm) | 10.44M |
| Shares Out | 40.05M |
| EPS (ttm) | 0.27 |
| PE Ratio | 26.43 |
| Forward PE | 5.50 |
| Dividend | $1.20 (16.62%) |
| Ex-Dividend Date | Dec 13, 2024 |
| Volume | 2,609,883 |
| Open | 6.75 |
| Previous Close | 6.80 |
| Day's Range | 6.75 - 7.22 |
| 52-Week Range | 6.44 - 11.58 |
| Beta | 1.88 |
| Analysts | Hold |
| Price Target | 7.63 (+5.68%) |
| Earnings Date | Nov 6, 2024 |
About TPVG
TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, ... [Read more]
Financial Performance
In 2023, TPVG's revenue was $135.60 million, an increase of 13.69% compared to the previous year's $119.26 million. Losses were -$39.82 million, 98.4% more than in 2022.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for TPVG stock is "Hold." The 12-month stock price forecast is $7.63, which is an increase of 5.68% from the latest price.
News
TriplePoint Venture Growth BDC Corp. Names Mike L. Wilhelms as Chief Financial Officer
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company” or “TPVG”), the leading financing provider to venture growth stage companies backed by a select gr...
KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (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...
TriplePoint Venture Growth: Is The 15% Dividend Yield Sustainable?
TriplePoint Venture Growth's 17% dividend yield may be enticing for some investors. They out-earned the upcoming dividend this month with room to spare. I suspect the 17% TPVG yield will remain covere...
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Hold This 15% Yield For Big Income: TriplePoint Venture
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BDC Weekly Review: Tax-Loss Season Is Approaching
We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs saw a 2% aggregate return on the week; TPV...
TriplePoint Venture Growth: Inflection Point (Rating Upgrade)
TriplePoint Venture Growth saw a significant breakout after Q3 results, driven by a major decline in its non-accrual percentage, improving portfolio quality. The BDC's net investment income of $0.35 p...
TriplePoint Venture Growth: The Worst May Be Over (Rating Upgrade)
I initially issued a sell rating on TriplePoint Venture Growth due to weak net investment income and questionable distribution coverage, but recent Q3 earnings show improvement. TPVG's portfolio strat...
TriplePoint Venture Growth (TPVG) Q3 2024 Earnings Call Transcript
TriplePoint Venture Growth (TPVG) Q3 2024 Earnings Call Transcript
TriplePoint Venture Growth BDC Corp. Announces Third Quarter 2024 Financial Results
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), the leading financing provider to venture growth stage companies b...
TriplePoint Venture Growth BDC Corp. to Announce 2024 Third Quarter Financial Results on Wednesday, November 6, 2024
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company”), the leading financing provider to venture growth stage companies backed by a select group of ven...
Readers Identify 25 Ideal September Dividend Buys Out Of 39 Picks
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TriplePoint Venture: Upgrading The 18% Yielder Ahead Of Q3 Results
TriplePoint Venture Growth had, and perhaps still has, major issues. One new insider stepped up to buy more shares. We assess the ruins and tell you why we are giving this an upgrade.
TriplePoint Venture Growth: Stay Away From This 17% Yield (Rating Downgrade)
TriplePoint Venture Growth offers a high dividend yield but has a risky portfolio and poor net asset value performance, making it a less attractive investment. TriplePoint focuses on tech and venture ...
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TriplePoint Venture Growth: 25% Dividend Cut, What Now? (Rating Upgrade)
TriplePoint Venture Growth cut its dividend by 25% due to insufficient net investment income and high non-accrual percentages, leading to significant selling pressure on the BDC's shares. The BDC's we...
BDC Weekly Review: Yield Myopia Ignores The Right Metrics
We take a look at the action in business development companies through the second week of August and highlight some of the key themes we are watching. BDCs underperformed with a total return of -2% du...
TriplePoint Venture Growth: Don't Get Caught Going Down With The Ship
TriplePoint Venture Growth has faced headwinds, cutting its dividend by 25% and underperforming peers in the BDC sector the past two years. TPVG's latest earnings showed missed estimates, declining po...
TriplePoint Venture Growth: 25% Dividend Cut - What To Do Now?
TriplePoint Venture Growth BDC stock price plummeted 7% to a new 52-week low after worse-than-expected Q2 results. TPVG realigned its dividend with lower net investment income, resulting in a 25% cut ...
TriplePoint Venture: New Distribution Looks Unsustainable As Well
TriplePoint Venture Growth stock dropped after its Q2 2024 results. TriplePoint Venture's distribution cut was to blame. With its equity issuance window closed, TPVG has a whole host of challenges to ...