$0.28 Earnings Per Share Expected for Runway Growth Finance Corp (NASDAQ:RWAY) This Quarter
Wall Street brokerages count on Runway Expansion Finance Corp (NASDAQ:RWAY – Get Score) to submit $.28 earnings for each share (EPS) for the present-day quarter, Zacks studies. Three analysts have issued estimates for Runway Expansion Finance’s earnings, with the lowest EPS estimate coming in at $.27 and the optimum estimate coming in at $.29. The company is predicted to concern its upcoming earnings final results on Monday, January 1st.
In accordance to Zacks, analysts expect that Runway Expansion Finance will report full calendar year earnings of $1.29 per share for the present fiscal year, with EPS estimates ranging from $1.25 to $1.36. For the subsequent fiscal 12 months, analysts forecast that the business enterprise will report earnings of $1.77 for every share, with EPS estimates ranging from $1.73 to $1.84. Zacks Expenditure Research’s EPS calculations are an regular primarily based on a survey of provide-aspect research analysts that go over Runway Development Finance.
Runway Growth Finance (NASDAQ:RWAY – Get Score) previous issued its quarterly earnings knowledge on Thursday, March 3rd. The company noted $.28 earnings for every share for the quarter, topping the consensus estimate of $.26 by $.02. Runway Development Finance had a net margin of 63.93% and a return on equity of 7.32%.
Numerous brokerages not too long ago weighed in on RWAY. B. Riley boosted their price tag aim on shares of Runway Progress Finance from $15.00 to $15.50 and gave the stock a “buy” score in a study take note on Monday, February 28th. Zacks Expense Exploration raised shares of Runway Growth Finance from a “hold” rating to a “buy” ranking and established a $15.00 selling price goal on the stock in a study note on Wednesday, March 2nd. 8 analysts have rated the inventory with a purchase ranking, According to MarketBeat, Runway Development Finance presently has a consensus score of “Buy” and an common target price tag of $15.31.
In similar news, CEO R David Spreng obtained 5,000 shares of the business’s inventory in a transaction dated Thursday, March 10th. The shares were being purchased at an regular price tag of $12.35 for every share, with a whole value of $61,750.00. The transaction was disclosed in a submitting with the SEC, which is offered by way of this connection. Also, Director Ocm Growth Holdings Llc acquired 13,087 shares of the business’s inventory in a transaction dated Friday, January 14th. The shares have been purchased at an regular expense of $13.23 per share, for a overall transaction of $173,141.01. The disclosure for this acquire can be found below. Insiders have obtained 350,525 shares of company inventory really worth $2,287,541,976 in the last ninety days.
Hedge resources have recently additional to or minimized their stakes in the company. Oaktree Funds Management LP obtained a new stake in shares of Runway Growth Finance in the 4th quarter truly worth about $256,139,000. Ares Management LLC obtained a new stake in shares of Runway Growth Finance in the 4th quarter really worth about $11,194,000. Ghisallo Capital Administration LLC acquired a new stake in shares of Runway Development Finance in the 4th quarter worth about $4,487,000. Trainer Retirement Technique of Texas obtained a new stake in shares of Runway Progress Finance in the 4th quarter worthy of about $2,885,000. Eventually, HighTower Advisors LLC acquired a new stake in shares of Runway Progress Finance in the 4th quarter worthy of about $2,441,000. .05% of the stock is at this time owned by institutional buyers.
Shares of Runway Expansion Finance inventory traded up $.07 throughout investing on Wednesday, hitting $14.00. The company’s stock had a buying and selling volume of 227 shares, when compared to its common volume of 109,071. The corporation has a quick ratio of 1.12, a latest ratio of 1.12 and a debt-to-fairness ratio of .13. Runway Progress Finance has a 52 week very low of $11.84 and a 52 7 days higher of $14.92. The firm’s 50-day going ordinary is $13.39.
The enterprise also not long ago declared a quarterly dividend, which was compensated on Tuesday, March 22nd. Shareholders of report on Tuesday, March 8th have been given a dividend of $.27 per share. The ex-dividend date of this dividend was Monday, March 7th. This signifies a $1.08 dividend on an annualized basis and a generate of 7.71%. This is a enhance from Runway Advancement Finance’s previous quarterly dividend of $.25.
Runway Development Finance Company Profile (Get Rating)
Runway Progress Finance Corp. is an externally managed business enterprise improvement corporation. It focused on giving flexible cash remedies to late-phase and advancement firms. Runway Development Finance Corp. is dependent in WOODSIDE, Calif.
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