Wall Street analysts predict that Runway Growth Finance Corp (NASDAQ:RWAY) will announce earnings per share of $0.26 for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Runway Growth Finance’s earnings. The highest EPS estimate is $0.26 and the lowest is $0.25. The firm is expected to report its next earnings results on Thursday, February 3rd.
On average, analysts expect that Runway Growth Finance will report full year earnings of $1.29 per share for the current financial year, with EPS estimates ranging from $1.27 to $1.30. For the next fiscal year, analysts expect that the firm will post earnings of $1.23 per share, with EPS estimates ranging from $1.17 to $1.28. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that follow Runway Growth Finance.
Runway Growth Finance (NASDAQ:RWAY) last issued its earnings results on Thursday, November 4th. The company reported $0.32 earnings per share (EPS) for the quarter. The business had revenue of $18.61 million during the quarter. Runway Growth Finance had a return on equity of 9.90% and a net margin of 66.69%.
In other Runway Growth Finance news, Director Ocm Growth Holdings Llc acquired 8,566 shares of the firm’s stock in a transaction dated Monday, December 6th. The shares were acquired at an average price of $13.61 per share, for a total transaction of $116,583.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Thomas B. Raterman acquired 12,266 shares of the firm’s stock in a transaction dated Friday, December 10th. The shares were acquired at an average price of $13.52 per share, for a total transaction of $165,836.32. The disclosure for this purchase can be found here. In the last quarter, insiders have acquired 302,226 shares of company stock worth $3,994,709.
Shares of RWAY stock opened at $13.20 on Friday. Runway Growth Finance has a 12-month low of $11.84 and a 12-month high of $14.05. The stock’s 50 day simple moving average is $13.08. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.16.
The business also recently announced a quarterly dividend, which was paid on Monday, November 22nd. Shareholders of record on Monday, November 8th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 7.58%. The ex-dividend date was Friday, November 5th.
About Runway Growth Finance
Runway Growth Finance Corp. is an externally managed business development company. It focused on providing flexible capital solutions to late-stage and growth companies. Runway Growth Finance Corp. is based in WOODSIDE, Calif.
Recommended Story: What is a blue-chip stock?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Runway Growth Finance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Runway Growth Finance and related companies with MarketBeat.com's FREE daily email newsletter.