$0.28 Earnings Per Share Expected for Runway Growth Finance Corp (NASDAQ:RWAY) This Quarter
Wall Street brokerages be expecting Runway Advancement Finance Corp (NASDAQ:RWAY – Get Score) to write-up $.28 earnings for each share (EPS) for the latest quarter, Zacks stories. 3 analysts have issued estimates for Runway Progress Finance’s earnings, with the lowest EPS estimate coming in at $.27 and the highest estimate coming in at $.29. The business is envisioned to concern its following earnings success on Monday, January 1st.
According to Zacks, analysts assume that Runway Advancement Finance will report full calendar year earnings of $1.29 per share for the recent fiscal 12 months, with EPS estimates ranging from $1.25 to $1.36. For the up coming economic calendar year, analysts forecast that the enterprise will report earnings of $1.77 for each share, with EPS estimates ranging from $1.73 to $1.84. Zacks Expense Research’s EPS calculations are an common primarily based on a study of sell-side study analysts that include Runway Progress Finance.
Runway Advancement Finance (NASDAQ:RWAY – Get Score) final issued its quarterly earnings details on Thursday, March 3rd. The organization reported $.28 earnings per share for the quarter, topping the consensus estimate of $.26 by $.02. Runway Progress Finance experienced a internet margin of 63.93% and a return on fairness of 7.32%.
Many brokerages not long ago weighed in on RWAY. B. Riley boosted their rate aim on shares of Runway Growth Finance from $15.00 to $15.50 and gave the inventory a “buy” score in a research observe on Monday, February 28th. Zacks Investment Study elevated shares of Runway Development Finance from a “hold” score to a “buy” rating and set a $15.00 value goal on the inventory in a study observe on Wednesday, March 2nd. 8 analysts have rated the stock with a invest in score, In accordance to MarketBeat, Runway Advancement Finance presently has a consensus ranking of “Buy” and an average concentrate on cost of $15.31.
In similar news, CEO R David Spreng acquired 5,000 shares of the business’s inventory in a transaction dated Thursday, March 10th. The shares were bought at an common value of $12.35 for each share, with a total price of $61,750.00. The transaction was disclosed in a submitting with the SEC, which is readily available as a result of this link. Also, Director Ocm Expansion Holdings Llc acquired 13,087 shares of the business’s inventory in a transaction dated Friday, January 14th. The shares were being bought at an typical cost of $13.23 for each share, for a whole transaction of $173,141.01. The disclosure for this acquire can be identified below. Insiders have acquired 350,525 shares of corporation inventory well worth $2,287,541,976 in the very last ninety times.
Hedge resources have a short while ago added to or lessened their stakes in the firm. Oaktree Capital Administration LP acquired a new stake in shares of Runway Development Finance in the 4th quarter worthy of about $256,139,000. Ares Administration LLC acquired a new stake in shares of Runway Advancement Finance in the 4th quarter really worth about $11,194,000. Ghisallo Funds Management LLC obtained a new stake in shares of Runway Progress Finance in the 4th quarter worth about $4,487,000. Trainer Retirement Technique of Texas acquired a new stake in shares of Runway Advancement Finance in the 4th quarter worthy of about $2,885,000. Lastly, HighTower Advisors LLC acquired a new stake in shares of Runway Growth Finance in the 4th quarter worth about $2,441,000. .05% of the stock is at the moment owned by institutional investors.
Shares of Runway Growth Finance stock traded up $.07 in the course of buying and selling on Wednesday, hitting $14.00. The company’s inventory had a investing quantity of 227 shares, when compared to its common quantity of 109,071. The business has a brief ratio of 1.12, a present-day ratio of 1.12 and a credit card debt-to-fairness ratio of .13. Runway Expansion Finance has a 52 week small of $11.84 and a 52 7 days high of $14.92. The firm’s 50-working day going typical is $13.39.
The organization also recently declared a quarterly dividend, which was paid on Tuesday, March 22nd. Shareholders of history on Tuesday, March 8th had been specified a dividend of $.27 for each share. The ex-dividend date of this dividend was Monday, March 7th. This signifies a $1.08 dividend on an annualized foundation and a produce of 7.71%. This is a strengthen from Runway Progress Finance’s prior quarterly dividend of $.25.
Runway Growth Finance Business Profile (Get Rating)
Runway Development Finance Corp. is an externally managed business progress business. It focused on offering adaptable cash alternatives to late-phase and growth corporations. Runway Progress Finance Corp. is primarily based in WOODSIDE, Calif.
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