Wall Street brokerages assume Runway Progress Finance Corp (NASDAQ:RWAY – Get Score) to submit $.28 earnings for every share (EPS) for the current quarter, Zacks reviews. A few analysts have issued estimates for Runway Development Finance’s earnings, with the cheapest EPS estimate coming in at $.27 and the greatest estimate coming in at $.29. The business enterprise is expected to problem its next earnings benefits on Monday, January 1st.
In accordance to Zacks, analysts be expecting that Runway Expansion Finance will report comprehensive calendar year earnings of $1.29 per share for the present fiscal yr, with EPS estimates ranging from $1.25 to $1.36. For the upcoming money calendar year, analysts forecast that the company will report earnings of $1.77 for every share, with EPS estimates ranging from $1.73 to $1.84. Zacks Expense Research’s EPS calculations are an typical based mostly on a survey of promote-facet exploration analysts that go over Runway Expansion Finance.
Runway Development Finance (NASDAQ:RWAY – Get Rating) last issued its quarterly earnings facts on Thursday, March 3rd. The business documented $.28 earnings per share for the quarter, topping the consensus estimate of $.26 by $.02. Runway Development Finance experienced a web margin of 63.93% and a return on fairness of 7.32%.
A number of brokerages lately weighed in on RWAY. B. Riley boosted their price aim on shares of Runway Growth Finance from $15.00 to $15.50 and gave the inventory a “buy” rating in a investigation notice on Monday, February 28th. Zacks Investment decision Investigate lifted shares of Runway Progress Finance from a “hold” ranking to a “buy” rating and established a $15.00 price tag aim on the inventory in a investigate observe on Wednesday, March 2nd. Eight analysts have rated the stock with a buy ranking, In accordance to MarketBeat, Runway Development Finance presently has a consensus score of “Buy” and an ordinary concentrate on selling price of $15.31.
In associated information, CEO R David Spreng obtained 5,000 shares of the business’s inventory in a transaction dated Thursday, March 10th. The shares were purchased at an regular price tag of $12.35 per share, with a total value of $61,750.00. The transaction was disclosed in a submitting with the SEC, which is obtainable via this url. Also, Director Ocm Development Holdings Llc acquired 13,087 shares of the business’s stock in a transaction dated Friday, January 14th. The shares were bought at an typical charge of $13.23 for every share, for a complete transaction of $173,141.01. The disclosure for this acquire can be uncovered in this article. Insiders have obtained 350,525 shares of enterprise stock truly worth $2,287,541,976 in the past ninety days.
Hedge funds have not too long ago included to or reduced their stakes in the organization. Oaktree Money Administration LP obtained a new stake in shares of Runway Development Finance in the 4th quarter value about $256,139,000. Ares Administration LLC obtained a new stake in shares of Runway Advancement Finance in the 4th quarter well worth about $11,194,000. Ghisallo Capital Administration LLC acquired a new stake in shares of Runway Expansion Finance in the 4th quarter worthy of about $4,487,000. Trainer Retirement System of Texas acquired a new stake in shares of Runway Growth Finance in the 4th quarter worthy of about $2,885,000. Eventually, HighTower Advisors LLC obtained a new stake in shares of Runway Progress Finance in the 4th quarter really worth about $2,441,000. .05% of the inventory is now owned by institutional investors.
Shares of Runway Advancement Finance stock traded up $.07 during trading on Wednesday, hitting $14.00. The company’s stock experienced a trading volume of 227 shares, in comparison to its ordinary volume of 109,071. The company has a quick ratio of 1.12, a present ratio of 1.12 and a personal debt-to-equity ratio of .13. Runway Progress Finance has a 52 7 days very low of $11.84 and a 52 7 days high of $14.92. The firm’s 50-working day shifting typical is $13.39.
The company also not too long ago declared a quarterly dividend, which was paid out on Tuesday, March 22nd. Shareholders of history on Tuesday, March 8th have been given a dividend of $.27 per share. The ex-dividend day 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 enhance from Runway Advancement Finance’s preceding quarterly dividend of $.25.
Runway Progress Finance Organization Profile (Get Score)
Runway Growth Finance Corp. is an externally managed business enterprise growth business. It focused on providing flexible funds methods to late-phase and expansion companies. Runway Expansion Finance Corp. is primarily based in WOODSIDE, Calif.
For a lot more data about research offerings from Zacks Financial investment Investigation, check out Zacks.com
Want Far more Good Investing Ideas?
Acquire News & Ratings for Runway Growth Finance Everyday – Enter your e-mail deal with beneath to obtain a concise everyday summary of the most recent information and analysts’ scores for Runway Development Finance and similar businesses with MarketBeat.com’s Totally free everyday email e-newsletter.