Runway Progress Finance (NASDAQ:RWAY – Get Rating) will announce its earnings benefits right after the market closes on Thursday, May possibly 5th. Analysts assume the organization to announce earnings of $.28 for every share for the quarter. Traders that are fascinated in taking part in the company’s conference phone can do so applying this link.
Runway Expansion Finance (NASDAQ:RWAY – Get Ranking) very last issued its quarterly earnings final results on Thursday, March 3rd. The corporation described $.28 earnings for every share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $.26 by $.02. Runway Progress Finance experienced a return on equity of 7.32% and a internet margin of 63.93%. On typical, analysts count on Runway Development Finance to publish $1 EPS for the present-day fiscal yr and $2 EPS for the next fiscal yr.
Shares of NASDAQ:RWAY opened at $14.37 on Thursday. The firm has a 50-day basic going regular of $13.67. Runway Growth Finance has a 52-week minimal of $11.84 and a 52-week superior of $14.92. The organization has a financial debt-to-fairness ratio of .13, a speedy ratio of 1.12 and a current ratio of 1.12.
The agency also just lately declared a quarterly dividend, which was compensated on Tuesday, March 22nd. Stockholders of history on Tuesday, March 8th were being supplied a $.27 dividend. This is an boost from Runway Advancement Finance’s prior quarterly dividend of $.25. This represents a $1.08 annualized dividend and a dividend yield of 7.52%. The ex-dividend date was Monday, March 7th.
In other news, Director Ocm Growth Holdings Llc bought 20,365 shares of the business’s inventory in a transaction dated Friday, January 28th. The stock was bought at an ordinary price of $13.01 for each share, for a whole transaction of $264,948.65. The transaction was disclosed in a lawful filing with the Securities & Exchange Fee, which is available at this hyperlink. Also, CEO R David Spreng purchased 5,000 shares of the business’s stock in a transaction dated Thursday, March 10th. The inventory was obtained at an average rate of $12.35 for every share, with a total value of $61,750.00. The disclosure for this buy can be uncovered below. In the last 90 days, insiders have obtained 239,863 shares of corporation stock valued at $2,286,103,323.
Several huge buyers have just lately purchased and bought shares of RWAY. BlackRock Inc. purchased a new position in Runway Growth Finance in the 4th quarter value around $25,000. Marshall Wace LLP obtained a new stake in Runway Expansion Finance through the 4th quarter value $161,000. Geode Cash Administration LLC acquired a new stake in Runway Progress Finance throughout the 4th quarter worth $206,000. Goldman Sachs Team Inc. obtained a new place in shares of Runway Progress Finance in the 4th quarter valued at $296,000. Ultimately, Wells Fargo & Organization MN acquired a new placement in shares of Runway Development Finance in the 4th quarter valued at $359,000. Institutional investors possess .05% of the company’s stock.
A number of equities research analysts have not long ago issued reports on RWAY shares. LADENBURG THALM/SH SH began protection on Runway Advancement Finance in a investigation report on Friday, April 22nd. They issued a “buy” ranking and a $15.50 value target on the stock. B. Riley lifted their target price on Runway Progress Finance from $15.00 to $15.50 and gave the inventory a “buy” score in a investigation report on Monday, February 28th. At last, Zacks Expenditure Analysis elevated Runway Advancement Finance from a “hold” score to a “buy” rating and established a $15.00 focus on price tag on the inventory in a research report on Wednesday, March 2nd. Nine investigate analysts have rated the inventory with a invest in rating, Based mostly on knowledge from MarketBeat.com, the stock has an regular ranking of “Buy” and a consensus goal price tag of $15.33.
About Runway Advancement Finance (Get Score)
Runway Development Finance Corp. is a organization development business specializing investments in senior-secured loans to late/growth phase undertaking providers.
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