Wall Street brokerages assume Runway Expansion Finance Corp (NASDAQ:RWAY – Get Ranking) to submit $.28 earnings for every share (EPS) for the present quarter, Zacks studies. Three analysts have issued estimates for Runway Growth Finance’s earnings, with the most affordable EPS estimate coming in at $.27 and the best estimate coming in at $.29. The organization is expected to difficulty its upcoming earnings benefits on Monday, January 1st.
According to Zacks, analysts hope that Runway Expansion Finance will report total yr earnings of $1.29 per share for the recent fiscal calendar year, with EPS estimates ranging from $1.25 to $1.36. For the subsequent fiscal yr, analysts forecast that the enterprise will report earnings of $1.77 for every share, with EPS estimates ranging from $1.73 to $1.84. Zacks Financial investment Research’s EPS calculations are an average centered on a study of offer-aspect research analysts that address Runway Development Finance.
Runway Expansion Finance (NASDAQ:RWAY – Get Score) final issued its quarterly earnings data on Thursday, March 3rd. The firm noted $.28 earnings for each share for the quarter, topping the consensus estimate of $.26 by $.02. Runway Development Finance had a web margin of 63.93% and a return on fairness of 7.32%.
Several brokerages not long ago weighed in on RWAY. B. Riley boosted their selling price aim on shares of Runway Progress Finance from $15.00 to $15.50 and gave the inventory a “buy” ranking in a exploration notice on Monday, February 28th. Zacks Investment decision Investigation elevated shares of Runway Development Finance from a “hold” rating to a “buy” rating and set a $15.00 price tag goal on the inventory in a investigate take note on Wednesday, March 2nd. Eight analysts have rated the inventory with a obtain ranking, In accordance to MarketBeat, Runway Expansion Finance presently has a consensus rating of “Buy” and an normal goal selling price of $15.31.
In connected news, CEO R David Spreng obtained 5,000 shares of the business’s stock in a transaction dated Thursday, March 10th. The shares have been bought at an average value of $12.35 per share, with a full benefit of $61,750.00. The transaction was disclosed in a filing with the SEC, which is available via this website link. Also, Director Ocm Expansion Holdings Llc acquired 13,087 shares of the business’s stock in a transaction dated Friday, January 14th. The shares have been bought at an ordinary value of $13.23 for every share, for a full transaction of $173,141.01. The disclosure for this obtain can be observed in this article. Insiders have obtained 350,525 shares of business inventory worth $2,287,541,976 in the final ninety times.
Hedge money have just lately included to or lowered their stakes in the company. Oaktree Funds Administration LP obtained a new stake in shares of Runway Progress Finance in the 4th quarter value about $256,139,000. Ares Administration LLC obtained a new stake in shares of Runway Development Finance in the 4th quarter worthy of about $11,194,000. Ghisallo Cash Management LLC acquired a new stake in shares of Runway Expansion Finance in the 4th quarter truly worth about $4,487,000. Teacher Retirement System of Texas obtained a new stake in shares of Runway Expansion Finance in the 4th quarter well worth about $2,885,000. Eventually, HighTower Advisors LLC acquired a new stake in shares of Runway Progress Finance in the 4th quarter worth about $2,441,000. .05% of the stock is now owned by institutional traders.
Shares of Runway Growth Finance stock traded up $.07 through trading on Wednesday, hitting $14.00. The company’s inventory experienced a buying and selling volume of 227 shares, in contrast to its typical volume of 109,071. The organization has a fast ratio of 1.12, a current ratio of 1.12 and a financial debt-to-fairness ratio of .13. Runway Advancement Finance has a 52 7 days small of $11.84 and a 52 7 days substantial of $14.92. The firm’s 50-working day relocating normal is $13.39.
The business also not long ago declared a quarterly dividend, which was compensated on Tuesday, March 22nd. Shareholders of history on Tuesday, March 8th had been supplied a dividend of $.27 for every share. The ex-dividend date of this dividend was Monday, March 7th. This represents a $1.08 dividend on an annualized basis and a generate of 7.71%. This is a increase from Runway Development Finance’s earlier quarterly dividend of $.25.
Runway Development Finance Company Profile (Get Score)
Runway Development Finance Corp. is an externally managed organization development organization. It concentrated on providing adaptable capital answers to late-phase and advancement firms. Runway Expansion Finance Corp. is centered in WOODSIDE, Calif.
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