$0.28 Earnings Per Share Expected for Runway Growth Finance Corp (NASDAQ:RWAY) This Quarter
Wall Road brokerages expect Runway Advancement Finance Corp (NASDAQ:RWAY – Get Score) to post $.28 earnings for each share (EPS) for the recent quarter, Zacks studies. Three analysts have issued estimates for Runway Advancement Finance’s earnings, with the lowest EPS estimate coming in at $.27 and the highest estimate coming in at $.29. The business enterprise is expected to problem its future earnings benefits on Monday, January 1st.
In accordance to Zacks, analysts be expecting that Runway Development Finance will report full year earnings of $1.29 for every share for the present-day fiscal year, with EPS estimates ranging from $1.25 to $1.36. For the upcoming money yr, analysts forecast that the business enterprise will report earnings of $1.77 for every share, with EPS estimates ranging from $1.73 to $1.84. Zacks Investment Research’s EPS calculations are an common dependent on a study of provide-facet study analysts that go over Runway Expansion Finance.
Runway Expansion Finance (NASDAQ:RWAY – Get Score) last issued its quarterly earnings knowledge on Thursday, March 3rd. The company noted $.28 earnings per share for the quarter, topping the consensus estimate of $.26 by $.02. Runway Advancement Finance experienced a internet margin of 63.93% and a return on fairness of 7.32%.
Many brokerages lately weighed in on RWAY. B. Riley boosted their value goal on shares of Runway Progress Finance from $15.00 to $15.50 and gave the inventory a “buy” score in a study take note on Monday, February 28th. Zacks Expenditure Exploration raised shares of Runway Advancement Finance from a “hold” ranking to a “buy” rating and set a $15.00 price aim on the stock in a research note on Wednesday, March 2nd. 8 analysts have rated the inventory with a invest in score, According to MarketBeat, Runway Development Finance presently has a consensus rating of “Buy” and an normal goal rate of $15.31.
In relevant information, CEO R David Spreng acquired 5,000 shares of the business’s stock in a transaction dated Thursday, March 10th. The shares had been purchased at an normal price of $12.35 for each share, with a overall worth of $61,750.00. The transaction was disclosed in a filing with the SEC, which is out there by this hyperlink. Also, Director Ocm Development Holdings Llc obtained 13,087 shares of the business’s stock in a transaction dated Friday, January 14th. The shares have been purchased at an normal price of $13.23 for every share, for a complete transaction of $173,141.01. The disclosure for this acquire can be uncovered listed here. Insiders have obtained 350,525 shares of firm stock well worth $2,287,541,976 in the past ninety times.
Hedge cash have a short while ago added to or lowered their stakes in the company. Oaktree Money Administration LP acquired a new stake in shares of Runway Progress Finance in the 4th quarter really worth about $256,139,000. Ares Management LLC obtained a new stake in shares of Runway Advancement Finance in the 4th quarter worth about $11,194,000. Ghisallo Money Administration LLC acquired a new stake in shares of Runway Expansion Finance in the 4th quarter worthy of about $4,487,000. Instructor Retirement System of Texas obtained a new stake in shares of Runway Expansion Finance in the 4th quarter truly worth about $2,885,000. Eventually, HighTower Advisors LLC obtained a new stake in shares of Runway Expansion Finance in the 4th quarter worth about $2,441,000. .05% of the inventory is now owned by institutional buyers.
Shares of Runway Expansion Finance inventory traded up $.07 for the duration of buying and selling on Wednesday, hitting $14.00. The company’s stock experienced a trading quantity of 227 shares, when compared to its regular volume of 109,071. The corporation has a quick ratio of 1.12, a existing ratio of 1.12 and a financial debt-to-equity ratio of .13. Runway Advancement Finance has a 52 week minimal of $11.84 and a 52 7 days superior of $14.92. The firm’s 50-day shifting typical is $13.39.
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 22nd. Shareholders of report on Tuesday, March 8th were being supplied a dividend of $.27 for each share. The ex-dividend day of this dividend was Monday, March 7th. This represents a $1.08 dividend on an annualized foundation and a generate of 7.71%. This is a enhance from Runway Development Finance’s past quarterly dividend of $.25.
Runway Advancement Finance Company Profile (Get Rating)
Runway Expansion Finance Corp. is an externally managed business enterprise progress organization. It centered on supplying adaptable cash methods to late-phase and advancement corporations. Runway Advancement Finance Corp. is dependent in WOODSIDE, Calif.
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