Runway Expansion Finance Corp. (NASDAQ:RWAY – Get Ranking) declared a quarterly dividend on Thursday, April 28th, Zacks experiences. Investors of record on Tuesday, May well 10th will be compensated a dividend of .30 per share on Tuesday, May possibly 24th. This represents a $1.20 dividend on an annualized basis and a produce of 8.35%. The ex-dividend date is Monday, Could 9th. This is a raise from Runway Progress Finance’s preceding quarterly dividend of $.27.
Shares of RWAY opened at $14.37 on Friday. The agency has a 50-day transferring regular of $13.72. Runway Growth Finance has a 1 calendar year low of $11.84 and a 1 calendar year superior of $14.92. The corporation has a financial debt-to-fairness ratio of .13, a present-day ratio of 1.12 and a brief ratio of 1.12.
Runway Expansion Finance (NASDAQ:RWAY – Get Rating) last introduced its quarterly earnings details on Thursday, March 3rd. The firm reported $.28 earnings for every share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $.26 by $.02. Runway Advancement Finance had a return on equity of 7.32% and a web margin of 63.93%. As a group, sell-aspect analysts anticipate that Runway Growth Finance will write-up 1.3 EPS for the current 12 months.
A quantity of analysts have lately weighed in on the business. LADENBURG THALM/SH SH assumed protection on Runway Expansion Finance in a investigation report on Friday, April 22nd. They set a “buy” ranking and a $15.50 price tag concentrate on on the inventory. B. Riley amplified their price tag target on Runway Progress Finance from $15.00 to $15.50 and gave the stock a “buy” ranking in a exploration report on Monday, February 28th. Ultimately, Zacks Financial investment Study upgraded Runway Expansion Finance from a “hold” score to a “buy” ranking and set a $15.00 target rate on the stock in a investigate report on Wednesday, March 2nd. Nine expenditure analysts have rated the stock with a buy score, According to info from MarketBeat.com, the organization presently has a consensus rating of “Buy” and an common rate focus on of $15.33.
In other Runway Development Finance information, CEO R David Spreng acquired 5,000 shares of the business’s stock in a transaction that occurred on Thursday, March 10th. The stock was acquired at an typical value of $12.35 for every share, with a whole worth of $61,750.00. The acquisition was disclosed in a legal submitting with the SEC, which is obtainable by this hyperlink. Also, Director Ocm Expansion Holdings Llc obtained 19,521 shares of the business’s inventory in a transaction that occurred on Monday, January 31st. The shares were being acquired at an ordinary expense of $12.68 per share, with a complete value of $247,526.28. The disclosure for this order can be located here. Insiders have bought 219,498 shares of enterprise inventory truly worth $2,285,838,374 in the previous quarter.
A range of institutional traders and hedge resources have just lately modified their holdings of the inventory. BlackRock Inc. bought a new position in Runway Advancement Finance in the course of the fourth quarter valued at about $25,000. Marshall Wace LLP acquired a new situation in Runway Growth Finance through the fourth quarter valued at about $161,000. Geode Capital Administration LLC purchased a new situation in Runway Development Finance during the fourth quarter valued at about $206,000. Goldman Sachs Group Inc. purchased a new situation in Runway Development Finance through the fourth quarter valued at about $296,000. Last but not least, Wells Fargo & Business MN purchased a new stake in shares of Runway Development Finance in the 4th quarter valued at roughly $359,000. Hedge funds and other institutional buyers individual .05% of the company’s inventory.
About Runway Expansion Finance (Get Score)
Runway Growth Finance Corp. is a small business enhancement enterprise specializing investments in senior-secured financial loans to late/development stage undertaking providers.
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