Runway Growth Finance Corp. (NASDAQ:RWAY) Stock Has Average Target Price of $8.40

Runway Growth Finance Corp. (NASDAQ:RWAY) has been assigned a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $8.40.

Several analysts have weighed in on RWAY shares. Wall Street Zen upgraded Runway Growth Finance from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings restated a “sell (d+)” rating on shares of Runway Growth Finance in a report on Friday, September 11th. Zacks Research upgraded shares of Runway Growth Finance from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 11th. Finally, B. Riley Financial reiterated a “buy” rating and set a $11.00 target price (up from $10.00) on shares of Runway Growth Finance in a report on Thursday, August 13th.

Trending Headlines about Runway Growth Finance

Here are the key news stories impacting Runway Growth Finance this week:

• Positive Sentiment: Q3 results exceeded estimates: Runway reported earnings of $0.38 per share, ahead of analyst estimates of $0.33–$0.34, and total investment income of $40.6 million versus expectations of about $37.7 million. Net investment income was $15.9 million, and the investment portfolio totaled $1.1 billion. The earnings and revenue beat likely supported the stock’s positive move. Runway Growth Finance Corp. Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Expanded buyback: The company announced an increase in its equity buyback, a potential positive signal about management’s confidence and a source of share demand. The announcement provided no amount in the available report. Runway Growth Finance Corp. announces an Increase in Equity Buyback
• Neutral Sentiment: Dividend declared: RWAY announced a quarterly dividend of $0.33 per share, payable December 3 to shareholders of record November 17. The indicated annualized yield is high, but the announcement alone does not establish whether the payout is sustainable. Dividend announcement
• Neutral Sentiment: Analysts rated the stock “Hold”: The rating suggests a wait-and-see stance rather than a new bullish endorsement. Runway Growth Finance Corp. Stock Now Rated Hold by Sell-Side Analysts
• Negative Sentiment: Year-over-year earnings declined: Quarterly EPS of $0.38 was below the $0.43 reported a year earlier, a potential concern despite the beat against current estimates. RWAY Q3 Earnings and Revenues Beat Estimates

Runway Growth Finance Price Performance

RWAY stock opened at $6.69 on Friday. The stock has a 50-day simple moving average of $6.53 and a two-hundred day simple moving average of $6.73. The firm has a market capitalization of $280.38 million, a PE ratio of 44.60 and a beta of 0.70. Runway Growth Finance has a twelve month low of $5.19 and a twelve month high of $10.06. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 1.12.

Runway Growth Finance (NASDAQ:RWAY) last announced its earnings results on Thursday, November 5th. The company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.04. The business had revenue of $40.56 million for the quarter, compared to the consensus estimate of $37.73 million. Runway Growth Finance had a net margin of 7.62% and a return on equity of 11.73%. On average, equities analysts predict that Runway Growth Finance will post 1.40 EPS for the current fiscal year.

Runway Growth Finance Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Tuesday, November 17th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 19.7%. The ex-dividend date of this dividend is Tuesday, November 17th. Runway Growth Finance’s dividend payout ratio (DPR) is 1,200.00%.

Insiders Place Their Bets

In other news, CEO Michael Rovner purchased 7,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The shares were bought at an average price of $6.57 per share, for a total transaction of $45,990.00. Following the purchase, the chief executive officer directly owned 7,000 shares in the company, valued at approximately $45,990. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Carmela Thomson acquired 8,000 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were purchased at an average cost of $6.97 per share, for a total transaction of $55,760.00. Following the completion of the transaction, the chief financial officer directly owned 12,840 shares in the company, valued at $89,494.80. The trade was a 165.29% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 16,000 shares of company stock valued at $108,640 in the last quarter. 1.01% of the stock is owned by company insiders.

Institutional Investors Weigh In On Runway Growth Finance

A number of large investors have recently made changes to their positions in RWAY. Perigon Wealth Management LLC bought a new position in Runway Growth Finance in the 2nd quarter worth $56,000. WINTON GROUP Ltd purchased a new stake in Runway Growth Finance in the 2nd quarter worth $84,000. Park Avenue Securities LLC bought a new position in Runway Growth Finance during the third quarter valued at approximately $84,000. Kestra Advisory Services LLC bought a new position in shares of Runway Growth Finance during the 3rd quarter valued at approximately $92,000. Finally, Catalyst Capital Advisors LLC bought a new position in Runway Growth Finance during the first quarter valued at $96,000. 64.61% of the stock is currently owned by institutional investors.

Runway Growth Finance Company Profile

Runway Growth Finance Corp. is a business development company (BDC) that provides financing to growth-oriented companies, primarily in the technology, life sciences, healthcare, products and services sectors. The company seeks to support businesses that may have limited access to traditional bank financing or require capital to fund expansion, acquisitions, product development and other strategic initiatives.

Its investment activity is centered on senior secured loans, including term loans and other structured debt investments.