Runway Growth Finance Corporation (RWAY)
NASDAQ:RWAY
Want to see RWAY full AI Analyst Report?
RWAY Stock Chart & Stats
$6.77
-$0.12(-1.09%)
At close: 4:00 PM EST
$6.77
-$0.12(-1.09%)
Day’s Range― - ―
52-Week Range$5.46 - $11.41
Previous CloseN/A
Volume83.35K
Average Volume (3M)700.91K
Market Cap
$236.53M
Enterprise Value$637.77M
Total Cash (Recent Filing)$2.31M
Total Debt (Recent Filing)$441.70M
Price to Earnings (P/E)―
Beta0.69
Next Earnings
Aug 06, 2026EPS Estimate
0.31Next Dividend Ex-DateN/A
Dividend Yield15.96%
Share Statistics
EPS (TTM)-0.09
Shares Outstanding42,464,546
10 Day Avg. Volume620,018
30 Day Avg. Volume700,910
Financial Highlights & Ratios
PEG Ratio-0.19
Price to Book (P/B)0.68
Price to Sales (P/S)2.34
P/FCF Ratio1.76
Enterprise Value/Market Cap2.70
Enterprise Value/Revenue6.30
Enterprise Value/Gross Profit9.61
Enterprise Value/Ebitda70.58
Forecast
1Y Price Target
$6.00Price Target Upside-11.37% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering2
EPS Forecast (FY)1.27
Revenue Forecast (FY)$131.27M
Bulls Say, Bears Say
Bulls Say
Scale & DiversificationThe SWK acquisition materially increases scale to a pro forma ~$1.1B, lowers single‑name concentration and brings additional origination resources and healthcare expertise. Larger, more diversified assets and stronger origination capability should steady NII, deepen deal flow and reduce idiosyncratic risk over the medium term.
Cash Generation & Distribution CoverageConsistent operating cash generation and disclosed spillover income (~$0.65/share) alongside a maintained base dividend indicate durable distributable earnings. Reliable NII and excess spillover create a structural buffer for regular payouts and reduce the likelihood of immediate dividend cuts absent severe credit deterioration.
Underwriting & Collateral QualityThe software portfolio's strong underwriting — high cash‑flow positivity, universal covenants, near‑cost fair values and predominantly first‑lien positions — reduces loss severity and supports recoveries. These credit protections underpin more stable interest income and limit downside to NAV across economic cycles.
Bears Say
NAV DeclineA near 10% NAV decline and a materially lower net asset base reflect mark‑to‑market markdowns and transaction costs. Lower NAV erodes the equity cushion available to absorb future credit losses or support distributions, creating a more fragile capital position over the coming quarters unless reversed by gains or capital raises.
Higher Pro Forma Leverage & Lower LiquidityPro forma leverage increasing to ~1.20 and a meaningful reduction in available liquidity tightens balance sheet flexibility. Elevated leverage raises sensitivity to funding cost spikes and credit losses, while reduced liquidity provides a smaller buffer for workouts, new originations or unexpected redemptions over the medium term.
Emerging Credit StressNew nonaccruals and a rising weighted risk rating signal weakening credit quality and potential for further downgrades. Increased watch‑list activity and markdowns heighten the risk of realized losses and NII erosion going forward, suggesting portfolio performance may remain a volatile driver of earnings and NAV.
Runway Growth Finance Corp News
RWAY FAQ
What was Runway Growth Finance Corporation’s price range in the past 12 months?
Runway Growth Finance Corporation lowest stock price was $5.46 and its highest was $11.40 in the past 12 months.
What is Runway Growth Finance Corporation’s market cap?
Runway Growth Finance Corporation’s market cap is $236.53M.
When is Runway Growth Finance Corporation’s upcoming earnings report date?
Runway Growth Finance Corporation’s upcoming earnings report date is Aug 06, 2026 which is in 45 days.
How were Runway Growth Finance Corporation’s earnings last quarter?
Runway Growth Finance Corporation released its earnings results on May 07, 2026. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.311 by -$0.021.
Is Runway Growth Finance Corporation overvalued?
According to Wall Street analysts Runway Growth Finance Corporation’s price is currently Overvalued.
Does Runway Growth Finance Corporation pay dividends?
Runway Growth Finance Corporation pays a Quarterly dividend of $0.33 which represents an annual dividend yield of 15.96%. See more information on Runway Growth Finance Corporation dividends here
What is Runway Growth Finance Corporation’s EPS estimate?
Runway Growth Finance Corporation’s EPS estimate is 0.31.
How many shares outstanding does Runway Growth Finance Corporation have?
Runway Growth Finance Corporation has 42,464,546 shares outstanding.
What happened to Runway Growth Finance Corporation’s price movement after its last earnings report?
Runway Growth Finance Corporation reported an EPS of $0.29 in its last earnings report, missing expectations of $0.311. Following the earnings report the stock price went down -4.252%.
Which hedge fund is a major shareholder of Runway Growth Finance Corporation?
Currently, no hedge funds are holding shares in RWAY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Runway Growth Finance Corp Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Sell
Average Price Target:
$6.00 (-11.37% Downside)
$6.00 (-11.37% Downside)
Blogger Sentiment
Bullish
RWAY Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 559.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.9%
Last 30 Days ▲ 4.4%
Last 30 Days ▲ 4.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-36.63%
12-Months-Change
Fundamentals
Return on Equity
-0.55%
Trailing 12-Months
Asset Growth
-12.39%
Trailing 12-Months
Company Description
Runway Growth Finance Corporation
Runway Growth Finance Corp. (RWAY) operates as a business development company (BDC), concentrating its efforts on providing senior-secured loan financing to late-stage and expanding enterprises. The firm primarily targets investments in companies within key sectors such as technology, life sciences, healthcare and information services, business services, and specific consumer goods and services. More precisely, its portfolio frequently encompasses businesses involved with electronic hardware and instruments, various software solutions (e.g., systems, application, internet), storage, peripherals, specialized consumer offerings, healthcare technology, data processing and outsourcing, internet retail, human resources, biotechnology, medical equipment, and educational services. These senior secured loans typically range from $10 million to $75 million.
RWAY Company Deck
RWAY Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call described a transformative quarter driven by the SWK acquisition and leadership promotions that improved diversification, scale (pro forma $1.1 billion), and long-term origination capabilities. Operational and portfolio fundamentals (stable debt yield, software metrics, reduced top-10 concentration, liquidity and capital return actions) were highlighted as strengths. Offsetting these positives were near-term headwinds: NAV and net assets declined, two loans moved to nonaccrual with an expected ~$0.06 per share drag, higher risk ratings for select positions, fair value markdowns, and a pro forma increase in leverage and reduction in liquidity. Overall management framed the changes as temporary and part of a strategic repositioning to drive stronger returns over time.View all RWAY earnings summariesRWAY Stock 12 Month Forecast
Average Price Target
$6.00
▼(-11.37% Downside)
Technical Analysis
Medallion Financial
―
Regional Management
―
Yiren Digital
―
Open Lending
―
Oportun Financial
―
Ownership Overview
54.85% Insiders
0.16% Mutual Funds
32.12% Other Institutional Investors
10.32% Public Companies and
Individual Investors