Financial Services -
Asset Management - NYSE - US
$ 5.76
-5.88 %
$ 231 M
Market Cap
7.02
P/E
1. INTRINSIC VALUE
Balance Sheet
TriplePoint Venture Growth BDC Corp.
| Current Assets | 45.9 M |
| Cash & Short-Term Investments | 45.9 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 676 M |
| Long-Term Investments | 676 M |
| PP&E | 0 |
| Other Non-Current Assets | 0 |
| Current Liabilities | 3.41 M |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 3.41 M |
| Non-Current Liabilities | 0 |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
TriplePoint Venture Growth BDC Corp.
| Revenue | 109 M |
| Cost Of Revenue | 0 |
| Gross Profit | 109 M |
| Operating Expenses | 54.1 M |
| Operating Income | 54.5 M |
| Other Expenses | 22.5 M |
| Net Income | 32 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
TriplePoint Venture Growth BDC Corp.
| Net Income | 32 M |
| Depreciation & Amortization | -2.76 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 0 |
| Others | 148 M |
| Free Cash Flow | 153 M |
Wall Street Analysts Price Targets
TriplePoint Venture Growth BDC Corp.
Wall Street analysts predict an average 1-year price target for TPVG of $7.85 , with forecasts ranging from
a
low of
$7.25 to a high of $8.5 .
TPVG Lowest Price Target
Wall Street Target
7.25 USD
25.87%
TPVG Average Price Target
Wall Street Target
7.85 USD
36.28%
TPVG Highest Price Target
Wall Street Target
8.5 USD
47.57%
4. DIVIDEND
ANALYSIS
3.86%
DIVIDEND YIELD
0.3 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
TriplePoint Venture Growth BDC Corp.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
250 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Buy 4 Ideal 'Safer' February Dividends, Out Of 40 Choices From Readers
Since May 2017, reader-selected dividend-paying stocks have been featured, with valuable reader feedback improving accuracy and direction. My Dogs of The Week portfolios are available for Dividend Dogcatcher subscribers, with detailed summaries and reference guides listed by date. I prioritize stocks whose dividends from $1K invested exceed their single share price, categorizing them as "cash rich" or "cash poor".
seekingalpha.com
- 1 month ago
I'm Collecting A 17% Yield By Holding TriplePoint Venture
We love solid income generators, but we don't panic and run when one stumbles; we look to see improvements over the long run. TriplePoint Venture Growth BDC Corp. management has strung two good quarters together; let's dig into this most recent one. Income is a must for retirement; collect as much as you can.
seekingalpha.com
- 1 month ago
Dividend Power Dogs: 3 Top Dividend Picks For March
Three top Dividend Power stocks, Golden Ocean, Diversified Energy, and Saratoga Investment Corp, offer "safer" dividends with free cash-flow yields exceeding dividend yields. The Dividend Power strategy focuses on high earnings yield and top dividend yield stocks, creating a resilient portfolio for both downturns and bull markets. Analysts predict significant net gains (39.97% to 168.6%) for the top ten Dividend Power stocks by March 2026, with an average net gain of 77.96%.
seekingalpha.com
- 1 month ago
The Moment Of Truth For BDC Dividend Investors Is Close
As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cash flows with less favorable private credit lending environment. I would say that the moment of truth for high quality BDCs is also very close, where we will see how really durable their base dividends are.
seekingalpha.com
- 1 month ago
TriplePoint Venture Growth: The Tide Hasn't Turned Yet
TriplePoint Venture Growth's high dividend yield of 16.3% is tempting, but its portfolio's resilience is questionable amid rising non-accruals and declining NAV. Despite reduced debt levels, TPVG's Q4 earnings disappointed with a net investment income of $0.32 per share, missing estimates. The portfolio's concentration in consumer products and services poses risks, especially with ongoing economic uncertainties and higher inflation.
seekingalpha.com
- 1 month ago
TriplePoint Venture Growth: Is This 16% Yield A Red Flag?
TriplePoint Venture Growth reported weaker-than-expected Q4 earnings due to high non-accruals, leading to a 5.4% decline in net asset value in Q4'24. TPVG's 16% yield is still covered by net investment income, and I am maintaining a buy rating for now. TPVG trades at a 16% discount to NAV due to poor balance sheet quality, significantly underperforming rivals Hercules Capital and Horizon Technology Finance.
seekingalpha.com
- 1 month ago
TriplePoint Venture Growth: When One Dividend Cut Is Not Enough
I've maintained a bearish stance on TriplePoint Venture Growth (TPVG) since May 2024; the stock has declined ~20% since then. TPVG's dividend is unsustainable despite a recent cut; another dividend reduction is likely this year due to ongoing financial headwinds. In this article I discuss in more details why I remain skeptical on TPVG.
seekingalpha.com
- 1 month ago
9% Yields From Baby Bonds
Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll look at two baby bonds as they are trading today. Market inefficiencies can arise from liquidity issues, creating trading opportunities between similar preferred shares or baby bonds.
seekingalpha.com
- 1 month ago
TriplePoint Venture Growth BDC Corp (TPVG) Q4 2024 Earnings Call Transcript
TriplePoint Venture Growth BDC Corp (NYSE:TPVG ) Q4 2024 Earnings Conference Call March 5, 2025 5:00 PM ET Company Participants Jim Labe – Chief Executive Officer and Chairman Sajal Srivastava – President and Chief Investment Officer Mike Wilhelms – Chief Financial Officer Conference Call Participants Crispin Love – Piper Sandler Brian McKenna – Citizens Casey Alexander – Compass Point Christopher Nolan – Ladenburg Thalmann Paul Johnson – KBW Operator Good afternoon, ladies and gentlemen. Welcome to the TriplePoint Venture Growth BDC Corp. Fourth Quarter 2024 Earnings Conference Call.
seekingalpha.com
- 1 month ago
TriplePoint Venture Growth (TPVG) Misses Q4 Earnings Estimates
TriplePoint Venture Growth (TPVG) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.47 per share a year ago.
zacks.com
- 1 month ago
TriplePoint Venture Growth BDC Corp. Announces Fourth Quarter and Fiscal Year 2024 Financial Results
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company,” “TPVG,” “we,” “us,” or “our”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2024 and the declaration by its Board of Directors of its first quarter 2025 distribution of $0.30 per share.
businesswire.com
- 1 month ago
TriplePoint Venture Growth BDC Corp. to Announce 2024 Fourth Quarter and Fiscal Year Financial Results on Wednesday, March 5, 2025
MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company”), a leading financing provider to venture growth stage companies backed by a select group of venture capital firms in technology and other high growth industries, today announced it will release its financial results for its fourth quarter and fiscal year ended December 31, 2024 after market-close on Wednesday, March 5, 2025. James P. Labe, chief executive officer and chairman of the board, Saj.
businesswire.com
- 1 month ago
8. Profile
Summary
TriplePoint Venture Growth BDC Corp. TPVG
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 231 M
Dividend Yield
3.86%
Description
TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It targeted returns between 10% and 18%. It does not take board seat in the company.
Contact
2755 Sand Hill Road, Menlo Park, CA, 94025
https://www.tpvg.com
IPO
Date
March 6, 2014
Employees
None
Officers
Mr. Steven Mitchell Levinson
Chief Compliance Officer
Mr. Sajal K. Srivastava
Co-Founder, President, Chief Investment Officer, Secretary, Treasurer & Director
Mr. James Peter Labe
Co-Founder, Chairman & Chief Executive Officer