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

Posted by Brian Himes on Nov 13th, 2026

Runway Growth Finance Corp. (NASDAQ:RWAY – Get Free Report) has received an average rating of “Hold” from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $8.40.

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

Get Our Latest Analysis on RWAY

Runway Growth Finance Stock Down 0.4%

RWAY stock opened at $6.66 on Friday. Runway Growth Finance has a twelve month low of $5.19 and a twelve month high of $10.05. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 1.12. The stock’s 50 day moving average is $6.53 and its 200-day moving average is $6.67. The firm has a market capitalization of $274.33 million, a PE ratio of 4.71 and a beta of 0.70.

Runway Growth Finance (NASDAQ:RWAY – Get Free Report) last announced its earnings results on Thursday, November 5th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.04. Runway Growth Finance had a return on equity of 11.73% and a net margin of 7.62%. The company had revenue of $40.56 million for the quarter, compared to analysts’ expectations of $37.73 million. Sell-side analysts expect that Runway Growth Finance will post 1.41 EPS for the current fiscal year.

Runway Growth Finance Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Tuesday, November 17th will be issued a dividend of $0.33 per share. The ex-dividend date is Tuesday, November 17th. This represents a $1.32 annualized dividend and a yield of 19.8%. Runway Growth Finance’s payout ratio is 880.00%.

Insider Transactions at Runway Growth Finance

In other news, CEO Michael Rovner acquired 7,000 shares of Runway Growth Finance stock in a transaction on Wednesday, September 9th. The stock was acquired at an average cost of $6.57 per share, with a total value of $45,990.00. Following the transaction, the chief executive officer owned 7,000 shares of the company’s stock, valued at approximately $45,990. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.01% of the company’s stock.

Hedge Funds Weigh In On Runway Growth Finance

Hedge funds have recently modified their holdings of the company. HighTower Advisors LLC increased its position in shares of Runway Growth Finance by 0.8% during the 3rd quarter. HighTower Advisors LLC now owns 1,353,912 shares of the company’s stock valued at $8,963,000 after purchasing an additional 10,781 shares during the last quarter. Ethic Inc. bought a new stake in shares of Runway Growth Finance during the 3rd quarter worth $666,000. Kestra Advisory Services LLC bought a new stake in shares of Runway Growth Finance during the 3rd quarter worth $92,000. SMH Capital Advisors Inc. purchased a new position in shares of Runway Growth Finance in the 3rd quarter worth about $382,000. Finally, Park Avenue Securities LLC purchased a new position in shares of Runway Growth Finance in the 3rd quarter worth about $84,000. Institutional investors own 64.61% of the company’s stock.

About Runway Growth Finance

(Get Free Report)

Runway Growth Finance Corp. is a business development company that provides debt financing to growth-stage businesses. Its investments are primarily loans to companies that may have limited access to traditional financing as they expand. The company focuses on senior secured loans and other debt investments, sometimes including equity-related features. It is externally managed by Runway Growth Capital LLC, an investment firm specializing in lending to growth companies. Runway Growth Finance began operations in 2015 and primarily serves businesses in the United States and Canada.