TPVG stock touches 52-week low at $6.41 amid market volatility

Published 04/04/2025, 15:38
TPVG stock touches 52-week low at $6.41 amid market volatility

In a turbulent market environment, TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) stock has reached a 52-week low, dipping to $6.41. According to InvestingPro data, the company maintains an impressive 17.8% dividend yield and has consistently paid dividends for 12 consecutive years. The significant drop reflects a broader trend of investor caution, with InvestingPro analysis showing the stock’s RSI in oversold territory. Trading at a P/E ratio of 7.6x with analyst targets ranging from $6.50 to $9.00, this downturn in TPVG’s stock price could attract investors looking for potential bargains, while others may see it as a sign to exercise caution amid the company’s performance and market headwinds. The 52-week low serves as a critical benchmark for the company’s valuation and could be a pivotal point for its future trajectory in the stock market. With an overall Financial Health score rated as "GOOD" by InvestingPro, which offers 8 additional exclusive insights about TPVG’s current position, investors have multiple factors to consider.

In other recent news, TriplePoint Venture Growth BDC Corp. reported its fourth-quarter 2024 earnings, revealing a slight miss in both earnings per share (EPS) and revenue against market expectations. The company posted an EPS of $0.32, falling short of the forecasted $0.35, and revenue came in at $25.75 million, compared to the anticipated $26.38 million. Despite these challenges, the company declared a quarterly dividend of $0.30 per share and noted an increase in portfolio yield to 15.8% in Q4 2024. TriplePoint Venture Growth BDC Corp. also experienced a decrease in total investment income to $26 million from $33 million in the same period last year. For the full year 2024, the company reported a total investment income of $109 million, down from $137 million in 2023. Looking ahead, TriplePoint anticipates quarterly fundings between $25 million and $50 million in Q1 2025, with optimism for portfolio growth in sectors such as verticalized software, aerospace, defense, health tech, and AI. The company is also focused on optimizing its balance sheet leverage and rebalancing its portfolio.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.