How to Buy Runway Growth Finance Stock
Runway Growth Finance Corp
Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies.
Runway Growth Finance stock last closed at $12.59, down 0.47% from the previous day, and has increased 11.12% in one year. It has underperformed other stocks in the Credit Services industry by 0.07 percentage points. Runway Growth Finance stock is currently +20.25% from its 52-week low of $10.47, and -8.37% from its 52-week high of $13.74.
As of Apr 24, 2024, there are 40.51M RWAY shares outstanding. The market value of RWAY is $510.01M. In the last 24 hours, 112,840 RWAY shares were traded.
How to Buy Runway Growth Finance Stock
Wondering how to invest in Runway Growth Finance stock? Here's how.
- Decide where to buy Runway Growth Finance stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Runway Growth Finance stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your method of payment and add your info.
- Research Runway Growth Finance stock: The Runway Growth Finance ticker symbol is RWAY. Is Runway Growth Finance stock a good investment? Should you buy shares of RWAY? How do RWAY's underlying business fundamentals look? Do top analysts think Runway Growth Finance is a good buy? Why has RWAY's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if RWAY is a good stock to buy).
- Execute your RWAY buy order: Decide if you will purchase RWAY shares at the current market price or use a limit order to purchase RWAY stock at a specific price.
- Watch your investment in RWAY: Create a watchlist to keep tabs on your investment in Runway Growth Finance shares.
Step 1: Decide where to buy Runway Growth Finance stock
You need a brokerage account to access the NASDAQ market and buy RWAY stock.
Our favorite brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global financial markets: From Tech to Industrials, New York to Tokyo — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro offers a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you can invest in RWAY stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start a new trading account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have filled out your info on investing apps, your next step is to transfer the money for your investment:
Check out the walkthrough below to see the process of transferring funds into your investment account.
Step 4: Research Runway Growth Finance stock
After you have selected the best place to buy Runway Growth Finance stock, it's absolutely critical to analyze their stock prior to investing, so you truly comprehend the risk and opportunity.
Runway Growth Finance Metrics
Fundamentals of Runway Growth Finance
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on RWAY's stock page.
How is RWAY stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge RWAY's intrinsic value.
Using relative valuations measures:
- RWAY may be undervalued based on its P/E ratio of 11.55x, relative to Credit Services industry P/E ratio of 28.23x
- RWAY could be undervalued based on its P/B ratio of 0.93x, relative to Credit Services industry P/B ratio of 5x
You can do more valuation analysis on RWAY's stock here.
RWAY Financial Health Summary
Positive Health Checks:
- RWAY's operating cash flow of $112.44M allows it to safely service it's debt of $510.08M.
Negative Health Checks:
- RWAY profit margin has gone down from 29.9% to 27% in the past year.
- RWAY has a relatively high debt to equity ratio of 0.97.
- Total RWAY debt is higher than 5 years ago, relative to shareholder equity.
- RWAY earnings of $88.15M is not enough to cover its interest payments.
Is Runway Growth Finance stock a Buy, Hold, or Sell, according to analysts?
Out of 5 Equities analysts who give ratings on RWAY, the consensus analyst rating on RWAY is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Runway Growth Finance stock forecast page.
Metrics for Advanced RWAY Traders
How are RWAY Revenues/Earnings doing?
Last year, RWAY earnings were $44.34M. Over the past five year, RWAY's earnings have increased by -2.86% per year. This was slower than the Credit Services industry average of 12.02%.
Last year, RWAY revenue was $164.21M. In the last five year, RWAY's revenue has gone up by 51.23% per year. This was faster than the Credit Services industry average of 9.62%.
You can research RWAY's earnings and revenue performance here.
Latest Insiders Trades at RWAY
In the past 12 months, insiders at RWAY have sold more shares than they have bought.
R. David Spreng, President and CEO of RWAY, was the latest RWAY insider to buy. They bought $59,400.00 worth of RWAY shares on Mar 21, 2024.
Research more about who owns RWAY stock here.
Does RWAY provide a stable income stream?
Runway Growth Finance pays a dividend of 3.57%, compared to the Credit Services industry's average dividend yield of 3.97%. If you owned $1,000 of RWAY stock, you would have received $35.74 in the past year.
Dig into more data about Runway Growth Finance dividend yield and history here.
What do other traders have to say about RWAY?
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your RWAY buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, use a limit order.
Click the Open Trade button and eToro will place your order.
If you want additional help buying stocks on eToro, click the how to video below:
Step 6: Watch your investment in RWAY
Now that you own some RWAY stock, you'll want to keep up with your investment.
Create a watchlist to track the latest developments regarding your RWAY stock.
RWAY Feed
How to Buy Stock in Runway Growth Finance
To summarize, here are the 6 steps to buy Runway Growth Finance stock:
- Decide where to buy Runway Growth Finance stock
- Open a brokerage account
- Put funds into your brokerage account
- Research Runway Growth Finance stock
- Execute your RWAY buy order
- Watch your investment in RWAY
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Runway Growth Finance, click the button below.
Related Stock Buying Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.