TriplePoint Venture Growth BDC Corp. (TPVG)
Is TriplePoint Venture Growth BDC (TPVG) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
TriplePoint Venture: New Distribution Looks Unsustainable
TPVG cut the dividend just in time. At a superficial level, all looks good. We tell you why you need to fasten your seatbelts for another cut down the line.
TriplePoint Venture Growth BDC Corp. (TPVG) Q2 2025 Earnings Call Transcript
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG ) Q2 2025 Earnings Conference Call August 6, 2025 5:00 PM ET Company Participants James Peter Labe - Co-Founder, Chairman & CEO Mike L. Wilhelms - Chief Financial Officer Sajal K.
TriplePoint Venture Growth (TPVG) Misses Q2 Earnings and Revenue Estimates
TriplePoint Venture Growth (TPVG) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.3 per share. This compares to earnings of $0.33 per share a year ago.
TriplePoint Venture Growth: Another Dividend Cut Could Be Around The Corner (Downgrade)
TriplePoint Venture Growth's 17.9% yield is a red flag, with another dividend cut likely in the next 6–12 months. Despite improvements in leverage and liquidity, net investment income failed to cover the dividend, signaling ongoing risk. Economic uncertainty, lower base rates, and deteriorating credit quality further increase the risk of dividend reduction.
TriplePoint Venture Growth: 18% Dividend Yield Is A Red Flag (Downgrade)
TriplePoint Venture Growth's dividend coverage has weakened further after a 2024 cut, with payout ratios again exceeding 100%, raising the risk of another reduction. Persistent high non-accruals and continuous investment losses have eroded net asset value by 38% since Q4 2021, reflecting poor credit quality. TPVG trades at a steep 22% discount to NAV, signaling heightened investor concern over dividend sustainability and portfolio performance.
TriplePoint Venture Growth (TPVG) Q1 Earnings and Revenues Miss Estimates
TriplePoint Venture Growth (TPVG) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.41 per share a year ago.
TriplePoint Venture Growth BDC Corp. (TPVG) Q1 2025 Earnings Call Transcript
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Jim Labe - Chairman and CEO Sajal Srivastava - President and CIO Mike Wilhelms - Chief Financial Officer Conference Call Participants Crispin Love - Piper Sandler Doug Harter - UBS Casey Alexander - Compass Point Brian McKenna - Citizens Christopher Nolan - Ladenburg Thalmann Operator Good afternoon, ladies and gentlemen. Welcome to the TriplePoint Venture Growth BDC Corp. First Quarter 2025 Earnings Conference Call.
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.
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.
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.
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.
