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TriplePoint Venture Growth BDC Corp. (TPVG)

Financial Services | Asset Management | Menlo Park, United States | NYSE
5.43 USD +0.09 (1.685%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 5.42 -0.01 (-0.009%) ⇩ (Aug. 28, 2026, 7:45 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:★☆☆☆☆
Hot Take | Aug. 22, 2026, 2:55 a.m. EDT

The investment case here is fundamentally broken. The company is trapped in a multi-year death spiral, having lost nearly half its value over the last nine years with four consecutive years of negative growth. This is not a temporary setback; the market has correctly identified a deteriorating business model, evidenced by shrinking revenues and earnings. While the headline yield looks attractive at nearly 14%, it is a trap. The payout ratio sits at 95%, meaning the company is distributing almost all of its earnings to keep the check coming, leaving no capital for reinvestment or survival. Recent news confirms this fragility, with analysts predicting another dividend cut and noting missed earnings estimates. The stock trades at a discount to book value, but in a business that is shrinking, that 'margin of safety' is an illusion. Options data reinforces this bearish thesis, with heavy put buying at levels significantly above the current price, signaling that smart money expects further declines. There is no catalyst for a turnaround visible in the data; the trajectory is clearly downward.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.108967
AutoETS0.112479
MSTL0.115958
AutoTheta0.141997

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 42%
H-stat 3.64
Ljung-Box p 0.000
Jarque-Bera p 0.070
Excess Kurtosis -0.67
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-09-15
Last Dividend Date 2026-06-15
Debt to Equity Ratio 125.892
Revenue per Share 2.211
Market Cap 221,053,792
Trailing P/E 5.48
Forward P/E 6.62
Beta 1.35
Profit Margins 44.90%
Website https://www.tpvg.com

As of Aug. 22, 2026, 2:55 a.m. EDT: Speculators are heavily positioned for downside protection, with massive open interest in out-of-the-money puts at the $7.50 strike across multiple expirations, suggesting a consensus expectation of a significant drop to that level. Conversely, call activity is concentrated deep in-the-money at the $2.50 strike, indicating a 'long gamma' strategy where traders profit from volatility expansion or a slow grind lower rather than a sharp rally. The lack of meaningful call volume above the current price suggests the market views any upside as limited or unlikely to sustain.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
4.48% 16.61% 16.53% 14.62%
Dividend History
Date Dividend Yield %
2026-06-16 0.23 4.483431
2026-03-17 0.23 4.347826
2025-12-16 0.25 4.084967
2025-09-16 0.23 3.697749
2025-06-16 0.30 4.504505
2025-03-17 0.30 4.249292
2024-12-13 0.30 3.821656
2024-09-16 0.30 4.225352
2024-06-14 0.40 4.434590
2024-03-13 0.40 4.278075
2023-12-14 0.40 3.827751
2023-09-14 0.40 3.642987
2023-06-14 0.40 3.451251
2023-03-14 0.40 3.639673
2022-12-21 0.10 0.929368
2022-12-14 0.37 3.285968
2022-09-14 0.36 2.843602
2022-06-15 0.36 2.843602
2022-03-14 0.36 2.168675
2021-11-29 0.36 1.990050
2021-08-30 0.36 2.327085
2021-06-15 0.36 2.306214
2021-03-12 0.36 2.427512
2020-12-30 0.10 0.767460
2020-11-25 0.36 2.704733
2020-08-28 0.36 3.056027
2020-06-15 0.36 3.525955
2020-03-13 0.36 4.190920
2019-11-27 0.36 2.503477
2019-08-29 0.36 2.224969
2019-05-30 0.36 2.637363
2019-03-19 0.36 2.773498
2018-12-19 0.10 0.900090
2018-11-29 0.36 3.012552
2018-08-30 0.36 2.762855
2018-05-30 0.36 2.845850
2018-03-22 0.36 3.022670
2017-11-16 0.36 2.684564
2017-08-29 0.36 2.649007
2017-05-26 0.36 2.660754
2017-03-29 0.36 2.604920
2016-11-28 0.36 3.000000
2016-08-29 0.36 3.149606
2016-05-26 0.36 3.333333
2016-03-29 0.36 3.393026
2015-11-25 0.36 3.000000
2015-08-27 0.36 3.122290
2015-05-27 0.36 2.612482
2015-03-24 0.36 2.434077
2014-12-18 0.15 1.030928
2014-11-25 0.36 2.505219
2014-08-27 0.32 2.090137
2014-05-28 0.30 1.958225
2014-04-11 0.09 0.577664
Additional Data
dividendRate 0.75
dividendYield 14.04
exDividendDate 2026-09-16
trailingAnnualDividendRate 0.92
trailingAnnualDividendYield 0.17228465
lastDividendValue 0.23
lastDividendDate 2026-06-16
dividendDate 2026-12-30

Info Dump

Attribute Value
52 Week Change -0.20771515
Address1 2,765 Sand Hill Road
Address2 1st Floor
All Time High 19.25
All Time Low 2.8
Ask 5.43
Ask Size 700
Average Daily Volume10 Day 152,140
Average Daily Volume3 Month 255,009
Average Volume 255,009
Average Volume10Days 152,140
Beta 1.35
Bid 5.28
Bid Size 600
Book Value 8.667
City Menlo Park
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 5.43
Current Ratio 2.108
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 5.43
Day Low 5.35
Debt To Equity 125.892
Display Name TriplePoint Venture Growth BDC
Dividend Date 1,798,588,800
Dividend Rate 0.75
Dividend Yield 14.04
Earnings Call Timestamp End 1,785,960,000
Earnings Call Timestamp Start 1,785,960,000
Earnings Growth -0.198
Earnings Quarterly Growth -0.19
Earnings Timestamp 1,785,960,000
Earnings Timestamp End 1,793,822,400
Earnings Timestamp Start 1,793,822,400
Ebitda Margins 0.0
Enterprise To Revenue 7.239
Enterprise Value 647,570,944
Eps Current Year 0.87
Eps Forward 0.82
Eps Trailing Twelve Months 0.99
Esg Populated 0
Ex Dividend Date 1,789,516,800
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 650 854 2094
Fifty Day Average 4.9072
Fifty Day Average Change 0.52279997
Fifty Day Average Change Percent 0.10653733
Fifty Two Week Change Percent -20.771515
Fifty Two Week High 6.95
Fifty Two Week High Change -1.52
Fifty Two Week High Change Percent -0.21870504
Fifty Two Week Low 4.395
Fifty Two Week Low Change 1.0349998
Fifty Two Week Low Change Percent 0.23549485
Fifty Two Week Range 4.395 - 6.95
Financial Currency USD
First Trade Date Milliseconds 1,394,116,200,000
Five Year Avg Dividend Yield 15.14
Forward Eps 0.82
Forward P E 6.621951
Free Cashflow 17,491,000
Full Exchange Name NYSE
Fullday Change 0.0899997
Fullday Change Percent 1.68539
Fullday Price 5.4206
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 89,462,000
Has Pre Post Market Data 1
Held Percent Insiders 0.01545
Held Percent Institutions 0.07571
Implied Shares Outstanding 40,709,723
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,781,568,000
Last Dividend Value 0.23
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name TriplePoint Venture Growth BDC Corp.
Market us_market
Market Cap 221,053,792
Market State CLOSED
Max Age 86,400
Message Board Id finmb_248787400
Most Recent Quarter 1,782,777,600
Net Income To Common 40,170,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 217,389,920
Number Of Analyst Opinions 3
Open 5.37
Operating Cashflow -29,094,000
Operating Margins 0.76318
Payout Ratio 0.94949996
Peg Ratio 2.76
Phone 650 854 2090
Post Market Change -0.009399891
Post Market Change Percent -0.17311034
Post Market Price 5.4206
Post Market Time 1,787,960,715
Previous Close 5.34
Price Eps Current Year 6.2413793
Price Hint 2
Price To Book 0.6265144
Price To Sales Trailing12 Months 2.470924
Profit Margins 0.44902
Quick Ratio 1.213
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0899997
Regular Market Change Percent 1.68539
Regular Market Day High 5.43
Regular Market Day Low 5.35
Regular Market Day Range 5.35 - 5.43
Regular Market Open 5.37
Regular Market Previous Close 5.34
Regular Market Price 5.43
Regular Market Time 1,787,947,203
Regular Market Volume 222,420
Return On Assets 0.05256
Return On Equity 0.11453
Revenue Growth -0.052
Revenue Per Share 2.211
Sand P52 Week Change 0.1966995
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 40,709,723
Shares Percent Shares Out 0.0591
Shares Short 2,406,139
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 2,344,031
Short Name TriplePoint Venture Growth BDC
Short Percent Of Float 0.06
Short Ratio 11.13
Source Interval 15
State CA
Symbol TPVG
Target High Price 7.0
Target Low Price 5.0
Target Mean Price 5.83333
Target Median Price 5.5
Total Cash 13,999,000
Total Cash Per Share 0.344
Total Debt 444,180,000
Total Revenue 89,462,000
Tradeable 0
Trailing Annual Dividend Rate 0.92
Trailing Annual Dividend Yield 0.17228465
Trailing Eps 0.99
Trailing P E 5.484848
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 5.5487
Two Hundred Day Average Change -0.11870003
Two Hundred Day Average Change Percent -0.021392403
Type Disp Equity
Volume 222,420
Website https://www.tpvg.com
Zip 94,025