Analysts’ Recent Ratings Updates for Runway Growth Finance (RWAY)

Several brokerages have updated their recommendations and price targets on shares of Runway Growth Finance (NASDAQ: RWAY) in the last few weeks:

• 3/21/2026 – Runway Growth Finance was downgraded by Wall Street Zen from “hold” to “sell”.
• 3/17/2026 – Runway Growth Finance was downgraded by Zacks Research from “hold” to “strong sell”.
• 3/17/2026 – Runway Growth Finance had its price target lowered by B. Riley Financial, Inc. from $12.00 to $10.00. They now have a “buy” rating on the stock.
• 3/16/2026 – Runway Growth Finance had its price target lowered by Wells Fargo & Company from $10.00 to $7.00. They now have an “equal weight” rating on the stock.
• 3/13/2026 – Runway Growth Finance had its price target lowered by JPMorgan Chase & Co. from $9.50 to $7.00. They now have a “neutral” rating on the stock.

Runway Growth Finance Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be issued a dividend of $0.33 per share. The ex-dividend date is Tuesday, March 10th. This represents a $1.32 annualized dividend and a yield of 18.5%. Runway Growth Finance’s dividend payout ratio is presently 143.48%.

Runway Growth Finance, Inc is a publicly traded business development company that provides customized debt and equity financing solutions to high‐growth, venture‐backed companies. The firm specializes in structuring senior secured loans, unitranche facilities, second‐lien financings, convertible notes and equity co‐investments designed to extend the cash runway for late‐stage companies. Runway’s flexible capital offerings are aimed at supporting technology, life sciences and other innovation‐driven sectors as they pursue growth initiatives and prepare for liquidity events.

Originally launched in 2017 under the name Saratoga Investment Corp., the company rebranded as Runway Growth Finance in 2020 following the acquisition of an established middle‐market credit manager.