Portman Ridge Finance (PTMN) to Release Earnings on Thursday

Key Points

• Portman Ridge Finance is set to release its Q2 2025 earnings after market close on August 7th, with an expected EPS of $0.47 and revenue of $13.24 million.
• The company missed analysts' estimates in its last quarterly report, posting an EPS of $0.47 compared to a consensus of $0.60, and reported a negative net margin of 18.10%.
• Royal Bank of Canada increased its stake in Portman Ridge Finance by nearly 70% during the first quarter, now owning 0.18% of the company valued at approximately $235,000.

Portman Ridge Finance (NASDAQ:PTMN - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results after the market closes on Thursday, August 7th. Analysts expect Portman Ridge Finance to post earnings of $0.47 per share and revenue of $13.24 million for the quarter.

Portman Ridge Finance (NASDAQ:PTMN - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.13). Portman Ridge Finance had a negative net margin of 18.10% and a positive return on equity of 12.04%. The business had revenue of $12.12 million for the quarter, compared to analyst estimates of $14.04 million. On average, analysts expect Portman Ridge Finance to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Portman Ridge Finance Price Performance

Shares of Portman Ridge Finance stock traded up $0.04 during trading on Friday, hitting $12.24. 28,689 shares of the company's stock traded hands, compared to its average volume of 42,477. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.48 and a quick ratio of 2.48. The firm's fifty day moving average price is $12.29 and its 200 day moving average price is $13.88. Portman Ridge Finance has a twelve month low of $11.48 and a twelve month high of $19.86. The company has a market cap of $112.61 million, a PE ratio of -10.83 and a beta of 0.60.

Portman Ridge Finance Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, May 29th. Shareholders of record on Monday, May 19th were given a $0.47 dividend. The ex-dividend date was Monday, May 19th. This represents a $1.88 dividend on an annualized basis and a yield of 15.4%. Portman Ridge Finance's payout ratio is -166.37%.

Institutional Investors Weigh In On Portman Ridge Finance

An institutional investor recently raised its position in Portman Ridge Finance stock. Royal Bank of Canada boosted its holdings in Portman Ridge Finance Corporation (NASDAQ:PTMN - Free Report) by 69.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,354 shares of the company's stock after buying an additional 6,730 shares during the period. Royal Bank of Canada owned approximately 0.18% of Portman Ridge Finance worth $235,000 as of its most recent SEC filing. 30.14% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods reduced their target price on shares of Portman Ridge Finance from $16.00 to $14.00 and set a "market perform" rating on the stock in a research report on Tuesday, April 8th.

Portman Ridge Finance Company Profile

Portman Ridge Finance Corporation is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, mezzanine, buyout in middle market companies. It also makes acquisitions in businesses complementary to the firm's business.