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) is projected to announce its Q2 2025 earnings results after the market closes on Thursday, August 7th. Analysts expect the company to announce 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 quarterly 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). The firm had revenue of $12.12 million for the quarter, compared to analysts' expectations of $14.04 million. Portman Ridge Finance had a negative net margin of 18.10% and a positive return on equity of 12.04%. 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 PTMN stock traded up $0.04 on Monday, hitting $12.28. 8,344 shares of the stock traded hands, compared to its average volume of 45,139. The firm has a market cap of $112.98 million, a price-to-earnings ratio of -10.87 and a beta of 0.60. 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 has a 50 day simple moving average of $12.29 and a two-hundred day simple moving average of $13.88. Portman Ridge Finance has a 52 week low of $11.48 and a 52 week high of $19.86.

Portman Ridge Finance Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 19th were paid a $0.47 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 15.3%. Portman Ridge Finance's dividend payout ratio is -166.37%.

Institutional Inflows and Outflows

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

Wall Street Analyst Weigh In

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

About Portman Ridge Finance

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.