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Pennantpark Floating Rate Capital Stock Price, Forecast & Analysis (NASDAQ:PFLT)

$11.67
-0.02 (-0.17 %)
(As of 11/11/2019 03:50 PM ET)
Today's Range
$11.65
Now: $11.67
$11.69
50-Day Range
$11.30
MA: $11.54
$11.74
52-Week Range
$11.05
Now: $11.67
$13.42
Volume4,675 shs
Average Volume140,817 shs
Market Capitalization$452.47 million
P/E Ratio11.01
Dividend Yield9.76%
Beta0.72
PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. Read More…

Industry, Sector and Symbol

Industry Investors, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:PFLT
CUSIPN/A
Phone212-905-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$72.21 million
Cash Flow$1.02 per share
Book Value$13.82 per share

Profitability

Net Income$33.49 million

Miscellaneous

EmployeesN/A
Market Cap$452.47 million
Next Earnings Date11/20/2019 (Confirmed)
OptionableOptionable

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Pennantpark Floating Rate Capital (NASDAQ:PFLT) Frequently Asked Questions

What is Pennantpark Floating Rate Capital's stock symbol?

Pennantpark Floating Rate Capital trades on the NASDAQ under the ticker symbol "PFLT."

How often does Pennantpark Floating Rate Capital pay dividends? What is the dividend yield for Pennantpark Floating Rate Capital?

Pennantpark Floating Rate Capital declared a monthly dividend on Monday, November 4th. Investors of record on Thursday, November 14th will be paid a dividend of $0.095 per share on Monday, December 2nd. This represents a $1.14 annualized dividend and a yield of 9.77%. The ex-dividend date of this dividend is Wednesday, November 13th. View Pennantpark Floating Rate Capital's Dividend History.

How were Pennantpark Floating Rate Capital's earnings last quarter?

Pennantpark Floating Rate Capital Ltd (NASDAQ:PFLT) issued its quarterly earnings results on Wednesday, August, 7th. The asset manager reported $0.29 earnings per share for the quarter, missing analysts' consensus estimates of $0.30 by $0.01. The asset manager earned $22.88 million during the quarter, compared to analyst estimates of $22.90 million. Pennantpark Floating Rate Capital had a return on equity of 8.83% and a net margin of 16.65%. View Pennantpark Floating Rate Capital's Earnings History.

When is Pennantpark Floating Rate Capital's next earnings date?

Pennantpark Floating Rate Capital is scheduled to release their next quarterly earnings announcement on Wednesday, November 20th 2019. View Earnings Estimates for Pennantpark Floating Rate Capital.

How can I listen to Pennantpark Floating Rate Capital's earnings call?

Pennantpark Floating Rate Capital will be holding an earnings conference call on Wednesday, November 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for PFLT?

4 brokerages have issued twelve-month target prices for Pennantpark Floating Rate Capital's stock. Their forecasts range from $13.00 to $14.50. On average, they expect Pennantpark Floating Rate Capital's stock price to reach $13.63 in the next twelve months. This suggests a possible upside of 16.8% from the stock's current price. View Analyst Price Targets for Pennantpark Floating Rate Capital.

What is the consensus analysts' recommendation for Pennantpark Floating Rate Capital?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pennantpark Floating Rate Capital in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pennantpark Floating Rate Capital.

Has Pennantpark Floating Rate Capital been receiving favorable news coverage?

News coverage about PFLT stock has been trending very negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pennantpark Floating Rate Capital earned a coverage optimism score of -3.2 on InfoTrie's scale. They also assigned headlines about the asset manager a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Pennantpark Floating Rate Capital.

Are investors shorting Pennantpark Floating Rate Capital?

Pennantpark Floating Rate Capital saw a increase in short interest in the month of October. As of October 15th, there was short interest totalling 209,700 shares, an increase of 84.9% from the September 15th total of 113,400 shares. Based on an average daily volume of 134,100 shares, the days-to-cover ratio is presently 1.6 days. Approximately 0.6% of the shares of the company are sold short. View Pennantpark Floating Rate Capital's Current Options Chain.

Who are some of Pennantpark Floating Rate Capital's key competitors?

What other stocks do shareholders of Pennantpark Floating Rate Capital own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pennantpark Floating Rate Capital investors own include AT&T (T), Altria Group (MO), Gladstone Capital (GLAD), Gladstone Investment (GAIN), The Coca-Cola (KO), Oxford Lane Capital (OXLC), Main Street Capital (MAIN), The Zweig Total Return Fund (ZTR), Philip Morris International (PM) and Gladstone Commercial (GOOD).

Who are Pennantpark Floating Rate Capital's key executives?

Pennantpark Floating Rate Capital's management team includes the folowing people:
  • Mr. Arthur Howard Penn, Founder, Chairman & Chief Exec. Officer (Age 56)
  • Mr. Aviv Efrat, Treasurer & CFO (Age 55)
  • Mr. Jose A. Briones Jr., Partner
  • Mr. P. Whitridge Williams Jr., J.D., Partner
  • Mr. Thomas J. Friedmann Esq., Sec.

Who are Pennantpark Floating Rate Capital's major shareholders?

Pennantpark Floating Rate Capital's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Sound Income Strategies LLC (4.82%), LGT Capital Partners LTD. (2.13%), Janney Montgomery Scott LLC (1.06%), Confluence Investment Management LLC (0.45%), PFG Advisors (0.38%) and Resource America Inc. (0.34%). Company insiders that own Pennantpark Floating Rate Capital stock include Arthur H Penn, Aviv Efrat and Samuel L Katz. View Institutional Ownership Trends for Pennantpark Floating Rate Capital.

Which major investors are selling Pennantpark Floating Rate Capital stock?

PFLT stock was sold by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., Resource America Inc., Janney Montgomery Scott LLC, Wedbush Securities Inc., Taylor Frigon Capital Management LLC, Wambolt & Associates LLC, NEXT Financial Group Inc and Wiley BROS. Aintree Capital LLC. View Insider Buying and Selling for Pennantpark Floating Rate Capital.

Which major investors are buying Pennantpark Floating Rate Capital stock?

PFLT stock was purchased by a variety of institutional investors in the last quarter, including Sound Income Strategies LLC, Rational Advisors LLC, Envestnet Asset Management Inc., Commonwealth Equity Services LLC, First Allied Advisory Services Inc., California Public Employees Retirement System, Confluence Investment Management LLC and PFG Advisors. Company insiders that have bought Pennantpark Floating Rate Capital stock in the last two years include Arthur H Penn, Aviv Efrat and Samuel L Katz. View Insider Buying and Selling for Pennantpark Floating Rate Capital.

How do I buy shares of Pennantpark Floating Rate Capital?

Shares of PFLT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Pennantpark Floating Rate Capital's stock price today?

One share of PFLT stock can currently be purchased for approximately $11.67.

How big of a company is Pennantpark Floating Rate Capital?

Pennantpark Floating Rate Capital has a market capitalization of $452.47 million and generates $72.21 million in revenue each year. The asset manager earns $33.49 million in net income (profit) each year or $1.06 on an earnings per share basis. View Additional Information About Pennantpark Floating Rate Capital.

What is Pennantpark Floating Rate Capital's official website?

The official website for Pennantpark Floating Rate Capital is http://www.pennantpark.com/.

How can I contact Pennantpark Floating Rate Capital?

Pennantpark Floating Rate Capital's mailing address is 590 MADISON AVENUE 15TH FLOOR, NEW YORK NY, 10022. The asset manager can be reached via phone at 212-905-1000 or via email at [email protected]


MarketBeat Community Rating for Pennantpark Floating Rate Capital (NASDAQ PFLT)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  213 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  551
MarketBeat's community ratings are surveys of what our community members think about Pennantpark Floating Rate Capital and other stocks. Vote "Outperform" if you believe PFLT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PFLT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/11/2019 by MarketBeat.com Staff

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