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.
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Industry, Sector and Symbol
Industry Investors, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Phone212-905-1000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$72.21 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date11/20/2019 (Confirmed)
OptionableOptionable
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 announced a monthly dividend on Friday, October 4th. Investors of record on Thursday, October 17th will be given a dividend of $0.095 per share on Friday, November 1st. This represents a $1.14 annualized dividend and a dividend yield of 9.96%. The ex-dividend date of this dividend is Wednesday, October 16th. 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) announced its earnings results on Wednesday, August, 7th. The asset manager reported $0.29 EPS for the quarter, missing the consensus estimate of $0.30 by $0.01. The asset manager earned $22.88 million during the quarter, compared to analysts' expectations of $22.90 million. Pennantpark Floating Rate Capital had a net margin of 16.65% and a return on equity of 8.83%. View Pennantpark Floating Rate Capital's Earnings History.
When is Pennantpark Floating Rate Capital's next earnings date?
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 1 year target prices for Pennantpark Floating Rate Capital's shares. Their forecasts range from $13.00 to $14.50. On average, they expect Pennantpark Floating Rate Capital's share price to reach $13.63 in the next year. This suggests a possible upside of 19.0% 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 stories about PFLT stock have been trending positive on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Pennantpark Floating Rate Capital earned a news sentiment score of 2.1 on InfoTrie's scale. They also gave news articles about the asset manager a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Pennantpark Floating Rate Capital.
Are investors shorting Pennantpark Floating Rate Capital?
Pennantpark Floating Rate Capital saw a decrease in short interest during the month of September. As of September 30th, there was short interest totalling 113,400 shares, a decrease of 44.1% from the August 30th total of 203,000 shares. Based on an average daily volume of 143,200 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.3% of the shares of the company are short sold. View Pennantpark Floating Rate Capital's Current Options Chain.
Who are some of Pennantpark Floating Rate Capital's key competitors?
Some companies that are related to Pennantpark Floating Rate Capital include TPG Specialty Lending (TSLX), New Mountain Finance (NMFC), Golub Capital BDC (GBDC), Gladstone Investment (GAIN), PennantPark Investment (PNNT), Triplepoint Venture Growth BDC (TPVG), Capital Southwest (CSWC), Stellus Capital Investment (SCM), Oaktree Strategic Income (OCSI), Safeguard Scientifics (SFE), THL Credit (TCRD), Arlington Asset Investment (AI), OFS Capital (OFS), Allied Minds (ALLWF) and Capitala Finance (CPTA).
What other stocks do shareholders of Pennantpark Floating Rate Capital own?
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 institutional and retail investors. Top institutional shareholders include Sound Income Strategies LLC (4.82%), LGT Capital Partners LTD. (2.13%), Confluence Investment Management LLC (0.45%), PFG Advisors (0.38%), Wiley BROS. Aintree Capital LLC (0.15%) and Wiley BROS. Aintree Capital LLC (0.15%). 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?
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, Confluence Investment Management LLC, PFG Advisors and Wiley BROS. Aintree Capital LLC. 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 $11.45.
How big of a company is Pennantpark Floating Rate Capital?
What is Pennantpark Floating Rate Capital's official website?
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)
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.
