S&P 500   3,852.36
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MarketBeat Week in Review – 1/30 - 2/3
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
“Future Fuel” will unleash $11 trillion wave of wealth (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
NASDAQ:PFLT

PennantPark Floating Rate Capital - PFLT Stock Forecast, Price & News

$11.01
+0.03 (+0.27%)
(As of 02/3/2023 12:00 AM ET)
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Compare
Today's Range
$10.97
$11.08
50-Day Range
$10.63
$12.20
52-Week Range
$9.43
$14.38
Volume
336,938 shs
Average Volume
605,015 shs
Market Capitalization
$499.26 million
P/E Ratio
122.33
Dividend Yield
10.37%
Price Target
N/A
PFLT stock logo

About PennantPark Floating Rate Capital (NASDAQ:PFLT) Stock

PennantPark Floating Rate Capital Ltd., a traded fund, invests in middle market companies located in the United States. It targets companies operating across a broad range of sectors. It provides debt for debt and buyout transactions.

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PFLT Stock News Headlines

PennantPark Floating Rate Capital Down 7%; To Sell 4.25 Mln Shares
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
What's in the Cards for PennantPark (PFLT) in Q4 Earnings?
PFLT PennantPark Floating Rate Capital
See More Headlines
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PFLT Company Calendar

Last Earnings
11/16/2022
Ex-Dividend for 1/3 Dividend
12/16/2022
Dividend Payable
1/03/2023
Ex-Dividend for 2/1 Dividend
1/18/2023
Dividend Payable
2/01/2023
Today
2/04/2023
Next Earnings (Estimated)
2/08/2023
Fiscal Year End
9/30/2023

Industry, Sector and Symbol

Industry
Investors, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:PFLT
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$3.45 million
Pretax Margin
3.27%

Debt

Sales & Book Value

Annual Sales
$11.61 million
Cash Flow
$1.65 per share
Book Value
$11.62 per share

Miscellaneous

Free Float
44,439,000
Market Cap
$499.26 million
Optionable
Optionable
Beta
1.65

Key Executives

  • Arthur Howard Penn
    Chairman & Chief Executive Officer
  • Richard T. Allorto
    Chief Financial Officer & Treasurer
  • Guy F. Talarico
    Chief Compliance Officer
  • Thomas J. Friedmann
    Secretary













PFLT Stock - Frequently Asked Questions

How have PFLT shares performed in 2023?

PennantPark Floating Rate Capital's stock was trading at $10.98 at the beginning of 2023. Since then, PFLT stock has increased by 0.3% and is now trading at $11.01.
View the best growth stocks for 2023 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our PFLT earnings forecast
.

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

PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) announced its earnings results on Wednesday, November, 16th. The asset manager reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by $0.01. The asset manager earned $28.79 million during the quarter, compared to the consensus estimate of $27.04 million. PennantPark Floating Rate Capital had a trailing twelve-month return on equity of 9.48% and a net margin of 3.28%.

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, January 6th. Investors of record on Thursday, January 19th will be given a dividend of $0.095 per share on Wednesday, February 1st. This represents a $1.14 annualized dividend and a yield of 10.35%. The ex-dividend date is Wednesday, January 18th.
Read our dividend analysis for PFLT
.

Is PennantPark Floating Rate Capital a good dividend stock?

PennantPark Floating Rate Capital (NASDAQ:PFLT) pays an annual dividend of $1.14 per share and currently has a dividend yield of 10.37%. PFLT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 1,266.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, PFLT will have a dividend payout ratio of 95.00% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for PFLT.

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), Oxford Lane Capital (OXLC), Coca-Cola (KO), Gladstone Investment (GAIN), Main Street Capital (MAIN), Prospect Capital (PSEC), Enterprise Products Partners (EPD) and Virtus Total Return Fund (ZTR).

What is PennantPark Floating Rate Capital's stock symbol?

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

Who are PennantPark Floating Rate Capital's major shareholders?

PennantPark Floating Rate Capital's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Sound Income Strategies LLC (6.32%), Hennion & Walsh Asset Management Inc. (0.46%), PFG Advisors (0.30%), Mckinley Capital Management LLC Delaware (0.20%), AE Wealth Management LLC (0.10%) and International Assets Investment Management LLC (0.06%). Insiders that own company stock include Adam K Bernstein, Arthur H Penn, Aviv Efrat, Jeffrey Flug and Samuel L Katz.
View institutional ownership trends
.

How do I buy shares of PennantPark Floating Rate Capital?

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

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

One share of PFLT stock can currently be purchased for approximately $11.01.

How much money does PennantPark Floating Rate Capital make?

PennantPark Floating Rate Capital (NASDAQ:PFLT) has a market capitalization of $499.26 million and generates $11.61 million in revenue each year. The asset manager earns $3.45 million in net income (profit) each year or $0.09 on an earnings per share basis.

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 official website for the company is www.pennantpark.com. The asset manager can be reached via phone at (212) 905-1000, via email at investorrelations@pennantpark.com, or via fax at 212-905-1075.

This page (NASDAQ:PFLT) was last updated on 2/4/2023 by MarketBeat.com Staff