NASDAQ:PFLT - Pennantpark Floating Rate Capital Stock Price, News & Analysis

$11.63
-0.11 (-0.94 %)
(As of 09/16/2019 04:00 PM ET)
Today's Range
$11.5875
Now: $11.63
$11.67
50-Day Range
$11.18
MA: $11.55
$11.77
52-Week Range
$11.05
Now: $11.63
$13.45
Volume107,361 shs
Average Volume146,087 shs
Market Capitalization$450.92 million
P/E Ratio10.97
Dividend Yield9.71%
Beta0.73
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$1.0122 per share
Book Value$13.82 per share

Profitability

Net Income$33.49 million

Miscellaneous

EmployeesN/A
Market Cap$450.92 million
Next Earnings Date11/13/2019 (Estimated)
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 announced a monthly dividend on Thursday, September 5th. Stockholders of record on Tuesday, September 17th will be given a dividend of $0.095 per share on Tuesday, October 1st. This represents a $1.14 annualized dividend and a dividend yield of 9.80%. The ex-dividend date is Monday, September 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) released its quarterly earnings data on Wednesday, August, 7th. The asset manager reported $0.29 earnings per share (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 analyst estimates 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?

Pennantpark Floating Rate Capital is scheduled to release their next quarterly earnings announcement on Wednesday, November 13th 2019. View Earnings Estimates for Pennantpark Floating Rate Capital.

What price target have analysts set for PFLT?

4 brokerages have issued 1 year price objectives for Pennantpark Floating Rate Capital's stock. Their predictions range from $13.00 to $14.50. On average, they expect Pennantpark Floating Rate Capital's stock price to reach $13.6250 in the next year. This suggests a possible upside of 17.2% 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 trended somewhat positive on Monday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. 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 daily sentiment score of 0.9 on InfoTrie's scale. They also gave news stories about the asset manager a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Pennantpark Floating Rate Capital.

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), Gladstone Commercial (GOOD) and Philip Morris International (PM).

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 variety of of institutional and retail investors. Top institutional investors include Altshuler Shaham Ltd (4.88%), Sound Income Strategies LLC (4.12%), LGT Capital Partners LTD. (2.89%), UBS Group AG (1.73%), Janney Montgomery Scott LLC (1.15%) and Van ECK Associates Corp (0.94%). 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 institutional investors are selling Pennantpark Floating Rate Capital stock?

PFLT stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, West Family Investments Inc., Wells Fargo & Company MN, D. E. Shaw & Co. Inc., Royal Bank of Canada, BlackRock Inc., Greenwich Investment Management Inc. and Wiley BROS. Aintree Capital LLC. View Insider Buying and Selling for Pennantpark Floating Rate Capital.

Which institutional investors are buying Pennantpark Floating Rate Capital stock?

PFLT stock was bought by a variety of institutional investors in the last quarter, including Sound Income Strategies LLC, Virtus ETF Advisers LLC, Acadian Asset Management LLC, Ancora Advisors LLC, Susquehanna International Group LLP, Van ECK Associates Corp, Confluence Investment Management LLC and LGT Capital Partners LTD.. 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 $11.63.

How big of a company is Pennantpark Floating Rate Capital?

Pennantpark Floating Rate Capital has a market capitalization of $450.92 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:  2.0 out of 5 (star star)
Outperform Votes:  209 (Vote Outperform)
Underperform Votes:  314 (Vote Underperform)
Total Votes:  523
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 9/16/2019 by MarketBeat.com Staff

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