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

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

Pennantpark Floating Rate Capital declared a monthly dividend on Tuesday, February 4th. Investors of record on Tuesday, February 18th will be given a dividend of $0.095 per share on Monday, March 2nd. This represents a $1.14 annualized dividend and a dividend yield of 9.25%. The ex-dividend date is Friday, February 14th. View Pennantpark Floating Rate Capital's Dividend History.

Pennantpark Floating Rate Capital Ltd (NASDAQ:PFLT) issued its quarterly earnings data on Wednesday, November, 20th. The asset manager reported $0.29 EPS for the quarter, hitting analysts' consensus estimates of $0.29. The asset manager had revenue of $23.88 million for the quarter, compared to analysts' expectations of $23.53 million. Pennantpark Floating Rate Capital had a return on equity of 9.01% and a net margin of 17.37%. View Pennantpark Floating Rate Capital's Earnings History.

Pennantpark Floating Rate Capital is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Pennantpark Floating Rate Capital.

4 equities research analysts have issued 1 year target prices for Pennantpark Floating Rate Capital's shares. Their forecasts range from $13.00 to $14.00. On average, they expect Pennantpark Floating Rate Capital's stock price to reach $13.33 in the next year. This suggests a possible upside of 8.2% from the stock's current price. View Analyst Price Targets 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.

Media stories about PFLT stock have been trending negative on Monday, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by analyzing 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 media sentiment score of -2.1 on InfoTrie's scale. They also assigned news coverage about the asset manager a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the stock's share price in the near term. View News Stories for Pennantpark Floating Rate Capital.

Pennantpark Floating Rate Capital saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 219,800 shares, a decrease of 19.2% from the January 15th total of 272,000 shares. Based on an average trading volume of 154,900 shares, the short-interest ratio is presently 1.4 days. Currently, 0.6% of the shares of the stock are short sold. View Pennantpark Floating Rate Capital's Current Options Chain.

Some companies that are related to Pennantpark Floating Rate Capital include TPG Specialty Lending (TSLX), New Mountain Finance (NMFC), Gladstone Investment (GAIN), PennantPark Investment (PNNT), Capital Southwest (CSWC), Triplepoint Venture Growth BDC (TPVG), Stellus Capital Investment (SCM), Oaktree Strategic Income (OCSI), Arlington Asset Investment (AI), THL Credit (TCRD), Safeguard Scientifics (SFE), OFS Capital (OFS), Capitala Finance (CPTA), Allied Minds (ALLWF) and InvestcorpCreditManagementBDCInc . (ICMB).

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), Gladstone Investment (GAIN), The Coca-Cola (KO), Main Street Capital (MAIN), Prospect Capital (PSEC), The Zweig Total Return Fund (ZTR) and Philip Morris International (PM).

Pennantpark Floating Rate Capital's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Sound Income Strategies LLC (5.49%), LGT Capital Partners LTD. (2.44%), UBS Group AG (1.60%), Van ECK Associates Corp (1.18%), Pacific Ridge Capital Partners LLC (1.04%) and Virtus ETF Advisers LLC (0.92%). 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.

PFLT stock was sold by a variety of institutional investors in the last quarter, including Relative Value Partners Group LLC, Punch & Associates Investment Management Inc., Muzinich & Co. Inc., Janney Montgomery Scott LLC, Stifel Financial Corp, UBS Group AG, Advisors Asset Management Inc. and Confluence Investment Management LLC. View Insider Buying and Selling for Pennantpark Floating Rate Capital.

PFLT stock was purchased by a variety of institutional investors in the last quarter, including Sound Income Strategies LLC, LGT Capital Partners LTD., Van ECK Associates Corp, Marshall Wace LLP, Oxford Asset Management LLP, Acadian Asset Management LLC, California Public Employees Retirement System and Wealthspire Advisors L.P.. 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.

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.

One share of PFLT stock can currently be purchased for approximately $12.32.

Pennantpark Floating Rate Capital has a market capitalization of $477.65 million and generates $92.95 million in revenue each year. The asset manager earns $11.42 million in net income (profit) each year or $1.17 on an earnings per share basis. View Additional Information About Pennantpark Floating Rate Capital.

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

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]