NASDAQ:PFLT PennantPark Floating Rate Capital - PFLT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding PennantPark Floating Rate Capital Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. $10.61 0.00 (0.00%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$10.52▼$10.6850-Day Range$9.98▼$11.8152-Week Range$9.43▼$14.38Volume164,003 shsAverage Volume439,344 shsMarket Capitalization$527.10 millionP/E RatioN/ADividend Yield11.31%Price Target$12.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media PennantPark Floating Rate Capital MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside13.1% Upside$12.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-2.40%From $1.25 to $1.22 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.37 out of 5 starsFinance Sector873rd out of 892 stocksInvestors, Not Elsewhere Classified Industry13th out of 15 stocks 2.5 Analyst's Opinion Consensus RatingPennantPark Floating Rate Capital has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.00, PennantPark Floating Rate Capital has a forecasted upside of 13.1% from its current price of $10.61.Amount of Analyst CoveragePennantPark Floating Rate Capital has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PFLT. Previous Next 1.7 Dividend Strength Dividend LeadershipPennantPark Floating Rate Capital is a leading dividend payer. It pays a dividend yield of 11.56%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPennantPark Floating Rate Capital has only been increasing its dividend for 1 years.Dividend SustainabilityBased on EPS estimates, PennantPark Floating Rate Capital will have a dividend payout ratio of 98.36% in the coming year. This indicates that PennantPark Floating Rate Capital may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PFLT. Previous Next 0.6 News and Social Media Coverage Search InterestOnly 60 people have searched for PFLT on MarketBeat in the last 30 days. This is a decrease of -54% compared to the previous 30 days.MarketBeat Follows6 people have added PennantPark Floating Rate Capital to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PennantPark Floating Rate Capital insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of PennantPark Floating Rate Capital is held by insiders.Percentage Held by InstitutionsOnly 21.02% of the stock of PennantPark Floating Rate Capital is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for PennantPark Floating Rate Capital are expected to decrease by -2.40% in the coming year, from $1.25 to $1.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PennantPark Floating Rate Capital is -33.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of PennantPark Floating Rate Capital is -33.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPennantPark Floating Rate Capital has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About PennantPark Floating Rate Capital (NASDAQ:PFLT) StockPennantPark 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 investment in mezzanine and buyout stage capital requirements.Read More Receive PFLT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PennantPark Floating Rate Capital and its competitors with MarketBeat's FREE daily newsletter. Email Address PFLT Stock News HeadlinesMarch 15, 2023 | benzinga.comPennantPark Floating Rate Stock (NYSE:PFLT), Trade IdeasMarch 15, 2023 | benzinga.comPennantPark Floating Rate Stock (NYSE:PFLT), Short Interest ReportMarch 30, 2023 | The Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.February 9, 2023 | ng.investing.comPennantPark Floating Rate Capital earnings beat, revenue topped estimatesFebruary 8, 2023 | finance.yahoo.comPennantPark Floating Rate Capital Ltd. Announces 5.3% Increase of Its Monthly Distribution to $0.10 per Share and Financial Results for the Quarter Ended December 31, 2022January 24, 2023 | markets.businessinsider.comPennantPark Floating Rate Capital Down 7%; To Sell 4.25 Mln SharesJanuary 23, 2023 | msn.comPennantPark Floating Rate Capital falls 7% on primary stock offeringJanuary 5, 2023 | finance.yahoo.comPennantPark Floating Rate Capital Ltd. Schedules Earnings Release of First Fiscal Quarter 2023 ResultsMarch 30, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastJanuary 3, 2023 | benzinga.comPennantPark Floating Rate Stock (NYSE:PFLT), DividendsDecember 24, 2022 | finance.yahoo.comPennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) Q4 2022 Earnings Call TranscriptNovember 22, 2022 | seekingalpha.com10%-Yielding PennantPark Floating Rate: Big Total Return PotentialNovember 16, 2022 | finance.yahoo.comPennantPark Floating Rate Capital Ltd. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2022November 15, 2022 | markets.businessinsider.comWhat Wall Street expects from PennantPark Floating Rate Capital's earningsNovember 15, 2022 | finance.yahoo.comWhat's in the Cards for PennantPark (PFLT) in Q4 Earnings?October 21, 2022 | finance.yahoo.comPennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Fourth Fiscal Quarter 2022 ResultsOctober 13, 2022 | nasdaq.comCash Dividend On The Way From Pennantpark Floating Rate Capital (PFLT)September 23, 2022 | seekingalpha.comPFLT PennantPark Floating Rate CapitalSeptember 21, 2022 | finance.yahoo.comPennantPark Floating Rate Capital Ltd. Upsizes Credit Facility to $366 MillionAugust 24, 2022 | fool.comPennantPark Floating Rate Capital (NYSE: PFLT)August 22, 2022 | finance.yahoo.comPennantPark (PFLT) Moves to Strong Buy: Rationale Behind the UpgradeAugust 8, 2022 | finance.yahoo.comPennantPark Floating Rate Capital Ltd. Announces Pricing of Public Offering of Common StockAugust 8, 2022 | finance.yahoo.comPennantPark Floating Rate Capital Ltd. Announces Public Offering of Common StockAugust 4, 2022 | seekingalpha.comPennantPark Floating Rate Capital (PFLT) CEO Art Penn on Q3 2022 Results - Earnings Call TranscriptAugust 3, 2022 | finance.yahoo.comPennantPark Floating Rate Capital Ltd. Announces Financial Results for the Quarter Ended June 30, 2022July 6, 2022 | benzinga.comPennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Third Fiscal Quarter 2022 ResultsMay 6, 2022 | finance.yahoo.comPennantPark Floating Rate Capital Ltd. Appoints Senior Partner of PennantPark to Its Board of DirectorsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PFLT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PennantPark Floating Rate Capital and its competitors with MarketBeat's FREE daily newsletter. Email Address PFLT Company Calendar Last Earnings2/09/2023Ex-Dividend for 3/1 Dividend2/15/2023Dividend Payable3/01/2023Ex-Dividend for 4/3 Dividend3/15/2023Today3/29/2023Dividend Payable4/03/2023Next Earnings (Estimated)5/03/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Investors, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:PFLT CUSIPN/A CIK1504619 Webwww.pennantpark.com Phone(212) 905-1000Fax212-905-1075EmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$12.00 High Stock Price Forecast$12.00 Low Stock Price Forecast$12.00 Forecasted Upside/Downside+13.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.32) Trailing P/E RatioN/A Forward P/E Ratio8.49 P/E GrowthN/ANet Income$3.45 million Net Margins-11.40% Pretax Margin-11.40% Return on Equity9.60% Return on Assets3.94% Debt Debt-to-Equity Ratio0.44 Current Ratio0.13 Quick Ratio0.13 Sales & Book Value Annual Sales$105.49 million Price / Sales5.00 Cash Flow$1.68 per share Price / Cash Flow6.31 Book Value$11.62 per share Price / Book0.91Miscellaneous Outstanding Shares49,680,000Free Float49,185,000Market Cap$527.10 million OptionableOptionable Beta1.64 Key ExecutivesArthur Howard PennChairman & Chief Executive OfficerRichard T. AllortoChief Financial Officer & TreasurerGuy F. TalaricoChief Compliance OfficerThomas J. FriedmannSecretaryKey CompetitorsGladstone InvestmentNASDAQ:GAINCapital SouthwestNASDAQ:CSWCTriplePoint Venture Growth BDCNYSE:TPVGPennantPark InvestmentNASDAQ:PNNTStellus Capital InvestmentNYSE:SCMView All CompetitorsInstitutional OwnershipNatixisBought 3,250 shares on 2/24/2023Ownership: 0.056%Altshuler Shaham LtdSold 52,000 shares on 2/16/2023Ownership: 3.702%Morgan StanleySold 13,165 shares on 2/15/2023Ownership: 0.544%Toroso Investments LLCBought 3,585 shares on 2/15/2023Ownership: 0.130%Millennium Management LLCSold 6,748 shares on 2/15/2023Ownership: 0.035%View All Institutional Transactions PFLT Stock - Frequently Asked Questions Should I buy or sell PennantPark Floating Rate Capital stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PennantPark Floating Rate Capital in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PFLT shares. View PFLT analyst ratings or view top-rated stocks. What is PennantPark Floating Rate Capital's stock price forecast for 2023? 2 Wall Street research analysts have issued twelve-month price targets for PennantPark Floating Rate Capital's shares. Their PFLT share price forecasts range from $12.00 to $12.00. On average, they predict the company's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 13.1% from the stock's current price. View analysts price targets for PFLT or view top-rated stocks among Wall Street analysts. How have PFLT shares performed in 2023? PennantPark Floating Rate Capital's stock was trading at $10.98 at the start of the year. Since then, PFLT shares have decreased by 3.4% and is now trading at $10.61. 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, May 3rd 2023. View our PFLT earnings forecast. How were PennantPark Floating Rate Capital's earnings last quarter? PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) posted its quarterly earnings results on Thursday, February, 9th. The asset manager reported $0.30 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.30. The asset manager earned $31.34 million during the quarter, compared to the consensus estimate of $29.59 million. PennantPark Floating Rate Capital had a negative net margin of 11.40% and a positive trailing twelve-month return on equity of 9.60%. During the same quarter in the prior year, the firm posted $0.33 EPS. 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 Thursday, February 9th. Shareholders of record on Thursday, March 16th will be paid a dividend of $0.10 per share on Monday, April 3rd. This represents a $1.20 dividend on an annualized basis and a yield of 11.31%. The ex-dividend date is Wednesday, March 15th. This is a boost from the stock's previous monthly dividend of $0.10. Read our dividend analysis for PFLT. What ETFs hold PennantPark Floating Rate Capital's stock? ETFs with the largest weight of PennantPark Floating Rate Capital (NASDAQ:PFLT) stock in their portfolio include Sound Enhanced Fixed Income ETF (SDEF) and Virtus Private Credit Strategy ETF (VPC).VanEck BDC Income ETF (BIZD). Is PennantPark Floating Rate Capital a good dividend stock? PennantPark Floating Rate Capital (NASDAQ:PFLT) pays an annual dividend of $1.20 per share and currently has a dividend yield of 11.56%. PFLT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 Global Dividend & Income 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 retail and institutional investors. Top institutional shareholders include Sound Income Strategies LLC (6.32%), Altshuler Shaham Ltd (3.70%), Van ECK Associates Corp (1.29%), First Republic Investment Management Inc. (0.73%), Advisors Asset Management Inc. (0.62%) and Legal & General Group Plc (0.60%). Insiders that own company stock include Adam K Bernstein 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 $10.61. How much money does PennantPark Floating Rate Capital make? PennantPark Floating Rate Capital (NASDAQ:PFLT) has a market capitalization of $527.10 million and generates $105.49 million in revenue each year. The asset manager earns $3.45 million in net income (profit) each year or ($0.32) 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 3/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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