NASDAQ:PNNT - PennantPark Investment Stock Price, News, & Analysis

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$7.24 -0.06 (-0.82 %)
(As of 12/10/2018 04:00 PM ET)
Previous Close$7.30
Today's Range$7.13 - $7.32
52-Week Range$6.29 - $7.84
Volume269,800 shs
Average Volume263,694 shs
Market Capitalization$504.09 million
P/E Ratio9.64
Dividend Yield9.96%
Beta1.14
PennantPark Investment Corporation specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The fund typically invests in building and real estate, hotels and gaming, electronics, healthcare, education and childcare, financial services, printing and publishing, consumer products, business services, energy and utilities, distribution, oil and gas, media, environmental services, aerospace and defense, manufacturing industries and retail. It invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, subordinated loans, mezzanine loans, and senior secured loans. It seeks to invest in companies based in the United States. The fund seeks to invest between $10 million and $50 million in its portfolio companies. Its mezzanine loans, senior secured loans, and other investments in its portfolio companies are between $15 million and $50 million. The fund may also make non-control equity and debt investments.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Investors, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:PNNT
Previous Symbol
CUSIP70806210
Phone212-905-1000

Debt

Debt-to-Equity Ratio0.80
Current Ratio1.04
Quick Ratio1.04

Price-To-Earnings

Trailing P/E Ratio9.64
Forward P/E Ratio8.94
P/E GrowthN/A

Sales & Book Value

Annual Sales$108.28 million
Price / Sales4.62
Cash Flow$0.7479 per share
Price / Cash Flow9.68
Book Value$8.99 per share
Price / Book0.81

Profitability

EPS (Most Recent Fiscal Year)$0.75
Net Income$47.71 million
Net Margins44.06%
Return on Equity8.36%
Return on Assets4.60%

Miscellaneous

EmployeesN/A
Outstanding Shares69,050,000
Market Cap$504.09 million
OptionableOptionable

PennantPark Investment (NASDAQ:PNNT) Frequently Asked Questions

What is PennantPark Investment's stock symbol?

PennantPark Investment trades on the NASDAQ under the ticker symbol "PNNT."

How often does PennantPark Investment pay dividends? What is the dividend yield for PennantPark Investment?

PennantPark Investment declared a quarterly dividend on Thursday, December 6th. Stockholders of record on Friday, December 21st will be paid a dividend of $0.18 per share on Wednesday, January 2nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 9.94%. The ex-dividend date of this dividend is Thursday, December 20th. View PennantPark Investment's Dividend History.

How were PennantPark Investment's earnings last quarter?

PennantPark Investment Corp. (NASDAQ:PNNT) issued its quarterly earnings results on Thursday, November, 15th. The asset manager reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.01. The asset manager earned $27.62 million during the quarter, compared to the consensus estimate of $26.56 million. PennantPark Investment had a return on equity of 8.36% and a net margin of 44.06%. View PennantPark Investment's Earnings History.

When is PennantPark Investment's next earnings date?

PennantPark Investment is scheduled to release their next quarterly earnings announcement on Wednesday, February 6th 2019. View Earnings Estimates for PennantPark Investment.

What price target have analysts set for PNNT?

2 brokerages have issued 1-year price objectives for PennantPark Investment's shares. Their forecasts range from $8.00 to $8.00. On average, they expect PennantPark Investment's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price. View Analyst Price Targets for PennantPark Investment.

What is the consensus analysts' recommendation for PennantPark Investment?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PennantPark Investment in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PennantPark Investment.

Has PennantPark Investment been receiving favorable news coverage?

News headlines about PNNT stock have been trending very positive this week, according to InfoTrie. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PennantPark Investment earned a news impact score of 3.9 on InfoTrie's scale. They also gave news headlines about the asset manager a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.

Who are some of PennantPark Investment's key competitors?

Who are PennantPark Investment's key executives?

PennantPark Investment's management team includes the folowing people:
  • Mr. Arthur H. Penn, Founder, Chairman and Chief Exec. Officer (Age 55)
  • Mr. Aviv Efrat, Chief Financial Officer, Principal Accounting Officer and Treasurer (Age 54)
  • Mr. Guy Francis Talarico J.D., Chief Compliance Officer (Age 63)
  • Mr. Thomas J. Friedmann Esq., Sec.

Who are PennantPark Investment's major shareholders?

PennantPark Investment's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (4.51%), JPMorgan Chase & Co. (4.51%), LSV Asset Management (4.27%), Muzinich & Co. Inc. (2.51%), Clearbridge Investments LLC (2.53%) and Morgan Stanley (1.40%). Company insiders that own PennantPark Investment stock include Arthur H Penn and Aviv Efrat. View Institutional Ownership Trends for PennantPark Investment.

Which major investors are selling PennantPark Investment stock?

PNNT stock was sold by a variety of institutional investors in the last quarter, including Muzinich & Co. Inc., GSA Capital Partners LLP, LSV Asset Management, Morgan Stanley, Macquarie Group Ltd., Wells Fargo & Company MN, Janney Montgomery Scott LLC and Advisors Asset Management Inc.. View Insider Buying and Selling for PennantPark Investment.

Which major investors are buying PennantPark Investment stock?

PNNT stock was acquired by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Marshall Wace LLP, JPMorgan Chase & Co., JPMorgan Chase & Co., Mackenzie Financial Corp, Resource America Inc., LPL Financial LLC and Mirae Asset Global Investments Co. Ltd.. Company insiders that have bought PennantPark Investment stock in the last two years include Arthur H Penn and Aviv Efrat. View Insider Buying and Selling for PennantPark Investment.

How do I buy shares of PennantPark Investment?

Shares of PNNT 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, Scottrade, Fidelity and Charles Schwab.

What is PennantPark Investment's stock price today?

One share of PNNT stock can currently be purchased for approximately $7.24.

How big of a company is PennantPark Investment?

PennantPark Investment has a market capitalization of $504.09 million and generates $108.28 million in revenue each year. The asset manager earns $47.71 million in net income (profit) each year or $0.75 on an earnings per share basis.

What is PennantPark Investment's official website?

The official website for PennantPark Investment is http://www.pennantpark.com.

How can I contact PennantPark Investment?

PennantPark Investment'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 Investment (NASDAQ PNNT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  290 (Vote Outperform)
Underperform Votes:  341 (Vote Underperform)
Total Votes:  631
MarketBeat's community ratings are surveys of what our community members think about PennantPark Investment and other stocks. Vote "Outperform" if you believe PNNT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PNNT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/10/2018 by MarketBeat.com Staff

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