PennantPark Investment Corporation Company Profile (NASDAQ:PNNT)

About PennantPark Investment Corporation (NASDAQ:PNNT)

PennantPark Investment Corporation logoPennantPark Investment Corporation is a closed-end, non-diversified investment company. The Company is a business development company. Its objectives are to generate both current income and capital appreciation while seeking to preserve capital through debt and equity investments primarily made to the United States middle-market companies in the form of senior secured debt, mezzanine debt and equity investments. The Company's debt investments may generally range in maturity from 3 to 10 years and, are made to the United States and to a limited extent, non-United States corporations, partnerships and other business entities, which operate in various industries and geographical regions. In addition, it may invest up to approximately 30% of its portfolio in non-qualifying assets. It invests in sectors, such as aerospace and defense; energy/utilities; auto sector; environmental services, and beverage, among others. PennantPark Investment Advisers, LLC is the Company's investment advisor.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Closed End Funds
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NASDAQ:PNNT
  • CUSIP: 70806210
  • Web:
Average Prices:
  • 50 Day Moving Avg: $7.56
  • 200 Day Moving Avg: $7.62
  • 52 Week Range: $6.86 - $8.68
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 9.88
  • P/E Growth: 4.61
  • Annual Dividend: $0.72
  • Dividend Yield: 9.4%
  • Net Margins: 53.92%
  • Return on Equity: 9.11%
  • Return on Assets: 4.72%
  • Debt-to-Equity Ratio: 0.84%
  • Current Ratio: 4.54%
  • Quick Ratio: 4.54%
  • Average Volume: 267,072 shs.
  • Beta: 1.26

Frequently Asked Questions for PennantPark Investment Corporation (NASDAQ:PNNT)

What is PennantPark Investment Corporation's stock symbol?

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

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

PennantPark Investment Corporation declared a quarterly dividend on Thursday, September 7th. Stockholders of record on Wednesday, September 20th will be given a dividend of $0.18 per share on Monday, October 2nd. This represents a $0.72 annualized dividend and a dividend yield of 9.46%. The ex-dividend date of this dividend is Tuesday, September 19th. View PennantPark Investment Corporation's Dividend History.

How were PennantPark Investment Corporation's earnings last quarter?

PennantPark Investment Corporation (NASDAQ:PNNT) released its earnings results on Monday, August, 7th. The company reported $0.18 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.20 by $0.02. The firm had revenue of $31.10 million for the quarter, compared to analyst estimates of $31.09 million. PennantPark Investment Corporation had a net margin of 53.92% and a return on equity of 9.11%. The firm's revenue for the quarter was down 12.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.25 earnings per share. View PennantPark Investment Corporation's Earnings History.

When will PennantPark Investment Corporation make its next earnings announcement?

PennantPark Investment Corporation is scheduled to release their next quarterly earnings announcement on Monday, November, 20th 2017. View Earnings Estimates for PennantPark Investment Corporation.

Where is PennantPark Investment Corporation's stock going? Where will PennantPark Investment Corporation's stock price be in 2017?

9 analysts have issued 12-month price objectives for PennantPark Investment Corporation's stock. Their predictions range from $6.00 to $9.00. On average, they anticipate PennantPark Investment Corporation's stock price to reach $8.14 in the next twelve months. View Analyst Ratings for PennantPark Investment Corporation.

Who are some of PennantPark Investment Corporation's key competitors?

Who are PennantPark Investment Corporation's key executives?

PennantPark Investment Corporation's management team includes the folowing people:

  • Arthur H. Penn, Chairman of the Board, Chief Executive Officer
  • Aviv Efrat, Chief Financial Officer, Treasurer
  • Guy F. Talarico, Chief Compliance Officer
  • Adam K. Bernstein, Independent Director
  • Marshall Brozost, Independent Director
  • Jeffrey Flug CPA, Independent Director
  • Samuel L. Katz, Independent Director

How do I buy PennantPark Investment Corporation stock?

Shares of PennantPark Investment Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is PennantPark Investment Corporation's stock price today?

One share of PennantPark Investment Corporation stock can currently be purchased for approximately $7.61.

MarketBeat Community Rating for PennantPark Investment Corporation (NASDAQ PNNT)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  142 (Vote Outperform)
Underperform Votes:  224 (Vote Underperform)
Total Votes:  366
MarketBeat's community ratings are surveys of what our community members think about PennantPark Investment Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for PennantPark Investment Corporation (NASDAQ:PNNT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 7 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.22)
Consensus Price Target: $8.14 (7.00% upside)
Consensus Price Target History for PennantPark Investment Corporation (NASDAQ:PNNT)
Price Target History for PennantPark Investment Corporation (NASDAQ:PNNT)
Analysts' Ratings History for PennantPark Investment Corporation (NASDAQ:PNNT)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/25/2017Keefe, Bruyette & WoodsSet Price TargetHold$9.00LowView Rating Details
8/9/2017J P Morgan Chase & CoUpgradeNeutral -> Overweight$8.00 -> $8.50HighView Rating Details
7/14/2017Jefferies Group LLCReiterated RatingHold$8.00LowView Rating Details
7/13/2017Compass PointInitiated CoverageBuy -> Buy$8.50MediumView Rating Details
5/11/2017JMP SecuritiesDowngradeOutperform -> Market PerformMediumView Rating Details
2/9/2017Ladenburg Thalmann Financial ServicesDowngradeBuy -> NeutralN/AView Rating Details
12/20/2016Janney Montgomery ScottInitiated CoverageNeutral$9.00N/AView Rating Details
11/26/2016Robert W. BairdReiterated RatingNeutral$6.00N/AView Rating Details
11/23/2016FBR & CoDowngradeOutperform -> Market Perform$8.00N/AView Rating Details
7/27/2016DA DavidsonDowngradeBuy -> Neutral$10.00 -> $7.00N/AView Rating Details
2/4/2016Credit Suisse GroupLower Price Target$8.00 -> $7.00N/AView Rating Details
2/4/2016Cantor FitzgeraldReiterated RatingHold$6.00N/AView Rating Details
11/12/2015SunTrust Banks, Inc.Lower Price TargetBuy$10.00 -> $9.50N/AView Rating Details
(Data available from 10/17/2015 forward)


Earnings History for PennantPark Investment Corporation (NASDAQ:PNNT)
Earnings by Quarter for PennantPark Investment Corporation (NASDAQ:PNNT)
Earnings History by Quarter for PennantPark Investment Corporation (NASDAQ PNNT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/20/2017$0.20N/AView Earnings Details
8/7/2017Q3 2017$0.20$0.18$31.09 million$31.10 millionViewListenView Earnings Details
5/8/2017Q2 2017$0.21$0.23$33.29 million$33.70 millionViewListenView Earnings Details
2/8/2017Q1 2017$0.21$0.21$31.34 million$31.90 millionViewListenView Earnings Details
11/21/2016Q4 2016$0.26$0.21$35.65 million$32.20 millionViewN/AView Earnings Details
8/8/2016Q3$0.25$0.25$35.47 million$35.54 millionViewN/AView Earnings Details
5/4/2016Q2$0.29$0.29$36.56 million$39.11 millionViewN/AView Earnings Details
2/3/2016Q116$0.25$0.23$37.76 million$35.26 millionViewN/AView Earnings Details
11/10/2015Q415$0.27$0.27$40.24 million$39.10 millionViewListenView Earnings Details
8/5/2015Q3$0.27$0.28$40.21 million$40.64 millionViewN/AView Earnings Details
5/6/2015Q215$0.28$0.29$41.70 million$42.66 millionViewN/AView Earnings Details
2/4/2015Q115$0.28$0.26$40.67 million$39.21 millionViewN/AView Earnings Details
11/12/2014Q414$0.28$0.34$36.55 million$40.14 millionViewN/AView Earnings Details
8/5/2014Q314$0.29$0.28$36.89 million$35.48 millionViewN/AView Earnings Details
5/7/2014Q214$0.28$0.30$35.91 million$37.88 millionViewN/AView Earnings Details
2/4/2014Q114$0.27$0.27$33.48 million$34.40 millionViewN/AView Earnings Details
11/13/2013Q413$0.26$0.26$32.94 millionViewN/AView Earnings Details
8/7/2013Q3 2013$0.27$0.27$34.01 million$33.72 millionViewN/AView Earnings Details
5/8/2013Q2 2013$0.27$0.25$33.32 millionViewN/AView Earnings Details
11/14/2012Q312$0.28$0.31$29.99 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for PennantPark Investment Corporation (NASDAQ:PNNT)
2017 EPS Consensus Estimate: $0.83
2018 EPS Consensus Estimate: $0.80
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.19$0.22$0.21
Q2 20174$0.20$0.22$0.21
Q3 20174$0.20$0.23$0.21
Q4 20174$0.19$0.22$0.20
Q1 20184$0.19$0.23$0.21
Q2 20184$0.18$0.22$0.20
Q3 20184$0.18$0.23$0.20
Q4 20184$0.18$0.22$0.20
(Data provided by Zacks Investment Research)


Current Dividend Information for PennantPark Investment Corporation (NASDAQ:PNNT)
Most Recent Dividend:10/2/2017
Annual Dividend:$0.72
Dividend Yield:9.46%
Payout Ratio:74.23% (Trailing 12 Months of Earnings)
86.75% (Based on This Year's Estimates)
93.51% (Based on Next Year's Estimates)
Dividend Payments by Quarter for PennantPark Investment Corporation (NASDAQ:PNNT)

Dividend History by Quarter for PennantPark Investment Corporation (NASDAQ PNNT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for PennantPark Investment Corporation (NASDAQ:PNNT)
Insider Ownership Percentage: 1.90%
Institutional Ownership Percentage: 42.72%
Insider Trades by Quarter for PennantPark Investment Corporation (NASDAQ:PNNT)
Institutional Ownership by Quarter for PennantPark Investment Corporation (NASDAQ:PNNT)
Insider Trades by Quarter for PennantPark Investment Corporation (NASDAQ:PNNT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/15/2017Arthur H PennChairmanBuy28,000$7.62$213,360.00View SEC Filing  
8/10/2017Arthur H PennChairmanBuy32,000$7.72$247,040.00View SEC Filing  
5/17/2017Arthur H PennChairmanBuy32,000$7.72$247,040.00View SEC Filing  
5/16/2017Arthur H PennCEOBuy17,000$7.77$132,090.00View SEC Filing  
5/15/2017Arthur H PennChairmanBuy28,000$7.78$217,840.00View SEC Filing  
12/6/2016Adam K BernsteinDirectorBuy200$7.67$1,534.00View SEC Filing  
12/1/2016Arthur H PennChairmanBuy10,000$7.52$75,200.00View SEC Filing  
11/29/2016Arthur H PennChairmanBuy10,000$7.44$74,400.00View SEC Filing  
11/28/2016Arthur H PennChairmanBuy10,000$7.38$73,800.00View SEC Filing  
11/25/2016Arthur H PennChairmanBuy20,000$7.16$143,200.00View SEC Filing  
11/23/2016Aviv EfratCFOBuy28,000$7.08$198,240.00View SEC Filing  
2/11/2016Samuel L. KatzDirectorBuy9,146$4.99$45,638.54View SEC Filing  
2/9/2016Samuel L. KatzDirectorBuy10,854$5.22$56,657.88View SEC Filing  
12/8/2015Jeffrey FlugDirectorBuy15,000$6.73$100,950.00View SEC Filing  
12/4/2015Jeffrey FlugDirectorBuy4,708$7.24$34,085.92View SEC Filing  
11/25/2015Jeffrey FlugDirectorBuy10,000$7.07$70,700.00View SEC Filing  
11/19/2015Jeffrey FlugDirectorBuy17,000$6.65$113,050.00View SEC Filing  
11/16/2015Jeffrey FlugDirectorBuy10,000$6.52$65,200.00View SEC Filing  
11/13/2015Samuel L KatzDirectorBuy5,809$6.42$37,293.78View SEC Filing  
11/12/2015Jeffrey FlugDirectorBuy32,472$6.50$211,068.00View SEC Filing  
2/19/2015Arthur H PennCEOBuy8,000$9.59$76,720.00View SEC Filing  
2/17/2015Arthur H PennCEOBuy11,000$9.46$104,060.00View SEC Filing  
2/12/2015Arthur H PennInsiderBuy7,000$9.32$65,240.00View SEC Filing  
2/11/2015Adam K BernsteinDirectorBuy2,750$9.16$25,190.00View SEC Filing  
2/11/2015Arthur H PennInsiderBuy10,000$9.27$92,700.00View SEC Filing  
2/10/2015Arthur H PennInsiderBuy8,000$9.32$74,560.00View SEC Filing  
2/10/2015Samuel L KatzDirectorBuy17,492$9.44$165,124.48View SEC Filing  
2/9/2015Arthur H PennInsiderBuy12,000$9.48$113,760.00View SEC Filing  
2/9/2015Aviv EfratCFOBuy12,632$9.54$120,509.28View SEC Filing  
2/6/2015Arthur H PennInsiderBuy20,000$9.50$190,000.00View SEC Filing  
2/6/2015Samuel L KatzDirectorBuy12,508$9.44$118,075.52View SEC Filing  
5/13/2014Jeffrey FlugDirectorBuy8,800$10.76$94,688.00View SEC Filing  
5/9/2014Samuel KatzDirectorBuy20,000$10.59$211,800.00View SEC Filing  
2/21/2013Jeffrey FlugDirectorBuy35,000$11.39$398,650.00View SEC Filing  
2/15/2013Jeffrey FlugDirectorBuy50,900$11.34$577,206.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for PennantPark Investment Corporation (NASDAQ:PNNT)
Latest Headlines for PennantPark Investment Corporation (NASDAQ:PNNT)
DateHeadline logoPennantPark Investment Corporation (PNNT) Lifted to Hold at Zacks Investment Research - October 15 at 9:02 PM logo Brokerages Anticipate PennantPark Investment Corporation (PNNT) to Post $0.19 Earnings Per Share - October 12 at 10:30 PM logoPennantpark Investment (PNNT) Shares Cross Above 200 DMA - October 5 at 5:02 PM logoPennantPark Investment Corporation (PNNT) Receives Consensus Recommendation of "Hold" from Analysts - September 27 at 8:56 AM logoHead to Head Review: Eaton Vance Tax Managed Buy Write Opport (ETV) and PennantPark Investment Corporation (PNNT) - September 22 at 6:06 AM logoThis Stock Has A 9.58% Yield And Sells For Less Than Book - September 20 at 7:53 AM logoPennantPark Investment Corporation (PNNT) Ex-Dividend Date Scheduled for September 19, 2017 - Nasdaq - September 19 at 6:40 AM logoContrasting PennantPark Investment Corporation (PNNT) & Its Rivals - September 18 at 6:10 AM logoPennantPark Investment Corporation (PNNT) vs. Its Competitors Financial Comparison - September 15 at 12:34 PM logoThis Stock Has A 9.59% Yield, Sells For Less Than Book, And Insiders Have Been Buying - September 14 at 9:19 AM logoPennantPark Investment Corporation (PNNT) to Issue $0.18 Quarterly Dividend - September 7 at 9:40 AM logoBlackRock Capital Investment Corporation (BKCC) versus PennantPark Investment Corporation (PNNT) Financial Review - August 28 at 8:10 PM logoPennantPark Investment Corporation Receives “BBB” Rating from Egan-Jones - GlobeNewswire (press release) - August 27 at 6:05 AM logoPennantPark Investment Corporation (PNNT) Given a $9.00 Price Target at Keefe, Bruyette & Woods - August 26 at 8:16 AM logoPennantPark Investment Corporation Receives “BBB” Rating from Egan-Jones - August 25 at 10:10 AM logoPennantPark Investment Corp.: A Case in Earnings Quality - August 24 at 11:13 AM logoPennant Park Investment Corp (PNNT) Chairman and CEO / Investment Arthur H Penn Bought $213360 ... - Nasdaq - August 17 at 6:55 AM logoPennantPark Investment Corporation (PNNT) and Capitala Finance Corp. (CPTA) Head-To-Head Analysis - August 16 at 10:28 PM logoPennantPark Investment Corporation (PNNT) Chairman Arthur H. Penn Acquires 28,000 Shares - August 15 at 10:22 PM logoFY2017 Earnings Estimate for PennantPark Investment Corporation (PNNT) Issued By SunTrust Banks - August 11 at 10:45 AM logoArthur H. Penn Buys 32,000 Shares of PennantPark Investment Corporation (PNNT) Stock - August 10 at 8:12 PM logoQ4 2017 EPS Estimates for PennantPark Investment Corporation Reduced by SunTrust Banks (NASDAQ:PNNT) - August 10 at 10:46 AM logoFY2017 EPS Estimates for PennantPark Investment Corporation Lifted by Analyst (NASDAQ:PNNT) - August 10 at 10:42 AM logoPennantPark Investment's (PNNT) CEO Arthur Penn on Q3 2017 Results - Earnings Call Transcript - August 10 at 6:56 AM logoDA Davidson Weighs in on PennantPark Investment Corporation's FY2017 Earnings (NASDAQ:PNNT) - August 9 at 8:36 AM logoPennantPark Investment Corporation Announces Financial Results ... - GlobeNewswire (press release) - August 9 at 6:30 AM logoPennantPark Investment's (PNNT) CEO Arthur Penn on Q3 2017 Results - Earnings Call Transcript - Seeking Alpha - August 9 at 6:30 AM logoEdited Transcript of PNNT earnings conference call or presentation 8-Aug-17 2:00pm GMT - August 9 at 6:30 AM logoPennantPark Investment Corporation (NASDAQ:PNNT) Given Consensus Rating of "Hold" by Analysts - August 8 at 8:50 AM logoPennantPark Investment Corporation: Seeking Piotroski - August 8 at 6:15 AM logoPennantPark Investment Corporation Announces Financial Results for the Quarter Ended June 30, 2017 - August 8 at 6:15 AM logoPennantPark misses Street 3Q forecasts - August 8 at 6:15 AM logoPennantPark Investment Corporation (PNNT) Posts Earnings Results, Beats Estimates By $0.03 EPS - August 7 at 8:08 PM logoPennantPark Investment Corporation (PNNT) Set to Announce Quarterly Earnings on Monday - July 31 at 9:48 AM logoFinancial Comparison: Prospect Capital Corporation (PSEC) & PennantPark Investment Corporation (PNNT) - July 31 at 9:07 AM logoTICC Capital Corp. (TICC) and PennantPark Investment Corporation (NASDAQ:PNNT) Critical Review - July 27 at 8:11 PM logoPennantPark Investment Corporation (NASDAQ:PNNT) Given "Hold" Rating at Keefe, Bruyette & Woods - July 25 at 5:45 PM logoContrasting Gladstone Investment Corporation (GAIN) and PennantPark Investment Corporation (NASDAQ:PNNT) - July 25 at 12:28 AM logoPennantPark Investment Corporation (PNNT) Coverage Initiated by Analysts at Compass Point - July 16 at 7:02 PM logoPennantPark Investment Corporation (PNNT) Given Hold Rating at Jefferies Group LLC - July 14 at 11:02 PM logoPennantPark Investment Corporation (PNNT) Receives Consensus Rating of "Hold" from Analysts - July 14 at 11:33 AM logoPennantPark Investment Corporation Schedules Earnings Release of Third Fiscal Quarter 2017 Results - July 12 at 9:45 AM logo Brokerages Expect PennantPark Investment Corporation (NASDAQ:PNNT) Will Announce Quarterly Sales of $31.42 Million - July 8 at 8:58 AM logoPennantPark Investment Corporation (PNNT) Ex-Dividend Date Scheduled for June 19, 2017 - Nasdaq - June 17 at 8:00 PM logoMonthly Review Of DivGro: May 2017 - June 11 at 7:33 PM logoHigher Yield BDCs Continue To Pull Back - June 6 at 8:08 PM logoDaily Dividend Report: ARE, GG, CBL, PNNT, PFLT, SBR - Nasdaq - June 6 at 8:11 AM logoPennantPark Investment Corporation Announces Quarterly Distribution of $0.18 per Share - GlobeNewswire (press release) - June 2 at 9:54 PM logoIdentifying Risk In BDCs - PennantPark Floating Rate Capital - May 31 at 6:24 PM logoPennantPark Investment Says Credit Facility Amendment Results in 'Considerable' Savings of Interest Expense - May 27 at 7:37 PM



PennantPark Investment Corporation (PNNT) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by Staff

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