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

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$7.22 +0.03 (+0.42 %)
(As of 02/21/2019 09:05 AM ET)
Previous Close$7.19
Today's Range$7.11 - $7.24
52-Week Range$6.21 - $7.84
Volume210,423 shs
Average Volume275,769 shs
Market Capitalization$491.18 million
P/E Ratio9.63
Dividend Yield10.01%
Beta1.21
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$108.28 million
Cash Flow$0.7576 per share
Book Value$9.05 per share

Profitability

Net Income$47.71 million

Miscellaneous

EmployeesN/A
Market Cap$491.18 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. Investors of record on Friday, December 21st will be given a dividend of $0.18 per share on Wednesday, January 2nd. This represents a $0.72 annualized dividend and a yield of 9.97%. 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) announced its quarterly earnings results on Thursday, February, 7th. The asset manager reported $0.18 EPS for the quarter, missing the Zacks' consensus estimate of $0.20 by $0.02. The asset manager had revenue of $27.38 million for the quarter, compared to analyst estimates of $28.38 million. PennantPark Investment had a return on equity of 8.21% and a net margin of 39.44%. 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, May 8th 2019. View Earnings Estimates for PennantPark Investment.

What price target have analysts set for PNNT?

2 brokers have issued 12 month price objectives for PennantPark Investment's stock. Their predictions range from $7.00 to $8.00. On average, they anticipate PennantPark Investment's share price to reach $7.50 in the next twelve months. This suggests a possible upside of 3.9% 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 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PennantPark Investment.

Has PennantPark Investment been receiving favorable news coverage?

News headlines about PNNT stock have trended somewhat negative on Thursday, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PennantPark Investment earned a daily sentiment score of -1.7 on InfoTrie's scale. They also assigned news stories about the asset manager a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company'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 investors include LSV Asset Management (4.21%), West Family Investments Inc. (1.49%), Confluence Investment Management LLC (1.17%), Relative Value Partners Group LLC (1.08%), Bank of Montreal Can (1.05%) and Signia Capital Management LLC (0.95%). 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 Two Sigma Investments LP, D. E. Shaw & Co. Inc., Confluence Investment Management LLC, LSV Asset Management, Two Sigma Advisers LP, Sterneck Capital Management LLC, Wedge Capital Management L L P NC and Van ECK Associates Corp. 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 B. Riley Wealth Management Inc., Millennium Management LLC, West Family Investments Inc., Summit Global Investments, Advisors Capital Management LLC, Advisors Asset Management Inc., RHS Financial LLC and Advisor Group Inc.. 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 $7.22.

How big of a company is PennantPark Investment?

PennantPark Investment has a market capitalization of $491.18 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:  296 (Vote Outperform)
Underperform Votes:  347 (Vote Underperform)
Total Votes:  643
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 2/21/2019 by MarketBeat.com Staff

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