PennantPark Investment Corp. Company Profile (NASDAQ:PNNT)

About PennantPark Investment Corp.

PennantPark Investment Corp. logoPennantPark Investment Corporation (PennantPark Investment) is a business development company focused on generating income and capital appreciation through debt and equity investments in the United States middle-market companies in the form of senior secured loans, mezzanine debt and equity investments. The Company is a closed-end, externally managed, non-diversified investment company. It seeks to create a diversified portfolio that includes senior secured loans, mezzanine debt and equity investments. The Company's portfolio of industries include aerospace and defense, auto sector, beverage, food and tobacco, business services, cable television, communications, distribution, education, electronics, grocery, insurance, logistics, other media and retail stores. The Company has two wholly owned subsidiaries: SBIC LP and SBIC II. PennantPark Investment Advisers, LLC acts as the investment adviser of the Company.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NASDAQ
  • Symbol: PNNT
  • CUSIP: 70806210
Key Metrics:
  • Previous Close: $7.60
  • 50 Day Moving Average: $7.74
  • 200 Day Moving Average: $6.90
  • 52-Week Range: $4.65 - $8.30
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 7.68
  • P/E Growth: 1.82
  • Market Cap: $N/A
  • Beta: 1.35
Profitability:
  • Net Margins: -5.09%
  • Return on Equity: 11.20%
  • Return on Assets: 5.70%
Debt:
  • Debt-to-Equity Ratio: 0.97%
  • Current Ratio: 1.38%
  • Quick Ratio: 1.38%
Additional Links:
Companies Related to PennantPark Investment Corp.:

Analyst Ratings

Consensus Ratings for PennantPark Investment Corp. (NASDAQ:PNNT) (?)
Ratings Breakdown: 6 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $7.25 (4.61% downside)

Analysts' Ratings History for PennantPark Investment Corp. (NASDAQ:PNNT)
Show:
DateFirmActionRatingPrice TargetDetails
8/12/2016Jefferies GroupReiterated RatingHoldView Rating Details
8/10/2016JMP SecuritiesBoost Price TargetMarket Outperform$7.50 -> $8.50View Rating Details
8/9/2016FBR & CoBoost Price TargetOutperform$7.50 -> $8.00View Rating Details
7/27/2016DA DavidsonDowngradeBuy -> Neutral$10.00 -> $7.00View Rating Details
7/18/2016JPMorgan Chase & Co.DowngradeOverweight -> Neutral$7.00View Rating Details
5/8/2016Robert W. BairdReiterated RatingHoldView Rating Details
2/5/2016Keefe, Bruyette & WoodsLower Price TargetMarket Perform$8.50 -> $6.50View Rating Details
2/4/2016Credit Suisse Group AGLower Price Target$8.00 -> $7.00View Rating Details
2/4/2016Cantor FitzgeraldReiterated RatingHold$6.00View Rating Details
11/12/2015SunTrust Banks Inc.Lower Price TargetBuy$10.00 -> $9.50View Rating Details
8/6/2015MLV & Co.Reiterated RatingBuy$11.00 -> $10.00View Rating Details
7/1/2015BMO Capital MarketsInitiated CoverageHold$10.00View Rating Details
5/11/2015Ladenburg ThalmannDowngradeBuy -> NeutralView Rating Details
(Data available from 9/28/2014 forward)

Earnings

Earnings History for PennantPark Investment Corp. (NASDAQ:PNNT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2016        
8/8/2016Q3$0.25$0.25$35.47 million$35.54 millionViewN/AView Earnings Details
5/4/2016Q2$0.29$0.29$38.54 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$40.44 millionViewN/AView Earnings Details
5/6/2015Q215$0.28$0.29$42.40 millionViewN/AView Earnings Details
2/4/2015Q115$0.28$0.26$41.23 millionViewN/AView Earnings Details
11/12/2014Q414$0.28$0.34$36.80 millionViewN/AView Earnings Details
8/5/2014Q314$0.29$0.28$37.22 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)

Estimates

Earnings Estimates for PennantPark Investment Corp. (NASDAQ:PNNT)
Current Year EPS Consensus Estimate: $1.03 EPS
Next Year EPS Consensus Estimate: $0.99 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.27$0.30$0.28
Q2 20162$0.26$0.27$0.27
Q3 20164$0.23$0.27$0.26
Q4 20164$0.22$0.26$0.25
Q1 20174$0.24$0.27$0.25
Q2 20174$0.24$0.25$0.24
Q3 20174$0.24$0.26$0.25
Q4 20173$0.24$0.25$0.24
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for PennantPark Investment Corp. (NASDAQ:PNNT)
Annual Dividend:$1.12
Dividend Yield:14.74%
Payout Ratio:-1,244.31% (Based on Trailing 12 Months of Earnings)
108.74% (Based on Current Year Consensus EPS Estimate)
113.13% (Based on Next Year Consensus EPS Estimate)

Dividend History for PennantPark Investment Corp. (NASDAQ:PNNT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/6/2016quarterly$0.2813.79%9/19/20169/21/201610/3/2016
6/3/2016quarterly$0.2816.89%6/15/20166/20/20167/1/2016
3/3/2016quarterly$0.2818.45%3/16/20163/18/20164/1/2016
12/3/2015quarterly$0.2815.6%12/22/201512/24/20151/4/2016
9/3/2015quarterly$0.2814.8%9/17/20159/21/201510/1/2015
6/3/2015quarterly$0.2811.55%6/11/20156/15/20157/1/2015
3/4/2015quarterly$0.2811.61%3/18/20153/20/20154/1/2015
12/2/2014quarterly$0.2810.42%12/17/201412/19/20141/2/2015
9/3/2014quarterly$0.289.44%9/24/20149/26/201410/1/2014
6/3/2014quarterly$0.2810.22%6/17/20146/19/20147/1/2014
3/4/2014quarterly$0.289.86%3/18/20143/20/20144/1/2014
12/3/2013quarterly$0.289.44%12/18/201312/20/20131/2/2014
9/4/2013quarterly$0.289.96%9/18/20139/20/201310/1/2013
6/4/2013quarterly$0.2810.05%6/19/20136/21/20137/1/2013
6/3/2013quarterly$0.286/21/20138/1/2013
3/1/2013quarterly$0.289.57%3/20/20133/22/20134/1/2013
12/4/2012quarterly$0.2812/21/20121/2/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for PennantPark Investment Corp. (NASDAQ:PNNT)
Insider Ownership Percentage: 1.60%
Institutional Ownership Percentage: 33.42%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for PennantPark Investment Corp. (NASDAQ:PNNT)
DateHeadline
mysmartrend.com logoPennantPark Investment Has Returned 27.3% Since SmarTrend Recommendation (PNNT) (NASDAQ:PNNT)
www.mysmartrend.com - September 27 at 6:42 PM
investornewswire.com logoEPS Estimate For PennantPark Investment Corporation (NASDAQ:PNNT) Set At $0.24 - Investor Newswire (NASDAQ:PNNT)
www.investornewswire.com - September 21 at 10:52 AM
mysmartrend.com logoPennantPark Investment Up 27.5% Since SmarTrend Uptrend Call (PNNT) (NASDAQ:PNNT)
www.mysmartrend.com - September 20 at 12:04 PM
nasdaq.com logoPennantPark Investment Corporation (PNNT) Ex-Dividend Date Scheduled for September 19, 2016 - Nasdaq (NASDAQ:PNNT)
www.nasdaq.com - September 17 at 11:16 AM
biz.yahoo.com logoPENNANTPARK INVESTMENT CORP Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:PNNT)
biz.yahoo.com - September 16 at 10:22 AM
publicnow.com logoPennantPark Investment Corporation Announces Quarterly Distribution of $0.28 per Share (NASDAQ:PNNT)
www.publicnow.com - September 16 at 10:22 AM
thestreet.com logoCash Dividend On The Way From Pennantpark Investment (PNNT) (NASDAQ:PNNT)
www.thestreet.com - September 15 at 6:53 PM
mysmartrend.com logo32.1% Return Seen to Date on SmarTrend PennantPark Investment Call (PNNT) (NASDAQ:PNNT)
www.mysmartrend.com - September 12 at 6:31 PM
finance.yahoo.com logo6:08 pm Pennant Investment +4% in after hours - co announced quarterly distribution of $0.28 per share (unchanged from prior) (NASDAQ:PNNT)
finance.yahoo.com - September 5 at 10:57 AM
investornewswire.com logoWill PennantPark Investment Corporation (NASDAQ:PNNT) Surprise ... - Investor Newswire (NASDAQ:PNNT)
www.investornewswire.com - September 4 at 6:05 PM
News IconStock Moving Up to a Recent High: PennantPark Investment Corporation (NASDAQ:PNNT) - Post News (NASDAQ:PNNT)
www.kentuckypostnews.com - August 29 at 6:38 PM
mysmartrend.com logoUptrend Call Working As PennantPark Investment Stock Rises 29.4% (PNNT) (NASDAQ:PNNT)
www.mysmartrend.com - August 26 at 9:49 AM
mysmartrend.com logo31.0% Return Seen to Date on SmarTrend PennantPark Investment Call (PNNT) (NASDAQ:PNNT)
www.mysmartrend.com - August 18 at 7:03 PM
mysmartrend.com logo28.9% Return Seen to Date on SmarTrend PennantPark Investment Call (PNNT) (NASDAQ:PNNT)
www.mysmartrend.com - August 11 at 7:23 PM
finance.yahoo.com logoEdited Transcript of PNNT earnings conference call or presentation 9-Aug-16 2:00pm GMT (NASDAQ:PNNT)
finance.yahoo.com - August 10 at 9:59 AM
seekingalpha.com logoPennantPark's (PNNT) CEO Arthur Penn on Q3 2016 Results - Earnings Call Transcript (NASDAQ:PNNT)
seekingalpha.com - August 9 at 7:09 PM
sg.finance.yahoo.com logoPennantPark matches Street 3Q forecasts (NASDAQ:PNNT)
sg.finance.yahoo.com - August 8 at 7:08 PM
biz.yahoo.com logoQ3 2016 PennantPark Investment Corp Earnings Release - After Market Close (NASDAQ:PNNT)
biz.yahoo.com - August 8 at 11:38 AM
investornewswire.com logoWill PennantPark Investment Corporation (NASDAQ:PNNT) Surprise This Quarter? - Investor Newswire (NASDAQ:PNNT)
www.investornewswire.com - August 5 at 9:55 AM
tradecalls.org logoDA Davidson Downgrades PennantPark Investment Corp. to Neutral - Trade Calls (NASDAQ:PNNT)
www.tradecalls.org - August 3 at 10:08 AM
stocksdaily.net logoCan PennantPark Investment Corporation (NASDAQ:PNNT) Meet Analysts Expectations? - Stocks Daily (NASDAQ:PNNT)
www.stocksdaily.net - August 2 at 11:52 AM
fortune.com logoPennantPark Investment Corp. (NASDAQ:PNNT) got downgraded - Review Fortune (NASDAQ:PNNT)
reviewfortune.com - July 28 at 10:06 AM
benzinga.com logoAs PennantPark Risk/Reward Balances, D.A. Davidson Downgrades To Neutral (NASDAQ:PNNT)
www.benzinga.com - July 27 at 7:15 PM
finance.yahoo.com logoPennant Investment downgraded by DA Davidson (NASDAQ:PNNT)
finance.yahoo.com - July 27 at 6:04 AM
tradecalls.org logoJP Morgan Downgrades PennantPark Investment Corp. to Neutral - Trade Calls (NASDAQ:PNNT)
www.tradecalls.org - July 26 at 7:15 PM
tradecalls.org logoTrust Asset Management buys $998020 stake in PennantPark Investment Corp. (PNNT) - Trade Calls (NASDAQ:PNNT)
www.tradecalls.org - July 23 at 6:23 PM
News IconEquity Roundup: Stock Performance Focus on PennantPark Investment Corporation (NASDAQ:PNNT) - Press Telegraph (NASDAQ:PNNT)
presstelegraph.com - July 23 at 10:47 AM
News IconPennantpark Investment Corporation (NASDAQ:PNNT) Shorted Shares Increased By 25.7% - Consumer Eagle (NASDAQ:PNNT)
www.consumereagle.com - July 22 at 6:44 PM
News IconPennantPark Investment Corporation (NASDAQ:PNNT): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NASDAQ:PNNT)
www.engelwooddaily.com - July 21 at 7:11 PM
News IconShares Popping to a Recent High: PennantPark Investment Corporation (NASDAQ:PNNT) - Press Telegraph (NASDAQ:PNNT)
presstelegraph.com - July 21 at 7:11 PM
News IconShare Performance Summary for: PennantPark Investment Corporation (NASDAQ:PNNT) - Press Telegraph (NASDAQ:PNNT)
presstelegraph.com - July 18 at 6:59 PM
News IconPennantPark Investment Corporation (NASDAQ:PNNT) Wall Street Analyst Recommendation Outlook - TGP (NASDAQ:PNNT)
telanaganapress.com - July 18 at 6:59 PM
ftsenews.co.uk logoPennantPark Investment Corporation (NASDAQ:PNNT) Updated Price Targets - FTSE News (NASDAQ:PNNT)
www.ftsenews.co.uk - July 16 at 6:22 PM
News IconInsiders Increasing Positions in: PennantPark Investment Corporation (NASDAQ:PNNT) - Press Telegraph (NASDAQ:PNNT)
presstelegraph.com - July 14 at 7:10 PM
News IconPennantPark Investment Corporation (NASDAQ:PNNT) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NASDAQ:PNNT)
www.engelwooddaily.com - July 13 at 7:15 PM
News IconWere Analysts Bearish PennantPark Investment Corp. (NASDAQ:PNNT) This Week? - Consumer Eagle (NASDAQ:PNNT)
www.consumereagle.com - July 13 at 7:15 PM
fiscalstandard.com logoPennantPark Investment Corporation (NASDAQ:PNNT) Current Analyst Ratings - Fiscal Standard (NASDAQ:PNNT)
www.fiscalstandard.com - July 9 at 10:02 AM
seekingalpha.com logoQuarterly Review Of DivGro: Q2 2016 (NASDAQ:PNNT)
seekingalpha.com - July 8 at 9:47 AM
investornewswire.com logoWill PennantPark Investment Corporation (NASDAQ:PNNT) Surprise Analysts? - Investor Newswire (NASDAQ:PNNT)
www.investornewswire.com - July 7 at 9:45 AM
News IconShare Performance Recap for: PennantPark Investment Corporation (NASDAQ:PNNT) - Press Telegraph (NASDAQ:PNNT)
presstelegraph.com - July 5 at 11:20 AM
fiscalstandard.com logoPennantPark Investment Corporation (NASDAQ:PNNT) Broker Price Targets For The Coming Week - Fiscal Standard (NASDAQ:PNNT)
www.fiscalstandard.com - July 5 at 11:20 AM
investornewswire.com logoSales of $146.76 expected for PennantPark Investment Corporation (NASDAQ:PNNT) - Investor Newswire (NASDAQ:PNNT)
www.investornewswire.com - July 4 at 6:04 PM
News IconPennantpark Investment Corporation (NASDAQ:PNNT) Shorted Shares Increased By 17.93% - Engelwood Daily (NASDAQ:PNNT)
www.engelwooddaily.com - July 1 at 6:55 PM
publicnow.com logoPennantPark Investment Corporation Schedules Earnings Release of Third Fiscal Quarter 2016 Results (NASDAQ:PNNT)
www.publicnow.com - July 1 at 4:21 PM
News IconWere Analysts Bearish PennantPark Investment Corp. (NASDAQ:PNNT) This Week? - Press Telegraph (NASDAQ:PNNT)
presstelegraph.com - June 29 at 6:48 PM
News IconCovering the Bases on PennantPark Investment Corporation (NASDAQ:PNNT): Where is the Stock Going? - Press Telegraph (NASDAQ:PNNT)
presstelegraph.com - June 28 at 6:48 PM
investornewswire.com logoPennantPark Investment Corporation (NASDAQ:PNNT) Yearly Sales Target At $146.76 - Investor Newswire (NASDAQ:PNNT)
www.investornewswire.com - June 27 at 6:53 PM
investornewswire.com logoPennantPark Investment Corporation (NASDAQ:PNNT) Yearly Sales Projections At $146.76 - Investor Newswire (NASDAQ:PNNT)
www.investornewswire.com - June 20 at 6:40 PM
investornewswire.com logoCan PennantPark Investment Corporation (NASDAQ:PNNT) Keep Up with Analyst Expectations? - Investor Newswire (NASDAQ:PNNT)
www.investornewswire.com - June 20 at 8:28 AM
News IconFinancial Stocks Vigilant: PennantPark Investment Corp. (NASDAQ:PNNT), American Equity Investment Life Holding ... - share market updates (press release) (NASDAQ:PNNT)
sharemarketupdates.com - June 20 at 8:28 AM

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PennantPark Investment Corp. (NASDAQ:PNNT) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff