Log in

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

$6.63
-0.01 (-0.15 %)
(As of 01/24/2020 04:00 PM ET)
Today's Range
$6.60
Now: $6.63
$6.66
50-Day Range
$6.33
MA: $6.58
$6.82
52-Week Range
$5.84
Now: $6.63
$7.34
Volume215,001 shs
Average Volume268,378 shs
Market Capitalization$444.48 million
P/E Ratio27.63
Dividend Yield10.84%
Beta1.12
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. Read More…

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$112.11 million
Cash Flow$0.64 per share
Book Value$8.68 per share

Profitability

Net Income$15.93 million

Miscellaneous

EmployeesN/A
Market Cap$444.48 million
Next Earnings Date2/6/2020 (Confirmed)
OptionableOptionable

Receive PNNT News and Ratings via Email

Sign-up to receive the latest news and ratings for PNNT and its competitors with MarketBeat's FREE daily newsletter.


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 announced a quarterly dividend on Thursday, December 5th. Shareholders of record on Thursday, December 19th will be given a dividend of $0.18 per share on Thursday, January 2nd. This represents a $0.72 annualized dividend and a yield of 10.86%. The ex-dividend date is Wednesday, December 18th. View PennantPark Investment's Dividend History.

How were PennantPark Investment's earnings last quarter?

PennantPark Investment Corp. (NASDAQ:PNNT) announced its quarterly earnings data on Thursday, November, 21st. The asset manager reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.18 by $0.03. The asset manager earned $27.93 million during the quarter, compared to analysts' expectations of $28.50 million. PennantPark Investment had a return on equity of 7.51% and a net margin of 14.20%. 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 Thursday, February 6th 2020. View Earnings Estimates for PennantPark Investment.

How can I listen to PennantPark Investment's earnings call?

PennantPark Investment will be holding an earnings conference call on Thursday, February 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for PNNT?

4 brokers have issued 12-month price targets for PennantPark Investment's stock. Their forecasts range from $6.00 to $8.00. On average, they expect PennantPark Investment's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 5.6% from the stock's current price. View Analyst Price Targets for PennantPark Investment.

What is the consensus analysts' recommendation for PennantPark Investment?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PennantPark Investment in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating 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 articles about PNNT stock have trended extremely negative on Saturday, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. PennantPark Investment earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave media headlines about the asset manager a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for PennantPark Investment.

Are investors shorting PennantPark Investment?

PennantPark Investment saw a increase in short interest in December. As of December 31st, there was short interest totalling 1,030,000 shares, an increase of 130.5% from the December 15th total of 446,900 shares. Based on an average daily volume of 415,500 shares, the days-to-cover ratio is presently 2.5 days. Approximately 1.6% of the company's stock are short sold. View PennantPark Investment's Current Options Chain.

Who are some of PennantPark Investment's key competitors?

What other stocks do shareholders of PennantPark Investment own?

Who are PennantPark Investment's key executives?

PennantPark Investment's management team includes the folowing people:
  • Mr. Arthur Howard Penn, Founder, Chairman & CEO (Age 56)
  • Mr. Aviv Efrat, Treasurer & CFO (Age 55)
  • Mr. Guy Francis Talarico J.D., Chief Compliance Officer (Age 64)
  • Mr. Thomas J. Friedmann Esq., Sec.

Who are PennantPark Investment's major shareholders?

PennantPark Investment's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Advisors Capital Management LLC (0.44%), Janney Montgomery Scott LLC (0.25%), State of Michigan Retirement System (0.08%), FNY Investment Advisers LLC (0.03%) and Livingston Group Asset Management CO operating as Southport Capital Management (0.03%). View Institutional Ownership Trends for PennantPark Investment.

Which institutional investors are selling PennantPark Investment stock?

PNNT stock was sold by a variety of institutional investors in the last quarter, including Advisors Capital Management LLC and FNY Investment Advisers LLC. View Insider Buying and Selling for PennantPark Investment.

Which institutional investors are buying PennantPark Investment stock?

PNNT stock was bought by a variety of institutional investors in the last quarter, including State of Michigan Retirement System, Livingston Group Asset Management CO operating as Southport Capital Management and Janney Montgomery Scott LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is PennantPark Investment's stock price today?

One share of PNNT stock can currently be purchased for approximately $6.63.

How big of a company is PennantPark Investment?

PennantPark Investment has a market capitalization of $444.48 million and generates $112.11 million in revenue each year. The asset manager earns $15.93 million in net income (profit) each year or $0.66 on an earnings per share basis. View Additional Information About PennantPark Investment.

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:  2.2 out of 5 (star star)
Outperform Votes:  341 (Vote Outperform)
Underperform Votes:  437 (Vote Underperform)
Total Votes:  778
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 1/25/2020 by MarketBeat.com Staff

Featured Article: What is a back-end load?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel