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PennantPark Investment Stock Forecast, Price & News

+0.03 (+0.96 %)
(As of 09/25/2020 12:00 AM ET)
Today's Range
Now: $3.15
50-Day Range
MA: $3.49
52-Week Range
Now: $3.15
Volume196,863 shs
Average Volume443,695 shs
Market Capitalization$211.19 million
P/E RatioN/A
Dividend Yield15.38%
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.55 out of 5 stars

Industry, Sector and Symbol

Industry Investors, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
Current SymbolNASDAQ:PNNT



Sales & Book Value

Annual Sales$112.11 million
Cash Flow$0.54 per share
Book Value$8.68 per share


Net Income$15.93 million


Market Cap$211.19 million
Next Earnings Date11/19/2020 (Estimated)
+0.03 (+0.96 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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PennantPark Investment (NASDAQ:PNNT) Frequently Asked Questions

How has PennantPark Investment's stock price been impacted by COVID-19?

PennantPark Investment's stock was trading at $4.56 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PNNT shares have decreased by 30.9% and is now trading at $3.15.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of PennantPark Investment?

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

When is PennantPark Investment's next earnings date?

PennantPark Investment is scheduled to release its next quarterly earnings announcement on Thursday, November 19th 2020.
View our earnings forecast for PennantPark Investment

How were PennantPark Investment's earnings last quarter?

PennantPark Investment Corp. (NASDAQ:PNNT) released its quarterly earnings data on Wednesday, August, 5th. The asset manager reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.15 by $0.01. The asset manager earned $25.41 million during the quarter, compared to analyst estimates of $25.84 million. PennantPark Investment had a negative net margin of 16.10% and a positive return on equity of 7.43%.
View PennantPark Investment's earnings history

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

PennantPark Investment declared a quarterly dividend on Wednesday, September 2nd. Investors of record on Thursday, September 17th will be paid a dividend of $0.12 per share on Thursday, October 1st. This represents a $0.48 annualized dividend and a dividend yield of 15.24%. The ex-dividend date of this dividend is Wednesday, September 16th.
View PennantPark Investment's dividend history

What price target have analysts set for PNNT?

1 Wall Street analysts have issued 1 year price objectives for PennantPark Investment's shares. Their forecasts range from $6.00 to $6.00. On average, they anticipate PennantPark Investment's stock price to reach $6.00 in the next year. This suggests a possible upside of 90.5% from the stock's current price.
View analysts' price targets for PennantPark Investment

Are investors shorting PennantPark Investment?

PennantPark Investment saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 558,000 shares, an increase of 61.4% from the August 31st total of 345,800 shares. Based on an average daily trading volume, of 273,300 shares, the short-interest ratio is presently 2.0 days. Currently, 0.9% of the shares of the company are short sold.
View PennantPark Investment's Short Interest

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 following 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.

What is PennantPark Investment's stock symbol?

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

Who are PennantPark Investment's major shareholders?

PennantPark Investment's stock is owned by many different retail and institutional investors. Top institutional shareholders include ArrowMark Colorado Holdings LLC (3.90%), LSV Asset Management (3.36%), West Family Investments Inc. (1.55%), Confluence Investment Management LLC (1.14%), Two Sigma Advisers LP (0.93%) and Sumitomo Mitsui Trust Holdings Inc. (0.63%). 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 Virtus ETF Advisers LLC, LSV Asset Management, Confluence Investment Management LLC, West Family Investments Inc., Advisors Asset Management Inc., Advisor Group Holdings Inc., Signaturefd LLC, and Claybrook Capital LLC.
View insider buying and selling activity 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 UBS Group AG, ArrowMark Colorado Holdings LLC, California Public Employees Retirement System, Livingston Group Asset Management CO operating as Southport Capital Management, Meridian Investment Counsel Inc., Baird Financial Group Inc., M&T Bank Corp, and Goldman Sachs 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 activity 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 $3.15.

How big of a company is PennantPark Investment?

PennantPark Investment has a market capitalization of $211.19 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.

What is PennantPark Investment's official website?

The official website for PennantPark Investment is 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]

This page was last updated on 9/27/2020 by MarketBeat.com Staff

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