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

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$7.72 -0.03 (-0.39 %)
(As of 08/19/2018 01:16 PM ET)
Previous Close$7.72
Today's Range$7.65 - $7.74
52-Week Range$6.29 - $7.80
Volume261,314 shs
Average Volume286,480 shs
Market Capitalization$537.51 million
P/E Ratio9.77
Dividend Yield9.39%
Beta1.2
PennantPark Investment 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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.73
Current Ratio2.97
Quick Ratio2.97

Price-To-Earnings

Trailing P/E Ratio9.77
Forward P/E Ratio10.29
P/E GrowthN/A

Sales & Book Value

Annual Sales$124.53 million
Price / Sales4.34
Cash Flow$0.7790 per share
Price / Cash9.91
Book Value$9.10 per share
Price / Book0.85

Profitability

EPS (Most Recent Fiscal Year)$0.79
Net Income$61.71 million
Net Margins39.31%
Return on Equity8.12%
Return on Assets4.45%

Miscellaneous

EmployeesN/A
Outstanding Shares69,990,000
Market Cap$537.51 million

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, June 7th. Investors of record on Monday, June 18th will be given a dividend of $0.18 per share on Monday, July 2nd. This represents a $0.72 annualized dividend and a dividend yield of 9.33%. The ex-dividend date is Friday, June 15th. View PennantPark Investment's Dividend History.

How were PennantPark Investment's earnings last quarter?

PennantPark Investment Corp. (NASDAQ:PNNT) released its quarterly earnings data on Wednesday, August, 8th. The asset manager reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by $0.01. The asset manager had revenue of $24.76 million for the quarter, compared to the consensus estimate of $26.13 million. PennantPark Investment had a return on equity of 8.12% and a net margin of 39.31%. 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, December, 5th 2018. View Earnings Estimates for PennantPark Investment.

What price target have analysts set for PNNT?

3 equities research analysts have issued 1 year price targets for PennantPark Investment's shares. Their predictions range from $8.00 to $8.00. On average, they anticipate PennantPark Investment's stock price to reach $8.00 in the next year. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for PennantPark Investment.

What is the consensus analysts' recommendation for PennantPark Investment?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PennantPark Investment in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PennantPark Investment.

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:
  • Arthur H. Penn, Chairman of the Board, Chief Executive Officer (Age 53)
  • Aviv Efrat, Chief Financial Officer, Treasurer (Age 52)
  • Guy F. Talarico, Chief Compliance Officer (Age 61)
  • Adam K. Bernstein, Independent Director (Age 53)
  • Marshall Brozost, Independent Director (Age 49)
  • Jeffrey Flug CPA, Independent Director (Age 54)
  • Samuel L. Katz, Independent Director (Age 51)

Has PennantPark Investment been receiving favorable news coverage?

Headlines about PNNT stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. PennantPark Investment earned a news and rumor sentiment score of 0.12 on Accern's scale. They also assigned news stories about the asset manager an impact score of 48.05 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for PennantPark Investment.

Who are PennantPark Investment's major shareholders?

PennantPark Investment's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include LSV Asset Management (4.25%), West Family Investments Inc. (1.44%), Van ECK Associates Corp (0.76%), Mckinley Capital Management LLC Delaware (0.45%), BlackRock Inc. (0.45%) and Millennium Management LLC (0.45%). Company insiders that own PennantPark Investment stock include Adam K Bernstein, 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 Advisors Asset Management Inc., Millennium Management LLC, LSV Asset Management, BlackRock Inc., Aperio Group LLC, Macquarie Group Ltd., Trexquant Investment LP and Advisors Capital Management LLC. View Insider Buying and Selling for PennantPark Investment.

Which major investors are buying PennantPark Investment stock?

PNNT stock was purchased by a variety of institutional investors in the last quarter, including West Family Investments Inc., Standard Life Aberdeen plc, Bramshill Investments LLC, Wedge Capital Management L L P NC, GSA Capital Partners LLP, Mckinley Capital Management LLC Delaware, Eqis Capital Management Inc. and California Public Employees Retirement System. Company insiders that have bought PennantPark Investment stock in the last two years include Adam K Bernstein, 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 $7.72.

How big of a company is PennantPark Investment?

PennantPark Investment has a market capitalization of $537.51 million and generates $124.53 million in revenue each year. The asset manager earns $61.71 million in net income (profit) each year or $0.79 on an earnings per share basis.

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:  278 (Vote Outperform)
Underperform Votes:  325 (Vote Underperform)
Total Votes:  603
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 8/19/2018 by MarketBeat.com Staff

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