NASDAQ:PNNT PennantPark Investment (PNNT) Stock Forecast, Price & News $5.61 +0.07 (+1.26%) (As of 05/26/2023 07:00 PM ET) Add Compare Share Share Today's Range$5.52▼$5.6250-Day Range$4.76▼$5.7052-Week Range$4.70▼$7.26Volume411,300 shsAverage Volume373,198 shsMarket Capitalization$365.88 millionP/E RatioN/ADividend Yield13.19%Price Target$6.25 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media PennantPark Investment MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside11.4% Upside$6.25 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$364,843 Bought Last QuarterProj. Earnings Growth-5.49%From $0.91 to $0.86 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.42 out of 5 starsFinance Sector875th out of 902 stocksInvestors, Not Elsewhere Classified Industry14th out of 17 stocks 2.3 Analyst's Opinion Consensus RatingPennantPark Investment has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.25, PennantPark Investment has a forecasted upside of 11.4% from its current price of $5.61.Amount of Analyst CoveragePennantPark Investment has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PNNT. Previous Next 1.7 Dividend Strength Dividend LeadershipPennantPark Investment is a leading dividend payer. It pays a dividend yield of 13.19%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPennantPark Investment does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, PennantPark Investment will have a dividend payout ratio of 86.05% in the coming year. This indicates that PennantPark Investment may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PNNT. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 9 people have searched for PNNT on MarketBeat in the last 30 days. This is a decrease of -59% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added PennantPark Investment to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PennantPark Investment insiders have bought more of their company's stock than they have sold. Specifically, they have bought $364,843.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.00% of the stock of PennantPark Investment is held by insiders.Percentage Held by InstitutionsOnly 34.33% of the stock of PennantPark Investment is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for PennantPark Investment are expected to decrease by -5.49% in the coming year, from $0.91 to $0.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PennantPark Investment is -3.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of PennantPark Investment is -3.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPennantPark Investment has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About PennantPark Investment (NASDAQ:PNNT) StockPennantPark Investment Corporation is a publicly listed business development firm specializing in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The firm 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 firm 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 firm may also make non-control equity and debt investments. PennantPark Investment Corporation was founded on January 11, 2007 and is based in New York, New York.Read More Receive PNNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PennantPark Investment and its competitors with MarketBeat's FREE daily newsletter. Email Address PNNT Stock News HeadlinesMay 20, 2023 | americanbankingnews.comArthur H. Penn Purchases 23,000 Shares of PennantPark Investment Co. (NASDAQ:PNNT) StockMay 19, 2023 | americanbankingnews.comInsider Buying: PennantPark Investment Co. (NASDAQ:PNNT) CFO Acquires 10,000 Shares of StockMay 29, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 18, 2023 | americanbankingnews.comPennantPark Investment Co. (NASDAQ:PNNT) CEO Arthur H. Penn Buys 25,000 SharesMay 17, 2023 | americanbankingnews.comPennantPark Investment Co. (NASDAQ:PNNT) Director Purchases $49,903.20 in StockMay 16, 2023 | benzinga.comPennant Park Investment Recent Insider ActivityMay 12, 2023 | seekingalpha.comPennantPark NII of $0.34 beats by $0.03, total investment income of $34.55M beats by $2.26MMay 12, 2023 | msn.comPennantPark Investment (PNNT) Declares $0.20 DividendMay 29, 2023 | Stocks To Trade (Ad)3 Free Stock Picks per DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 10, 2023 | finance.yahoo.comPennantPark Investment Corporation Announces 8.1% Increase of Its Quarterly Distribution to $0.20 per Share and Financial Results for the Quarter Ended March 31, 2023May 8, 2023 | americanbankingnews.comPennantPark Investment (PNNT) to Release Quarterly Earnings on WednesdayApril 5, 2023 | msn.comPennantpark Floating Rate Capital (PFLT) Declares $0.10 DividendApril 5, 2023 | finance.yahoo.comPennantPark Investment Corporation Schedules Earnings Release of Second Fiscal Quarter 2023 ResultsMarch 31, 2023 | money.usnews.comPennantPark Investment CorporationFebruary 23, 2023 | seekingalpha.comPNNT PennantPark Investment CorporationFebruary 10, 2023 | insidermonkey.comPennantPark Investment Corporation (NASDAQ:PNNT) Q1 2023 Earnings Call TranscriptFebruary 8, 2023 | msn.comPennantPark Investment NII of $0.16 misses by $0.03, Total investment income of $29.96M beats by $0.1MFebruary 8, 2023 | seekingalpha.comPennantPark Investment raises quarterly dividend by 12.1% to $0.185/shareFebruary 8, 2023 | finance.yahoo.comPennantPark Investment Corporation Announces 12.1% Increase of Its Quarterly Distribution to $0.185 per Share and Financial Results for the Quarter Ended December 31, 2022January 24, 2023 | marketwatch.comPennantPark Floating Rate Capital Shares Drop 9% After Offering PricesJanuary 15, 2023 | seekingalpha.comPennantPark: A Smart Investment To Avoid Recessionary HeadwindsJanuary 5, 2023 | finance.yahoo.comPennantPark Investment Corporation Schedules Earnings Release of First Fiscal Quarter 2023 ResultsNovember 18, 2022 | finance.yahoo.comWall Street Analysts Predict a 26% Upside in PennantPark (PNNT): Here's What You Should KnowNovember 18, 2022 | seekingalpha.comPennantPark Investment Corporation (PNNT) Q4 2022 Earnings Call TranscriptNovember 16, 2022 | uk.finance.yahoo.comPennantPark (PFLT) Q4 Earnings Lag EstimatesNovember 16, 2022 | sfgate.comPennantPark: Fiscal Q4 Earnings SnapshotNovember 16, 2022 | finance.yahoo.comPennantPark Investment Corporation Announces 10.0% Increase of its Quarterly Distribution to $0.165 per share and Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2022See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PNNT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PennantPark Investment and its competitors with MarketBeat's FREE daily newsletter. Email Address PNNT Company Calendar Last Earnings11/17/2021Ex-Dividend for 4/3 Dividend3/15/2023Dividend Payable4/03/2023Today5/29/2023Ex-Dividend for 7/3 Dividend6/14/2023Dividend Payable7/03/2023Next Earnings (Estimated)8/02/2023Fiscal Year End9/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Investors, not elsewhere classified Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNASDAQ:PNNT CUSIP70806210 CIK1383414 Webwww.pennantpark.com Phone(212) 905-1000Fax212-905-1075EmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$6.25 High Stock Price Forecast$7.00 Low Stock Price Forecast$5.50 Forecasted Upside/Downside+11.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($1.83) Trailing P/E RatioN/A Forward P/E Ratio6.16 P/E GrowthN/ANet Income$-24,740,000.00 Net Margins-101.55% Pretax Margin-101.34% Return on Equity8.43% Return on Assets3.59% Debt Debt-to-Equity Ratio1.35 Current Ratio1.82 Quick Ratio1.82 Sales & Book Value Annual Sales$104.97 million Price / Sales3.49 Cash Flow$0.62 per share Price / Cash Flow9.08 Book Value$8.95 per share Price / Book0.63Miscellaneous Outstanding Shares65,220,000Free Float63,268,000Market Cap$365.88 million OptionableOptionable Beta1.57 Key ExecutivesArthur Howard PennChairman & Chief Executive OfficerRichard T. AllortoChief Financial Officer & TreasurerGuy F. TalaricoChief Compliance OfficerBrandon SatorenVice President & ControllerThomas J. FriedmannSecretaryKey CompetitorsStellus Capital InvestmentNYSE:SCMGladstone InvestmentNASDAQ:GAINOFS CapitalNASDAQ:OFSCapital SouthwestNASDAQ:CSWCTriplePoint Venture Growth BDCNYSE:TPVGView All CompetitorsInsiders & InstitutionsArthur H PennBought 23,000 shares on 5/17/2023Total: $127,190.00 ($5.53/share)Sunbelt Securities Inc.Bought 3,500 shares on 5/17/2023Ownership: 0.026%Ares Management LLCSold 134,944 shares on 5/16/2023Ownership: 7.218%Susquehanna International Group LLPBought 14,700 shares on 5/16/2023Ownership: 0.000%Relative Value Partners Group LLCBought 5,394 shares on 5/15/2023Ownership: 1.625%View All Insider TransactionsView All Institutional Transactions PNNT Stock - Frequently Asked Questions Should I buy or sell PennantPark Investment stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PennantPark Investment in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PNNT shares. View PNNT analyst ratings or view top-rated stocks. What is PennantPark Investment's stock price forecast for 2023? 2 brokers have issued 1-year price targets for PennantPark Investment's stock. Their PNNT share price forecasts range from $5.50 to $7.00. On average, they expect the company's stock price to reach $6.25 in the next year. This suggests a possible upside of 11.4% from the stock's current price. View analysts price targets for PNNT or view top-rated stocks among Wall Street analysts. How have PNNT shares performed in 2023? PennantPark Investment's stock was trading at $5.75 at the start of the year. Since then, PNNT stock has decreased by 2.4% and is now trading at $5.61. View the best growth stocks for 2023 here. When is PennantPark Investment's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our PNNT earnings forecast. How were PennantPark Investment's earnings last quarter? PennantPark Investment Co. (NASDAQ:PNNT) issued its quarterly earnings data on Wednesday, November, 17th. The asset manager reported $0.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.03. The asset manager earned $23.13 million during the quarter, compared to analyst estimates of $21.04 million. PennantPark Investment had a negative net margin of 101.55% and a positive trailing twelve-month return on equity of 8.43%. During the same quarter in the prior year, the company earned $0.14 EPS. How often does PennantPark Investment pay dividends? What is the dividend yield for PennantPark Investment? PennantPark Investment announced a quarterly dividend on Friday, May 12th. Stockholders of record on Thursday, June 15th will be given a dividend of $0.20 per share on Monday, July 3rd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 14.26%. The ex-dividend date of this dividend is Wednesday, June 14th. This is a positive change from the stock's previous quarterly dividend of $0.19. Read our dividend analysis for PNNT. What ETFs hold PennantPark Investment's stock? ETFs with the largest weight of PennantPark Investment (NASDAQ:PNNT) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD), Virtus Private Credit Strategy ETF (VPC), Is PennantPark Investment a good dividend stock? PennantPark Investment (NASDAQ:PNNT) pays an annual dividend of $0.74 per share and currently has a dividend yield of 13.19%. PNNT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for PNNT. What other stocks do shareholders of PennantPark Investment own? Based on aggregate information from My MarketBeat watchlists, some companies that other PennantPark Investment investors own include Energy Transfer (ET), Annaly Capital Management (NLY), Prospect Capital (PSEC), Ares Capital (ARCC), Enterprise Products Partners (EPD), AT&T (T), NGL Energy Partners (NGL), AGNC Investment (AGNC), New Residential Investment (NRZ) and New York Mortgage Trust (NYMT). 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 a variety of retail and institutional investors. Top institutional shareholders include Ares Management LLC (7.22%), LSV Asset Management (2.58%), Relative Value Partners Group LLC (1.62%), Confluence Investment Management LLC (1.06%), Advisors Asset Management Inc. (0.96%) and BlackRock Inc. (0.59%). Insiders that own company stock include Arthur H Penn, Jose A Briones, Richard T Allorto Jr and Samuel L Katz. View institutional ownership trends. How do I buy shares of PennantPark Investment? Shares of PNNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is PennantPark Investment's stock price today? One share of PNNT stock can currently be purchased for approximately $5.61. How much money does PennantPark Investment make? PennantPark Investment (NASDAQ:PNNT) has a market capitalization of $365.88 million and generates $104.97 million in revenue each year. The asset manager earns $-24,740,000.00 in net income (profit) each year or ($1.83) 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 official website for the company is www.pennantpark.com. The asset manager can be reached via phone at (212) 905-1000, via email at investorrelations@pennantpark.com, or via fax at 212-905-1075. This page (NASDAQ:PNNT) was last updated on 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding PennantPark Investment Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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