NASDAQ:PNNT - PennantPark Investment Stock Price, Price Target & More

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$7.18 +0.11 (+1.56 %)
(As of 07/17/2018 03:24 PM ET)
Previous Close$7.12
Today's Range$7.10 - $7.23
52-Week Range$6.29 - $7.84
Volume13,691 shs
Average Volume202,273 shs
Market Capitalization$503.11 million
P/E Ratio9.09
Dividend Yield10.17%
Beta1.18
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 Ratio0.76
Current Ratio6.66
Quick Ratio6.66

Price-To-Earnings

Trailing P/E Ratio9.09
Forward P/E Ratio9.70
P/E Growth4.78

Sales & Book Value

Annual Sales$124.53 million
Price / Sales4.10
Cash Flow$0.7856 per share
Price / Cash9.14
Book Value$9.10 per share
Price / Book0.79

Profitability

EPS (Most Recent Fiscal Year)$0.79
Net Income$61.71 million
Net Margins38.78%
Return on Equity8.17%
Return on Assets4.43%

Miscellaneous

EmployeesN/A
Outstanding Shares71,060,000
Market Cap$503.11

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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, 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 dividend on an annualized basis and a yield of 10.03%. The ex-dividend date of this dividend is Friday, June 15th. View PennantPark Investment's Dividend History.

How were PennantPark Investment's earnings last quarter?

PennantPark Investment Corp. (NASDAQ:PNNT) issued its quarterly earnings results on Wednesday, May, 9th. The asset manager reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.01. The asset manager earned $27.23 million during the quarter, compared to the consensus estimate of $27.23 million. PennantPark Investment had a net margin of 38.78% and a return on equity of 8.17%. 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 Monday, August, 6th 2018. View Earnings Estimates for PennantPark Investment.

What price target have analysts set for PNNT?

4 brokerages have issued 1 year price targets for PennantPark Investment's shares. Their predictions range from $8.00 to $8.50. On average, they expect PennantPark Investment's stock price to reach $8.25 in the next year. This suggests a possible upside of 14.9% from the stock's current price. View Analyst Ratings 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 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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?

News stories about PNNT stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. PennantPark Investment earned a coverage optimism score of 0.13 on Accern's scale. They also assigned media coverage about the asset manager an impact score of 46.45 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are PennantPark Investment's major shareholders?

PennantPark Investment's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Mckinley Capital Management LLC Delaware (0.45%) and Fox Run Management L.L.C. (0.03%). 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 Fox Run Management L.L.C.. View Insider Buying and Selling for PennantPark Investment.

Which major investors are buying PennantPark Investment stock?

PNNT stock was bought by a variety of institutional investors in the last quarter, including Mckinley Capital Management LLC Delaware. 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 $7.18.

How big of a company is PennantPark Investment?

PennantPark Investment has a market capitalization of $503.11 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 investorrelation[email protected]


MarketBeat Community Rating for PennantPark Investment (NASDAQ PNNT)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  272 (Vote Outperform)
Underperform Votes:  316 (Vote Underperform)
Total Votes:  588
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 7/17/2018 by MarketBeat.com Staff

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