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

$5.91
-0.33 (-5.29 %)
(As of 02/28/2020 06:49 AM ET)
Today's Range
$5.87
Now: $5.91
$6.17
50-Day Range
$5.91
MA: $6.56
$6.70
52-Week Range
$5.84
Now: $5.91
$7.19
Volume1.09 million shs
Average Volume352,340 shs
Market Capitalization$396.21 million
P/E Ratio13.74
Dividend Yield11.54%
Beta1.07
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$0.60 per share
Book Value$8.79 per share

Profitability

Net Income$15.93 million

Miscellaneous

EmployeesN/A
Market Cap$396.21 million
Next Earnings Date5/14/2020 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Thursday, December 5th. Stockholders of record on Thursday, December 19th will be paid a dividend of $0.18 per share on Thursday, January 2nd. This represents a $0.72 dividend on an annualized basis and a dividend yield of 12.18%. The ex-dividend date of this dividend is Wednesday, December 18th. View PennantPark Investment's Dividend History.

How were PennantPark Investment's earnings last quarter?

PennantPark Investment Corp. (NASDAQ:PNNT) posted its quarterly earnings data on Thursday, February, 6th. The asset manager reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.17 by $0.02. The asset manager had revenue of $26 million for the quarter, compared to the consensus estimate of $27.53 million. PennantPark Investment had a net margin of 25.60% and a return on equity of 7.19%. 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, May 14th 2020. View Earnings Estimates for PennantPark Investment.

What price target have analysts set for PNNT?

4 analysts have issued twelve-month price objectives for PennantPark Investment's stock. Their forecasts range from $6.00 to $8.00. On average, they expect PennantPark Investment's share price to reach $7.00 in the next twelve months. This suggests a possible upside of 18.4% 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 coverage about PNNT stock has been trending extremely negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. PennantPark Investment earned a news impact score of -4.2 on InfoTrie's scale. They also assigned headlines about the asset manager a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for PennantPark Investment.

Are investors shorting PennantPark Investment?

PennantPark Investment saw a decrease in short interest in the month of February. As of February 14th, there was short interest totalling 746,600 shares, a decrease of 15.0% from the January 30th total of 878,000 shares. Based on an average daily trading volume, of 427,800 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.1% 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 a variety of of retail and institutional investors. Top institutional investors include LSV Asset Management (3.98%), ArrowMark Colorado Holdings LLC (3.52%), Virtus ETF Advisers LLC (1.42%), Confluence Investment Management LLC (1.32%), Van ECK Associates Corp (1.12%) and Bank of Montreal Can (1.06%). 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 Muzinich & Co. Inc., Ancora Advisors LLC, Advisors Asset Management Inc., Greenwich Investment Management Inc., UBS Group AG, Confluence Investment Management LLC, Advisors Capital Management LLC and LSV Asset Management. View Insider Buying and Selling for PennantPark Investment.

Which institutional investors are buying PennantPark Investment stock?

PNNT stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., ArrowMark Colorado Holdings LLC, Virtus ETF Advisers LLC, Van ECK Associates Corp, Marshall Wace LLP, Marshall Wace North America L.P., Ladenburg Thalmann Financial Services Inc. and Independent Advisor Alliance. 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 $5.91.

How big of a company is PennantPark Investment?

PennantPark Investment has a market capitalization of $396.21 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:  347 (Vote Outperform)
Underperform Votes:  452 (Vote Underperform)
Total Votes:  799
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 2/28/2020 by MarketBeat.com Staff

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