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PennantPark Investment Stock Price, News & Analysis (NASDAQ:PNNT)

$6.07
-0.04 (-0.65 %)
(As of 10/17/2019 06:36 AM ET)
Today's Range
$6.06
Now: $6.07
$6.14
50-Day Range
$6.06
MA: $6.23
$6.41
52-Week Range
$6.04
Now: $6.07
$7.40
Volume238,154 shs
Average Volume231,464 shs
Market Capitalization$406.93 million
P/E Ratio8.09
Dividend Yield11.88%
Beta1.13
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$108.28 million
Cash Flow$0.75 per share
Book Value$8.99 per share

Profitability

Net Income$47.71 million

Miscellaneous

EmployeesN/A
Market Cap$406.93 million
Next Earnings Date11/21/2019 (Confirmed)
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 announced a quarterly dividend on Thursday, September 5th. Shareholders of record on Tuesday, September 17th will be paid a dividend of $0.18 per share on Tuesday, October 1st. This represents a $0.72 annualized dividend and a yield of 11.86%. The ex-dividend date is Monday, September 16th. View PennantPark Investment's Dividend History.

How were PennantPark Investment's earnings last quarter?

PennantPark Investment Corp. (NASDAQ:PNNT) issued its earnings results on Wednesday, August, 7th. The asset manager reported $0.17 EPS for the quarter, missing analysts' consensus estimates of $0.19 by $0.02. The asset manager earned $28.11 million during the quarter, compared to analyst estimates of $29.38 million. PennantPark Investment had a net margin of 18.01% and a return on equity of 8.08%. 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, November 21st 2019. View Earnings Estimates for PennantPark Investment.

How can I listen to PennantPark Investment's earnings call?

PennantPark Investment will be holding an earnings conference call on Thursday, November 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for PNNT?

4 brokerages have issued 12-month price targets for PennantPark Investment's shares. Their predictions range from $7.00 to $8.00. On average, they anticipate PennantPark Investment's share price to reach $7.33 in the next year. This suggests a possible upside of 20.8% 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 3 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 articles about PNNT stock have trended very negative this week, according to InfoTrie. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PennantPark Investment earned a news impact score of -3.2 on InfoTrie's scale. They also assigned media headlines about the asset manager a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for PennantPark Investment.

Are investors shorting PennantPark Investment?

PennantPark Investment saw a decline in short interest during the month of September. As of September 30th, there was short interest totalling 526,400 shares, a decline of 5.4% from the August 30th total of 556,500 shares. Based on an average daily trading volume, of 332,300 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.8% of the shares of the stock are sold short. 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other PennantPark Investment investors own include Energy Transfer LP Unit (ET), Oxford Square Capital (OXSQ), Prospect Capital (PSEC), New Mountain Finance (NMFC), Ares Capital (ARCC), Omega Healthcare Investors (OHI), AT&T (T), ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC) and THL Credit (TCRD).

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 shareholders include Confluence Investment Management LLC (1.36%). Company insiders that own PennantPark Investment stock include Arthur H Penn and Aviv Efrat. View Institutional Ownership Trends 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 Confluence Investment Management LLC. 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 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 $6.07.

How big of a company is PennantPark Investment?

PennantPark Investment has a market capitalization of $406.93 million and generates $108.28 million in revenue each year. The asset manager earns $47.71 million in net income (profit) each year or $0.75 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:  328 (Vote Outperform)
Underperform Votes:  410 (Vote Underperform)
Total Votes:  738
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 10/17/2019 by MarketBeat.com Staff

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