QQQ   272.85 (+0.36%)
AAPL   457.16 (+1.13%)
MSFT   209.25 (+0.03%)
FB   260.76 (+0.33%)
GOOGL   1,524.26 (+1.13%)
AMZN   3,205.09 (+1.36%)
NVDA   463.50 (+1.29%)
CGC   17.44 (+1.10%)
BABA   253.39 (-0.71%)
TSLA   1,607.64 (+3.40%)
GE   6.67 (-0.74%)
MU   46.66 (-3.75%)
AMD   82.47 (-0.17%)
T   30.02 (-0.53%)
F   7.14 (+0.42%)
ACB   9.69 (-1.12%)
GILD   68.33 (-0.74%)
NFLX   477.14 (+0.35%)
DIS   131.85 (+0.05%)
BAC   26.37 (-1.35%)
BA   177.79 (+1.34%)
QQQ   272.85 (+0.36%)
AAPL   457.16 (+1.13%)
MSFT   209.25 (+0.03%)
FB   260.76 (+0.33%)
GOOGL   1,524.26 (+1.13%)
AMZN   3,205.09 (+1.36%)
NVDA   463.50 (+1.29%)
CGC   17.44 (+1.10%)
BABA   253.39 (-0.71%)
TSLA   1,607.64 (+3.40%)
GE   6.67 (-0.74%)
MU   46.66 (-3.75%)
AMD   82.47 (-0.17%)
T   30.02 (-0.53%)
F   7.14 (+0.42%)
ACB   9.69 (-1.12%)
GILD   68.33 (-0.74%)
NFLX   477.14 (+0.35%)
DIS   131.85 (+0.05%)
BAC   26.37 (-1.35%)
BA   177.79 (+1.34%)
QQQ   272.85 (+0.36%)
AAPL   457.16 (+1.13%)
MSFT   209.25 (+0.03%)
FB   260.76 (+0.33%)
GOOGL   1,524.26 (+1.13%)
AMZN   3,205.09 (+1.36%)
NVDA   463.50 (+1.29%)
CGC   17.44 (+1.10%)
BABA   253.39 (-0.71%)
TSLA   1,607.64 (+3.40%)
GE   6.67 (-0.74%)
MU   46.66 (-3.75%)
AMD   82.47 (-0.17%)
T   30.02 (-0.53%)
F   7.14 (+0.42%)
ACB   9.69 (-1.12%)
GILD   68.33 (-0.74%)
NFLX   477.14 (+0.35%)
DIS   131.85 (+0.05%)
BAC   26.37 (-1.35%)
BA   177.79 (+1.34%)
QQQ   272.85 (+0.36%)
AAPL   457.16 (+1.13%)
MSFT   209.25 (+0.03%)
FB   260.76 (+0.33%)
GOOGL   1,524.26 (+1.13%)
AMZN   3,205.09 (+1.36%)
NVDA   463.50 (+1.29%)
CGC   17.44 (+1.10%)
BABA   253.39 (-0.71%)
TSLA   1,607.64 (+3.40%)
GE   6.67 (-0.74%)
MU   46.66 (-3.75%)
AMD   82.47 (-0.17%)
T   30.02 (-0.53%)
F   7.14 (+0.42%)
ACB   9.69 (-1.12%)
GILD   68.33 (-0.74%)
NFLX   477.14 (+0.35%)
DIS   131.85 (+0.05%)
BAC   26.37 (-1.35%)
BA   177.79 (+1.34%)
Log in

NASDAQ:PNNTPennantPark Investment Stock Price, Forecast & News

$3.68
+0.05 (+1.38 %)
(As of 08/13/2020 10:28 AM ET)
Add
Compare
Today's Range
$3.61
Now: $3.68
$3.69
50-Day Range
$3.01
MA: $3.25
$3.67
52-Week Range
$1.76
Now: $3.68
$6.86
Volume2,447 shs
Average Volume477,526 shs
Market Capitalization$246.73 million
P/E RatioN/A
Dividend Yield13.08%
Beta1.58
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. It 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 fund 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 fund may also make non-control equity and debt investments.
Read More
PennantPark Investment logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.75 out of 5 stars


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$0.68 per share
Book Value$8.68 per share

Profitability

Net Income$15.93 million

Miscellaneous

EmployeesN/A
Market Cap$246.73 million
Next Earnings Date11/19/2020 (Estimated)
OptionableOptionable
$3.68
+0.05 (+1.38 %)
(As of 08/13/2020 10:28 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive PNNT News and Ratings via Email

Sign-up to receive the latest news and ratings for PNNT and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











PennantPark Investment (NASDAQ:PNNT) Frequently Asked Questions

How has PennantPark Investment's stock price been impacted by Coronavirus (COVID-19)?

PennantPark Investment's stock was trading at $4.56 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PNNT shares have decreased by 19.3% and is now trading at $3.68.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of PennantPark Investment?

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

When is PennantPark Investment's next earnings date?

PennantPark Investment is scheduled to release its next quarterly earnings announcement on Thursday, November 19th 2020.
View our earnings forecast for PennantPark Investment
.

How were PennantPark Investment's earnings last quarter?

PennantPark Investment Corp. (NASDAQ:PNNT) issued its earnings results on Wednesday, August, 5th. The asset manager reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.01. The asset manager earned $25.41 million during the quarter, compared to the consensus estimate of $25.84 million. PennantPark Investment had a positive return on equity of 7.31% and a negative net margin of 16.10%.
View PennantPark Investment's earnings history
.

How often does PennantPark Investment pay dividends? What is the dividend yield for PennantPark Investment?

PennantPark Investment announced a quarterly dividend on Tuesday, June 2nd. Shareholders of record on Wednesday, June 17th will be given a dividend of $0.12 per share on Wednesday, July 1st. This represents a $0.48 annualized dividend and a dividend yield of 13.04%. The ex-dividend date of this dividend is Tuesday, June 16th.
View PennantPark Investment's dividend history
.

What price target have analysts set for PNNT?

1 equities research analysts have issued 1-year price targets for PennantPark Investment's stock. Their forecasts range from $6.00 to $6.00. On average, they anticipate PennantPark Investment's share price to reach $6.00 in the next twelve months. This suggests a possible upside of 63.0% from the stock's current price.
View analysts' price targets for PennantPark Investment
.

Has PennantPark Investment been receiving favorable news coverage?

News coverage about PNNT stock has trended extremely negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. PennantPark Investment earned a news sentiment score of -4.1 on InfoTrie's scale. They also assigned news coverage about the asset manager a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.
View the latest news about PennantPark Investment
.

Are investors shorting PennantPark Investment?

PennantPark Investment saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 358,700 shares, an increase of 18.9% from the May 31st total of 301,600 shares. Based on an average daily volume of 541,800 shares, the short-interest ratio is presently 0.7 days. Currently, 0.6% of the company's stock are short sold.
View PennantPark Investment's Short Interest
.

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 following 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.

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 LSV Asset Management (3.36%), West Family Investments Inc. (1.55%), Confluence Investment Management LLC (1.14%), Sumitomo Mitsui Trust Holdings Inc. (0.63%), Advisors Asset Management Inc. (0.39%) and UBS Group AG (0.32%). 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 selling PennantPark Investment stock?

PNNT stock was sold by a variety of institutional investors in the last quarter, including Virtus ETF Advisers LLC, LSV Asset Management, Confluence Investment Management LLC, West Family Investments Inc., Advisors Asset Management Inc., Signaturefd LLC, Claybrook Capital LLC, and Janney Montgomery Scott LLC.
View insider buying and selling activity for PennantPark Investment
.

Which institutional investors are buying PennantPark Investment stock?

PNNT stock was bought by a variety of institutional investors in the last quarter, including UBS Group AG, California Public Employees Retirement System, Livingston Group Asset Management CO operating as Southport Capital Management, Meridian Investment Counsel Inc., M&T Bank Corp, Goldman Sachs Group Inc., Quad Cities Investment Group LLC, and HighTower Advisors 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 activity 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 $3.68.

How big of a company is PennantPark Investment?

PennantPark Investment has a market capitalization of $246.73 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.

What is PennantPark Investment's official website?

The official website for PennantPark Investment is 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]

This page was last updated on 8/13/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.