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

PennantPark Investment trades on the NASDAQ under the ticker symbol "PNNT."

PennantPark Investment announced a quarterly dividend on Thursday, September 5th. Stockholders 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 dividend on an annualized basis and a dividend yield of 11.78%. The ex-dividend date is Monday, September 16th. View PennantPark Investment's Dividend History.

PennantPark Investment Corp. (NASDAQ:PNNT) announced its quarterly earnings results on Wednesday, August, 7th. The asset manager reported $0.17 EPS for the quarter, missing the Zacks' consensus estimate of $0.19 by $0.02. The asset manager had revenue of $28.11 million for the quarter, compared to the consensus estimate of $29.38 million. PennantPark Investment had a return on equity of 8.08% and a net margin of 18.01%. View PennantPark Investment's Earnings History.

PennantPark Investment is scheduled to release their next quarterly earnings announcement on Thursday, November 21st 2019. View Earnings Estimates for PennantPark Investment.

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.

4 brokerages have issued 12-month price objectives for PennantPark Investment's shares. Their forecasts range from $7.00 to $8.00. On average, they anticipate PennantPark Investment's share price to reach $7.33 in the next twelve months. This suggests a possible upside of 20.0% from the stock's current price. View Analyst Price Targets 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.

Headlines about PNNT stock have trended very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. PennantPark Investment earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines about the asset manager a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an impact on the company's share price in the near future. View News Stories for PennantPark Investment.

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

Some companies that are related to PennantPark Investment include TPG Specialty Lending (TSLX), New Mountain Finance (NMFC), Golub Capital BDC (GBDC), Pennantpark Floating Rate Capital (PFLT), Gladstone Investment (GAIN), Triplepoint Venture Growth BDC (TPVG), Capital Southwest (CSWC), Stellus Capital Investment (SCM), Oaktree Strategic Income (OCSI), Safeguard Scientifics (SFE), THL Credit (TCRD), Arlington Asset Investment (AI), OFS Capital (OFS), Allied Minds (ALLWF) and KCAP Financial (KCAP).

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).

PennantPark Investment's stock is owned by a variety of of retail and institutional investors. Top institutional investors 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.

PNNT stock was purchased 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.

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.

One share of PNNT stock can currently be purchased for approximately $6.11.

PennantPark Investment has a market capitalization of $409.61 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.

The official website for PennantPark Investment is http://www.pennantpark.com/.

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]