NASDAQ:PTMN - Portman Ridge Finance Stock Price, News, & Analysis

$2.64
+0.06 (+2.33 %)
(As of 06/16/2019 11:05 AM ET)
Today's Range
$2.58
Now: $2.64
$2.65
50-Day Range
$2.56
MA: $2.78
$3.05
52-Week Range
$2.50
Now: $2.64
$3.80
Volume62,326 shs
Average Volume93,075 shs
Market Capitalization$98.63 million
P/E Ratio17.60
Dividend Yield15.15%
Beta0.94
Portman Ridge Finance Corp. is a private equity fund and non-diversified closed-end investment company that invests in middle market companies generating consistent cash flows located in North America. It targets companies operating across a broad range of sectors such as aerospace and defense, automotive, beverage, food and tobacco, broadcasting and entertainment, buildings and real estate, personal and cargo transport, chemicals, plastics and rubber, containers, packaging and glass, diversified or conglomerate service, ecological, electronics, finance, and healthcare. The company was founded on August 8, 2006 and is headquartered in New York, NY.

Industry, Sector and Symbol

Industry Investors, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:PTMN
CUSIPN/A
CIKN/A
Phone212-891-2880

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$27.09 million
Cash Flow$0.0998 per share
Book Value$4.23 per share

Profitability

Net Income$-9,570,000.00

Miscellaneous

EmployeesN/A
Market Cap$98.63 million
Next Earnings Date8/7/2019 (Estimated)
OptionableNot Optionable

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Portman Ridge Finance (NASDAQ:PTMN) Frequently Asked Questions

What is Portman Ridge Finance's stock symbol?

Portman Ridge Finance trades on the NASDAQ under the ticker symbol "PTMN."

How often does Portman Ridge Finance pay dividends? What is the dividend yield for Portman Ridge Finance?

Portman Ridge Finance declared a quarterly dividend on Tuesday, March 19th. Investors of record on Friday, April 5th will be paid a dividend of $0.10 per share on Friday, April 26th. This represents a $0.40 annualized dividend and a yield of 15.15%. The ex-dividend date of this dividend is Thursday, April 4th. View Portman Ridge Finance's Dividend History.

How were Portman Ridge Finance's earnings last quarter?

Portman Ridge Finance Corp (NASDAQ:PTMN) announced its quarterly earnings results on Friday, May, 10th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.07 by $0.13. The business earned $5.80 million during the quarter. Portman Ridge Finance had a positive return on equity of 3.28% and a negative net margin of 88.64%. View Portman Ridge Finance's Earnings History.

When is Portman Ridge Finance's next earnings date?

Portman Ridge Finance is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Portman Ridge Finance.

Has Portman Ridge Finance been receiving favorable news coverage?

Media stories about PTMN stock have been trending positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by monitoring 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 closest to five being the most favorable. Portman Ridge Finance earned a news sentiment score of 2.9 on InfoTrie's scale. They also gave news stories about the company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the near term. View News Stories for Portman Ridge Finance.

Who are some of Portman Ridge Finance's key competitors?

What other stocks do shareholders of Portman Ridge Finance own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Portman Ridge Finance investors own include KCAP Financial (KCAP), Hawaiian (HA), Gulfport Energy (GPOR), Garrison Capital (GARS), Diamondback Energy (FANG), electroCore (ECOR), Dova Pharmaceuticals (DOVA), Kingfisher (KGF), CPPGroup (CPP) and Deutsche Post (DPW).

Who are Portman Ridge Finance's key executives?

Portman Ridge Finance's management team includes the folowing people:
  • Ted Goldthorpe, President, Chief Executive Officer & Director
  • Edward U. Gilpin, Chief Financial Officer, Secretary & Treasurer
  • Daniel P. Gilligan, Chief Compliance Officer

Who are Portman Ridge Finance's major shareholders?

Portman Ridge Finance's stock is owned by many different of institutional and retail investors. Top institutional investors include Almitas Capital LLC (0.05%).

Which institutional investors are buying Portman Ridge Finance stock?

PTMN stock was acquired by a variety of institutional investors in the last quarter, including Almitas Capital LLC.

How do I buy shares of Portman Ridge Finance?

Shares of PTMN 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 Portman Ridge Finance's stock price today?

One share of PTMN stock can currently be purchased for approximately $2.64.

How big of a company is Portman Ridge Finance?

Portman Ridge Finance has a market capitalization of $98.63 million and generates $27.09 million in revenue each year. The company earns $-9,570,000.00 in net income (profit) each year or $0.27 on an earnings per share basis. View Additional Information About Portman Ridge Finance.

What is Portman Ridge Finance's official website?

The official website for Portman Ridge Finance is http://www.portmanridge.com/.

How can I contact Portman Ridge Finance?

Portman Ridge Finance's mailing address is 650 MADISON AVENUE 23TH FLOOR, NEW YORK NY, 10022. The company can be reached via phone at 212-891-2880.


MarketBeat Community Rating for Portman Ridge Finance (NASDAQ PTMN)

Community Ranking:  1.4 out of 5 (star)
Outperform Votes:  3 (Vote Outperform)
Underperform Votes:  8 (Vote Underperform)
Total Votes:  11
MarketBeat's community ratings are surveys of what our community members think about Portman Ridge Finance and other stocks. Vote "Outperform" if you believe PTMN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PTMN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/16/2019 by MarketBeat.com Staff

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