NASDAQ:PTMN

Portman Ridge Finance Stock Forecast, Price & News

$2.38
-0.02 (-0.83 %)
(As of 06/23/2021 12:00 AM ET)
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Today's Range
$2.38
$2.41
50-Day Range
$2.31
$2.46
52-Week Range
$1.01
$2.48
Volume127,181 shs
Average Volume435,932 shs
Market Capitalization$178.96 million
P/E Ratio2.14
Dividend Yield10.00%
Beta1.22
30 days | 90 days | 365 days | Advanced Chart
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About Portman Ridge Finance

Portman Ridge Finance Corp seeks investment opportunities in companies located in the US with EBITDA ranging from $5 million to $25 million. The fund targets companies operating in the fields of aerospace/ defense, business services, consumer products, education, food & beverage, healthcare, industrial & environmental services, logistic & distribution and media & telecommunications. It provides financing in the form of debt and also makes equity co-investments. It also takes controlling interest.

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Miscellaneous


MarketRank

Overall MarketRank

1.36 out of 5 stars

Finance Sector

804th out of 1,980 stocks

Investors, Not Elsewhere Classified Industry

13th out of 39 stocks

Analyst Opinion: 1.0Community Rank: 1.4Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -
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Portman Ridge Finance (NASDAQ:PTMN) Frequently Asked Questions

Is Portman Ridge Finance a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Portman Ridge Finance in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Portman Ridge Finance stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PTMN, but not buy additional shares or sell existing shares.
View analyst ratings for Portman Ridge Finance
or view top-rated stocks.

What stocks does MarketBeat like better than Portman Ridge Finance?

Wall Street analysts have given Portman Ridge Finance a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Portman Ridge Finance wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Portman Ridge Finance's next earnings date?

Portman Ridge Finance is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Portman Ridge Finance
.

How were Portman Ridge Finance's earnings last quarter?

Portman Ridge Finance Co. (NASDAQ:PTMN) announced its quarterly earnings data on Thursday, May, 6th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.04. Portman Ridge Finance had a trailing twelve-month return on equity of 13.13% and a net margin of 128.77%.
View Portman Ridge Finance's earnings history
.

How has Portman Ridge Finance's stock price been impacted by COVID-19?

Portman Ridge Finance's stock was trading at $1.69 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, PTMN shares have increased by 40.8% and is now trading at $2.38.
View which stocks have been most impacted by COVID-19
.

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 Thursday, May 6th. Stockholders of record on Wednesday, May 19th will be given a dividend of $0.06 per share on Tuesday, June 1st. This represents a $0.24 annualized dividend and a dividend yield of 10.08%. The ex-dividend date of this dividend is Tuesday, May 18th.
View Portman Ridge Finance's dividend history
.

Is Portman Ridge Finance a good dividend stock?

Portman Ridge Finance pays an annual dividend of $0.24 per share and currently has a dividend yield of 10.00%. PTMN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Portman Ridge Finance does not yet have a strong track record of dividend growth. The dividend payout ratio of Portman Ridge Finance is 70.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Portman Ridge Finance will have a dividend payout ratio of 80.00% in the coming year. This indicates that Portman Ridge Finance may not be able to sustain their current dividend.
View Portman Ridge Finance's dividend history.

What price target have analysts set for PTMN?

1 brokerages have issued 1-year price targets for Portman Ridge Finance's stock. Their forecasts range from $2.00 to $2.00. On average, they anticipate Portman Ridge Finance's share price to reach $2.00 in the next twelve months. This suggests that the stock has a possible downside of 16.0%.
View analysts' price targets for Portman Ridge Finance
or view top-rated stocks among Wall Street analysts.

Who are Portman Ridge Finance's key executives?

Portman Ridge Finance's management team includes the following people:
  • Ted Goldthorpe, Chairman, President & Chief Executive Officer
  • Jason T. Roos, Chief Financial Officer, Secretary & Treasurer
  • Andrew John Devine, Chief Compliance Officer
  • Patrick Schafer, Chief Investment Officer

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

What other stocks do shareholders of Portman Ridge Finance own?

What is Portman Ridge Finance's stock symbol?

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

Who are Portman Ridge Finance's major shareholders?

Portman Ridge Finance's stock is owned by many different retail and institutional investors. Top institutional investors include Clayton Partners LLC (2.82%), Arrowstreet Capital Limited Partnership (1.02%), Punch & Associates Investment Management Inc. (0.77%), UBS Group AG (0.68%), Bulldog Investors LLP (0.52%) and Clear Harbor Asset Management LLC (0.40%). Company insiders that own Portman Ridge Finance stock include Alexander Duka, Christopher Lacovara, Edward J Goldthorpe and Patrick Schafer.
View institutional ownership trends for Portman Ridge Finance
.

Which major investors are selling Portman Ridge Finance stock?

PTMN stock was sold by a variety of institutional investors in the last quarter, including Punch & Associates Investment Management Inc., Advisors Asset Management Inc., Millennium Management LLC, Royce & Associates LP, Signaturefd LLC, and Bulldog Investors LLP.
View insider buying and selling activity for Portman Ridge Finance
or view top insider-selling stocks.

Which major investors are buying Portman Ridge Finance stock?

PTMN stock was acquired by a variety of institutional investors in the last quarter, including Clayton Partners LLC, UBS Group AG, Arrowstreet Capital Limited Partnership, Squarepoint Ops LLC, Cannell Capital LLC, Morgan Stanley, International Assets Investment Management LLC, and Hillsdale Investment Management Inc.. Company insiders that have bought Portman Ridge Finance stock in the last two years include Alexander Duka, Edward J Goldthorpe, and Patrick Schafer.
View insider buying and selling activity for Portman Ridge Finance
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Portman Ridge Finance's stock price today?

One share of PTMN stock can currently be purchased for approximately $2.38.

How much money does Portman Ridge Finance make?

Portman Ridge Finance has a market capitalization of $178.96 million and generates $42.76 million in revenue each year. The company earns $31.57 million in net income (profit) each year or $0.34 on an earnings per share basis.

What is Portman Ridge Finance's official website?

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

Where are Portman Ridge Finance's headquarters?

Portman Ridge Finance is headquartered at 650 MADISON AVENUE 23TH FLOOR, NEW YORK NY, 10022.

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.


This page was last updated on 6/23/2021 by MarketBeat.com Staff
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