NASDAQ:PTMN Portman Ridge Finance (PTMN) Stock Forecast, Price & News $19.12 -0.13 (-0.68%) (As of 01:59 PM ET) Add Compare Share Share Today's Range$18.93▼$19.4050-Day Range$18.88▼$20.8152-Week Range$18.00▼$23.72Volume8,505 shsAverage Volume17,869 shsMarket Capitalization$181.83 millionP/E RatioN/ADividend Yield14.44%Price Target$21.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Portman Ridge Finance MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside12.6% Upside$21.50 Price TargetShort InterestHealthy0.58% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.06Based on 9 Articles This WeekInsider TradingSelling Shares$1.57 M Sold Last QuarterProj. Earnings Growth-4.83%From $3.31 to $3.15 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.61 out of 5 starsFinance Sector822nd out of 878 stocksInvestors, Not Elsewhere Classified Industry12th out of 15 stocks 2.0 Analyst's Opinion Consensus RatingPortman Ridge Finance has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.50, Portman Ridge Finance has a forecasted upside of 12.6% from its current price of $19.10.Amount of Analyst CoveragePortman Ridge Finance has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.58% of the float of Portman Ridge Finance has been sold short.Short Interest Ratio / Days to CoverPortman Ridge Finance has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Portman Ridge Finance has recently increased by 8.63%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipPortman Ridge Finance is a leading dividend payer. It pays a dividend yield of 14.34%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPortman Ridge Finance has only been increasing its dividend for 2 years.Dividend SustainabilityBased on EPS estimates, Portman Ridge Finance will have a dividend payout ratio of 87.62% in the coming year. This indicates that Portman Ridge Finance may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PTMN. Previous Next 1.7 News and Social Media Coverage News SentimentPortman Ridge Finance has a news sentiment score of 0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Portman Ridge Finance this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for PTMN on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Portman Ridge Finance to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Portman Ridge Finance insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,567,198.00 in company stock.Percentage Held by InsidersOnly 2.20% of the stock of Portman Ridge Finance is held by insiders.Percentage Held by InstitutionsOnly 28.56% of the stock of Portman Ridge Finance is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Portman Ridge Finance are expected to decrease by -4.83% in the coming year, from $3.31 to $3.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Portman Ridge Finance is -9.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Portman Ridge Finance is -9.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPortman Ridge Finance has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Portman Ridge Finance (NASDAQ:PTMN) StockPortman Ridge Finance Corporation is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, mezzanine, buyout in middle market companies. It also makes acquisitions in businesses complementary to the firm's business. It primarily invests in healthcare, cargo transport, manufacturing, industrial & environmental services, logistics & distribution, media & telecommunications, real estate, education, automotive, agriculture, aerospace/defense, packaging, electronics, finance, non-durable consumer, consumer products, business services, utilities, insurance, and food and beverage sectors. The fund typically invests $1 million to $20 million in its portfolio companies. It provides senior secured term loans from $2 million to $20 million maturing in five to seven years; second lien term loans from $5 million to $15 million maturing in six to eight years; senior unsecured loans $5 million to $23 million maturing in six to eight years; mezzanine loans from $5 million to $15 million maturing in seven to ten years; and equity investments from $1 to $5 million. The fund targets the companies with EBITDA between $5 million and $25 million. While investing in debt securities, it invests in those middle market firms with EBITDA between $10 million and $50 million and/or total debt between $25 million and $150 million. It invests in minority, and majority or control equity positions alongside its private equity sponsor partners.Read More PTMN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PTMN Stock News HeadlinesOctober 1, 2023 | americanbankingnews.comMaster Fund Lp Repertoire Sells 10,446 Shares of Portman Ridge Finance Co. (NASDAQ:PTMN) StockOctober 1, 2023 | americanbankingnews.comMaster Fund Lp Repertoire Sells 15,051 Shares of Portman Ridge Finance Co. (NASDAQ:PTMN) StockOctober 2, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.October 1, 2023 | americanbankingnews.comMaster Fund Lp Repertoire Buys 14,991 Shares of Portman Ridge Finance Co. (NASDAQ:PTMN) StockOctober 1, 2023 | americanbankingnews.comMaster Fund Lp Repertoire Sells 55,462 Shares of Portman Ridge Finance Co. (NASDAQ:PTMN) StockAugust 9, 2023 | benzinga.comPortman Ridge Finance Corporation Announces Second Quarter 2023 Financial ResultsAugust 9, 2023 | finance.yahoo.comPortman Ridge Finance Corporation Announces Second Quarter 2023 Financial ResultsJuly 22, 2023 | finance.yahoo.comPTMN - Portman Ridge Finance CorporationOctober 2, 2023 | UNKNOWN (Ad)First-In-Class Nasdaq Pharmaceutical TherapiesThe Top 10 Reasons to Have Okyo on Your Radar!July 20, 2023 | seekingalpha.comPortman Ridge - Seeking Total Return, But Not Finding ItJuly 13, 2023 | finance.yahoo.comPortman Ridge Finance Corporation Schedules Second Quarter 2023 Earnings Release and Conference CallJune 1, 2023 | finance.yahoo.comLooking for a Growth Stock? 3 Reasons Why Portman Ridge (PTMN) is a Solid ChoiceJune 1, 2023 | finance.yahoo.comPortman Ridge Finance Corporation to Present at the LD Micro Invitational Conference on June 6May 25, 2023 | finance.yahoo.comIs Portman Ridge Finance (PTMN) Stock Undervalued Right Now?May 18, 2023 | msn.comPortman Ridge Finance goes ex-dividend tomorrowMay 16, 2023 | msn.comPortman Ridge Finance's Ex-Dividend Date Is Friday, Here's What You Need To KnowMay 16, 2023 | finance.yahoo.com3 Reasons Why Portman Ridge (PTMN) Is a Great Growth StockMay 12, 2023 | finance.yahoo.comPortman Ridge Finance Corporation (NASDAQ:PTMN) Q1 2023 Earnings Call TranscriptMay 12, 2023 | msn.comPortman Ridge Finance (PTMN) Declares $0.69 DividendMay 11, 2023 | msn.comPortman Ridge Finance: Q1 Earnings InsightsMay 11, 2023 | finance.yahoo.comQ1 2023 Portman Ridge Finance Corp Earnings CallMay 10, 2023 | finance.yahoo.comPortman Ridge Finance Corporation Announces First Quarter 2023 Financial ResultsMay 10, 2023 | finance.yahoo.comPortman Ridge Finance Corporation Announces First Quarter 2023 Financial ResultsMay 10, 2023 | finance.yahoo.comPortman Ridge (PTMN) Q1 Earnings and Revenues Beat EstimatesMarch 23, 2023 | finance.yahoo.comPortman Ridge Finance Corporation Resumes Share Repurchases Under a New 10b5-1 Stock Trading PlanMarch 14, 2023 | msn.comPortman Ridge Finance: Dividend InsightsMarch 13, 2023 | finance.yahoo.comPortman Ridge Finance Corporation (NASDAQ:PTMN) Q4 2022 Earnings Call TranscriptSee More Headlines Receive PTMN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Portman Ridge Finance and its competitors with MarketBeat's FREE daily newsletter. Email Address PTMN Company Calendar Last Earnings8/09/2023Ex-Dividend for 8/31 Dividend8/21/2023Dividend Payable8/31/2023Today10/02/2023Next Earnings (Estimated)11/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Investors, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:PTMN CUSIPN/A CIK1372807 Webwww.portmanridge.com Phone(212) 891-2880Fax212-983-7654EmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$21.50 High Stock Price Forecast$21.50 Low Stock Price Forecast$21.50 Forecasted Upside/Downside+11.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($2.04) Trailing P/E RatioN/A Forward P/E Ratio5.82 P/E GrowthN/ANet Income$-21,000,000.00 Net Margins-25.37% Pretax Margin41.13% Return on Equity13.81% Return on Assets5.32% Debt Debt-to-Equity Ratio1.53 Current Ratio3.52 Quick Ratio3.52 Sales & Book Value Annual Sales$69.61 million Price / Sales2.63 Cash Flow$2.03 per share Price / Cash Flow9.50 Book Value$24.16 per share Price / Book0.80Miscellaneous Outstanding Shares9,510,000Free Float9,299,000Market Cap$183.07 million OptionableNot Optionable Beta0.83 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Edward Joseph Goldthorpe (Age 46)Chairman, CEO & Pres Mr. Jason T. Roos (Age 45)CFO, Sec. & Treasurer Mr. Patrick Schafer (Age 38)Chief Investment Officer Mr. David Isaac Held J.D. (Age 52)Chief Compliance Officer Key CompetitorsOFS CapitalNASDAQ:OFSLogan Ridge FinanceNASDAQ:LRFCInvestcorp Credit Management BDCNASDAQ:ICMBStellus Capital InvestmentNYSE:SCMTriplePoint Venture Growth BDCNYSE:TPVGView All CompetitorsInsiders & InstitutionsMaster Fund Lp RepertoireSold 15,051 sharesTotal: $289,731.75 ($19.25/share)Master Fund Lp RepertoireSold 10,446 sharesTotal: $201,503.34 ($19.29/share)Master Fund Lp RepertoireSold 55,462 sharesTotal: $1.08 M ($19.40/share)Repertoire Partners LPBought 14,991 shares on 8/15/2023Ownership: 12.380%Citadel Advisors LLCBought 24,300 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions PTMN Stock - Frequently Asked Questions Should I buy or sell Portman Ridge Finance stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Portman Ridge Finance in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PTMN shares. 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 PTMN analyst ratings or view top-rated stocks. What is Portman Ridge Finance's stock price forecast for 2023? 1 Wall Street research analysts have issued twelve-month target prices for Portman Ridge Finance's stock. Their PTMN share price forecasts range from $21.50 to $21.50. On average, they anticipate the company's stock price to reach $21.50 in the next year. This suggests a possible upside of 11.7% from the stock's current price. View analysts price targets for PTMN or view top-rated stocks among Wall Street analysts. How have PTMN shares performed in 2023? Portman Ridge Finance's stock was trading at $23.00 on January 1st, 2023. Since then, PTMN shares have decreased by 16.3% and is now trading at $19.25. View the best growth stocks for 2023 here. When is Portman Ridge Finance's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023. View our PTMN earnings forecast. How were Portman Ridge Finance's earnings last quarter? Portman Ridge Finance Co. (NASDAQ:PTMN) posted its quarterly earnings results on Wednesday, August, 9th. The company reported $0.83 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.84 by $0.01. The company earned $19.63 million during the quarter, compared to analyst estimates of $20.16 million. Portman Ridge Finance had a negative net margin of 25.37% and a positive trailing twelve-month return on equity of 13.81%. How often does Portman Ridge Finance pay dividends? What is the dividend yield for Portman Ridge Finance? Portman Ridge Finance announced a quarterly dividend on Wednesday, August 9th. Investors of record on Tuesday, August 22nd will be given a dividend of $0.69 per share on Thursday, August 31st. This represents a $2.76 dividend on an annualized basis and a dividend yield of 14.34%. The ex-dividend date of this dividend is Monday, August 21st. Read our dividend analysis for PTMN. Is Portman Ridge Finance a good dividend stock? Portman Ridge Finance (NASDAQ:PTMN) pays an annual dividend of $2.76 per share and currently has a dividend yield of 14.34%. PTMN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for PTMN. When did Portman Ridge Finance's stock split? Portman Ridge Finance's stock reverse split on the morning of Thursday, August 26th 2021. The 1-10 reverse split was announced on Thursday, August 26th 2021. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, August 26th 2021. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. 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 AGNC Investment (AGNC), Monroe Capital (MRCC), Anworth Mortgage Asset (ANH), Capital Product Partners (CPLP), New Residential Investment (NRZ), New York Mortgage Trust (NYMT), PennantPark Investment (PNNT), Prospect Capital (PSEC) and BlackRock TCP Capital (TCPC). What is Portman Ridge Finance's stock symbol? Portman Ridge Finance trades on the NASDAQ under the ticker symbol "PTMN." How do I buy shares of Portman Ridge Finance? Shares of PTMN stock 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 $19.25. How much money does Portman Ridge Finance make? Portman Ridge Finance (NASDAQ:PTMN) has a market capitalization of $183.07 million and generates $69.61 million in revenue each year. The company earns $-21,000,000.00 in net income (profit) each year or ($2.04) on an earnings per share basis. How can I contact Portman Ridge Finance? Portman Ridge Finance's mailing address is 650 MADISON AVENUE 23TH FLOOR, NEW YORK NY, 10022. The official website for the company is www.portmanridge.com. The company can be reached via phone at (212) 891-2880, via email at lcati@equityny.com, or via fax at 212-983-7654. This page (NASDAQ:PTMN) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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