S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
pixel
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S&P 500   3,768.25
DOW   30,814.26
QQQ   311.86
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NASDAQ:PTMN

Portman Ridge Finance Stock Forecast, Price & News

$1.87
+0.01 (+0.54 %)
(As of 01/15/2021 12:00 AM ET)
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Today's Range
$1.84
Now: $1.87
$1.87
50-Day Range
$1.60
MA: $1.75
$1.91
52-Week Range
$0.75
Now: $1.87
$2.39
Volume99,735 shs
Average Volume254,034 shs
Market Capitalization$82.60 million
P/E RatioN/A
Dividend Yield12.90%
Beta1.25
Portman Ridge Finance Corp. operates as a non-diversified management investment company. The firm 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. The company was founded on August 8, 2006 and is headquartered in New York, NY.

MarketRank

Overall MarketRank

0.94 out of 5 stars

Finance Sector

1043rd out of 1,651 stocks

Investors, Not Elsewhere Classified Industry

21st out of 34 stocks

Analyst Opinion: 1.0Community Rank: 1.4Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Investors, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:PTMN
CUSIPN/A
CIKN/A
Phone(212) 891-2880
EmployeesN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$26.50 million
Book Value$4.07 per share

Profitability

Net Income$-12,500,000.00

Miscellaneous

Market Cap$82.60 million
Next Earnings Date3/5/2021 (Estimated)
OptionableNot Optionable
$1.87
+0.01 (+0.54 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Portman Ridge Finance (NASDAQ:PTMN) Frequently Asked Questions

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

Portman Ridge Finance's stock was trading at $1.69 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PTMN stock has increased by 10.7% and is now trading at $1.87.
View which stocks have been most impacted by COVID-19
.

Is Portman Ridge Finance a buy right now?

1 Wall Street equities research 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 equities research 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 MarketBeat's top 5 stock picks.

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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Portman Ridge Finance wasn't one of them. MarketBeat thinks these five stocks 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 Friday, March 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) released its quarterly earnings data on Monday, November, 9th. The company reported $0.06 EPS for the quarter, beating the Zacks' consensus estimate of $0.05 by $0.01. The firm had revenue of $7.79 million for the quarter. Portman Ridge Finance had a negative net margin of 91.87% and a positive return on equity of 7.42%.
View Portman Ridge Finance's earnings history
.

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 Friday, October 16th. Investors of record on Monday, October 26th will be paid a dividend of $0.06 per share on Friday, November 27th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 12.83%. The ex-dividend date is Friday, October 23rd.
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 12.90%. 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 strock track record of dividend growth. The dividend payout ratio of Portman Ridge Finance is 300.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Portman Ridge Finance will have a dividend payout ratio of 114.29% 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 analysts have issued 12-month price objectives for Portman Ridge Finance's stock. Their forecasts range from $2.00 to $2.00. On average, they expect Portman Ridge Finance's share price to reach $2.00 in the next year. This suggests a possible upside of 7.0% from the stock's current price.
View analysts' price targets for Portman Ridge Finance
or view Wall Street analyst' top-rated stocks.

Are investors shorting Portman Ridge Finance?

Portman Ridge Finance saw a increase in short interest in December. As of December 31st, there was short interest totaling 130,500 shares, an increase of 36.6% from the December 15th total of 95,500 shares. Based on an average trading volume of 322,100 shares, the short-interest ratio is presently 0.4 days.
View Portman Ridge Finance's Short Interest
.

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

What other stocks do shareholders of Portman Ridge Finance own?

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
  • Edward U. Gilpin, Chief Financial Officer, Secretary & Treasurer
  • Andrew Devine, Chief Compliance Officer
  • Patrick Schafer, Chief Investment Officer

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 institutional and retail investors. Top institutional shareholders include Diversified Trust Co (0.04%). 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 Diversified Trust Co.
View insider buying and selling activity for Portman Ridge Finance
or view top insider-selling 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.

What is Portman Ridge Finance's stock price today?

One share of PTMN stock can currently be purchased for approximately $1.87.

How big of a company is Portman Ridge Finance?

Portman Ridge Finance has a market capitalization of $82.60 million and generates $26.50 million in revenue each year. The company earns $-12,500,000.00 in net income (profit) each year or $0.08 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.

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 1/16/2021 by MarketBeat.com Staff

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