Portman Ridge Finance (PTMN) Stock Price, News & Analysis

Company Overview

Portman Ridge Finance Corporation (NASDAQ: PTMN) is a externally managed, closed-end management investment company structured as a business development company under the Investment Company Act of 1940. The firm specializes in providing private credit and equity solutions to middle-market companies in North America and select opportunities in Europe. Its investment mandate encompasses senior secured loans, second-lien debt, mezzanine financing and equity co-investments, offering issuers tailored financing structures to support growth, acquisitions, recapitalizations and other corporate needs.

Since its inception, Portman Ridge Finance has focused on sectors where seasoned credit analysis and active portfolio management can generate durable risk-adjusted returns. Key industries include healthcare services, information technology, business services, consumer products and industrials. The company pursues a floating-rate investment approach designed to mitigate interest rate risk, and it emphasizes downside protection through rigorous due diligence, structural credit enhancements and ongoing monitoring of portfolio companies.

Portman Ridge Finance traces its roots to an established alternative credit platform with a record of navigating market cycles through disciplined underwriting and deep sponsor relationships. The company underwent a strategic reorganization in 2021, adopting its current name and governance structure to sharpen its focus on the direct lending and opportunistic credit markets. Headquartered in New York City, Portman Ridge Finance leverages the capabilities of an experienced external investment adviser with a proven track record in middle-market financing.

Leadership at Portman Ridge Finance is anchored by Anthony Park, Chairman and Chief Executive Officer, and Russell Stewart, President and Chief Financial Officer. The senior management team, supported by a dedicated investment and risk-management staff, brings decades of credit investing experience. Together, they employ a collaborative investment process that combines industry expertise, rigorous due diligence and active portfolio oversight to address the evolving financing needs of middle-market issuers.

Key Stats

• Today's Range: $12.50 to $12.94
• 50-Day Range: $11.52 to $12.75
• 52-Week Range: $11.48 to $19.95
• Volume: 47,081 shs
• Average Volume: 47,934 shs
• Market Capitalization: $118.22 million
• P/E Ratio: N/A
• Dividend Yield: 14.63%
• Price Target: $14.00
• Consensus Rating: Hold

Portman Ridge Finance Stock Analysis - MarketRank™

Portman Ridge Finance scored higher than 34% of companies evaluated by MarketBeat, and ranked 612th out of 933 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Portman 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.

Amount of Analyst Coverage

Portman Ridge Finance has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 0.76%

Earnings Growth

Earnings for Portman Ridge Finance are expected to grow by 0.76% in the coming year, from $2.64 to $2.66 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Portman Ridge Finance is -11.37, 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. Sector

The P/E ratio of Portman Ridge Finance is -11.37, 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 Ratio

Portman Ridge Finance has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.35% of the float of Portman Ridge Finance has been sold short.

Short Interest Ratio / Days to Cover

Portman Ridge Finance has a short interest ratio ("days to cover") of 6.3.

Change versus previous month

Short interest in Portman Ridge Finance has recently increased by 10.56%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Portman Ridge Finance is a leading dividend payer. It pays a dividend yield of 14.74%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Portman Ridge Finance does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Portman Ridge Finance will have a dividend payout ratio of 70.68% next year. This indicates that Portman Ridge Finance will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.35% of the float of Portman Ridge Finance has been sold short.

Short Interest Ratio / Days to Cover

Portman Ridge Finance has a short interest ratio ("days to cover") of 6.3.

Change versus previous month

Short interest in Portman Ridge Finance has recently increased by 10.56%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 1.89

News Sentiment

Portman Ridge Finance has a news sentiment score of 1.89. 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 higher news sentiment than the 0.94 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Portman Ridge Finance this week, compared to 1 article on an average week.

MarketBeat Follows

5 people have added Portman Ridge Finance to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Portman Ridge Finance insiders have bought more of their company's stock than they have sold. Specifically, they have bought $38,297.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 2.11% of the stock of Portman Ridge Finance is held by insiders.

Percentage Held by Institutions

Only 30.14% of the stock of Portman Ridge Finance is held by institutions.

PTMN Stock Analysis - Frequently Asked Questions

How have PTMN shares performed this year?

Portman Ridge Finance's stock was trading at $16.34 on January 1st, 2025. Since then, PTMN stock has decreased by 21.4% and is now trading at $12.85.

How were Portman Ridge Finance's earnings last quarter?

Portman Ridge Finance Corporation (NASDAQ:PTMN) announced its quarterly earnings data on Thursday, May, 8th. The company reported $0.47 earnings per share for the quarter, missing analysts' consensus estimates of $0.60 by $0.13. The company had revenue of $12.12 million for the quarter, compared to analysts' expectations of $14.04 million. Portman Ridge Finance had a positive trailing twelve-month return on equity of 12.04% and a negative net margin of 18.10%.
Read the conference call transcript.

When did Portman Ridge Finance's stock split?

Portman Ridge Finance's stock reverse split on 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.

Who are Portman Ridge Finance's major shareholders?

Top institutional investors of Portman Ridge Finance include Confluence Investment Management LLC (0.23%). Insiders that own company stock include Master Fund Lp Repertoire, Repertoire Partners Lp, Edward J Goldthorpe, Brandon Satoren and David Held.
View institutional ownership trends.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Portman Ridge Finance own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Portman Ridge Finance investors own include Oxford Lane Capital (OXLC), Annaly Capital Management (NLY), Rithm Capital (RITM), Verizon Communications (VZ), Energy Transfer (ET), AGNC Investment (AGNC) and AT&T (T).

Company Calendar

• Last Earnings: 5/08/2025
• Record date for 5/29 Dividend: 5/19/2025
• Ex-Dividend for 5/29 Dividend: 5/19/2025
• Dividend Payable: 5/29/2025
• Today: 7/15/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: FIN - INVEST MGMT
• Sub-Industry: Financial Services
• Current Symbol: NASDAQ:PTMN
• CIK: 1372807
• Web: www.portmanridge.com
• Phone: (212) 891-2880
• Fax: 212-983-7654
• Employees: 25
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Portman Ridge Finance: $14.00
• High Price Target: $14.00
• Low Price Target: $14.00
• Potential Upside/Downside: +10.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.13)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 4.78
• P/E Growth: N/A
• Net Income: -$5.93 million
• Net Margins: -18.10%
• Pretax Margin: 38.19%
• Return on Equity: 12.04%
• Return on Assets: 4.80%

Debt

• Debt-to-Equity Ratio: 1.46
• Current Ratio: 2.48
• Quick Ratio: 2.48

Sales & Book Value

• Annual Sales: $62.43 million
• Price / Sales: 1.86
• Cash Flow: $2.71 per share
• Price / Cash Flow: 4.65
• Book Value: $19.37 per share
• Price / Book: 0.65

Miscellaneous

• Outstanding Shares: 9,200,000
• Free Float: 9,009,000
• Market Cap: $116.10 million
• Optionable: Optionable
• Beta: 0.57