NASDAQ:PTMN Portman Ridge Finance (PTMN) Stock Price, News & Analysis $19.77 +0.12 (+0.61%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$19.69▼$19.8350-Day Range$19.14▼$19.8952-Week Range$16.27▼$21.12Volume20,252 shsAverage Volume38,622 shsMarket Capitalization$184.06 millionP/E Ratio11.84Dividend Yield13.96%Price Target$20.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Portman Ridge Finance alerts: Email Address Portman Ridge Finance MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside1.2% Upside$20.00 Price TargetShort InterestHealthy0.18% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.43Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth6.25%From $2.72 to $2.89 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.22 out of 5 starsFinance Sector623rd out of 898 stocksInvestors, Not Elsewhere Classified Industry1st out of 15 stocks 1.0 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, 2 hold ratings, and no sell ratings.Amount of Analyst CoveragePortman Ridge Finance has received no research coverage in the past 90 days.Read more about Portman Ridge Finance's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.18% 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 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Portman Ridge Finance has recently decreased by 65.20%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipPortman Ridge Finance is a leading dividend payer. It pays a dividend yield of 14.07%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPortman Ridge Finance does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Portman Ridge Finance is 165.27%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Portman Ridge Finance will have a dividend payout ratio of 95.50% in the coming year. This indicates that Portman Ridge Finance may not be able to sustain their current dividend.Read more about Portman Ridge Finance's 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 3.6 News and Social Media Coverage News SentimentPortman Ridge Finance has a news sentiment score of 1.43. 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 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Portman Ridge Finance this week, compared to 0 articles on an average week.Search Interest4 people have searched for PTMN on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Portman Ridge Finance insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.20% of the stock of Portman Ridge Finance is held by insiders.Percentage Held by InstitutionsOnly 30.14% of the stock of Portman Ridge Finance is held by institutions.Read more about Portman Ridge Finance's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Portman Ridge Finance are expected to grow by 6.25% in the coming year, from $2.72 to $2.89 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Portman Ridge Finance is 11.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Portman Ridge Finance is 11.84, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.14.Price to Book Value per Share RatioPortman Ridge Finance has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Portman Ridge Finance's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyObama wins Presidential debate When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.” Please, watch this now before it’s too late. About Portman Ridge Finance Stock (NASDAQ:PTMN)Portman 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PTMN Stock News HeadlinesJuly 8, 2024 | globenewswire.comPortman Ridge Finance Corporation Schedules Second Quarter 2024 Earnings Release and Conference CallMay 8, 2024 | investorplace.comPTMN Stock Earnings: Portman Ridge Finance Misses EPS, Misses Revenue for Q1 2024July 26, 2024 | Behind the Markets (Ad)J.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."May 8, 2024 | globenewswire.comPortman Ridge Finance Corporation Announces First Quarter 2024 Financial ResultsMay 7, 2024 | markets.businessinsider.comPortman Ridge Finance is about to announce earnings — here's what Wall Street expectsApril 30, 2024 | wsj.comPortman Ridge Finance Corp.April 12, 2024 | globenewswire.comPortman Ridge Finance Corporation Schedules First Quarter 2024 Earnings Release and Conference CallMarch 16, 2024 | finance.yahoo.comPortman Ridge Finance Corporation (NASDAQ:PTMN) Q4 2023 Earnings Call TranscriptJuly 26, 2024 | Behind the Markets (Ad)J.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."March 15, 2024 | finance.yahoo.comQ4 2023 Portman Ridge Finance Corp Earnings CallMarch 13, 2024 | globenewswire.comPortman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial ResultsMarch 13, 2024 | morningstar.comPortman Ridge Finance CorpMarch 12, 2024 | msn.comPortman Ridge Finance Q4 2023 Earnings PreviewMarch 12, 2024 | benzinga.comEarnings Outlook For Portman Ridge FinanceJanuary 17, 2024 | finance.yahoo.comPortman Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference CallJanuary 7, 2024 | seekingalpha.comPortman Ridge Finance: Complicated 15% Dividend At An 18.5% Discount To NAVNovember 16, 2023 | msn.comPortman Ridge Finance goes ex dividend tomorrowNovember 14, 2023 | benzinga.comThursday Is Your Last Chance To Buy Portman Ridge Finance Before The Dividend PayoutSee 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 Company Calendar Last Earnings5/08/2024Ex-Dividend for 5/31 Dividend5/20/2024Dividend Payable5/31/2024Today7/26/2024Next Earnings (Confirmed)8/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Investors, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:PTMN CUSIPN/A CIK1372807 Webwww.portmanridge.com Phone(212) 891-2880Fax212-983-7654EmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$20.00 High Stock Price Target$20.00 Low Stock Price Target$20.00 Potential Upside/Downside+1.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.67 Trailing P/E Ratio11.84 Forward P/E Ratio7.27 P/E GrowthN/ANet Income$11.38 million Net Margins21.81% Pretax Margin44.78% Return on Equity15.21% Return on Assets5.96% Debt Debt-to-Equity Ratio1.37 Current Ratio1.70 Quick Ratio1.70 Sales & Book Value Annual Sales$76.32 million Price / Sales2.41 Cash Flow$3.09 per share Price / Cash Flow6.39 Book Value$22.60 per share Price / Book0.87Miscellaneous Outstanding Shares9,310,000Free Float9,101,000Market Cap$184.06 million OptionableOptionable Beta1.01 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Edward Joseph Goldthorpe (Age 47)Chairman, CEO & President Mr. Patrick Schafer (Age 39)Chief Investment Officer Mr. Brandon Satoren (Age 35)Chief Financial Officer, Secretary & Treasurer Mr. David Isaac Held J.D. (Age 53)Chief Compliance Officer Key CompetitorsGladstone InvestmentNASDAQ:GAINPennantPark InvestmentNASDAQ:PNNTStellus Capital InvestmentNYSE:SCMTriplePoint Venture Growth BDCNYSE:TPVGOFS CapitalNASDAQ:OFSView All CompetitorsInsiders & InstitutionsRedhawk Wealth Advisors Inc.Bought 40,102 shares on 7/17/2024Ownership: 0.431%Confluence Investment Management LLCBought 1,075 shares on 7/1/2024Ownership: 0.641%Advisors Asset Management Inc.Sold 1,607 shares on 5/14/2024Ownership: 1.349%Privium Fund Management UK LtdSold 65,418 shares on 4/30/2024Ownership: 0.348%Repertoire Partners LpSold 9,884 sharesTotal: $168,423.36 ($17.04/share)View All Insider TransactionsView All Institutional Transactions PTMN Stock Analysis - Frequently Asked Questions How have PTMN shares performed this year? Portman Ridge Finance's stock was trading at $18.19 on January 1st, 2024. Since then, PTMN shares have increased by 8.7% and is now trading at $19.77. View the best growth stocks for 2024 here. How were Portman Ridge Finance's earnings last quarter? Portman Ridge Finance Co. (NASDAQ:PTMN) issued its quarterly earnings data on Wednesday, May, 8th. The company reported $0.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by $0.07. The business had revenue of $16.53 million for the quarter, compared to analysts' expectations of $17.48 million. Portman Ridge Finance had a net margin of 21.81% and a trailing twelve-month return on equity of 15.21%. When did Portman Ridge Finance's stock split? Portman Ridge Finance shares 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 shareholders of Portman Ridge Finance include Confluence Investment Management LLC (0.64%) and Redhawk Wealth Advisors Inc. (0.43%). Insiders that own company stock include Master Fund Lp Repertoire, Repertoire Partners Lp and Patrick Schafer. 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. Compare Top Brokerages Here. 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 AGNC Investment (AGNC), Monroe Capital (MRCC), Anworth Mortgage Asset (ANH), Capital Product Partners (CPLP), New Residential Investment (NRZ) and New York Mortgage Trust (NYMT). 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