NASDAQ:PTMN - Portman Ridge Finance Stock Price, News, & Analysis

$2.40
+0.06 (+2.57 %)
(As of 07/21/2019 11:58 AM ET)
Today's Range
$2.34
Now: $2.3950
$2.41
50-Day Range
$2.25
MA: $2.51
$2.70
52-Week Range
$2.25
Now: $2.3950
$3.80
Volume36,826 shs
Average Volume108,665 shs
Market Capitalization$89.48 million
P/E Ratio15.97
Dividend Yield16.70%
Beta0.74
Portman Ridge Finance Corp. is a private equity fund and non-diversified closed-end investment company that invests in middle market companies generating consistent cash flows located in North America. It targets companies operating across a broad range of sectors such as aerospace and defense, automotive, beverage, food and tobacco, broadcasting and entertainment, buildings and real estate, personal and cargo transport, chemicals, plastics and rubber, containers, packaging and glass, diversified or conglomerate service, ecological, electronics, finance, and healthcare. The company was founded on August 8, 2006 and is headquartered in New York, NY.

Industry, Sector and Symbol

Industry Investors, not elsewhere classified
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:PTMN
CUSIPN/A
CIKN/A
Phone212-891-2880

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$27.09 million
Cash Flow$0.0998 per share
Book Value$4.23 per share

Profitability

Net Income$-9,570,000.00

Miscellaneous

EmployeesN/A
Market Cap$89.48 million
Next Earnings Date8/7/2019 (Estimated)
OptionableNot Optionable

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Portman Ridge Finance (NASDAQ:PTMN) Frequently Asked Questions

What is Portman Ridge Finance's stock symbol?

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

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 Tuesday, March 19th. Investors of record on Friday, April 5th will be given a dividend of $0.10 per share on Friday, April 26th. This represents a $0.40 dividend on an annualized basis and a yield of 16.70%. The ex-dividend date of this dividend is Thursday, April 4th. View Portman Ridge Finance's Dividend History.

How were Portman Ridge Finance's earnings last quarter?

Portman Ridge Finance Corp (NASDAQ:PTMN) released its earnings results on Friday, May, 10th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.07 by $0.13. The firm earned $5.80 million during the quarter. Portman Ridge Finance had a negative net margin of 88.64% and a positive return on equity of 3.28%. View Portman Ridge Finance's Earnings History.

When is Portman Ridge Finance's next earnings date?

Portman Ridge Finance is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Portman Ridge Finance.

Has Portman Ridge Finance been receiving favorable news coverage?

Press coverage about PTMN stock has been trending extremely negative on Sunday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Portman Ridge Finance earned a media sentiment score of -4.7 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Portman Ridge Finance.

Are investors shorting Portman Ridge Finance?

Portman Ridge Finance saw a drop in short interest during the month of June. As of June 30th, there was short interest totalling 175,300 shares, a drop of 14.4% from the May 30th total of 204,800 shares. Based on an average trading volume of 115,600 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.5% of the shares of the stock are sold short. View Portman Ridge Finance's Current Options Chain.

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 folowing people:
  • Ted Goldthorpe, President, Chief Executive Officer & Director
  • Edward U. Gilpin, Chief Financial Officer, Secretary & Treasurer
  • Daniel P. Gilligan, Chief Compliance Officer

Who are Portman Ridge Finance's major shareholders?

Portman Ridge Finance's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Diversified Trust Co (0.75%) and Thoroughbred Financial Services LLC (0.15%).

Which institutional investors are buying Portman Ridge Finance stock?

PTMN stock was purchased by a variety of institutional investors in the last quarter, including Diversified Trust Co and Thoroughbred Financial Services LLC.

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

What is Portman Ridge Finance's stock price today?

One share of PTMN stock can currently be purchased for approximately $2.3950.

How big of a company is Portman Ridge Finance?

Portman Ridge Finance has a market capitalization of $89.48 million and generates $27.09 million in revenue each year. The company earns $-9,570,000.00 in net income (profit) each year or $0.27 on an earnings per share basis. View Additional Information About Portman Ridge Finance.

What is Portman Ridge Finance's official website?

The official website for Portman Ridge Finance is http://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.


MarketBeat Community Rating for Portman Ridge Finance (NASDAQ PTMN)

Community Ranking:  1.2 out of 5 (star)
Outperform Votes:  6 (Thanks for Voting!)
Underperform Votes:  18 (Thanks for Voting!)
Total Votes:  24
MarketBeat's community ratings are surveys of what our community members think about Portman Ridge Finance and other stocks. Vote "Outperform" if you believe PTMN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PTMN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/21/2019 by MarketBeat.com Staff

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