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Portman Ridge Finance Stock Price, Forecast & Analysis (NASDAQ:PTMN)

$2.06
-0.10 (-4.63 %)
(As of 11/18/2019 04:12 AM ET)
Today's Range
$2.04
Now: $2.06
$2.16
50-Day Range
$2.09
MA: $2.23
$2.29
52-Week Range
$2.04
Now: $2.06
$3.80
Volume284,500 shs
Average Volume69,912 shs
Market Capitalization$76.98 million
P/E Ratio7.63
Dividend Yield11.11%
Beta0.72
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$0.10 per share
Book Value$3.55 per share

Profitability

Net Income$-9,570,000.00
Net Margins-108.42%

Miscellaneous

EmployeesN/A
Market Cap$76.98 million
Next Earnings Date2/25/2020 (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 announced a quarterly dividend on Tuesday, November 5th. Investors of record on Friday, November 15th will be given a dividend of $0.06 per share on Friday, November 29th. This represents a $0.24 annualized dividend and a yield of 11.65%. The ex-dividend date is Thursday, November 14th. View Portman Ridge Finance's Dividend History.

How were Portman Ridge Finance's earnings last quarter?

Portman Ridge Finance Corp (NASDAQ:PTMN) announced its quarterly earnings results on Thursday, November, 7th. The company reported $0.06 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.07 by $0.01. The company earned $7.08 million during the quarter. Portman Ridge Finance had a positive return on equity of 2.08% and a negative net margin of 108.42%. 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 Tuesday, February 25th 2020. View Earnings Estimates for Portman Ridge Finance.

What is the consensus analysts' recommendation for Portman Ridge Finance?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Portman Ridge Finance in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Portman Ridge Finance.

Has Portman Ridge Finance been receiving favorable news coverage?

News stories about PTMN stock have been trending very negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Portman Ridge Finance earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View News Stories for Portman Ridge Finance.

Are investors shorting Portman Ridge Finance?

Portman Ridge Finance saw a drop in short interest in the month of October. As of October 15th, there was short interest totalling 176,400 shares, a drop of 15.5% from the September 15th total of 208,700 shares. Based on an average daily trading volume, of 87,500 shares, the short-interest ratio is presently 2.0 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 investors include Diversified Trust Co (0.77%) and Creative Planning (0.07%). View Institutional Ownership Trends for Portman Ridge Finance.

Which institutional investors are selling Portman Ridge Finance stock?

PTMN stock was sold by a variety of institutional investors in the last quarter, including Creative Planning. View Insider Buying and Selling for Portman Ridge Finance.

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. View Insider Buying and Selling for Portman Ridge Finance.

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, 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 $2.06.

How big of a company is Portman Ridge Finance?

Portman Ridge Finance has a market capitalization of $76.98 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:  1.4 out of 5 (star)
Outperform Votes:  14 (Vote Outperform)
Underperform Votes:  37 (Vote Underperform)
Total Votes:  51
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 11/18/2019 by MarketBeat.com Staff

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