NASDAQ:PTMN Portman Ridge Finance Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Portman Ridge Finance Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.33 0.00 (0.00 %) (As of 10/1/2020 03:59 PM ET) Add Compare Share Today's Range$1.31Now: $1.33▼$1.3350-Day Range$1.15MA: $1.23▼$1.3552-Week Range$0.75Now: $1.33▼$2.39Volume670 shsAverage Volume207,650 shsMarket Capitalization$59.18 millionP/E RatioN/ADividend Yield17.91%Beta1.34 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Portman Ridge Finance. Previous Next 1.5 Community Rank Outperform VotesPortman Ridge Finance has received 25 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPortman Ridge Finance has received 60 “underperform” votes. (Add your “underperform” vote.)Community SentimentPortman Ridge Finance has received 70.59% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipPortman Ridge Finance is a leading dividend payer. It pays a dividend yield of 17.91%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPortman Ridge Finance has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Portman Ridge Finance is 300.00%. 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 114.29% in the coming year. This indicates that Portman Ridge Finance may not be able to sustain their current dividend. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Portman Ridge Finance insiders have bought more of their company's stock than they have sold. Specifically, they have bought $45,407.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 4.73% of the stock of Portman Ridge Finance is held by insiders.Percentage Held by InstitutionsOnly 18.81% of the stock of Portman Ridge Finance is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Portman Ridge Finance are expected to remain at $0.21 per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Portman Ridge Finance is -2.22, 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. SectorThe P/E ratio of Portman Ridge Finance is -2.22, 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 RatioPortman Ridge Finance has a P/B Ratio of 0.32. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 1.5Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.36 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Investors, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:PTMN Previous Symbol CUSIPN/A CIKN/A Webwww.portmanridge.com Phone212-891-2880Debt Debt-to-Equity Ratio1.43 Current Ratio1.85 Quick Ratio1.85Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio6.33 P/E GrowthN/A Sales & Book Value Annual Sales$26.50 million Price / Sales2.23 Cash FlowN/A Price / Cash FlowN/A Book Value$4.07 per share Price / Book0.33Profitability EPS (Most Recent Fiscal Year)$0.08 Net Income$-12,500,000.00 Net Margins-91.87% Return on Equity7.42% Return on Assets3.27%Miscellaneous EmployeesN/A Outstanding Shares44,495,000Market Cap$59.18 million Next Earnings Date11/5/2020 (Estimated) OptionableNot Optionable $1.33 0.00 (0.00 %) (As of 10/1/2020 03:59 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive PTMN News and Ratings via Email Sign-up to receive the latest news and ratings for PTMN and its competitors with MarketBeat's FREE daily newsletter. Portman Ridge Finance (NASDAQ:PTMN) Frequently Asked Questions How has Portman Ridge Finance's stock been impacted by Coronavirus (COVID-19)? Portman Ridge Finance's stock was trading at $1.69 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PTMN stock has decreased by 21.3% and is now trading at $1.33. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of 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. When is Portman Ridge Finance's next earnings date? Portman Ridge Finance is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020. View our earnings forecast for Portman Ridge Finance. How were Portman Ridge Finance's earnings last quarter? Portman Ridge Finance Corp (NASDAQ:PTMN) released its quarterly earnings results on Thursday, August, 6th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.04 by $0.02. The company had revenue of $7.31 million for the quarter. Portman Ridge Finance had a positive return on equity of 7.42% and a negative net margin of 91.87%. 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 declared a quarterly dividend on Wednesday, August 5th. Investors of record on Monday, August 17th will be paid a dividend of $0.06 per share on Friday, August 28th. This represents a $0.24 annualized dividend and a dividend yield of 18.05%. The ex-dividend date of this dividend is Friday, August 14th. View Portman Ridge Finance's dividend history. Are investors shorting Portman Ridge Finance? Portman Ridge Finance saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,460,000 shares, an increase of 33.9% from the August 15th total of 1,090,000 shares. Based on an average trading volume of 232,900 shares, the short-interest ratio is presently 6.3 days. View Portman Ridge Finance's Short Interest. Who are some of Portman Ridge Finance's key competitors? Some companies that are related to Portman Ridge Finance include PennantPark Investment (PNNT), Oaktree Strategic Income (OCSI), Stellus Capital Investment (SCM), Allied Minds (ALLWF), Safeguard Scientifics (SFE), THL Credit (TCRD), Elron Electronic Industries (ELRNF), THL Credit (FCRD), OFS Capital (OFS), Garrison Capital (GARS), 180 Degree Capital (TURN), InvestcorpCreditManagementBDCInc . (ICMB), CM Finance (CMFN), Rand Capital (RAND) and Firsthand Technology Value Fund (SVVC). View all competitors. What other stocks do shareholders of Portman Ridge Finance own? Based on aggregate information from My MarketBeat watchlists, some companies that other Portman Ridge Finance investors own include AGNC Investment (AGNC), Monroe Capital (MRCC), Anworth Mortgage Asset Corp Reit (ANH), Brookfield Property Partners (BPY), Capital Product Partners (CPLP), New Residential Investment (NRZ), NY MTG TR INC/SH (NYMT), PennantPark Investment (PNNT), Prospect Capital (PSEC) and BlackRock TCP Capital (TCPC). Who are Portman Ridge Finance's key executives? Portman Ridge Finance's management team includes the following people: Ted Goldthorpe, President, Chief Executive Officer & DirectorEdward U. Gilpin, Chief Financial Officer, Secretary & TreasurerDaniel P. Gilligan, Chief Compliance Officer What is Portman Ridge Finance's stock symbol? Portman Ridge Finance trades on the NASDAQ under the ticker symbol "PTMN." 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 $1.33. How big of a company is Portman Ridge Finance? Portman Ridge Finance has a market capitalization of $59.18 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 10/1/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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