NASDAQ:PTMNPortman Ridge Finance Stock Price, Forecast & 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 $1.30 +0.01 (+0.78 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's Range$1.27Now: $1.30▼$1.3450-Day Range$0.98MA: $1.11▼$1.3352-Week Range$0.75Now: $1.30▼$2.67Volume178,483 shsAverage Volume125,275 shsMarket Capitalization$58.15 millionP/E RatioN/ADividend Yield18.60%Beta1.32 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider TradesInstitutional OwnershipHeadlinesSocial 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 1.4 Community Rank Outperform VotesPortman Ridge Finance has received 20 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPortman Ridge Finance has received 53 “underperform” votes. (Add your “underperform” vote.)Community SentimentPortman Ridge Finance has received 72.60% “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 18.60%, 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 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 141.18 % 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 $28,674.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 6.30% of the stock of Portman Ridge Finance is held by insiders.Percentage Held by InstitutionsOnly 22.48% 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 decrease by -10.53% in the coming year, from $0.19 to $0.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Portman Ridge Finance is -1.91, 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 -1.91, 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: 1.4Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.34 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 Ratio1.09 Current Ratio0.30 Quick Ratio0.30Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio6.84 P/E GrowthN/A Sales & Book Value Annual Sales$26.50 million Price / Sales2.19 Cash FlowN/A Price / Cash FlowN/A Book Value$4.07 per share Price / Book0.32Profitability EPS (Most Recent Fiscal Year)$0.08 Net Income$-12,500,000.00 Net Margins-107.68% Return on Equity5.90% Return on Assets2.70%Miscellaneous EmployeesN/A Outstanding Shares44,730,000Market Cap$58.15 million Next Earnings Date8/4/2020 (Estimated) OptionableNot Optionable NASDAQ:PTMN Rates by TradingView 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 COVID-19 (Coronavirus)? 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. Since then, PTMN shares have decreased by 23.1% and is now trading at $1.30. View which stocks have been most impacted by Coronavirus. 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 Tuesday, August 4th 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 Wednesday, May, 6th. The company reported $0.06 EPS for the quarter, topping analysts' consensus estimates of $0.05 by $0.01. The company earned $7.75 million during the quarter. Portman Ridge Finance had a positive return on equity of 5.90% and a negative net margin of 107.68%. 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 Tuesday, March 17th. Investors of record on Thursday, May 7th will be given a dividend of $0.06 per share on Wednesday, May 27th. This represents a $0.24 annualized dividend and a dividend yield of 18.46%. The ex-dividend date of this dividend is Wednesday, May 6th. View Portman Ridge Finance's dividend history. Has Portman Ridge Finance been receiving favorable news coverage? News articles about PTMN stock have been trending positive recently, InfoTrie reports. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Portman Ridge Finance earned a news sentiment score of 3.0 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. View the latest news aboutPortman Ridge Finance. Who are some of Portman Ridge Finance's key competitors? Some companies that are related to Portman Ridge Finance include Oaktree Strategic Income (OCSI), Stellus Capital Investment (SCM), Safeguard Scientifics (SFE), THL Credit (TCRD), Allied Minds (ALLWF), OFS Capital (OFS), InvestcorpCreditManagementBDCInc . (ICMB), Garrison Capital (GARS), 180 Degree Capital (TURN), CM Finance (CMFN), Elron Electronic Industries (ELRNF), Capitala Finance (CPTA), Firsthand Technology Value Fund (SVVC), Rand Capital (RAND) and Live Ventures (LIVE). 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), New Residential Investment (NRZ), NY MTG TR INC/SH (NYMT), BlackRock TCP Capital (TCPC), THL Credit (TCRD), Triplepoint Venture Growth BDC (TPVG), Ashford Hospitality Trust (AHT), Anworth Mortgage Asset Corp Reit (ANH) and Braemar Hotels & Resorts (BHR). 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." Who are Portman Ridge Finance's major shareholders? Portman Ridge Finance's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Virtus ETF Advisers LLC (1.69%), Diversified Trust Co (0.54%), Deltec Asset Management LLC (0.49%), Fondren Management LP (0.40%), UBS Group AG (0.38%) and Arbiter Partners Capital Management LLC (0.37%). Company insiders that own Portman Ridge Finance stock include Christopher Lacovara, Edward J Goldthorpe and Patrick Schafer. View institutional ownership trends for Portman Ridge Finance. Which major investors are selling Portman Ridge Finance stock? PTMN stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Virtus ETF Advisers LLC, Fondren Management LP, and Diversified Trust Co. View insider buying and selling activity for Portman Ridge Finance. Which major investors are buying Portman Ridge Finance stock? PTMN stock was purchased by a variety of institutional investors in the last quarter, including Arbiter Partners Capital Management LLC, Advisor Group Holdings Inc., Deltec Asset Management LLC, Marquette Asset Management LLC, and Creative Planning. Company insiders that have bought Portman Ridge Finance stock in the last two years include Edward J Goldthorpe, and Patrick Schafer. View insider buying and selling activity 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 $1.30. How big of a company is Portman Ridge Finance? Portman Ridge Finance has a market capitalization of $58.15 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 6/6/2020 by MarketBeat.com Staff
