QQQ   379.12 (+0.31%)
AAPL   149.32 (+0.46%)
MSFT   310.11 (+0.64%)
FB   315.81 (-3.92%)
GOOGL   2,786.17 (+1.35%)
TSLA   1,018.43 (-0.63%)
AMZN   3,376.07 (+1.68%)
NVDA   247.17 (+6.70%)
BABA   169.99 (-3.51%)
NIO   40.47 (-1.94%)
CGC   13.17 (-2.95%)
GE   107.44 (+2.03%)
AMD   122.93 (+0.47%)
MU   68.94 (+0.26%)
T   25.37 (-1.05%)
F   15.94 (-0.38%)
ACB   7.03 (-2.09%)
DIS   172.04 (+0.02%)
PFE   43.56 (+0.95%)
BA   209.81 (-1.44%)
AMC   36.05 (-2.12%)
QQQ   379.12 (+0.31%)
AAPL   149.32 (+0.46%)
MSFT   310.11 (+0.64%)
FB   315.81 (-3.92%)
GOOGL   2,786.17 (+1.35%)
TSLA   1,018.43 (-0.63%)
AMZN   3,376.07 (+1.68%)
NVDA   247.17 (+6.70%)
BABA   169.99 (-3.51%)
NIO   40.47 (-1.94%)
CGC   13.17 (-2.95%)
GE   107.44 (+2.03%)
AMD   122.93 (+0.47%)
MU   68.94 (+0.26%)
T   25.37 (-1.05%)
F   15.94 (-0.38%)
ACB   7.03 (-2.09%)
DIS   172.04 (+0.02%)
PFE   43.56 (+0.95%)
BA   209.81 (-1.44%)
AMC   36.05 (-2.12%)
QQQ   379.12 (+0.31%)
AAPL   149.32 (+0.46%)
MSFT   310.11 (+0.64%)
FB   315.81 (-3.92%)
GOOGL   2,786.17 (+1.35%)
TSLA   1,018.43 (-0.63%)
AMZN   3,376.07 (+1.68%)
NVDA   247.17 (+6.70%)
BABA   169.99 (-3.51%)
NIO   40.47 (-1.94%)
CGC   13.17 (-2.95%)
GE   107.44 (+2.03%)
AMD   122.93 (+0.47%)
MU   68.94 (+0.26%)
T   25.37 (-1.05%)
F   15.94 (-0.38%)
ACB   7.03 (-2.09%)
DIS   172.04 (+0.02%)
PFE   43.56 (+0.95%)
BA   209.81 (-1.44%)
AMC   36.05 (-2.12%)
QQQ   379.12 (+0.31%)
AAPL   149.32 (+0.46%)
MSFT   310.11 (+0.64%)
FB   315.81 (-3.92%)
GOOGL   2,786.17 (+1.35%)
TSLA   1,018.43 (-0.63%)
AMZN   3,376.07 (+1.68%)
NVDA   247.17 (+6.70%)
BABA   169.99 (-3.51%)
NIO   40.47 (-1.94%)
CGC   13.17 (-2.95%)
GE   107.44 (+2.03%)
AMD   122.93 (+0.47%)
MU   68.94 (+0.26%)
T   25.37 (-1.05%)
F   15.94 (-0.38%)
ACB   7.03 (-2.09%)
DIS   172.04 (+0.02%)
PFE   43.56 (+0.95%)
BA   209.81 (-1.44%)
AMC   36.05 (-2.12%)
NASDAQ:PTMN

Portman Ridge Finance Stock Forecast, Price & News

$24.40
0.00 (0.00 %)
(As of 10/26/2021 04:00 PM ET)
Add
Compare
Today's Range
$24.38
$24.60
50-Day Range
$23.70
$25.70
52-Week Range
$12.50
$25.80
Volume13,660 shs
Average Volume38,223 shs
Market Capitalization$222.41 million
P/E Ratio2.07
Dividend Yield9.84%
Beta1.22
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 Portman Ridge Finance and its competitors with MarketBeat's FREE daily newsletter.


Portman Ridge Finance logo

About Portman Ridge Finance

Portman Ridge Finance Corp seeks investment opportunities in companies located in the US with EBITDA ranging from $5 million to $25 million. The fund targets companies operating in the fields of aerospace/ defense, business services, consumer products, education, food & beverage, healthcare, industrial & environmental services, logistic & distribution and media & telecommunications. It provides financing in the form of debt and also makes equity co-investments. It also takes controlling interest.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Investors, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:PTMN
Employees
N/A
Year Founded
N/A

Sales & Book Value

Annual Sales
$42.76 million
Cash Flow
$0.84 per share
Book Value
$28.77 per share

Profitability

Net Income
$31.57 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$222.41 million
Next Earnings Date
11/4/2021 (Confirmed)
Optionable
Not Optionable

MarketRank

Overall MarketRank

1.69 out of 5 stars

Finance Sector

872nd out of 1,338 stocks

Investors, Not Elsewhere Classified Industry

14th out of 28 stocks

Analyst Opinion: 1.0Community Rank: 3.1Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -












Portman Ridge Finance (NASDAQ:PTMN) Frequently Asked Questions

Is Portman Ridge Finance a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Portman Ridge Finance in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Portman Ridge Finance stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PTMN, but not buy additional shares or sell existing shares.
View analyst ratings for Portman Ridge Finance
or view top-rated stocks.

What stocks does MarketBeat like better than Portman Ridge Finance?

Wall Street analysts have given Portman Ridge Finance a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Portman Ridge Finance wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Portman Ridge Finance?

Portman Ridge Finance saw a increase in short interest in September. As of September 15th, there was short interest totaling 36,200 shares, an increase of 47.8% from the August 31st total of 24,500 shares. Based on an average daily volume of 31,300 shares, the short-interest ratio is presently 1.2 days. Approximately 0.4% of the company's stock are short sold.
View Portman Ridge Finance's Short Interest
.

When is Portman Ridge Finance's next earnings date?

Portman Ridge Finance is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Portman Ridge Finance
.

How were Portman Ridge Finance's earnings last quarter?

Portman Ridge Finance Co. (NASDAQ:PTMN) announced its earnings results on Thursday, August, 5th. The company reported $1.50 earnings per share for the quarter. The business had revenue of $21.55 million for the quarter. Portman Ridge Finance had a net margin of 112.83% and a trailing twelve-month return on equity of 15.18%.
View Portman Ridge Finance's earnings history
.

How has Portman Ridge Finance's stock been impacted by Coronavirus?

Portman Ridge Finance's stock was trading at $16.90 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PTMN stock has increased by 44.4% and is now trading at $24.40.
View which stocks have been most impacted by COVID-19
.

How often does Portman Ridge Finance pay dividends? What is the dividend yield for Portman Ridge Finance?

Portman Ridge Finance declared a dividend on Wednesday, August 25th. Stockholders of record on Friday, August 27th will be given a dividend of $0.60 per share on Thursday, August 26th. This represents a dividend yield of 10.04%. The ex-dividend date of this dividend is Thursday, August 26th.
View Portman Ridge Finance's dividend history
.

Is Portman Ridge Finance a good dividend stock?

Portman Ridge Finance pays an annual dividend of $2.40 per share and currently has a dividend yield of 9.84%. PTMN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Portman Ridge Finance is 70.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Portman Ridge Finance will have a dividend payout ratio of 80.00% in the coming year. This indicates that Portman Ridge Finance may not be able to sustain their current dividend.
View Portman Ridge Finance's dividend history.

When did Portman Ridge Finance's stock split? How did Portman Ridge Finance's stock split work?

Portman Ridge Finance's stock reverse split before market open 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 Portman Ridge Finance stock prior to the reverse split would have 10 shares after the split.

What guidance has Portman Ridge Finance issued on next quarter's earnings?

Portman Ridge Finance issued an update on its second quarter earnings guidance on Thursday, August, 5th. The company provided earnings per share (EPS) guidance of $0.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.08. The company issued revenue guidance of $18.00 million, compared to the consensus revenue estimate of $16.48 million.

What price target have analysts set for PTMN?

1 equities research analysts have issued 1-year price objectives for Portman Ridge Finance's shares. Their forecasts range from $20.00 to $20.00. On average, they anticipate Portman Ridge Finance's stock price to reach $20.00 in the next twelve months. This suggests that the stock has a possible downside of 18.0%.
View analysts' price targets for Portman Ridge Finance
or view top-rated stocks among Wall Street analysts.

Who are Portman Ridge Finance's key executives?

Portman Ridge Finance's management team includes the following people:
  • Ted Goldthorpe, Chairman, President & Chief Executive Officer
  • Jason T. Roos, Chief Financial Officer, Secretary & Treasurer
  • Andrew John Devine, Chief Compliance Officer
  • Patrick Schafer, Chief Investment Officer

What other stocks do shareholders of Portman Ridge Finance own?

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 Confluence Investment Management LLC (0.57%), Deltec Asset Management LLC (0.30%), Eidelman Virant Capital (0.15%) and Hillsdale Investment Management Inc. (0.03%). Company insiders that own Portman Ridge Finance stock include Alexander Duka, 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 Confluence Investment Management LLC, Deltec Asset Management LLC, Eidelman Virant Capital, and Hillsdale Investment Management Inc..
View insider buying and selling activity for Portman Ridge Finance
or view top insider-selling stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Portman Ridge Finance's stock price today?

One share of PTMN stock can currently be purchased for approximately $24.40.

How much money does Portman Ridge Finance make?

Portman Ridge Finance has a market capitalization of $222.41 million and generates $42.76 million in revenue each year. The company earns $31.57 million in net income (profit) each year or $3.40 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.

Where are Portman Ridge Finance's headquarters?

Portman Ridge Finance is headquartered at 650 MADISON AVENUE 23TH FLOOR, NEW YORK NY, 10022.

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 10/26/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.