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NASDAQ:PTMN

Portman Ridge Finance Stock Forecast, Price & News

$1.27
+0.02 (+1.60 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$1.26
Now: $1.27
$1.28
50-Day Range
$1.05
MA: $1.18
$1.30
52-Week Range
$0.75
Now: $1.27
$2.39
Volume115,554 shs
Average Volume207,048 shs
Market Capitalization$56.51 million
P/E RatioN/A
Dividend Yield19.20%
Beta1.34
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.
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Beat the Market (BTM) Rank

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

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$26.50 million
Book Value$4.07 per share

Profitability

Net Income$-12,500,000.00

Miscellaneous

EmployeesN/A
Market Cap$56.51 million
Next Earnings Date11/5/2020 (Estimated)
OptionableNot Optionable
$1.27
+0.02 (+1.60 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Portman Ridge Finance (NASDAQ:PTMN) Frequently Asked Questions

How has Portman Ridge Finance's stock price been impacted by COVID-19 (Coronavirus)?

Portman Ridge Finance's stock was trading at $1.69 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PTMN stock has decreased by 24.9% and is now trading at $1.27.
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) posted its quarterly earnings results on Thursday, August, 6th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.04 by $0.02. 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 announced a quarterly dividend on Wednesday, August 5th. Stockholders 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 18.90%. 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 during 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 days-to-cover ratio is currently 6.3 days.
View Portman Ridge Finance's Short Interest
.

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 following people:
  • Ted Goldthorpe, President, Chief Executive Officer & Director
  • Edward U. Gilpin, Chief Financial Officer, Secretary & Treasurer
  • Daniel 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 variety of institutional and retail investors. Top institutional investors include Advisors Asset Management Inc. (1.01%), Arbiter Partners Capital Management LLC (0.78%), Bridgeway Capital Management Inc. (0.72%), Virtus ETF Advisers LLC (0.51%), Eidelman Virant Capital (0.23%) and UBS Group AG (0.07%). 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 institutional investors are selling Portman Ridge Finance stock?

PTMN stock was sold by a variety of institutional investors in the last quarter, including Virtus ETF Advisers LLC, UBS Group AG, Bridgeway Capital Management Inc., and Creative Planning.
View insider buying and selling activity for Portman Ridge Finance
.

Which institutional investors are buying Portman Ridge Finance stock?

PTMN stock was acquired by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Arbiter Partners Capital Management LLC, and Eidelman Virant Capital. Company insiders that have bought Portman Ridge Finance stock in the last two years include Alexander Duka, 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 $1.27.

How big of a company is Portman Ridge Finance?

Portman Ridge Finance has a market capitalization of $56.51 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 9/19/2020 by MarketBeat.com Staff

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