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NASDAQ:PTMNPortman Ridge Finance Stock Price, Forecast & News

$1.30
+0.01 (+0.78 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$1.27
Now: $1.30
$1.34
50-Day Range
$0.98
MA: $1.11
$1.33
52-Week Range
$0.75
Now: $1.30
$2.67
Volume178,483 shs
Average Volume125,275 shs
Market Capitalization$58.15 million
P/E RatioN/A
Dividend Yield18.60%
Beta1.32
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
Net Margins-107.68%

Miscellaneous

EmployeesN/A
Market Cap$58.15 million
Next Earnings Date8/4/2020 (Estimated)
OptionableNot Optionable

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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?

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 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

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