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.
Industry, Sector and Symbol
Industry Investors, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CIKN/A
Phone212-891-2880
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$27.09 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date11/5/2019 (Estimated)
OptionableNot Optionable
Portman Ridge Finance (NASDAQ:PTMN) Frequently Asked Questions
What is Portman Ridge Finance's stock symbol?
Portman Ridge Finance trades on the NASDAQ under the ticker symbol "PTMN."
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, August 6th. Stockholders of record on Monday, August 12th will be given a dividend of $0.06 per share on Thursday, August 29th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 10.91%. The ex-dividend date of this dividend is Friday, August 9th. View Portman Ridge Finance's Dividend History.
How were Portman Ridge Finance's earnings last quarter?
Portman Ridge Finance Corp (NASDAQ:PTMN) issued its earnings results on Tuesday, August, 6th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.06 by $0.04. The business earned $6.91 million during the quarter. Portman Ridge Finance had a positive return on equity of 2.41% and a negative net margin of 86.64%. View Portman Ridge Finance's Earnings History.
When is Portman Ridge Finance's next earnings date?
Has Portman Ridge Finance been receiving favorable news coverage?
Media coverage about PTMN stock has been trending positive recently, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Portman Ridge Finance earned a news sentiment score of 2.5 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the next several days. View News Stories for Portman Ridge Finance.
Are investors shorting Portman Ridge Finance?
Portman Ridge Finance saw a drop in short interest in July. As of July 31st, there was short interest totalling 140,900 shares, a drop of 19.8% from the June 30th total of 175,600 shares. Based on an average trading volume of 106,000 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.4% of the shares of the stock are sold short. View Portman Ridge Finance's Current Options Chain.
Who are some of Portman Ridge Finance's key competitors?
Some companies that are related to Portman Ridge Finance include Safeguard Scientifics (SFE), Stellus Capital Investment (SCM), Oaktree Strategic Income (OCSI), THL Credit (TCRD), Arlington Asset Investment (AI), Allied Minds (ALLWF), OFS Capital (OFS), KCAP Financial (KCAP), Capitala Finance (CPTA), Garrison Capital (GARS), CM Finance (CMFN), 180 Degree Capital (TURN), Firsthand Technology Value Fund (SVVC), Elron Electronic Industries (ELRNF) and OHA Investment (OHAI).
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 folowing people:
- Ted Goldthorpe, President, Chief Executive Officer & Director
- Edward U. Gilpin, Chief Financial Officer, Secretary & Treasurer
- Daniel P. Gilligan, Chief Compliance Officer
Who are Portman Ridge Finance's major shareholders?
Portman Ridge Finance's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Callodine Capital Management LP (4.10%), Virtus ETF Advisers LLC (2.00%), Confluence Investment Management LLC (0.91%), Diversified Trust Co (0.75%), Thoroughbred Financial Services LLC (0.15%) and Independent Advisor Alliance (0.12%). View Institutional Ownership Trends 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 Callodine Capital Management LP, Virtus ETF Advisers LLC, Confluence Investment Management LLC, Diversified Trust Co, Thoroughbred Financial Services LLC, Independent Advisor Alliance, Creative Planning and Morgan Stanley. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Portman Ridge Finance's stock price today?
One share of PTMN stock can currently be purchased for approximately $2.20.
How big of a company is Portman Ridge Finance?
Portman Ridge Finance has a market capitalization of $82.19 million and generates $27.09 million in revenue each year. The company earns $-9,570,000.00 in net income (profit) each year or $0.27 on an earnings per share basis. View Additional Information About Portman Ridge Finance.
What is Portman Ridge Finance's official website?
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.
MarketBeat Community Rating for Portman Ridge Finance (NASDAQ PTMN)
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.
