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NASDAQ:PTMNPortman Ridge Finance Stock Price, Forecast & News

$1.09
+0.01 (+0.93 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$1.09
Now: $1.09
$1.12
50-Day Range
$1.02
MA: $1.21
$1.37
52-Week Range
$0.75
Now: $1.09
$2.50
Volume47,353 shs
Average Volume158,080 shs
Market Capitalization$48.76 million
P/E RatioN/A
Dividend Yield22.02%
Beta1.31
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: 1.3Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.72 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$48.76 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 COVID-19 reached pandemic status according to the World Health Organization. Since then, PTMN stock has decreased by 35.5% and is now trading at $1.09. 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) posted its earnings results on Wednesday, May, 6th. The company reported $0.06 earnings per share (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 negative net margin of 107.68% and a positive return on equity of 5.90%. 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 Tuesday, March 17th. Stockholders 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 22.02%. The ex-dividend date is Wednesday, May 6th. View Portman Ridge Finance's dividend history.

Has Portman Ridge Finance been receiving favorable news coverage?

Media stories about PTMN stock have been trending negative recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by analyzing 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 closest to five being the most favorable. Portman Ridge Finance earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Portman 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."

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 $1.09.

How big of a company is Portman Ridge Finance?

Portman Ridge Finance has a market capitalization of $48.76 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 7/6/2020 by MarketBeat.com Staff

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