NASDAQ:PTMN - Portman Ridge Finance Stock Price, News & Analysis

$2.20
-0.08 (-3.51 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$2.10
Now: $2.20
$2.28
50-Day Range
$2.22
MA: $2.36
$2.48
52-Week Range
$2.10
Now: $2.20
$3.80
Volume254,100 shs
Average Volume109,131 shs
Market Capitalization$82.19 million
P/E Ratio23.00
Dividend Yield10.44%
Beta0.74
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
Current SymbolNASDAQ:PTMN
CUSIPN/A
CIKN/A
Phone212-891-2880

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$27.09 million
Cash Flow$0.0955 per share
Book Value$3.73 per share

Profitability

Net Income$-9,570,000.00

Miscellaneous

EmployeesN/A
Market Cap$82.19 million
Next Earnings Date11/5/2019 (Estimated)
OptionableNot Optionable

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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 announced 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 annualized dividend 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) released its quarterly earnings data on Tuesday, August, 6th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.06 by $0.04. The business earned $6.91 million during the quarter. Portman Ridge Finance had a negative net margin of 86.64% and a positive return on equity of 2.41%. View Portman Ridge Finance's Earnings History.

When is Portman Ridge Finance's next earnings date?

Portman Ridge Finance is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Portman Ridge Finance.

Has Portman Ridge Finance been receiving favorable news coverage?

Media coverage about PTMN stock has been trending negative this week, InfoTrie reports. InfoTrie identifies negative and positive press 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 positive five, with scores closest to five being the most favorable. Portman Ridge Finance earned a news impact score of -2.3 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Portman Ridge Finance.

Are investors shorting Portman Ridge Finance?

Portman Ridge Finance saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 140,900 shares, a decrease of 19.8% from the June 30th total of 175,600 shares. Based on an average trading volume of 106,000 shares, the short-interest ratio is presently 1.3 days. Approximately 0.4% of the company's shares are short sold. View Portman Ridge Finance's Current Options Chain.

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 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 number 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 purchased 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?

The official website for Portman Ridge Finance is http://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.


MarketBeat Community Rating for Portman Ridge Finance (NASDAQ PTMN)

Community Ranking:  1.2 out of 5 (star)
Outperform Votes:  7 (Vote Outperform)
Underperform Votes:  21 (Vote Underperform)
Total Votes:  28
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.
This page was last updated on 8/17/2019 by MarketBeat.com Staff

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