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 Date2/25/2020 (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 Wednesday, February 5th. Stockholders of record on Tuesday, February 18th will be paid a dividend of $0.06 per share on Friday, February 28th. This represents a $0.24 annualized dividend and a dividend yield of 10.91%. The ex-dividend date of this dividend is Friday, February 14th. View Portman Ridge Finance's Dividend History.
How were Portman Ridge Finance's earnings last quarter?
Portman Ridge Finance Corp (NASDAQ:PTMN) released its earnings results on Thursday, November, 7th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.07 by $0.01. The business earned $7.08 million during the quarter. Portman Ridge Finance had a negative net margin of 108.42% and a positive return on equity of 2.08%. View Portman Ridge Finance's Earnings History.
When is Portman Ridge Finance's next earnings date?
What is the consensus analysts' recommendation for 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.
Has Portman Ridge Finance been receiving favorable news coverage?
Headlines about PTMN stock have trended very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Portman Ridge Finance earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Portman Ridge Finance.
Are investors shorting Portman Ridge Finance?
Portman Ridge Finance saw a drop in short interest in the month of January. As of January 15th, there was short interest totalling 89,500 shares, a drop of 46.6% from the December 31st total of 167,500 shares. Based on an average trading volume of 136,400 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.3% of the company's stock are short sold. 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 Stellus Capital Investment (SCM), Oaktree Strategic Income (OCSI), Arlington Asset Investment (AI), Safeguard Scientifics (SFE), THL Credit (TCRD), Capitala Finance (CPTA), OFS Capital (OFS), Allied Minds (ALLWF), InvestcorpCreditManagementBDCInc . (ICMB), Garrison Capital (GARS), CM Finance (CMFN), 180 Degree Capital (TURN), Elron Electronic Industries (ELRNF), Firsthand Technology Value Fund (SVVC) 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 many different of retail and institutional investors. Top institutional investors include Punch & Associates Investment Management Inc. (2.98%), Virtus ETF Advisers LLC (2.73%), UBS Group AG (1.90%), Advisors Asset Management Inc. (1.27%), Diversified Trust Co (0.79%) and Southside Capital LLC (0.55%). 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 institutional investors are selling Portman Ridge Finance stock?
Which institutional investors are buying Portman Ridge Finance stock?
PTMN stock was acquired by a variety of institutional investors in the last quarter, including Southside Capital LLC, Deltec Asset Management LLC, Rivernorth Capital Management LLC, TCW Group Inc., Eidelman Virant Capital, Punch & Associates Investment Management Inc., Virtus ETF Advisers LLC and UBS Group AG. 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 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 $2.20.
How big of a company is Portman Ridge Finance?
Portman Ridge Finance has a market capitalization of $82.22 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.
