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

Portman Ridge Finance's stock was trading at $1.69 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PTMN shares have decreased by 48.4% and is now trading at $0.8722. View which stocks have been mosted impacted by Coronavirus.

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.

Portman Ridge Finance is scheduled to release its next quarterly earnings announcement on Friday, May 8th 2020. View our earnings forecast for Portman Ridge Finance.

Portman Ridge Finance Corp (NASDAQ:PTMN) announced its quarterly earnings data on Thursday, November, 7th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by $0.01. The firm had revenue of $7.08 million for the quarter. Portman Ridge Finance had a negative net margin of 47.18% and a positive return on equity of 2.16%. View Portman Ridge Finance's earnings history.

Portman Ridge Finance declared a quarterly dividend on Tuesday, March 17th. Stockholders of record on Thursday, May 7th will be paid a dividend of $0.06 per share on Wednesday, May 27th. This represents a $0.24 dividend on an annualized basis and a yield of 27.52%. The ex-dividend date of this dividend is Wednesday, May 6th. View Portman Ridge Finance's dividend history.

Press coverage about PTMN stock has been trending very negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Portman Ridge Finance earned a daily sentiment score of -3.3 on InfoTrie's scale. They also assigned news headlines 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 next several days. View the latest news aboutPortman Ridge Finance.

Some companies that are related to Portman Ridge Finance include Oaktree Strategic Income (OCSI), Stellus Capital Investment (SCM), Safeguard Scientifics (SFE), Allied Minds (ALLWF), THL Credit (TCRD), OFS Capital (OFS), Capitala Finance (CPTA), Elron Electronic Industries (ELRNF), 180 Degree Capital (TURN), InvestcorpCreditManagementBDCInc . (ICMB), CM Finance (CMFN), Rand Capital (RAND), Garrison Capital (GARS), Firsthand Technology Value Fund (SVVC) and Molori Energy (MOLOF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Portman Ridge Finance investors own include AGNC Investment (AGNC), Monroe Capital (MRCC), NY MTG TR INC/SH (NYMT), BlackRock TCP Capital (TCPC), THL Credit (TCRD), New Residential Investment (NRZ), Triplepoint Venture Growth BDC (TPVG), Capital Product Partners (CPLP), PennantPark Investment (PNNT) and Prospect Capital (PSEC).

Portman Ridge Finance trades on the NASDAQ under the ticker symbol "PTMN."

Portman Ridge Finance's stock is owned by a variety 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.

PTMN stock was sold by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., and Stifel Financial Corp. View insider buying and selling activity for Portman Ridge Finance.

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 activity for 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.

One share of PTMN stock can currently be purchased for approximately $0.87.

Portman Ridge Finance has a market capitalization of $39.12 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.  View additional information about Portman Ridge Finance.

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

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.