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

$2.31
+0.01 (+0.43 %)
(As of 01/22/2020 09:26 AM ET)
Today's Range
$2.28
Now: $2.31
$2.32
50-Day Range
$2.03
MA: $2.15
$2.31
52-Week Range
$1.99
Now: $2.31
$3.80
Volume183,706 shs
Average Volume152,533 shs
Market Capitalization$86.32 million
P/E RatioN/A
Dividend Yield10.44%
Beta0.69
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$0.10 per share
Book Value$4.23 per share

Profitability

Net Income$-9,570,000.00
Net Margins-108.42%

Miscellaneous

EmployeesN/A
Market Cap$86.32 million
Next Earnings Date2/25/2020 (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 declared a quarterly dividend on Tuesday, November 5th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.06 per share on Friday, November 29th. This represents a $0.24 annualized dividend and a yield of 10.39%. The ex-dividend date is Thursday, November 14th. View Portman Ridge Finance's Dividend History.

How were Portman Ridge Finance's earnings last quarter?

Portman Ridge Finance Corp (NASDAQ:PTMN) announced its earnings results on Thursday, November, 7th. The company reported $0.06 earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by $0.01. The company had revenue of $7.08 million for the quarter. Portman Ridge Finance had a positive return on equity of 2.08% and a negative net margin of 108.42%. 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, February 25th 2020. View Earnings Estimates for Portman Ridge Finance.

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?

Press coverage about PTMN stock has been trending negative recently, according to InfoTrie. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. 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 -2.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Portman Ridge Finance.

Are investors shorting Portman Ridge Finance?

Portman Ridge Finance saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 89,500 shares, a decline of 46.6% from the December 15th total of 167,500 shares. Based on an average daily volume of 135,000 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the shares of the company 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Portman Ridge Finance investors own include Ares Capital (ARCC), Garrison Capital (GARS), KCAP Financial (KCAP), Monroe Capital (MRCC), Oxford Square Capital (OXSQ), BlackRock TCP Capital (TCPC), THL Credit (TCRD), Triplepoint Venture Growth BDC (TPVG), AGNC Investment (AGNC) and TCG BDC (CGBD).

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 institutional and retail investors. Top institutional investors include Diversified Trust Co (0.79%), Eidelman Virant Capital (0.35%) and Altium Wealth Management LLC (0.08%). 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 major investors are buying Portman Ridge Finance stock?

PTMN stock was acquired by a variety of institutional investors in the last quarter, including Eidelman Virant Capital, Altium Wealth Management LLC and Diversified Trust Co. 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 $2.31.

How big of a company is Portman Ridge Finance?

Portman Ridge Finance has a market capitalization of $86.32 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:  1.5 out of 5 (star half star)
Outperform Votes:  16 (Vote Outperform)
Underperform Votes:  39 (Vote Underperform)
Total Votes:  55
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 1/22/2020 by MarketBeat.com Staff

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