NASDAQ:PFLT PennantPark Floating Rate Capital (PFLT) Stock Price, News & Analysis → Does this make you sick? (From Allegiance Gold) (Ad) Free PFLT Stock Alerts $11.38 -0.01 (-0.09%) (As of 03:52 PM ET) Add Compare Share Share Today's Range$11.35▼$11.4550-Day Range$11.07▼$11.5952-Week Range$9.69▼$12.63Volume597,723 shsAverage Volume763,396 shsMarket Capitalization$759.39 millionP/E Ratio7.69Dividend Yield10.81%Price Target$11.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsTrends Get PennantPark Floating Rate Capital alerts: Email Address PennantPark Floating Rate Capital MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside3.2% Upside$11.75 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$19,975 Bought Last QuarterProj. Earnings Growth-0.77%From $1.30 to $1.29 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.63 out of 5 starsFinance Sector831st out of 875 stocksInvestors, Not Elsewhere Classified Industry9th out of 15 stocks 1.3 Analyst's Opinion Consensus RatingPennantPark Floating Rate Capital has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoveragePennantPark Floating Rate Capital has only been the subject of 1 research reports in the past 90 days.Read more about PennantPark Floating Rate Capital's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PFLT. Previous Next 1.7 Dividend Strength Dividend LeadershipPennantPark Floating Rate Capital is a leading dividend payer. It pays a dividend yield of 10.80%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPennantPark Floating Rate Capital does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of PennantPark Floating Rate Capital is 83.11%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, PennantPark Floating Rate Capital will have a dividend payout ratio of 95.35% in the coming year. This indicates that PennantPark Floating Rate Capital may not be able to sustain their current dividend.Read more about PennantPark Floating Rate Capital's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PFLT. Previous Next 2.0 News and Social Media Coverage News SentimentPennantPark Floating Rate Capital has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for PennantPark Floating Rate Capital this week, compared to 1 article on an average week.Search Interest33 people have searched for PFLT on MarketBeat in the last 30 days. This is an increase of 10% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added PennantPark Floating Rate Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of -39% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PennantPark Floating Rate Capital insiders have bought more of their company's stock than they have sold. Specifically, they have bought $19,975.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.00% of the stock of PennantPark Floating Rate Capital is held by insiders.Percentage Held by InstitutionsOnly 19.77% of the stock of PennantPark Floating Rate Capital is held by institutions.Read more about PennantPark Floating Rate Capital's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for PennantPark Floating Rate Capital are expected to decrease by -0.77% in the coming year, from $1.30 to $1.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PennantPark Floating Rate Capital is 7.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.55.Price to Earnings Ratio vs. SectorThe P/E ratio of PennantPark Floating Rate Capital is 7.70, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 55.44.Price to Book Value per Share RatioPennantPark Floating Rate Capital has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about PennantPark Floating Rate Capital's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressElon Musk’s Final Masterpiece: “X-9840”The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just released the details on what he’s calling Elon’s Project X-9840. Click here to see the details because there’s not much time to prepare. About PennantPark Floating Rate Capital Stock (NASDAQ:PFLT)PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.Read More PFLT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PFLT Stock News HeadlinesMay 18, 2024 | insidertrades.comPennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) Director Jose A. Briones Acquires 1,740 SharesJune 2 at 7:33 AM | 247wallst.com6 Ultra High Yield Dividend Stocks That Pay Investors 10% and More MonthlyMay 26, 2024 | seekingalpha.comPennantPark Floating Rate Capital: A Solid 10.8% Yielding BDC Trading At A DiscountMay 24, 2024 | finance.yahoo.comPennantPark Floating Rate Capital Ltd. (PFLT)May 21, 2024 | finance.yahoo.comPennantPark Floating Rate Capital Ltd.’s Unconsolidated Joint Venture, PennantPark Senior Secured Loan Fund I LLC Completes the Refinancing of $300.7 Million CLO, Marking Continued Support of PennantPark’s Middle Market CLO PlatformMay 21, 2024 | globenewswire.comPennantPark Floating Rate Capital Ltd.'s Unconsolidated Joint Venture, PennantPark Senior Secured Loan Fund I LLC Completes the Refinancing of $300.7 Million CLO, Marking Continued Support of PennantPark's Middle Market CLO PlatformMay 16, 2024 | 247wallst.comWant $2000 Per Month In Passive Income? Invest $30,000 In These StocksMay 13, 2024 | seekingalpha.comPennantPark Floating Rate Capital: Q2 Proves Again That It Is One Of The Best BDCs Out ThereMay 10, 2024 | finance.yahoo.comPennantPark Floating Rate Capital Ltd Reports Solid Financial Performance for Q2 2024May 10, 2024 | msn.comPennantPark Floating Rate Capital Ltd. (NYSE:PFLT) Q2 2024 Earnings Call TranscriptMay 10, 2024 | uk.finance.yahoo.comQ2 2024 PennantPark Floating Rate Capital Ltd Earnings CallMay 8, 2024 | globenewswire.comPennantPark Floating Rate Capital Ltd. Announces Financial Results for the Quarter Ended March 31, 2024May 2, 2024 | globenewswire.comPennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per ShareMay 2, 2024 | fool.comTime to Pounce: 2 Ultra-High-Yield Monthly Dividend Stocks Begging to Be Bought in MayApril 29, 2024 | seekingalpha.comPennantPark Floating Rate Capital: A More Reliable Alternative To PNNTApril 23, 2024 | 247wallst.comWant $750 Per Month In Passive Income? Invest In These StocksApril 19, 2024 | markets.businessinsider.comKBW Keeps Their Hold Rating on Pennantpark $ (PFLT)April 9, 2024 | seekingalpha.comBetter Stock Than Its Sister: PennantPark Floating Rate CapitalApril 3, 2024 | globenewswire.comPennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Second Fiscal Quarter 2024 ResultsApril 2, 2024 | globenewswire.comPennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per ShareApril 1, 2024 | msn.comSPDR Barclays Investment Grade Floating Rate ETF declares monthly distribution of $0.1535March 21, 2024 | finance.yahoo.comPFLT Nov 2024 12.500 callMarch 7, 2024 | finance.yahoo.comPFLT Apr 2024 12.500 putMarch 4, 2024 | globenewswire.comPennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per ShareFebruary 26, 2024 | seekingalpha.comPennantPark Floating Rate Capital: Generating High Monthly IncomeSee More Headlines Receive PFLT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PennantPark Floating Rate Capital and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 5/1 Dividend4/12/2024Dividend Payable5/01/2024Last Earnings5/08/2024Ex-Dividend for 6/3 Dividend5/14/2024Today6/03/2024Dividend Payable6/03/2024Next Earnings (Estimated)8/14/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Investors, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:PFLT CUSIPN/A CIK1504619 Webwww.pennantpark.com Phone(212) 905-1000Fax212-905-1075EmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$11.75 High Stock Price Target$12.50 Low Stock Price Target$11.00 Potential Upside/Downside+3.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.48 Trailing P/E Ratio7.68 Forward P/E Ratio8.74 P/E GrowthN/ANet Income$39.26 million Net Margins55.99% Pretax Margin55.99% Return on Equity11.44% Return on Assets5.66% Debt Debt-to-Equity Ratio0.71 Current Ratio0.36 Quick Ratio0.36 Sales & Book Value Annual Sales$139.34 million Price / Sales5.44 Cash Flow$1.33 per share Price / Cash Flow8.52 Book Value$11.13 per share Price / Book1.02Miscellaneous Outstanding Shares66,730,000Free Float66,061,000Market Cap$758.05 million OptionableOptionable Beta1.65 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Arthur Howard Penn (Age 61)Founder, Chairman & CEO Mr. Richard Thomas Allorto Jr. (Age 52)CPA, CFO & Treasurer Mr. Jose A. Briones Jr. (Age 53)Partner & Director Mr. Matthew VisgilioManager of OperationsMr. Frank Galea C.F.A. (Age 56)Chief Compliance Officer Ms. Sarah de la VillaDirector of Human ResourcesMr. P. Whitridge Williams Jr.J.D., PartnerMr. Brian KendallSenior Vice PresidentMr. Boaz Magid (Age 46)MD, Head of Europe & CEO of PennantPark Europe, B.V. Mr. Scott C. McCabeMD & Head of Private Wealth Distribution at MiamiMore ExecutivesKey CompetitorsGolub Capital BDCNASDAQ:GBDCProspect CapitalNASDAQ:PSECSixth Street Specialty LendingNYSE:TSLXNew Mountain FinanceNASDAQ:NMFCCapital SouthwestNASDAQ:CSWCView All CompetitorsInsiders & InstitutionsVirtu Financial LLCBought 22,361 shares on 5/20/2024Ownership: 0.034%Tidal Investments LLCBought 4,700 shares on 5/17/2024Ownership: 0.129%Garner Asset Management CorpBought 18,044 shares on 5/17/2024Ownership: 0.027%Creekmur Asset Management LLCSold 4,516 shares on 5/17/2024Ownership: 0.009%Quadrature Capital LtdBought 43,800 shares on 5/15/2024Ownership: 0.066%View All Insider TransactionsView All Institutional Transactions PFLT Stock Analysis - Frequently Asked Questions Should I buy or sell PennantPark Floating Rate Capital stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PennantPark Floating Rate Capital in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PFLT shares. View PFLT analyst ratings or view top-rated stocks. What is PennantPark Floating Rate Capital's stock price target for 2024? 2 equities research analysts have issued 1 year price objectives for PennantPark Floating Rate Capital's stock. Their PFLT share price targets range from $11.00 to $12.50. On average, they predict the company's share price to reach $11.75 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price. View analysts price targets for PFLT or view top-rated stocks among Wall Street analysts. How have PFLT shares performed in 2024? PennantPark Floating Rate Capital's stock was trading at $12.10 at the beginning of 2024. Since then, PFLT shares have decreased by 5.9% and is now trading at $11.39. View the best growth stocks for 2024 here. When is PennantPark Floating Rate Capital's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024. View our PFLT earnings forecast. How were PennantPark Floating Rate Capital's earnings last quarter? PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) announced its quarterly earnings data on Wednesday, May, 8th. The asset manager reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.33 by $0.02. The asset manager earned $44.35 million during the quarter, compared to analysts' expectations of $40.24 million. PennantPark Floating Rate Capital had a trailing twelve-month return on equity of 11.44% and a net margin of 55.99%. How often does PennantPark Floating Rate Capital pay dividends? What is the dividend yield for PennantPark Floating Rate Capital? PennantPark Floating Rate Capital announced a monthly dividend on Thursday, May 2nd. Investors of record on Wednesday, May 15th will be given a dividend of $0.1025 per share on Monday, June 3rd. This represents a $1.23 dividend on an annualized basis and a yield of 10.80%. The ex-dividend date of this dividend is Tuesday, May 14th. Read our dividend analysis for PFLT. Is PennantPark Floating Rate Capital a good dividend stock? PennantPark Floating Rate Capital (NASDAQ:PFLT) pays an annual dividend of $1.23 per share and currently has a dividend yield of 10.80%. PFLT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 83.11%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, PFLT will have a dividend payout ratio of 95.35% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for PFLT. What ETFs hold PennantPark Floating Rate Capital's stock? ETFs with the largest weight of PennantPark Floating Rate Capital (NASDAQ:PFLT) stock in their portfolio include Sound Enhanced Fixed Income ETF (FXED), Sound Enhanced Fixed Income ETF (SDEF), Virtus Private Credit Strategy ETF (VPC), WHITEWOLF Publicly Listed Private Equity ETF (LBO) and VanEck BDC Income ETF (BIZD) and What other stocks do shareholders of PennantPark Floating Rate Capital own? Based on aggregate information from My MarketBeat watchlists, some companies that other PennantPark Floating Rate Capital investors own include AT&T (T), Altria Group (MO), Gladstone Capital (GLAD), Oxford Lane Capital (OXLC), Coca-Cola (KO), Gladstone Investment (GAIN), Main Street Capital (MAIN), Prospect Capital (PSEC), Enterprise Products Partners (EPD) and Virtus Global Dividend & Income Fund (ZTR). Who are PennantPark Floating Rate Capital's major shareholders? PennantPark Floating Rate Capital's stock is owned by many different retail and institutional investors. Top institutional shareholders include Sound Income Strategies LLC (5.59%), Van ECK Associates Corp (1.87%), Advisors Asset Management Inc. (0.42%), Prevail Innovative Wealth Advisors LLC (0.37%), PFG Advisors (0.18%) and PFG Investments LLC (0.17%). View institutional ownership trends. How do I buy shares of PennantPark Floating Rate Capital? Shares of PFLT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:PFLT) was last updated on 6/3/2024 by MarketBeat.com Staff From Our PartnersAlert: Your Bank is Dying – Act Now or Lose Everything!Priority GoldDoes this make you sick?Allegiance GoldThe Only Energy Play You Should Be Looking AtWealthpin ProShocking $16T Elon Musk Crypto LeakCrypto 101 MediaNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemWeiss RatingsBiden replacement revealed?Paradigm PressHistoric Crash Could Wipe Away Your 401k (Govt Debt Explosion)Birch Gold[Webinar] Understanding Covered CallsOIC Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding PennantPark Floating Rate Capital Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. 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