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Pennantpark Floating Rate Capit (PFLT)
NYSE:PFLT
Pennantpark $ (PFLT) Stock Price & Analysis
1,103 Followers
PFLT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.10 - $12.08
Previous Close$11.28
Volume1.64M
Average Volume (3M)778.80K
Market Cap
$752.69M
Enterprise Value$937.78M
Total Cash (Recent Filing)$75.83M
Total Debt (Recent Filing)$260.92M
Price to Earnings (P/E)7.6
Beta0.74
Next Earnings
Aug 07, 2024EPS Estimate
$0.32Last Dividend Ex-Date
May 14, 2024Dividend Yield10.86%
Share Statistics
EPS (TTM)1.48
Shares Outstanding66,728,138
10 Day Avg. Volume1,448,137
30 Day Avg. Volume778,797
Standard Deviation0.12
R-Squared0.52
Alpha-0.00273
Financial Highlights & Ratios
Price to Book (P/B)1.14
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-1.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue17.93
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda-80.76
Forecast
1Y Price Target
$12.00Price Target Upside6.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Pennantpark $ News
PremiumPre-Earnings
Is PFLT a Buy, Before Earnings?PremiumCompany Announcements
PennantPark Announces New Monthly Distribution Event
PremiumCompany Announcements
PennantPark Anticipates Q2 Earnings with Cautionary Note
PremiumCompany Announcements
PennantPark Announces Monthly Distribution with Cautions
PremiumCompany Announcements
PennantPark Announces New Monthly Distribution DetailsBulls Say, Bears Say
Bulls Say
Credit QualityPFLT has a solid historical credit quality record, with annual losses significantly lower than non-accruals.
Dividend CoverageF2Q24 core net investment income covered PFLT's quarterly dividend, indicating financial stability and consistent earnings.
Growth StrategyThe company has a clear strategy for growth, including increasing leverage, rotating equity investments into debt instruments, and expanding its senior loan fund.
Bears Say
Financial PerformanceNII and core NII are expected to be slightly down from the previous quarter.
Investment Portfolio PerformanceA slight decrease in yield on PFLT's investment portfolio could impact future earnings.
Stock ValuationPFLT shares are trading at a premium to net asset value compared to peers, suggesting limited growth potential.
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Ownership Overview
1.41% Insiders
0.19% Mutual Funds
14.52% Other Institutional Investors
83.88% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PFLT FAQ
What was Pennantpark Floating Rate Capit’s price range in the past 12 months?
Pennantpark Floating Rate Capit lowest stock price was $9.10 and its highest was $12.08 in the past 12 months.
What is Pennantpark Floating Rate Capit’s market cap?
Currently, no data Available
When is Pennantpark Floating Rate Capit’s upcoming earnings report date?
Pennantpark Floating Rate Capit’s upcoming earnings report date is Aug 07, 2024 which is in 80 days.
How were Pennantpark Floating Rate Capit’s earnings last quarter?
Pennantpark Floating Rate Capit released its earnings results on May 08, 2024. The company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.322 by -$0.012.
Is Pennantpark Floating Rate Capit overvalued?
According to Wall Street analysts Pennantpark Floating Rate Capit’s price is currently Undervalued.
Does Pennantpark Floating Rate Capit pay dividends?
Pennantpark Floating Rate Capit pays a Monthly dividend of $0.1 which represents an annual dividend yield of 10.86%. See more information on Pennantpark Floating Rate Capit dividends here
What is Pennantpark Floating Rate Capit’s EPS estimate?
Pennantpark Floating Rate Capit’s EPS estimate is $0.32.
How many shares outstanding does Pennantpark Floating Rate Capit have?
Pennantpark Floating Rate Capit has 66,728,140 shares outstanding.
What happened to Pennantpark Floating Rate Capit’s price movement after its last earnings report?
Pennantpark Floating Rate Capit reported an EPS of $0.31 in its last earnings report, missing expectations of $0.322. Following the earnings report the stock price went down -1.044%.
Which hedge fund is a major shareholder of Pennantpark Floating Rate Capit?
Among the largest hedge funds holding Pennantpark Floating Rate Capit’s share is EntryPoint Capital, LLC. It holds Pennantpark Floating Rate Capit’s shares valued at 15K.
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Pennantpark $ Stock Smart Score
Neutral
1
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$12.00 (6.38% Upside)
$12.00 (6.38% Upside)
Blogger Sentiment
Bullish
PFLT Sentiment 75%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 1.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.81%
12-Months-Change
Fundamentals
Return on Equity
13.68%
Trailing 12-Months
Asset Growth
31.97%
Trailing 12-Months
Company Description
Pennantpark Floating Rate Capit
PennantPark Floating Rate Capital Ltd. is a closed-end, externally managed, non-diversified investment company. It invests primarily in loans bearing a variable-rate of interest or floating rate loans, and other investments made to U.S. middle-market companies. The company was founded by Arthur Howard Penn on October 28, 2010 and is headquartered in New York, NY.
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PFLT Earnings Call
Q2 2024
0:00 / 0:00
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PFLT Stock 12 Month Forecast
Average Price Target
$12.00
▲(6.38% Upside)
Technical Analysis
Best Analysts Covering PFLT
1 Year
1 Year Success Rate
4/6 ratings generated profit
1 Year Average Return
+8.47%
reiterated a buy rating 10 days ago
Copying Mark Hughes's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +8.47% per trade.
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