11.50
1.05%
+0.12
Pre-market:
11.50
PennantPark Floating Rate Capital Ltd. stock is currently priced at $11.50, with a 24-hour trading volume of 579.21K.
It has seen a +1.05% increased in the last 24 hours and a +2.22% rose in the past month.
The chart indicates a potential bullish trend, as the stock is above the $11.37 pivot point. If it approaches the $11.59 resistance level, significant changes may occur.
Previous Close:
$11.38
Open:
$11.43
24h Volume:
579.21K
Market Cap:
$708.72M
Revenue:
$65.91M
Net Income/Loss:
$63.35M
P/E Ratio:
-95.83
EPS:
-0.12
Net Cash Flow:
$-47.64M
1W Performance:
+0.44%
1M Performance:
+2.22%
6M Performance:
+7.48%
1Y Performance:
+8.29%
PennantPark Floating Rate Capital Ltd. Stock (PFLT) Company Profile
Name
PennantPark Floating Rate Capital Ltd.
Sector
Industry
Phone
212-905-1000
Address
1691 Michigan Avenue, Miami Beach
PennantPark Floating Rate Capital Ltd. Stock (PFLT) Upgrades & Downgrades
Date | Action | Analyst | Rating Change |
---|---|---|---|
Jun-08-23 | Initiated | UBS | Neutral |
Jul-09-21 | Initiated | Oppenheimer | Perform |
Mar-25-20 | Downgrade | Maxim Group | Buy → Hold |
May-13-19 | Downgrade | Ladenburg Thalmann | Buy → Neutral |
May-09-19 | Downgrade | Keefe Bruyette | Outperform → Mkt Perform |
Nov-16-18 | Upgrade | Ladenburg Thalmann | Neutral → Buy |
May-14-18 | Downgrade | Ladenburg Thalmann | Buy → Neutral |
May-11-17 | Upgrade | Ladenburg Thalmann | Neutral → Buy |
May-10-17 | Upgrade | Keefe Bruyette | Mkt Perform → Outperform |
Mar-10-17 | Initiated | SunTrust | Buy |
Nov-25-16 | Reiterated | Maxim Group | Buy |
Nov-16-15 | Reiterated | Maxim Group | Buy |
May-11-15 | Downgrade | Ladenburg Thalmann | Buy → Neutral |
Feb-05-13 | Initiated | Maxim Group | Buy |
Oct-04-12 | Initiated | Ladenburg Thalmann | Buy |
View All
PennantPark Floating Rate Capital Ltd. Stock (PFLT) Latest News
Fidus Investment: Dividend Is Covered With Large Margin Of Safety
Seeking Alpha
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
GlobeNewswire Inc.
Blue Owl Capital Inc. (OWL) Q1 Earnings and Revenues Beat Estimates
Zacks Investment Research
Time to Pounce: 2 Ultra-High-Yield Monthly Dividend Stocks Begging to Be Bought in May
The Motley Fool
PennantPark Floating Rate Capital: A More Reliable Alternative To PNNT
Seeking Alpha
T. Rowe Price (TROW) Q1 Earnings and Revenues Beat Estimates
Zacks Investment Research
PennantPark Floating Rate Capital Ltd. Stock (PFLT) Financials Data
PennantPark Floating Rate Capital Ltd. (PFLT) Revenue 2024
PFLT reported a revenue (TTM) of $65.91 million for the quarter ending December 31, 2023, a +1,484% rise year-over-year.
PennantPark Floating Rate Capital Ltd. (PFLT) Net Income 2024
PFLT net income (TTM) was $63.35 million for the quarter ending December 31, 2023, a +602.95% increase year-over-year.
PennantPark Floating Rate Capital Ltd. (PFLT) Cash Flow 2024
PFLT recorded a free cash flow (TTM) of -$47.64 million for the quarter ending December 31, 2023, a -213.19% decrease year-over-year.
PennantPark Floating Rate Capital Ltd. (PFLT) Earnings per Share 2024
PFLT earnings per share (TTM) was $1.12 for the quarter ending December 31, 2023, a +450.00% growth year-over-year.
About PennantPark Floating Rate Capital Ltd.
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.
Cap:
|
Volume (24h):