Portman Ridge Finance Corporation (PTMN)
| Market Cap | 179.12M |
| Revenue (ttm) | 76.32M |
| Net Income (ttm) | 11.38M |
| Shares Out | 9.34M |
| EPS (ttm) | 1.20 |
| PE Ratio | 15.98 |
| Forward PE | 6.62 |
| Dividend | $2.76 (14.39%) |
| Ex-Dividend Date | Mar 22, 2024 |
| Volume | 14,237 |
| Open | 19.02 |
| Previous Close | 18.94 |
| Day's Range | 19.02 - 19.30 |
| 52-Week Range | 16.27 - 21.20 |
| Beta | 0.95 |
| Analysts | Hold |
| Price Target | 20.00 (+4.28%) |
| Earnings Date | May 8, 2024 |
About PTMN
Portman Ridge Finance Corporation is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, mezzanine, buyout in middle market companies. It also makes acquisitions in businesses complementary to the firm's business. It primarily invests in healthcare, cargo transport, manufacturing, industrial & environmental services, logistics & distribution, media & telecommunications, real estate, education, automotive, agriculture, a... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for PTMN stock is "Hold." The 12-month stock price forecast is $20.0, which is an increase of 4.28% from the latest price.
News
Portman Ridge Finance Corporation Schedules First Quarter 2024 Earnings Release and Conference Call
NEW YORK, April 12, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (“Portman Ridge” or the “Company”) to release its financial results for the first quarter ended March 31, ...
Portman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial Results
Reports Strong Year-Over-Year Performance with Total Investment Income of $76.3 Million, an Increase of 9.6% and Net Investment Income of $34.8 Million
Portman Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (“Portman Ridge” or the “Company”) to release its financial results for the fourth quarter and full year en...
Portman Ridge Finance Corporation Announces Third Quarter 2023 Financial Results
Reports Strong Performance with Increases in Net Asset Value Per Share Quarter-over-Quarter, Core Investment Income and Net Investment Income Year-over-Year, While Also Continuing Share Repurchase Pro...
Portman Ridge Finance Corporation Schedules Third Quarter 2023 Earnings Release and Conference Call
NEW YORK, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (“Portman Ridge” or the “Company”) to release its financial results for the third quarter ended September 3...
Portman Ridge Finance Corporation Announces Second Quarter 2023 Financial Results
Reports Strong Performance with Elevated Total Investment Income, Core Investment Income and Net Investment Income Year-over-Year, While Also Continuing Share Repurchase Program in the Second Quarter ...
Portman Ridge Finance Corporation Schedules Second Quarter 2023 Earnings Release and Conference Call
NEW YORK, July 13, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) to release its financial results for the second quarter ended June 30, 2023, on Wednesday, ...
Portman Ridge Finance Corporation to Present at the LD Micro Invitational Conference on June 6
NEW YORK, June 01, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) today announced that its management team will be presenting at the LD Micro Invitational Co...
Portman Ridge Finance Corporation Announces First Quarter 2023 Financial Results
Reports Strong Performance with Higher Total Investment Income, Core Investment Income and Net Investment Income Quarter-over-Quarter, While Also Continuing Share Repurchase Program in the First Quart...
Portman Ridge Finance Corporation Schedules First Quarter 2023 Earnings Release and Conference Call
NEW YORK, April 17, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) to release its financial results for the first quarter ended March 31, 2023 on Wednesday, ...
Portman Ridge Finance Corporation Resumes Share Repurchases Under a New 10b5-1 Stock Trading Plan
NEW YORK, March 23, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) today announced that it has entered into a new Rule 10b5-1 stock trading plan to facilitat...
Portman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2022 Financial Results
Increased Core Investment Income, Further Diversified Portfolio, Reduced Non-Accruals, Lowered Cost of Capital and Continued Share Repurchase Program in Full Year 2022
Portman Ridge Finance Corporation Resumes Share Repurchases Under 10b5-1 Stock Trading Plan
NEW YORK--(BUSINESS WIRE)--Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) today announced that it has entered into a new Rule 10b5-1 stock trading plan to facilitate the repurchase...
Portman Ridge Finance Corporation Announces Third Quarter 2022 Financial Results
Reports Strong Performance with Elevated Total Investment Income, Core Investment Income and Net Investment Income Quarter-over-Quarter
Portman Ridge Finance Corporation Schedules Third Quarter 2022 Earnings Release and Conference Call
Call Scheduled for 9:00 am ET on Wednesday, November 9
Portman Ridge Finance Corporation to Present at the Sidoti Small Cap Virtual Conference on September 21st
NEW YORK, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) today announced that its management team will be presenting at the Sidoti Small Cap Virtua...
Portman Ridge Finance Corporation Announces Second Quarter 2022 Financial Results
Reports Strong Investment Activity and Lower Non-Accruals; Reduces Cost of Capital Maintains its Quarterly Distribution of $0.63 per Share
Portman Ridge Finance Corporation Schedules Second Quarter 2022 Earnings Release and Conference Call
Call Scheduled for 9:00 a.m. ET on Wednesday, August 10, 2022 Call Scheduled for 9:00 a.m. ET on Wednesday, August 10, 2022
Portman Ridge Finance Corporation Announces First Quarter 2022 Financial Results
Well Positioned to Further Improve Portfolio Performance and Increase Investment Income in 2022; Refinances JPMorgan Chase Bank (“JPM”) Credit Facility and Reduces Cost of Capital
Portman Ridge Finance Corporation Resumes Share Repurchase Under a New 10b5-1 Stock Trading Plan
NEW YORK, March 21, 2022 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) today announced that it has entered into a new Rule 10b5-1 stock trading plan to facilitat...
Portman Ridge Finance Corporation Announces Full Year 2021 Financial Results
Increases Quarterly Distribution to $0.63 Per Share Increases Quarterly Distribution to $0.63 Per Share
Portman Ridge Finance Corporation to Present at the Sidoti Virtual Small Cap Conference
NEW YORK, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) will participate in the Sidoti Virtual Small Cap Conference taking place on January 19-20, ...
Portman Ridge Finance Corporation Reports Third Quarter 2021 Earnings Results; Declares Quarterly Distribution of $0.62 Per Share
NEW YORK, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the third quarter ended Septem...
Portman Ridge Finance Corporation Schedules Third Quarter 2021 Earnings Release and Conference Call
Call Scheduled for 11:00 a.m. Eastern Time on Friday, November 5, 2021 Call Scheduled for 11:00 a.m. Eastern Time on Friday, November 5, 2021
Portman Ridge Finance Corporation Announces Completion of its Previously Announced 1-for-10 Reverse Stock Split
NEW YORK, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”, “Portman Ridge”, or “PTMN”) reported that its previously announced 1-for-10 reverse stock s...