PennantPark Floating Rate Capital Ltd. (PFLT)

NYSE: PFLT · Real-Time Price · USD
8.11
-0.06 (-0.73%)
At close: May 22, 2026, 4:00 PM EDT
8.21
+0.10 (1.23%)
After-hours: May 22, 2026, 7:17 PM EDT
Market Cap804.66M -9.2%
Revenue (ttm)268.53M +15.3%
Net Income61.97M -8.6%
EPS0.62 -27.2%
Shares Out 99.22M
PE Ratio13.01
Forward PE7.50
Dividend$1.23 (15.17%)
Ex-Dividend DateMay 15, 2026
Volume927,481
Open8.20
Previous Close8.17
Day's Range8.05 - 8.21
52-Week Range7.68 - 10.88
Beta0.78
AnalystsBuy
Price Target10.08 (+24.29%)
Earnings DateMay 7, 2026

About 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 connect... [Read more]

Sector Financials
Founded 2010
Country United States
Stock Exchange NYSE
Ticker Symbol PFLT
Full Company Profile

Financial Performance

In fiscal year 2025, PFLT's revenue was $261.43 million, an increase of 40.28% compared to the previous year's $186.36 million. Earnings were $66.37 million, a decrease of -27.74%.

Financial Statements

Analyst Summary

According to 7 analysts, the average rating for PFLT stock is "Buy." The 12-month stock price target is $10.08, which is an increase of 24.29% from the latest price.

Price Target
$10.08
(24.29% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PennantPark Floating Rate price target lowered to $9 from $10 at Truist

Truist lowered the firm’s price target on PennantPark Floating Rate (PFLT) to $9 from $10 and keeps a Buy rating on the shares as part of a broader research note…

6 days ago - TheFly

PennantPark Floating Rate Capital Q2 Earnings Call Highlights

PennantPark Floating Rate Capital NYSE: PFLT reported flat net asset value and continued low non-accruals for its second fiscal quarter of 2026, while management said it is resetting the company's div...

11 days ago - MarketBeat

PennantPark Floating Rate Capital Earnings Call Transcript: Q2 2026

Portfolio quality remains strong with non-accruals under 1% and NAV flat. Core net investment income was $0.27 per share, and a major equity co-investment in Echelon is expected to generate a 15x return. Dividend policy was reset to align with earnings.

17 days ago - Transcripts

PennantPark Floating Rate Capital Earnings release: Q2 2026

PennantPark Floating Rate Capital released its Q2 2026 earnings on May 8, 2026, summarizing the period's financial results.

17 days ago - Filings

PennantPark Floating Rate Capital Quarterly report: Q2 2026

PennantPark Floating Rate Capital has published its Q2 2026 quarterly earnings report on May 8, 2026.

17 days ago - Filings

PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Second Quarter Ended March 31, 2026

MIAMI, May 07, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) announced today its financial results for the second quarter ended March 31, 2026.

18 days ago - GlobeNewsWire

PennantPark Floating Rate Capital Slides: Investor presentation

PennantPark Floating Rate Capital has posted slides in relation to its latest quarterly earnings report, which was published on May 6, 2026.

19 days ago - Filings

PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share

MIAMI, May 04, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for May 2026 of $0.1025 per share, payable on June 1, 2026...

21 days ago - GlobeNewsWire

PennantPark Floating Rate price target lowered to $10 from $11 at Citizens

Citizens lowered the firm’s price target on PennantPark Floating Rate (PFLT) to $10 from $11 and keeps an Outperform rating on the shares. Q1 marks a pivotal quarter for Private…

4 weeks ago - TheFly

PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Second Fiscal Quarter 2026 Results

MIAMI, April 06, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) announced that it will report results for the second fiscal quarter ended March 31, 2026 o...

7 weeks ago - GlobeNewsWire

Private Credit Chaos Has Made These 11%+ BDCs Even Cheaper

This high-yield sector is being taken to the woodshed by the Wall Street spreadsheet jockeys this year.

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2 months ago - Forbes

PennantPark Floating Rate prices public offering of $200M 6.75% notes

PennantPark Floating Rate (PFLT) Capital has priced an underwritten public offering of $200M aggregate principal amount of its 6.75% notes due 2029. The Notes will mature on March 4, 2029…

3 months ago - TheFly

PennantPark Floating Rate Capital Ltd. Prices Public Offering of $200 Million 6.75% Notes

MIAMI, Feb. 26, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that it has priced an underwritten public offering of $200 million aggregat...

3 months ago - GlobeNewsWire

PennantPark Floating Rate Capital Ltd. Completes the Reset of a $356.5 Million Securitization, Substantially Reducing Borrowing Costs

MIAMI, Feb. 24, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that PennantPark CLO VIII, LLC, a wholly-owned and consolidated subsidiary ...

3 months ago - GlobeNewsWire

PennantPark Floating Rate price target lowered to $10 from $10.50 at Keefe Bruyette

Keefe Bruyette lowered the firm’s price target on PennantPark Floating Rate (PFLT) to $10 from $10.50 and keeps an Outperform rating on the shares.

3 months ago - TheFly

PennantPark Floating Rate price target lowered to $10.50 from $11.50 at Maxim

Maxim lowered the firm’s price target on PennantPark Floating Rate (PFLT) to $10.50 from $11.50 and keeps a Buy rating on the shares. The company’s net interest income below its…

3 months ago - TheFly

PennantPark Floating Rate Capital Earnings Call Transcript: Q1 2026

Core net investment income was $0.27 per share, with NAV declining 3.1% to $10.49. The new PSSL II joint venture ramped to $326 million, supporting future dividend coverage as M&A activity rebounds. Portfolio remains conservatively structured with low non-accruals and minimal software exposure.

3 months ago - Transcripts

PennantPark Floating Rate Capital Earnings release: Q1 2026

PennantPark Floating Rate Capital released its Q1 2026 earnings on February 10, 2026, summarizing the period's financial results.

3 months ago - Filings

PennantPark Floating Rate Capital Quarterly report: Q1 2026

PennantPark Floating Rate Capital has published its Q1 2026 quarterly earnings report on February 10, 2026.

3 months ago - Filings

PennantPark Floating Rate Capital Ltd. Announces Financial Results for the First Quarter Ended December 31, 2025

MIAMI, Feb. 09, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) announced today its financial results for the first quarter ended December 31, 2025.

3 months ago - GlobeNewsWire

PennantPark Floating Rate Capital Transcript: AGM 2026

The meeting was held virtually, confirming a quorum and electing two directors for three-year terms. Stockholders ratified the independent auditor for the next fiscal year, and no questions were raised during the Q&A session.

3 months ago - Transcripts

PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of First Fiscal Quarter 2026 Results

MIAMI, Jan. 06, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) announced that it will report results for the first fiscal quarter ended December 31, 2025 ...

4 months ago - GlobeNewsWire

3 ultra-high-yield stocks to consider for $300 of dividend income in 2026

Generating meaningful dividend income from modest capital requires disciplined stock selection and a clear mathematical framework. An allocation of $2,670 distributed equally across three carefully ve...

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5 months ago - Invezz

PennantPark Floating risk/reward favorable into 2026, says Keefe Bruyette

Keefe Bruyette views shares of PennantPark Floating Rate (PFLT) as a “holiday opportunity,” saying the stock’s risk/reward is favorable heading into 2026. The company offers less earnings downside rel...

5 months ago - TheFly

PennantPark Floating Rate Capital Proxy statement: Proxy Filing

PennantPark Floating Rate Capital filed a proxy statement on December 17, 2025, providing details for shareholder voting and corporate governance matters.

5 months ago - Filings