PennantPark Floating Rate Capital Ltd. (PFLT)

Market Cap	888.90M
Revenue (ttm)	186.36M
Net Income (ttm)	91.84M
Shares Out	83.23M
EPS (ttm)	1.40
PE Ratio	7.64
Forward PE	8.50
Dividend	$1.23 (11.52%)
Ex-Dividend Date	Dec 16, 2024

Volume	1,115,233
Open	10.69
Previous Close	10.71
Day's Range	10.56 - 10.79
52-Week Range	10.28 - 12.63
Beta	1.65
Analysts	Strong Buy
Price Target	12.00 (+12.36%)
Earnings Date	Feb 5, 2025

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...

• Industry: Asset Management
• Sector: Financials
• Founded: 2010
• Country: United States
• Stock Exchange: NYSE
• Ticker Symbol: PFLT
• Website: https://pflt.pennantpark.com

Financial Performance

In 2024, PFLT's revenue was $186.36 million, an increase of 33.74% compared to the previous year's $139.34 million. Earnings were $91.84 million, an increase of 133.92%.

Analyst Forecast

According to 2 analysts, the average rating for PFLT stock is "Strong Buy." The 12-month stock price forecast is $12.0, which is an increase of 12.36% from the latest price.

Price Target

$12.0

(12.36% upside)

Analyst Consensus: Strong Buy