PennantPark Floating Rate Capital Ltd. (PFLT)
| Market Cap | 899.91M |
| Revenue (ttm) | 247.97M |
| Net Income (ttm) | 70.19M |
| Shares Out | 99.22M |
| EPS (ttm) | 0.81 |
| PE Ratio | 11.16 |
| Forward PE | 7.82 |
| Dividend | $1.23 (13.56%) |
| Ex-Dividend Date | Oct 15, 2025 |
| Volume | 970,167 |
| Open | 9.00 |
| Previous Close | 8.95 |
| Day's Range | 8.99 - 9.10 |
| 52-Week Range | 8.40 - 11.63 |
| Beta | 0.96 |
| Analysts | Buy |
| Price Target | 10.75 (+18.52%) |
| Earnings Date | Nov 24, 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... [Read more]
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%.
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for PFLT stock is "Buy." The 12-month stock price target is $10.75, which is an increase of 18.52% from the latest price.
News
PennantPark Floating Rate Capital: I'm Buying This ~13% Yield Now
PennantPark Floating Rate Capital trades at a steep discount (P/NAV 0.77x) with a 13.7% yield, reflecting sector-wide pressures. PFLT's focus on the core middle market allows for higher spreads and lo...
Dividend Power Dogs: 13 Ideal Safer October Stars
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The Riskiest BDCs Might Be The Ones You Trust
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PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Fourth Fiscal Quarter 2025 Results
MIAMI, Oct. 03, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) announced that it will report results for the fourth fiscal quarter ended September 30, 202...
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
MIAMI, Oct. 02, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for October 2025 of $0.1025 per share, payable on Novembe...
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PennantPark Floating Rate Capital Ltd. Announces Acquisition of $250 Million Asset Portfolio
MIAMI, Sept. 02, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that it has acquired a portfolio of approximately $250 million of assets, ...
PennantPark Floating Rate Capital: A Bet On Management's Execution (Rating Upgrade)
PennantPark Floating Rate Capital: A Bet On Management's Execution (Rating Upgrade)
PennantPark Floating Rate Capital (PFLT) Q3 2025 Earnings Call Transcript
PennantPark Floating Rate Capital (NYSE:PFLT) Q3 2025 Earnings Conference Call August 12, 2025 9:00 AM ET Company Participants Arthur Howard Penn - Founder, Chairman & CEO Richard Thomas Allorto - CF...
PennantPark Floating Rate Capital Ltd. Announces New Investment Venture with Hamilton Lane
MIAMI, Aug. 11, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) today announced that it has formed PennantPark Senior Secured Loan Fund II, LLC (“PSSL II”)...
PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Third Quarter Ended June 30, 2025
MIAMI, Aug. 11, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) announced today its financial results for the third fiscal quarter ended June 30, 2025.
PFLT: High Yield Under Pressure, But Valuation Looks Better
PFLT faces headwinds from the current environment, pressuring income and dividend coverage due to its floating-rate loan portfolio. With the latest quarterly results, we've seen the negative impact as...
June Readers Tagged 13 Ideal Dividend Dogs From 16 "Safer" Out Of 38 ReFa/Ro
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PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Third Fiscal Quarter 2025 Results
MIAMI, July 03, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) announced that it will report results for the third fiscal quarter ended June 30, 2025 on M...
31 June Ideal 'Safer' Monthly Paying Dividend Stocks And 80 Funds
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PennantPark Floating Rate Capital: Avoiding This Dividend Powerhouse Amid Declining NAV Concerns
Great dividend, weak stock. The 12% yield looks nice, but the stock and NAV have been slowly sliding for years. NAV keeps dropping. It is down 22% over 14 years and never really recovered. Q2 was not ...
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PennantPark Floating Rate Capital Ltd.'s Unconsolidated Joint Venture, PennantPark Senior Secured Loan Fund I LLC Completes the Reset of its $315.8 Million Securitization, Lowering the Cost of Financing
MIAMI BEACH, Fla., May 22, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that PennantPark Senior Secured Loan Fund I LLC (“PSSL”) through...
PennantPark Floating Rate Capital: Weak Q2 Earnings Warrants Caution (Rating Downgrade)
I am downgrading PFLT due to rising non-accruals, weaker earnings, increased debt, and questionable dividend coverage amid sector-wide headwinds. Despite trading at a discount to NAV and offering a hi...
PennantPark Floating Rate Capital: Sustainable High-Yield Case In A Volatile Environment
PFLT's share price has declined by almost 8% on a YTD basis. The Q1 2025 net investment figure has dropped below what is needed to cover the base dividend. The question is whether the share price drop...
PennantPark Floating Rate Capital (PFLT) Q2 2025 Earnings Call Transcript
PennantPark Floating Rate Capital (NYSE:PFLT) Q2 2025 Results Conference Call May 13, 2025 9:00 AM ET Company Participants Art Penn - Chairman and Chief Executive Officer Richard Allorto - Chief Fina...
PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Second Quarter Ended March 31, 2025
MIAMI, May 12, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) announced today its financial results for the second quarter ended March 31, 2025.