PennantPark Floating Rate Capital Ltd. (PFLT)
Market Cap | 703.79M |
Revenue (ttm) | 145.97M |
Net Income (ttm) | 63.35M |
Shares Out | 61.63M |
EPS (ttm) | 1.18 |
PE Ratio | 9.66 |
Forward PE | 8.77 |
Dividend | $1.23 (10.77%) |
Ex-Dividend Date | Apr 12, 2024 |
Volume | 366,558 |
Open | 11.45 |
Previous Close | 11.52 |
Day's Range | 11.33 - 11.48 |
52-Week Range | 9.69 - 12.63 |
Beta | 1.67 |
Analysts | Buy |
Price Target | 11.75 (+2.89%) |
Earnings Date | May 8, 2024 |
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 2023, PFLT's revenue was $139.34 million, an increase of 32.09% compared to the previous year's $105.49 million. Earnings were $39.26 million, an increase of 1037.01%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for PFLT stock is "Buy." The 12-month stock price forecast is $11.75, which is an increase of 2.89% from the latest price.
News
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Second Fiscal Quarter 2024 Results
MIAMI, April 03, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE:PFLT) announced that it will report results for the second fiscal quarter ended Mar...
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
MIAMI, April 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for April 2024 of $0.1025 per share, payabl...
PennantPark Floating Rate Capital Ltd. Completes CLO, Marking Continued Growth in PennantPark's CLO Platform
MIAMI, Feb. 22, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that it completed a $350.55 million term debt securitization transaction wi...
PennantPark Floating Rate Capital Ltd. Announces Financial Results for the First Quarter Ended December 31, 2023
MIAMI, Feb. 07, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE: PFLT) announced today its financial results for the first quarter ended December 31, 2023.
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of First Fiscal Quarter 2024 Results
MIAMI, Jan. 04, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE:PFLT) announced that it will report results for the first fiscal quarter ended Decemb...
PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2023
MIAMI, Nov. 15, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE: PFLT) announced today financial results for the fourth quarter and fiscal year ended September 30, 2...
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Fourth Fiscal Quarter 2023 Results
MIAMI, Oct. 13, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE:PFLT) announced that it will report results for the fourth fiscal quarter ended Septe...
PennantPark Floating Rate Capital Ltd. Announces Its Financial Results for the Quarter Ended June 30, 2023
MIAMI, Aug. 09, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE: PFLT) announced today its financial results for the third quarter ended June 30, 2023.
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Third Fiscal Quarter 2023 Results
MIAMI, July 06, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE:PFLT) announced that it will report results for the third fiscal quarter ended June 3...
PennantPark Floating Rate Capital Ltd. Announces 2.5% Increase of Its Monthly Distribution to $0.1025 Per Share and Financial Results for the Quarter Ended March 31, 2023
MIAMI, May 10, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE: PFLT) announced today its financial results for the second quarter ended March 31, 2023.
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.10 per Share
MIAMI, May 02, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for May 2023 of $0.10 per share, payable on J...
PennantPark Floating Rate Capital Ltd.'s Unconsolidated Joint Venture, PennantPark Senior Secured Loan Fund I, LLC Completes $297.8 Million CLO, Marking Continued Growth in PennantPark's Middle Market CLO Platform with Six CLOs Under Management
MIAMI, April 13, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) (TASE: PFLT) today announced that PennantPark Senior Secured Loan Fund I, LLC (“PSSL”) thr...
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Second Fiscal Quarter 2023 Results
MIAMI, April 05, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE:PFLT) announced that it will report results for the second fiscal quarter ended Marc...
PennantPark Floating Rate Capital Ltd. Announces 5.3% Increase of Its Monthly Distribution to $0.10 per Share and Financial Results for the Quarter Ended December 31, 2022
MIAMI, Feb. 08, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE: PFLT) announced today financial results for the first fiscal quarter ended December 31, 2022.
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.095 per Share
MIAMI, Feb. 02, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for February 2023 of $0.095 per share, payab...
PennantPark Floating Rate Capital Ltd. Announces Pricing of Public Offering of Common Stock
MIAMI, Jan. 23, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE: PFLT), a business development company (the “Company”), today announced that it has entered into an a...
PennantPark Floating Rate Capital Ltd. Announces Public Offering of Common Stock
MIAMI, Jan. 23, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) (TASE: PFLT) today announced that it has commenced an underwritten primary offering of 4,25...
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of First Fiscal Quarter 2023 Results
MIAMI, Jan. 05, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE:PFLT) announced that it will report results for the first fiscal quarter ended Decemb...
PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2022
MIAMI, Nov. 16, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE: PFLT) announced today financial results for the fourth quarter and fiscal year ended September 30, 2...
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Fourth Fiscal Quarter 2022 Results
MIAMI, Oct. 21, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE:PFLT) announced that it will report results for the fourth fiscal quarter ended Septe...
PennantPark Floating Rate Capital Ltd. Upsizes Credit Facility to $366 Million
MIAMI, Sept. 21, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) (TASE: PFLT) announced that it increased the size of its multi-currency, senior secured cr...
PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Quarter Ended June 30, 2022
MIAMI, Aug. 03, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE: PFLT) announced today financial results for the third fiscal quarter ended June 30, 2022.
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Third Fiscal Quarter 2022 Results
MIAMI, July 06, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE:PFLT) announced that it will report results for the third fiscal quarter ended June 3...
PennantPark Floating Rate Capital Ltd. Appoints Senior Partner of PennantPark to Its Board of Directors
MIAMI, May 06, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) (TASE: PFLT) announced today the appointment of Mr. José A. Briones, Jr. to the Company's Bo...
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Second Fiscal Quarter 2022 Results
NEW YORK, April 04, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE:PFLT) announced that it will report results for the second fiscal quarter ended...