PennantPark Floating Rate Capital Ltd. (PFLT)

NYSE: PFLT · IEX Real-Time Price · USD
11.40
0.00 (0.00%)
At close: Jul 19, 2024, 4:00 PM
11.54
+0.13 (1.18%)
After-hours: Jul 19, 2024, 7:50 PM EDT
0.00%
Market Cap 820.78M
Revenue (ttm) 155.77M
Net Income (ttm) 87.22M
Shares Out 72.00M
EPS (ttm) 1.54
PE Ratio 7.40
Forward PE 8.73
Dividend $1.23 (10.79%)
Ex-Dividend Date Jul 15, 2024
Volume 397,352
Open 11.49
Previous Close 11.40
Day's Range 11.39 - 11.49
52-Week Range 9.69 - 12.63
Beta 1.67
Analysts Buy
Price Target 12.50 (+9.65%)
Earnings Date Aug 7, 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]

Sector Financials
CEO Arthur Howard Penn
Country United States
Stock Exchange NYSE
Ticker Symbol PFLT
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for PFLT stock is "Buy" and the 12-month stock price forecast is $12.5.

Price Target
$12.5
(9.65% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Third Fiscal Quarter 2024 Results

MIAMI, July 03, 2024 (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, 2024 on W...

17 days ago - GlobeNewsWire

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

MIAMI, July 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for July 2024 of $0.1025 per share, payable on August 1, ...

18 days ago - GlobeNewsWire

PennantPark Floating Rate Capital Ltd. Upsizes Credit Facility to $611 Million

MIAMI, June 04, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) announced that as result of expanded lender partner relationships, it has upsized its credi...

6 weeks ago - GlobeNewsWire

PennantPark Floating Rate Capital Ltd.'s Unconsolidated Joint Venture, PennantPark Senior Secured Loan Fund I LLC Completes the Refinancing of $300.7 Million CLO, Marking Continued Support of PennantPark's Middle Market CLO Platform

MIAMI, May 21, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that PennantPark Senior Secured Loan Fund I LLC (“PSSL”) through PSSL's whol...

2 months ago - GlobeNewsWire

PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Quarter Ended March 31, 2024

MIAMI, May 08, 2024 (GLOBE NEWSWIRE) --  PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) announced today its financial results for the second quarter ended March 31, 2024.

2 months ago - GlobeNewsWire

How To Earn 8%+ In Retirement Income Each And Every Month

Monthly dividend stocks baby. Most income investors don't even realize they exist!

Other symbols: AGNCAPLEMAINO
2 months ago - Forbes

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...

3 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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.

5 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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.

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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.

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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.

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire