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PennantPark Floating Rate Capital Ltd. (PFLT)

Stock Price: $11.16 USD 0.02 (0.18%)
Updated Jan 22, 2021 4:00 PM EST - Market closed
Market Cap 432.70M
Revenue (ttm) 95.49M
Net Income (ttm) 18.41M
Shares Out 38.77M
EPS (ttm) 0.48
PE Ratio 23.49
Forward PE 10.70
Dividend $1.14
Dividend Yield 10.22%
Trading Day January 22
Last Price $11.16
Previous Close $11.14
Change ($) 0.02
Change (%) 0.18%
Day's Open 11.10
Day's Range 11.04 - 11.16
Day's Volume 103,619
52-Week Range 3.36 - 11.46

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GlobeNewsWire - 1 week ago

NEW YORK, Jan. 12, 2021 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE:PFLT) announced that it will report results for the first fiscal quarter...

GlobeNewsWire - 2 weeks ago

NEW YORK, Jan. 05, 2021 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for January 2021 of $0.095 per ...

GlobeNewsWire - 4 weeks ago

NEW YORK, Dec. 24, 2020 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NASDAQ: PFLT) (TASE: PFLT) today announced that PennantPark Senior Secured Loan Fund I, LLC,...

GlobeNewsWire - 1 month ago

NEW YORK, Dec. 02, 2020 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for December 2020 of $0.095 per...

Seeking Alpha - 1 month ago

The BDC sector continues to deliver strong returns during the pandemic, including recently improved earnings, dividend coverage, and increased book values. This article discusses two stocks th...

Other stocks mentioned: PNNT
Seeking Alpha - 2 months ago

PennantPark Floating Rate Capital (PFLT) CEO Art Penn on Q4 2020 Results - Earnings Call Transcript

Zacks Investment Research - 2 months ago

PennantPark (PFLT) delivered earnings and revenue surprises of 3.85% and -1.77%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Benzinga - 2 months ago

Shares of PennantPark Floating Rate (NASDAQ:PFLT) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 6.90% over the past ye...

Benzinga - 2 months ago

PennantPark Floating Rate (NASDAQ: PFLT) announces its next round of earnings this Wednesday, November 18. Here is Benzinga's everything-that-matters guide for this Wednesday's Q4 earnings ann...

Seeking Alpha - 2 months ago

I believe that PFLT has an upside of 41% in the short term based on this article's information. Bankruptcy filings are below normal levels thanks to the CARES Act.

Zacks Investment Research - 2 months ago

PennantPark (PFLT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

InvestorPlace - 2 months ago

If you're looking for steady monthly income to complement your growth stocks, these monthly dividend stocks are the way to go. The post 6 of the Best Monthly Dividend Stocks to Fortify Your Po...

Other stocks mentioned: ARR, GAIN, HRZN, LTC, SUNS
GlobeNewsWire - 3 months ago

NEW YORK, Oct. 07, 2020 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE:PFLT) announced that it will report results for the fourth fiscal quarte...

GlobeNewsWire - 3 months ago

NEW YORK, Oct. 02, 2020 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for October 2020 of $0.095 per ...

Seeking Alpha - 4 months ago

Here are your September U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains: 1. Stocks by-yield (64); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchang...

Other stocks mentioned: AFIN, AGNC, DX, EFC, GOOD, ORC, PBA, SLG, SUNS
Seeking Alpha - 5 months ago

PennantPark Floating Rate Capital: A 13.1% Yield From A Well-Managed BDC

Seeking Alpha - 5 months ago

The Storm Has Passed For PFLT

Seeking Alpha - 5 months ago

PennantPark Floating Rate Capital Ltd. (PFLT) CEO Art Penn on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 5 months ago

PennantPark (PFLT) delivered earnings and revenue surprises of -7.14% and -10.59%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 5 months ago

PennantPark (PFLT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GlobeNewsWire - 6 months ago

NEW YORK, July 09, 2020 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE:PFLT) announced that it will report results for the third fiscal quart...

Seeking Alpha - 8 months ago

Undervalued BDC Due To Market Fear, PennantPark Floating Rate Capital Has A Lot To Offer

Seeking Alpha - 8 months ago

PennantPark Floating Rate Capital (PFLT) CEO Art Penn on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 8 months ago

PennantPark (PFLT) delivered earnings and revenue surprises of 7.14% and 6.64%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

GlobeNewsWire - 8 months ago

NEW YORK, May 04, 2020 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for May 2020 of $0.095 per sha...

Seeking Alpha - 8 months ago

PFLT has been a victim of the market, trading at less than half its 1Q20 NAVPS.

GlobeNewsWire - 9 months ago

NEW YORK, April 06, 2020 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NASDAQ: PFLT) (TASE: PFLT) announced today that it issued an open letter to its stakehold...

GlobeNewsWire - 9 months ago

NEW YORK, April 02, 2020 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for April 2020 of $0.095 per...

GlobeNewsWire - 9 months ago

NEW YORK, April 01, 2020 (GLOBE NEWSWIRE) -- Directors, officers and other employees of PennantPark Investment Advisers, LLC purchased an aggregate of 524,750 shares of PennantPark Floating ...

GlobeNewsWire - 10 months ago

NEW YORK, March 03, 2020 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for March 2020 of $0.095 per...

Seeking Alpha - 11 months ago

PennantPark Floating Rate Capital (PFLT) CEO Art Penn on Q1 2020 Results - Earnings Call Transcript

Zacks Investment Research - 11 months ago

PennantPark (PFLT) delivered earnings and revenue surprises of 0.00% and 2.03%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

GlobeNewsWire - 11 months ago

NEW YORK, Feb. 04, 2020 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for February 2020 of $0.095 p...

GlobeNewsWire - 1 year ago

NEW YORK, Jan. 03, 2020 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for January 2020 of $0.095 pe...

GlobeNewsWire - 1 year ago

NEW YORK, Dec. 03, 2019 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for December 2019 of $0.095 p...

Seeking Alpha - 1 year ago

PennantPark Floating Rate Capital (PFLT) CEO Arthur Penn on Q4 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

PennantPark (PFLT) delivered earnings and revenue surprises of 0.00% and 1.50%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 1 year ago

PennantPark (PFLT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GlobeNewsWire - 1 year ago

NEW YORK, Oct. 10, 2019 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE:PFLT) announced that it will report results for the fourth fiscal quar...

GlobeNewsWire - 1 year ago

NEW YORK, Oct. 04, 2019 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE: PFLT) declares its monthly distribution for October 2019 of $0.095 pe...

GlobeNewsWire - 1 year ago

NEW YORK, Sept. 19, 2019 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NASDAQ: PFLT) (TASE: PFLT) today announced that it completed a $301.4 million term debt s...

GlobeNewsWire - 1 year ago

NEW YORK, Aug. 26, 2019 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NASDAQ: PFLT) (TASE: PFLT) today announced that its indirect, wholly-owned and consolidate...

Seeking Alpha - 1 year ago

PennantPark Floating Rate Capital (PFLT) CEO Art Penn on Q3 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

PennantPark (PFLT) delivered earnings and revenue surprises of -3.33% and -0.11%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 1 year ago

PennantPark (PFLT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Forbes - 1 year ago

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Other stocks mentioned: ARCC, NMFC
Seeking Alpha - 1 year ago

PennantPark Floating Rate Capital (PFLT) CEO Art Penn on Q2 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

PennantPark (PFLT) delivered earnings and revenue surprises of 0.00% and 0.07%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 1 year ago

PennantPark (PFLT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

About PFLT

PennantPark Floating Rate Capital 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 connection w... [Read more...]

Industry
Asset Management
CEO
Arthur Howard Penn
Country
United States
Stock Exchange
NASDAQ
Ticker Symbol
PFLT
Full Company Profile

Financial Performance

In 2020, PFLT's revenue was $95.49 million, an increase of 2.73% compared to the previous year's $92.95 million. Earnings were $18.41 million, an increase of 61.29%.

Financial Statements

Analyst Forecasts

According to 6 analysts, the average rating for PFLT stock is "Buy." The 12-month stock price forecast is 11.00, which is a decrease of -1.43% from the latest price.

Price Target
$11.00
(-1.43% downside)
Analyst Consensus: Buy