PennantPark Investment Corporation (PNNT)

NYSE: PNNT · IEX Real-Time Price · USD
6.68
+0.06 (0.91%)
At close: Feb 20, 2024, 4:00 PM
6.78
+0.10 (1.50%)
After-hours: Feb 20, 2024, 7:08 PM EST
0.91%
Market Cap 435.70M
Revenue (ttm) 149.74M
Net Income (ttm) 48.74M
Shares Out 65.22M
EPS (ttm) 0.74
PE Ratio 9.03
Forward PE 7.06
Dividend $0.95 (14.15%)
Ex-Dividend Date Feb 14, 2024
Volume 780,807
Open 6.55
Previous Close 6.62
Day's Range 6.55 - 6.75
52-Week Range 4.70 - 7.27
Beta 1.58
Analysts Buy
Price Target 6.94 (+3.89%)
Earnings Date Feb 7, 2024

About PNNT

PennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The fund typically invests in buildings and real estate, hotels, gaming and leisure, technology, telecommunications, transportation, information technology services, electronics, healthcare & pharmaceuticals, education and childcare, financial services, printing and publishing, consumer produc... [Read more]

Sector Financials
IPO Date Apr 19, 2007
Country United States
Stock Exchange NYSE
Ticker Symbol PNNT
Full Company Profile

Financial Performance

In 2023, PNNT's revenue was $145.37 million, an increase of 38.49% compared to the previous year's $104.97 million. Losses were -$33.81 million, 36.6% more than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for PNNT stock is "Buy." The 12-month stock price forecast is $6.94, which is an increase of 3.89% from the latest price.

Price Target
$6.94
(3.89% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PennantPark Investment Corporation Announces Financial Results for the Quarter Ended December 31, 2023

MIAMI, Feb. 07, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today its financial results for the first quarter ended December 31, 2023.

13 days ago - GlobeNewsWire

PennantPark Investment Corporation Announces Monthly Distribution of $0.07 per Share

MIAMI, Feb. 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for February 2024 of $0.07 per share, payable on March 1, 202...

18 days ago - GlobeNewsWire

PennantPark Investment Corporation Schedules Earnings Release of First Fiscal Quarter 2024 Results

MIAMI, Jan. 04, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the first fiscal quarter ended December 31, 2023 on W...

6 weeks ago - GlobeNewsWire

PennantPark Investment Corporation Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2023

MIAMI, Nov. 15, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today financial results for the fourth quarter and fiscal year ended September 30, 2023.

3 months ago - GlobeNewsWire

PennantPark Investment Corporation Schedules Earnings Release of Fourth Fiscal Quarter 2023 Results

MIAMI, Oct. 13, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the fourth fiscal quarter ended September 30, 2023 on...

4 months ago - GlobeNewsWire

PennantPark Investment Corporation Announces 5.0% Increase of Its Quarterly Distribution to $0.21 per Share and Financial Results for the Quarter Ended June 30, 2023

MIAMI, Aug. 09, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today its financial results for the third quarter ended June 30, 2023.

6 months ago - GlobeNewsWire

PennantPark Investment Corporation's Unconsolidated Joint Venture, PennantPark Senior Loan Fund, LLC Completes $300 Million CLO

Marking Continued Growth in PennantPark's Middle Market CLO Platform with Seven CLOs Under Management Marking Continued Growth in PennantPark's Middle Market CLO Platform with Seven CLOs Under Managem...

7 months ago - GlobeNewsWire

PennantPark Investment Corporation Schedules Earnings Release of Third Fiscal Quarter 2023 Results

MIAMI, July 06, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the third fiscal quarter ended June 30, 2023 on Wedne...

8 months ago - GlobeNewsWire

PennantPark Investment Corporation Schedules Earnings Release of Second Fiscal Quarter 2023 Results

MIAMI, April 05, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the second fiscal quarter ended March 31, 2023 on We...

11 months ago - GlobeNewsWire

PennantPark Investment Corporation Announces 12.1% Increase of Its Quarterly Distribution to $0.185 per Share and Financial Results for the Quarter Ended December 31, 2022

MIAMI, Feb. 08, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today financial results for the first quarter ended December 31, 2022.

1 year ago - GlobeNewsWire

Invest Like PE For Less With These 3 Massive Yielders

These are serious yields we're looking at—the kind we need to retire on dividends alone.

Other symbols: CCAPPSEC
1 year ago - Forbes

PennantPark Investment Corporation Schedules Earnings Release of First Fiscal Quarter 2023 Results

MIAMI, Jan. 05, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the first fiscal quarter ended December 31, 2022 on W...

1 year ago - GlobeNewsWire

PennantPark Investment Corporation Announces 10.0% Increase of its Quarterly Distribution to $0.165 per share and Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2022

MIAMI, Nov. 16, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today financial results for the fourth quarter and fiscal year ended September 30, 2022.

1 year ago - GlobeNewsWire

PennantPark Investment Corporation Schedules Earnings Release of Fourth Fiscal Quarter 2022 Results

MIAMI, Oct. 21, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the fourth fiscal quarter ended September 30, 2022 on...

1 year ago - GlobeNewsWire

PennantPark Investment Corporation Announces an Increase of Its Quarterly Distribution to $0.15 per Share and Its Financial Results for the Quarter Ended June 30, 2022

MIAMI, Aug. 03, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today financial results for the third fiscal quarter ended June 30, 2022.

1 year ago - GlobeNewsWire

PennantPark Investment Corporation Schedules Earnings Release of Third Fiscal Quarter 2022 Results

MIAMI, July 06, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the third fiscal quarter ended June 30, 2022 on Wedne...

1 year ago - GlobeNewsWire

PennantPark Investment Corporation Appoints Senior Partner of PennantPark to Its Board of Directors

MIAMI, May 06, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the “Company”) (NYSE: PNNT) announced today the appointment of Mr. José A. Briones, Jr. to the Company's Board of Directors,...

1 year ago - GlobeNewsWire

PennantPark Investment Corporation Announces an Increase of Its Quarterly Distribution to $0.145 per Share and Its Financial Results for the Quarter Ended March 31, 2022

MIAMI, May 04, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today financial results for the second fiscal quarter ended March 31, 2022.

1 year ago - GlobeNewsWire

PennantPark Investment Corporation Schedules Earnings Release of Second Fiscal Quarter 2022 Results

NEW YORK, April 04, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) announced that it will report results for the second fiscal quarter ended March 31, 2022 ...

2 years ago - GlobeNewsWire

PennantPark Investment Corporation Announces Transfer of Common Stock listing to the New York Stock Exchange

MIAMI, March 30, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the “Company”) (NASDAQ: PNNT) today announced that it is transferring the listing of its common stock to the New York Stoc...

2 years ago - GlobeNewsWire

PennantPark Investment Corporation Unconsolidated Joint Venture, PennantPark Senior Loan Fund, LLC Completes $304 Million CLO

PennantPark Expands its Middle Market Business with Fourth CLO PennantPark Expands its Middle Market Business with Fourth CLO

2 years ago - GlobeNewsWire

PennantPark Investment Corporation Announces an Increase of Its Quarterly Distribution to $0.14 per Share, Its Financial Results for the Quarter Ended December 31, 2021 and Initiates a Stock Repurchase Program

MIAMI, Feb. 09, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the first fiscal quarter ended December 31, 2021.

2 years ago - GlobeNewsWire

PennantPark Investment Corporation Schedules Earnings Release of First Fiscal Quarter 2022 Results

NEW YORK, Jan. 06, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) announced that it will report results for the first fiscal quarter ended December 31, 2021...

2 years ago - GlobeNewsWire

PennantPark Investment Corporation Announces Quarterly Distribution of $0.12 per Share

NEW YORK, Dec. 02, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) declares its first fiscal quarter 2022 distribution of $0.12 per share, payable on January...

2 years ago - GlobeNewsWire

Pennant Park Investment: Q4 Earnings Insights

Pennant Park Investment (NASDAQ:PNNT) reported its Q4 earnings results on Wednesday, November 17, 2021 at 04:05 PM. Here's what investors need to know about the announcement.

2 years ago - Benzinga