PennantPark Investment Corporation (PNNT)

NYSE: PNNT · IEX Real-Time Price · USD
5.14
+0.05 (0.98%)
Mar 24, 2023, 4:00 PM EDT - Market closed
0.98%
Market Cap 335.25M
Revenue (ttm) 106.58M
Net Income (ttm) -122.14M
Shares Out 65.22M
EPS (ttm) -1.85
PE Ratio n/a
Forward PE 7.59
Dividend $0.65 (12.55%)
Ex-Dividend Date Mar 15, 2023
Volume 256,736
Open 5.03
Previous Close 5.09
Day's Range 5.03 - 5.17
52-Week Range 4.98 - 8.02
Beta 1.64
Analysts Buy
Price Target 6.67 (+29.77%)
Earnings Date May 3, 2023

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

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for PNNT stock is "Buy." The 12-month stock price forecast is $6.67, which is an increase of 29.77% from the latest price.

Price Target
$6.67
(29.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PennantPark (PNNT) Lags Q1 Earnings and Revenue Estimates

PennantPark (PNNT) delivered earnings and revenue surprises of -11.11% and 1.11%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

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 month 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 month ago - Forbes

New Strong Buy Stocks for January 17th

PNNT, MITSY, TME, RYAM and BROS have been added to the Zacks Rank #1 (Strong Buy) List on January 17, 2022.

Other symbols: BROSMITSYRYAMTME
2 months ago - Zacks Investment Research

Best Income Stocks to Buy for January 17th

PNNT, MITSY and ASR made it to the Zacks Rank #1 (Strong Buy) income stocks list on January 17, 2022.

Other symbols: ASRMITSY
2 months ago - Zacks Investment Research

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...

2 months ago - GlobeNewsWire

Wall Street Analysts Predict a 26% Upside in PennantPark (PNNT): Here's What You Should Know

The average of price targets set by Wall Street analysts indicates a potential upside of 25.5% in PennantPark (PNNT). While the effectiveness of this highly sought-after metric is questionable, the po...

4 months ago - Zacks Investment Research

PennantPark (PNNT) Misses Q4 Earnings Estimates

PennantPark (PNNT) delivered earnings and revenue surprises of -17.65% and 4.59%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

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.

4 months 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...

5 months ago - GlobeNewsWire

PennantPark (PNNT) Q3 Earnings and Revenues Lag Estimates

PennantPark (PNNT) delivered earnings and revenue surprises of -5.88% and 1.43%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

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.

8 months ago - GlobeNewsWire

How Much Upside is Left in PennantPark (PNNT)? Wall Street Analysts Think 31%

The average of price targets set by Wall Street analysts indicates a potential upside of 30.6% in PennantPark (PNNT). While the effectiveness of this highly sought-after metric is questionable, the po...

8 months ago - Zacks Investment Research

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...

9 months 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,...

11 months ago - GlobeNewsWire

PennantPark (PNNT) Q2 Earnings Surpass Estimates

PennantPark (PNNT) delivered earnings and revenue surprises of 5.88% and 6.43%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

11 months ago - Zacks Investment Research

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.

11 months 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 ...

1 year 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...

1 year 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

1 year ago - GlobeNewsWire

PennantPark (PNNT) Surpasses Q1 Earnings and Revenue Estimates

PennantPark (PNNT) delivered earnings and revenue surprises of 46.15% and 27.65%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

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.

1 year ago - GlobeNewsWire

PennantPark (PNNT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

PennantPark (PNNT) 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.

1 year ago - Zacks Investment Research

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...

1 year 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...

1 year ago - GlobeNewsWire