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PennantPark Investment Corporation (PNNT)

Stock Price: $3.43 USD -0.13 (-3.65%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 229.96M
Revenue (ttm) 106.87M
Net Income (ttm) -17.21M
Shares Out 67.05M
EPS (ttm) -0.26
PE Ratio n/a
Forward PE 5.49
Dividend $0.48
Dividend Yield 13.99%

Stock Quote

Trading Day Aug 7, 2020
Last Price $3.43
Previous Close $3.56
Change ($) -0.13
Change (%) -3.65%
Day's Open 3.52
Day's Range 3.37 - 3.55
Day's Volume 238,380
52-Week Range 1.76 - 6.86

More Stats

Market Cap 229.96M
Enterprise Value 1.03B
Earnings Date (est) Nov 11, 2020
Ex-Dividend Date Jun 16, 2020
Shares Outstanding 67.05M
Float n/a
EPS (basic) -0.25
EPS (diluted) -0.26
FCF / Share -1.35
Dividend $0.48
Dividend Yield 13.99%
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 412,494
Short Ratio 1.02
Short % of Float 0.57%
Beta 1.61
PE Ratio n/a
Forward PE 5.49
P/FCF Ratio n/a
PS Ratio 2.15
PB Ratio 0.40
Revenue 106.87M
Operating Income 80.65M
Net Income -17.21M
Free Cash Flow -90.49M
Net Cash -796.58M
Net Cash / Share -11.88
Gross Margin 104.90%
Operating Margin 75.46%
Profit Margin -16.10%
FCF Margin -84.67%
ROA 3.65%
ROE -3.10%
ROIC 0.90%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (0)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: n/a

Price Target

$3.83*
(11.66% upside)
Low
3.00
Current: $3.43
High
5.00
Target: 3.83
*Average 12-month price target from 6 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue11210812514216214812911391.7460.14
Revenue Growth3.54%-13.05%-12.34%-12.1%9.26%14.51%13.93%23.6%52.54%-
Gross Profit88.7380.7494.8910811410691.1181.6663.6840.50
Operating Income81.8276.1588.65101109100.0085.0974.4258.2035.75
Net Income15.9247.7161.7118.74-10.2511191.7863.3510.2616.54
Shares Outstanding67.0569.9971.0671.0674.2666.5966.5056.5145.6931.56
Dividend Per Share0.720.720.821.121.121.121.121.121.071.03
Dividend Growth0%-12.2%-26.79%0%0%0%0%4.67%3.88%-
Operating Cash Flow-81.1266.9469.251583.02-17340.32-115-138-127
Free Cash Flow-81.1266.9469.251583.02-17340.32-115-138-127
Cash & Equivalents59.5219.5138.2075.6149.6266.5258.447.5671.601.81
Total Debt684504526560603542371321426256
Net Cash / Debt-624-485-488-484-553-476-313-314-354-254
Assets1,2861,1601,2021,2391,3651,4121,1531,019929711
Liabilities704531555596648584456349466325
Book Value582629647643717828698670463387
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name PennantPark Investment Corporation
Country United States
CEO Arthur Howard Penn

Stock Information

Ticker Symbol PNNT
Stock Exchange NASDAQ
Sector Financial Services
Industry Asset Management
Unique Identifier NASDAQ: PNNT
IPO Date April 19, 2007

Description

PennantPark Investment Corporation is a business development company. It 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 building and real estate, hotels and gaming, electronics, healthcare, education and childcare, financial services, printing and publishing, consumer products, business services, energy and utilities, distribution, oil and gas, media, environmental services, aerospace and defense, manufacturing industries and retail. It invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, subordinated loans, mezzanine loans, and senior secured loans. It seeks to invest in companies based in the United States. The fund seeks to invest between $10 million and $50 million in its portfolio companies. Its mezzanine loans, senior secured loans, and other investments in its portfolio companies are between $15 million and $50 million. The fund may also make non-control equity and debt investments.