PennantPark Investment Corporation (PNNT)

NYSE: PNNT · IEX Real-Time Price · USD
6.81
0.05 (0.74%)
May 25, 2022 4:00 PM EDT - Market closed
Market Cap450.36M
Revenue (ttm)96.31M
Net Income (ttm)85.66M
Shares Out66.13M
EPS (ttm)1.28
PE Ratio5.32
Forward PE9.23
Dividend$0.50 (7.34%)
Ex-Dividend DateJun 16, 2022
Volume216,114
Open6.74
Previous Close6.76
Day's Range6.70 - 6.85
52-Week Range6.21 - 8.02
Beta1.71
AnalystsBuy
Price Target8.78 (+28.9%)
Earnings DateMay 4, 2022

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...

IndustryCapital Markets
IPO DateApr 19, 2007
CountryUnited States
Stock ExchangeNYSE
Ticker SymbolPNNT
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 8.78, which is an increase of 28.93% from the latest price.

Price Target
$8.78
(28.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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, e...

2 weeks 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?

3 weeks ago - Zacks Investment Research

PennantPark Investment Corporation Announces an Increase of Its Quarterly Distribution to $0.145 per Share and Its Fi...

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

3 weeks 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 on...

1 month 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 Stock ...

1 month ago - GlobeNewsWire

PennantPark Investment Corporation Unconsolidated Joint Venture, PennantPark Senior Loan Fund, LLC Completes $304 Mil...

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

2 months 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?

3 months ago - Zacks Investment Research

PennantPark Investment Corporation Announces an Increase of Its Quarterly Distribution to $0.14 per Share, Its Financ...

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

3 months 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.

3 months 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 o...

4 months 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 3...

5 months ago - GlobeNewsWire

PennantPark (PNNT) Q4 Earnings and Revenues Top Estimates

PennantPark (PNNT) delivered earnings and revenue surprises of 21.43% and 9.93%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

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.

6 months ago - Benzinga

PennantPark Investment Corporation Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September...

NEW YORK, Nov. 17, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the fourth quarter and fiscal year ended September 30, 2021.

6 months ago - GlobeNewsWire

A Preview Of Pennant Park Investment's Earnings

Pennant Park Investment (NASDAQ:PNNT) is set to give its latest quarterly earnings report on Wednesday, 2021-11-17. Here's what investors need to know before the announcement.

6 months ago - Benzinga

PennantPark (PNNT) Reports Next Week: What You Should Expect

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.

6 months ago - Zacks Investment Research

PennantPark Investment Corporation Prices Public Offering of $165 Million 4.00% Unsecured Notes Due 2026

NEW YORK, Oct. 14, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the “Company”) (NASDAQ: PNNT) announced that it has priced an underwritten public offering of $165 million in aggregate pr...

7 months ago - GlobeNewsWire

PennantPark Investment Corporation Schedules Earnings Release of Fourth Fiscal Quarter 2021 Results

NEW YORK, Oct. 04, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) announced that it will report results for the fourth fiscal quarter ended September 30, 2021...

7 months ago - GlobeNewsWire

PennantPark (PNNT) Misses Q3 Earnings Estimates

PennantPark (PNNT) delivered earnings and revenue surprises of -7.69% and 1.76%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

PennantPark Investment Corporation Announces Financial Results for the Quarter Ended June 30, 2021

NEW YORK, Aug. 04, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the third fiscal quarter ended June 30, 2021.

9 months ago - GlobeNewsWire

Analysts Estimate PennantPark (PNNT) to Report a Decline in Earnings: What to Look Out for

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.

9 months ago - Zacks Investment Research

PennantPark Investment Corporation Schedules Earnings Release of Third Fiscal Quarter 2021 Results

NEW YORK, July 01, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) announced that it will report results for the third fiscal quarter ended June 30, 2021 on We...

10 months ago - GlobeNewsWire

PennantPark Investment Corporation Appoints Richard Cheung as New Chief Financial Officer

NEW YORK, June 21, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NASDAQ: PNNT) (“we,” “our,” “PNNT” or the “Company”) announced today that it has appointed Richard Cheung as its Chief Fin...

11 months ago - GlobeNewsWire

PennantPark (PNNT) Soars 5.9%: Is Further Upside Left in the Stock?

PennantPark (PNNT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase i...

11 months ago - Zacks Investment Research

PennantPark (PNNT) Matches Q2 Earnings Estimates

PennantPark (PNNT) delivered earnings and revenue surprises of 0.00% and -1.37%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research