PennantPark Investment Corporation (PNNT)
Market Cap | 448.09M |
Revenue (ttm) | 149.74M |
Net Income (ttm) | 48.74M |
Shares Out | 65.22M |
EPS (ttm) | 0.74 |
PE Ratio | 9.28 |
Forward PE | 7.16 |
Dividend | $0.90 (13.10%) |
Ex-Dividend Date | Apr 12, 2024 |
Volume | 186,577 |
Open | 6.81 |
Previous Close | 6.80 |
Day's Range | 6.80 - 6.88 |
52-Week Range | 4.70 - 7.27 |
Beta | 1.57 |
Analysts | Hold |
Price Target | 6.92 (+0.73%) |
Earnings Date | May 8, 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]
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 StatementsAnalyst Forecast
According to 3 analysts, the average rating for PNNT stock is "Hold." The 12-month stock price forecast is $6.92, which is an increase of 0.73% from the latest price.
News
PennantPark Investment Corporation Schedules Earnings Release of Second Fiscal Quarter 2024 Results
MIAMI, April 03, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the second fiscal quarter ended March 31, 2024 on We...
PennantPark Investment Corporation Announces Monthly Distribution of $0.07 per Share
MIAMI, April 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for April 2024 of $0.07 per share, payable on May 1, 2024 to...
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.
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...
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.
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...
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.
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...
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...
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...
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.
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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...
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.
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...
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.
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...
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,...
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.
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 ...
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...
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
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.
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...
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...