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PennantPark Investment Corporation (PNNT)

Stock Price: $4.60 USD 0.02 (0.44%)
Updated November 27, 1:00 PM EST - Market closed
After-hours: $4.59 -0.01 (-0.22%) Nov 27, 3:38 PM

Stock Price Chart

Key Info

Market Cap 308.41M
Revenue (ttm) 100.22M
Net Income (ttm) -15.97M
Shares Out 67.05M
EPS (ttm) -0.24
PE Ratio n/a
Forward PE 8.54
Dividend $0.48
Dividend Yield 10.43%

Stock Quote

Trading Day November 27
Last Price $4.60
Previous Close $4.58
Change ($) 0.02
Change (%) 0.44%
Day's Open 4.57
Day's Range 4.53 - 4.68
Day's Volume 269,655
52-Week Range 1.76 - 6.86

More Stats

Market Cap 308.41M
Enterprise Value 850.91M
Earnings Date (est) Feb 10, 2021
Ex-Dividend Date Sep 16, 2020
Shares Outstanding 67.05M
Float 65.17M
EPS (basic) -0.24
EPS (diluted) -0.24
FCF / Share -1.93
Dividend $0.48
Dividend Yield 10.43%
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 122,722
Short Ratio 0.34
Short % of Float 0.19%
Beta 1.73
PE Ratio n/a
Forward PE 8.54
P/FCF Ratio n/a
PS Ratio 3.08
PB Ratio 0.58
Revenue 100.22M
Operating Income 72.10M
Net Income -15.97M
Free Cash Flow -129.60M
Net Cash -542.51M
Net Cash / Share -8.09
Gross Margin 100.00%
Operating Margin 71.94%
Profit Margin -15.90%
FCF Margin -129.31%
ROA 3.87%
ROE -2.88%
ROIC 0.90%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (8)

Buy 4
Overweight 1
Hold 2
Underweight 0
Sell 1

Analyst Consensus: Overweight

Price Target

$5.11*
(11.09% upside)
Low
4.25
Current: $4.60
High
6.00
Target: 5.11
*Average 12-month price target from 7 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2020201920182017201620152014201320122011
Revenue10011210812514216214812911391.74
Revenue Growth-10.6%3.54%-13.05%-12.34%-12.1%9.26%14.51%13.93%23.6%-
Gross Profit78.9388.7380.7494.8910811410691.1181.6663.68
Operating Income72.1081.8276.1588.65101109100.0085.0974.4258.20
Net Income-15.9715.9247.7161.7118.74-10.2511191.7863.3510.26
Shares Outstanding67.0567.0569.9971.0671.0674.2666.5966.5056.5145.69
Dividend Per Share0.600.720.720.821.121.121.121.121.121.07
Dividend Growth-16.67%0%-12.2%-26.79%0%0%0%0%4.67%-
Operating Cash Flow-130-81.1266.9469.251583.02-17340.32-115-138
Free Cash Flow-130-81.1266.9469.251583.02-17340.32-115-138
Cash & Equivalents25.8159.5219.5138.2075.6149.6266.5258.447.5671.60
Total Debt568684504526560603542371321426
Net Cash / Debt-543-624-485-488-484-553-476-313-314-354
Assets1,1141,2861,1601,2021,2391,3651,4121,1531,019929
Liabilities589704531555596648584456349466
Book Value526582629647643717828698670463
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.