PennantPark Investment Corporation (PNNT)
| Market Cap | 438.14M |
| Revenue (ttm) | 138.37M |
| Net Income (ttm) | 47.65M |
| Shares Out | 65.30M |
| EPS (ttm) | 0.73 |
| PE Ratio | 9.19 |
| Forward PE | 9.29 |
| Dividend | $0.96 (14.31%) |
| Ex-Dividend Date | Jun 16, 2025 |
| Volume | 80,467 |
| Open | 6.67 |
| Previous Close | 6.73 |
| Day's Range | 6.67 - 6.78 |
| 52-Week Range | 5.72 - 8.04 |
| Beta | 1.05 |
| Analysts | Sell |
| Price Target | 5.88 (-12.37%) |
| Earnings Date | Aug 6, 2025 |
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
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for PNNT stock is "Sell." The 12-month stock price forecast is $5.88, which is a decrease of -12.37% from the latest price.
News
2 BDCs To Buy Before Rates Drop
BDCs do not respond well to falling interest rates. The consensus indicates that we will likely have more rate cuts in the near future. So, for many BDCs, this will be a problem.
Don't Get Caught: 2 High-Yield Stocks Likely Nearing Dividend Cut
The stock market is in a bull-mode again. It is easy to become complacent in such a situation. Yet, the risks stemming mostly from the policy-side are not gone.
Buy 7 Ideal 'Safer' May Dividends, Out Of 40 Reader Tags
My yield-based 'dogcatcher' strategy spotlights high-yield stocks whose dividends from $1,000 invested exceed their share price, favoring underdogs for income growth. Analyst targets project average n...
PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share
MIAMI, June 03, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for June 2025 of $0.08 per share, payable on July 1, 2025 to ...
PennantPark Investment: Q2 Earnings Indicate Continued Weakness
PennantPark Investment reported disappointing Q2 earnings with declining net investment income and NAV, leading to a hold rating due to insufficient distribution support. PNNT's price fell 8.6% over t...
PennantPark Investment Corporation (PNNT) Q1 2025 Earnings Conference Call Transcript
PennantPark Investment Corporation (NYSE:PNNT) Q1 2025 Earnings Conference Call May 13, 2025 12:00 PM ET Company Participants Art Penn - Chairman & CEO Rick Allorto - CFO Conference Call Participants...
PennantPark Investment Corporation Announces Financial Results for the Quarter Ended March 31, 2025
MIAMI, May 12, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today its financial results for the second quarter ended March 31, 2025.
Wall Street's Most Accurate Analysts Spotlight On 3 Financial Stocks With Over 15% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
PennantPark Investment Corporation Schedules Earnings Release of Second Fiscal Quarter 2025 Results
MIAMI, April 03, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the second fiscal quarter ended March 31, 2025 on Mo...
The Moment Of Truth For BDC Dividend Investors Is Close
As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cas...
Two 9%+ Dividends Going From Bargains To Screaming Buys
The market has become more volatile. As it is usually the case, higher volatility tends to open interesting opportunity for long-term investors. In this article, I discuss two 9%+ yielding picks, whic...
BDC Dividend Cut Party Has Begun, Here Are Next 2 In Line
BDC Dividend Cut Party Has Begun, Here Are Next 2 In Line
PennantPark Investment: Dividend Cut May Not Happen After All (Rating Upgrade)
PennantPark Investment's dividend coverage is bolstered by two years' worth of undistributed spillover income, but net investment income remains insufficient to support the base distribution. PNNT's p...
PennantPark Investment: My Highest Conviction No-Go In The BDC Space
PennantPark Investment trades at a discount of ~5%. While the discount certainly makes the entry point interesting, the real question is whether the discount is enough to justify the risks. Looking at...
PennantPark Investment Corporation (PNNT) Q1 2025 Earnings Call Transcript
PennantPark Investment Corporation (NYSE:PNNT) Q1 2025 Earnings Conference Call February 11, 2025 12:00 PM ET Company Participants Art Penn - Chairman & Chief Executive Officer Rick Allorto - Chief F...
PennantPark Investment Corporation Announces Financial Results for the Quarter Ended December 31, 2024
MIAMI, Feb. 10, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today its financial results for the first quarter ended December 31, 2024.
BDC Weekly Review: OBDC Consummates Merger, Delivering Alpha To OBDE Holders
We take a look at the action in business development companies through the third week of January and highlight some of the key themes we are watching. BDCs had a strong week with a 3% total return, bo...
PennantPark Investment Corporation Schedules Earnings Release of First Fiscal Quarter 2025 Results
MIAMI, Jan. 08, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the first fiscal quarter ended December 31, 2024 on M...
PennantPark Investment Corporation's Unconsolidated Joint Venture, PennantPark Senior Loan Fund, LLC Completes $400 Million CLO, Marking Continued Momentum in PennantPark's Middle Market CLO Platform with 10 CLOs Under Management
MIAMI, Jan. 02, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the “Company”) (NYSE: PNNT) announced that PennantPark Senior Loan Fund, LLC (“PSLF”) through its wholly-owned and consolid...
PennantPark Investment: I've Never Seen So Complex And Speculative Structure
PNNT trades at a ~10% discount and offers a yield of ~14%. It has also performed in line with the BDC index this year. While this sounds interesting, it is a clear no-go case.
PennantPark Investment: Weak Dividend Coverage Is A Concern (Rating Downgrade)
PennantPark Investment Corporation's recent dividends were not fully covered by net investment income, leading me to revise my rating from buy to hold. PNNT has a well-diversified portfolio but has si...
PennantPark Investment Corporation (PNNT) Q4 2024 Earnings Call Transcript
PennantPark Investment Corporation (NYSE:PNNT) Q4 2024 Results Conference Call November 26, 2024 12:00 PM ET Company Participants Art Penn - Chairman and Chief Executive Officer Rick Allorto - Chief ...
PennantPark Investment Corporation Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2024 and Upsize of Joint Venture (Amended)
Explanatory Note: PennantPark Investment Corporation (the “Company”) is updating the press release issued by the Company on November 25, 2024 to correct certain information contained therein. The upda...
PennantPark Investment Corporation Announces Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2024 and Upsize of Joint Venture
MIAMI, Nov. 25, 2024 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) (the "Company") announced today financial results for the fourth quarter and fiscal year ended September 30, 20...
PennantPark Investment: Questionable Distribution Coverage (Downgrade)
I am downgrading my rating on PennantPark Investment Corporation due to weak distribution coverage and a rising non-accrual rate, indicating lower portfolio quality. Despite a high dividend yield of 1...