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...

• Industry: Asset Management
• Sector: Financials
• IPO Date: Apr 19, 2007
• Country: United States
• Stock Exchange: NYSE
• Ticker Symbol: PNNT

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.

Analyst 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.

Price Target

$6.92

(0.73% upside)

Analyst Consensus: Hold