PennantPark Floating Rate Capital (PFLT) Stock Price
PennantPark Floating Rate Capital Price
Over the last 14 years PennantPark Floating Rate Capital grew revenue by 33.8% annually, reaching 171.52 M USD. Earnings per share have declined at 7.1% per year over the last 13 years. For PennantPark Floating Rate Capital, the net margin of 38.7% is down versus 91.3% a few years ago. At today's price the dividend yield works out to roughly 19.51%. The payout ratio is around 184% of earnings. The dividend has grown at 7.3% per year over the past 14 years. The consensus 12-month price target for PennantPark Floating Rate Capital is 9.00 USD, about 42.7% above where the stock trades today. Of 13 analysts, 10 rate the stock a buy — an overall Buy consensus.
PennantPark Floating Rate Capital stock price
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PennantPark Floating Rate Capital business model & stock analysis
Frequently asked questions about PennantPark Floating Rate Capital
The business model of PennantPark Floating Rate Capital Ltd revolves around being a closed-end, diversified investment company. It primarily aims to generate current income by investing in loans and other debt instruments of intermediate-term duration. The company focuses on providing financing solutions to middle-market companies, supporting their growth and expansion. PennantPark Floating Rate Capital Ltd employs a rigorous credit analysis process to assess investment opportunities and manages its portfolio actively. The company aims to provide attractive risk-adjusted returns to its shareholders while also maintaining capital preservation and ensuring a well-diversified portfolio.
PennantPark Floating Rate Capital Ltd is primarily active in the finance industry.
Some of the main competitors of PennantPark Floating Rate Capital Ltd in the market include Apollo Investment Corporation, Fifth Street Finance Corp., and Golub Capital BDC, Inc. These competitors also operate in the business development company (BDC) sector, focusing on providing financing solutions to middle-market companies. However, PennantPark Floating Rate Capital Ltd distinguishes itself through its unique investment strategy, strong management team, and solid track record in generating attractive risk-adjusted returns for its investors.
PennantPark Floating Rate Capital Ltd is a renowned investment firm specializing in floating rate debt of middle-market companies. Founded in 2007, the company has a strong history of delivering value to investors. PennantPark Floating Rate Capital Ltd primarily invests in senior secured loans made to private, middle-market companies operating across various industries. With a focus on generating income and preserving capital, PennantPark Floating Rate Capital Ltd has established itself as a trusted player in the financial market. As a leading provider of floating rate capital solutions, the company continues to leverage its expertise and robust portfolio to drive growth and deliver attractive returns to its shareholders.
PennantPark Floating Rate Capital Ltd has achieved several significant milestones in its history. Some of these milestones include successfully raising its initial public offering (IPO) in 2011, growing its investment portfolio to over $1 billion in assets under management, and consistently delivering attractive risk-adjusted returns to shareholders. Additionally, the company has been successful in diversifying its investment portfolio across various industries and sectors, along with maintaining a strong track record of investment performance. PennantPark Floating Rate Capital Ltd has also established itself as a leading provider of floating rate loans to middle-market companies, further solidifying its position in the market.
PennantPark Floating Rate Capital Ltd operates primarily within the United States.
PennantPark Floating Rate Capital Ltd represents values of integrity, transparency, and accountability in its corporate philosophy. The company's commitment lies in delivering attractive risk-adjusted returns to investors through careful investment selection and diligent risk management. With a focus on floating rate loans and other investments, PennantPark aims to provide consistent income and capital appreciation. By adhering to rigorous underwriting standards and conducting thorough due diligence, the company ensures the preservation of shareholder value. PennantPark Floating Rate Capital Ltd's dedication to disciplined investment practices and commitment to shareholders sets it apart in the stock market.
Analysts currently set an average price target of 9.00 USD for the PennantPark Floating Rate Capital stock (median: 9.00 USD), implying +39.8 % versus the latest price. The consensus is based on 13 analyst ratings.
PennantPark Floating Rate Capital Analyst Price Targets 2026
13 analysts currently rate the PennantPark Floating Rate Capital stock: 10 recommend buying, 3 holding and 0 selling. For 2026, analysts expect PennantPark Floating Rate Capital to generate revenue of 267.61 M USD and earnings per share of 0.98 USD.
PennantPark Floating Rate Capital Analyst Price Targets 2026
Converted at the current exchange rate, the PennantPark Floating Rate Capital share trades at 5.66 EUR (6.30 USD).
The PennantPark Floating Rate Capital share (PFLT) is listed on 8 stock exchanges, including: NYSE (PFLT), London (0KH0.L), Frankfurt (22P.F), München (22P.MU), Düsseldorf (22P.DU).
PennantPark Floating Rate Capital Ltd is a specialized credit provider that mainly finances mid-market companies and private equity funds in the USA. The company offers a variety of products, including senior secured loans, mezzanine loans, and structured products. The core business of PennantPark Floating Rate Capital Ltd is providing senior secured loans. These loans are secured by collateral such as the company's assets, inventory, or real estate. This type of loan provides higher security for investors while offering a higher potential return. The interest rates for these loans are based on Libor rates, which means they can fluctuate depending on market conditions. PennantPark Floating Rate Capital Ltd also offers mezzanine loans, which fall between equity and debt. These types of loans have lower priority than senior secured loans but higher priority than the company's equity. Mezzanine loans offer higher returns than senior secured loans since the risk for investors is higher. The company also provides structured products, which are financial instruments consisting of a combination of various fixed-income securities. These products offer higher returns than traditional fixed-income securities due to the increased risk for investors. Structured products can also be offered with a variety of collateral and different interest rates. Another important business area of PennantPark Floating Rate Capital Ltd is asset management. In this role, the company is entrusted by clients to manage their assets in various asset classes. Asset management provides an additional source of income for the company and allows investors to benefit from the company's expertise. PennantPark Floating Rate Capital Ltd is a publicly traded company and is one of the largest providers of credit for mid-market companies and private equity funds in the USA. The company has a diversified portfolio of investments that focuses on a variety of industries and niche markets. Overall, the business model of PennantPark Floating Rate Capital Ltd is focused on offering different credit products and investing in a wide range of asset classes. The company utilizes its expertise and experience to invest in companies that potentially offer high returns while minimizing risk for investors. The company's business model has proven successful and provides investors with an attractive opportunity to invest in the mid-market sector of the USA.
The expected revenue of PennantPark Floating Rate Capital is 267.61 M USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of PennantPark Floating Rate Capital is 97.59 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of PennantPark Floating Rate Capital is currently 6.41. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the PennantPark Floating Rate Capital stock.
The price-to-sales ratio (P/S) of PennantPark Floating Rate Capital is currently 2.34. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the PennantPark Floating Rate Capital stock.
The Eulerpool Quality Score for PennantPark Floating Rate Capital is 5/10.
The ISIN of PennantPark Floating Rate Capital is US70806A1060. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of PennantPark Floating Rate Capital is A1JQAB. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of PennantPark Floating Rate Capital is PFLT. The ticker symbol is used to trade PennantPark Floating Rate Capital shares on the stock exchange.
PennantPark Floating Rate Capital stock
PennantPark Floating Rate Capital Peer Group
PennantPark Floating Rate Capital Ticker
PennantPark Floating Rate Capital FIGI
All fundamentals and in-depth analysis of PennantPark Floating Rate Capital
Our stock analysis for PennantPark Floating Rate Capital stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of PennantPark Floating Rate Capital. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.