Stock Events

PennantPark Floating Rate Capital 

$11.93
3578
-$0.01-0.08% Today

Statistics

Day High
12.02
Day Low
11.92
52W High
12.02
52W Low
9.02
Volume
899,639
Avg. Volume
667,780
Mkt Cap
796.07M
P/E Ratio
0
Dividend Yield
10.31%
Dividend
1.23

Upcoming

Dividends

10.31%Dividend Yield
10Y Growth
1.31%
5Y Growth
1.53%
3Y Growth
2.57%
1Y Growth
1.86%

Earnings

8MayConfirmed
Q3 2022
Q4 2022
Q1 2023
Q2 2023
Q3 2023
Q4 2023
Q1 2024
0.29
0.31
0.34
0.36
Expected EPS
0.32
Actual EPS
0.31

People Also Follow

This list is based on the watchlists of people on Stock Events who follow PFLT. It's not an investment recommendation.

Competitors

This list is an analysis based on recent market events. It's not an investment recommendation.
Ares Capital
ARCC
Mkt Cap12.97B
Ares Capital Corporation is a leading competitor in the middle-market lending space, offering similar floating rate loans and investments, directly competing with PFLT's core business.
FS KKR Capital
FSK
Mkt Cap5.65B
FS KKR Capital Corp. operates in the middle market investment sector, providing credit and lending solutions that directly compete with those offered by PFLT.
TriplePoint Venture Growth BDC
TPVG
Mkt Cap303.9M
TriplePoint Venture Growth BDC Corp. focuses on venture growth stage lending, competing with PFLT in the niche of providing financing solutions to growing companies.
Gladstone Investment
GAIN
Mkt Cap515.48M
Gladstone Investment Corporation offers debt and equity financing to small and medium-sized businesses, similar to PFLT's investment approach, making it a direct competitor.
Main Street Capital
MAIN
Mkt Cap4.48B
Main Street Capital Corporation is a principal investment firm that focuses on long-term debt and equity investments, competing with PFLT in the lower middle market sector.
Oaktree Specialty Lending
OCSL
Mkt Cap1.53B
Oaktree Specialty Lending Corporation provides customized credit solutions to companies, directly competing with PFLT in the specialty finance and lending market.
Prospect Capital
PSEC
Mkt Cap2.3B
Prospect Capital Corporation is a business development company that offers a range of financing solutions, competing with PFLT in targeting middle-market companies.
SLR Investment
SLRC
Mkt Cap877.24M
Solar Capital Ltd. is a competitor in the commercial lending space, offering similar loan and investment products to middle-market companies as PFLT.
Sixth Street Specialty Lending
TSLX
Mkt Cap2.01B
TPG Specialty Lending, Inc. provides flexible financing solutions to middle-market companies, competing with PFLT in the direct lending space.
New Mountain Finance
NMFC
Mkt Cap1.33B
New Mountain Finance Corporation targets middle-market companies with its credit strategies, making it a competitor to PFLT in the business development and lending sector.

Analyst Ratings

12.5$Average Price Target
The highest estimate is $12.5.
From 1 ratings within the last 6 months. This is not an investment recommendation.
Buy
0%
Hold
100%
Sell
0%

About

Finance
Investment Managers
Finance and Insurance
Securities and Commodity Exchanges
PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.
Show more...
CEO
Arthur Howard Penn
Country
US
ISIN
US70806A1060
WKN
000A1JQAB

Listings