PFLT Stock Overview
A business development company. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 1/6 |
| Dividends | 5/6 |
My Notes
Capture your thoughts, links and company narrative
PennantPark Floating Rate Capital Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.40 |
| 52 Week High | US$12.02 |
| 52 Week Low | US$10.28 |
| Beta | 1.64 |
| 1 Month Change | 4.49% |
| 3 Month Change | 1.97% |
| 1 Year Change | 1.24% |
| 3 Year Change | -13.37% |
| 5 Year Change | -8.58% |
| Change since IPO | -14.93% |
Recent News & Updates
Recent updates
PennantPark Floating Rate Capital: Improved Portfolio Quality And Discounted Valuation
Jan 13PFLT: High Monthly Income, But Coverage Looking Pressured
Nov 07PennantPark Floating Rate Capital: Weak Dividend Coverage Offset By Increased Investment Activity
Oct 25PFLT: Dividend Coverage Of 103% Is Safer Than It Seems
Aug 20PFLT: Is This 10% Dividend Income Suitable For You
Jul 17PennantPark Floating Rate Capital: Q2 Proves Again That It Is One Of The Best BDCs Out There
May 13PennantPark Floating Rate Capital: A More Reliable Alternative To PNNT
Apr 29PennantPark Floating Rate Capital: When Being Conservative Pays Off
Feb 22PennantPark Floating Rate Capital: One Of My Favorite BDCs, But Market Liquidity Risks Rising
Feb 02PennantPark Floating Rate Capital: Time To Sell This 10% Yielding BDC (Downgrade)
Jan 12PFLT: This BDC Yields Above 10% Despite The Conservative Characteristics
Dec 24PennantPark Floating Rate Capital: Strong Fiscal Q4 Earnings
Dec 10PennantPark Floating Rate: Will There Be Another Dividend Raise?
Nov 21PennantPark Floating Rate: A Fat 11.3% Yield
Sep 14PennantPark Floating Rate Capital: Floating Rate 11% Yield, Earnings Up, But...
Aug 18BlackRock Or PennantPark For Solid 12% Yield?
Jul 05PennantPark Floating Rate Capital: An 11.5% Yield Paid Monthly And At A Small Discount
May 30PennantPark NII of $0.30 in-line, total investment income of $31.34M beats by $1.8M
Feb 08PennantPark declares $0.095 dividend
Feb 02PennantPark Floating Rate Capital falls 7% on primary stock offering
Jan 23PennantPark FQ4 2022 Earnings Preview
Nov 15PennantPark declares $0.095 dividend
Nov 03PennantPark declares $0.095 dividend
Oct 04PennantPark Floating Rate Capital upsizes credit facility to $366M
Sep 21PennantPark declares $0.095 dividend
Sep 02PennantPark declares $0.095 dividend
Jul 05PennantPark: 10% Yield, 14% Discount, Monthly Payer, Benefits From Rising Rates
Jun 24Head-To-Head High Yield Comparison: PennantPark
Apr 17PennantPark Floating Rate Capital: Slow And Steady 8.76% Yield
Feb 02PennantPark Floating Rate: A Monthly Dividend Payer On Fair Value
Jan 25PennantPark Floating Rate Capital Is Set To Underperform
Oct 12PennantPark Floating Rate: This Overlooked Gem Is A Buy, Here's Why
Jul 29PennantPark Floating Rate Capital names new finance chief
Jun 21PennantPark Floating Rate Capital 2021 Q2 - Results - Earnings Call Presentation
May 06PennantPark Floating Rate Capital: Don't Count Your Chickens Before They Hatch
May 03PennantPark declares $0.095 dividend
Feb 02PennantPark declares $0.095 dividend
Jan 05PennantPark declares $0.095 dividend
Dec 022 Dividend Stocks To Buy With Improving Book Values, Both From PennantPark
Nov 29PennantPark NII beats by $0.01, misses on total investment income
Nov 18PennantPark Floating Rate Capital: The Market Is Contradicting Itself When It Comes To BDCs
Nov 11PennantPark declares $0.095 dividend
Nov 03Shareholder Returns
| PFLT | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 2.7% | -0.8% | 1.2% |
| 1Y | 1.2% | 38.3% | 21.0% |
Return vs Industry: PFLT underperformed the US Capital Markets industry which returned 38.3% over the past year.
Return vs Market: PFLT underperformed the US Market which returned 21% over the past year.
Price Volatility
| PFLT volatility | |
|---|---|
| PFLT Average Weekly Movement | 1.9% |
| Capital Markets Industry Average Movement | 3.7% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 18.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: PFLT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: PFLT's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | n/a | Art Penn | pflt.pennantpark.com |
PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments.
PennantPark Floating Rate Capital Ltd. Fundamentals Summary
| PFLT fundamental statistics | |
|---|---|
| Market cap | US$920.52m |
| Earnings (TTM) | US$97.70m |
| Revenue (TTM) | US$215.39m |
9.7x
P/E Ratio4.4x
P/S RatioIs PFLT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PFLT income statement (TTM) | |
|---|---|
| Revenue | US$215.39m |
| Cost of Revenue | US$0 |
| Gross Profit | US$215.39m |
| Other Expenses | US$117.69m |
| Earnings | US$97.70m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.17 |
| Gross Margin | 100.00% |
| Net Profit Margin | 45.36% |
| Debt/Equity Ratio | 139.4% |
How did PFLT perform over the long term?
See historical performance and comparisonDividends
10.8%
Current Dividend Yield90%
Payout RatioDoes PFLT pay a reliable dividends?
See PFLT dividend history and benchmarks| PennantPark Floating Rate Capital dividend dates | |
|---|---|
| Ex Dividend Date | Feb 18 2025 |
| Dividend Pay Date | Mar 03 2025 |
| Days until Ex dividend | 6 days |
| Days until Dividend pay date | 19 days |
Does PFLT pay a reliable dividends?
See PFLT dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/11 00:15 |
| End of Day Share Price | 2025/02/11 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
PennantPark Floating Rate Capital Ltd. is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mitchel Penn | Janney Montgomery Scott LLC |
| Brian Mckenna | JMP Securities |
| Paul Johnson | Keefe, Bruyette, & Woods |