PTMN Stock Overview
Portman Ridge Finance Corporation is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, mezzanine, buyout in middle market companies.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Portman Ridge Finance Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$19.41 |
| 52 Week High | US$21.20 |
| 52 Week Low | US$16.27 |
| Beta | 0.95 |
| 1 Month Change | 3.91% |
| 3 Month Change | 2.59% |
| 1 Year Change | -4.57% |
| 3 Year Change | -17.75% |
| 5 Year Change | -36.36% |
| Change since IPO | -87.76% |
Recent News & Updates
Recent updates
Portman Ridge Finance's Transformation Is Nearly Complete, So It's Time To Reconsider This 14.5% Yielding BDC
Mar 11Portman Ridge: Bear Market Bites The BDC Business
Oct 17Portman Ridge Finance NII of $0.57 misses by $0.13, Total investment income of $15.04M misses by $1.45M
Aug 09Portman Ridge: This 11% Yielding BDC Offers Growth At A Reasonable Price
Jun 25Portman's Growing Pains Should Be Over - Increase In Q4 Dividend Expected
Mar 09Portman Ridge - Revisiting An Old Friend Pays Dividends
Jan 28Portman Ridge Finance declares $0.06 dividend
May 06Portman Ridge Finance names Jason T. Roos as CFO
Jan 12Portman Ridge Finance, Harvest Capital Credit to merge
Dec 24Shareholder Returns
| PTMN | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 2.3% | -0.7% | -3.2% |
| 1Y | -4.6% | 23.2% | 19.3% |
Return vs Industry: PTMN underperformed the US Capital Markets industry which returned 23.2% over the past year.
Return vs Market: PTMN underperformed the US Market which returned 19.3% over the past year.
Price Volatility
| PTMN volatility | |
|---|---|
| PTMN Average Weekly Movement | 2.2% |
| Capital Markets Industry Average Movement | 3.4% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: PTMN has not had significant price volatility in the past 3 months.
Volatility Over Time: PTMN's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | n/a | Ted Goldthorpe | www.portmanridge.com |
Portman Ridge Finance Corporation is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, mezzanine, buyout in middle market companies. It also makes acquisitions in businesses complementary to the firm’s business. It primarily invests in healthcare, cargo transport, manufacturing, industrial & environmental services, logistics & distribution, media & telecommunications, real estate, education, automotive, agriculture, aerospace/defense, packaging, electronics, finance, non-durable consumer, consumer products, business services, utilities, insurance, and food and beverage sectors.
Portman Ridge Finance Corporation Fundamentals Summary
| PTMN fundamental statistics | |
|---|---|
| Market cap | US$180.98m |
| Earnings (TTM) | US$11.38m |
| Revenue (TTM) | US$76.32m |
15.9x
P/E Ratio2.4x
P/S RatioIs PTMN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PTMN income statement (TTM) | |
|---|---|
| Revenue | US$76.32m |
| Cost of Revenue | US$0 |
| Gross Profit | US$76.32m |
| Other Expenses | US$64.93m |
| Earnings | US$11.38m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 08, 2024
| Earnings per share (EPS) | 1.22 |
| Gross Margin | 100.00% |
| Net Profit Margin | 14.91% |
| Debt/Equity Ratio | 151.0% |
How did PTMN perform over the long term?
See historical performance and comparison