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PennantPark Floating Rate Capital NYSE:PFLT Stock Report

Last Price

US$11.42

Market Cap

US$703.8m

7D

2.0%

1Y

7.6%

Updated

27 Mar, 2024

Data

Company Financials +

PennantPark Floating Rate Capital Ltd.

NYSE:PFLT Stock Report

Market Cap: US$703.8m

PFLT Stock Overview

PennantPark Floating Rate Capital Ltd. is a business development company.

PFLT fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance3/6
Financial Health1/6
Dividends4/6

PennantPark Floating Rate Capital Ltd. Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for PennantPark Floating Rate Capital
Historical stock prices
Current Share PriceUS$11.42
52 Week HighUS$12.63
52 Week LowUS$9.69
Beta1.67
1 Month Change-0.26%
3 Month Change-6.70%
1 Year Change7.63%
3 Year Change-3.87%
5 Year Change-11.13%
Change since IPO-14.78%

Recent News & Updates

PennantPark Floating Rate Capital: When Being Conservative Pays Off

Feb 22

PennantPark Floating Rate Capital: One Of My Favorite BDCs, But Market Liquidity Risks Rising

Feb 02

PennantPark Floating Rate Capital: Time To Sell This 10% Yielding BDC (Downgrade)

Jan 12

Recent updates

PennantPark Floating Rate Capital: When Being Conservative Pays Off

Feb 22

PennantPark Floating Rate Capital: One Of My Favorite BDCs, But Market Liquidity Risks Rising

Feb 02

PennantPark Floating Rate Capital: Time To Sell This 10% Yielding BDC (Downgrade)

Jan 12

PFLT: This BDC Yields Above 10% Despite The Conservative Characteristics

Dec 24

PennantPark Floating Rate Capital: Strong Fiscal Q4 Earnings

Dec 10

PennantPark Floating Rate: Will There Be Another Dividend Raise?

Nov 21

PennantPark Floating Rate: A Fat 11.3% Yield

Sep 14

PennantPark Floating Rate Capital: Floating Rate 11% Yield, Earnings Up, But...

Aug 18

BlackRock Or PennantPark For Solid 12% Yield?

Jul 05

PennantPark Floating Rate Capital: An 11.5% Yield Paid Monthly And At A Small Discount

May 30

PennantPark NII of $0.30 in-line, total investment income of $31.34M beats by $1.8M

Feb 08

PennantPark declares $0.095 dividend

Feb 02

PennantPark Floating Rate Capital falls 7% on primary stock offering

Jan 23

PennantPark FQ4 2022 Earnings Preview

Nov 15

PennantPark declares $0.095 dividend

Nov 03

PennantPark declares $0.095 dividend

Oct 04

PennantPark Floating Rate Capital upsizes credit facility to $366M

Sep 21

PennantPark declares $0.095 dividend

Sep 02

PennantPark declares $0.095 dividend

Jul 05

PennantPark: 10% Yield, 14% Discount, Monthly Payer, Benefits From Rising Rates

Jun 24

Head-To-Head High Yield Comparison: PennantPark

Apr 17

PennantPark Floating Rate Capital: Slow And Steady 8.76% Yield

Feb 02

PennantPark Floating Rate: A Monthly Dividend Payer On Fair Value

Jan 25

PennantPark Floating Rate Capital Is Set To Underperform

Oct 12

PennantPark Floating Rate: This Overlooked Gem Is A Buy, Here's Why

Jul 29

PennantPark Floating Rate Capital names new finance chief

Jun 21

PennantPark Floating Rate Capital 2021 Q2 - Results - Earnings Call Presentation

May 06

PennantPark Floating Rate Capital: Don't Count Your Chickens Before They Hatch

May 03

PennantPark declares $0.095 dividend

Feb 02

PennantPark declares $0.095 dividend

Jan 05

PennantPark declares $0.095 dividend

Dec 02

2 Dividend Stocks To Buy With Improving Book Values, Both From PennantPark

Nov 29

PennantPark NII beats by $0.01, misses on total investment income

Nov 18

PennantPark Floating Rate Capital: The Market Is Contradicting Itself When It Comes To BDCs

Nov 11

PennantPark declares $0.095 dividend

Nov 03

Shareholder Returns

PFLTUS Capital MarketsUS Market
7D2.0%1.7%0.4%
1Y7.6%32.8%28.8%

Return vs Industry: PFLT underperformed the US Capital Markets industry which returned 33.6% over the past year.

Return vs Market: PFLT underperformed the US Market which returned 29.5% over the past year.

Price Volatility

Is PFLT's price volatile compared to industry and market?
PFLT volatility
PFLT Average Weekly Movement1.9%
Capital Markets Industry Average Movement3.3%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: PFLT has not had significant price volatility in the past 3 months.

Volatility Over Time: PFLT's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2010n/aArt Pennhttps://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

How do PennantPark Floating Rate Capital's earnings and revenue compare to its market cap?
PFLT fundamental statistics
Market capUS$703.79m
Earnings (TTM)US$63.35m
Revenue (TTM)US$145.97m

11.1x

P/E Ratio

4.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PFLT income statement (TTM)
RevenueUS$145.97m
Cost of RevenueUS$0
Gross ProfitUS$145.97m
Other ExpensesUS$82.62m
EarningsUS$63.35m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.03
Gross Margin100.00%
Net Profit Margin43.40%
Debt/Equity Ratio102.0%

How did PFLT perform over the long term?

See historical performance and comparison

Dividends

10.8%

Current Dividend Yield

103%

Payout Ratio
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