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Market Cap 561.97M P/E - EPS this Y -4.50% Ern Qtrly Grth 202.50%
Income 98.55M Forward P/E 8.76 EPS next Y -1.60% 50D Avg Chg 5.00%
Sales 166.56M PEG - EPS past 5Y 3.75% 200D Avg Chg 4.00%
Dividend 10.00% Price/Book 1.01 EPS next 5Y - 52W High Chg -15.00%
Recommedations 2.60 Quick Ratio 2.32 Shares Outstanding 73.42M 52W Low Chg 20.00%
Insider Own 1.12% ROA 5.44% Shares Float - Beta 1.67
Inst Own 22.16% ROE 13.83% Shares Shorted/Prior 0.93M/0.99M Price 11.30
Gross Margin 100.00% Profit Margin 59.16% Avg. Volume 739,370 Target Price 11.67
Oper. Margin 77.91% Earnings Date Nov 13 Volume 295,509 Change -0.09%
About PennantPark Floating Rate Capit

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.

PennantPark Floating Rate Capit News
11/04/24 PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
10/03/24 PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Fourth Fiscal Quarter 2024 Results
08/07/24 PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Quarter Ended June 30, 2024
07/26/24 PennantPark Floating Rate Capital Ltd Completes the Reset and Upsize of its $351.0 Million CLO I
07/03/24 PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Third Fiscal Quarter 2024 Results
06/10/24 Implied Volatility Surging for PennantPark Floating Rate Capital (PFLT) Stock Options
06/04/24 PennantPark Floating Rate Capital Ltd. Upsizes Credit Facility to $611 Million
03:40 PM PennantPark Floating Rate Capital Ltd.’s Unconsolidated Joint Venture, PennantPark Senior Secured Loan Fund I LLC Completes the Refinancing of $300.7 Million CLO, Marking Continued Support of PennantPark’s Middle Market CLO Platform
05/08/24 PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Quarter Ended March 31, 2024
04/03/24 PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Second Fiscal Quarter 2024 Results
02/22/24 PennantPark Floating Rate Capital Ltd. Completes CLO, Marking Continued Growth in PennantPark’s CLO Platform
02/15/24 Down -5.42% in 4 Weeks, Here's Why You Should You Buy the Dip in PennantPark (PFLT)
02/09/24 PennantPark (PFLT) Upgraded to Buy: Here's What You Should Know
02/07/24 PennantPark Floating Rate Capital Ltd. Announces Financial Results for the First Quarter Ended December 31, 2023
01/04/24 PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of First Fiscal Quarter 2024 Results
PFLT Chatroom

User Image Cloudburn Posted - 6 days ago

$PFLT is this too expensive?

User Image WokeNSyde Posted - 1 week ago

$PFLT should I ?

User Image WSB_Autists Posted - 1 week ago

$PFLT really tempting, even with my average of $11.10

User Image 9ForMyLostGod Posted - 1 week ago

@makingfranklins Nah dog, this is a case of fool me once, shame on you...fool me twice, shame on me. Better options elsewhere $PFLT, $PNNT, $SCM, $GLAD or basically any CEF or high-div ETF

User Image 9ForMyLostGod Posted - 1 week ago

@TwistedT HRZN & PSEC are my two biggest losers of the year as well. I've had luck with the Eaton Vance tax-managed CEF's as well as $PFLT $PNNT $GLAD and $SCM The PIMCO CEF's are good too but make sure you buy them at a discount to NAV. The CEF Connect website is your friend.

User Image WSB_Autists Posted - 1 week ago

$GSBD ok, you lil cash cow, now you are my second largest BDC after $PFLT . There is one thing only you have to do and we all know what it is - 0.45$ per share, every quarter as you did in the past decade.

User Image WSB_Autists Posted - 2 weeks ago

$PFLT missed the last one, I'm not missing this one. Top monthly BDC here.

User Image joe209 Posted - 2 weeks ago

$PFLT caught the dip!

User Image clat99 Posted - 2 weeks ago

$PFLT FREE MONEY!!!!

User Image CaughtOnChristmas Posted - 10/29/24

$PFLT If you read the 8-K then you know as of Sept 30, 2024 net asset value per share is $11.28-$11.33 so it's trading right where it should be. If you need to average down or simply want to add to this high dividend payer then now is a good time to do it.

User Image LoadupNancy Posted - 10/29/24

$PFLT large sell today by someone

User Image sekgs34 Posted - 10/27/24

@CosmicCosmos lol the reason i stick w/ platinum honors with bank of america is for the credit card incentives. 75% boost is alot. and why would anyone keep 225k in a regular savings account. i dont even have a regular 4% savings account with a fintech bank, i own $PFLT for a stable 10-12% dividend for over a decade and stock is basically flat. has never cut their divi not even during the pandemic.

User Image mrob9 Posted - 10/22/24

$PFLT What happened here?

User Image clat99 Posted - 10/22/24

$PFLT time to buy

User Image Felo3179 Posted - 10/22/24

$PFLT 🙁🙁😕😭😭

User Image passagrass Posted - 1 month ago

$PFLT better than your ex's mlm

User Image ch0ng0 Posted - 1 month ago

$PFLT trying to play this long. I keep thinking there’s going to be some opportunities here. Really like the monthly.

User Image machineman Posted - 1 month ago

$PFLT Wants 12

User Image vcd103 Posted - 1 month ago

$PFLT Ty. Just found this in the previous report related to default risk.. wanted to share Three portfolio companies remained on non-accrual, affecting 1.1% of portfolio value.

User Image ch0ng0 Posted - 1 month ago

$PFLT been putting a little bit in for a minute seems good my average is under 11. Not much capital growth but they pay each month.

User Image vcd103 Posted - 1 month ago

$PFLT anyone know risks for this stock besides interest rates.. especially dividend payout?

User Image Angelitoo Posted - 1 month ago

$PFLT This will get us rich

User Image machineman Posted - 1 month ago

$PFLT Interesting. 1% bump from divi reinvest?

User Image clat99 Posted - 09/28/24

$PFLT FREE MONEY COMING UP!!!

User Image Angelitoo Posted - 2 months ago

$PFLT DIVVY SOON 😎

User Image CaughtOnChristmas Posted - 2 months ago

$PFLT I'm getting $500+ a month

User Image credit_optrade Posted - 2 months ago

$PFLT all data chart. it's just ok so far. but not bad either...market

User Image machineman Posted - 2 months ago

$PFLT

User Image clat99 Posted - 2 months ago

$PFLT Free Money!!!

User Image passagrass Posted - 2 months ago

$PFLT

Analyst Ratings
Maxim Group Buy Aug 12, 24
JMP Securities Market Outperform Jul 30, 24
JMP Securities Market Outperform Mar 26, 24
JMP Securities Market Outperform Jan 18, 24
UBS Neutral Jun 8, 23
JMP Securities Market Outperform May 15, 23
JMP Securities Market Outperform Mar 13, 23
Truist Securities Buy Feb 13, 23
JMP Securities Market Outperform May 16, 22