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PFLT

PFLT - PennantPark Floating Rate Capital Stock Price, Fair Value and News

11.81USD+0.02 (+0.17%)Market Closed

Market Summary

PFLT
USD11.81+0.02
Market Closed
0.17%

PFLT Alerts

  • 1 major insider buys recently.

PFLT Stock Price

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PFLT RSI Chart

PFLT Valuation

Market Cap

788.1M

Price/Earnings (Trailing)

9.04

Price/Sales (Trailing)

6.08

Price/Free Cashflow

-3.44

PFLT Price/Sales (Trailing)

PFLT Profitability

Return on Equity

12.1%

Return on Assets

5.4%

Free Cashflow Yield

-29.1%

PFLT Fundamentals

PFLT Revenue

Revenue (TTM)

129.7M

Rev. Growth (Yr)

14%

Rev. Growth (Qtr)

-1.86%

PFLT Earnings

Earnings (TTM)

87.2M

Earnings Growth (Yr)

329.53%

Earnings Growth (Qtr)

38.46%

Breaking Down PFLT Revenue

Last 7 days

0.4%

Last 30 days

4.8%

Last 90 days

6.3%

Trailing 12 Months

10.3%

How does PFLT drawdown profile look like?

PFLT Financial Health

PFLT Investor Care

Shares Dilution (1Y)

34.18%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024129.7M000
202391.6M103.6M121.6M127.3M
202290.8M94.8M98.9M86.3M
20210082.7M86.7M

Tracking the Latest Insider Buys and Sells of PennantPark Floating Rate Capital

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 05, 2024
briones jose a
bought
19,892
11.3995
1,745
-
May 30, 2024
allorto richard t jr
bought
113,000
11.3
10,000
cfo and treasurer
May 28, 2024
briones jose a
bought
10,026
11.3298
885
-
May 13, 2024
briones jose a
bought
39,943
11.4779
3,480
-
Feb 17, 2022
flug jeffrey
sold
-
-
-4,000
-
Dec 18, 2020
katz samuel l
sold
-89,747
10.4139
-8,618
-
Dec 17, 2020
katz samuel l
sold
-94,076
10.5361
-8,929
-

1–10 of 43

Which funds bought or sold PFLT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 15, 2024
VOISARD ASSET MANAGEMENT GROUP, INC.
new
-
1,616
1,616
-%
Jul 12, 2024
Hexagon Capital Partners LLC
unchanged
-
40.00
2,885
-%
Jul 12, 2024
Sound Income Strategies, LLC
reduced
-22.92
-8,564,970
30,656,800
1.92%
Jul 12, 2024
OPTIMUM INVESTMENT ADVISORS
unchanged
-
4,609
332,364
0.15%
Jul 09, 2024
MATHER GROUP, LLC.
new
-
125
125
-%
Jul 01, 2024
Legal & General Group Plc
unchanged
-
-328,165
5,184,570
-%
Jun 21, 2024
Cape Investment Advisory, Inc.
sold off
-100
-28,931
-
-%
May 24, 2024
Cetera Investment Advisers
new
-
386,511
386,511
-%
May 20, 2024
Virtu Financial LLC
new
-
254,000
254,000
0.02%
May 16, 2024
COMERICA BANK
unchanged
-
-4,136
65,378
-%

1–10 of 47

Are Funds Buying or Selling PFLT?

Are funds buying PFLT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PFLT
No. of Funds

Recent SEC filings of PennantPark Floating Rate Capital

View All Filings
Date Filed Form Type Document
Jul 15, 2024
N-2/A
N-2/A
Jul 12, 2024
8-K
Current Report
Jul 03, 2024
8-K
Current Report
Jul 02, 2024
8-K
Current Report
Jun 21, 2024
N-2/A
N-2/A
Jun 11, 2024
4
Insider Trading
Jun 04, 2024
8-K
Current Report
Jun 04, 2024
8-K
Current Report
Jun 03, 2024
4
Insider Trading
Jun 03, 2024
4
Insider Trading

Peers (Alternatives to PennantPark Floating Rate Capital)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
125.4B
18.3B
9.70% 15.94%
21.19
6.84
5.32% 20.80%
97.9B
10.3B
12.98% 31.23%
45.48
9.48
116.39% 249.10%
49.2B
22.8B
12.05% 49.31%
14.74
2.16
107.23% 19.99%
45.8B
3.5B
11.56% 46.57%
109.79
13
11.80% 101.41%
12.6B
8.1B
9.80% -17.06%
14.03
1.56
2.98% 5.84%
MID-CAP
7.4B
5.8B
13.19% -6.36%
-21.98
1.28
-1.10% -153.42%
4.9B
2.0B
15.82% 9.15%
7.18
2.42
-8.91% -39.33%
4.1B
486.3M
15.22% 27.89%
32.06
8.42
-9.75% -22.27%
3.9B
-
2.03% -0.33%
14.16
-
- 7.16%
3.5B
1.0B
8.79% 2.70%
15.07
3.46
6.21% 20.27%
2.6B
725.3M
0.88% 10.39%
17.86
3.54
14.46% 46.40%
SMALL-CAP
1.2B
250.6M
26.75% -10.90%
-457.8
4.65
18.02% -111.57%
942.2M
440.5M
11.24% -
13.77
2.14
11.01% -22.97%
16.9M
770.8M
1.23% -48.91%
-3.9
0.02
10.81% -208.39%
685.9K
26.0M
-5.21% -11.50%
0.02
0.03
73.17% 323.95%

PennantPark Floating Rate Capital News

Latest updates
Sure Dividend11 Jul 202407:00 am
TipRanks04 Jun 202409:09 pm

PennantPark Floating Rate Capital Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q3
Revenue-1.9%19,08819,44953,44137,71316,74413,73235,41225,72911,38326,335-
Costs and Expenses------17,606---13,614-
  S&GA Expenses27.0%1,255988-1,5461,134705706-1,134655655144-
Interest Expenses-11.1%9,49510,6855,74212,1466,82411,5945,4819,2543,4257,931-
Income Taxes462.5%900160-525-5.00-1,3908241,550183-
Net Income38.5%31,11122,46928,0465,5937,243-1,620-13,141-5,0857,24814,433-
Net Income Margin35.2%0.67*0.50*0.32*-0.02*-0.14*-0.15*0.03*0.60*0.62*0.65*0.68*
Free Cashflow5.1%-172,629-181,92175,20046,93312,1526,27765,000-9,548-19,645-82,386-
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32021Q3
Assets18.9%1,6161,3591,1801,1831,2241,2271,2271,171
    Cash Equivalents65.2%12576.0010159.0050.0053.0051.0050.00
Liabilities27.7%895701526575670713700680
Shareholder's Equity9.5%721658654608555514527491
  Retained Earnings11.5%-94.94-107-111-122-112-105-90.98-48.24
  Additional Paid-In Capital6.6%816765765731667619618539
Shares Outstanding7.7%63.0059.0059.0056.0050.0045.0045.0039.00
Float-----515---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32020Q3
Cashflow From Operations5.1%-172,629-181,92175,20050,0539,0326,27765,000-9,548-19,645-82,386--
Cashflow From Financing41.3%222,066157,175-37,345-38,009-13,447-2,731-54,0511298,43093,188--
  Dividend Payments1.6%18,35718,06117,53914,92013,35612,92412,16311,66611,16011,078--
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PFLT Income Statement

2024-03-31
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Investment income:    
Total investment income$ 44,354$ 34,554$ 82,327$ 65,891
Expenses:    
Interest and expenses on debt14,6889,75223,63019,610
Performance-based incentive fee4,7674,1869,6307,619
Base management fee3,4242,8736,3755,804
General and administrative expenses1,2557052,2431,410
Administrative services expenses5851441,211288
Expenses before provision for taxes24,71917,66043,08934,731
Provision for taxes on net investment income547150701684
Total expenses25,26617,81043,79035,415
Net investment income19,08816,74438,53730,476
Net realized gain (loss) on:    
Provision for taxes on realized gain on investments0(300)0(300)
Net realized gain (loss) on investments4,010(7,818)921(7,755)
Net change in unrealized appreciation (depreciation) on:    
Provision for taxes on unrealized appreciation (depreciation) on investments2303,6542302,929
Debt (appreciation) depreciation39(1,158)(23)909
Net change in unrealized appreciation (depreciation) on investments and debt8,013(1,683)14,121(17,098)
Net realized and unrealized gain (loss) from investments and debt12,023(9,501)15,042(24,853)
Net increase (decrease) in net assets resulting from operations$ 31,111$ 7,243$ 53,579$ 5,623
Net increase (decrease) in net assets resulting from operations per common share (See Note 7)$ 0.51$ 0.15$ 0.89[1]$ 0.12[1]
Net investment income per common share$ 0.31$ 0.35$ 0.64[1]$ 0.65[1]
Non-controlled, Non-affiliated Investments    
Investment income:    
Interest$ 30,470$ 22,717$ 54,238$ 43,452
Dividend5776351,0851,212
Other income1,2685863,031727
Net realized gain (loss) on:    
Investments4,010(7,518)921(7,455)
Net change in unrealized appreciation (depreciation) on:    
Net change in unrealized appreciation (depreciation) on Investments3,278(2,561)8,506(15,254)
Non-controlled and Controlled, Affiliated Investments    
Net realized gain (loss) on:    
Investments0000
Net change in unrealized appreciation (depreciation) on:    
Net change in unrealized appreciation (depreciation) on Investments4,466(1,618)5,408(5,682)
Controlled, Affiliated Investments    
Investment income:    
Interest8,3207,64116,75414,550
Dividend$ 3,719$ 2,975$ 7,219$ 5,950
[1]Based on the weighted average shares outstanding for the respective periods.
PFLT
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.
0
 CEO
 WEBSITEhttps://pflt.pennantpark.com
 INDUSTRYAsset Management

PennantPark Floating Rate Capital Frequently Asked Questions


What is the ticker symbol for PennantPark Floating Rate Capital? What does PFLT stand for in stocks?

PFLT is the stock ticker symbol of PennantPark Floating Rate Capital. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of PennantPark Floating Rate Capital (PFLT)?

As of Tue Jul 16 2024, market cap of PennantPark Floating Rate Capital is 788.06 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PFLT stock?

You can check PFLT's fair value in chart for subscribers.

What is the fair value of PFLT stock?

You can check PFLT's fair value in chart for subscribers. The fair value of PennantPark Floating Rate Capital is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of PennantPark Floating Rate Capital is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PFLT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is PennantPark Floating Rate Capital a good stock to buy?

The fair value guage provides a quick view whether PFLT is over valued or under valued. Whether PennantPark Floating Rate Capital is cheap or expensive depends on the assumptions which impact PennantPark Floating Rate Capital's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PFLT.

What is PennantPark Floating Rate Capital's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Jul 16 2024, PFLT's PE ratio (Price to Earnings) is 9.04 and Price to Sales (PS) ratio is 6.08. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PFLT PE ratio will change depending on the future growth rate expectations of investors.