PennantPark Floating Rate Capital Ltd PFLT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
-
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Second Fiscal Quarter 2024 Results
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PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
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PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
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PennantPark Floating Rate Capital Ltd. Completes CLO, Marking Continued Growth in PennantPark’s CLO Platform
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PennantPark Floating Rate Capital Ltd. Announces Financial Results for the First Quarter Ended December 31, 2023
Trading Information
- Previous Close Price
- $11.30
- Day Range
- $11.25–11.47
- 52-Week Range
- $9.69–12.63
- Bid/Ask
- $11.36 / $11.43
- Market Cap
- $701.33 Mil
- Volume/Avg
- 779,012 / 658,115
Key Statistics
- Price/Earnings (Normalized)
- 9.56
- Price/Sales
- 4.64
- Dividend Yield (Trailing)
- 10.79%
- Dividend Yield (Forward)
- 10.81%
- Total Yield
- 10.79%
Company Profile
PennantPark Floating Rate Capital Ltd is a closed-end, externally managed, non-diversified investment company. Its investment objectives are to generate current income and capital appreciation by investing in Floating Rate Loans and other investments made to U.S. middle-market companies. The company believes that Floating Rate Loans to U.S. middle-market companies offer attractive risk-reward to investors due to the limited amount of capital available for such companies and the potential for rising interest rates. The company generate revenue in the form of interest income on the debt securities and dividends.
- Sector
- Financial Services
- Industry
- Asset Management
- Stock Style Box
- Small Value
- Total Number of Employees
- —
- Website
- https://www.pennantpark.com
Comparables
Valuation
Metric
|
PFLT
|
MSCF
|
PNNT
|
---|---|---|---|
Price/Earnings (Normalized) | 9.56 | 8.21 | 9.46 |
Price/Book Value | 1.02 | 0.76 | 0.92 |
Price/Sales | 4.64 | 3.30 | 3.48 |
Price/Cash Flow | — | 9.82 | 9.83 |
Price/Earnings
PFLT
MSCF
PNNT
Financial Strength
Metric
|
PFLT
|
MSCF
|
PNNT
|
---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
Metric
|
PFLT
|
MSCF
|
PNNT
|
---|---|---|---|
Return on Assets (Normalized) | 5.13% | 5.53% | 4.06% |
Return on Equity (Normalized) | 10.60% | 10.18% | 9.78% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
PFLT
MSCF
PNNT
Asset Management Industry Comparables
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