PNNT
Pennant Park Investment CorpPNNT
PNNT
About: Pennant Park Investment Corp is a closed-end, non-diversified investment company. Its investment objective is to generate current income and capital appreciation also seeking to preserve capital through debt and equity investments. The company focuses on investing in United States middle-market companies that offer attractive risk-reward to investors and to create a diversified portfolio that includes senior secured debt, mezzanine debt, and equity investments. It generates majority of its revenue from interest and dividends received from investments made.
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
921% more call options, than puts
Call options by funds: $1.06M | Put options by funds: $104K
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
5% more capital invested
Capital invested by funds: $99.8M [Q3] → $105M (+$5.22M) [Q4]
3% more funds holding
Funds holding: 115 [Q3] → 119 (+4) [Q4]
3% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 34
0.55% more ownership
Funds ownership: 22.17% [Q3] → 22.72% (+0.55%) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$6
8%
downside
Avg. target
$6
8%
downside
High target
$6
8%
downside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
JP Morgan Melissa Wedel 53% 1-year accuracy 10 / 19 met price target | 8%downside $6 | Neutral Maintained | 24 Apr 2025 |
Financial journalist opinion
Based on 3 articles about PNNT published over the past 30 days
Positive
Benzinga
1 week ago
Wall Street's Most Accurate Analysts Spotlight On 3 Financial Stocks With Over 15% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Neutral
GlobeNewsWire
3 weeks ago
PennantPark Investment Corporation Schedules Earnings Release of Second Fiscal Quarter 2025 Results
MIAMI, April 03, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the second fiscal quarter ended March 31, 2025 on Monday, May 12, 2025 after the close of the financial markets.
Neutral
GlobeNewsWire
4 weeks ago
PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share
MIAMI, April 02, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for April 2025 of $0.08 per share, payable on May 1, 2025 to stockholders of record as of April 15, 2025. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.
Negative
Seeking Alpha
1 month ago
The Moment Of Truth For BDC Dividend Investors Is Close
As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cash flows with less favorable private credit lending environment. I would say that the moment of truth for high quality BDCs is also very close, where we will see how really durable their base dividends are.
Positive
Seeking Alpha
1 month ago
Two 9%+ Dividends Going From Bargains To Screaming Buys
The market has become more volatile. As it is usually the case, higher volatility tends to open interesting opportunity for long-term investors. In this article, I discuss two 9%+ yielding picks, which even before the uncertainty level spiked higher, were bargains, and now have become an even more attractive buys.
Neutral
GlobeNewsWire
1 month ago
PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share
MIAMI, March 04, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for March 2025 of $0.08 per share, payable on April 1, 2025 to stockholders of record as of March 14, 2025. The distribution is expected to be paid from taxable net investment income.
Negative
Seeking Alpha
1 month ago
BDC Dividend Cut Party Has Begun, Here Are Next 2 In Line
BDC Dividend Cut Party Has Begun, Here Are Next 2 In Line
Positive
Seeking Alpha
2 months ago
PennantPark Investment: Dividend Cut May Not Happen After All (Rating Upgrade)
PennantPark Investment's dividend coverage is bolstered by two years' worth of undistributed spillover income, but net investment income remains insufficient to support the base distribution. PNNT's portfolio strategy includes a mix of first lien senior secured investments and equity-based investments, with a growing emphasis on its Joint Venture. Despite a high dividend yield of 13.3%, PNNT's valuation appears expensive given the lack of significant NAV growth and persistent non-accrual issues.
Neutral
Seeking Alpha
2 months ago
PennantPark Investment: My Highest Conviction No-Go In The BDC Space
PennantPark Investment trades at a discount of ~5%. While the discount certainly makes the entry point interesting, the real question is whether the discount is enough to justify the risks. Looking at the underlying fundamentals, I don't see this to be a case.
Neutral
Seeking Alpha
2 months ago
PennantPark Investment Corporation (PNNT) Q1 2025 Earnings Call Transcript
PennantPark Investment Corporation (NYSE:PNNT ) Q1 2025 Earnings Conference Call February 11, 2025 12:00 PM ET Company Participants Art Penn - Chairman & Chief Executive Officer Rick Allorto - Chief Financial Officer Conference Call Participants Mark Hughes - Truist Robert Dodd - Raymond James Brian McKenna - Citizens JMP Paul Johnson - KBW Mickey Schleien - Ladenburg Melissa Wedel - JPMorgan Casey Alexander - Compass Point Operator Good afternoon, and welcome to the PennantPark Investment Corporation's First Fiscal Quarter 2025 Earnings Conference Call. Today's conference is being recorded.
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