PNNT

Pennant Park Investment Corp

6.81 USD
+0.10
1.49%
At close May 16, 4:00 PM EDT
After hours
6.87
+0.06
0.88%
1 day
1.49%
5 days
2.41%
1 month
9.84%
3 months
-4.76%
6 months
-3.13%
Year to date
-3.95%
1 year
-6.71%
5 years
127.76%
10 years
-28.99%
 

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
12%
downside
Avg. target
$6
12%
downside
High target
$6
12%
downside

1 analyst rating

positive
0%
neutral
100%
negative
0%
JP Morgan
Melissa Wedel
57% 1-year accuracy
8 / 14 met price target
12%downside
$6
Neutral
Maintained
24 Apr 2025

Financial journalist opinion

Based on 8 articles about PNNT published over the past 30 days

Neutral
Seeking Alpha
1 day ago
PennantPark Investment: Q2 Earnings Indicate Continued Weakness
PennantPark Investment reported disappointing Q2 earnings with declining net investment income and NAV, leading to a hold rating due to insufficient distribution support. PNNT's price fell 8.6% over the past year, with total returns barely positive at 2.4%, despite a high dividend yield of 14.7%. New investments of $176.8M were outpaced by $263.1M in sales and repayments, indicating a need for more capital allocation to new investments.
PennantPark Investment: Q2 Earnings Indicate Continued Weakness
Neutral
Seeking Alpha
3 days ago
PennantPark Investment Corporation (PNNT) Q1 2025 Earnings Conference Call Transcript
PennantPark Investment Corporation (NYSE:PNNT ) Q1 2025 Earnings Conference Call May 13, 2025 12:00 PM ET Company Participants Art Penn - Chairman & CEO Rick Allorto - CFO Conference Call Participants Maxwell Fritscher - Truist Melissa Wedel - JPMorgan Operator Good afternoon and welcome to the PennantPark Investment Corporation's Second Fiscal Quarter 2025 Earnings Conference Call. Today's conference is being recorded.
PennantPark Investment Corporation (PNNT) Q1 2025 Earnings Conference Call Transcript
Positive
Zacks Investment Research
4 days ago
PennantPark (PNNT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for PennantPark (PNNT) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
PennantPark (PNNT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Negative
Zacks Investment Research
4 days ago
PennantPark (PNNT) Q2 Earnings and Revenues Miss Estimates
PennantPark (PNNT) came out with quarterly earnings of $0.18 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.22 per share a year ago.
PennantPark (PNNT) Q2 Earnings and Revenues Miss Estimates
Neutral
GlobeNewsWire
4 days ago
PennantPark Investment Corporation Announces Financial Results for the Quarter Ended March 31, 2025
MIAMI, May 12, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today its financial results for the second quarter ended March 31, 2025.
PennantPark Investment Corporation Announces Financial Results for the Quarter Ended March 31, 2025
Positive
Zacks Investment Research
1 week ago
3 SBIC & Commercial Finance Stocks to Buy Despite Industry Challenges
Relatively higher rates and muted economic growth will affect demand for personalized financing. Yet, Zacks SBIC & Commercial Finance industry players like BCSF, PNNT and SCM are worth considering.
3 SBIC & Commercial Finance Stocks to Buy Despite Industry Challenges
Neutral
GlobeNewsWire
2 weeks ago
PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share
MIAMI, May 02, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the “Company”) (NYSE: PNNT) declares its monthly distribution for May 2025 of $0.08 per share, payable on June 2, 2025 to stockholders of record as of May 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.
PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share
Positive
Benzinga
4 weeks 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.
Wall Street's Most Accurate Analysts Spotlight On 3 Financial Stocks With Over 15% Dividend Yields
Neutral
GlobeNewsWire
1 month 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.
PennantPark Investment Corporation Schedules Earnings Release of Second Fiscal Quarter 2025 Results
Neutral
GlobeNewsWire
1 month 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.
PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share
Charts implemented using Lightweight Charts™