Want to see PNNT full AI Analyst Report?
PNNT Stock Chart & Stats
$3.29
$0.05(1.54%)
At close: 4:00 PM EDT
$3.29
$0.05(1.54%)
Day’s Range― - ―
52-Week Range$3.19 - $7.29
Previous CloseN/A
Volume452.25K
Average Volume (3M)760.50K
Market Cap
$243.55M
Enterprise Value$735.26
Total Cash (Recent Filing)$39.25M
Total Debt (Recent Filing)$73.61M
Price to Earnings (P/E)23.6
Beta0.59
Next Earnings
Nov 18, 2026EPS Estimate
0.14Next Dividend Ex-DateN/A
Dividend Yield25.74%
Share Statistics
EPS (TTM)0.16
Shares Outstanding65,296,100
10 Day Avg. Volume642,797
30 Day Avg. Volume760,505
Financial Highlights & Ratios
PEG Ratio-0.40
Price to Book (P/B)0.94
Price to Sales (P/S)5.27
P/FCF Ratio6.63
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.54
Revenue Forecast (FY)$101.36M
Bulls Say, Bears Say
Bulls Say
Strong Cash Generation And CoverageSustained TTM operating and free cash flow of roughly $238M with FCF up ~48% and cash flow covering debt ~3.2x provides durable internal funding. This supports dividend coverage, debt service, and selective reinvestment without relying on volatile capital markets over the next several months.
JV Economics And Lower Funding CostsA large JV ($1.3B) delivering ~15.1% cash yield and material funding-cost reductions creates a structural margin tailwind. Lowered JV cost of capital and scale improve recurring income conversion and provide a modest but persistent boost to PNNT's core NII and distributable cash.
Diversified, Secured, Floating-rate Portfolio With Low NonaccrualsBroad diversification across 159 issuers and 37 industries, a high share of first‑lien secured and floating‑rate loans, and very low nonaccrual marks underpin durable yield and credit resilience. This mix helps protect income in rising-rate and dispersed-credit environments over months.
Bears Say
Spillover And Supplemental Dividend PressureOngoing distribution of undistributed taxable income (spillover) via supplemental dividends depletes NAV and has caused a recent q/q NAV decline. Persisting supplemental payouts can constrain capital available for reinvestment and make reported yields dependent on payout mechanics rather than solely on recurring NII.
Originations Lagging Repayments; Limited Near-term Portfolio GrowthWhen repayments exceed originations and management targets stable leverage, net asset growth is constrained. That structural pacing limits fee income, slows scale benefits from higher-yielding investments, and caps near-term expansion of core NII and distributable cash over the coming 2–6 months.
Multi-year Profit And ROE VolatilityHistoric swings from losses to profits and low returns on equity indicate earnings are cyclical and sensitive to credit and mark conditions. This structural earnings volatility raises the risk that dividends and payout coverage could fluctuate materially through credit cycles, challenging consistency.
Pennantpark Investment News
PNNT FAQ
What was Pennantpark Investment’s price range in the past 12 months?
Pennantpark Investment lowest stock price was $3.19 and its highest was $7.29 in the past 12 months.
What is Pennantpark Investment’s market cap?
Pennantpark Investment’s market cap is $243.55M.
When is Pennantpark Investment’s upcoming earnings report date?
Pennantpark Investment’s upcoming earnings report date is Nov 18, 2026 which is in 86 days.
How were Pennantpark Investment’s earnings last quarter?
Pennantpark Investment released its earnings results on Aug 10, 2026. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.139 by $0.001.
Is Pennantpark Investment overvalued?
According to Wall Street analysts Pennantpark Investment’s price is currently Overvalued.
Does Pennantpark Investment pay dividends?
Pennantpark Investment pays a Monthly dividend of $0.08 which represents an annual dividend yield of 25.74%. See more information on Pennantpark Investment dividends here
What is Pennantpark Investment’s EPS estimate?
Pennantpark Investment’s EPS estimate is 0.14.
How many shares outstanding does Pennantpark Investment have?
Pennantpark Investment has 65,296,100 shares outstanding.
What happened to Pennantpark Investment’s price movement after its last earnings report?
Pennantpark Investment reported an EPS of $0.14 in its last earnings report, beating expectations of $0.139. Following the earnings report the stock price went up 0.798%.
Which hedge fund is a major shareholder of Pennantpark Investment?
Currently, no hedge funds are holding shares in PNNT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Pennantpark Investment Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
― (―)
― (―)
Blogger Sentiment
Bullish
PNNT Sentiment 67%
Sector Average 55%
Sector Average 55%
Hedge Fund Trend
Increased
By 237.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▲ 0.6%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-46.25%
12-Months-Change
Fundamentals
Return on Equity
25.74%
Trailing 12-Months
Asset Growth
0.80%
Trailing 12-Months
Company Description
Pennantpark Investment
PennantPark Investment Corporation operates as a Business Development Company (BDC) and a private equity fund. Its primary focus is on providing direct and mezzanine capital to middle-market companies situated across the United States. The firm deploys capital through a diverse range of instruments, including senior secured loans, mezzanine debt, and various equity stakes (such as common and preferred stock, warrants, and options). It also engages in subordinated debt, first-lien debt, distressed debt securities, and participates in private equity co-investments. PennantPark casts a wide net across numerous sectors. Its portfolio spans traditional industries such as manufacturing, distribution, aerospace, and basic materials; service-oriented sectors like IT, financial, business, and environmental services; and growth areas including technology, telecommunications, healthcare, and energy. It also considers opportunities in real estate, consumer products, media, education, and leisure, among others. The fund typically commits between $10 million and $100 million per portfolio company, covering various layers of the capital structure. For its target companies, it generally looks for an EBITDA ranging from $10 million to $50 million. While the overall investment can be up to $100 million, its specific mezzanine loans, senior secured loans, and similar debt instruments usually fall within the $15 million to $50 million range. Furthermore, PennantPark may engage in non-controlling equity and debt positions.
PNNT Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted several constructive items — coverage of the base dividend by core NII, strong JV economics (15.1% cash yield) and meaningful reductions in JV cost of capital, attractive realizations (14x MOIC on an equity sale), a well-diversified portfolio with low nonaccruals, and a strong long-term track record. Offsetting items include a 2.5% decline in NAV driven by supplemental dividend distributions, a remaining spillover balance ($0.56 per share) that management plans to continue distributing, a $4.4 million net realized/unrealized loss in the quarter, originations being outpaced by repayments with only gradual expected portfolio growth, and sizable equity positions that may take 1–2 years to rotate. Overall, the positives — recurring income cover, JV strength and demonstrable realizations — materially outweigh the headwinds tied largely to dividend distribution mechanics and a few illiquid equity positions.View all PNNT earnings summariesPNNT Stock 12 Month Forecast
Average Price Target
―Technical Analysis
Gladstone Capital
―
Newtek Business
―
Stellus Capital
―
BlackRock TCP Capital
―
CION Investment Corp
―
Ownership Overview
0.55% Insiders
0.60% Mutual Funds
7.06% Other Institutional Investors
87.57% Public Companies and
Individual Investors












