PennantPark Investment Corporation is a business development company. It specializes in direct and mezzanine investments in middle market companies.
Pennantpark Investment stock last closed at $5.60, up 1.27% from the previous day, and has decreased 20.68% in one year. It has underperformed other stocks in the Asset Management industry by 0.17 percentage points. Pennantpark Investment stock is currently +19.15% from its 52-week low of $4.70, and -21.73% from its 52-week high of $7.16.
At the moment, there are 65.22M PNNT shares outstanding. The market value of PNNT is $365.26M. In the past 24 hours, 434,286 PNNT shares were traded.
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After you have chosen the best place to buy Pennantpark Investment stock, it's absolutely critical to research their stock prior to investing, so you truly wrap your head around the risk as well as the upside.
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You can see all of the due diligence checks on PNNT's stock page.
Investors use many financial metrics, analyses, models, and charts to gauge PNNT's intrinsic value.
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You can do additional valuation research on PNNT's stock here.
Out of 2 Equities analysts who track PNNT, the consensus analyst rating on Pennantpark Investment is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Mark Hughes, a top 6% analyst from Truist Securities maintains PNNT with a strong buy rating and lowers their PNNT price target from $8.00 to $7.00, on Feb 13, 2023.
Ryan Lynch, a top 27% analyst from Keefe, Bruyette & Woods downgrades PNNT to a hold rating and lowers their PNNT price target from $7.00 to $5.50, on Feb 9, 2023.
You can dive deeper into what analysts are projecting on the Pennantpark Investment stock forecast page.
Last year, PNNT revenue was $118.59M. Over the last five year, PNNT's revenue has increased by 0.64% per year. This was slower than the Asset Management industry average of 17.12%.
Dig into PNNT's earnings and revenue performance here.
In the last year, insiders at PNNT have bought more shares than they have sold.
Arthur H. Penn, Chairman and CEO of PNNT, was the latest PNNT insider to buy. They bought $134,232.00 worth of PNNT stock on May 18, 2023.
Get more info about who owns PNNT stock here.
Pennantpark Investment pays a dividend of 11.52%, compared to the Asset Management industry's average dividend yield of 6.72%. If you owned $1,000 worth of PNNT stock, you would have received $115.18 last year.
Pennantpark Investment dividend payments have not consistently grown over the past decade and have not remained stable.
Get more data about Pennantpark Investment dividend yield and history here.
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