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How to Buy Portman Ridge Finance Stock

Portman Ridge Finance Corp

Portman Ridge Finance Corporation is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, buyout in middle market companies.

Portman Ridge Finance stock last closed at $18.70, up 0.38% from the previous day, and has decreased 10.01% in one year. It has underperformed other stocks in the Asset Management industry by 0.35 percentage points. Portman Ridge Finance stock is currently +14.94% from its 52-week low of $16.27, and -11.79% from its 52-week high of $21.20.

As of Mar 27, 2024, there are 9.34M shares of PTMN outstanding. The market cap of PTMN is $174.63M. In the past 24 hours, 19,012 PTMN shares were traded.

How to Buy Portman Ridge Finance Stock

Not sure how to invest in Portman Ridge Finance stock? Here's how.
  1. Figure out where to buy Portman Ridge Finance stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Portman Ridge Finance stock.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Choose your method of payment and add your details.
  4. Evaluate Portman Ridge Finance stock: The Portman Ridge Finance ticker symbol is PTMN. Is Portman Ridge Finance stock a good investment? Should you buy shares of PTMN? How do PTMN's underlying business fundamentals look? Do top analysts think Portman Ridge Finance is a good buy? Why has PTMN's stock price moved recently? (Hint: Our stock analysis website can help you understand if PTMN is a good stock to buy).
  5. Execute your PTMN buy order: Decide if you will purchase PTMN shares at the current market price or use a limit order to purchase PTMN stock at a specific price.
  6. Keep an eye on your PTMN position: Create a watchlist to important notifications about your new investment in Portman Ridge Finance shares.

Step 1: Figure out where to buy Portman Ridge Finance stock

You need a brokerage account to access the NASDAQ market and buy PTMN stock.

A brokerage account allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've picked your brokerage, the next step is to fill out some personal details so you can invest in PTMN stock today.

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Step 3: Deposit money your brokerage account

Now that you have created your account on apps for stock market, you can securely and quickly fund your account:

Check out the walkthrough below to see the process of depositing money into your new investment account.

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Step 4: Evaluate Portman Ridge Finance stock

Once you have decided on the best place to buy Portman Ridge Finance stock, it's important to evaluate their stock prior to buying, so you truly wrap your head around the risk as well as the upside.

Portman Ridge Finance stock data

PTMN Price
$18.70
1w %
-3.31%
1y %
-10.01%
5y %
-47.91%
P/E
15.58x
P/B
0.82x
P/S
2.33x
PEG
N/A
Revenue
$76.32M
Earnings
$11.38M
Fore. Rev. Growth
-10.38%
Fore. Earn. Growth
N/A
Market Cap
$174.63M
Next Earnings
May 8, 2024
Next Dividend
Apr 2, 2024

Fundamentals of Portman Ridge Finance

WallStreetZen was built to help everyday investors perform better fundamental analysis quickly.

You can see all of the due diligence checks on PTMN's stock page.

Is PTMN stock overvalued?

You can use many financial metrics, analyses, models, and charts to gauge PTMN's fair value.

Using relative valuations methods:

  • PTMN may be undervalued based on its P/E ratio of 15.58x, relative to Asset Management industry P/E ratio of 32.02x
  • PTMN could be undervalued based on its P/B ratio of 0.82x, relative to Asset Management industry P/B ratio of 2.45x

You can do more valuation research on PTMN's stock here.

PTMN Financial Health Overview

Positive Financial Indicators:

  • PTMN's operating cash flow of $120.90M allows it to safely service it's debt of $322.41M.
  • PTMN profit margin has gone up from -30.2% to 14.9% in the past year.

Negative Financial Indicators:

  • Total PTMN debt is higher than 5 years ago, relative to shareholder equity.
  • PTMN has a relatively high debt to equity ratio of 1.57.
  • PTMN earnings of $36.69M is not sufficient to cover its interest payments.

Is it a good time to buy Portman Ridge Finance stock, according to analysts?

Out of 2 Equities analysts who give ratings on PTMN, the consensus analyst rating on PTMN is a Hold

Please note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Portman Ridge Finance stock forecast page.

PTMN Momentum

SMA10
18.97
SMA20
18.85
SMA50
18.73
SMA100
18.08
SMA200
18.79
MACD
0.06
MACD Signal
0.11
MACD Histogram
-0.05
RSI
47.46
Stochastic %K
21.08
Stochastic %D
28.87
StochRSI %K
3.19
StochRSI %D
12.63

PTMN Earnings

Last year, PTMN earnings were $11.38M. During the past 3 year, PTMN's earnings have increased by -93.22% per year. This was slower than the Asset Management industry average of 7.13%.

Last year, PTMN revenue was $76.32M. During the past five year, PTMN's revenue has grown by 23.02% per year. This was faster than the Asset Management industry average of 20.13%.

You can research PTMN's earnings and revenue performance here.

Are PTMN insiders buying or selling the stock?

Over the past 12 months, executives and large shareholders at PTMN have sold more shares than they have bought.

Repertoire Partners LP, 10% Owner of PTMN, was the latest PTMN insider to sell. They sold $626,789.10 worth of PTMN shares on Nov 16, 2023.

Get more info about who owns PTMN shares here.

Does PTMN stock generate passive income?

Portman Ridge Finance pays a dividend of 14.76%, compared to the Asset Management industry's average dividend yield of 6.91%. If you owned $1,000 worth of PTMN stock, you would have been paid $147.59 in the past 12 months.

Portman Ridge Finance dividend payments have consistently grown over the past decade but have not remained stable.

Dig into more analysis about Portman Ridge Finance dividend yield and history here.

What do other traders have to say about PTMN?

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Step 5: Execute your PTMN buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount limit, use a limit order.

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Step 6: Keep an eye on your PTMN position

Now that you own some PTMN shares, you'll want to stay up-to-date on your shares.

Add PTMN to a watchlist to track the latest developments regarding your PTMN stock.

PTMN Feed

How to Buy Stock in Portman Ridge Finance

To reiterate, here are the 6 steps to buy stock in Portman Ridge Finance:

  1. Figure out where to buy Portman Ridge Finance stock
  2. Open your brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Portman Ridge Finance stock
  5. Execute your PTMN buy order
  6. Keep an eye on your PTMN position

If you are looking for a online brokerage, eToro is our recommended venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your new investment in Portman Ridge Finance, click the button below.

NASDAQ: PTMN
$18.70+0.07 (+0.38%)
Updated Mar 27, 2024
Open eToro Account
NASDAQ: PTMN
$18.70+0.07 (+0.38%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Portman Ridge Finance share?

As of Mar 27, 2024, it costs $18.70 to buy one share of Portman Ridge Finance stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $9, you can buy 0.481 shares of PTMN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Portman Ridge Finance stock?

According to 2 Wall Street analysts who monitor Portman Ridge Finance, their consensus recommendation is to hold Portman Ridge Finance stock.

What is the best way to buy Portman Ridge Finance stock?

One way to place an order for Portman Ridge Finance stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.