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NYSE: PNNT
Pennantpark Investment Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for PNNT

Based on 2 analysts offering 12 month price targets for Pennantpark Investment Corp.
Min Forecast
$5.50-3.51%
Avg Forecast
$6.25+9.65%
Max Forecast
$7.00+22.81%

Should I buy or sell PNNT stock?

Based on 2 analysts offering ratings for Pennantpark Investment Corp.
Buy
Strong Buy
1 analysts 50%
Buy
0 analysts 0%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PNNT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Truist Securities
Top 6%
95
Strong BuyMaintains$7.00+22.81%2023-02-13
Keefe, Bruyette & Woods
Top 28%
73
HoldDowngrades$5.50-3.51%2023-02-09

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Forecast return on equity

Is PNNT forecast to generate an efficient return?
Company
9.34%
Industry
33.25%
Market
14.7%
PNNT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is PNNT forecast to generate an efficient return on assets?
Company
3.81%
Industry
5.94%
PNNT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

PNNT revenue growth forecast

How is PNNT forecast to perform vs Asset Management companies and vs the US market?
Company
2.4%
Industry
14.44%
Market
16.46%
PNNT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PNNT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PNNT vs Asset Management Stocks

TickerPricePrice TargetUp/downsideConsensus
PNNT$5.70$6.25+9.65%Buy
NEWT$14.91$15.00+0.60%Strong Buy
GLAD$9.55N/AN/A
TPVG$11.18$12.00+7.33%Buy
HRZN$12.05$10.50-12.86%Sell
View Top Asset Management Stocks

Pennantpark Investment Stock Forecast FAQ

Is Pennantpark Investment Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: PNNT) stock is to Buy PNNT stock.

Out of 2 analysts, 1 (50%) are recommending PNNT as a Strong Buy, 0 (0%) are recommending PNNT as a Buy, 1 (50%) are recommending PNNT as a Hold, 0 (0%) are recommending PNNT as a Sell, and 0 (0%) are recommending PNNT as a Strong Sell.

If you're new to stock investing, here's how to buy Pennantpark Investment stock.

What is PNNT's forecast return on equity (ROE) for 2023-2024?

(NYSE: PNNT) forecast ROE is 9.34%, which is considered weak.

What is PNNT's Price Target?

According to 2 Wall Street analysts that have issued a 1 year PNNT price target, the average PNNT price target is $6.25, with the highest PNNT stock price forecast at $7.00 and the lowest PNNT stock price forecast at $5.50.

On average, Wall Street analysts predict that Pennantpark Investment's share price could reach $6.25 by Feb 13, 2024. The average Pennantpark Investment stock price prediction forecasts a potential upside of 9.65% from the current PNNT share price of $5.70.

What is PNNT's forecast return on assets (ROA) for 2023-2024?

(NYSE: PNNT) forecast ROA is 3.81%, which is lower than the forecast US Asset Management industry average of 5.94%.
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