PFLT Stock Price, PennantPark Floating Rate Capital Quote, Chart

Market Summary

USD11.39-0.01

Delayedas of 15 May 2024, 10:07 am

-0.09%

PFLT Alerts

Big jump in Earnings (Y/Y)

PFLT Stock Price

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PFLT RSI Chart

PFLT Valuation

Market Cap

760.7M

Price/Earnings (Trailing)

8.72

Price/Sales (Trailing)

5.87

Price/Free Cashflow

-3.27

PFLT Price/Sales (Trailing)

PFLT Profitability

Return on Equity

12.1%

Return on Assets

5.4%

Free Cashflow Yield

-30.55%

PFLT Fundamentals

PFLT Revenue

Revenue (TTM)

129.7M

Rev. Growth (Yr)

14%

Rev. Growth (Qtr)

-1.86%

PFLT Earnings

Earnings (TTM)

87.2M

Earnings Growth (Yr)

329.53%

Earnings Growth (Qtr)

38.46%

Breaking Down PFLT Revenue

52 Week Range

10.2611.47

(Low)(High)

Last 7 days

-1.9%

Last 30 days

2.1%

Last 90 days

2.0%

Trailing 12 Months

4.2%

How does PFLT drawdown profile look like?

PFLT Financial Health

PFLT Investor Care

Shares Dilution (1Y)

34.18%

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	129.7M	0	0	0
2023	91.6M	103.6M	121.6M	127.3M
2022	90.8M	94.8M	98.9M	86.3M
2021	0	0	82.7M	86.7M

Get all data in R, Python etc through our Historical Stock Data APIs

Which funds bought or sold PFLT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 13, 2024	ENVESTNET ASSET MANAGEMENT INC	added	2.93	-4,207	127,575	-%
May 13, 2024	BEACON INVESTMENT ADVISORS LLC	added	12.86	9,384	162,106	0.09%
May 13, 2024	FMR LLC	sold off	-100	-12.00	-	-%
May 13, 2024	XTX Topco Ltd	added	130	151,554	281,302	0.04%
May 13, 2024	Jump Financial, LLC	new	-	760,104	760,104	0.02%
May 13, 2024	Muzinich & Co., Inc.	unchanged	-	-	676,100	0.45%
May 13, 2024	Gratus Capital, LLC	unchanged	-	-7,200	113,800	-%
May 13, 2024	UBS Group AG	reduced	-19.08	-434,436	1,384,010	-%
May 13, 2024	NATIXIS	unchanged	-	-11,445	219,756	-%
May 13, 2024	DELTA ASSET MANAGEMENT LLC/TN	unchanged	-	-679	10,731	-%

Are Funds Buying or Selling PFLT?

Are funds buying PFLT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PFLT

No. of Funds

PFLT Alerts

Big jump in Earnings (Y/Y)

Recent SEC filings of PennantPark Floating Rate Capital

View All Filings

Date Filed	Form Type	Document
May 08, 2024	8-K	Current Report
May 08, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
Apr 18, 2024	8-K	Current Report
Apr 03, 2024	8-K	Current Report
Apr 02, 2024	8-K	Current Report
Mar 04, 2024	8-K	Current Report
Feb 27, 2024	8-K	Current Report
Feb 09, 2024	8-K	Current Report
Feb 08, 2024	8-K	Current Report

Peers (Alternatives to PennantPark Floating Rate Capital)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BLK	119.3B	18.3B	5.19%	24.55%	20.16	6.51	5.32%	20.80%
BX	90.0B	10.3B	2.03%	51.55%	41.83	8.72	116.39%	249.10%
ARES	44.9B	3.6B	10.32%	74.02%	94.61	12.63	12.70%	183.11%
BK	43.6B	19.6B	5.99%	43.37%	13.07	2.22	78.39%	20.24%
BEN	12.9B	8.1B	-3.86%	-0.33%	14.3	1.59	2.98%	5.84%
MID-CAP
IVZ	7.2B	5.8B	4.30%	5.19%	-21.34	1.25	-1.10%	-153.42%
AMG	5.1B	2.0B	-1.94%	11.84%	7.36	2.48	-8.91%	-39.33%
AB	3.9B	-	1.06%	-1.67%	14.09	-	-	7.16%
APAM	3.7B	1.0B	5.13%	41.97%	15.92	3.66	6.21%	20.27%
CNS	3.6B	486.3M	2.67%	31.69%	28.41	7.46	-9.75%	-22.27%
AMK	2.5B	722.2M	-5.92%	20.93%	17.57	3.5	12.85%	46.40%
SMALL-CAP
PX	957.9M	250.6M	8.19%	-17.38%	-364.28	3.82	18.02%	-111.85%
BSIG	867.1M	440.5M	2.77%	-	12.68	1.97	11.01%	-22.97%
AINC	16.6M	770.8M	2.11%	-54.04%	-3.82	0.02	10.81%	-208.39%
AC	729.1K	25.3M	5.03%	-8.46%	0.02	0.03	137.10%	176.58%

PennantPark Floating Rate Capital News

Latest updates

PennantPark Floating Rate Capital Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)											(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Revenue	-1.9%	19,088	19,449	53,441	37,713	16,744	13,732	35,412	25,729	11,383	26,335	-
Costs and Expenses	-	-	-	-	-	-	17,606	-	-	-	13,614	-
S&GA Expenses	-100.0%	-	988	-1,546	1,134	705	706	-1,134	655	655	144	-
Interest Expenses	-11.1%	9,495	10,685	5,742	12,146	6,824	11,594	5,481	9,254	3,425	7,931	-
Income Taxes	462.5%	900	160	-	525	-	5.00	-1,390	824	1,550	183	-
Net Income	38.5%	31,111	22,469	28,046	5,593	7,243	-1,620	-13,141	-5,085	7,248	14,433	-
Net Income Margin	35.2%	0.67*	0.50*	0.32*	-0.02*	-0.14*	-0.15*	0.03*	0.60*	0.62*	0.65*	0.68*
Free Cashflow	5.1%	-172,629	-181,921	75,200	46,933	12,152	6,277	65,000	-9,548	-19,645	-82,386	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet								(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2021Q3
Assets	18.9%	1,616	1,359	1,180	1,183	1,224	1,227	1,227	1,171
Cash Equivalents	65.2%	125	76.00	101	59.00	50.00	53.00	51.00	50.00
Liabilities	27.7%	895	701	526	575	670	713	700	680
Shareholder's Equity	9.5%	721	658	654	608	555	514	527	491
Retained Earnings	11.5%	-94.94	-107	-111	-122	-112	-105	-90.98	-48.24
Additional Paid-In Capital	6.6%	816	765	765	731	667	619	618	539
Shares Outstanding	7.7%	63.00	59.00	59.00	56.00	50.00	45.00	45.00	39.00
Float	-	-	-	-	-	515	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)												(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2020Q3
Cashflow From Operations	5.1%	-172,629	-181,921	75,200	46,933	12,152	6,277	65,000	-9,548	-19,645	-82,386	-	-
Cashflow From Financing	41.3%	222,066	157,175	-37,345	-38,009	-13,447	-2,731	-54,051	129	8,430	93,188	-	-
Dividend Payments	-100.0%	-	18,061	17,539	14,920	13,356	12,924	12,163	11,666	11,160	11,078	-	-

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PFLT Income Statement

2024-03-31

Consolidated Statements of Operations - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Mar. 31, 2024

Mar. 31, 2023

Investment income:

Total investment income

$ 44,354

$ 34,554

$ 82,327

$ 65,891

Expenses:

Interest and expenses on debt

14,688

9,752

23,630

19,610

Performance-based incentive fee

4,767

4,186

9,630

7,619

Base management fee

3,424

2,873

6,375

5,804

General and administrative expenses

1,255

705

2,243

1,410

Administrative services expenses

585

144

1,211

288

Expenses before provision for taxes

24,719

17,660

43,089

34,731

Provision for taxes on net investment income

547

150

701

684

Total expenses

25,266

17,810

43,790

35,415

Net investment income

19,088

16,744

38,537

30,476

Net realized gain (loss) on:

Provision for taxes on realized gain on investments

0

(300)

0

(300)

Net realized gain (loss) on investments

4,010

(7,818)

921

(7,755)

Net change in unrealized appreciation (depreciation) on:

Provision for taxes on unrealized appreciation (depreciation) on investments

230

3,654

230

2,929

Debt (appreciation) depreciation

39

(1,158)

(23)

909

Net change in unrealized appreciation (depreciation) on investments and debt

8,013

(1,683)

14,121

(17,098)

Net realized and unrealized gain (loss) from investments and debt

12,023

(9,501)

15,042

(24,853)

Net increase (decrease) in net assets resulting from operations

$ 31,111

$ 7,243

$ 53,579

$ 5,623

Net increase (decrease) in net assets resulting from operations per common share (See Note 7)

$ 0.51

$ 0.15

$ 0.89

^[1]

$ 0.12

^[1]

Net investment income per common share

$ 0.31

$ 0.35

$ 0.64

^[1]

$ 0.65

^[1]

Non-controlled, Non-affiliated Investments

Investment income:

Interest

$ 30,470

$ 22,717

$ 54,238

$ 43,452

Dividend

577

635

1,085

1,212

Other income

1,268

586

3,031

727

Net realized gain (loss) on:

Investments

4,010

(7,518)

921

(7,455)

Net change in unrealized appreciation (depreciation) on:

Net change in unrealized appreciation (depreciation) on Investments

3,278

(2,561)

8,506

(15,254)

Non-controlled and Controlled, Affiliated Investments

Net realized gain (loss) on:

Investments

0

Net change in unrealized appreciation (depreciation) on:

Net change in unrealized appreciation (depreciation) on Investments

4,466

(1,618)

5,408

(5,682)

Controlled, Affiliated Investments

Investment income:

Interest

8,320

7,641

16,754

14,550

Dividend

$ 3,719

$ 2,975

$ 7,219

$ 5,950

[1]	Based on the weighted average shares outstanding for the respective periods.

About PennantPark Floating Rate Capital

PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.

0

CEO	Mr. Arthur Howard Penn
WEBSITE	https://pflt.pennantpark.com
INDUSTRY	Asset Management

PennantPark Floating Rate Capital Frequently Asked Questions

What is the ticker symbol for PennantPark Floating Rate Capital? What does PFLT stand for in stocks?

PFLT is the stock ticker symbol of PennantPark Floating Rate Capital. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of PennantPark Floating Rate Capital (PFLT)?

As of Tue May 14 2024, market cap of PennantPark Floating Rate Capital is 760.7 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PFLT stock?

You can check PFLT's fair value in chart for subscribers.

What is the fair value of PFLT stock?

You can check PFLT's fair value in chart for subscribers. The fair value of PennantPark Floating Rate Capital is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of PennantPark Floating Rate Capital is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PFLT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is PennantPark Floating Rate Capital a good stock to buy?

The fair value guage provides a quick view whether PFLT is over valued or under valued. Whether PennantPark Floating Rate Capital is cheap or expensive depends on the assumptions which impact PennantPark Floating Rate Capital's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PFLT.

What is PennantPark Floating Rate Capital's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 14 2024, PFLT's PE ratio (Price to Earnings) is 8.72 and Price to Sales (PS) ratio is 5.87. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PFLT PE ratio will change depending on the future growth rate expectations of investors.