PennantPark to Announce Q1 Earnings on February 9th
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5h ago
0mins
Should l Buy PFLT?
Source: seekingalpha
- Earnings Announcement: PennantPark (PFLT) is set to release its Q1 2023 earnings on February 9th after market close, with consensus EPS estimate at $0.30, reflecting a 9.1% year-over-year decline, while revenue is estimated at $70.28 million, indicating a 4.9% year-over-year increase.
- Performance Expectations: Over the past year, PFLT has exceeded EPS estimates 75% of the time and revenue estimates 75% of the time, demonstrating a consistent ability to manage market expectations effectively.
- Estimate Revisions: In the last three months, EPS estimates have seen three upward revisions and one downward revision, while revenue estimates have experienced three upward revisions and two downward revisions, indicating mixed market sentiment regarding the company's future performance.
- Rating Dynamics: Recent analysis reports on PennantPark indicate that despite targeting net investment income (NII) significantly above dividends, the perception of its appeal has diminished due to a $250 million acquisition and the scaling up of a new joint venture.
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Analyst Views on PFLT
Wall Street analysts forecast PFLT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PFLT is 10.63 USD with a low forecast of 9.50 USD and a high forecast of 11.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 9.330
Low
9.50
Averages
10.63
High
11.50
Current: 9.330
Low
9.50
Averages
10.63
High
11.50
About PFLT
PennantPark Floating Rate Capital Ltd. is a closed-end, externally managed, non-diversified investment company. The investment objectives of the Company are to generate both current income and capital appreciation while seeking to preserve capital by investing primarily in floating rate loans, and other investments made to U.S. middle-market companies. The Company primarily invests private companies in the form of floating rate senior secured loans, including first lien secured debt, second lien secured debt and subordinated debt. The Company may also invest in equity investments. Under normal market conditions, the Company generally expect that at least 80% of the value of its managed assets. The Company generally expect to invest up to 35% of its overall portfolio opportunistically in other types of investments, including second lien secured debt, subordinated debt, and, to a lesser extent, equity investments.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
PennantPark to Announce Q1 Earnings on February 9th
- Earnings Announcement: PennantPark (PFLT) is set to release its Q1 2023 earnings on February 9th after market close, with consensus EPS estimate at $0.30, reflecting a 9.1% year-over-year decline, while revenue is estimated at $70.28 million, indicating a 4.9% year-over-year increase.
- Performance Expectations: Over the past year, PFLT has exceeded EPS estimates 75% of the time and revenue estimates 75% of the time, demonstrating a consistent ability to manage market expectations effectively.
- Estimate Revisions: In the last three months, EPS estimates have seen three upward revisions and one downward revision, while revenue estimates have experienced three upward revisions and two downward revisions, indicating mixed market sentiment regarding the company's future performance.
- Rating Dynamics: Recent analysis reports on PennantPark indicate that despite targeting net investment income (NII) significantly above dividends, the perception of its appeal has diminished due to a $250 million acquisition and the scaling up of a new joint venture.
See More
Analysis of High-Yield Stock Investment Opportunities
- Dividend Stock Performance: Analysts from Hartford Funds and Ned Davis Research found that dividend stocks have delivered an annualized return of 9.2% over the past 51 years, more than double that of non-payers, highlighting their stability and long-term investment value during economic fluctuations.
- Sirius XM's Competitive Edge: With a dividend yield of 5.3%, Sirius XM benefits from its unique satellite radio licenses, which provide pricing power, and 80% of its revenue comes from subscriptions, reducing vulnerability to economic downturns.
- Campbell's Transformation: The Campbell Company boasts a dividend yield of 5.58%, and despite facing short-term challenges from steel tariffs and snack product weakness, it is aggressively modernizing operations and pursuing acquisitions to enhance growth potential.
- PennantPark's High Yield: PennantPark Floating Rate Capital offers an impressive 13.03% dividend yield, with 87% of its portfolio in debt securities, and most loans being variable rate, allowing it to capitalize on rising interest rates, making it an attractive investment in the current market.
See More
Analysis of High-Yield Stock Investment Opportunities
- Dividend Stocks Outperformance: An analysis by Hartford Funds and Ned Davis Research reveals that dividend stocks have achieved an annualized return of 9.2% over the past 51 years, more than double that of non-payers, highlighting their stability and long-term investment value during economic fluctuations.
- Attraction of Sirius XM: With a dividend yield of approximately 5.3%, Sirius XM is close to its historical high, and as one of the few legal monopolies in satellite radio, it generates over 75% of its revenue from subscriptions, ensuring stable cash flow even in economic downturns.
- Campbell's Transformation: Campbell's Company has reached an all-time high in dividend yield despite facing short-term challenges from steel tariffs and weakness in snack products; however, its aggressive acquisitions and operational modernization aim to boost organic growth potential to 2%-3% annually.
- Investment Appeal of PennantPark: PennantPark Floating Rate Capital boasts a remarkable 13% dividend yield, with 87% of its portfolio in debt securities and 99% of loans being first-lien secured, showcasing its profitability and risk management capabilities in a high-interest-rate environment.
See More
PennantPark to Report Q1 2025 Results on February 9, 2026
- Earnings Report Schedule: PennantPark Floating Rate Capital Ltd. will announce its first fiscal quarter results for the period ending December 31, 2025, on February 9, 2026, after market close, providing investors with updated financial performance data.
- Conference Call Announcement: The company will host a conference call on February 10, 2026, at 9:00 a.m. Eastern Time to discuss its financial results, enhancing communication with investors and stakeholders.
- Investor Participation Details: Interested parties can join the call by dialing toll-free (800) 330-6710 or international line (646) 769-9200 approximately 5-10 minutes prior to the start, ensuring timely information dissemination.
- Company Background Overview: PennantPark Floating Rate Capital Ltd. primarily invests in U.S. middle-market private companies and manages approximately $10 billion in investable capital, showcasing its strong position in the middle-market credit sector.
See More
Dividend Stocks Double Average Annual Returns of Non-Payers Over 51 Years
- Dividend Stock Performance: According to Hartford Funds, over the past 51 years, dividend stocks have achieved an average annual return of 9.2%, compared to just 4.31% for non-payers, highlighting the long-term advantages of dividend investing.
- Safe Dividend Choices: Among high-yield stocks, Sirius XM boasts an annual yield of nearly 5.3%, benefiting from its unique position as the only satellite radio provider in the U.S., which grants it strong pricing power and stable subscription revenue for shareholders.
- Stability in Energy Stocks: Enterprise Products Partners has increased its dividend for 27 consecutive years, with a current yield nearing 7%, and its long-term fixed-fee contracts ensure highly predictable cash flow, mitigating risks from market volatility.
- Growth Potential in Healthcare Stocks: Pfizer's dividend yield is close to 7%, and despite a decline in share price due to falling COVID-19 vaccine sales, its acquisition of Seagen significantly expands its oncology pipeline, expected to enhance profitability in the coming years.
See More
High-Yield Stocks Shine: SIRI Achieves 5.27% Annual Yield
- Dividend Stock Advantage: Research by Hartford Funds indicates that from 1973 to 2024, dividend stocks achieved an average annual return of 9.2%, more than double that of non-payers, highlighting their attractiveness for long-term investors.
- Sirius XM Competitiveness: Sirius XM Holdings boasts a 5.27% yield, benefiting from its status as the only satellite radio provider in the U.S., which grants it strong pricing power and a stable revenue stream, likely attracting more investors.
- Enterprise Products Stability: Enterprise Products Partners has increased its dividend for 27 consecutive years, currently yielding 6.78%, with long-term fixed-fee contracts ensuring predictable cash flow and reducing market volatility risks.
- Pfizer Growth Potential: Pfizer's dividend yield stands at 6.83%, and despite a decline in COVID-19 vaccine sales, it is projected to reach $62 billion in sales by 2025, showcasing strong growth potential in its oncology drug pipeline.
See More
PennantPark to Announce Q1 Earnings on February 9th
- Earnings Announcement: PennantPark (PFLT) is set to release its Q1 2023 earnings on February 9th after market close, with consensus EPS estimate at $0.30, reflecting a 9.1% year-over-year decline, while revenue is estimated at $70.28 million, indicating a 4.9% year-over-year increase.
- Performance Expectations: Over the past year, PFLT has exceeded EPS estimates 75% of the time and revenue estimates 75% of the time, demonstrating a consistent ability to manage market expectations effectively.
- Estimate Revisions: In the last three months, EPS estimates have seen three upward revisions and one downward revision, while revenue estimates have experienced three upward revisions and two downward revisions, indicating mixed market sentiment regarding the company's future performance.
- Rating Dynamics: Recent analysis reports on PennantPark indicate that despite targeting net investment income (NII) significantly above dividends, the perception of its appeal has diminished due to a $250 million acquisition and the scaling up of a new joint venture.
See More
Analysis of High-Yield Stock Investment Opportunities
- Dividend Stock Performance: Analysts from Hartford Funds and Ned Davis Research found that dividend stocks have delivered an annualized return of 9.2% over the past 51 years, more than double that of non-payers, highlighting their stability and long-term investment value during economic fluctuations.
- Sirius XM's Competitive Edge: With a dividend yield of 5.3%, Sirius XM benefits from its unique satellite radio licenses, which provide pricing power, and 80% of its revenue comes from subscriptions, reducing vulnerability to economic downturns.
- Campbell's Transformation: The Campbell Company boasts a dividend yield of 5.58%, and despite facing short-term challenges from steel tariffs and snack product weakness, it is aggressively modernizing operations and pursuing acquisitions to enhance growth potential.
- PennantPark's High Yield: PennantPark Floating Rate Capital offers an impressive 13.03% dividend yield, with 87% of its portfolio in debt securities, and most loans being variable rate, allowing it to capitalize on rising interest rates, making it an attractive investment in the current market.
See More
Analysis of High-Yield Stock Investment Opportunities
- Dividend Stocks Outperformance: An analysis by Hartford Funds and Ned Davis Research reveals that dividend stocks have achieved an annualized return of 9.2% over the past 51 years, more than double that of non-payers, highlighting their stability and long-term investment value during economic fluctuations.
- Attraction of Sirius XM: With a dividend yield of approximately 5.3%, Sirius XM is close to its historical high, and as one of the few legal monopolies in satellite radio, it generates over 75% of its revenue from subscriptions, ensuring stable cash flow even in economic downturns.
- Campbell's Transformation: Campbell's Company has reached an all-time high in dividend yield despite facing short-term challenges from steel tariffs and weakness in snack products; however, its aggressive acquisitions and operational modernization aim to boost organic growth potential to 2%-3% annually.
- Investment Appeal of PennantPark: PennantPark Floating Rate Capital boasts a remarkable 13% dividend yield, with 87% of its portfolio in debt securities and 99% of loans being first-lien secured, showcasing its profitability and risk management capabilities in a high-interest-rate environment.
See More
PennantPark to Report Q1 2025 Results on February 9, 2026
- Earnings Report Schedule: PennantPark Floating Rate Capital Ltd. will announce its first fiscal quarter results for the period ending December 31, 2025, on February 9, 2026, after market close, providing investors with updated financial performance data.
- Conference Call Announcement: The company will host a conference call on February 10, 2026, at 9:00 a.m. Eastern Time to discuss its financial results, enhancing communication with investors and stakeholders.
- Investor Participation Details: Interested parties can join the call by dialing toll-free (800) 330-6710 or international line (646) 769-9200 approximately 5-10 minutes prior to the start, ensuring timely information dissemination.
- Company Background Overview: PennantPark Floating Rate Capital Ltd. primarily invests in U.S. middle-market private companies and manages approximately $10 billion in investable capital, showcasing its strong position in the middle-market credit sector.
See More
Dividend Stocks Double Average Annual Returns of Non-Payers Over 51 Years
- Dividend Stock Performance: According to Hartford Funds, over the past 51 years, dividend stocks have achieved an average annual return of 9.2%, compared to just 4.31% for non-payers, highlighting the long-term advantages of dividend investing.
- Safe Dividend Choices: Among high-yield stocks, Sirius XM boasts an annual yield of nearly 5.3%, benefiting from its unique position as the only satellite radio provider in the U.S., which grants it strong pricing power and stable subscription revenue for shareholders.
- Stability in Energy Stocks: Enterprise Products Partners has increased its dividend for 27 consecutive years, with a current yield nearing 7%, and its long-term fixed-fee contracts ensure highly predictable cash flow, mitigating risks from market volatility.
- Growth Potential in Healthcare Stocks: Pfizer's dividend yield is close to 7%, and despite a decline in share price due to falling COVID-19 vaccine sales, its acquisition of Seagen significantly expands its oncology pipeline, expected to enhance profitability in the coming years.
See More
High-Yield Stocks Shine: SIRI Achieves 5.27% Annual Yield
- Dividend Stock Advantage: Research by Hartford Funds indicates that from 1973 to 2024, dividend stocks achieved an average annual return of 9.2%, more than double that of non-payers, highlighting their attractiveness for long-term investors.
- Sirius XM Competitiveness: Sirius XM Holdings boasts a 5.27% yield, benefiting from its status as the only satellite radio provider in the U.S., which grants it strong pricing power and a stable revenue stream, likely attracting more investors.
- Enterprise Products Stability: Enterprise Products Partners has increased its dividend for 27 consecutive years, currently yielding 6.78%, with long-term fixed-fee contracts ensuring predictable cash flow and reducing market volatility risks.
- Pfizer Growth Potential: Pfizer's dividend yield stands at 6.83%, and despite a decline in COVID-19 vaccine sales, it is projected to reach $62 billion in sales by 2025, showcasing strong growth potential in its oncology drug pipeline.
See More
