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PFLT

PennantPark Floating Rate Capital Ltd
$
10.710
0(0.000%)1D
  • Overview
  • Forecast
  • Valuation
  • Earnings
Line
Line
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Candle
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
10.710
Open
10.700
VWAP
10.68
Vol
489.86K
Mkt Cap
1.06B
Low
10.630
Amount
5.23M
EV/EBITDA(TTM)
15.51
Total Shares
99.22M
EV
2.32B
EV/OCF(TTM)
--
P/S(TTM)
4.08
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.
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Market Estimates

Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q3
FY2025Q2
FY2025Q1
66.27M
+36.63%
0.293
-5.46%
65.81M
+48.37%
0.320
+3.34%
59.48M
+56.63%
0.322
-2.47%
Estimates Revision
The market is revising No Change the revenue expectations for PennantPark Floating Rate Capital Ltd. (PFLT) for FY2024, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by 5.52%.
Revenue Estimates for FY2024
No Change
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0.00%
In Past 3 Month
EPS Estimates for FY2024
No Change
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0.00%
In Past 3 Month
Stock Price
Go Up
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+5.52%
In Past 3 Month
7 Analyst Rating
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2.05% Upside
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 10.93 USD with a low forecast of 10.50 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.
4 Buy
3 Hold
0 Sell
Moderate Buy
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2.05% Upside
Current: 10.710
sliders
Low
10.50
Averages
10.93
High
11.50
UBS
Neutral
maintain
2025-07-16
Reason
UBS raised the firm's price target on PennantPark Floating Rate to $10.75 from $10.50 and keeps a Neutral rating on the shares.
Citizens JMP
Brian McKenna
Outperform
downgrade
$12 -> $11
2025-06-24
Reason
Citizens JMP analyst Brian McKenna lowered the firm's price target on PennantPark Floating Rate to $11 from $12 and keeps an Outperform rating on the shares. The firm lowered its FY25 EPS estimate to $1.20 from $1.25 and sees FY26 EPS of $1.18.
Maxim
Michael Diana
Buy
downgrade
2025-05-14
Reason
Maxim analyst Michael Diana lowered the firm's price target on PennantPark Floating Rate to $11.50 from $12.50 but keeps a Buy rating on the shares. The company's net interest income was below the quarterly dividend, though the firm does not expect a dividend cut, the analyst tells investors in a research note. PennantPark's strong originations exceeded moderate payoffs, resulting in a 6.8% increase in the size of its investment portfolio, thereby largely offsetting lower loan yields, Maxim added.
Ladenburg
Neutral -> Buy
upgrade
$10.50
2025-05-13
Reason
Ladenburg upgraded PennantPark Floating Rate to Buy from Neutral with a $10.50 price target.
UBS
Vilas Abraham
Hold
Maintains
$12 → $11
2025-04-17
Reason
UBS lowered the firm's price target on PennantPark Floating Rate to $10.50 from $11.50 and keeps a Neutral rating on the shares as part of a Q1 earnings preview for the business development companies. The focus for investors during earnings will be on the outlook for credit quality given the increased economic uncertainty, the analyst tells investors in a research note. The firm says that while the pullback in the sector has made valuations more attractive, the overhang from credit quality concerns and earnings drag from lower short-term rates will persist. UBS cut price targets to reflect a lower return on equity outlook from slower loan growth and lower target multiples given increased economic uncertainty.
Keefe, Bruyette & Woods
Paul Johnson
Hold
Maintains
$12 → $11
2025-04-08
Reason
Keefe Bruyette lowered the firm's price target on PennantPark Floating Rate to $11 from $11.50 and keeps a Market Perform rating on the shares.

Valuation Metrics

The current forward P/E ratio for PennantPark Floating Rate Capital Ltd (PFLT.N) is 8.41, compared to its 5-year average forward P/E of 9.45. For a more detailed relative valuation and DCF analysis to assess PennantPark Floating Rate Capital Ltd 's fair value, click here.

Forward PE

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Fair
5Y Average PE
9.45
Current PE
8.41
Overvalued PE
10.77
Undervalued PE
8.13

Forward EV/EBITDA

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Overvalued
5Y Average PS
4.52
Current PS
5.44
Overvalued PS
5.22
Undervalued PS
3.83

Financials

Annual
Quarterly
FY2025Q2
YoY :
-32.36%
38.13M
Total Revenue
FY2025Q2
YoY :
-48.26%
23.98M
Operating Profit
FY2025Q2
YoY :
-96.06%
1.23M
Net Income after Tax
FY2025Q2
YoY :
-98.04%
0.01
EPS - Diluted
FY2025Q2
YoY :
-94.18%
3.21
Net Margin - %
FY2025Q2
YoY :
-22.10%
7.33
ROIC

Trading Trends

Insider
Insiders areBuying! The selling amount has increased 402.34% over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
1
99.9K
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
0.0
Volume
0
6-9
Months
0.0
Volume
0
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
0
0.0
Volume
Months
6-9
0
0.0
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months

PFLT News & Events

Events Timeline

2025-02-21 (ET)
2025-02-21
09:16:47
PennantPark Floating Rate closes new securitization
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News

6.5
07-16Benzinga
Analyst Expectations For PennantPark Floating Rate's Future
2.0
07-14NASDAQ.COM
Pennantpark Floating Rate Capital Breaks Above 200-Day Moving Average - Bullish for PFLT
8.0
07-02SeekingAlpha
PennantPark declares $0.1025 dividend
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FAQ

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What is PennantPark Floating Rate Capital Ltd (PFLT) stock price today?

The current price of PFLT is 10.71 USD — it has increased 0 % in the last trading day.

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