Stock Price Prediction

PFLT is favored by bulls due to its high 11.4% dividend yield, supported by a predominantly first-lien secured loan portfolio, ensuring stability and low risk. Its variable-rate loans benefit from elevated interest rates, maintaining strong cash flows despite potential rate cuts. Trading at a 4% discount to book value, PFLT offers an attractive entry point for income-focused investors.

PFLT's bearish view stems from its declining net investment income, which fell short of analyst expectations at $0.24 per share in the last quarter, despite higher total investment income. The stock's current price of $11.24 is near its support level of $10.97, with limited upside based on a $12 target price. Rising debt-related expenses and a drop in weighted average yield on debt investments to 11.5% further pressure profitability.

The market consensus for PFLT's revenue in the upcoming quarter is projected to be approximately $65.81M USD.

The market consensus for PFLT's eps in the upcoming quarter is projected to be approximately $0.321 USD.