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PNNT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
4.775
Open
4.720
VWAP
4.71
Vol
354.53K
Mkt Cap
304.93M
Low
4.670
Amount
1.67M
EV/EBITDA(TTM)
33.31
Total Shares
65.30M
EV
1.08B
EV/OCF(TTM)
4.89
P/S(TTM)
3.02
PennantPark Investment Corporation is a closed-end, externally managed, non-diversified investment company. The Company’s objectives are to generate both current income and capital appreciation while seeking to preserve capital through debt and equity investments primarily made to the United States middle-market companies in the form of first lien secured debt, second lien secured debt, subordinated debt and equity investments. Its portfolio consists of illiquid securities, including debt and equity investments. Its investment activity depends on factors, including the amount of debt & equity capital available to middle-market companies, the level of merger and acquisition activity for such companies, the general economic environment and the competitive environment for the types of investments the Company make. It invests in sectors, including media, technology, entertainment, gaming, aerospace & defense, building materials, environmental services, healthcare, education among others.
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Events Timeline

(ET)
2026-02-09
16:20:00
PNNT Reports Q1 NAV per Share of $7.00
select
2026-02-09
16:20:00
Company Announces Monthly Dividend Remains at $0.08 per Share
select
2025-12-15 (ET)
2025-12-15
08:40:00
PennantPark Sells JF Intermediate Investment for $67.5M, Realizing $63.1M Gain
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News

seekingalpha
8.0
04-03seekingalpha
PennantPark Investment Declares $0.08 Monthly Dividend
  • Dividend Declaration: PennantPark Investment has declared a monthly dividend of $0.08 per share, consistent with previous distributions, comprising a $0.04 base dividend and a $0.04 supplemental dividend, indicating the company's stability in the current market environment.
  • Payment Schedule: The dividend is payable on May 1, with a record date of April 15 and an ex-dividend date also on April 15, ensuring that existing shareholders receive their earnings promptly, which enhances investor confidence.
  • Future Outlook: PennantPark expects to maintain the $0.08 per share dividend through December 2026, reflecting ongoing efforts in equity rotation and a focus on core middle-market strategies aimed at sustaining stable cash flow.
  • Market Reaction: Despite expectations of further losses, the maintenance of the dividend may attract investors seeking stable income, thereby supporting the stock price to some extent.
Yahoo Finance
9.5
03-28Yahoo Finance
PennantPark Investment Yield and Risk Analysis
  • Earnings Coverage Shortfall: In Q1 FY2026, PennantPark's core net investment income was only $0.14 per share against a quarterly distribution of $0.24, resulting in a coverage shortfall that has persisted for four consecutive quarters, indicating severe challenges to the company's profitability in the current interest rate environment.
  • Interest Rate Sensitivity Issue: With 89% of its portfolio tied to variable rates, PennantPark has seen its investment yield drop from 12.3% to 10.9% due to the Federal Reserve's 75 basis points rate cuts over the past year, leading to a 20.3% year-over-year decline in total investment income in Q1 FY2026, exacerbating revenue pressures.
  • Supplemental Dividend Risk: The company's supplemental dividend relies on spillover income expected to expire in December 2026, with the current $0.08 monthly payment split into a $0.04 base and a $0.04 supplemental component; failure to rebuild net investment income before the deadline could eliminate the supplemental payment, impacting future cash flows.
  • Declining Net Asset Value: PennantPark's net asset value per share has decreased from $7.56 to $7.00 over the past five quarters, with the stock currently trading at 0.645 times book value, reflecting market pessimism about the company's future performance, as shares have dropped nearly 21% year-to-date, further undermining investor confidence.
Yahoo Finance
8.0
03-24Yahoo Finance
Pennant Park Investment Adjusts Dividend Structure Amid Income Challenges
  • Dividend Structure Restructuring: Pennant Park Investment Corporation has restructured its monthly $0.08 dividend into a $0.04 base and a $0.04 supplemental dividend starting April 2026, indicating that current earnings cannot cover the $0.24 quarterly distribution, reflecting significant income pressure on the company.
  • Widening Coverage Gap: Core net investment income for Q1 FY2026 was $0.14 per share, falling short of analyst expectations, with the company missing earnings targets for four consecutive quarters and experiencing over a 20% year-over-year revenue decline, highlighting ongoing deterioration in profitability.
  • Impact of Rate Cuts: The Federal Reserve has cut rates by 75 basis points since December 2025, leading to declining interest income from Pennant Park's 89% variable-rate portfolio, with the weighted average yield on debt investments compressing from 12.0% to 10.9%, exacerbating income pressures.
  • Finite Supplemental Income: Management anticipates that the supplemental dividend will rely on limited spillover income, which was $0.73 per share as of Q4 FY2025; however, this funding source will eventually run out, posing a risk of further dividend cuts if core net investment income does not improve.
Benzinga
6.5
03-02Benzinga
High Dividend Stocks Favored Amid Market Turbulence
  • Investor Preference: During turbulent and uncertain market conditions, many investors are turning to high dividend-yielding stocks, which typically have high free cash flows and reward shareholders with substantial dividends, thus attracting those seeking stable income.
  • High-Yield Stocks: Analysts' ratings for PennantPark Investment Corp. (NYSE: PNNT), FS KKR Capital Corp (NYSE: FSK), and Invesco Mortgage Capital Inc (NYSE: IVR) indicate that these companies are seen as representatives of high-yield stocks in the financial sector, reflecting market confidence in their stability.
  • Analyst Accuracy: The ratings from the most accurate analysts on these high dividend stocks provide crucial insights for investors when making investment choices, especially against the backdrop of increasing economic uncertainty, helping them make more informed decisions.
  • Dividend Appeal: High dividend stocks not only offer investors a steady cash flow but also provide a relatively safe investment option during market volatility, further enhancing their strategic significance within investment portfolios.
Benzinga
6.5
02-13Benzinga
High Dividend Stocks Favored Amid Market Turbulence
  • Investor Preference: During turbulent and uncertain market conditions, many investors are turning to high dividend-yielding stocks, which typically possess high free cash flows and reward shareholders with substantial dividends, thereby enhancing investor confidence.
  • Analyst Ratings: Ratings from analysts for three high-yielding stocks in the financial sector, namely PennantPark Investment Corp., Horizon Technology Finance Corp., and Arbor Realty Trust Inc., indicate their strong investment appeal in the current market environment.
  • Market Trends: As market instability intensifies, there is a growing interest among investors in companies that can provide stable cash flows, reflecting a heightened focus on risk management and potentially driving up the stock prices of these firms.
  • Dividend Strategy: The allure of high dividend stocks lies in their ability to offer investors a continuous income stream, especially as economic uncertainties rise, which may attract more capital seeking safe investments.
seekingalpha
9.5
02-10seekingalpha
PennantPark Investment Corporation Q1 2026 Earnings Call Insights
  • Core Net Investment Income: PennantPark reported a core net investment income of $0.14 per share for Q1 2026, indicating stability in the current economic environment, while maintaining a total dividend of $0.08 per share, split between base and supplemental dividends, reflecting a strong commitment to shareholder returns.
  • Equity Investment Exit: The company successfully exited its equity investment in JF Holdings, generating total proceeds of $68 million and a realized gain of $63 million, further reducing overall equity risk and signaling a strategic shift in capital allocation.
  • Portfolio Dynamics: As of December 31, the portfolio totaled $1.2 billion, with $115 million invested in three new and 51 existing companies, showcasing active investment opportunities in the private market that are expected to drive future capital returns.
  • Financial Health: Despite a GAAP net investment income of $0.11 per share, down from the previous quarter, the net asset value (NAV) decreased to $7 per share; however, management remains optimistic about future M&A activities, emphasizing continued focus on credit quality and disciplined underwriting.
Wall Street analysts forecast PNNT stock price to rise
5 Analyst Rating
Wall Street analysts forecast PNNT stock price to rise
1 Buy
3 Hold
1 Sell
Hold
Current: 0.000
sliders
Low
5.50
Averages
5.88
High
7.00
Current: 0.000
sliders
Low
5.50
Averages
5.88
High
7.00
Keefe Bruyette
NULL -> Underperform
downgrade
$5
AI Analysis
2026-04-16
New
Reason
Keefe Bruyette
Price Target
$5
AI Analysis
2026-04-16
New
downgrade
NULL -> Underperform
Reason
Keefe Bruyette lowered the firm's price target on PennantPark to $4.50 from $5 and keeps an Underperform rating on the shares.
Keefe Bruyette
NULL -> Underperform
downgrade
$5
2026-02-13
Reason
Keefe Bruyette
Price Target
$5
2026-02-13
downgrade
NULL -> Underperform
Reason
Keefe Bruyette lowered the firm's price target on PennantPark to $5 from $5.50 and keeps an Underperform rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for PNNT
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Valuation Metrics

The current forward P/E ratio for Pennantpark Investment Corp (PNNT.N) is 8.34, compared to its 5-year average forward P/E of 8.26. For a more detailed relative valuation and DCF analysis to assess Pennantpark Investment Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
8.26
Current PE
8.34
Overvalued PE
10.05
Undervalued PE
6.47

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.83
Current EV/EBITDA
8.17
Overvalued EV/EBITDA
4.19
Undervalued EV/EBITDA
-2.52

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.44
Current PS
2.89
Overvalued PS
4.21
Undervalued PS
2.66

Financials

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Frequently Asked Questions

What is Pennantpark Investment Corp (PNNT) stock price today?

The current price of PNNT is 4.67 USD — it has decreased -1.89

What is Pennantpark Investment Corp (PNNT)'s business?

PennantPark Investment Corporation is a closed-end, externally managed, non-diversified investment company. The Company’s objectives are to generate both current income and capital appreciation while seeking to preserve capital through debt and equity investments primarily made to the United States middle-market companies in the form of first lien secured debt, second lien secured debt, subordinated debt and equity investments. Its portfolio consists of illiquid securities, including debt and equity investments. Its investment activity depends on factors, including the amount of debt & equity capital available to middle-market companies, the level of merger and acquisition activity for such companies, the general economic environment and the competitive environment for the types of investments the Company make. It invests in sectors, including media, technology, entertainment, gaming, aerospace & defense, building materials, environmental services, healthcare, education among others.

What is the price predicton of PNNT Stock?

Wall Street analysts forecast PNNT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PNNT is5.88 USD with a low forecast of 5.50 USD and a high forecast of 7.00 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.

What is Pennantpark Investment Corp (PNNT)'s revenue for the last quarter?

Pennantpark Investment Corp revenue for the last quarter amounts to 29.22M USD, decreased -21.67

What is Pennantpark Investment Corp (PNNT)'s earnings per share (EPS) for the last quarter?

Pennantpark Investment Corp. EPS for the last quarter amounts to 0.14 USD, decreased -44.00

How many employees does Pennantpark Investment Corp (PNNT). have?

Pennantpark Investment Corp (PNNT) has 0 emplpoyees as of April 21 2026.

What is Pennantpark Investment Corp (PNNT) market cap?

Today PNNT has the market capitalization of 304.93M USD.