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Home โบ Stocks โบ PennantPark Floating Rate Capital Ltd. (PFLT) Stock Forecast & Price Prediction United States | NYSE | Financial Services | Asset Management
$10.08
+0.00 (0.00%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 7 Wall Street analysts, PFLT has a neutral consensus with a median price target of $11.50 (ranging from $10.50 to $12.50). The overall analyst rating is Buy (7.0/10). Currently trading at $10.08, the median forecast implies a 14.1% upside. This outlook is supported by 3 Buy, 5 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Kevin Fitzsimmons at JMP Securities, projecting a 24.0% upside. Conversely, the most conservative target is provided by Vilas Abraham at UBS, suggesting a 4.2% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for PFLT.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Apr 17, 2025 | UBS | Vilas Abraham | Neutral | Maintains | $10.50 |
Apr 8, 2025 | Keefe, Bruyette & Woods | Paul Johnson | Market Perform | Maintains | $11.00 |
Aug 12, 2024 | Maxim Group | Michael Diana | Buy | Upgrade | $12.00 |
Jul 30, 2024 | JMP Securities | Kevin Fitzsimmons | Market Outperform | Maintains | $12.00 |
Mar 26, 2024 | JMP Securities | Kevin Fitzsimmons | Market Outperform | Reiterates | $12.50 |
Jan 18, 2024 | JMP Securities | Kevin Fitzsimmons | Market Outperform | Maintains | $12.50 |
Jun 8, 2023 | UBS | Vilas Abraham | Neutral | Initiates | $11.00 |
May 15, 2023 | JMP Securities | Kevin Fitzsimmons | Market Outperform | Reiterates | $12.00 |
Mar 13, 2023 | JMP Securities | Kevin Fitzsimmons | Market Outperform | Reiterates | $12.00 |
Feb 13, 2023 | Truist Securities | Mark Hughes | Buy | Maintains | $12.00 |
May 16, 2022 | JMP Securities | Devin Ryan | Market Outperform | Maintains | $13.50 |
Aug 9, 2021 | Ladenburg Thalmann | Neutral | Downgrade | $0.00 | |
May 13, 2020 | JMP Securities | Market Outperform | Maintains | $10.50 | |
Aug 13, 2019 | JMP Securities | Market Outperform | Maintains | $13.00 | |
Nov 16, 2018 | Ladenburg Thalmann | Buy | Upgrade | $0.00 | |
Aug 10, 2018 | JP Morgan | Overweight | Maintains | $8.00 | |
Aug 10, 2018 | Maxim Group | Michael Diana | Buy | Maintains | $14.50 |
May 14, 2018 | Ladenburg Thalmann | Neutral | Downgrade | $0.00 | |
Feb 12, 2018 | Maxim Group | Michael Diana | Buy | Maintains | $14.00 |
May 11, 2017 | Ladenburg Thalmann | Buy | Upgrade | $0.00 |
The following stocks are similar to PennantPark based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
PennantPark Floating Rate Capital Ltd. has a market capitalization of $886.60M with a P/E ratio of 7.4x. The company generates $215.39M in trailing twelve-month revenue with a 45.4% profit margin.
Revenue growth is +76.5% quarter-over-quarter, while maintaining an operating margin of +78.4% and return on equity of +12.1%.
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Provides capital to small and mid-sized companies.
The company operates as a business development firm, primarily offering debt and capital solutions through senior secured loans with floating interest rates. This model is particularly beneficial in rising interest rate environments, allowing the company to maintain attractive yields for its investors.
PennantPark Floating Rate Capital Ltd. targets sectors like healthcare, technology, and energy services, focusing on investments that exhibit strong growth potential or stable cash flows. By supporting under-served small and mid-sized businesses, the company not only aims to provide a stable income stream for investors but also plays a crucial role in fostering entrepreneurial growth and innovation.
Financial Services
Asset Management
0
Mr. Arthur Howard Penn
United States
2011
Victory Capital (VCTR) delivered earnings and revenue surprises of -1.45% and 2.87%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) declared a monthly distribution of $0.1025 per share for May 2025, payable on June 2, 2025, to shareholders on record by May 15, 2025.
The declaration of a monthly distribution signals stable income, attracting income-focused investors and potentially impacting stock price and investor sentiment.
Investors are encouraged to consider buying and holding high-quality dividend stocks, as this strategy has shown long-term success in wealth growth.
High-quality dividend stocks offer consistent returns and stability, making them appealing for long-term wealth growth amidst market volatility.
Investing $1,000 in top-yielding MoPay stocks may yield returns of 21.06% to 40.99% by April 2026, though they carry higher volatility and risk. Analyst predictions have 60% accuracy for top gainers.
Top-yielding MoPay stocks offer potential returns of 21.06% to 40.99%, attracting risk-tolerant investors. Volatility and uncertain predictions highlight the need for careful consideration.
PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) announced an amendment to its credit facility agreement with Truist Bank.
The amendment of PFLT's credit facility may affect its borrowing costs and financial flexibility, impacting its profitability and stock performance.
The market is losing optimism, creating high-quality investment opportunities at significant discounts. Two strong, high-yield picks are highlighted as potentially undervalued.
Market pessimism has created undervalued high-quality investment opportunities, suggesting potential for significant returns as prices normalize.
PennantPark Floating Rate Capital Ltd. announced a $301 million debt securitization through its subsidiary, PennantPark CLO 12, with a four-year reinvestment period and twelve-year maturity.
The $301 million CLO indicates PennantPark's strong capital management and growth strategy, potentially enhancing returns and stability, which can attract investor interest.
Based on our analysis of 7 Wall Street analysts, PennantPark Floating Rate Capital Ltd. (PFLT) has a median price target of $11.50. The highest price target is $12.50 and the lowest is $10.50.
According to current analyst ratings, PFLT has 3 Buy ratings, 5 Hold ratings, and 0 Sell ratings. The stock is currently trading at $10.08. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict PFLT stock could reach $11.50 in the next 12 months. This represents a 14.1% increase from the current price of $10.08. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company operates as a business development firm, primarily offering debt and capital solutions through senior secured loans with floating interest rates. This model is particularly beneficial in rising interest rate environments, allowing the company to maintain attractive yields for its investors.
The highest price target for PFLT is $12.50 from Kevin Fitzsimmons at JMP Securities, which represents a 24.0% increase from the current price of $10.08.
The lowest price target for PFLT is $10.50 from Vilas Abraham at UBS, which represents a 4.2% increase from the current price of $10.08.
The overall analyst consensus for PFLT is neutral. Out of 7 Wall Street analysts, 3 rate it as Buy, 5 as Hold, and 0 as Sell, with a median price target of $11.50.
Stock price projections, including those for PennantPark Floating Rate Capital Ltd., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.