Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Portman Ridge Finance Corporation Market Cap
Based on ratings from 0 stock analysts, the Portman Ridge Finance Corporation stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for Portman Ridge Finance Corporation. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedPTMN 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Portman Ridge Finance Corporation to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on PTMN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of PTMN.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Ryan Lynch Keefe, Bruyette & Woods | Market Perform | $20 | Maintains | Mar 18, 2024 |
| Mitchel Penn Oppenheimer | Perform | $20 | Maintains | Mar 15, 2024 |
| Ryan Lynch Keefe, Bruyette & Woods | Market Perform | $21.5 | Maintains | Mar 15, 2023 |
| Mitchel Penn Oppenheimer | Perform | $26 | Initiates | Jul 6, 2022 |
When did it IPO
2006
Staff Count
0
Country
United States
Sector/Industry
Financial Services/Asset Management
CEO
Mr. Edward Joseph Goldthorpe
Market Cap
$171.7M
In 2023, PTMN generated $12.7M in revenue, which was a increase of 209.24% from the previous year. This can be seen as a signal that PTMN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 18 Oct 2023
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - NEW YORK, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (u201cPortman Ridgeu201d or the u201cCompanyu201d) to release its financial results for the third quarter ended September 30, 2023, on Wednesday, November 8, 2023, after market close. The Company will host a conference call on Thursday, November 9, 2023, at 4:00 p.m.
Wed, 09 Aug 2023
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Portman Ridge (PTMN) came out with quarterly earnings of $0.83 per share, missing the Zacks Consensus Estimate of $0.84 per share. This compares to earnings of $0.57 per share a year ago.
Wed, 09 Aug 2023
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Reports Strong Performance with Elevated Total Investment Income, Core Investment Income and Net Investment Income Year-over-Year, While Also Continuing Share Repurchase Program in the Second Quarter of 2023
Thu, 20 Jul 2023
Sentiment - NEGATIVE
Source - Seeking Alpha
Summary - Portman Ridge Finance has been struggling to outperform its peers and the S&P 500, with its stock underperforming over the past nine months. Despite a rise in total investment, core investment, and net investment income in Q1 2023, the company saw a decline in total investments at fair value and an increase in non-accruals. The company is still absorbing costs and monetizing assets from M&A activities between 2019 and 2021, and analysts rate the stock as underperforming with a negative view.
Thu, 13 Jul 2023
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - NEW YORK, July 13, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the u201cCompanyu201d) to release its financial results for the second quarter ended June 30, 2023, on Wednesday, August 9, 2023, after market close. The Company will host a conference call on Thursday, August 10, 2023, at 9:00 a.m.
Thu, 01 Jun 2023
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - NEW YORK, June 01, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the u201cCompanyu201d) today announced that its management team will be presenting at the LD Micro Invitational Conference to be held at the Luxe Sunset Boulevard Hotel, in California.
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