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Financial Services - Asset Management - NYSE - US
$ 11.34
1.16 %
$ 997 M
Market Cap
8.28
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one PFLT stock under the worst case scenario is HIDDEN Compared to the current market price of 11.3 USD, PennantPark Floating Rate Capital Ltd. is HIDDEN

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one PFLT stock under the base case scenario is HIDDEN Compared to the current market price of 11.3 USD, PennantPark Floating Rate Capital Ltd. is HIDDEN

This DCF valuation model was last updated on Mar, 2, 2025.

The intrinsic value of one PFLT stock under the best case scenario is HIDDEN Compared to the current market price of 11.3 USD, PennantPark Floating Rate Capital Ltd. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
110 M REVENUE
-20.85%
109 M OPERATING INCOME
2.04%
91.8 M NET INCOME
133.92%
-801 M OPERATING CASH FLOW
-570.12%
0 INVESTING CASH FLOW
0.00%
813 M FINANCING CASH FLOW
988.07%
30 M REVENUE
-7.36%
28.8 M OPERATING INCOME
135.13%
28.3 M NET INCOME
0.00%
-233 M OPERATING CASH FLOW
20.25%
0 INVESTING CASH FLOW
0.00%
223 M FINANCING CASH FLOW
-30.17%
Balance Sheet PennantPark Floating Rate Capital Ltd.
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Current Assets 125 M
Cash & Short-Term Investments 112 M
Receivables 12.8 M
Other Current Assets 489 K
Non-Current Assets 1.98 B
Long-Term Investments 1.98 B
PP&E 0
Other Non-Current Assets 0
Current Liabilities 244 M
Accounts Payable 45 M
Short-Term Debt 184 M
Other Current Liabilities 15.6 M
Non-Current Liabilities 1.05 B
Long-Term Debt 0
Other Non-Current Liabilities 1.05 B
EFFICIENCY
Earnings Waterfall PennantPark Floating Rate Capital Ltd.
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Revenue 110 M
Cost Of Revenue 0
Gross Profit 110 M
Operating Expenses 1.46 M
Operating Income 109 M
Other Expenses 17 M
Net Income 91.8 M
RATIOS
100.00% GROSS MARGIN
100.00%
98.67% OPERATING MARGIN
98.67%
83.27% NET MARGIN
83.27%
10.47% ROE
10.47%
4.35% ROA
4.35%
5.25% ROIC
5.25%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis PennantPark Floating Rate Capital Ltd.
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Net Income 91.8 M
Depreciation & Amortization 0
Capital Expenditures 0
Stock-Based Compensation 0
Change in Working Capital 4.44 M
Others -894 M
Free Cash Flow -801 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets PennantPark Floating Rate Capital Ltd.
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Wall Street analysts predict an average 1-year price target for PFLT of $12 , with forecasts ranging from a low of $12 to a high of $12 .
PFLT Lowest Price Target Wall Street Target
12 USD 5.82%
PFLT Average Price Target Wall Street Target
12 USD 5.82%
PFLT Highest Price Target Wall Street Target
12 USD 5.82%
4. DIVIDEND ANALYSIS
2.72% DIVIDEND YIELD
0.102 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership PennantPark Floating Rate Capital Ltd.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
133 K USD 2
6-9 MONTHS
30 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
8 months ago
Jun 05, 2024
Bought 19.9 K USD
Briones Jose A
Director
+ 1745
11.3995 USD
9 months ago
May 30, 2024
Bought 113 K USD
Allorto Richard T JR
CFO and Treasurer
+ 10000
11.3 USD
9 months ago
May 28, 2024
Bought 10 K USD
Briones Jose A
Director
+ 885
11.3298 USD
9 months ago
May 13, 2024
Bought 20 K USD
Briones Jose A
Director
+ 1740
11.4779 USD
4 years ago
Dec 17, 2020
Sell 94.1 K USD
KATZ SAMUEL L
Director
- 8929
10.5361 USD
4 years ago
Dec 18, 2020
Sell 89.7 K USD
KATZ SAMUEL L
Director
- 8618
10.4139 USD
4 years ago
Dec 15, 2020
Sell 192 K USD
KATZ SAMUEL L
Director
- 17700
10.8656 USD
4 years ago
Dec 16, 2020
Sell 79.4 K USD
KATZ SAMUEL L
Director
- 7453
10.6533 USD
4 years ago
Dec 11, 2020
Sell 71.1 K USD
KATZ SAMUEL L
Director
- 6563
10.84 USD
4 years ago
Dec 14, 2020
Sell 117 K USD
KATZ SAMUEL L
Director
- 10737
10.8515 USD
4 years ago
Jun 10, 2020
Bought 132 K USD
KATZ SAMUEL L
Director
+ 15000
8.83 USD
4 years ago
Mar 31, 2020
Bought 19.8 K USD
Bernstein Adam K
Director
+ 4000
4.94 USD
4 years ago
Mar 23, 2020
Bought 70.4 K USD
Efrat Aviv
Chief Financial Officer
+ 18050
3.9006 USD
4 years ago
Mar 20, 2020
Bought 126 K USD
Efrat Aviv
Chief Financial Officer
+ 28800
4.3617 USD
4 years ago
Mar 20, 2020
Bought 95.1 K USD
PENN ARTHUR H
Chairman and CEO
+ 22000
4.3219 USD
4 years ago
Mar 19, 2020
Bought 1.42 K USD
Flug Jeffrey
Director
+ 400
3.5575 USD
4 years ago
Mar 19, 2020
Bought 68 K USD
PENN ARTHUR H
Chairman and CEO
+ 16300
4.1732 USD
4 years ago
Mar 18, 2020
Bought 85.2 K USD
PENN ARTHUR H
Chairman and CEO
+ 20000
4.2625 USD
5 years ago
Feb 28, 2020
Bought 184 K USD
Efrat Aviv
Chief Financial Officer
+ 17000
10.8124 USD
5 years ago
Feb 26, 2020
Bought 82.6 K USD
PENN ARTHUR H
Chairman and CEO
+ 7000
11.7994 USD
5 years ago
Nov 26, 2019
Bought 104 K USD
PENN ARTHUR H
Chairman and CEO
+ 8500
12.2815 USD
5 years ago
Nov 25, 2019
Bought 96.2 K USD
PENN ARTHUR H
Chairman and CEO
+ 8000
12.0292 USD
5 years ago
Nov 22, 2019
Bought 106 K USD
PENN ARTHUR H
Chairman and CEO
+ 9000
11.7805 USD
5 years ago
Sep 04, 2019
Bought 285 K USD
KATZ SAMUEL L
Director
+ 25000
11.4163 USD
5 years ago
Aug 15, 2019
Bought 92.4 K USD
PENN ARTHUR H
Chairman and CEO
+ 8000
11.5479 USD
5 years ago
Aug 13, 2019
Bought 117 K USD
PENN ARTHUR H
Chairman and CEO
+ 10000
11.7343 USD
5 years ago
Aug 12, 2019
Bought 92.5 K USD
PENN ARTHUR H
Chairman and CEO
+ 8000
11.5654 USD
5 years ago
Aug 09, 2019
Bought 105 K USD
PENN ARTHUR H
Chairman and CEO
+ 9000
11.6612 USD
5 years ago
May 17, 2019
Bought 98.8 K USD
Efrat Aviv
CFO
+ 8200
12.0509 USD
5 years ago
May 14, 2019
Bought 98.8 K USD
Efrat Aviv
CFO
+ 8200
12.0509 USD
5 years ago
May 15, 2019
Bought 115 K USD
PENN ARTHUR H
Chairman and CEO
+ 9500
12.0883 USD
5 years ago
May 14, 2019
Bought 96.7 K USD
PENN ARTHUR H
Chairman and CEO
+ 8000
12.0841 USD
5 years ago
May 13, 2019
Bought 241 K USD
KATZ SAMUEL L
Director
+ 19900
12.1116 USD
5 years ago
May 10, 2019
Bought 1.22 K USD
KATZ SAMUEL L
Director
+ 100
12.195 USD
5 years ago
May 13, 2019
Bought 84.7 K USD
PENN ARTHUR H
Chairman and CEO
+ 7000
12.0952 USD
5 years ago
May 10, 2019
Bought 109 K USD
PENN ARTHUR H
Chairman and CEO
+ 9000
12.1473 USD
7 years ago
Feb 27, 2018
Bought 127 K USD
KATZ SAMUEL L
Director
+ 10000
12.73 USD
7 years ago
Feb 26, 2018
Bought 215 K USD
KATZ SAMUEL L
Director
+ 17000
12.6387 USD
7 years ago
Feb 15, 2018
Bought 109 K USD
PENN ARTHUR H
Chairman and CEO
+ 8500
12.81 USD
7 years ago
Feb 14, 2018
Bought 117 K USD
PENN ARTHUR H
Chairman and CEO
+ 9000
12.9821 USD
7 years ago
Feb 13, 2018
Bought 102 K USD
PENN ARTHUR H
Chairman and CEO
+ 8000
12.8064 USD
7 years ago
Feb 12, 2018
Bought 126 K USD
PENN ARTHUR H
Chairman and CEO
+ 10000
12.5664 USD
9 years ago
Feb 11, 2016
Bought 43.5 K USD
KATZ SAMUEL L
Director
+ 4140
10.503 USD
9 years ago
Feb 09, 2016
Bought 61.6 K USD
KATZ SAMUEL L
Director
+ 5860
10.5174 USD
9 years ago
Nov 23, 2015
Bought 5.8 K USD
Flug Jeffrey
Director
+ 500
11.6 USD
9 years ago
Sep 01, 2015
Bought 17.4 K USD
Flug Jeffrey
Director
+ 1500
11.5799 USD
9 years ago
Sep 04, 2015
Bought 245 K USD
KATZ SAMUEL L
Director
+ 20000
12.2319 USD
9 years ago
Aug 31, 2015
Bought 72.6 K USD
Flug Jeffrey
Director
+ 6000
12.1048 USD
9 years ago
Sep 01, 2015
Bought 18.2 K USD
Flug Jeffrey
Director
+ 1500
12.1427 USD
9 years ago
Aug 26, 2015
Bought 72.7 K USD
Flug Jeffrey
Director
+ 6000
12.1117 USD
9 years ago
Aug 26, 2015
Bought 89.8 K USD
KATZ SAMUEL L
Director
+ 7482
12 USD
9 years ago
Aug 24, 2015
Bought 30.2 K USD
KATZ SAMUEL L
Director
+ 2518
12 USD
9 years ago
Aug 24, 2015
Bought 121 K USD
KATZ SAMUEL L
Director
+ 10000
12.1 USD
9 years ago
Aug 20, 2015
Bought 193 K USD
Efrat Aviv
CFO
+ 15000
12.8546 USD
10 years ago
Aug 26, 2014
Bought 113 K USD
KATZ SAMUEL L
Director
+ 7969
14.1637 USD
10 years ago
Aug 22, 2014
Bought 2.34 K USD
KATZ SAMUEL L
Director
+ 167
14.03 USD
10 years ago
Aug 21, 2014
Bought 26.2 K USD
KATZ SAMUEL L
Director
+ 1864
14.03 USD
10 years ago
May 15, 2014
Bought 4.1 K USD
KATZ SAMUEL L
Director
+ 300
13.65 USD
11 years ago
May 22, 2013
Bought 116 K USD
Efrat Aviv
CFO
+ 8000
14.4458 USD
11 years ago
Mar 21, 2013
Bought 420 K USD
KATZ SAMUEL L
Director
+ 30000
14 USD
12 years ago
Feb 20, 2013
Bought 129 K USD
PENN ARTHUR H
Chairman and CEO
+ 9095
14.2064 USD
12 years ago
Feb 19, 2013
Bought 365 K USD
PENN ARTHUR H
Chairman and CEO
+ 25847
14.1096 USD
12 years ago
Feb 15, 2013
Bought 218 K USD
PENN ARTHUR H
Chairman and CEO
+ 15600
13.96 USD
12 years ago
Feb 14, 2013
Bought 48 K USD
PENN ARTHUR H
Chairman and CEO
+ 3445
13.9236 USD
12 years ago
Feb 13, 2013
Bought 59.6 K USD
PENN ARTHUR H
Chairman and CEO
+ 4265
13.9791 USD
12 years ago
Feb 12, 2013
Bought 33.5 K USD
PENN ARTHUR H
Chairman and CEO
+ 2400
13.95 USD
12 years ago
Feb 11, 2013
Bought 145 K USD
PENN ARTHUR H
Chairman and CEO
+ 10400
13.9624 USD
12 years ago
Feb 08, 2013
Bought 57.5 K USD
PENN ARTHUR H
Chairman and CEO
+ 4149
13.8673 USD
12 years ago
Feb 07, 2013
Bought 57.2 K USD
PENN ARTHUR H
Chairman and CEO
+ 4100
13.9561 USD
12 years ago
Feb 06, 2013
Bought 159 K USD
PENN ARTHUR H
Chairman and CEO
+ 11530
13.816 USD
12 years ago
Feb 05, 2013
Bought 306 K USD
PENN ARTHUR H
Chairman and CEO
+ 22101
13.8433 USD
12 years ago
Feb 04, 2013
Bought 31.8 K USD
PENN ARTHUR H
Chairman and CEO
+ 2360
13.4793 USD
12 years ago
Feb 01, 2013
Bought 69.7 K USD
PENN ARTHUR H
Chairman and CEO
+ 5200
13.412 USD
12 years ago
Jan 31, 2013
Bought 21.3 K USD
PENN ARTHUR H
Chairman and CEO
+ 1600
13.3394 USD
12 years ago
Jan 30, 2013
Bought 7.7 K USD
PENN ARTHUR H
Chairman and CEO
+ 575
13.3952 USD
12 years ago
Jan 29, 2013
Bought 29.4 K USD
PENN ARTHUR H
Chairman and CEO
+ 2200
13.3718 USD
12 years ago
Jan 28, 2013
Bought 63.1 K USD
PENN ARTHUR H
Chairman and CEO
+ 4700
13.4221 USD
12 years ago
Jan 25, 2013
Bought 25.3 K USD
PENN ARTHUR H
Chairman and CEO
+ 1900
13.3405 USD
12 years ago
Jan 24, 2013
Bought 38.6 K USD
PENN ARTHUR H
Chairman and CEO
+ 2900
13.3222 USD
12 years ago
Jan 23, 2013
Bought 18.7 K USD
PENN ARTHUR H
Chairman and CEO
+ 1400
13.3455 USD
12 years ago
Jan 22, 2013
Bought 18.8 K USD
PENN ARTHUR H
Chairman and CEO
+ 1400
13.4079 USD
12 years ago
Jan 18, 2013
Bought 18.4 K USD
PENN ARTHUR H
Chairman and CEO
+ 1375
13.4175 USD
12 years ago
Jan 17, 2013
Bought 40.2 K USD
PENN ARTHUR H
Chairman and CEO
+ 3000
13.4048 USD
12 years ago
Jan 16, 2013
Bought 93.8 K USD
PENN ARTHUR H
Chairman and CEO
+ 7000
13.4061 USD
13 years ago
Nov 30, 2011
Bought 31.6 K USD
Efrat Aviv
CFO
+ 3000
10.5259 USD
13 years ago
Aug 18, 2011
Bought 16.8 K USD
Bernstein Adam K
Director
+ 1500
11.23 USD
13 years ago
Aug 12, 2011
Bought 21.2 K USD
KATZ SAMUEL L
Director
+ 2000
10.6 USD
13 years ago
Aug 10, 2011
Bought 108 K USD
KATZ SAMUEL L
Director
+ 10000
10.8 USD
13 years ago
Aug 09, 2011
Bought 141 K USD
KATZ SAMUEL L
Director
+ 13000
10.8676 USD
13 years ago
Aug 09, 2011
Bought 29.9 K USD
Efrat Aviv
CFO
+ 2750
10.8597 USD
13 years ago
Aug 08, 2011
Bought 39.2 K USD
Bernstein Adam K
Director
+ 3500
11.19 USD
13 years ago
Aug 08, 2011
Bought 48.7 K USD
KATZ SAMUEL L
Director
+ 4500
10.8264 USD
7. News
PennantPark Floating Rate Capital Ltd. Closes New Securitization, Substantially Lowering Borrowing Costs MIAMI, Feb. 21, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that it completed a $474.6 million term debt securitization transaction with a four-year reinvestment period, twelve-year final maturity in the form of a collateralized loan obligation (“CLO”). globenewswire.com - 1 week ago
PennantPark (PFLT) Upgraded to Strong Buy: Here's Why PennantPark (PFLT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy). zacks.com - 2 weeks ago
5 'Safe' Buys In 35 February Dividend Power Dogs The Dividend Power strategy focuses on stocks with high earnings and dividend yields, creating a resilient portfolio for both downturns and bull markets. Top five Dividend Power stocks for February 2025 include Black Stone Minerals, AG Mortgage Investment, Golden Ocean, ARMOUR Residential, and Invesco Mortgage Capital. Analysts project significant net gains for top Dividend Power stocks, with AG Mortgage and Seanergy Maritime showing the highest potential returns by February 2026. seekingalpha.com - 2 weeks ago
PennantPark Floating Rate Capital (PFLT) Q1 2025 Earnings Call Transcript PennantPark Floating Rate Capital (NYSE:PFLT ) Q1 2025 Earnings Conference Call February 11, 2025 9:00 AM ET Company Participants Art Penn - Chairman and Chief Executive Officer Richard Allorto - Chief Financial Officer Conference Call Participants Robert Dodd - Raymond James Brian McKenna - Citizens JMP Mark Hughes - Truist Mickey Schleien - Ladenburg Paul Johnson - KBW Operator Good morning, and welcome to the PennantPark Floating Rate Capital's First Fiscal Quarter 2025 Earnings Conference Call. Today's conference is being recorded. seekingalpha.com - 2 weeks ago
Compared to Estimates, PennantPark (PFLT) Q1 Earnings: A Look at Key Metrics The headline numbers for PennantPark (PFLT) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 2 weeks ago
PennantPark (PFLT) Q1 Earnings and Revenues Beat Estimates PennantPark (PFLT) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.33 per share a year ago. zacks.com - 2 weeks ago
PennantPark Floating Rate Capital Ltd. Announces Financial Results for the First Quarter Ended December 31, 2024 MIAMI, Feb. 10, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) announced today its financial results for the first quarter ended December 31, 2024. globenewswire.com - 2 weeks ago
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share MIAMI, Feb. 05, 2025 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for February 2025 of $0.1025 per share, payable on March 3, 2025 to stockholders of record as of February 18, 2025. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission. globenewswire.com - 3 weeks ago
Super Hungry for Passive Income In 2025? Try 4 Ultra-High-Yield Dividend Wonders According to the Internal Revenue Service (IRS), passive income generally includes earnings from rental activity or any trade, business, or investment in which the individual does not materially participate. 247wallst.com - 1 month ago
Want an Extra $1,000 of Dividend Income in 2025? Invest $11,750 in These 3 Ultra-High-Yield Stocks The past couple of years have been great for the overall stock market, but there is a downside. When stock prices go up, dividend yields decline. fool.com - 1 month ago
Want $200 in Super-Safe Monthly Dividend Income in 2025? Invest $22,050 Into the Following 3 Ultra-High-Yield Stocks. One of the best aspects of putting your money to work on Wall Street is there's no one-size-fits-all blueprint for success. With thousands of publicly traded companies and exchange-traded funds (ETFs) to choose from, there's likely to be one or more stocks that can help you meet your investment goals. fool.com - 1 month ago
PennantPark Floating Rate Capital: Improved Portfolio Quality And Discounted Valuation I maintain my buy rating on PFLT due to its improved non-accrual rate, prioritization of new investments, and slightly improved dividend coverage. PennantPark Floating Rate Capital's current dividend yield is 11.1%, but negative returns and high debt levels have impacted its attractiveness compared to peers. The price trades at a slight discount to NAV, offering a potential upside of 6.8%, supported by improving portfolio metrics and a high rate of capital allocated towards new investments. seekingalpha.com - 1 month ago
8. Profile Summary

PennantPark Floating Rate Capital Ltd. PFLT

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COUNTRY US
INDUSTRY Asset Management
MARKET CAP $ 997 M
Dividend Yield 2.72%
Description PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.
Contact 1691 Michigan Avenue, Miami Beach, FL, 33139 https://pflt.pennantpark.com
IPO Date April 8, 2011
Employees 0
Officers Ms. Sarah de la Villa Director of Human Resources Mr. P. Whitridge Williams Jr., J.D. Partner Mr. Salvatore Giannetti III Partner Mr. Arthur Howard Penn Founder, Chairman & Chief Executive Officer Mr. Adam Katz MD & General Counsel Mr. Brian Kendall Senior Vice President Mr. Jose A. Briones Jr. Senior Partner & Director Mr. Richard Thomas Allorto Jr., CPA Chief Financial Officer & Treasurer Mr. Matthew Visgilio Manager of Operations Mr. Frank Robert Galea C.F.A. Chief Compliance Officer