PennantPark Investment (NASDAQ:PNNT - Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.190-0.210 for the period, compared to the consensus earnings per share estimate of 0.210. The company issued revenue guidance of -.
PennantPark Investment Price Performance
Shares of PennantPark Investment stock traded up $0.07 during trading hours on Thursday, hitting $7.21. The company's stock had a trading volume of 247,550 shares, compared to its average volume of 381,894. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.51 and a current ratio of 0.51. PennantPark Investment has a 12-month low of $6.43 and a 12-month high of $8.04. The business has a 50 day moving average price of $6.97 and a two-hundred day moving average price of $7.05. The company has a market cap of $470.49 million, a PE ratio of 42.38 and a beta of 1.47.
PennantPark Investment Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 13.32%. PennantPark Investment's dividend payout ratio is 564.74%.
Analyst Upgrades and Downgrades
Separately, LADENBURG THALM/SH SH downgraded PennantPark Investment from a "buy" rating to a "neutral" rating in a research note on Wednesday, November 27th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company's stock. According to data from MarketBeat.com, PennantPark Investment currently has a consensus rating of "Hold" and an average price target of $6.00.
View Our Latest Stock Report on PNNT
PennantPark Investment Company Profile
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PennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The fund typically invests in buildings and real estate, hotels, gaming and leisure, technology, telecommunications, transportation, information technology services, electronics, healthcare & pharmaceuticals, education and childcare, financial services, printing and publishing, consumer products, business services, energy & Related Services and utilities, distribution, oil and gas, media, environmental services, aerospace and defense, building materials, capital equipment, chemicals, plastics, & rubber, food & beverage, wholesale, manufacturing and basic industries and retail.
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