PennantPark Floating Rate Capital Ltd PFLT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Fourth Fiscal Quarter 2024 Results
-
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
-
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
-
PennantPark Floating Rate Capital Ltd. Announces Financial Results for the Quarter Ended June 30, 2024
-
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.1025 per Share
-
PennantPark Floating Rate Capital Ltd Completes the Reset and Upsize of its $351.0 Million CLO I
Trading Information
- Previous Close Price
- $11.66
- Day Range
- $11.60–11.73
- 52-Week Range
- $9.69–12.63
- Bid/Ask
- $11.58 / $11.69
- Market Cap
- $855.35 Mil
- Volume/Avg
- 560,562 / 824,358
Key Statistics
- Price/Earnings (Normalized)
- 6.90
- Price/Sales
- 3.86
- Dividend Yield (Trailing)
- 10.55%
- Dividend Yield (Forward)
- 10.55%
- Total Yield
- 10.55%
Company Profile
PennantPark Floating Rate Capital Ltd is a closed-end, externally managed, non-diversified investment company. Its investment objectives are to generate current income and capital appreciation by investing in Floating Rate Loans and other investments made to U.S. middle-market companies. The company believes that Floating Rate Loans to U.S. middle-market companies offer attractive risk-reward to investors due to the limited amount of capital available for such companies and the potential for rising interest rates. The company generate revenue in the form of interest income on the debt securities and dividends.
- Sector
- Financial Services
- Industry
- Asset Management
- Stock Style Box
- Small Core
- Total Number of Employees
- 0
- Website
- https://www.pennantpark.com
Comparables
Valuation
Metric
|
PFLT
|
NMFC
|
KBDC
|
---|---|---|---|
Price/Earnings (Normalized) | 6.90 | 12.06 | 10.50 |
Price/Book Value | 1.03 | 0.93 | 0.97 |
Price/Sales | 3.86 | 4.32 | 5.91 |
Price/Cash Flow | — | 15.26 | — |
Price/Earnings
PFLT
NMFC
KBDC
Financial Strength
Metric
|
PFLT
|
NMFC
|
KBDC
|
---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
Metric
|
PFLT
|
NMFC
|
KBDC
|
---|---|---|---|
Return on Assets (Normalized) | 6.94% | 3.63% | 6.11% |
Return on Equity (Normalized) | 14.25% | 8.88% | 11.95% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
PFLT
NMFC
KBDC
Asset Management Industry Comparables
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|---|
BlackRock Inc
BLK
| Wbqsqgcklr | Ltyc | $140.9 Bil | |||
KKR & Co Inc Ordinary Shares
KKR
| Qzjjygtb | Tzdygh | $116.2 Bil | |||
Blackstone Inc
BX
| Lfhysjdcb | Xkvsh | $115.8 Bil | |||
Ameriprise Financial Inc
AMP
| Wmdzsmvrp | Ddkbfjn | $47.1 Bil | |||
Raymond James Financial Inc
RJF
| Hhbdgbmtf | Wnldslj | $25.7 Bil | |||
State Street Corp
STT
| Bstdwyqwt | Ksqf | $25.7 Bil | |||
T. Rowe Price Group Inc
TROW
| Ftpqtcrh | Ljhymyg | $23.7 Bil | |||
Northern Trust Corp
NTRS
| Mlzhcsqll | Hxjl | $17.9 Bil | |||
The Carlyle Group Inc
CG
| Zsrvrbd | Rspbrx | $16.0 Bil | |||
Franklin Resources Inc
BEN
| Vtjqcdl | Kcnb | $10.2 Bil |