Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure
How to buy PennantPark Investment Corporation stock
Learn how to easily invest in PennantPark Investment Corporation stock.
PennantPark Investment Corporation is an asset management business based in the US. PennantPark Investment Corporation shares (PNNT) are listed on the NYSE and all prices are listed in US Dollars.
How to buy shares in PennantPark Investment Corporation
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – PNNT – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
PennantPark Investment Corporation stock price (NYSE: PNNT)Use our graph to track the performance of PNNT stocks over time.
PennantPark Investment Corporation shares at a glance
|Latest market close||$6.30|
|52-week range||$5.80 - $7.84|
|50-day moving average||$6.92|
|200-day moving average||$7.07|
|Wall St. target price||$8.61|
|Dividend yield||$0.5 (9.21%)|
|Earnings per share (TTM)||$1.28|
Buy PennantPark Investment Corporation shares from these brokeragesCompare special offers, low fees and a wide range of types of investments among top trading platforms.
*Signup bonus information updated weekly.
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy PennantPark Investment Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
PennantPark Investment Corporation price performance over time
|1 week (2022-06-28)||0.96%|
|1 month (2022-06-03)||-10.51%|
|3 months (2022-04-05)||-19.75%|
|6 months (2022-01-05)||-8.43%|
|1 year (2021-07-02)||-8.30%|
|2 years (2020-07-02)||89.76%|
|3 years (2019-07-05)||6.36|
|5 years (2017-07-05)||7.41|
Is PennantPark Investment Corporation stock undervalued or overvalued?
Valuing PennantPark Investment Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of PennantPark Investment Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
PennantPark Investment Corporation's P/E ratio
PennantPark Investment Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, PennantPark Investment Corporation shares trade at around 5x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
PennantPark Investment Corporation's PEG ratio
PennantPark Investment Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.279. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into PennantPark Investment Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
PennantPark Investment Corporation financials
|Revenue TTM||$96.3 million|
|Operating margin TTM||67.75%|
|Gross profit TTM||$81.6 million|
|Return on assets TTM||3.31%|
|Return on equity TTM||13.35%|
|Market capitalisation||$416.6 million|
TTM: trailing 12 months
PennantPark Investment Corporation share dividends
Dividend payout ratio: 41.76% of net profits
Recently PennantPark Investment Corporation has paid out, on average, around 41.76% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.21% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), PennantPark Investment Corporation shareholders could enjoy a 9.21% return on their shares, in the form of dividend payments. In PennantPark Investment Corporation's case, that would currently equate to about $0.5 per share.
While PennantPark Investment Corporation's payout ratio might seem fairly standard, it's worth remembering that PennantPark Investment Corporation may be investing much of the rest of its net profits in future growth.
PennantPark Investment Corporation's most recent dividend payout was on 31 March 2022. The latest dividend was paid out to all shareholders who bought their shares by 15 June 2022 (the "ex-dividend date").
PennantPark Investment Corporation share price volatility
Over the last 12 months, PennantPark Investment Corporation's shares have ranged in value from as little as $5.7976 up to $7.8406. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while PennantPark Investment Corporation's is 1.716. This would suggest that PennantPark Investment Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
PennantPark Investment Corporation overview
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. It invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, senior secured debt, subordinated debt, subordinated loans, first lien debt, mezzanine loans, and distressed debt securities and private equity co-investments. It seeks to invest in companies based in the United States. The fund seeks to invest between $10 million and $100 million cross the capital structure (senior secured loans, subordinated debt, and other investments) in its portfolio companies with EBITDA between $10 to $50 million. Its mezzanine loans, senior secured loans, and other investments in its portfolio companies are between $15 million and $50 million.
PennantPark Investment Corporation in the news
Top 10 Stock Picks of James Morrow’s Callodine Capital Management
Frequently asked questionsWhat percentage of PennantPark Investment Corporation is owned by insiders or institutions?
Currently 2.916% of PennantPark Investment Corporation shares are held by insiders and 41.537% by institutions. When does the fiscal year end for PennantPark Investment Corporation?
PennantPark Investment Corporation's fiscal year ends in September. Where is PennantPark Investment Corporation based?
PennantPark Investment Corporation's address is: 1691 Michigan Avenue, Miami Beach, FL, United States, 33139 What is PennantPark Investment Corporation's ISIN number?
PennantPark Investment Corporation's international securities identification number is: US7080621045 What is PennantPark Investment Corporation's CUSIP number?
PennantPark Investment Corporation's Committee on Uniform Securities Identification Procedures number is: 708062104
More guides on Finder
How to buy Citrine Global (CTGL) stock when it goes public
Everything we know about the Citrine Global IPO, plus information on how to buy in.
How to buy Genelux Corporation (GNLX) stock when it goes public
Everything we know about the Genelux Corporation IPO, plus information on how to buy in.
How to buy Magic Empire Global (MEGL) stock when it goes public
Everything we know about the Magic Empire Global IPO, plus information on how to buy in.
How to buy Intchains Group (ICG) stock when it goes public
Everything we know about the Intchains Group IPO, plus information on how to buy in.
How to buy Biostage (BSTG) stock when it goes public
Everything we know about the Biostage IPO, plus information on how to buy in.
How to buy Wang & Lee Group (WLGS) stock when it goes public
Everything we know about the Wang & Lee Group IPO, plus information on how to buy in.
How to buy OptMed (OMED) stock when it goes public
Everything we know about the OptMed IPO, plus information on how to buy in.
How to buy Lichen China (LICN) stock when it goes public
Everything we know about the Lichen China IPO, plus information on how to buy in.
How to buy LeeWay Services stock when it goes public
Everything we know about the LeeWay Services IPO, plus information on how to buy in.
How to buy Nano Labs (NA) stock when it goes public
Everything we know about the Nano Labs IPO, plus information on how to buy in.
Ask an Expert