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How to buy PennantPark Investment Corporation stock | $6.75

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 NASDAQ and all prices are listed in US Dollars.

How to buy shares in PennantPark Investment Corporation

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  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. 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.
  5. 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.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

PennantPark Investment Corporation stock price (NASDAQ: PNNT)

Use our graph to track the performance of PNNT stocks over time.

PennantPark Investment Corporation shares at a glance

Information last updated 2021-10-17.
Latest market close$6.75
52-week range$2.58 - $7.15
50-day moving average $6.51
200-day moving average $6.56
Wall St. target price$7.75
PE ratio 2.9973
Dividend yield $0.48 (7.22%)
Earnings per share (TTM) $2.25

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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

Historical closes compared with the close of $6.75 from 2021-10-15

1 week (2021-10-11) 2.58%
1 month (2021-09-17) 5.80%
3 months (2021-07-19) 4.65%
6 months (2021-04-19) 2.58%
1 year (2020-10-16) 113.61%
2 years (2019-10-18) 10.11%
3 years (2018-10-18) 7.14
5 years (2016-10-18) 7.51

Is PennantPark Investment Corporation under- or over-valued?

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 3x. In other words, PennantPark Investment Corporation shares trade at around 3x 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 0.3072. 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 $79.7 million
Operating margin TTM 73.08%
Gross profit TTM $100.2 million
Return on assets TTM 2.85%
Return on equity TTM 25.87%
Profit margin 189.39%
Book value $9.59
Market capitalisation $452.6 million

TTM: trailing 12 months

Shorting PennantPark Investment Corporation shares

There are currently 303,216 PennantPark Investment Corporation shares held short by investors – that's known as PennantPark Investment Corporation's "short interest". This figure is 9.6% down from 335,475 last month.

There are a few different ways that this level of interest in shorting PennantPark Investment Corporation shares can be evaluated.

PennantPark Investment Corporation's "short interest ratio" (SIR)

PennantPark Investment Corporation's "short interest ratio" (SIR) is the quantity of PennantPark Investment Corporation shares currently shorted divided by the average quantity of PennantPark Investment Corporation shares traded daily (recently around 246517.07317073). PennantPark Investment Corporation's SIR currently stands at 1.23. In other words for every 100,000 PennantPark Investment Corporation shares traded daily on the market, roughly 1230 shares are currently held short.

However PennantPark Investment Corporation's short interest can also be evaluated against the total number of PennantPark Investment Corporation shares, or, against the total number of tradable PennantPark Investment Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case PennantPark Investment Corporation's short interest could be expressed as 0% of the outstanding shares (for every 100,000 PennantPark Investment Corporation shares in existence, roughly 0 shares are currently held short) or 0.0047% of the tradable shares (for every 100,000 tradable PennantPark Investment Corporation shares, roughly 5 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against PennantPark Investment Corporation.

Find out more about how you can short PennantPark Investment Corporation stock.

PennantPark Investment Corporation share dividends

21%

Dividend payout ratio: 21.19% of net profits

Recently PennantPark Investment Corporation has paid out, on average, around 21.19% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.11% 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 7.11% return on their shares, in the form of dividend payments. In PennantPark Investment Corporation's case, that would currently equate to about $0.48 per share.

While PennantPark Investment Corporation's payout ratio might seem low, this can signify that PennantPark Investment Corporation is investing more in its future growth.

PennantPark Investment Corporation's most recent dividend payout was on 30 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 15 September 2021 (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 $2.582 up to $7.1505. A popular way to gauge a stock's volatility is its "beta".

PNNT.US volatility(beta: 1.98)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while PennantPark Investment Corporation's is 1.9847. 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 is a business development company. It 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 building and real estate, hotels and gaming, electronics, healthcare, education and childcare, financial services, printing and publishing, consumer products, business services, energy and utilities, distribution, oil and gas, media, environmental services, aerospace and defense, manufacturing industries and retail. It invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, subordinated loans, mezzanine loans, and senior secured loans. It seeks to invest in companies based in the United States. The fund seeks to invest between $10 million and $50 million in its portfolio companies.

Frequently asked questions

What percentage of PennantPark Investment Corporation is owned by insiders or institutions?
Currently 2.555% of PennantPark Investment Corporation shares are held by insiders and 35.731% 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: 590 Madison Avenue, New York, NY, United States, 10022
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

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