PennantPark Floating Rate Capital Ltd. Stock News

Dividend stocks have more than doubled the average annual return of non-payers over the last half-century. A premier real estate investment trust (REIT) that's raised its payout for 106 consecutive qu

PennantPark Floating Rate Capital provides an opportunity to collect a consistently high yield in this higher interest rate environment. Despite the fluctuation of interest rates over the last decade,

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PennantPark Floating Rate Capital has a consistent history of distributions and attractive returns, outperforming its sister company PNNT. PFLT focuses on first lien debt investments, offering more sa

MIAMI, April 03, 2024 (GLOBE NEWSWIRE) --  PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE:PFLT) announced that it will report results for the second fiscal quarter ended Ma

Zacks.com users have recently been watching PennantPark (PFLT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

PennantPark (PFLT) closed at $11.27 in the latest trading session, marking a +0.18% move from the prior day.

In the latest trading session, PennantPark (PFLT) closed at $11.20, marking a +0.27% move from the previous day.

PennantPark (PFLT) reachead $11.14 at the closing of the latest trading day, reflecting a -1.42% change compared to its last close.

Recently, Zacks.com users have been paying close attention to PennantPark (PFLT). This makes it worthwhile to examine what the stock has in store.

PennantPark (PFLT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Business development companies, or BDCs, have performed well in the last several years thanks to a higher rate environment, but the outlook may not be as favorable with potential rate cuts. PennantPar

PennantPark (PFLT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimat

PennantPark (PFLT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

PennantPark Floating Rate Capital (PFLT) Q1 2024 Earnings Call Transcript