Pennantpark Floating Rate Capital Stock News

What's better than an asset class that can deliver 8% in annual income like clockwork?

PennantPark Floating Rate Capital (PFLT) CEO Art Penn on Q1 2022 Results - Earnings Call Transcript

PennantPark (PFLT) delivered earnings and revenue surprises of 17.86% and 22.34%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Inflationary pressures are forcing the central bank's hand.

PennantPark Floating Rate Capital: Slow And Steady 8.76% Yield

These top-tier income stocks dole out an average yield of 9.07%!

PennantPark Floating Rate Capital Ltd (PFLT) shares closed today at 1.2% below its 52 week high of $13.72, giving the company a market cap of $528M. The stock is currently up 6.2% year-to-date, up 31.8% over the past 12 months, and up 49.8% over the past five years. This week, the Dow Jones Industrial Average fell 1.4%, and the S&P 500 fell 1.6%. Trading Activity Trading volume this week was 3.1% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.6. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -12373.8% The company's stock price performance over the past 12 months beats the peer average by 6075.7% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

NEW YORK, Jan. 06, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NASDAQ: PFLT) (TASE:PFLT) announced that it will report results for the first fiscal quarter ended D

International Assets Investment Management LLC lowered its holdings in PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) by 9.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 23,700 shares of the asset managers stock after selling 2,600 shares during the quarter. International Assets Investment Management LLC []

Imagine a stock or fund that paid out its dividends once a month! Instead of quarterly, semi-annually or (ugh) annually, your anticipatory angst waiting for money is reduced by 300%, or more! These De

Equities research analysts forecast that PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) will post $0.28 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for PennantPark Floating Rate Capital’s earnings. The lowest EPS estimate is $0.27 and the highest is $0.28. PennantPark Floating Rate Capital posted earnings per […]

Wall Street analysts expect PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) to post $0.28 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for PennantPark Floating Rate Capital’s earnings, with estimates ranging from $0.27 to $0.28. PennantPark Floating Rate Capital reported earnings per share of $0.26 in […]

Analysts expect PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) to announce earnings per share of $0.28 for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for PennantPark Floating Rate Capitals earnings. The highest EPS estimate is $0.28 and the lowest is $0.27. PennantPark Floating Rate Capital posted earnings per share of $0.26 in []

Optimum Investment Advisors trimmed its position in shares of PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) by 7.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,596 shares of the asset managers stock after selling 3,149 shares during the quarter. Optimum []