Pennantpark Investment Stock News

We take a look at the action in BDCs through the third week of November and highlight some of the key themes we are seeing. BDCs had an off week and, as a sector, are now only marginally up for Novemb

Brokerages predict that PennantPark Investment Co. (NASDAQ:PNNT) will report earnings of $0.13 per share for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for PennantPark Investments earnings. The highest EPS estimate is $0.14 and the lowest is $0.11. PennantPark Investment reported earnings of $0.12 per share during the same quarter []

PennantPark Investment (NASDAQ:PNNT) was upgraded by Zacks Investment Research from a sell rating to a hold rating in a research note issued to investors on Tuesday, Zacks.com reports. According to Zacks, PennantPark Investment Corporation is a business development company which principally invests in U.S. middle-market private companies in the form of mezzanine debt, senior secured []

PennantPark Investment Co. (NASDAQ:PNNT) Stock analysts at Jefferies Financial Group upped their Q2 2022 earnings per share estimates for shares of PennantPark Investment in a research note issued on Thursday, November 18th. Jefferies Financial Group analyst K. Joseph now forecasts that the asset manager will post earnings of $0.15 per share for the quarter, []

The unfavorable situation of PNNT is slowly changing. Current risk factors seem manageable, while the percentage of safer assets in their investment portfolio is growing.

This article discusses a BDC that's currently yielding 6.6% but will likely be increasing its dividend for the reasons discussed in this article.

JPMorgan Chase & Co. upgraded shares of PennantPark Investment (NASDAQ:PNNT) from an underweight rating to a neutral rating in a research note published on Friday, Analyst Ratings Network reports. The brokerage currently has $7.50 price target on the asset managers stock. Several other analysts have also recently issued reports on PNNT. JMP Securities reaffirmed a []

PennantPark Investment Corporation (PNNT) CEO Art Penn on Q4 2021 Results - Earnings Call Transcript

PennantPark Investment (NASDAQ:PNNT) announced its quarterly earnings data on Tuesday. The asset manager reported $0.17 EPS for the quarter, topping the Zacks consensus estimate of $0.14 by $0.03, MarketWatch Earnings reports. PennantPark Investment had a return on equity of 5.81% and a net margin of 189.39%. During the same quarter in the prior year, the []

NEW YORK, Nov. 17, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the fourth quarter and fiscal year ended September 30, 2021.

PennantPark (PNNT) delivered earnings and revenue surprises of 21.43% and 9.93%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Pennant Park Investment (NASDAQ:PNNT) reported its Q4 earnings results on Wednesday, November 17, 2021 at 04:05 PM. Here's what investors need to know about the announcement.