PennantPark Floating Rate Capital Ltd. (PFLT)

US — Financial Services Sector

Peers: GAIN HRZN SCM PSEC GLAD MAIN WHF FDUS

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Key Metrics & Ratings

symbol PFLT
Rev/Share 2.642
Book/Share 13.0674
PB 0.7974
Debt/Equity 1.2798
CurrentRatio 4.8238
ROIC 0.0382

MktCap 1033850518.0
FreeCF/Share -9.7671
PFCF -1.2962
PE 8.2933
Debt/Assets 0.5525
DivYield 0.1082
ROE 0.1102

Rating B
Score 3
Recommendation Neutral
P/E Score 3
DCF Score 1
P/B Score 3
D/E Score 1

Recent Analyst Ratings

Type	Ticker	Analyst Firm	Previous Rating	Current Rating	Previous Price Target	Current Price Target	Date
Upgrade	PFLT	Ladenburg Thalmann	Neutral	Buy	--	$10.5	May 13, 2025
Initiation	PFLT	Raymond James	--	Market Perform	--	--	Dec. 20, 2024

News

These 5 Monthly ETFs Yield Over 9% — and No One Talks About Them

DX, EFC, HRZN, PFLT, SCM
Published: June 13, 2025 by: 24/7 Wall Street
Sentiment: Positive

Business development companies and real estate investment trusts dominate high-yield monthly payers, benefiting from high interest rates in 2025, though economic downturns pose challenges.

image for news These 5 Monthly ETFs Yield Over 9% — and No One Talks About Them

The Fed Could Cut Rates in September: 3 Ultra-High-Yield Dividend Stocks Could Explode Higher

NLY, PFLT, TXO
Published: June 09, 2025 by: 24/7 Wall Street
Sentiment: Positive

The rate cut likely would be 25 basis points, or 1/4 of 1%. Are ultra-high-yield stocks a good fit for your portfolio in front of potential rate cuts?

image for news The Fed Could Cut Rates in September: 3 Ultra-High-Yield Dividend Stocks Could Explode Higher

PennantPark Floating Rate Capital: Weak Q2 Earnings Warrants Caution (Rating Downgrade)

PFLT
Published: May 17, 2025 by: Seeking Alpha
Sentiment: Negative

I am downgrading PFLT due to rising non-accruals, weaker earnings, increased debt, and questionable dividend coverage amid sector-wide headwinds. Despite trading at a discount to NAV and offering a high yield, I am cautious as portfolio quality and underwriting standards face pressure in a competitive environment. Q2 earnings missed expectations, with net investment income below the dividend payout, raising concerns about sustainability, though liquidity remains strong.

image for news PennantPark Floating Rate Capital: Weak Q2 Earnings Warrants Caution (Rating Downgrade)

PennantPark Floating Rate Capital: Sustainable High-Yield Case In A Volatile Environment

PFLT
Published: May 14, 2025 by: Seeking Alpha
Sentiment: Positive

PFLT's share price has declined by almost 8% on a YTD basis. The Q1 2025 net investment figure has dropped below what is needed to cover the base dividend. The question is whether the share price drop has been justified and, more importantly, whether PFTL could still be considered a sustainable high-yield value play.

image for news PennantPark Floating Rate Capital: Sustainable High-Yield Case In A Volatile Environment

PennantPark Floating Rate Capital (PFLT) Q2 2025 Earnings Call Transcript

PFLT
Published: May 13, 2025 by: Seeking Alpha
Sentiment: Neutral

PennantPark Floating Rate Capital (NYSE:PFLT ) Q2 2025 Results Conference Call May 13, 2025 9:00 AM ET Company Participants Art Penn - Chairman and Chief Executive Officer Richard Allorto - Chief Financial Officer Conference Call Participants Robert Dodd - Raymond James Mark Hughes - Truist Mickey Schleien - Ladenburg Doug Harter - UBS Operator Good morning, and welcome to the PennantPark Floating Rate Capital Second Fiscal Quarter 2025 Earnings Conference Call. Today's conference is being recorded.

image for news PennantPark Floating Rate Capital (PFLT) Q2 2025 Earnings Call Transcript

30 April Ideal "Safer" Monthly Paying Dividend Stocks And 80 Funds

AGNC, APLE, APLY, ARR, BMA, CNDCF, DX, EARN, FEPI, GOOD, HRZN, JPMO, MAXI, MSFO, ORC, PFLT, QYLG, SRRTF, USOI, XDTE, XOMO, XYLG
Published: April 30, 2025 by: Seeking Alpha
Sentiment: Positive

Investing $1,000 in top-yielding MoPay stocks can yield significant returns, with estimated gains of 21.06% to 40.99% by April 2026. MoPay stocks are affordable but come with higher volatility and risk, making them suitable for investors seeking high yields despite potential market fluctuations. Analyst predictions for MoPay stocks are 60% accurate for top gainers, but caution is advised as accuracy on the degree of change is low.

image for news 30 April Ideal "Safer" Monthly Paying Dividend Stocks And 80 Funds

My 3 Biggest BDC Investing Mistakes Worth Avoiding

BIZD, BXSL, CION, MSDL, OCSL, PFLT
Published: April 30, 2025 by: Seeking Alpha
Sentiment: Negative

I've been tracking major BDCs for over three years, achieving high total returns and dividends, and outperforming the BDC index. My investments in BDCs are motivated by high yield, diversification from traditional dividend picks, and the potential to outperform in an underexplored market. Yet, there have been many bumps in the process, and some of them quite painful.

image for news My 3 Biggest BDC Investing Mistakes Worth Avoiding

Want $300 in Safe Monthly Dividend Income? Invest $35,125 Into the Following 3 Ultra-High-Yield Stocks.

AGNC, O, PFLT
Published: March 24, 2025 by: The Motley Fool
Sentiment: Positive

For well over a century, Wall Street has been a wealth-building machine. Though there is no shortage of pathways to grow your wealth in the stock market, few strategies have proved more fruitful over long periods than buying and holding high-quality dividend stocks.

image for news Want $300 in Safe Monthly Dividend Income? Invest $35,125 Into the Following 3 Ultra-High-Yield Stocks.

Best Income Stocks to Buy for March 21st

CION, FHB, PFLT
Published: March 21, 2025 by: Zacks Investment Research
Sentiment: Positive

CION, PFLT and FHB made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 21, 2025.

image for news Best Income Stocks to Buy for March 21st

All You Need to Know About PennantPark (PFLT) Rating Upgrade to Strong Buy

PFLT
Published: March 17, 2025 by: Zacks Investment Research
Sentiment: Positive

PennantPark (PFLT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

image for news All You Need to Know About PennantPark (PFLT) Rating Upgrade to Strong Buy

Best Income Stocks to Buy for March 17th

HSNGY, PAA, PFLT
Published: March 17, 2025 by: Zacks Investment Research
Sentiment: Positive

HSNGY, PFLT and PAA made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 17, 2025.

image for news Best Income Stocks to Buy for March 17th

2 Names To Boost Your Passive Income

PFLT, VZ
Published: February 26, 2025 by: Seeking Alpha
Sentiment: Positive

When it comes to investing, there are always many selections that investors have in terms of the approach they want to take. As I'm a heavily income-oriented investor, I tend to straddle my selections primarily through higher-yielding investment options but also dividend growth choices. Dividend growth investments may not be as exciting up front, but over time, all the small increases can add up.

image for news 2 Names To Boost Your Passive Income

5 'Safe' Buys In 35 February Dividend Power Dogs

ARR, BSM, BWMX, EARN, GOGL, HAFN, INSW, IVR, KSS, MITT, PBR, PFLT, SBLK, SHIP, STLA
Published: February 12, 2025 by: Seeking Alpha
Sentiment: Positive

The Dividend Power strategy focuses on stocks with high earnings and dividend yields, creating a resilient portfolio for both downturns and bull markets. Top five Dividend Power stocks for February 2025 include Black Stone Minerals, AG Mortgage Investment, Golden Ocean, ARMOUR Residential, and Invesco Mortgage Capital. Analysts project significant net gains for top Dividend Power stocks, with AG Mortgage and Seanergy Maritime showing the highest potential returns by February 2026.

image for news 5 'Safe' Buys In 35 February Dividend Power Dogs

PennantPark Floating Rate Capital (PFLT) Q1 2025 Earnings Call Transcript

PFLT
Published: February 11, 2025 by: Seeking Alpha
Sentiment: Neutral

PennantPark Floating Rate Capital (NYSE:PFLT ) Q1 2025 Earnings Conference Call February 11, 2025 9:00 AM ET Company Participants Art Penn - Chairman and Chief Executive Officer Richard Allorto - Chief Financial Officer Conference Call Participants Robert Dodd - Raymond James Brian McKenna - Citizens JMP Mark Hughes - Truist Mickey Schleien - Ladenburg Paul Johnson - KBW Operator Good morning, and welcome to the PennantPark Floating Rate Capital's First Fiscal Quarter 2025 Earnings Conference Call. Today's conference is being recorded.

image for news PennantPark Floating Rate Capital (PFLT) Q1 2025 Earnings Call Transcript

Compared to Estimates, PennantPark (PFLT) Q1 Earnings: A Look at Key Metrics

PFLT
Published: February 10, 2025 by: Zacks Investment Research
Sentiment: Positive

The headline numbers for PennantPark (PFLT) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

image for news Compared to Estimates, PennantPark (PFLT) Q1 Earnings: A Look at Key Metrics

PennantPark (PFLT) Q1 Earnings and Revenues Beat Estimates

PFLT
Published: February 10, 2025 by: Zacks Investment Research
Sentiment: Positive

PennantPark (PFLT) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.33 per share a year ago.

image for news PennantPark (PFLT) Q1 Earnings and Revenues Beat Estimates

About PennantPark Floating Rate Capital Ltd. (PFLT)

IPO Date 2011-04-08
Website https://pflt.pennantpark.com
Industry Asset Management
CEO Mr. Arthur Howard Penn
Employees 0

PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.