PFLT

PennantPark Floating Rate Capital Ltd
NYSEFINANCIAL SERVICESASSET MANAGEMENT

Key Statistics

Market Cap
$733.22M
P/E Ratio
14.49
EPS
$0.51
Beta
0.77
52W High
$8.99
52W Low
$6.75
50-Day MA
$7.28
200-Day MA
$8.35
Dividend Yield
16.30%
Profit Margin
18.50%
Forward P/E
6.94
PEG Ratio
0.26

About PennantPark Floating Rate Capital Ltd

PennantPark Floating Rate Capital Ltd (PFLT) is a specialized business development company that offers flexible financing solutions, primarily through floating rate loans to middle-market companies. The firm is dedicated to capital preservation while delivering consistent income and attractive risk-adjusted returns through a diversified portfolio of debt instruments. With an experienced management team and strong strategic partnerships, PFLT is strategically positioned to adapt to market changes and capitalize on growth opportunities in the middle-market lending sector, making it a compelling choice for institutional investors prioritizing stability and yield.

Official WebsiteUSAFY End: September

Fundamentals

Revenue (TTM)$271.11M
Gross Profit (TTM)$271.11M
EBITDA
Operating Margin77.10%
Return on Equity4.77%
Return on Assets5.09%
Revenue/Share (TTM)$2.73
Book Value$10.47
Price-to-Book0.72
Price-to-Sales (TTM)2.70
EV/Revenue37.33
EV/EBITDA26.01
Quarterly Earnings Growth (YoY)-60.70%
Quarterly Revenue Growth (YoY)4.10%
Shares Outstanding$99.22M
Float0
% Insiders0.89%
% Institutions24.24%

Historical Volatility

HV 10-Day
14.74%
HV 20-Day
16.19%
HV 30-Day
21.79%
HV 60-Day
25.00%
HV Rank
38.1%

Volatility is currently contracting

Analyst Ratings

Consensus ($9.75 target)
3
Strong Buy
2
Buy
2
Hold

Latest News

PennantPark Floating Rate Capital Ltd.'s Unconsolidated Joint Venture, PennantPark Senior Secured Loan Fund I LLC Completes the Reset of $316.7 Million Securitization, Substantially Reducing Borrowing Costs

MIAMI, Aug. 31, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) announced that PennantPark Senior Secured Loan Fund I LLC (“PSSL”), through PSSL's wholly-owned and consolidated subsidiary, PennantPark CLO II, Ltd (“CLO II”), has closed the reset of a four-year reinvestment period, twelve-year final maturity $316.7 million debt securitization.

GlobeNewsWire8/31/2026Neutral
PennantPark Floating Rate Capital: Better Dividend Coverage But Same Problems

PennantPark Floating Rate Capital remains a hold due to persistent NAV declines and headwinds from elevated interest rates. PFLT's dividend was reduced to 12.8% yield, now covered by net investment income, but coverage remains thin and growth momentum is lacking. Net investment activity remains negative as sales and repayments outpace new investments, with a high debt-to-equity ratio of 1.56x constraining growth.

Seeking Alpha8/13/2026Neutral
July Income Rising - 1 Raise And 4 Business Development Company Cuts

WP Carey (WPC) delivered a steady dividend raise, maintaining a 5.1% yield and demonstrating resilient income performance. Four BDCs—PFLT, CCAP, CGBD, OBDC—implemented double-digit dividend cuts, reflecting sector volatility and recent price declines near 52-week lows. Despite dividend reductions, all BDCs remain in the RIG portfolio, with recommendations to hold as dividend coverage stabilizes and recovery potential emerges.

Seeking Alpha8/5/2026Neutral
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.0833 per Share

MIAMI, Aug. 04, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for August 2026 of $0.0833 per share, comprised of an $0.08 per share base dividend and $0.0033 per share supplemental dividend, payable on September 1, 2026 to stockholders of record as of August 14, 2026. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.

GlobeNewsWire8/4/2026Neutral
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.0833 per Share

MIAMI, July 02, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) declares its monthly distribution for July 2026 of $0.0833 per share, comprised of an $0.08 per share base dividend and $0.0033 per share supplemental dividend, payable on August 3, 2026 to stockholders of record as of July 15, 2026. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.

GlobeNewsWire7/2/2026Neutral

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Data last updated: 9/7/2026