PFLT Stock: PennantPark Floating Rate Capital Ltd. Stock Price, Analysis & Insights
Get live pflt stock price $9.26, comprehensive PennantPark Floating Rate Capital Ltd. stock analysis, charts, news, and expert forecast. Real-time pflt stock data and investment insights.
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Company Overview
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.
Company Information
- CEO
- Arthur Howard Penn
- Sector
- Financial Services
- Industry
- Asset Management
- Employees
- 0
Contact Information
- Website
- https://pflt.pennantpark.com
- Address
- 1691 Michigan Avenue
- Country
- US
Investment Analysis & Business Insights
Investment Highlights
✓ Strong presence in the Financial Services sector with established market position
✓ Valuation metrics suggest potential value opportunity (P/E: 12.9)
✓ Lower volatility stock (Beta: 0.74) may provide portfolio stability
Business Model & Strategy
PennantPark Floating Rate Capital Ltd. operates in the Asset Management industry, focusing on financial intermediation, banking services, and investment management. Under the leadership of CEO Arthur Howard Penn, the company navigates Financial Services sector dynamics while pursuing growth opportunities. The Asset Management model requires risk management, regulatory compliance, and customer trust to maintain competitiveness and drive shareholder value.
Market Position & Competitive Landscape
PennantPark Floating Rate Capital Ltd. competes in the Asset Management within the broader Financial Services. With 918.8 million in market capitalization, the company is positioned as a emerging competitor in its sector. The Financial Services is characterized by economic cycles, regulatory evolution, and digital transformation. As a publicly traded company on the New York Stock Exchange, PennantPark Floating Rate Capital Ltd. provides investors with liquidity and transparency while subject to regulatory oversight. Investors evaluating PennantPark Floating Rate Capital Ltd. should consider industry-specific trends, competitive positioning, and Financial Services sector fundamentals.
Important Investment Considerations
- ⚠All investments carry risk, including potential loss of principal for PennantPark Floating Rate Capital Ltd. shareholders
- ⚠Market volatility can significantly impact stock price, especially for smaller companies
- ⚠Sector-specific risks in Financial Services may affect company performance
- ⚠Past performance does not guarantee future results for PennantPark Floating Rate Capital Ltd.
- ⚠Investors should consider how PennantPark Floating Rate Capital Ltd. fits within their overall portfolio allocation
- ⚠Valuation metrics suggest potential, but require fundamental analysis
Market Cap
918.76M
P/E Ratio
12.86
Beta
0.74
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Financial Services leader with 918.76M market capitalization
- Trading Volume: 34.70K shares traded today
- Price Range: 52-week range of $8.40 - $11.50
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for PennantPark Floating Rate Capital Ltd.
PennantPark Floating Rate Capital Ltd. (PFLT) operates in the Asset Management industry within the Financial Services sector. With a current market capitalization of 918.76M, the company represents a significant player in its market. The stock is currently trading at $9.26 with a positivedaily change of 0.33%.
The company's 0 employee base and presence on the New York Stock Exchangeexchange position it as a Financial Services sector leader. Investors should consider the stock's P/E ratio of 12.86, beta of 0.74, and 52-week price range from $8.40 to $11.50when evaluating investment opportunities.
Why Invest in PennantPark Floating Rate Capital Ltd.?
Strengths
- • Established market presence in Financial Services
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Arthur Howard Penn
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Financial Services Stocks
About Financial Services Sector
The Financial Services sector includes companies that provide banking, insurance, investment, and other financial services to consumers and businesses.