PennantPark Investment (NASDAQ:PNNT) Updates Q1 2025 Earnings Guidance

PennantPark Investment (NASDAQ:PNNT) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.190-0.210 for the period, compared to the consensus earnings per share estimate of 0.210. The company issued revenue guidance of -.

PennantPark Investment Trading Up 0.9 %

Shares of PennantPark Investment stock traded up $0.07 on Thursday, hitting $7.21. The stock had a trading volume of 247,550 shares, compared to its average volume of 381,895. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 1.56. PennantPark Investment has a one year low of $6.43 and a one year high of $8.04. The stock has a market cap of $470.49 million, a price-to-earnings ratio of 42.38 and a beta of 1.47. The stock’s 50-day simple moving average is $6.97 and its two-hundred day simple moving average is $7.05.

PennantPark Investment Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be issued a $0.08 dividend. This represents a $0.96 annualized dividend and a yield of 13.32%. The ex-dividend date of this dividend is Wednesday, January 15th. PennantPark Investment’s dividend payout ratio (DPR) is currently 564.74%.

Wall Street Analysts Forecast Growth

Separately, LADENBURG THALM/SH SH cut shares of PennantPark Investment from a “buy” rating to a “neutral” rating in a report on Wednesday, November 27th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $6.00.

PennantPark Investment Company Profile

PennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The fund typically invests in buildings and real estate, hotels, gaming and leisure, technology, telecommunications, transportation, information technology services, electronics, healthcare & pharmaceuticals, education and childcare, financial services, printing and publishing, consumer products, business services, energy & Related Services and utilities, distribution, oil and gas, media, environmental services, aerospace and defense, building materials, capital equipment, chemicals, plastics, & rubber, food & beverage, wholesale, manufacturing and basic industries and retail.