PennantPark Floating Rate Capital upgraded by Maxim Group with a new price target
$PFLT
Finance: Consumer Services
Finance
Maxim Group upgraded PennantPark Floating Rate Capital from Hold to Buy and set a new price target of $12.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/12/2024 | $12.00 | Hold → Buy | Maxim Group |
| 6/8/2023 | $11.00 | Neutral | UBS |
| 8/9/2021 | $13.50 | Buy → Neutral | Ladenburg Thalmann |
| 7/9/2021 | Perform | Oppenheimer |
4 - PennantPark Floating Rate Capital Ltd. (0001504619) (Issuer)
4 - PennantPark Floating Rate Capital Ltd. (0001504619) (Issuer)
4 - PennantPark Floating Rate Capital Ltd. (0001504619) (Issuer)
MIAMI, Nov. 04, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE:PFLT) declares its monthly distribution for November 2024 of $0.1025 per share, payable on December 2, 2024 to stockholders of record as of November 15, 2024. 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. The Company, which operates as a regulated investment company ("RIC"), generates qualified interest income and short-term capital ga
MIAMI, Oct. 03, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE:PFLT) announced that it will report results for the fourth fiscal quarter ended September 30, 2024 on Monday, November 25, 2024 after the close of the financial markets. The Company will also host a conference call at 9:00 a.m. (Eastern Time) on Tuesday November 26, 2024 to discuss its financial results. All interested parties are welcome to participate. You can access the conference call by dialing toll-free (888) 394-8218 approximately 5-10 minutes prior to the call. International callers should dial (646) 828-8193. All callers should reference conference ID #3226260 or PennantPark Floa
MIAMI, Oct. 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE:PFLT) declares its monthly distribution for October 2024 of $0.1025 per share, payable on November 1, 2024 to stockholders of record as of October 16, 2024. 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. The Company, which operates as a regulated investment company ("RIC"), generates qualified interest income and short-term capital gain
PennantPark Floating Rate (NYSE:PFLT) reported quarterly earnings of $0.31 per share which missed the analyst consensus estimate of $0.32 by 3.13 percent. This is a 8.82 percent decrease over earnings of $0.34 per share from the same period last year. The company reported quarterly sales of $44.354 million which beat the analyst consensus estimate of $39.452 million by 12.42 percent. This is a 28.36 percent increase over sales of $34.554 million the same period last year.
JMP Securities analyst Kevin Fitzsimmons reiterates PennantPark Floating Rate (NYSE:PFLT) with a Market Outperform and maintains $12.5 price target.
MIAMI, May 06, 2022 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE:PFLT) (TASE: PFLT) announced today the appointment of Mr. José A. Briones, Jr. to the Company's Board of Directors, effective May 3, 2022. Mr. Briones is a Senior Partner at PennantPark Investment Advisers, LLC ("PennantPark"). His appointment brings the Company's Board of Directors to six members. "On behalf of the Company's Board of Directors and PennantPark, I am delighted to welcome José to the Company's Board of Directors. José has been instrumental to our success, and we look forward to his contributions for many years ahead," said Art Penn, Chairman and CEO. "Our firm continues to p
NEW YORK, June 21, 2021 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) ("we," "our," "PFLT" or the "Company") announced today that it has appointed Richard Cheung as its Chief Financial Officer and Treasurer, effective June 21, 2021. Mr. Cheung most recently served as Senior Managing Director and Head of Alternative Investment Accounting at Guggenheim Partners, LLC ("Guggenheim"), where he has served in various roles since 2008. Prior to joining Guggenheim in 2008, Mr. Cheung spent the majority of his career at Ernst & Young LLP in its financial services industry practice where he managed audits for a variety of funds. Mr. Cheung holds a B.S. in Accounting and Fi
MIAMI, Nov. 04, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE:PFLT) declares its monthly distribution for November 2024 of $0.1025 per share, payable on December 2, 2024 to stockholders of record as of November 15, 2024. 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. The Company, which operates as a regulated investment company ("RIC"), generates qualified interest income and short-term capital ga
MIAMI, Oct. 03, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE:PFLT) announced that it will report results for the fourth fiscal quarter ended September 30, 2024 on Monday, November 25, 2024 after the close of the financial markets. The Company will also host a conference call at 9:00 a.m. (Eastern Time) on Tuesday November 26, 2024 to discuss its financial results. All interested parties are welcome to participate. You can access the conference call by dialing toll-free (888) 394-8218 approximately 5-10 minutes prior to the call. International callers should dial (646) 828-8193. All callers should reference conference ID #3226260 or PennantPark Floa
MIAMI, Oct. 02, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE:PFLT) declares its monthly distribution for October 2024 of $0.1025 per share, payable on November 1, 2024 to stockholders of record as of October 16, 2024. 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. The Company, which operates as a regulated investment company ("RIC"), generates qualified interest income and short-term capital gain
Maxim Group upgraded PennantPark Floating Rate Capital from Hold to Buy and set a new price target of $12.00
UBS initiated coverage of PennantPark Floating Rate Capital with a rating of Neutral and set a new price target of $11.00
Ladenburg Thalmann downgraded PennantPark Floating Rate from Buy to Neutral and set a new price target of $13.50
4 - PennantPark Floating Rate Capital Ltd. (0001504619) (Issuer)
4 - PennantPark Floating Rate Capital Ltd. (0001504619) (Issuer)
4 - PennantPark Floating Rate Capital Ltd. (0001504619) (Issuer)
8-K - PennantPark Floating Rate Capital Ltd. (0001504619) (Filer)
8-K - PennantPark Floating Rate Capital Ltd. (0001504619) (Filer)
8-K - PennantPark Floating Rate Capital Ltd. (0001504619) (Filer)