PennantPark Investment downgraded by Compass Point with a new price target
$PNNT
Finance: Consumer Services
Finance
Compass Point downgraded PennantPark Investment from Neutral to Sell and set a new price target of $5.75
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/13/2025 | $6.25 | Mkt Perform → Underperform | Keefe Bruyette |
| 5/21/2025 | $5.75 | Neutral → Sell | Compass Point |
| 11/27/2024 | Buy → Neutral | Ladenburg Thalmann | |
| 9/9/2024 | $6.00 | Sell → Neutral | Compass Point |
| 7/15/2024 | $6.50 | Neutral → Sell | Compass Point |
| 5/10/2024 | Outperform → Mkt Perform | Raymond James | |
| 8/15/2023 | $6.75 | Buy → Neutral | Compass Point |
| 2/9/2023 | $7.00 → $5.50 | Outperform → Mkt Perform | Keefe Bruyette |
MIAMI, Aug. 11, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE:PNNT) announced today its financial results for the third quarter ended June 30, 2025. HIGHLIGHTS Quarter ended June 30, 2025 (unaudited)($ in millions, except per share amounts) Assets and Liabilities: Investment portfolio (1) $1,171.6 Net assets $480.6 Net asset value per share $7.36 Quarterly change in net asset value per share (1.6)% Credit Facility $316.4 2026 Notes, net of unamortized deferred financing costs $149.2 2026-2 Notes, net of unamortized deferred financing costs $163.7 Regulatory debt to equity 1.31x Weighted average yield on debt in
MIAMI, Aug. 04, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE:PNNT), as previously announced on July 14, 2025, declared its monthly distribution for August 2025 of $0.08 per share, payable on September 2, 2025 to stockholders of record as of August 15, 2025 and declared its monthly distribution for September 2025 of $0.08 per share, payable on September 30, 2025 to stockholders of record as of September 15, 2025. The distributions are expected to be paid from taxable net investment income. The final specific tax characteristics of the distributions will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's perio
MIAMI, July 23, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE:PNNT) today announced that PennantPark Senior Loan Fund, LLC ("PSLF") through PSLF's wholly-owned and consolidated subsidiary, PennantPark CLO VII, LLC ("CLO VII") has closed the partial refinancing of its $300 million debt securitization. The partial refinancing of this securitization (the "Debt") impacted the following tranches: ClassPar Amount($ in millions)CouponExpected Rating(S&P)Issuance PriceB-R Loans$21,000,0003 Mo SOFR + 1.95%AA100.0%C-R Loans24,000,0003 Mo SOFR + 2.30%A100.0%D-R Loans18,000,0003 Mo SOFR + 3.35%BBB-100.0% "The partial refinancing of this PSLF securitization is
4 - PENNANTPARK INVESTMENT CORP (0001383414) (Issuer)
4 - PENNANTPARK INVESTMENT CORP (0001383414) (Issuer)
4 - PENNANTPARK INVESTMENT CORP (0001383414) (Issuer)
Keefe Bruyette downgraded PennantPark Investment from Mkt Perform to Underperform and set a new price target of $6.25
Compass Point downgraded PennantPark Investment from Neutral to Sell and set a new price target of $5.75
Ladenburg Thalmann downgraded PennantPark Investment from Buy to Neutral
10-Q - PENNANTPARK INVESTMENT CORP (0001383414) (Filer)
8-K - PENNANTPARK INVESTMENT CORP (0001383414) (Filer)
8-K - PENNANTPARK INVESTMENT CORP (0001383414) (Filer)
4 - PENNANTPARK INVESTMENT CORP (0001383414) (Issuer)
4 - PENNANTPARK INVESTMENT CORP (0001383414) (Issuer)
4 - PENNANTPARK INVESTMENT CORP (0001383414) (Issuer)
MIAMI, May 06, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE:PNNT) 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 provide investors
NEW YORK, June 21, 2021 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NASDAQ:PNNT) ("we," "our," "PNNT" 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 Financ
MIAMI, Aug. 11, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE:PNNT) announced today its financial results for the third quarter ended June 30, 2025. HIGHLIGHTS Quarter ended June 30, 2025 (unaudited)($ in millions, except per share amounts) Assets and Liabilities: Investment portfolio (1) $1,171.6 Net assets $480.6 Net asset value per share $7.36 Quarterly change in net asset value per share (1.6)% Credit Facility $316.4 2026 Notes, net of unamortized deferred financing costs $149.2 2026-2 Notes, net of unamortized deferred financing costs $163.7 Regulatory debt to equity 1.31x Weighted average yield on debt in
MIAMI, July 03, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE:PNNT) announced that it will report results for the third fiscal quarter ended June 30, 2025 on Monday, August 11, 2025 after the close of the financial markets. The Company will also host a conference call at 12:00 p.m. (Eastern Time) on Tuesday, August 12, 2025 to discuss its financial results. All interested parties are welcome to participate. You can access the conference call by dialing toll-free (888) 394-8218 approximately 5-10 minutes prior to the call. International callers should dial (646) 828-8193. All callers should reference conference ID #3278368 or PennantPark Investment Corpo
MIAMI, May 12, 2025 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE:PNNT) announced today its financial results for the second quarter ended March 31, 2025. HIGHLIGHTS Quarter ended March 31, 2025 (unaudited)($ in millions, except per share amounts) Assets and Liabilities: Investment portfolio (1)$1,213.6 Net assets$488.1 GAAP net asset value per share$7.48 Quarterly change in GAAP net asset value per share (1.2)%Adjusted net asset value per share (2)$7.48 Quarterly change in adjusted net asset value per share (2) (1.2)% Credit Facility$311.4 2026 Notes$149.0 2026-2 Notes$163.5 Regulatory debt to equity1.29x Weighted average yield on
SC 13G/A - PENNANTPARK INVESTMENT CORP (0001383414) (Subject)
SC 13G/A - PENNANTPARK INVESTMENT CORP (0001383414) (Subject)
SC 13G - PENNANTPARK INVESTMENT CORP (0001383414) (Subject)