IPO Year: 2006
Exchange: NASDAQ
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/6/2022 | $26.00 | Perform | Oppenheimer |
Reports Net Investment Income of $0.63 Per Share and Net Asset Value of $20.36 Per Share Recurring PIK Income as a Percentage of Total Investment Income Declines by Over 200 Basis Points Continued Share Repurchase Program: Total of 33,429 Shares for an Aggregate Cost of Approximately $0.6 Million Repurchased During the Third Quarter; Accretive to NAV by $0.01 Per Share Announces Fourth Quarter 2024 Quarterly Distribution of $0.69 Per Share NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Total
NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, after market close. The Company will host a conference call on Tuesday, November 12, 2024, at 10:00 a.m. ET to discuss these results. By Phone:To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 6715408. A replay of this conference call will be available shortly after the live call through November 19th. By Webcast:A live audio webcast of the conference call can be a
Reports Net Investment Income of $0.70 Per Share and Net Asset Value of $21.21 Per Share Amends and Extends Existing Senior Secured Revolving Credit Facility; Upsizes Commitments to $200.0 Million from $115.0 Million, Reduces Interest Rate Margin to 2.50% from 2.80% Continued Share Repurchase Program: Total of 79,722 Shares for an Aggregate Cost of Approximately $1.6 Million Repurchased During the Second Quarter; Accretive to NAV by $0.03 Per Share Announces Third Quarter 2024 Quarterly Distribution of $0.69 Per Share NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for
NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the second quarter ended June 30, 2024, on Thursday, August 8, 2024, after market close. The Company will host a conference call on Friday, August 9, 2024, at 10:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 9474953. A replay of this conference call will be available shortly after the live call through August 16th. By Webcast: A live audio webcast of the conference call can be acce
Reports Net Investment Income of $0.67 Per Share and Net Asset Value of $22.57 Per Share Continued Share Repurchase Program: Total of 51,015 Shares for an Aggregate Cost of Approximately $1.0 Million Repurchased During the First Quarter; Accretive to NAV by $0.02 Per Share Announces Second Quarter 2024 Quarterly Distribution of $0.69 Per Share NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Total investment income for the first quarter of 2024 was $16.5 million (inclusive of the reversal $0.4 mill
NEW YORK, April 12, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the first quarter ended March 31, 2024, on Wednesday, May 8, 2024, after market close. The Company will host a conference call on Thursday, May 9, 2024, at 9:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 8703487. A replay of this conference call will be available shortly after the live call through May 16th. By Webcast: A live audio webcast of the conference call can be accessed via th
Reports Strong Year-Over-Year Performance with Total Investment Income of $76.3 Million, an Increase of 9.6% and Net Investment Income of $34.8 Million Continued Share Repurchase Program for a Total of $4.4 Million During Full Year 2023 Announces Quarterly Distribution of $0.69 Per Share in the First Quarter of 2024 NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the fourth quarter and full year ended December 31, 2023. Full Year 2023 Milestones Total investment income was $76.3 million, an increase of 9.6% as compared to full year 2022.Net investment inc
NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the fourth quarter and full year ended December 31, 2023, on Wednesday, March 13, 2024, after market close. The Company will host a conference call on Thursday, March 14, 2024, at 9:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 4194885. A replay of this conference call will be available shortly after the live call through March 21st. By Webcast: A live audio webcast of the conference cal
Reports Strong Performance with Increases in Net Asset Value Per Share Quarter-over-Quarter, Core Investment Income and Net Investment Income Year-over-Year, While Also Continuing Share Repurchase Program in the Third Quarter of 2023 Announces Quarterly Distribution of $0.69 Per Share in the Fourth Quarter of 2023, Marking a $0.19 per Share Increase in the Total Distribution for the Full Year 2023, a 7.4% Increase as Compared to the Full Year 2022 NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highl
NEW YORK, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the third quarter ended September 30, 2023, on Wednesday, November 8, 2023, after market close. The Company will host a conference call on Thursday, November 9, 2023, at 4:00 p.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 9970193. A replay of this conference call will be available shortly after the live call through November 16th. By Webcast: A live audio webcast of the conference call can b
Reports Net Investment Income of $0.63 Per Share and Net Asset Value of $20.36 Per Share Recurring PIK Income as a Percentage of Total Investment Income Declines by Over 200 Basis Points Continued Share Repurchase Program: Total of 33,429 Shares for an Aggregate Cost of Approximately $0.6 Million Repurchased During the Third Quarter; Accretive to NAV by $0.01 Per Share Announces Fourth Quarter 2024 Quarterly Distribution of $0.69 Per Share NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Total
NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, after market close. The Company will host a conference call on Tuesday, November 12, 2024, at 10:00 a.m. ET to discuss these results. By Phone:To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 6715408. A replay of this conference call will be available shortly after the live call through November 19th. By Webcast:A live audio webcast of the conference call can be a
Reports Net Investment Income of $0.70 Per Share and Net Asset Value of $21.21 Per Share Amends and Extends Existing Senior Secured Revolving Credit Facility; Upsizes Commitments to $200.0 Million from $115.0 Million, Reduces Interest Rate Margin to 2.50% from 2.80% Continued Share Repurchase Program: Total of 79,722 Shares for an Aggregate Cost of Approximately $1.6 Million Repurchased During the Second Quarter; Accretive to NAV by $0.03 Per Share Announces Third Quarter 2024 Quarterly Distribution of $0.69 Per Share NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for
Upsizes Commitments to $200.0 Million from $115.0 Million Reduces Interest Rate Margin to 2.50% from 2.80% NEW YORK, July 29, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company") today announced that it has amended and extended its existing senior secured revolving credit facility ("Credit Facility") with JPMorgan Chase Bank, National Association ("JPM"). Under the terms of the amendment, there was a committed increase to the aggregate principal amount of the Credit Facility in an amount not to exceed $85.0 million, for a total of $200.0 million, the applicable margin was reduced from 2.80% per annum to 2.50% per annum, and there was a committed seven
NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the second quarter ended June 30, 2024, on Thursday, August 8, 2024, after market close. The Company will host a conference call on Friday, August 9, 2024, at 10:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 9474953. A replay of this conference call will be available shortly after the live call through August 16th. By Webcast: A live audio webcast of the conference call can be acce
Reports Net Investment Income of $0.67 Per Share and Net Asset Value of $22.57 Per Share Continued Share Repurchase Program: Total of 51,015 Shares for an Aggregate Cost of Approximately $1.0 Million Repurchased During the First Quarter; Accretive to NAV by $0.02 Per Share Announces Second Quarter 2024 Quarterly Distribution of $0.69 Per Share NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Total investment income for the first quarter of 2024 was $16.5 million (inclusive of the reversal $0.4 mill
NEW YORK, April 12, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the first quarter ended March 31, 2024, on Wednesday, May 8, 2024, after market close. The Company will host a conference call on Thursday, May 9, 2024, at 9:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 8703487. A replay of this conference call will be available shortly after the live call through May 16th. By Webcast: A live audio webcast of the conference call can be accessed via th
Reports Strong Year-Over-Year Performance with Total Investment Income of $76.3 Million, an Increase of 9.6% and Net Investment Income of $34.8 Million Continued Share Repurchase Program for a Total of $4.4 Million During Full Year 2023 Announces Quarterly Distribution of $0.69 Per Share in the First Quarter of 2024 NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the fourth quarter and full year ended December 31, 2023. Full Year 2023 Milestones Total investment income was $76.3 million, an increase of 9.6% as compared to full year 2022.Net investment inc
NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) ("Portman Ridge" or the "Company") to release its financial results for the fourth quarter and full year ended December 31, 2023, on Wednesday, March 13, 2024, after market close. The Company will host a conference call on Thursday, March 14, 2024, at 9:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 4194885. A replay of this conference call will be available shortly after the live call through March 21st. By Webcast: A live audio webcast of the conference cal
Reports Strong Performance with Increases in Net Asset Value Per Share Quarter-over-Quarter, Core Investment Income and Net Investment Income Year-over-Year, While Also Continuing Share Repurchase Program in the Third Quarter of 2023 Announces Quarterly Distribution of $0.69 Per Share in the Fourth Quarter of 2023, Marking a $0.19 per Share Increase in the Total Distribution for the Full Year 2023, a 7.4% Increase as Compared to the Full Year 2022 NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (NASDAQ:PTMN) (the "Company" or "Portman Ridge") announced today its financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highl
3 - Portman Ridge Finance Corp (0001372807) (Issuer)
4 - Portman Ridge Finance Corp (0001372807) (Issuer)
4 - Portman Ridge Finance Corp (0001372807) (Issuer)
4 - Portman Ridge Finance Corp (0001372807) (Issuer)
4/A - Portman Ridge Finance Corp (0001372807) (Issuer)
4/A - Portman Ridge Finance Corp (0001372807) (Issuer)
4 - Portman Ridge Finance Corp (0001372807) (Issuer)
3 - Portman Ridge Finance Corp (0001372807) (Issuer)
3/A - Portman Ridge Finance Corp (0001372807) (Issuer)
4 - Portman Ridge Finance Corp (0001372807) (Issuer)
Oppenheimer initiated coverage of Portman Ridge Finance with a rating of Perform and set a new price target of $26.00
SC 13G/A - Portman Ridge Finance Corp (0001372807) (Subject)
SC 13G/A - Portman Ridge Finance Corp (0001372807) (Subject)
SC 13G/A - Portman Ridge Finance Corp (0001372807) (Subject)
SC 13G/A - Portman Ridge Finance Corp (0001372807) (Subject)
SC 13G/A - Portman Ridge Finance Corp (0001372807) (Subject)
SC 13G - Portman Ridge Finance Corp (0001372807) (Subject)
8-K - Portman Ridge Finance Corp (0001372807) (Filer)
8-K - Portman Ridge Finance Corp (0001372807) (Filer)
10-Q - Portman Ridge Finance Corp (0001372807) (Filer)
8-K - Portman Ridge Finance Corp (0001372807) (Filer)
8-K - Portman Ridge Finance Corp (0001372807) (Filer)
40-17G - Portman Ridge Finance Corp (0001372807) (Filer)
8-K - Portman Ridge Finance Corp (0001372807) (Filer)
10-Q - Portman Ridge Finance Corp (0001372807) (Filer)
DEF 14A - Portman Ridge Finance Corp (0001372807) (Filer)
40-17G - Portman Ridge Finance Corp (0001372807) (Filer)
Portman Ridge Finance (NASDAQ:PTMN) reported quarterly earnings of $0.67 per share which missed the analyst consensus estimate of $0.72 by 6.94 percent. This is a 24.72 percent decrease over earnings of $0.89 per share from the same period last year. The company reported quarterly sales of $16.526 million which missed the analyst consensus estimate of $17.716 million by 6.72 percent. This is a 18.70 percent decrease over sales of $20.327 million the same period last year.
Keefe, Bruyette & Woods analyst Ryan Lynch maintains Portman Ridge Finance (NASDAQ:PTMN) with a Market Perform and lowers the price target from $20.5 to $20.
Oppenheimer analyst Mitchel Penn maintains Portman Ridge Finance (NASDAQ:PTMN) with a Perform and maintains $20 price target.
Portman Ridge Finance (NASDAQ:PTMN) reported its Q4 earnings results on Wednesday, March 13, 2024 at 04:24 PM. Here's what investors need to know about the announcement. Earnings Portman Ridge Finance beat estimated earnings by 51.0%, reporting an EPS of $1.19 versus an estimate of $0.79. Revenue was down $800 thousand from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.03 which was followed by a 2.0% drop in the share price the next day. Here's a look at Portman Ridge Finance's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.78 0.78 0.76 0.76 EPS Actual 0.75 0.83 0.89 0.74 Revenue Estimate 18.98M 18.80M 1
Portman Ridge Finance (NASDAQ:PTMN) reported quarterly earnings of $1.19 per share which beat the analyst consensus estimate of $0.79 by 50.63 percent. The company reported quarterly sales of $17.800 million which missed the analyst consensus estimate of $19.043 million by 6.53 percent. This is a 4.30 percent decrease over sales of $18.600 million the same period last year.
Companies Reporting Before The Bell • Sangamo Therapeutics (NASDAQ:SGMO) is likely to report quarterly loss at $0.26 per share on revenue of $8.10 million. • Silence Therapeutics (NASDAQ:SLN) is expected to report earnings for its fourth quarter. • Optical Cable (NASDAQ:OCC) is likely to report earnings for its first quarter. • Perma-Fix Envirn Servs (NASDAQ:PESI) is likely to report quarterly earnings at $0.06 per share on revenue of $22.50 million. • Dollar Tree (NASDAQ:DLTR) is estimated to report quarterly earnings at $2.65 per share on revenue of $8.67 billion. • Magic Software (NASDAQ:MGIC) is expected to report quarterly earnings at $0.19 per share on revenue of $117.50 million.
Portman Ridge Finance (NASDAQ:PTMN) is set to give its latest quarterly earnings report on Wednesday, 2024-03-13. Here's what investors need to know before the announcement. Analysts estimate that Portman Ridge Finance will report an earnings per share (EPS) of $0.79. Portman Ridge Finance bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company missed EPS by $0.03, which was followed by
Thursday marks the last chance for investors to receive the next dividend payout from Portman Ridge Finance (NASDAQ:PTMN). What's Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 69 cents per share. On Friday, Portman Ridge Finance will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 69 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own PTMN as of the end of Thursday's session are eligible to receive the 69
Portman Ridge Finance (NASDAQ:PTMN) reported quarterly earnings of $0.75 per share which missed the analyst consensus estimate of $0.78 by 3.85 percent. This is a 13.79 percent decrease over earnings of $0.87 per share from the same period last year. The company reported quarterly sales of $18.57 million which missed the analyst consensus estimate of $18.98 million by 2.14 percent. This is a 2.29 percent decrease over sales of $19.01 million the same period last year.
Companies Reporting Before The Bell • Flex LNG (NYSE:FLNG) is estimated to report earnings for its third quarter. • Evotec (NASDAQ:EVO) is estimated to report quarterly loss at $0.05 per share on revenue of $186.09 million. • ICL Group (NYSE:ICL) is likely to report earnings for its third quarter. • SFL Corp (NYSE:SFL) is estimated to report quarterly earnings at $0.19 per share on revenue of $196.63 million. • Semantix (NASDAQ:STIX) is expected to report quarterly loss at $0.03 per share on revenue of $15.45 million. • Atlantica Sustainable (NASDAQ:AY) is projected to report quarterly earnings at $0.11 per share on revenue of $326.48 million. • PolyPid (NASDAQ:PYPD) is expected to re