PennantPark Investment (NASDAQ:PNNT – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.190-0.210 for the period, compared to the consensus EPS estimate of 0.210. The company issued revenue guidance of -.
Analysts Set New Price Targets
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 investment analyst has rated the stock with a sell rating and four have given a hold rating to the company. Based on data from MarketBeat.com, PennantPark Investment currently has a consensus rating of “Hold” and a consensus price target of $6.00.
View Our Latest Stock Analysis on PennantPark Investment
PennantPark Investment Stock Performance
PennantPark Investment Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be paid a dividend of $0.08 per share. The ex-dividend date is Wednesday, January 15th. This represents a $0.96 annualized dividend and a yield of 14.15%. PennantPark Investment’s dividend payout ratio is currently 564.74%.
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.
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