NASDAQ:PFLT - PennantPark Floating Rate Capital Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $13.25
  • Forecasted Upside: 1.22 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$13.09
▲ +0.11 (0.85%)

This chart shows the closing price for PFLT by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New PennantPark Floating Rate Capital Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for PFLT and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for PFLT

Analyst Price Target is $13.25
▲ +1.22% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for PennantPark Floating Rate Capital in the last 3 months. The average price target is $13.25, with a high forecast of $13.50 and a low forecast of $13.00. The average price target represents a 1.22% upside from the last price of $13.09.

This chart shows the closing price for PFLT for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 2 investment analysts is to hold stock in PennantPark Floating Rate Capital. This rating has held steady since November 2020, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/15/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/13/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/12/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/12/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/10/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/8/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/7/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/7/2021

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/9/2021LADENBURG THALM/SH SHDowngradeBuy ➝ Neutral$13.50Low
7/9/2021OppenheimerInitiated CoverageMarket Perform$13.00Low
11/19/2020LADENBURG THALM/SH SHUpgradeNeutral ➝ BuyLow
8/11/2020Maxim GroupReiterated RatingHoldLow
5/14/2020Maxim GroupReiterated RatingHoldMedium
5/13/2020JMP SecuritiesLower Price TargetMarket Outperform$13.00 ➝ $10.50High
3/25/2020Maxim GroupDowngradeBuy ➝ HoldLow
11/22/2019Maxim GroupReiterated RatingBuy$14.00Low
8/13/2019JMP SecuritiesLower Price TargetMarket Outperform$13.50 ➝ $13.00Low
5/13/2019LADENBURG THALM/SH SHDowngradeBuy ➝ NeutralLow
5/8/2019Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$14.00 ➝ $13.00High
2/7/2019Maxim GroupReiterated RatingBuy$14.50Low
11/16/2018LADENBURG THALM/SH SHUpgradeNeutral ➝ Buy$14.00High
8/10/2018Maxim GroupBoost Price TargetBuy ➝ Buy$14.00 ➝ $14.50N/A
5/14/2018LADENBURG THALM/SH SHDowngradeBuy ➝ NeutralLow
5/11/2018Maxim GroupReiterated RatingBuy$14.00High
2/12/2018Maxim GroupLower Price TargetBuy$14.75 ➝ $14.00Low
2/9/2018Keefe, Bruyette & WoodsSet Price TargetBuy$15.00Medium
12/1/2017Maxim GroupReiterated RatingBuy$14.75Low
10/5/2017Keefe, Bruyette & WoodsSet Price TargetBuy$16.00N/A
8/31/2017Keefe, Bruyette & WoodsReiterated RatingBuy$15.50Low
8/9/2017Maxim GroupReiterated RatingBuy$14.75Low
5/11/2017LADENBURG THALM/SH SHUpgradeNeutral ➝ Buy$14.75Low
5/10/2017Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$15.00 ➝ $15.50High
3/10/2017SunTrust BanksInitiated CoverageBuy ➝ Buy$15.00Medium
12/20/2016Janney Montgomery ScottInitiated CoverageNeutral$14.00N/A
(Data available from 12/7/2016 forward)

News Sentiment Rating

0.32 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/11/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/10/2021
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/10/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/9/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/8/2021
  • 1 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/8/2021
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/7/2021
  • 1 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/7/2021

Current Sentiment

  • 1 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
PennantPark Floating Rate Capital logo
PennantPark Floating Rate Capital Ltd is a non-diversified closed-end management investment company invests in small market-cap and public middle market companies located in the U.S. and to a limited extent non-US companies. The fund invests in equity securities such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments with investment size of $2 to $20 million. It also invests between $10 million and $50 million in senior secured loans such as first lien secured debt, second lien secured debt, subordinated debt and mezzanine debt. It also makes secondary direct investments. The company was founded in 2007 and is headquartered in New York, NY.
Read More

Today's Range

Now: $13.09
Low: $13.02
High: $13.19

50 Day Range

MA: $13.28
Low: $12.79
High: $13.80

52 Week Range

Now: $13.09
Low: $10.14
High: $13.92

Volume

153,906 shs

Average Volume

204,494 shs

Market Capitalization

$508.95 million

P/E Ratio

8.97

Dividend Yield

8.78%

Beta

1.96

Frequently Asked Questions

What sell-side analysts currently cover shares of PennantPark Floating Rate Capital?

The following Wall Street sell-side analysts have issued stock ratings on PennantPark Floating Rate Capital in the last twelve months: LADENBURG THALM/SH SH, Oppenheimer Holdings Inc., TheStreet, and Zacks Investment Research.
View the latest analyst ratings for PFLT.

What is the current price target for PennantPark Floating Rate Capital?

2 Wall Street analysts have set twelve-month price targets for PennantPark Floating Rate Capital in the last year. Their average twelve-month price target is $13.25, suggesting a possible upside of 1.1%. LADENBURG THALM/SH SH has the highest price target set, predicting PFLT will reach $13.50 in the next twelve months. Oppenheimer Holdings Inc. has the lowest price target set, forecasting a price of $13.00 for PennantPark Floating Rate Capital in the next year.
View the latest price targets for PFLT.

What is the current consensus analyst rating for PennantPark Floating Rate Capital?

PennantPark Floating Rate Capital currently has 2 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in PFLT, but not buy more shares or sell existing shares.
View the latest ratings for PFLT.

How do I contact PennantPark Floating Rate Capital's investor relations team?

PennantPark Floating Rate Capital's physical mailing address is 590 MADISON AVENUE 15TH FLOOR, NEW YORK NY, 10022. The asset manager's listed phone number is (212) 905-1000 and its investor relations email address is [email protected] The official website for PennantPark Floating Rate Capital is www.pennantpark.com.