PennantPark Investment - PNNT Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $8.25
  • Forecasted Upside: 25.95 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$6.55
▼ -0.05 (-0.76%)

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

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Analyst Price Target for PNNT

Analyst Price Target is $8.25
▲ +25.95% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for PennantPark Investment in the last 3 months. The average price target is $8.25, with a high forecast of $9.00 and a low forecast of $7.50. The average price target represents a 25.95% upside from the last price of $6.55.

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

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Current Consensus is Hold

The current consensus among 3 investment analysts is to hold stock in PennantPark Investment. This rating has held steady since October 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/25/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/26/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
8/24/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/22/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
2/20/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/21/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
7/20/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
8/19/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/11/2022Raymond JamesBoost TargetOutperform$8.00 ➝ $9.00Medium
11/19/2021JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$7.50Medium
8/24/2021JMP SecuritiesReiterated RatingHoldLow
7/9/2021OppenheimerInitiated CoverageMarket Perform$7.50Low
3/9/2021JMP SecuritiesInitiated CoverageMarket PerformLow
11/22/2020Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$4.00 ➝ $5.25High
11/20/2020LADENBURG THALM/SH SHUpgradeNeutral ➝ BuyMedium
11/19/2020Compass PointUpgradeNeutral ➝ Buy$3.50 ➝ $4.75High
10/29/2019JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$6.50 ➝ $6.00Low
5/13/2019LADENBURG THALM/SH SHDowngradeBuy ➝ NeutralLow
5/3/2019Compass PointDowngradeBuy ➝ Neutral$8.50 ➝ $7.00High
4/29/2019Raymond JamesInitiated CoverageOutperform ➝ Outperform$8.00Medium
1/16/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$7.50 ➝ $7.00Medium
8/9/2018Keefe, Bruyette & WoodsSet TargetHold$8.00High
2/9/2018LADENBURG THALM/SH SHUpgradeNeutral ➝ Buy$8.00Medium
11/5/2017Jefferies Financial GroupReiterated RatingHold$8.00N/A
10/26/2017Keefe, Bruyette & WoodsReiterated RatingHold$8.50N/A
8/25/2017Keefe, Bruyette & WoodsSet TargetHold$9.00Low
(Data available from 8/19/2017 forward)

News Sentiment Rating

0.41 (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
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/21/2022
  • 3 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/20/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
3/22/2022
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/21/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/21/2022
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/20/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/20/2022
  • 2 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
8/19/2022

Current Sentiment

  • 2 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
PennantPark Investment logo
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. It invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, senior secured debt, subordinated debt, subordinated loans, first lien debt, mezzanine loans, and distressed debt securities and private equity co-investments. It seeks to invest in companies based in the United States. The fund seeks to invest between $10 million and $100 million cross the capital structure (senior secured loans, subordinated debt, and other investments) in its portfolio companies with EBITDA between $10 to $50 million. Its mezzanine loans, senior secured loans, and other investments in its portfolio companies are between $15 million and $50 million. The fund may also make non-control equity and debt investments.
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Today's Range

Now: $6.55
Low: $6.49
High: $6.63

50 Day Range

MA: $6.37
Low: $6.00
High: $6.67

52 Week Range

Now: $6.55
Low: $5.99
High: $8.02

Volume

224,374 shs

Average Volume

301,417 shs

Market Capitalization

$428.46 million

P/E Ratio

12.36

Dividend Yield

8.79%

Beta

1.6

Frequently Asked Questions

What sell-side analysts currently cover shares of PennantPark Investment?

The following Wall Street sell-side analysts have issued reports on PennantPark Investment in the last year: JMP Securities, JPMorgan Chase & Co., Raymond James, StockNews.com, and TheStreet.
View the latest analyst ratings for PNNT.

What is the current price target for PennantPark Investment?

2 Wall Street analysts have set twelve-month price targets for PennantPark Investment in the last year. Their average twelve-month price target is $8.25, suggesting a possible upside of 26.0%. Raymond James has the highest price target set, predicting PNNT will reach $9.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $7.50 for PennantPark Investment in the next year.
View the latest price targets for PNNT.

What is the current consensus analyst rating for PennantPark Investment?

PennantPark Investment currently has 2 hold ratings and 1 buy rating 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 PNNT, but not buy more shares or sell existing shares.
View the latest ratings for PNNT.

What other companies compete with PennantPark Investment?

How do I contact PennantPark Investment's investor relations team?

PennantPark Investment'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 Investment is www.pennantpark.com. Learn More about contacing PennantPark Investment investor relations.