PennantPark Investment (NASDAQ:PNNT) Updates Q1 2025 Earnings Guidance

PennantPark Investment (NASDAQ:PNNT) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.190-0.210 for the period, compared to the consensus earnings per share estimate of 0.210. The company issued revenue guidance of -.

PennantPark Investment Stock Down 5.8 %

PNNT stock opened at $6.79 on Friday. The company has a 50 day moving average of $6.96 and a two-hundred day moving average of $7.04. The company has a market cap of $443.06 million, a price-to-earnings ratio of 7.73 and a beta of 1.47. PennantPark Investment has a 12-month low of $6.43 and a 12-month high of $8.04. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 1.56.

PennantPark Investment Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be given a $0.08 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 14.15%. PennantPark Investment’s dividend payout ratio is currently 564.74%.

Wall Street Analysts Forecast Growth

Separately, LADENBURG THALM/SH SH cut PennantPark Investment from a “buy” rating to a “neutral” rating in a research report on Wednesday, November 27th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $6.00.

About PennantPark Investment

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.