PennantPark Investment Stock (NYSE:PNNT)
Previous Close
$6.96
52W Range
$6.01 - $8.04
50D Avg
$7.22
200D Avg
$7.03
Market Cap
$452.50M
Avg Vol (3M)
$495.48K
Beta
1.57
Div Yield
$0.96 (14.57%)
PNNT 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. 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.
PNNT Performance
Peer Comparison
Ticker | Company |
---|---|
TPVG | TriplePoint Venture Growth BDC Corp. |
GLAD | Gladstone Capital Corporation |
FDUS | Fidus Investment Corporation |
GAIN | Gladstone Investment Corporation |
GECC | Great Elm Capital Corp. |
NMFC | New Mountain Finance Corporation |
GBDC | Golub Capital BDC, Inc. |
TSLX | Sixth Street Specialty Lending, Inc. |
PSEC | Prospect Capital Corporation |
SCM | Stellus Capital Investment Corporation |
CGBD | Carlyle Secured Lending, Inc. |
TCPC | BlackRock TCP Capital Corp. |
MRCC | Monroe Capital Corporation |
HRZN | Horizon Technology Finance Corporation |