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PennantPark Investment Corporation (PNNT)

Financial Services | Asset Management | Miami Beach, United States | NYSE
3.70 USD -0.04 (-1.070%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 3.68 -0.02 (-0.018%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 3:21 a.m. EDT

The investment case here is fundamentally broken despite the attractive headline yield. While the company offers a 13% distribution, the payout ratio of just 5% reveals that the vast majority of this income is funded by burning through the company's capital reserves, which are reportedly running out by December. This is a classic 'yield trap' where the income is unsustainable and likely to be cut or suspended once the reserve depletes. The price action confirms this deterioration; the stock is trading significantly below its book value and has underperformed the broader market over the last two years. Although the recent price chart shows a slight bounce off the lows, the underlying business metrics—negative revenue growth and shrinking earnings—are flashing red lights. The options market agrees with the bearish outlook, with traders stacking up puts at key resistance levels while ignoring upside potential. Consequently, the short-term outlook remains bearish due to the lack of a clear catalyst for recovery and the looming dividend cut risk. Long-term, the asset appears to be a value trap with deteriorating fundamentals and a depleted balance sheet, making it unsuitable for a buy-and-hold strategy.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.079089
AutoETS0.131147
AutoARIMA0.131147
MSTL0.137733

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 46%
H-stat 1.47
Ljung-Box p 0.000
Jarque-Bera p 0.246
Excess Kurtosis -0.34
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-08-13
Last Dividend Date 2026-08-13
Debt to Equity Ratio 128.013
Revenue per Share 1.607
Market Cap 241,595,552
Trailing P/E 24.67
Forward P/E 6.63
Beta 0.61
Profit Margins 9.66%
Website https://pnnt.pennantpark.com

As of Aug. 22, 2026, 3:21 a.m. EDT: Speculators are heavily positioned for downside protection, with significant open interest in out-of-the-money puts at the $5.00 strike compared to minimal call activity. This 'bear put' skew suggests a high probability of further price weakness or a sharp drop to test lower support levels, rather than a speculative rally.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.15% 19.98% 16.24% 13.80%
Dividend History
Date Dividend Yield %
2026-08-14 0.080 2.150538
2026-07-15 0.080 2.373887
2026-06-15 0.080 2.162162
2026-05-15 0.080 1.955990
2026-04-15 0.080 1.731602
2026-03-16 0.080 1.720430
2026-02-17 0.080 1.571709
2026-01-16 0.080 1.324503
2025-12-15 0.080 1.324503
2025-11-17 0.080 1.288245
2025-10-15 0.080 1.230769
2025-09-15 0.080 1.142857
2025-08-15 0.080 1.122020
2025-07-15 0.080 1.122020
2025-06-16 0.080 1.206636
2025-05-15 0.080 1.192250
2025-04-15 0.080 1.259843
2025-03-14 0.080 1.146132
2025-02-18 0.080 1.118881
2025-01-15 0.080 1.120448
2024-12-16 0.080 1.176471
2024-11-15 0.080 1.156069
2024-10-16 0.080 1.146132
2024-09-16 0.080 1.139601
2024-08-16 0.080 1.134752
2024-07-15 0.080 1.088435
2024-06-14 0.080 1.066667
2024-05-14 0.070 0.951087
2024-04-12 0.070 1.027900
2024-03-15 0.070 1.049475
2024-02-14 0.070 1.060606
2024-01-12 0.070 0.997151
2023-12-15 0.070 1.075269
2023-11-15 0.070 1.068702
2023-10-16 0.070 1.073620
2023-09-15 0.210 3.250774
2023-06-14 0.200 3.454231
2023-03-15 0.185 3.620352
2022-12-16 0.165 2.844827
2022-09-16 0.150 2.411576
2022-06-16 0.145 2.416667
2022-03-16 0.140 1.859230
2021-12-17 0.120 1.783061
2021-09-16 0.120 1.866252
2021-06-16 0.120 1.694915
2021-03-17 0.120 2.037351
2020-12-16 0.120 2.727273
2020-09-16 0.120 3.324100
2020-06-16 0.120 3.296703
2020-03-17 0.180 6.844106
2019-12-18 0.180 2.748092
2019-09-16 0.180 2.866242
2019-06-14 0.180 2.830189
2019-03-19 0.180 2.582496
2018-12-20 0.180 2.857143
2018-09-14 0.180 2.387268
2018-06-15 0.180 2.517482
2018-03-16 0.180 2.635432
2017-12-22 0.180 2.578797
2017-09-19 0.180 2.432432
2017-06-19 0.180 2.448980
2017-03-20 0.180 2.250000
2016-12-20 0.280 3.553299
2016-09-19 0.280 3.728362
2016-06-16 0.280 4.301075
2016-03-16 0.280 4.620462
2015-12-22 0.280 4.480000
2015-09-17 0.280 3.932584
2015-06-11 0.280 3.027027
2015-03-18 0.280 3.056769
2014-12-17 0.280 3.107658
2014-09-24 0.280 2.517986
2014-06-17 0.280 2.533937
2014-03-18 0.280 2.547771
2013-12-18 0.280 2.385009
2013-09-18 0.280 2.441151
2013-06-19 0.280 2.484472
2013-03-20 0.280 2.415876
2012-12-19 0.280 2.568807
2012-09-18 0.280 2.493322
2012-06-19 0.280 2.805611
2012-03-20 0.280 2.611940
2011-12-21 0.280 2.788845
2011-09-21 0.270 2.944384
2011-06-16 0.270 2.415027
2011-03-11 0.270 2.265101
2010-12-15 0.260 2.179380
2010-09-10 0.260 2.539063
2010-06-22 0.260 2.610442
2010-03-23 0.260 2.473834
2009-12-22 0.250 2.808989
2009-09-03 0.240 2.973978
2009-06-22 0.240 3.738318
2009-03-20 0.240 7.547170
2008-12-19 0.240 6.091370
2008-09-22 0.240 2.985075
2008-06-19 0.220 2.746567
2008-03-19 0.220 2.585194
2007-12-20 0.220 2.200000
2007-09-21 0.220 1.685824
2007-06-20 0.140 0.943396
Additional Data
dividendRate 0.48
dividendYield 12.83
exDividendDate 2026-08-14
trailingAnnualDividendRate 0.8
trailingAnnualDividendYield 0.21390374
lastDividendValue 0.08
lastDividendDate 2026-08-14
dividendDate 2022-04-01

Info Dump

Attribute Value
52 Week Change -0.47910863
Address1 1,691 Michigan Avenue
Address2 Suite 500
All Time High 15.2
All Time Low 1.76
Ask 3.95
Ask Size 5,200
Average Analyst Rating 2.9 - Hold
Average Daily Volume10 Day 366,450
Average Daily Volume3 Month 672,058
Average Volume 672,058
Average Volume10Days 366,450
Beta 0.609
Bid 3.67
Bid Size 2,400
Book Value 6.555
City Miami Beach
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 3.7
Current Ratio 0.243
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 3.78
Day Low 3.7
Debt To Equity 128.013
Display Name PennantPark Inv
Dividend Date 1,648,771,200
Dividend Rate 0.48
Dividend Yield 12.83
Earnings Call Timestamp End 1,786,464,000
Earnings Call Timestamp Start 1,786,464,000
Earnings Growth -0.452
Earnings Quarterly Growth -0.452
Earnings Timestamp 1,786,392,000
Earnings Timestamp End 1,795,464,000
Earnings Timestamp Start 1,795,464,000
Ebitda Margins 0.0
Enterprise To Revenue 7.152
Enterprise Value 750,278,528
Eps Current Year 0.53328
Eps Forward 0.55801
Eps Trailing Twelve Months 0.15
Esg Populated 0
Ex Dividend Date 1,786,665,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 212 905 1075
Fifty Day Average 3.4972
Fifty Day Average Change 0.20280004
Fifty Day Average Change Percent 0.05798926
Fifty Two Week Change Percent -47.910862
Fifty Two Week High 7.29
Fifty Two Week High Change -3.59
Fifty Two Week High Change Percent -0.49245542
Fifty Two Week Low 3.19
Fifty Two Week Low Change 0.51
Fifty Two Week Low Change Percent 0.1598746
Fifty Two Week Range 3.19 - 7.29
Financial Currency USD
First Trade Date Milliseconds 1,176,989,400,000
Five Year Avg Dividend Yield 12.33
Forward Eps 0.55801
Forward P E 6.630706
Free Cashflow 151,615,248
Full Exchange Name NYSE
Fullday Change -0.04
Fullday Change Percent -1.06952
Fullday Price 3.6824
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 104,907,000
Has Pre Post Market Data 1
Held Percent Insiders 0.03276
Held Percent Institutions 0.21087
Implied Shares Outstanding 65,296,094
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,786,665,600
Last Dividend Value 0.08
Last Fiscal Year End 1,759,190,400
Long Business Summary 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. The fund invest upto $250 million in equity investment. The fund prefers to invest in middle market companies companies having revenue between $50 million and $ 1000 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.
Long Name PennantPark Investment Corporation
Market us_market
Market Cap 241,595,552
Market State CLOSED
Max Age 86,400
Message Board Id finmb_33939121
Most Recent Quarter 1,782,777,600
Net Income To Common 10,131,000
Next Fiscal Year End 1,790,726,400
Non Diluted Market Cap 244,207,391
Number Of Analyst Opinions 4
Open 3.74
Operating Cashflow 113,205,000
Operating Margins 0.72214997
Payout Ratio 5.0667
Peg Ratio 0.28
Phone 212 905 1000
Post Market Change -0.01760006
Post Market Change Percent -0.47567728
Post Market Price 3.6824
Post Market Time 1,787,959,805
Previous Close 3.74
Price Eps Current Year 6.938194
Price Hint 4
Price To Book 0.5644546
Price To Sales Trailing12 Months 2.3029497
Profit Margins 0.09656999
Quick Ratio 0.24
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.875
Region US
Regular Market Change -0.04
Regular Market Change Percent -1.06952
Regular Market Day High 3.78
Regular Market Day Low 3.7
Regular Market Day Range 3.7 - 3.78
Regular Market Open 3.74
Regular Market Previous Close 3.74
Regular Market Price 3.7
Regular Market Time 1,787,947,202
Regular Market Volume 312,664
Return On Assets 0.03894
Return On Equity 0.0223
Revenue Growth -0.162
Revenue Per Share 1.607
Sand P52 Week Change 0.20504117
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 65,296,094
Shares Percent Shares Out 0.042600002
Shares Short 2,779,350
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 2,295,954
Short Name PennantPark Investment Corporat
Short Percent Of Float 0.044
Short Ratio 4.46
Source Interval 15
State FL
Symbol PNNT
Target High Price 5.0
Target Low Price 4.0
Target Mean Price 4.75
Target Median Price 5.0
Total Cash 39,252,000
Total Cash Per Share 0.601
Total Debt 547,934,976
Total Revenue 104,907,000
Tradeable 0
Trailing Annual Dividend Rate 0.8
Trailing Annual Dividend Yield 0.21390374
Trailing Eps 0.15
Trailing P E 24.666666
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 4.7198
Two Hundred Day Average Change -1.0198
Two Hundred Day Average Change Percent -0.21606846
Type Disp Equity
Volume 312,664
Website https://pnnt.pennantpark.com
Zip 33,139