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PennantPark Investment Corporat PNNT · Stock Open PennantPark Investment Corporat in new tab

3.45 USD
P/E
15.95
EPS
0.21
Yield
24.93%
Safety Score
42
P/B
0.50
ROE
2.98
Beta
0.59
Target Price
4.75 USD
PennantPark Investment Corporat logo

PennantPark Investment Corporat

🧾 Earnings Recap – Q2 2026

Shares of PennantPark Investment Corporation tumbled 4.6% following its quarterly report as investors reacted negatively to evidence of income deceleration and cautious outlook indicators, despite some portfolio strengths.

  • Core net investment income (NII) came in at $0.14 per share for the quarter ended March 31.
  • The portfolio totaled $1.2 billion with conservative credit metrics: median leverage at 4.7x EBITDA, interest coverage of 2x, and loan-to-value at 45%.
  • Nonaccrual loans represented 2.7% of the portfolio at cost and 1.3% at market value, indicating some credit pressure.
  • Software sector exposure remains limited at 4.6%, focused on mission-critical, covenant-protected loans in regulated industries.
  • While transaction activity has increased, it remains below prior peak levels, and management emphasized a normalized, cautious market environment with ongoing portfolio repayments and redeployment of capital.
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Key Metrics
Earnings dateAug. 10, 2026
P/E15.95
EPS0.21
Book Value6.73
Price to Book0.50
Debt/Equity133.70
% Insiders3.276%
Growth
Revenue Growth-0.19%
Earnings Growth-0.44%
Estimates
Forward P/E6.00
Forward EPS0.56
Target Mean Price4.75
Dividend
Dividend Yield24.93%
Annual dividends0.88 USD
Ex-Div. DateJune 15, 2026
Payout453.84%
5y avg Yield11.40%

DCF Valuation

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DCF Result

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Terminal PV
Σ PV of FCFs
Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

PennantPark Investment Corporat Logo PennantPark Investment Corporat Analysis (PNNT)

United States Financials Official Website Stock

Is PennantPark Investment Corporat a good investment? PennantPark Investment Corporat (PNNT) is currently trading at 3.45 USD. Market analysts have a consensus price target of 4.75 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 15.95. This valuation is generally in line with the broader market.

Earnings Schedule: PennantPark Investment Corporat is expected to release its next earnings report on Aug. 10, 2026. The market consensus estimate for Forward EPS is 0.56.

For income investors, PennantPark Investment Corporat pays a dividend yield of 24.93%. With a payout ratio of 454%, the dividend appears to be under pressure.

Investor FAQ

Does PennantPark Investment Corporat pay a dividend?

Yes, it pays an annual dividend of 0.88 USD (24.93% yield).

What asset class is PennantPark Investment Corporat?

PennantPark Investment Corporat is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

When is the next earnings date?

The next earnings date is projected to be Aug. 10, 2026. The company currently has a trailing EPS of 0.21.

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. 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.

Exchange Ticker
NMS (United States) PNNT
Trades
Dividend Yield
24.93%
5y avg 11.40%
Annual Dividends
0.88USD
Next Ex. Div Date
June 15, 2026
Payout Ratio
453.84%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
2027
0.49 USD
June 3, 2027 (estimated) 0.0800
May 3, 2027 (estimated) 0.0800
April 1, 2027 (estimated) 0.0841
March 31, 2027 (estimated) 0.0800
Feb. 1, 2027 (estimated) 0.0800
Jan. 4, 2027 (estimated) 0.0811
2026
0.90 USD
Dec. 1, 2026 (estimated) 0.0914
Nov. 2, 2026 (estimated) 0.0914
Sept. 3, 2026 (estimated) 0.0800
Aug. 3, 2026 (estimated) 0.0800
July 1, 2026 0.0800
June 1, 2026 0.0800
May 1, 2026 0.0800
April 1, 2026 0.0800
March 2, 2026 0.0800
Feb. 2, 2026 0.0800
Jan. 2, 2026 0.0800
2025
0.96 USD
Dec. 1, 2025 0.0800
Nov. 3, 2025 0.0800
Sept. 30, 2025 0.0800
Sept. 2, 2025 0.0800
Aug. 1, 2025 0.0800
July 1, 2025 0.0800
June 2, 2025 0.0800
May 1, 2025 0.0800
April 1, 2025 0.0800
March 3, 2025 0.0800
Feb. 3, 2025 0.0800
Jan. 2, 2025 0.0800
2024
0.90 USD
Dec. 2, 2024 0.0800
Nov. 1, 2024 0.0800
Oct. 1, 2024 0.0800
Sept. 3, 2024 0.0800
Aug. 1, 2024 0.0800
July 1, 2024 0.0800
June 3, 2024 0.0700
May 1, 2024 0.0700
April 1, 2024 0.0700
March 1, 2024 0.0700
Feb. 1, 2024 0.0700
Jan. 2, 2024 0.0700
2023
0.90 USD
Dec. 1, 2023 0.0700
Nov. 1, 2023 0.0700
Oct. 2, 2023 0.2100
July 3, 2023 0.2000
April 3, 2023 0.1850
Jan. 3, 2023 0.1650
2022
0.55 USD
Oct. 3, 2022 0.1500
July 1, 2022 0.1450
April 1, 2022 0.1400
Jan. 3, 2022 0.1200
2021
0.48 USD
Oct. 1, 2021 0.1200
July 1, 2021 0.1200
April 1, 2021 0.1200
Jan. 4, 2021 0.1200
2020
0.60 USD
Oct. 1, 2020 0.1200
July 1, 2020 0.1200
April 1, 2020 0.1800
Jan. 2, 2020 0.1800
2019
0.72 USD
Oct. 1, 2019 0.1800
July 1, 2019 0.1800
April 1, 2019 0.1800
Jan. 2, 2019 0.1800
2018
0.72 USD
Oct. 2, 2018 0.1800
July 2, 2018 0.1800
April 2, 2018 0.1800
Jan. 2, 2018 0.1800
2017
0.82 USD
Oct. 2, 2017 0.1800
July 3, 2017 0.1800
April 3, 2017 0.1800
Jan. 3, 2017 0.2800
2016
1.12 USD
Oct. 3, 2016 0.2800
July 1, 2016 0.2800
April 1, 2016 0.2800
Jan. 4, 2016 0.2800
2015
1.12 USD
Oct. 1, 2015 0.2800
July 1, 2015 0.2800
April 1, 2015 0.2800
Jan. 2, 2015 0.2800
2014
1.12 USD
Oct. 1, 2014 0.2800
July 1, 2014 0.2800
April 1, 2014 0.2800
Jan. 2, 2014 0.2800
2013
1.12 USD
Oct. 1, 2013 0.2800
July 1, 2013 0.2800
April 1, 2013 0.2800
Jan. 2, 2013 0.2800
2012
1.12 USD
Oct. 1, 2012 0.2800
July 2, 2012 0.2800
April 2, 2012 0.2800
Jan. 3, 2012 0.2800
2011
1.07 USD
Oct. 3, 2011 0.2700
July 1, 2011 0.2700
April 1, 2011 0.2700
Jan. 3, 2011 0.2600
2010
1.03 USD
Oct. 1, 2010 0.2600
July 1, 2010 0.2600
April 1, 2010 0.2600
Jan. 4, 2010 0.2500
2009
0.96 USD
Oct. 1, 2009 0.2400
July 1, 2009 0.2400
April 1, 2009 0.2400
Jan. 2, 2009 0.2400
2008
0.68 USD
Oct. 1, 2008 0.2400
June 30, 2008 0.2200
March 31, 2008 0.2200
2007
0.58 USD
Dec. 31, 2007 0.2200
Sept. 28, 2007 0.2200
June 29, 2007 0.1400
Upcoming Dividends
Name Payment Date Status Amount
PennantPark Investment Corporat Jul 01, 2026 0.08 USD
PennantPark Investment Corporat Jun 01, 2026 0.08 USD
PennantPark Investment Corporat May 01, 2026 0.08 USD
PennantPark Investment Corporat Apr 01, 2026 0.08 USD
PennantPark Investment Corporat Mar 02, 2026 0.08 USD
PennantPark Investment Corporat Feb 02, 2026 0.08 USD
PennantPark Investment Corporat Jan 02, 2026 0.08 USD
PennantPark Investment Corporat Dec 01, 2025 0.08 USD
PennantPark Investment Corporat Nov 03, 2025 0.08 USD
PennantPark Investment Corporat Sep 30, 2025 0.08 USD
PennantPark Investment Corporat Sep 02, 2025 0.08 USD
PennantPark Investment Corporat Aug 01, 2025 0.08 USD
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