PennantPark Investment Corporation
PNNT · Price history
Price at last available close
$2.93
−$0.41 (-12.28%) 1M
2026-10-28
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Company & revenue
About PennantPark Investment Corporation
Primary reporting period: 2025-09-30 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
PennantPark Investment Corporation operates as a Business Development Company (BDC) and a private equity fund. Its primary focus is on providing direct and mezzanine capital to middle-market companies situated across the United States. The firm deploys capital through a diverse range of instruments, including senior secured loans, mezzanine debt, and various equity stakes (such as common and preferred stock, warrants, and options).
How they make money
PennantPark Investment Corporation is a business development company that generates income by providing debt and equity financing to U.S. middle-market companies. It earns interest income from its portfolio of first lien, second lien, and subordinated debt investments, as well as dividend and capital gains income from its equity holdings.
Products & services
The company provides a range of financing solutions including first lien secured debt, second lien secured debt, subordinated debt, and equity investments to middle-market companies.
Brands & revenue mix
No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer types
- U.S. middle-market private companiesSource
Customer concentration
The company's investment portfolio consists of various middle-market companies across diverse industries, and it does not report a single customer concentration exceeding regulatory thresholds as of the fiscal year ended September 30, 2025.
Suppliers, materials & equipment
- Investment advisory and administrative services — The company relies on its investment adviser and administrator for operational and management services.Source
Business relationships & partnerships
- PennantPark Investment Advisers, LLC — The company is externally managed by PennantPark Investment Advisers, LLC under an Investment Advisory Management Agreement.Source
Strengths
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
47
Weak
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
34
Poor
Financial Strength
36
Business Quality / Moat
35
Management
15
Growth Quality
60
Risk / Durability
22
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
76
Fair
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
70/100
Building Historical Record
Model Score 70/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as relatively attractive.
The model outlook is currently positive.
- •Valuation scores attractively
- •Insider activity signal is favorable
- •Elevated debt risk
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for PNNT
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can PNNT maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •Is PNNT's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
- •Is PNNT's debt load manageable relative to cash generation, interest costs and upcoming maturities?
- •Is PNNT's valuation discount tied to a temporary concern or to a longer-term business risk?
Essential Investment Snapshot
Wall Street Score
47
Opportunity Score
76
Market Cap
$191.3M
P/E Ratio
20.9
EPS
$0.16
52-Week High
$6.67
52-Week Low
$3.19
Beta
0.63
Intrinsic Value
$6.08
Analyst Target
$5.00
Shares Outstanding
65.3M
Total Revenue
$99.6M
Total Debt
$547.9M
Dividend Yield (TTM)
30.03%
Liquidation Value / Share
$6.56
Dividend / Share (TTM)
$0.88
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Strong downward momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for PNNT
Detected from reported data — verify before acting.Dividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Elevated debt risk
Total debt is at least one year of revenue • Interest coverage is below 2x • Cash covers less than 20% of total debt
Community Sentiment
0 active · 0 total callsNo personal call yet on PNNT.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Experienced investment management team.
- +Flexible financing solutions for middle-market borrowers.
- +Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
- −Debt risk (elevated): Total debt is at least one year of revenue.
- −Interest coverage is below 2x.
- −Cash covers less than 20% of total debt.
- −Credit risk associated with middle-market borrowers.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
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Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
2 historical score records availablePrevious Score
56
Jul 24, 2026
Change
-9.6
points
Current Score
47
Oct 1, 2026
Category Changes
PNNT decreased 9.6 points because Capital declined by 12 points, Management declined by 25.1 points.
Positive Contributors
- + Revenue improved by 12.9 points
Negative Contributors
- − Capital declined by 12 points
- − Management declined by 25.1 points
Projected Score
Projected Score
45
Projected Change
-2.0 points
Preliminary comparable-period financial changes suggest decline of approximately 2.0 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
UndervaluedCurrent Price
$2.93
Model Intrinsic Value
$6.08
Difference
−$3.15
-51.8% vs IV
Margin of Safety
51.8%
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $99.6M | $83.1M | $103.7M | $19.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $36.3M | $41.3M | $45.2M | $39.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $63.2M | $41.8M | $58.5M | -$20.2M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $30.9M | $1.5M | $6.6M | $5.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $36.3M | $6.5M | $6.6M | $6.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $83.9M | $35.3M | $51.9M | -$26.1M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | $27.0M | $35.3M | $51.9M | -$26.1M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $37.5M | $41.3M | $45.2M | $39.4M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | $12.0M | $35.3M | $51.9M | -$26.1M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | $1.9M | $2.6M | $3.1M | $7.7M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | $10.1M | $32.7M | $48.9M | -$33.8M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $0.16 | $0.50 | $0.75 | $-0.52 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 63.96M | 65.30M | 65.25M | 65.01M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 63.96M | 65.30M | 65.25M | 65.22M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$36.8M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$0.07
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-12.9%
Cash Change
-44.4%
Margin Change
-29.6 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Debt reduced
What Weakened
- Margins contracted
- Cash position declined
Potential Score Impact
Positive indicators included revenue growth, debt levels. Pressure indicators included EPS growth, cash levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 88.5%. EPS declined 43.0%. Cash declined 44.4%. Total debt declined 12.9%. Net income margin declined by 29.6 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
Smart Money
Number of Gurus
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Log in to view dividend history.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
2 historical records2 historical score records available.
Historical Score Chart
2 of 2 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
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News
PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share
Binah Capital Group (NASDAQ:BCG) and PennantPark Investment (NASDAQ:PNNT) Financial Survey
PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share
PennantPark vs. PennantPark Floating Rate: Which BDC Pays Income Investors Better?
Rumor Mill · PNNT
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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