
PFLT Stock Forecast & Price Target
PFLT Analyst Ratings
Bulls say
PennantPark Floating Rate Capital Ltd is projected to achieve a quarterly net investment income (NII) of $0.29 per share over the next year, indicating a potential increase of approximately 5% in forward estimates. This positive outlook is further supported by improved clarity regarding the trajectory of NII, return on equity (ROE), and dividends, especially as the stock currently trades at 0.93 times its net asset value (NAV) and offers a substantial 12% dividend yield. The combination of favorable financing conditions for U.S. middle-market companies, along with the potential for rising interest rates, enhances the risk-reward profile for investors in floating rate loans.
Bears say
PennantPark Floating Rate Capital Ltd faces significant risks as its investments are primarily in U.S. middle-market companies, which may experience adverse financial conditions during an economic downturn, leading to potential defaults on payments and decreased interest income. The company's net asset value is vulnerable to fluctuations within the volatile credit market and may deteriorate further amid broader economic challenges. These factors collectively contribute to a negative outlook for the company's financial stability and performance.
This aggregate rating is based on analysts' research of PennantPark Floating Rate Capital and is not a guaranteed prediction by Public.com or investment advice.
PFLT Analyst Forecast & Price Prediction
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