
PFLT Stock Forecast & Price Target
PFLT Analyst Ratings
Bulls say
PennantPark Floating Rate Capital Ltd. is positioned favorably due to its projected quarterly net investment income (NII) of $0.29 per share, which indicates a potential increase of over 5% in forward estimates in the coming months. The company has achieved greater clarity regarding its NII trajectory, return on equity (ROE), and dividend coverage extending into 2026, which bolsters investor confidence. Additionally, the stock trades at 0.93 times current net asset value (NAV) and offers a substantial 12% dividend yield, enhancing its appeal in the market.
Bears say
The negative outlook on PennantPark Floating Rate Capital Ltd's stock is primarily driven by potential defaults on payments from the U.S. middle-market companies it invests in, particularly during an economic downturn, which could significantly reduce interest income. Additionally, the company's net asset value may be adversely impacted by a volatile credit market and a broader economic deterioration, posing further risks to its financial stability. These factors collectively suggest a challenging environment for generating consistent income and preserving capital appreciation.
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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