
PFLT Stock Forecast & Price Target
PFLT Analyst Ratings
Bulls say
PennantPark Floating Rate Capital Ltd is poised for a positive outlook due to its projected quarterly net investment income (NII) of $0.29 per share, which has potential for a growth of over 5% in the upcoming months. Additionally, the company offers a robust dividend yield of 12%, while trading at 0.93 times its current net asset value (NAV), indicating a favorable valuation compared to its underlying assets. The clarity around the trajectory of NII, return on equity (ROE), and dividends through 2026 suggests a stable financial foundation and strong future income generation capabilities.
Bears say
PennantPark Floating Rate Capital Ltd faces significant risks associated with the economic downturn, which may lead to defaults on payments by the U.S. middle-market companies in which it invests, thereby adversely impacting its interest income. Additionally, the net asset value of the company could decline due to volatility in the credit market and general economic deterioration, further complicating its financial outlook. The overall reliance on floating rate loans increases exposure to these risks, suggesting potential challenges in achieving its investment objectives.
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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