PennantPark Investment

PennantPark Investment Corp. engages in the provision of access to the middle market direct lending. It seeks to create diversified portfolio which includes first lien secured debt, second lien secured debt, subordinated debt and equity investments. The company was founded by Arthur H. Penn on January 11, 2007 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

PennantPark Investment reports robust Q2 performance amidst market challenges

PennantPark Investment's Q2 2024 performance reflects a strong financial position, with a focus on core middle market opportunities and strategic growth initiatives.
While the company faces challenges related to market dynamics and competition, they have opportunities to drive future growth through prudent investment strategies and portfolio diversification.
By emphasizing capital preservation and attractive risk-adjusted returns, PennantPark Investment aims to navigate challenges and capitalize on opportunities for sustainable long-term success.

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MIAMI, July 06, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the third fiscal quarter ended June 30, 2023 on Wednesday, August 9, 2023 after the close of the financial markets.

PennantPark Investment Corporation Schedules Earnings Release of Third Fiscal Quarter 2023 Results

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IVR, PNNT and MRCC made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 22, 2023.

Best Income Stocks to Buy for June 22nd

Plenty of good news for PennantPark Investment Corporation shareholders, including upcoming higher NAV per share, recently improved watch list, and huge earnings from the Dominion dividend. Dominion Voting Systems and Fox News agreed to settle the defamation lawsuit, resulting in dividend income for PNNT's equity position. PennantPark is currently trading 23% below NAV (before upcoming NAV increases) and yielding almost 14% (before upcoming dividend increases).

PennantPark: Big Win From Dominion/Fox Settlement

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TGS, BLKB and PNNT made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 17, 2023.

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PennantPark Investment Corporation (NYSE:PNNT ) Q2 2023 Earnings Conference Call May 11, 2023 ET Company Participants Art Penn - Chairman and CEO Rick Allorto - CFO Conference Call Participants Paul Johnson - KBW Robert Dodd - Raymond James Kyle Joseph - Jefferies Mickey Schleien - Ladenburg Mark Hughes - Truist. Melissa Wedel - JP Morgan Casey Alexander - Compass Point Operator Good afternoon and welcome to the PennantPark Investment Corporation's Second Fiscal Quarter 2023 Earnings Conference Call.

PennantPark Investment Corporation (PNNT) Q2 2023 Earnings Call Transcript

On our last review of PennantPark, we pointed out what we liked and what we did not like about this BDC. We review the performance of this company relative to what we forecasted.

PennantPark: 3 Distribution Hikes Push Yield To 16%

PennantPark (PNNT) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.18 per share a year ago.

PennantPark (PNNT) Beats Q2 Earnings and Revenue Estimates

MIAMI, April 05, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the second fiscal quarter ended March 31, 2023 on Wednesday, May 10, 2023 after the close of the financial markets.

PennantPark Investment Corporation Schedules Earnings Release of Second Fiscal Quarter 2023 Results

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We take a look at the action in business development companies through the second week of February and highlight some of the key themes we are watching. BDCs had a rare off week, as most income sectors finished in the red.

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PennantPark Investment Corporation (NYSE:PNNT ) Q1 2023 Earnings Conference Call February 9, 2023 12:00 PM ET Company Participants Art Penn - Founder, Managing Partner, Chairman and CEO Rick Allorto - CFO Conference Call Participants Robert Dodd - Raymond James Ryan Lynch - KBW Casey Alexander - Compass Point Mickey Schleien - Ladenburg Thalmann Mike Ramirez - Truist Securities Melissa Wedel - JPMorgan Operator Good afternoon and welcome to the PennantPark Investment Corporation's First Fiscal Quarter 2023 Earnings Conference Call. Today's conference is being recorded.

PennantPark Investment Corporation (PNNT) Q1 2023 Earnings Call Transcript

PennantPark (PNNT) delivered earnings and revenue surprises of -11.11% and 1.11%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

PennantPark (PNNT) Lags Q1 Earnings and Revenue Estimates

MIAMI, Feb. 08, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today financial results for the first quarter ended December 31, 2022.

PennantPark Investment Corporation Announces 12.1% Increase of Its Quarterly Distribution to $0.185 per Share and Financial Results for the Quarter Ended December 31, 2022

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These are serious yields we're looking at—the kind we need to retire on dividends alone.

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In 2023, PennantPark Investment Corporation is poised to outperform market volatility and provide investors with healthy cash returns. Because of its floating-natured portfolio, the company's business model benefits from high rates and tight market conditions.

PennantPark: A Smart Investment To Avoid Recessionary Headwinds

MIAMI, Jan. 05, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the first fiscal quarter ended December 31, 2022 on Wednesday, February 8, 2023 after the close of the financial markets.

PennantPark Investment Corporation Schedules Earnings Release of First Fiscal Quarter 2023 Results

The average of price targets set by Wall Street analysts indicates a potential upside of 25.5% in PennantPark (PNNT). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 26% Upside in PennantPark (PNNT): Here's What You Should Know

PennantPark Investment Corporation (NYSE:PNNT ) Q4 2022 Earnings Conference Call November 17, 2022 12:00 PM ET Company Participants Art Penn - Founder, Managing Partner, Chairman & Chief Executive Officer Rick Allorto - Chief Financial Officer Conference Call Participants Casey Alexander - Compass Point Paul Johnson - KBW Operator Good afternoon, and welcome to the PennantPark Investment Corporation's Fourth Fiscal Quarter 2022 Earnings Conference Call. Today's conference is being recorded.

PennantPark Investment Corporation (PNNT) Q4 2022 Earnings Call Transcript

PennantPark (PNNT) delivered earnings and revenue surprises of -17.65% and 4.59%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

PennantPark (PNNT) Misses Q4 Earnings Estimates

MIAMI, Nov. 16, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NYSE: PNNT) announced today financial results for the fourth quarter and fiscal year ended September 30, 2022.

PennantPark Investment Corporation Announces 10.0% Increase of its Quarterly Distribution to $0.165 per share and Financial Results for the Fourth Quarter and Fiscal Year Ended September 30, 2022

MIAMI, Oct. 21, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the fourth fiscal quarter ended September 30, 2022 on Wednesday, November 16, 2022 after the close of the financial markets.

PennantPark Investment Corporation Schedules Earnings Release of Fourth Fiscal Quarter 2022 Results

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July 29 - August 31, 2022 readers mentioned 38 equities in their comments. Some lamented bad-news, so bad-news investments (rogues) mixed with (mostly) favorites. (Thus, these are ReFa/Ro.). Ten analyst-target-estimated TOP-NET-GAIN reader fave/rogues, T, PNNT, MPW, SWK, RC, TRN, PACW, VALE, SBLK, & MITT averaged 64.86% net gains from data collected 9/2/22.

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Pennantpark Investment Corp (NYSE:PNNT ) Q3 2022 Earnings Conference Call August 4, 2022 12:00 PM ET Company Participants Arthur Penn - Founder, Chairman, Managing Partner & CEO Richard Allorto - CFO Conference Call Participants Paul Johnson - KBW Robert Dodd - Raymond James & Associates Mickey Schleien - Ladenburg Thalmann & Co. Casey Alexander - Compass Point Research & Trading Melissa Wedel - JPMorgan Chase & Co. Operator Good afternoon, and welcome to the PennantPark Investment Corporation's Third Fiscal Quarter 2022 Earnings Conference Call. Today's conference is being recorded.

Pennantpark Investment Corp (PNNT) CEO Arthur Penn on Q3 2022 Results - Earnings Call Transcript

PennantPark (PNNT) delivered earnings and revenue surprises of -5.88% and 1.43%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

PennantPark (PNNT) Q3 Earnings and Revenues Lag Estimates

News for PennantPark Investment ETF (PNNT)