Stocks · Financial Services · Asset Management
PennantPark Floating Rate Capital Ltd. PFLT
$6.84 -1.87% Close, Oct 2, 2026 · NYSE · Market cap $678.7M
Weak trendHigh risk
Next earnings report: Nov 23, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin widened to 56.8% from 36.2% a year earlier.
- The diluted share count rose 21.5% in a year.
- Diluted EPS over the last four quarters was $0.51, down 42.5% year over year.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 18%
- EPS growth (TTM, YoY)Bottom 15%
- Revenue growth, 3-year CAGRTop 4%
- Revenue growth accelerationBottom 21%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 35%
- Gross marginBottom 28%
- Operating marginTop 5%
- Cash conversion (OCF / net income)Top 5%
- Accruals (lower is better)Top 10%
- Net debt / EBITDA (lower is better)Bottom 7%
- Interest coverTop 50%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 42%
- Free-cash-flow yieldTop 5%
- EBITDA / enterprise valueBottom 38%
- Sales / enterprise valueBottom 7%
- P/E vs own 5-year history (lower is better)Bottom 41%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 14%
- 6-month returnBottom 6%
- 1-year return vs S&P 500Bottom 14%
- Distance from 52-week highBottom 16%
- Trend checklist (0–4)Bottom 9%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 20%
- Consecutive EPS beatsBottom 17%
- Share of analysts rating BuyTop 41%
- Upside to consensus price targetTop 19%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 41%
- Maximum drawdown, 3 yearsBottom 20%
- Beta vs S&P 500 (lower is better)Bottom 49%
- Net debt / EBITDA (lower is better)Bottom 7%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 1.9% | -4.9% | ↓ |
| EPS growth (YoY) | -25.4% | -42.5% | ↓ |
| Gross margin | 53.5% | 55.2% | ↑ |
| Operating margin | 36.2% | 56.8% | ↑ |
| FCF margin | -329.6% | 178.8% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -4.9% | 1.9% | ↓ | Bottom 18% |
| EPS growth (TTM, YoY) | -42.5% | -25.4% | ↓ | Bottom 15% |
| Gross margin | 55.2% | 53.5% | ↑ | Bottom 28% |
| Operating margin | 56.8% | 36.2% | ↑ | Top 5% |
| Net margin | 28.3% | 37.6% | ↓ | — |
| Free-cash-flow margin | 178.8% | -329.6% | ↑ | — |
| Return on invested capital | 3.9% | — | Top 35% | |
| Revenue growth, 3-year CAGR | 60.6% | — | Top 4% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 3.00×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -10.1%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +5.8 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 15.33×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 1.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 22.48%
- Net buyback yield (TTM)
- 0.00%
- Shareholder yield
- 22.48%
- Share count change, 1 year
- +21.5%
- Share count change, 3-year CAGR
- +25.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 10, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 2 of 8
- Average EPS surprise, last 4
- -4.5%
- Average 2-day reaction, last 8
- -0.4%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $9.00
- Target vs current price
- +31.6%
- Analysts with a rating
- 11
- Share rating Buy or Strong Buy
- 55%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 10, 2026 | -2.7% | -1.6% | -2.1% | -1.7% | — |
| May 7, 2026 | -3.6% | -2.6% | -6.2% | -9.6% | -22.4% |
| Feb 9, 2026 | -10.0% | -0.8% | -9.3% | -15.0% | -3.8% |
| Nov 24, 2025 | -1.9% | +1.4% | +0.4% | +0.1% | -6.8% |
| Aug 11, 2025 | -10.7% | -0.3% | -2.6% | -2.0% | -12.4% |
| May 12, 2025 | -15.2% | +1.3% | +1.5% | +3.8% | +4.2% |
| Feb 10, 2025 | +6.5% | +0.2% | +1.4% | +0.9% | -8.8% |
| Nov 25, 2024 | +0.7% | -0.5% | -0.7% | -3.2% | +2.3% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 10, 2026 | $0.26 | $0.27 | -2.7% | $66.1M |
| May 7, 2026 | $0.27 | $0.28 | -3.6% | $66.0M |
| Feb 9, 2026 | $0.27 | $0.30 | -10.0% | $70.1M |
| Nov 24, 2025 | $0.28 | $0.29 | -1.9% | $46.6M |
| Aug 11, 2025 | $0.25 | $0.28 | -10.7% | $48.7M |
| May 12, 2025 | $0.28 | $0.33 | -15.2% | $67.0M |
| Feb 10, 2025 | $0.33 | $0.31 | +6.5% | $30.0M |
| Nov 25, 2024 | $0.32 | $0.32 | +0.7% | $110.3M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 13.3× | 11.6× | 67th | Top 42% |
| P/E (forward) | 6.5× | — | — | — |
| EV / EBITDA | 22.2× | — | — | Bottom 38% |
| EV / Sales | 12.40× | — | — | Bottom 7% |
| Free-cash-flow yield | 46.78% | — | — | Top 5% |
| Earnings yield | 7.51% | — | — | Top 42% |
P/E over the past five years
Range 6.7× – 124.1× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -21.5%
- Earnings per share growth (TTM)
- -42.5%
- Change in P/E multiple
- +22.9%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -0.9%
- 200-day average slope (20 days)
- -2.6%
- Distance from 50-day average
- -5.1%
- Distance from 200-day average
- -15.9%
- RSI (14)
- 36.4
- Relative volume
- 1.28×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 22.7%
- Volatility vs own 5-year history
- 65th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.71
- Correlation with S&P 500
- 0.49
- Current drawdown from 1-year high
- -29.6%
- Maximum drawdown, 3 years
- -45.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Apr 19, 2022 | Oct 2, 2026 | -51.8% | 1118 days | Not yet recovered |
| Nov 15, 2021 | Dec 20, 2021 | -11.4% | 24 days | 76 days (Apr 8, 2022) |
| Oct 8, 2020 | Oct 30, 2020 | -11.1% | 16 days | 7 days (Nov 10, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $678.7M
- P/E (TTM)
- 13.3
- EPS, diluted (TTM)
- $0.51
- Revenue (TTM)
- $177.6M
- Dividend yield
- 16.86%
- 52-week range
- $6.83 – $9.75
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $83.6M | $41.4M | $80.3M | $167.8M | $171.5M |
| Gross profit | $61.9M | $11.6M | $42.2M | $108.6M | $78.3M |
| Operating income | $56.9M | $8.4M | $37.7M | $92.9M | $67.5M |
| Net income | $56.5M | $3.5M | $39.3M | $91.8M | $66.4M |
| EPS (diluted) | $1.46 | $0.08 | $0.77 | $1.40 | $0.72 |
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $51.7M | $62.1M | $25.8M | $47.2M | $46.6M | $25.8M | $58.4M | $46.8M |
| Net income | $21.3M | $28.3M | $1.2M | $19.3M | $17.5M | -$3.6M | $28.7M | $7.6M |
| EPS (diluted) | $0.29 | $0.35 | $0.01 | $0.24 | $0.18 | -$0.04 | $0.29 | $0.08 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $49.8M | -$46.6M | $140.6M | -$801.4M | $95.0M |
| Capital expenditure | $0 | $0 | $0 | $0 | $0 |
| Free cash flow | $49.8M | -$46.6M | $140.6M | -$801.4M | $95.0M |
| Dividends paid | -$44.2M | -$46.1M | -$58.7M | -$78.8M | -$111.6M |
| Net share buybacks | $1.4M | $81.9M | $148.4M | $213.9M | $245.5M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $50.7M
- Total assets
- $2.63B
- Total liabilities
- $1.62B
- Total debt
- $1.57B
- Net debt
- $1.52B
- Shareholders’ equity
- $1.02B
As of Jun 30, 2026 (filed Aug 10, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 15, 2026 | $0.08 | Oct 1, 2026 |
| Aug 14, 2026 | $0.08 | Sep 1, 2026 |
| Jul 15, 2026 | $0.08 | Aug 3, 2026 |
| Jun 15, 2026 | $0.08 | Jul 1, 2026 |
| May 15, 2026 | $0.10 | Jun 1, 2026 |
| Apr 15, 2026 | $0.10 | May 1, 2026 |
| Mar 16, 2026 | $0.10 | Apr 1, 2026 |
| Feb 17, 2026 | $0.10 | Mar 2, 2026 |
Short interest
- Shares sold short
- 3,941,058
- Days to cover
- 5.48
- Change vs previous report
- +3.0%
FINRA short interest, settlement date Sep 15, 2026.