PNNT Stock - PennantPark Investment Corporation
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Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $69.94M | $143.82M | $145.37M | $104.97M | $81.59M |
| Gross Profit | $42.15M | $58.51M | $145.37M | $-4,960,000 | $171.31M |
| Gross Margin | 60.3% | 40.7% | 100.0% | -4.7% | 210.0% |
| Operating Income | $76.95M | $51.95M | $109.24M | $-16,861,000 | $167.22M |
| Net Income | $32.73M | $48.85M | $-33,807,000 | $-24,740,000 | $166.62M |
| Net Margin | 46.8% | 34.0% | -23.3% | -23.6% | 204.2% |
| EPS | $0.50 | $0.75 | $-0.52 | $-0.38 | $2.49 |
PennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The fund typically invests in buildings and real estate, hotels, gaming and leisure, technology, telecommunications, transportation, information technology services, electronics, healthcare & pharmaceuticals, education and childcare, financial services, printing and publishing, consumer products, business services, energy & Related Services and utilities, distribution, oil and gas, media, environmental services, aerospace and defense, building materials, capital equipment, chemicals, plastics, & rubber, food & beverage, wholesale, manufacturing and basic industries and retail. It invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, senior secured debt, subordinated debt, subordinated loans, first lien debt, mezzanine loans, and distressed debt securities and private equity co-investments. It seeks to invest in companies based in the United States. The fund seeks to invest between $10 million and $100 million cross the capital structure (senior secured loans, subordinated debt, and other investments) in its portfolio companies with EBITDA between $10 to $50 million. Its mezzanine loans, senior secured loans, and other investments in its portfolio companies are between $15 million and $50 million. The fund may also make non-control equity and debt investments.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 3rd 2025 | Compass Point | Upgrade | Neutral | $5.5 |
| August 13th 2025 | Keefe Bruyette | Downgrade | Underperform | $6.25 |
| May 21st 2025 | Compass Point | Downgrade | Sell | $5.75 |
| November 27th 2024 | Ladenburg Thalmann | Downgrade | Neutral | - |
| September 9th 2024 | Compass Point | Upgrade | Neutral | $6 |
| July 15th 2024 | Compass Point | Downgrade | Sell | $6.5 |
| May 10th 2024 | Raymond James | Downgrade | Market Perform | - |
| August 15th 2023 | Compass Point | Downgrade | Neutral | $6.75 |
| February 9th 2023 | Keefe Bruyette | Downgrade | Market Perform | $5.5← $7 |
Earnings History & Surprises
PNNTEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 11, 2026 | — | — | — | — |
Q1 2026 | Feb 9, 2026 | $0.17 | — | — | — |
Q4 2025 | Nov 24, 2025 | $0.17 | $0.15 | -13.4% | ✗ MISS |
Q3 2025 | Aug 11, 2025 | $0.18 | $0.18 | -1.4% | ✗ MISS |
Q2 2025 | May 12, 2025 | $0.19 | $0.18 | -5.3% | ✗ MISS |
Q1 2025 | Feb 10, 2025 | $0.21 | $0.20 | -4.3% | ✗ MISS |
Q4 2024 | Nov 25, 2024 | $0.22 | $0.22 | -0.8% | ✗ MISS |
Q3 2024 | Aug 7, 2024 | $0.23 | $0.24 | +5.2% | ✓ BEAT |
Q2 2024 | May 8, 2024 | $0.24 | $0.22 | -8.4% | ✗ MISS |
Q1 2024 | Feb 7, 2024 | $0.23 | $0.24 | +5.1% | ✓ BEAT |
Q4 2023 | Nov 15, 2023 | $0.22 | $0.24 | +9.2% | ✓ BEAT |
Q3 2023 | Aug 9, 2023 | $0.29 | $0.35 | +19.5% | ✓ BEAT |
Q2 2023 | May 10, 2023 | $0.20 | $0.26 | +30.7% | ✓ BEAT |
Q1 2023 | Feb 8, 2023 | $0.19 | $0.16 | -15.8% | ✗ MISS |
Q4 2022 | Nov 16, 2022 | $0.17 | $0.14 | -17.6% | ✗ MISS |
Q3 2022 | Aug 3, 2022 | $0.17 | $0.16 | -3.8% | ✗ MISS |
Q2 2022 | May 4, 2022 | $0.17 | $0.18 | +4.5% | ✓ BEAT |
Q1 2022 | Feb 9, 2022 | $0.14 | $0.19 | +35.7% | ✓ BEAT |
Q4 2021 | Nov 17, 2021 | $0.14 | $0.17 | +21.4% | ✓ BEAT |
Q3 2021 | Aug 4, 2021 | $0.13 | $0.12 | -7.7% | ✗ MISS |
Latest News
PennantPark Investment Corporation Sells Equity Investment In JF Intermediate For $67.5M, Realized Gain $63.1M
📈 PositiveCompass Point Upgrades Pennant Park Investment to Neutral, Lowers Price Target to $5.5
➖ NeutralTruist Securities Maintains Buy on Pennant Park Investment, Lowers Price Target to $7
➖ NeutralJP Morgan Maintains Neutral on Pennant Park Investment, Lowers Price Target to $5.5
➖ NeutralKeefe, Bruyette & Woods Maintains Underperform on Pennant Park Investment, Lowers Price Target to $5.5
📉 NegativePennant Park Investment Q4 EPS $0.15 Misses $0.17 Estimate, Sales $27.954M Miss $29.407M Estimate
📉 NegativePennantPark Investment Says Is Exploring With JF Holdings And BDO, Amendment To Impacted Financial Statements To Comply With Requirements; Also Exploring Other Approaches, Including Seeking Relief From SEC With Respect To Amending Impacted Financial Statements
➖ NeutralFrequently Asked Questions about PNNT
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