PennantPark Investment: Better-Priced For Down Cycle
PennantPark Investment Corp. remains fundamentally sound despite recent share price declines and a challenging private equity environment. PNNT's portfolio shows higher equity allocation and declining investment income, with NAV per share dropping from $7.56 to $7.11 in fiscal 2025. Fed rate cuts are expected to pressure NII and dividends, with a likely reduction to $0.70 per share; entry under $6.25 offers a margin of safety.
PennantPark Investment: Ticking Time Bomb In The Unconsolidated JV
PennantPark offers a compelling dividend of almost 16% and a notable discount to NAV. In the recent earnings call, the management provided rather optimistic commentary on the future dividend, signaling a continuation of the existing distributions. While this might sound attractive, the reality is that PNNT has pumped massive leverage into the system.
PennantPark Investment Corporation (PNNT) Q4 2025 Earnings Call Transcript
PennantPark Investment Corporation ( PNNT ) Q4 2025 Earnings Call November 25, 2025 12:00 PM EST Company Participants Arthur Penn - Founder, Chairman, Managing Partner & CEO Richard Allorto - Chief Financial Officer Conference Call Participants Brian Mckenna - Citizens JMP Securities, LLC, Research Division Robert Dodd - Raymond James & Associates, Inc., Research Division Melissa Wedel - JPMorgan Chase & Co, Research Division Arren Cyganovich - Truist Securities, Inc., Research Division Christopher Nolan - Ladenburg Thalmann & Co. Inc., Research Division Presentation Operator Good afternoon, and welcome to the PennantPark Investment Corporation's Fourth Fiscal Quarter 2025 Earnings Conference Call. Today's conference is being recorded.
Here's What Key Metrics Tell Us About PennantPark (PNNT) Q4 Earnings
Although the revenue and EPS for PennantPark (PNNT) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
PennantPark (PNNT) Lags Q4 Earnings and Revenue Estimates
PennantPark (PNNT) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.22 per share a year ago.
PennantPark Investment: Limited Growth Potential Until Rates Are Cut
PennantPark Investment offers an attractive 13.4% dividend yield, appealing to income investors, but I have concerns about the sustainability of this payout through 2025. While the total return over the past year is strong at 17.3%, much of this is due to recent market momentum and dividend distributions. PNNT currently trades at only a 2.85% discount to NAV, much smaller than its historical average, making the stock less compelling at current levels.
PennantPark Investment Corporation (PNNT) Q3 2025 Earnings Conference Call Transcript
PennantPark Investment Corporation (NYSE:PNNT ) Q3 2025 Earnings Conference August 12, 2025 12:00 PM ET Company Participants Arthur Howard Penn - Founder, Chairman, Managing Partner & CEO Richard Thomas Allorto - Chief Financial Officer Conference Call Participants Arren Saul Cyganovich - Truist Securities, Inc., Research Division Brian J. Mckenna - Citizens JMP Securities, LLC, Research Division Casey Jay Alexander - Compass Point Research & Trading, LLC, Research Division Christopher Whitbread Patrick Nolan - Ladenburg Thalmann & Co. Inc., Research Division Melissa Wedel - JPMorgan Chase & Co, Research Division Paul Conrad Johnson - Keefe, Bruyette, & Woods, Inc., Research Division Robert James Dodd - Raymond James & Associates, Inc., Research Division Operator Hello, and welcome to PennantPark Investment Corporation's Third Fiscal Quarter 2025 Earnings Conference Call.
PennantPark (PNNT) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for PennantPark (PNNT) give insight into how the company performed in the quarter ended June 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
PennantPark (PNNT) Q3 Earnings Meet Estimates
PennantPark (PNNT) came out with quarterly earnings of $0.18 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.24 per share a year ago.
PennantPark Investment: Q2 Earnings Indicate Continued Weakness
PennantPark Investment reported disappointing Q2 earnings with declining net investment income and NAV, leading to a hold rating due to insufficient distribution support. PNNT's price fell 8.6% over the past year, with total returns barely positive at 2.4%, despite a high dividend yield of 14.7%. New investments of $176.8M were outpaced by $263.1M in sales and repayments, indicating a need for more capital allocation to new investments.
PennantPark Investment Corporation (PNNT) Q1 2025 Earnings Conference Call Transcript
PennantPark Investment Corporation (NYSE:PNNT ) Q1 2025 Earnings Conference Call May 13, 2025 12:00 PM ET Company Participants Art Penn - Chairman & CEO Rick Allorto - CFO Conference Call Participants Maxwell Fritscher - Truist Melissa Wedel - JPMorgan Operator Good afternoon and welcome to the PennantPark Investment Corporation's Second Fiscal Quarter 2025 Earnings Conference Call. Today's conference is being recorded.
PennantPark (PNNT) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for PennantPark (PNNT) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
