
PFLT Stock Forecast & Price Target
PFLT Analyst Ratings
Bulls say
PennantPark Floating Rate Capital Ltd demonstrates a strong financial outlook, with the market projecting a quarterly net investment income (NII) of $0.29 per share, indicating a potential increase of over 5% in future estimates. The company is favorably positioned with greater clarity regarding the trajectory of NII, return on equity (ROE), and dividends expected through 2026, which enhances its attractiveness to investors. Additionally, the stock trades at 0.93 times its current net asset value (NAV) and offers a substantial 12% dividend yield, highlighting its potential for capital appreciation and current income generation.
Bears say
PennantPark Floating Rate Capital Ltd's reliance on investments in floating rate loans to U.S. middle-market companies exposes it to significant credit risk, as these companies may experience financial strain during economic downturns, potentially leading to defaults. A volatile credit market could further erode the company's net asset value, compounding the challenges associated with maintaining consistent interest income. The overall economic backdrop presents heightened uncertainty, suggesting a negative outlook for the company's revenue and capital appreciation 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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