PFLT

Company Overview — What Does PennantPark Floating Rate Capital Ltd. Do?

PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years. PennantPark Floating Rate Capital Ltd. (PFLT) is classified as a small-cap stock in the Financials sector, specifically within the Financial Services industry. The company is led by CEO Arthur H. Penn and employs approximately 658 people, headquartered in NEW YORK, New York. With a market capitalization of $795M, PFLT is one of the notable companies in the Financials sector.

PennantPark Floating Rate Capital Ltd. (PFLT) Stock Rating — Reduce (April 2026)

As of April 2026, PennantPark Floating Rate Capital Ltd. receives a Reduce rating with a composite score of 41.0/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.PFLT ranks #2,307 out of 4,446 stocks in our coverage universe. Within the Financials sector, PennantPark Floating Rate Capital Ltd. ranks #631 of 891 stocks, placing it in the lower half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

PFLT Stock Price and 52-Week Range

PennantPark Floating Rate Capital Ltd. (PFLT) currently trades at $8.43. The stock gained $0.06 (0.7%) in the most recent trading session. The 52-week high for PFLT is $11.46, which means the stock is currently trading -26.4% from its annual peak. The 52-week low is $7.96, putting the stock 5.9% above its annual trough. Recent trading volume was 692K shares, suggesting relatively thin trading activity.

Is PFLT Overvalued or Undervalued? — Valuation Analysis

PennantPark Floating Rate Capital Ltd. (PFLT) carries a value factor score of 27/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The trailing price-to-earnings ratio is 18.34x, compared to the Financials sector average of 14.88x — a premium of 23%. The price-to-book ratio stands at 0.80x, versus the sector average of 1.22x. The price-to-sales ratio is 15.10x, compared to 0.90x for the average Financials stock. On an enterprise value basis, PFLT trades at 28.10x EV/EBITDA, versus 3.26x for the sector.

At current multiples, PennantPark Floating Rate Capital Ltd. trades at a premium to most Financials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

PennantPark Floating Rate Capital Ltd. Profitability — ROE, Margins, and Quality Score

PennantPark Floating Rate Capital Ltd. (PFLT) earns a quality factor score of 42/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 4.3%, compared to the Financials sector average of 8.5%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 1.7% versus the sector average of 1.2%.

The operating margin is 49.7% (sector: 21.8%). Net profit margin stands at 49.7%, versus 17.7% for the average Financials stock. Revenue growth is running at 31.9% on a trailing basis, compared to 9.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

PFLT Debt, Balance Sheet, and Financial Health

PennantPark Floating Rate Capital Ltd. has a debt-to-equity ratio of 161.0%, compared to the Financials sector average of 121.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.62x, suggesting adequate working capital coverage.

PFLT has a beta of 0.74, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for PennantPark Floating Rate Capital Ltd. is 81/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.

PennantPark Floating Rate Capital Ltd. Revenue and Earnings History — Quarterly Trend

In TTM 2026, PennantPark Floating Rate Capital Ltd. reported revenue of $55M. Net income for the quarter was $45M. Operating income came in at $30M.

In Q1 2026, PennantPark Floating Rate Capital Ltd. reported revenue of N/A. Net income for the quarter was $-4M.

In FY 2025, PennantPark Floating Rate Capital Ltd. reported revenue of $107M. Net income for the quarter was $66M. Revenue grew 37.9% year-over-year compared to FY 2024.

In Q3 2025, PennantPark Floating Rate Capital Ltd. reported revenue of N/A. Net income for the quarter was $19M.

Over the past 8 quarters, PennantPark Floating Rate Capital Ltd. has demonstrated a growth trajectory, with revenue expanding from $21M to $55M. Investors analyzing PFLT stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

PFLT Dividend Yield and Income Analysis

PennantPark Floating Rate Capital Ltd. (PFLT) currently pays a dividend yield of 12.0%. At this yield, a $10,000 investment in PFLT stock would generate approximately $$1202.00 in annual dividend income. This compares to the Financials sector average dividend yield of 2.5%, meaning PFLT offers above-average income for its sector. With a net margin of 49.7%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.

PFLT Momentum and Technical Analysis Profile

PennantPark Floating Rate Capital Ltd. (PFLT) has a momentum factor score of 29/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 25/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 65/100 reflects moderate short selling activity.

PFLT vs Competitors — Financials Sector Ranking and Peer Comparison

Within the Financials sector, PennantPark Floating Rate Capital Ltd. (PFLT) ranks #631 out of 891 stocks based on the Blank Capital composite score. This places PFLT in the lower half of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.

Comparing PFLT against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full PFLT vs S&P 500 (SPY) comparison to assess how PennantPark Floating Rate Capital Ltd. stacks up against the broader market across all factor dimensions.

PFLT Next Earnings Date

No upcoming earnings date has been announced for PennantPark Floating Rate Capital Ltd. (PFLT) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy PFLT? — Investment Thesis Summary

The quantitative profile for PennantPark Floating Rate Capital Ltd. suggests caution. The value score of 27/100 indicates premium valuation. Momentum is weak at 29/100, a headwind for near-term performance. Low volatility (stability score 81/100) reduces downside risk.

In summary, PennantPark Floating Rate Capital Ltd. (PFLT) earns a Reduce rating with a composite score of 41.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on PFLT stock.

Related Resources for PFLT Investors

Explore more research and tools: PFLT vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare PFLT head-to-head with peers: PFLT vs WTM, PFLT vs OPY, PFLT vs ACT.