PennantPark Investment Corporation - common stock (PNNT) News
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PNNT News Highlights
- PNNT's 30 day story count now stands at 11.
- Over the past 14 days, the trend for PNNT's stories per day has been choppy and unclear. It has oscillated between 1 and 4.
- PFLT, BEAT and BDC are the most mentioned tickers in articles about PNNT.
Latest PNNT News From Around the Web
Below are the latest news stories about Pennantpark Investment Corp that investors may wish to consider to help them evaluate PNNT as an investment opportunity.
Illinois physical therapy company closes deal to buy Towson-based Pivot Health SolutionsA fast-growing Illinois physical therapy company closed its deal to buy Towson's Pivot Health Solutions — a physical and occupational therapy chain with more than 250 locations — for an undisclosed sum. Athletico Physical Therapy disclosed it had finalized the deal, first announced in December, to acquire Pivot on Wednesday. The combined company will have nearly 8,000 employees and more than 900 locations across 25 states and Washington, D.C. Athletico appointed Chris Throckmorton, CEO of Pivot since 2019, as president and CEO of the combined company, effective immediately, the company said. |
PennantPark Investment (PNNT) Q1 2022 Earnings Call TranscriptImage source: The Motley Fool. PennantPark Investment (NASDAQ: PNNT)Q1 2022 Earnings CallFeb 10, 2022, 12:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood afternoon, and welcome to the PennantPark Investment Corporation's first fiscal quarter '22 earnings conference call. |
PennantPark (PFLT) Q1 Earnings and Revenues Beat EstimatesPennantPark (PFLT) delivered earnings and revenue surprises of 17.86% and 22.34%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock? |
PennantPark Investment stock gains after Q1 earnings beat; initiates buyback programPennantPark Investment (NASDAQ:PNNT) stock jumps more than 4% in after-hours trading after Q1 results came in stronger-than-expected. Moreover, the company said it initiated a $25M stock buyback program, which will expire on March 31, 2023. Q1 net asset value per share of $10.11 vs. $9.85 in the previous quarter. Q1 investment income... |
PennantPark (PNNT) Surpasses Q1 Earnings and Revenue EstimatesPennantPark (PNNT) delivered earnings and revenue surprises of 46.15% and 27.65%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock? |
PennantPark Investment Corporation Announces an Increase of Its Quarterly Distribution to $0.14 per Share, Its Financial Results for the Quarter Ended December 31, 2021 and Initiates a Stock Repurchase ProgramMIAMI, Feb. 09, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (NASDAQ: PNNT) announced today financial results for the first fiscal quarter ended December 31, 2021. HIGHLIGHTS Quarter ended December 31, 2021($ in millions, except per share amounts) Assets and Liabilities: Investment portfolio (1)$1,445.4 PSLF investment portfolio$421.5 Net assets$677.6 GAAP net asset value per share$10.11 Quarterly increase in GAAP net asset value per share 2.6%Adjusted net asset value per share (2 |
PennantPark Investment Corporation Announces $25 Million Stock Repurchase ProgramMIAMI, Feb. 09, 2022 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NASDAQ: PNNT) announced today that its Board of Directors has authorized a program for the purpose of repurchasing up to $25.0 million worth of its common stock at prices below the Company’s net asset value per share as reported in its most recent financial statements to be implemented at the discretion of the Company’s management team. Under the repurchase program, the Company may, but is not obligated |
PennantPark: Monthly Payer, NII Upside, 8.6% YieldPennantPark Floating Rate Capital Ltd. (PFLT) could make a fortune this year as interest rates rise. Under pressure from rising inflation, the Federal Reserve is expected to raise interest rates this year, potentially resulting in higher net interest income from PennantPark's floating rate debt investment portfolio. PennantPark: A BDC With... |
Tilden Park Management I LLC Buys Velocity Acquisition Corp, Sells Flagstar Bancorp Inc, ...Investment company Tilden Park Management I LLC (Current Portfolio) buys Velocity Acquisition Corp, sells Flagstar Bancorp Inc, Realogy Holdings Corp, Brighthouse Financial Inc, LendingTree Inc, Pennant Park Investment Corp during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Tilden Park Management I LLC. |
PennantPark (PFLT) Reports Next Week: Wall Street Expects Earnings GrowthPennantPark (PFLT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |