
PFLT Stock Forecast & Price Target
PFLT Analyst Ratings
Bulls say
PennantPark Floating Rate Capital Ltd is positioned favorably, with the Street estimating a quarterly net investment income (NII) of $0.29 per share and a potential increase of over 5% in forward estimates over the next year. The company is set to benefit from a clearly defined trajectory for NII, returns on equity (ROEs), and dividend coverage well into 2026, providing investors with enhanced visibility regarding financial performance. Additionally, the stock trades at 0.93 times its current net asset value (NAV) and offers a robust 12% dividend yield, indicating appealing valuation and income potential in the current market environment.
Bears say
PennantPark Floating Rate Capital Ltd faces significant risks due to its investments in Floating Rate Loans to U.S. middle-market companies, which are vulnerable to economic downturns that could lead to defaults on payments and a decline in interest income. The company's net asset value is at risk of being negatively impacted by volatility in the credit market and a broader economic deterioration, potentially eroding investor confidence. Overall, the susceptibility of the portfolio to external economic pressures raises concerns about the sustainability of income generation and capital appreciation, leading to a negative outlook for the stock.
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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