FMP

FMP

PennantPark Investment Corporation (NYSE: PNNT) Overview

  • Compass Point sets a price target of $5.50 for PNNT, while the stock trades at $5.77, indicating a potential overvaluation according to Compass Point.
  • PNNT announces a monthly distribution of $0.08 per share for December 2025, showcasing its commitment to providing returns to its investors.
  • The stock's trading range over the past year indicates volatility, with a high of $7.53 and a low of $5.66.

PennantPark Investment Corporation (NYSE: PNNT) is a business development company that focuses on investing in U.S. middle-market private companies. It does this through various forms of debt and equity investments. Managed by PennantPark Investment Advisers, LLC, the company aims to provide capital solutions to its portfolio companies while generating returns for its investors.

On December 2, 2025, Compass Point set a price target of $5.50 for PNNT. At that time, the stock was trading at $5.77, which is approximately 4.68% higher than the target. This suggests that the market may have a more optimistic view of the stock's value compared to Compass Point's assessment.

PNNT has announced a monthly distribution for December 2025, amounting to $0.08 per share. This distribution will be payable on January 2, 2026, to stockholders on record as of December 15, 2025. The distribution is expected to be funded from the company's taxable net investment income, providing a steady income stream for investors.

The stock for PNNT is currently priced at $5.77, reflecting a decrease of 1.87% with a change of $0.11. Today, the stock has fluctuated between a low of $5.66 and a high of $5.91. Over the past year, the stock has reached a high of $7.53 and a low of $5.66, indicating some volatility in its trading range.

PNNT's market capitalization stands at approximately $376.76 million, with a trading volume of 1,524,801 shares on the NYSE. This level of trading activity suggests a moderate level of investor interest in the stock, which could be influenced by the company's recent distribution announcement and the price target set by Compass Point.