Is PennantPark Floating Rate stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, PennantPark Floating Rate pays dividends. Last time was Monday 2nd of December 2024 where the investors holding the stock on Friday 15th of November 2024 were paid $0.1025 per share. Over the last 25 times between 2018 and 2024, PennantPark Floating Rate has paid $2.496 with an average of $0.1 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for PennantPark Floating Rate 10 years ago, but if you had invested on Tuesday 28th of January 2020 when the price was $12.01, you would have made a loss of $-0.960 per share or -7.99%
No, the average daily trading liquidity for PennantPark Floating Rate is $1 520 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
PennantPark Floating Rate has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. PennantPark Floating Rate has a very good net profit margin of 65.47% and should have very high tolerances against inflation.
We have calculated the inflation risk for PennantPark Floating Rate to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.