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PNNTPennantPark Investment Corporation
$3.37$220M
Overview & Verdict
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PNNT logoPennantPark Investment Corporation(PNNT)Earnings, Financials & Key Ratios

PNNT•NYSE
$3.37
6.7× P/E·Price updated Jul 7, 2026
SectorFinancial ServicesIndustryAsset ManagementSub-IndustryPrivate credit and BDC lenders
AboutPennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The fund typically invests in buildings and real estate, hotels, gaming and leisure, technology, telecommunications, transportation, information technology services, electronics, healthcare & pharmaceuticals, education and childcare, financial services, printing and publishing, consumer products, business services, energy & Related Services and utilities, distribution, oil and gas, media, environmental services, aerospace and defense, building materials, capital equipment, chemicals, plastics, & rubber, food & beverage, wholesale, manufacturing and basic industries and retail. It invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, senior secured debt, subordinated debt, subordinated loans, first lien debt, mezzanine loans, and distressed debt securities and private equity co-investments. It seeks to invest in companies based in the United States. The fund seeks to invest between $10 million and $100 million cross the capital structure (senior secured loans, subordinated debt, and other investments) in its portfolio companies with EBITDA between $10 to $50 million. Its mezzanine loans, senior secured loans, and other investments in its portfolio companies are between $15 million and $50 million. The fund may also make non-control equity and debt investments.Show more
  • EBITDA$35M-32.1%
  • Net Income$33M-33.0%
  • EPS (Diluted)0.50-33.3%
  • Gross Margin50.27%-10.9%
  • EBITDA Margin42.48%-15.2%
  • Operating Margin42.48%-15.2%
  • Net Margin39.39%-16.4%
  • ROE6.83%-30.3%

PNNT Price & Volume

PennantPark Investment Corporation (PNNT) stock price & volume — 10-year historical chart

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Persistent Earnings Volatility Masks Structural Capital Erosion

Investment Thesis • Updated 2026Q2

VerdictNeutral
Growth:Contracting
Profitability:Strained
Financial:Vulnerable
Cash Flow:Deteriorating
Primary Risk:Portfolio Credit Quality Erosion

Key Thesis Takeaways

  • PennantPark Investment Corporation faces significant headwinds as its revenue base has contracted from $32.7M in 2024Q4 to $24.5M in 2026Q2, signaling instability in its underlying credit portfolio.
  • The firm's reliance on dividend distributions despite recurring net losses, such as the $2.3M loss in 2026Q2, suggests a precarious capital allocation strategy that threatens long-term shareholder value.
  • Investors should remain cautious given the severe liquidity constraints, evidenced by a current ratio that has collapsed to 0.09, leaving minimal buffer for potential credit defaults.

Verdict Logic

Negative: The firm's dividend sustainability is highly questionable given the recent $2.3M net loss and a 31.0% dividend yield that appears disconnected from the company's underlying cash-generating capacity.

PNNT Growth Metrics

PennantPark Investment Corporation (PNNT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years14.28%
5 Years30.08%
3 Years51.7%
TTM-

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-71.02%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-71.2%

Return on Capital

10 Years2.91%
5 Years3.58%
3 Years1.7%
Last Year2.85%

PNNT Recent Earnings

PennantPark Investment Corporation (PNNT) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 4/12 qtrs (33%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
May 7, 2026
Metric
Actual
Est
EPS
$0.14+0.0%
$0.14
Rev
$25M-6.9%
$27M
Q1 2026
Feb 9, 2026
Metric
Actual
Est
EPS
$0.11-31.3%
$0.16
Rev
$27M-4.2%
$28M
Q4 2025
Nov 24, 2025
Metric
Actual
Est
EPS
$0.15-13.4%
$0.17
Rev
$28M-4.5%
$29M
Q3 2025
Aug 11, 2025
Metric
Actual
Est
EPS
$0.18-1.4%
$0.18
Rev
$30M-1.8%
$30M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 7, 2026
$0.14vs $0.14+0.0%
$25Mvs $27M-6.9%
Q1 2026Feb 9, 2026
$0.11vs $0.16-31.3%
$27Mvs $28M-4.2%
Q4 2025Nov 24, 2025
$0.15vs $0.17-13.4%
$28Mvs $29M-4.5%
Q3 2025Aug 11, 2025
$0.18vs $0.18-1.4%
$30Mvs $30M-1.8%
Based on last 12 quarters of dataView full earnings history →

Latest PNNT News

Recent stock market news and headlines for PennantPark Investment Corporation (PNNT)

GlobeNewsWire·1 day ago
PennantPark Investment Corporation Schedules Earnings Release of Third Fiscal Quarter 2026 Results

MIAMI, July 06, 2026 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) announced that it will report results for the third fiscal quarter ended June 30, 2026 on Monday, August 10, 2026 after the close of the financial markets.

GlobeNewsWire·5 days ago
PennantPark Investment Corporation Announces Monthly Distribution of $0.08 per Share

MIAMI, July 02, 2026 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for July 2026 of $0.08 per share, comprised of a $0.04 per share base dividend and $0.04 per share supplemental dividend, payable on August 3, 2026 to stockholders of record as of July 15, 2026. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.

Peers Comparison

Key metrics vs top competitors for PennantPark Investment Corporation (PNNT)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
PNNT logoPNNTPennantPark Investment CorporationCurrent
$3.37$220.05M6.74-19.88%39.39%6.83%30.86%
ARCC logoARCCAres Capital Corporation
$18.47$13.26B9.9332.87%43.69%8.11%—
FSCO logoFSCOFS Credit Opportunities Corp.
$4.90$991.12M6.45-18.64%———
GBDC logoGBDCGolub Capital BDC, Inc.
$12.75$3.32B8.9842.5%26.91%5.24%—
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$4.75$192.85M3.8936.55%-19.55%-3.39%—
PFLT logoPFLTPennantPark Floating Rate Capital Ltd.
$7.19$713.38M9.992.2%34.83%5.84%—

Compare PNNT vs Peers

PennantPark Investment Corporation (PNNT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs ARCC

Most directly comparable listed peer for PNNT.

Scale Benchmark

vs BX

Larger-name benchmark to compare PNNT against a more recognizable public peer.

Peer Set

Compare Top 5

vs ARCC, FSCO, GBDC, TPVG

PNNT SEC Filings & Documents

PennantPark Investment Corporation (PNNT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 7, 2026·SEC

Material company update

May 4, 2026·SEC

Material company update

Apr 6, 2026·SEC

10-K Annual Reports

2
FY 2025

Nov 24, 2025·SEC

FY 2024

Nov 26, 2024·SEC

10-Q Quarterly Reports

5
FY 2026

May 7, 2026·SEC

FY 2026

Feb 9, 2026·SEC

FY 2025

Aug 11, 2025·SEC

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PNNT Frequently Asked Questions

PennantPark Investment Corporation (PNNT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is PennantPark Investment Corporation's revenue?

PennantPark Investment Corporation (PNNT) reported $82.3M in revenue for fiscal year 2025.

How fast is PennantPark Investment Corporation growing?

PennantPark Investment Corporation (PNNT) saw revenue decline by 19.9% over the past year.

Is PNNT profitable?

Yes, PennantPark Investment Corporation (PNNT) is profitable, generating $13.8M in net income for fiscal year 2025 (39.4% net margin).

Dividend & Returns
Does PNNT pay dividends?

Yes, PennantPark Investment Corporation (PNNT) pays a dividend with a yield of 30.86%. This makes it attractive for income-focused investors.

What is PNNT's return on equity?

PennantPark Investment Corporation (PNNT) has a return on equity (ROE) of 6.8%. This is below average, suggesting room for improvement.

What is PennantPark Investment Corporation's free cash flow?

PennantPark Investment Corporation (PNNT) generated $161.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in PNNT back in 2007?

Total return calculator · dividends reinvested · 19+ years of data

See returns →