
PFLT Stock Forecast & Price Target
PFLT Analyst Ratings
Bulls say
PennantPark Floating Rate Capital Ltd is expected to achieve a quarterly net investment income (NII) of $0.29 per share over the next year, with forward estimates indicating a potential increase of over 5%. The company benefits from a current trading valuation at 0.93 times its net asset value (NAV) alongside a notable 12% dividend yield, which enhances its attractiveness to investors. Increased clarity regarding the trajectory of NII, return on equity (ROE), and dividend coverage bolsters the financial outlook for the company through 2026.
Bears say
PennantPark Floating Rate Capital Ltd faces significant risks from potential defaults by U.S. middle-market companies due to the adverse effects of an economic downturn, which could lead to diminished interest income. The company's net asset value is vulnerable to a volatile credit market, raising concerns about its stability in uncertain economic conditions. Additionally, the broader deterioration in the economic backdrop poses a threat to the financial health of its portfolio companies, further exacerbating the risks associated with its investment strategy.
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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