# PennantPark Floating Rate Capital Ltd. (PFLT)

> Source: Nexqual · https://nexqual.com/PFLT · data as of 2026-10-23 17:26 UTC · cite as "Nexqual, PennantPark Floating Rate Capital Ltd. (PFLT), nexqual.com/PFLT" · informational, not investment advice.

**Price:** USD 6.29 (-2.02% today) · US market open, as of October 23, 2026 at 17:26 UTC; quotes may be delayed. Prev close 6.42 · day 6.28–6.4 · 52w 6.15–9.75 · market cap $624M · NYQ

## Key facts
- Valuation: P/E 12.4x.
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $50K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 1.88 on a 1–5 scale) (8 analysts), mean target USD 9.57 (range 8.5–10.5).
- Total return with dividends: 1Y -19.2% vs S&P 500 +14.4%; 5Y -17.7% vs S&P 500 +77.0%.
- Next earnings: 2026-11-23, EPS estimate USD 0.26, revenue estimate $65.5M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Net income | $56.5M | $3.5M | $39.3M | $91.8M | $66.4M | $50.2M |
| Cash + short-term investments | $49.8M | $51.5M | $101M | $112M | $123M | — |
Fiscal years end Sep. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 12.4x · P/B 0.6x · Earnings yield 8.05% · Dividend yield (paid, TTM) 19.55%

## Insider purchases (SEC Form 4, open-market, last ~7 months)
1 purchase, $50K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-05-12 | Briones Jose A | Director | 5,770 | $50K | 8.67 | Too little history (no open-market trades in 2023) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 1.88 on a 1–5 scale), 8 analysts; mean target USD 9.57 (low 8.5, high 10.5).

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -19.2% | -17.7% |
| S&P 500 (SPY) | +14.4% | +77.0% |
| Per year | -19.2% | -3.8% |
| Volatility (annualized) | 23.1% | 21.8% |
| Max drawdown | -28.3% (Jan 2026→Oct 2026) | -31.1% (Mar 2025→Oct 2026) |

## Peers (Asset Management)
BXSL (Blackstone Secured Lending Fund) USD 23.42 -2.05% · VCTR (Victory Capital Holdings, Inc. ) USD 106.65 -0.69% · PDI (PIMCO Dynamic Income Fund) USD 14.31 +0.03% · AMG (Affiliated Managers Group, Inc.) USD 387.98 -1.91% · SEIC (SEI Investments Company) USD 102.71 -1.72% · IVZ (Invesco Ltd) USD 28.22 -2.00%

## More
Full page: https://nexqual.com/PFLT · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in PFLT's own 10-K filed 2025-11-24 (https://www.sec.gov/Archives/edgar/data/1504619/000119312525293672/pflt-20250930.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | PennantPark Investment Advisers | "We utilize the investing experience and contacts of PennantPark Investment Advisers in developing what we believe is an attractive and diversified portfolio." |
| Partner | HL | "In August 2025, we and Hamilton Lane ("HL") formed PSSL II, an unconsolidated joint venture." |
| Partner | Senior Secured Loan Fund II | "On August 8, 2025, we and a fund managed by Hamilton Lane ("HL") formed PennantPark Senior Secured Loan Fund II LLC ("PSSL II") an unconsolidated joint venture." |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.26 | $0.27 | -2.6% | $65.5M | 8 |
| Next quarter (ends 2026-12-31) | $0.27 | $0.27 | -1.6% | $66.2M | 7 |
| Current fiscal year (ends 2026-09-30) | $1.05 | $1.06 | -1.1% | $267.6M | 8 |
| Next fiscal year (ends 2027-09-30) | $1.07 | $1.08 | -1.3% | $267.0M | 8 |