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Pennant Investment

PNNT

PennantPark Investment Corporation is a closed-end, externally managed business development company (BDC) that provides customized financial solutions to U.S. middle-market companies.

Market cap
$219.39M-53.0%
Net income$14.8M-69.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 10, 2026 (In 1 week)
Revenue estimate$25.1M
EPS estimate$0.14

Financials

Q2 2026

Income statement

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Net income-$2.3M-125%

Balance sheet

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Cash & equivalents$29.7M-8.7%
Total equity$439.2M-10.0%
Total assets$1.3B0.0%

Cash flow

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Operating cash flow$36.4M-74.4%

Valuation & ratios

Valuation

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Market cap$219.39M-53.0%
P/E14.9×+5.7×

Returns & leverage

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Return on equity3.2%-6.4pp

Competitors

Profile

PennantPark Investment Corporation is a closed-end, externally managed business development company (BDC) that provides customized financial solutions to U.S. middle-market companies. The company primarily generates current income and capital appreciation by investing in first lien secured debt, second lien secured debt, subordinated debt, and equity. It targets companies with annual revenues between $50 million and $1 billion, often leveraging its management's deep expertise in private equity and leveraged finance to source and structure transactions.

Competitive position

A specialized BDC with a long-standing reputation as a partner to financial sponsors and a disciplined, value-oriented investment approach.

GeographiesUnited States
Customer segmentsMiddle-market enterprises, Private equity firms
Business modelInvestment Management, Direct Lending
SuppliersInstitutional and retail equity investors, Debt capital providers, Commercial and investment banks
CustomersMiddle-market corporations, Management teams, Financial sponsors
Listed2007
CEOArthur Howard Penn
FilingsSEC EDGAR

Questions, answered.

What is Pennant Investment's market cap?
Pennant Investment (PNNT) has a market capitalization of $219.4M and trades on NYSE.
Who are Pennant Investment's competitors?
Pennant Investment's key competitors include PennantPark Floating Rate Capital Ltd., FS KKR Capital Corp., Ares Capital Corporation, and others. These companies compete in similar markets and product categories.
Who does Pennant Investment partner with?
Pennant Investment's notable partners include Pantheon Ventures (UK) LLP, Truist Bank, JPMorgan Chase Bank, N.A., and others.
What subsidiaries does Pennant Investment have?
Pennant Investment's subsidiaries include PennantPark SBIC II.
Where is Pennant Investment headquartered?
Pennant Investment is headquartered in United States of America. It has been publicly traded since 2007.