NASDAQ:PTMN Portman Ridge Finance (PTMN) Stock Price, News & Analysis → Biden’s $374B Giveaway Into This Sector (From DTI) (Ad) Free PTMN Stock Alerts $19.18 +0.21 (+1.11%) (As of 04/19/2024 ET) Add Compare Share Share Today's Range$19.02▼$19.3050-Day Range$18.38▼$19.5052-Week Range$16.27▼$21.20Volume14,262 shsAverage Volume43,348 shsMarket Capitalization$179.14 millionP/E Ratio15.98Dividend Yield14.39%Price Target$20.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Portman Ridge Finance alerts: Email Address Portman Ridge Finance MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside4.3% Upside$20.00 Price TargetShort InterestHealthy0.30% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth3.50%From $2.86 to $2.96 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.57 out of 5 starsFinance Sector811th out of 845 stocksInvestors, Not Elsewhere Classified Industry12th out of 16 stocks 1.0 Analyst's Opinion Consensus RatingPortman Ridge Finance has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoveragePortman Ridge Finance has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.30% of the float of Portman Ridge Finance has been sold short.Short Interest Ratio / Days to CoverPortman Ridge Finance has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Portman Ridge Finance has recently increased by 61.90%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipPortman Ridge Finance is a leading dividend payer. It pays a dividend yield of 14.46%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPortman Ridge Finance has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Portman Ridge Finance is 230.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Portman Ridge Finance will have a dividend payout ratio of 93.24% in the coming year. This indicates that Portman Ridge Finance may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PTMN. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 2 people have searched for PTMN on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Portman Ridge Finance to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Portman Ridge Finance insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.20% of the stock of Portman Ridge Finance is held by insiders.Percentage Held by InstitutionsOnly 30.14% of the stock of Portman Ridge Finance is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Portman Ridge Finance are expected to grow by 3.50% in the coming year, from $2.86 to $2.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Portman Ridge Finance is 15.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Portman Ridge Finance is 15.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.38.Price to Book Value per Share RatioPortman Ridge Finance has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Timothy SykesUrgent alert: open this for a huge profit potentialThis groundbreaking technology that Tim calls “Inception” isn’t being talked about anywhere… not on Fox, Yahoo, or CNBC.See Tim’s instructions to make this remarkably simple trade right here About Portman Ridge Finance Stock (NASDAQ:PTMN)Portman Ridge Finance Corporation is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, mezzanine, buyout in middle market companies. It also makes acquisitions in businesses complementary to the firm's business. It primarily invests in healthcare, cargo transport, manufacturing, industrial & environmental services, logistics & distribution, media & telecommunications, real estate, education, automotive, agriculture, aerospace/defense, packaging, electronics, finance, non-durable consumer, consumer products, business services, utilities, insurance, and food and beverage sectors. The fund typically invests $1 million to $20 million in its portfolio companies. It provides senior secured term loans from $2 million to $20 million maturing in five to seven years; second lien term loans from $5 million to $15 million maturing in six to eight years; senior unsecured loans $5 million to $23 million maturing in six to eight years; mezzanine loans from $5 million to $15 million maturing in seven to ten years; and equity investments from $1 to $5 million. The fund targets the companies with EBITDA between $5 million and $25 million. While investing in debt securities, it invests in those middle market firms with EBITDA between $10 million and $50 million and/or total debt between $25 million and $150 million. It invests in minority, and majority or control equity positions alongside its private equity sponsor partners.Read More PTMN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PTMN Stock News HeadlinesApril 12, 2024 | globenewswire.comPortman Ridge Finance Corporation Schedules First Quarter 2024 Earnings Release and Conference CallMarch 16, 2024 | finance.yahoo.comPortman Ridge Finance Corporation (NASDAQ:PTMN) Q4 2023 Earnings Call TranscriptApril 20, 2024 | Paradigm Press (Ad)Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISYou might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.March 15, 2024 | finance.yahoo.comQ4 2023 Portman Ridge Finance Corp Earnings CallMarch 13, 2024 | globenewswire.comPortman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial ResultsMarch 13, 2024 | morningstar.comPortman Ridge Finance CorpMarch 12, 2024 | msn.comPortman Ridge Finance Q4 2023 Earnings PreviewMarch 12, 2024 | benzinga.comEarnings Outlook For Portman Ridge FinanceApril 20, 2024 | Paradigm Press (Ad)Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISYou might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.January 17, 2024 | finance.yahoo.comPortman Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference CallJanuary 7, 2024 | seekingalpha.comPortman Ridge Finance: Complicated 15% Dividend At An 18.5% Discount To NAVNovember 16, 2023 | msn.comPortman Ridge Finance goes ex dividend tomorrowNovember 14, 2023 | benzinga.comThursday Is Your Last Chance To Buy Portman Ridge Finance Before The Dividend PayoutNovember 11, 2023 | morningstar.comPortman Ridge Finance Corp PTMNNovember 10, 2023 | finance.yahoo.comQ3 2023 Portman Ridge Finance Corp Earnings CallNovember 10, 2023 | finance.yahoo.comPortman Ridge Finance Corporation (NASDAQ:PTMN) Q3 2023 Earnings Call TranscriptOctober 18, 2023 | finance.yahoo.comPortman Ridge Finance Corporation Schedules Third Quarter 2023 Earnings Release and Conference CallAugust 9, 2023 | benzinga.comPortman Ridge Finance Corporation Announces Second Quarter 2023 Financial ResultsAugust 9, 2023 | finance.yahoo.comPortman Ridge Finance Corporation Announces Second Quarter 2023 Financial ResultsJuly 22, 2023 | finance.yahoo.comPTMN - Portman Ridge Finance CorporationJuly 20, 2023 | seekingalpha.comPortman Ridge - Seeking Total Return, But Not Finding ItJuly 13, 2023 | finance.yahoo.comPortman Ridge Finance Corporation Schedules Second Quarter 2023 Earnings Release and Conference CallJune 1, 2023 | finance.yahoo.comLooking for a Growth Stock? 3 Reasons Why Portman Ridge (PTMN) is a Solid ChoiceJune 1, 2023 | finance.yahoo.comPortman Ridge Finance Corporation to Present at the LD Micro Invitational Conference on June 6May 25, 2023 | finance.yahoo.comIs Portman Ridge Finance (PTMN) Stock Undervalued Right Now?May 18, 2023 | msn.comPortman Ridge Finance goes ex-dividend tomorrowMay 16, 2023 | msn.comPortman Ridge Finance's Ex-Dividend Date Is Friday, Here's What You Need To KnowSee More Headlines Receive PTMN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Portman Ridge Finance and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/13/2024Ex-Dividend for 4/2 Dividend3/22/2024Dividend Payable4/02/2024Today4/20/2024Next Earnings (Confirmed)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Investors, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:PTMN CUSIPN/A CIK1372807 Webwww.portmanridge.com Phone(212) 891-2880Fax212-983-7654EmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$20.00 High Stock Price Target$20.00 Low Stock Price Target$20.00 Potential Upside/Downside+4.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.20 Trailing P/E Ratio15.98 Forward P/E Ratio6.71 P/E GrowthN/ANet Income$11.38 million Net Margins14.91% Pretax Margin45.56% Return on Equity16.02% Return on Assets6.19% Debt Debt-to-Equity Ratio1.51 Current Ratio5.92 Quick Ratio5.92 Sales & Book Value Annual Sales$76.32 million Price / Sales2.35 Cash Flow$3.08 per share Price / Cash Flow6.22 Book Value$22.60 per share Price / Book0.85Miscellaneous Outstanding Shares9,340,000Free Float9,134,000Market Cap$179.14 million OptionableOptionable Beta0.95 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for April 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Edward Joseph Goldthorpe (Age 47)Chairman, CEO & President Mr. Jason T. Roos (Age 46)CFO, Secretary & Treasurer Mr. Patrick Schafer (Age 39)Chief Investment Officer Mr. David Isaac Held J.D. (Age 53)Chief Compliance Officer Key CompetitorsLogan Ridge FinanceNASDAQ:LRFCInvestcorp Credit Management BDCNASDAQ:ICMBStellus Capital InvestmentNYSE:SCMTriplePoint Venture Growth BDCNYSE:TPVGPennantPark InvestmentNASDAQ:PNNTView All CompetitorsInsiders & InstitutionsConfluence Investment Management LLCBought 58,604 shares on 4/1/2024Ownership: 0.627%Citadel Advisors LLCSold 20,800 shares on 2/15/2024Ownership: 0.000%Virtus ETF Advisers LLCSold 2,799 shares on 2/15/2024Ownership: 0.165%Clayton Partners LLCSold 19,520 shares on 2/14/2024Ownership: 2.090%Privium Fund Management UK LtdBought 97,900 shares on 2/14/2024Ownership: 1.036%View All Insider TransactionsView All Institutional Transactions PTMN Stock Analysis - Frequently Asked Questions Should I buy or sell Portman Ridge Finance stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Portman Ridge Finance in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PTMN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PTMN, but not buy additional shares or sell existing shares. View PTMN analyst ratings or view top-rated stocks. What is Portman Ridge Finance's stock price target for 2024? 2 Wall Street analysts have issued twelve-month price objectives for Portman Ridge Finance's stock. Their PTMN share price targets range from $20.00 to $20.00. On average, they predict the company's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 4.3% from the stock's current price. View analysts price targets for PTMN or view top-rated stocks among Wall Street analysts. How have PTMN shares performed in 2024? Portman Ridge Finance's stock was trading at $18.19 on January 1st, 2024. Since then, PTMN stock has increased by 5.4% and is now trading at $19.18. View the best growth stocks for 2024 here. Are investors shorting Portman Ridge Finance? Portman Ridge Finance saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 27,200 shares, an increase of 61.9% from the March 15th total of 16,800 shares. Based on an average daily volume of 45,100 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the company's stock are short sold. View Portman Ridge Finance's Short Interest. When is Portman Ridge Finance's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our PTMN earnings forecast. How can I listen to Portman Ridge Finance's earnings call? Portman Ridge Finance will be holding an earnings conference call on Thursday, May 9th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Portman Ridge Finance's earnings last quarter? Portman Ridge Finance Co. (NASDAQ:PTMN) released its quarterly earnings data on Wednesday, March, 13th. The company reported $1.19 earnings per share for the quarter. The company had revenue of $17.79 million for the quarter, compared to analysts' expectations of $18.56 million. Portman Ridge Finance had a net margin of 14.91% and a trailing twelve-month return on equity of 16.02%. How often does Portman Ridge Finance pay dividends? What is the dividend yield for Portman Ridge Finance? Portman Ridge Finance announced a quarterly dividend on Wednesday, March 13th. Shareholders of record on Monday, March 25th will be given a dividend of $0.69 per share on Tuesday, April 2nd. This represents a $2.76 dividend on an annualized basis and a dividend yield of 14.39%. The ex-dividend date of this dividend is Friday, March 22nd. Read our dividend analysis for PTMN. Is Portman Ridge Finance a good dividend stock? Portman Ridge Finance (NASDAQ:PTMN) pays an annual dividend of $2.76 per share and currently has a dividend yield of 14.46%. PTMN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 230.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, PTMN will have a dividend payout ratio of 93.24% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for PTMN. What ETF holds Portman Ridge Finance's stock? Kingsbarn Dividend Opportunity ETF holds 2,034 shares of PTMN stock, representing 7.08% of its portfolio. When did Portman Ridge Finance's stock split? Portman Ridge Finance shares reverse split on Thursday, August 26th 2021. The 1-10 reverse split was announced on Thursday, August 26th 2021. The number of shares owned by shareholders was adjusted after the market closes on Thursday, August 26th 2021. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. What other stocks do shareholders of Portman Ridge Finance own? Based on aggregate information from My MarketBeat watchlists, some companies that other Portman Ridge Finance investors own include AGNC Investment (AGNC), Monroe Capital (MRCC), Anworth Mortgage Asset (ANH), Capital Product Partners (CPLP), New Residential Investment (NRZ), New York Mortgage Trust (NYMT), PennantPark Investment (PNNT), Prospect Capital (PSEC) and BlackRock TCP Capital (TCPC). Who are Portman Ridge Finance's major shareholders? Portman Ridge Finance's stock is owned by many different retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.63%). Insiders that own company stock include Master Fund Lp Repertoire, Patrick Schafer and Repertoire Partners Lp. View institutional ownership trends. How do I buy shares of Portman Ridge Finance? Shares of PTMN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:PTMN) was last updated on 4/20/2024 by MarketBeat.com Staff From Our PartnersThe “Perfect Storm” for GoldGold Safe ExchangeBiden’s $374B Giveaway Into This SectorDTISHOCKING Crypto Leak…Crypto 101 MediaYour Money is Not SafeAmerican AlternativeThe #1 Crypto for 2024InvestorPlaceDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsUrgent alert: open this for a huge profit potentialTimothy SykesTiny Biotech Stock Wins $75 Billion PatentBehind the Markets Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Portman Ridge Finance Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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