Positive News SentimentPositive NewsNASDAQ:PTMN Portman Ridge Finance (PTMN) Stock Price, News & Analysis → $25,000 into $109,616 in two months? (From WealthPress) (Ad) Free PTMN Stock Alerts $18.83 +0.13 (+0.70%) (As of 01:11 PM ET) Add Compare Share Share Today's Range$18.68▼$18.8850-Day Range$18.28▼$19.5052-Week Range$16.27▼$21.20Volume13,572 shsAverage Volume43,316 shsMarket Capitalization$175.87 millionP/E Ratio15.69Dividend Yield14.66%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/Downside6.1% Upside$20.00 Price TargetShort InterestHealthy0.18% 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.2.41 out of 5 starsFinance Sector692nd out of 858 stocksInvestors, Not Elsewhere Classified Industry3rd out of 15 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.00, Portman Ridge Finance has a forecasted upside of 6.1% from its current price of $18.85.Amount of Analyst CoveragePortman Ridge Finance has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.18% 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 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Portman Ridge Finance has recently decreased by 12.95%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipPortman Ridge Finance is a leading dividend payer. It pays a dividend yield of 14.81%, 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 4.4 News and Social Media Coverage News SentimentPortman Ridge Finance has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Portman Ridge Finance this week, compared to 0 articles on an average week.Search Interest4 people have searched for PTMN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows5 people have added Portman Ridge Finance to their MarketBeat watchlist in the last 30 days. This is an increase of 67% 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 15.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Portman Ridge Finance is 15.71, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.09.Price to Book Value per Share RatioPortman Ridge Finance has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. 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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 HeadlinesMarch 19, 2024 | americanbankingnews.comPortman Ridge Finance (NASDAQ:PTMN) Price Target Lowered to $20.00 at Keefe, Bruyette & WoodsMarch 19, 2024 | americanbankingnews.comPortman Ridge Finance (NASDAQ:PTMN) Receives "Market Perform" Rating from OppenheimerMarch 28, 2024 | Insiders Exposed (Ad)This consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.March 16, 2024 | finance.yahoo.comPortman Ridge Finance Corporation (NASDAQ:PTMN) Q4 2023 Earnings Call TranscriptMarch 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 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 12, 2024 | benzinga.comEarnings Outlook For Portman Ridge FinanceJanuary 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 tomorrowSee 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 Earnings11/04/2021Ex-Dividend for 4/2 Dividend3/22/2024Today3/28/2024Dividend Payable4/02/2024Next Earnings (Estimated)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+7.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.20 Trailing P/E Ratio15.58 Forward P/E Ratio6.54 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$12.74 million Price / Sales13.71 Cash Flow$3.07 per share Price / Cash Flow6.09 Book Value$22.60 per share Price / Book0.83Miscellaneous Outstanding Shares9,339,000Free Float9,134,000Market Cap$174.64 million OptionableOptionable Beta0.95 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.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 CompetitorsOFS CapitalNASDAQ:OFSLogan Ridge FinanceNASDAQ:LRFCInvestcorp Credit Management BDCNASDAQ:ICMBStellus Capital InvestmentNYSE:SCMTriplePoint Venture Growth BDCNYSE:TPVGView All CompetitorsInsiders & InstitutionsCitadel 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%Cape Investment Advisory Inc.Bought 3,382 shares on 2/12/2024Ownership: 0.036%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 research 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 research 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 equities research analysts have issued 1-year price targets for Portman Ridge Finance's stock. Their PTMN share price targets range from $20.00 to $20.00. On average, they expect the company's share price to reach $20.00 in the next year. This suggests a possible upside of 6.1% 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 at the beginning of 2024. Since then, PTMN shares have increased by 3.6% and is now trading at $18.85. View the best growth stocks for 2024 here. 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 were Portman Ridge Finance's earnings last quarter? Portman Ridge Finance Co. (NASDAQ:PTMN) posted its earnings results on Thursday, November, 4th. The company reported $1.00 earnings per share for the quarter, beating analysts' consensus estimates of $0.91 by $0.09. The company had revenue of $22.91 million for the quarter. Portman Ridge Finance had a trailing twelve-month return on equity of 16.02% and a net margin of 14.91%. During the same period last year, the business posted $0.60 EPS. 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. Stockholders of record on Monday, March 25th will be paid a dividend of $0.69 per share on Tuesday, April 2nd. This represents a $2.76 annualized dividend and a yield of 14.64%. The ex-dividend date 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 14.81%. 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. When did Portman Ridge Finance's stock split? Shares of Portman Ridge Finance 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 a number of retail and institutional investors. Top institutional shareholders include UBS Group AG (4.19%), Clayton Partners LLC (2.09%), Privium Fund Management UK Ltd (1.04%), International Assets Investment Management LLC (0.62%), International Assets Investment Management LLC (0.62%) and Melia Wealth LLC (0.60%). 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. 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