NASDAQ:PTMN Portman Ridge Finance (PTMN) Stock Price, News & Analysis $19.58 +0.08 (+0.41%) (As of 08/21/2024 ET) Add Compare Share Share Today's Range$19.46▼$19.6950-Day Range$18.49▼$19.8652-Week Range$16.27▼$20.84Volume120,136 shsAverage Volume40,783 shsMarket Capitalization$182.21 millionP/E Ratio11.72Dividend Yield14.10%Price Target$20.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Portman Ridge Finance alerts: Email Address Portman Ridge Finance MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside2.1% Upside$20.00 Price TargetShort InterestHealthy0.24% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.95Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth6.25%From $2.72 to $2.89 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.1.51 out of 5 starsFinance Sector711th out of 863 stocksInvestors, Not Elsewhere Classified Industry5th out of 14 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 received no research coverage in the past 90 days.Read more about Portman Ridge Finance's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.24% 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 30.72%, 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 14.05%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPortman Ridge Finance does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Portman Ridge Finance is 165.27%. 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 95.50% in the coming year. This indicates that Portman Ridge Finance may not be able to sustain their current dividend.Read more about Portman Ridge Finance's 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 3.9 News and Social Media Coverage News SentimentPortman Ridge Finance has a news sentiment score of 0.95. 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 0.58 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Portman Ridge Finance this week, compared to 1 article on an average week.Search Interest10 people have searched for PTMN on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat Follows1 people have added Portman Ridge Finance to their MarketBeat watchlist in the last 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.Read more about Portman Ridge Finance's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Portman Ridge Finance are expected to grow by 6.25% in the coming year, from $2.72 to $2.89 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Portman Ridge Finance is 11.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.48.Price to Earnings Ratio vs. SectorThe P/E ratio of Portman Ridge Finance is 11.72, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 50.06.Price to Book Value per Share RatioPortman Ridge Finance has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Portman Ridge Finance's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Preserve GoldTrump is sounding the alarmEurope is one of the latest to release a central bank digital currency and along with it, new cash rules. Christine Lagarde, President of the European Central Bank, shared "Now we have in Europe this threshold, above 1,000 euros you cannot pay cash… if you get caught you are fined or you are going to jail". Are you prepared?Click here to get your complimentary retirement guide! 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 HeadlinesAugust 15, 2024 | finance.yahoo.comPTMN Aug 2024 25.000 put (PTMN240816P00025000)August 9, 2024 | seekingalpha.comPortman Ridge Finance Corporation (PTMN) Q2 2024 Earnings Call TranscriptAugust 22, 2024 | Crypto 101 Media (Ad)This Crypto Is Set to Explode in AugustWith thousands of cryptocurrencies out there, it's crucial to focus on the ONE that has the potential to make HUGE gains. Industry Giants are Investing Heavily in Blockchain Technology and THIS COIN is at the Heart of Their Strategy. It's a groundbreaking opportunity that could be poised for extraordinary gains. August 8, 2024 | globenewswire.comPortman Ridge Finance Corporation Announces Second Quarter 2024 Financial ResultsJuly 29, 2024 | markets.businessinsider.comPortman Ridge Finance Corporation Amends and Extends Its Senior Secured Revolving Credit FacilityJuly 29, 2024 | globenewswire.comPortman Ridge Finance Corporation Amends and Extends Its Senior Secured Revolving Credit FacilityJuly 28, 2024 | nz.finance.yahoo.comPortman Ridge Finance Corporation (KJ7A.F)July 8, 2024 | globenewswire.comPortman Ridge Finance Corporation Schedules Second Quarter 2024 Earnings Release and Conference CallAugust 22, 2024 | Crypto 101 Media (Ad)This Crypto Is Set to Explode in AugustWith thousands of cryptocurrencies out there, it's crucial to focus on the ONE that has the potential to make HUGE gains. Industry Giants are Investing Heavily in Blockchain Technology and THIS COIN is at the Heart of Their Strategy. It's a groundbreaking opportunity that could be poised for extraordinary gains. May 8, 2024 | investorplace.comPTMN Stock Earnings: Portman Ridge Finance Misses EPS, Misses Revenue for Q1 2024May 8, 2024 | globenewswire.comPortman Ridge Finance Corporation Announces First Quarter 2024 Financial ResultsMay 7, 2024 | markets.businessinsider.comPortman Ridge Finance is about to announce earnings — here's what Wall Street expectsApril 30, 2024 | wsj.comPortman Ridge Finance Corp.April 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 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 CorpSee 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 Ex-Dividend for 5/31 Dividend5/20/2024Dividend Payable5/31/2024Last Earnings8/08/2024Today8/22/2024Ex-Dividend for 8/30 Dividend8/22/2024Dividend Payable8/30/2024Next Earnings (Estimated)11/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Investors, not elsewhere classified Sub-IndustryFinancial Services Current SymbolNASDAQ:PTMN CUSIPN/A CIK1372807 Webwww.portmanridge.com Phone(212) 891-2880Fax212-983-7654Employees25Year 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+2.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.67 Trailing P/E Ratio11.72 Forward P/E Ratio7.20 P/E GrowthN/ANet Income$11.38 million Net Margins21.81% Pretax Margin44.78% Return on Equity15.21% Return on Assets5.96% Debt Debt-to-Equity Ratio1.37 Current Ratio1.70 Quick Ratio1.70 Sales & Book Value Annual Sales$13.37 million Price / Sales13.63 Cash Flow$3.06 per share Price / Cash Flow6.40 Book Value$22.60 per share Price / Book0.87Miscellaneous Outstanding Shares9,306,000Free Float9,101,000Market Cap$182.21 million OptionableOptionable Beta1.01 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Edward Joseph Goldthorpe (Age 47)Chairman, CEO & President Mr. Patrick Schafer (Age 39)Chief Investment Officer Mr. Brandon Satoren (Age 35)Chief Financial Officer, Secretary & Treasurer Mr. David Isaac Held J.D. (Age 53)Chief Compliance Officer Key CompetitorsPIMCO High Income FundNYSE:PHKNuveen Select Tax-Free Income PortfolioNYSE:NXPCION InvestmentNYSE:CIONBlackRock MuniHoldings New Jersey Quality FundNYSE:MUJJohn Hancock Financial Opportunities FundNYSE:BTOView All CompetitorsInsiders & InstitutionsClayton Partners LLCSold 111,159 shares on 8/13/2024Ownership: 0.455%Ritholtz Wealth ManagementBought 13,862 shares on 8/1/2024Ownership: 0.149%International Assets Investment Management LLCBought 2,997 shares on 7/30/2024Ownership: 0.032%Redhawk Wealth Advisors Inc.Bought 40,102 shares on 7/17/2024Ownership: 0.431%Confluence Investment Management LLCBought 1,075 shares on 7/1/2024Ownership: 0.641%View All Insider TransactionsView All Institutional Transactions PTMN Stock Analysis - Frequently Asked Questions How have PTMN shares performed this year? Portman Ridge Finance's stock was trading at $18.19 at the beginning of 2024. Since then, PTMN shares have increased by 7.6% and is now trading at $19.58. View the best growth stocks for 2024 here. How were Portman Ridge Finance's earnings last quarter? Portman Ridge Finance Co. (NASDAQ:PTMN) posted its quarterly earnings results on Thursday, August, 8th. The company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.01. The firm earned $16.34 million during the quarter, compared to analyst estimates of $16.68 million. Portman Ridge Finance had a net margin of 21.81% and a trailing twelve-month return on equity of 15.21%. When did Portman Ridge Finance's stock split? Shares of Portman Ridge Finance reverse split on the morning of 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 closing bell 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. Who are Portman Ridge Finance's major shareholders? Portman Ridge Finance's top institutional shareholders include Confluence Investment Management LLC (0.64%), Clayton Partners LLC (0.45%), Redhawk Wealth Advisors Inc. (0.43%) and Ritholtz Wealth Management (0.15%). Insiders that own company stock include Master Fund Lp Repertoire, Repertoire Partners Lp and Patrick Schafer. 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. What other stocks do shareholders of Portman Ridge Finance own? Based on aggregate information from My MarketBeat watchlists, some other companies that Portman Ridge Finance investors own include AGNC Investment (AGNC), Monroe Capital (MRCC), Anworth Mortgage Asset (ANH), Capital Product Partners (CPLP), New Residential Investment (NRZ) and New York Mortgage Trust (NYMT). This page (NASDAQ:PTMN) was last updated on 8/22/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment fo...Angel Publishing | SponsoredTrump is sounding the alarmEurope is one of the latest to release a central bank digital currency and along with it, new cash rules. Chri...Preserve Gold | SponsoredUS developing “superweapon” to defeat China and Russia?Our new superweapon is a gift to every patriot. 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