Portman Ridge Finance Corporation PTMN
Set alert
At close · Aug 22
- YTD
- -24.91%
- 1 year
- -33.68%
- Open
- 12.30
- Prev close
- 12.27
- Mkt cap
- 150.90M
- Vol
- 53.28K
- Avg vol
- 54.81K
- EPS
- 0.37
- P/E
- 44.32
- Div yield
- 16.92%
More statistics
- Low
- 12.20
- High
- 12.47
- Forward P/E
- 5.90
- Beta
- 0.97
- Short ratio
- 0.48
- Inst. own
- 18.00%
- Dividend
- 2.76
- Ex-div date
- Nov 18, 2024
- 50-d avg
- 17.58
- 200-d avg
- 18.75
- 1y target
- 18.33
2Y chart
Events in this range
- Aug 9, 2023Earnings: 0.83; estimate 0.84; surprise -1.19%
- Aug 21, 2023Dividend: 0.69
- Nov 8, 2023Earnings: 0.75; estimate 0.8; surprise -6.25%
- Nov 17, 2023Dividend: 0.69
- Mar 13, 2024Earnings: 1.19; estimate 0; surprise —%
- Mar 15, 2024Rating: Oppenheimer · Perform → Perform
- Mar 18, 2024Rating: Keefe, Bruyette & Woods · Market Perform → Market Perform
- Mar 22, 2024Dividend: 0.69
- May 8, 2024Earnings: 0.67; estimate 0.74; surprise -9.46%
- May 20, 2024Dividend: 0.69
- Aug 8, 2024Earnings: 0.7; estimate 0.69; surprise 1.45%
- Aug 22, 2024Dividend: 0.69
- Nov 7, 2024Earnings: 0.63; estimate 0.7; surprise -10%
- Nov 14, 2024Rating: Keefe, Bruyette & Woods · Market Perform → Market Perform
- Nov 19, 2024Dividend: 0.69
- Mar 24, 2025Dividend: 0.54
- May 19, 2025Dividend: 0.47
Signals (84)
| Name | Date | Ago |
|---|---|---|
| SMA: Bullish | Jun 18, 2025 | 1 year ago |
| MACD: Buy Signal | Jun 17, 2025 | 1 year ago |
| MACD: Sell Signal | Jun 13, 2025 | 1 year ago |
| MACD: Buy Signal | Jun 12, 2025 | 1 year ago |
| MACD: Sell Signal | Jun 5, 2025 | 1 year ago |
| RSI: Oversold | Apr 23, 2025 | 1 year ago |
| MACD: Buy Signal | Apr 21, 2025 | 1 year ago |
| RSI: Oversold | Mar 21, 2025 | 1 year ago |
| RSI: Oversold | Mar 14, 2025 | 1 year ago |
| SMA: Bearish | Mar 13, 2025 | 1 year ago |
| SMA: Bullish | Mar 12, 2025 | 1 year ago |
| SMA: Bearish | Mar 11, 2025 | 1 year ago |
| SMA: Bullish | Mar 5, 2025 | 1 year ago |
| SMA: Bearish | Mar 4, 2025 | 1 year ago |
| MACD: Sell Signal | Feb 26, 2025 | 1 year ago |
| SMA: Bullish | Jan 30, 2025 | 1 year ago |
| RSI: Oversold | Dec 18, 2024 | 1 year ago |
| MACD: Buy Signal | Dec 11, 2024 | 1 year ago |
| RSI: Oversold | Dec 3, 2024 | 1 year ago |
| RSI: Oversold | Nov 20, 2024 | 1 year ago |
| SMA: Bearish | Nov 8, 2024 | 1 year ago |
| MACD: Sell Signal | Nov 8, 2024 | 1 year ago |
| SMA: Bullish | Oct 29, 2024 | 2 years ago |
| SMA: Bearish | Oct 23, 2024 | 2 years ago |
| SMA: Bullish | Oct 22, 2024 | 2 years ago |
| MACD: Buy Signal | Sep 16, 2024 | 2 years ago |
| MACD: Sell Signal | Aug 23, 2024 | 2 years ago |
| SMA: Bearish | Aug 22, 2024 | 2 years ago |
| SMA: Bearish | Aug 22, 2024 | 2 years ago |
| SMA: Bullish | Aug 19, 2024 | 2 years ago |
| MACD: Buy Signal | Aug 19, 2024 | 2 years ago |
| SMA: Bullish | Aug 12, 2024 | 2 years ago |
| SMA: Bearish | Aug 9, 2024 | 2 years ago |
| SMA: Bullish | Aug 6, 2024 | 2 years ago |
| SMA: Bearish | Aug 5, 2024 | 2 years ago |
| RSI: Oversold | Aug 5, 2024 | 2 years ago |
| SMA: Bearish | Aug 2, 2024 | 2 years ago |
| MACD: Sell Signal | Aug 2, 2024 | 2 years ago |
| SMA: Bullish | Jul 22, 2024 | 2 years ago |
| SMA: Bearish | Jul 19, 2024 | 2 years ago |
| SMA: Bullish | Jul 15, 2024 | 2 years ago |
| SMA: Bearish | Jul 12, 2024 | 2 years ago |
| SMA: Bullish | Jul 9, 2024 | 2 years ago |
| SMA: Bearish | Jul 8, 2024 | 2 years ago |
| SMA: Bullish | Jul 3, 2024 | 2 years ago |
| SMA: Bearish | Jul 1, 2024 | 2 years ago |
| SMA: Bullish | Jun 28, 2024 | 2 years ago |
| MACD: Buy Signal | Jun 28, 2024 | 2 years ago |
| SMA: Bearish | Jun 10, 2024 | 2 years ago |
| SMA: Bullish | Jun 4, 2024 | 2 years ago |
| SMA: Bearish | Jun 3, 2024 | 2 years ago |
| MACD: Sell Signal | May 21, 2024 | 2 years ago |
| RSI: Overbought | May 17, 2024 | 2 years ago |
| MACD: Buy Signal | May 9, 2024 | 2 years ago |
| MACD: Sell Signal | May 8, 2024 | 2 years ago |
| MACD: Buy Signal | May 6, 2024 | 2 years ago |
| MACD: Sell Signal | May 1, 2024 | 2 years ago |
| MACD: Buy Signal | Apr 23, 2024 | 2 years ago |
| MACD: Sell Signal | Apr 15, 2024 | 2 years ago |
| MACD: Buy Signal | Apr 4, 2024 | 2 years ago |
| SMA: Bullish | Mar 28, 2024 | 2 years ago |
| MACD: Sell Signal | Mar 25, 2024 | 2 years ago |
| SMA: Bearish | Mar 22, 2024 | 2 years ago |
| MACD: Buy Signal | Mar 7, 2024 | 2 years ago |
| SMA: Bullish | Mar 6, 2024 | 2 years ago |
| SMA: Bearish | Mar 5, 2024 | 2 years ago |
| SMA: Bearish | Feb 29, 2024 | 2 years ago |
| MACD: Sell Signal | Jan 29, 2024 | 2 years ago |
| MACD: Buy Signal | Jan 23, 2024 | 2 years ago |
| MACD: Sell Signal | Jan 18, 2024 | 2 years ago |
| RSI: Overbought | Jan 10, 2024 | 2 years ago |
| RSI: Overbought | Jan 8, 2024 | 2 years ago |
| RSI: Overbought | Jan 3, 2024 | 2 years ago |
| RSI: Overbought | Dec 20, 2023 | 2 years ago |
| SMA: Bullish | Dec 19, 2023 | 2 years ago |
| MACD: Buy Signal | Nov 6, 2023 | 2 years ago |
| RSI: Oversold | Oct 23, 2023 | 3 years ago |
| MACD: Sell Signal | Oct 12, 2023 | 3 years ago |
| MACD: Buy Signal | Oct 6, 2023 | 3 years ago |
| MACD: Sell Signal | Oct 3, 2023 | 3 years ago |
| MACD: Buy Signal | Sep 19, 2023 | 3 years ago |
| RSI: Oversold | Aug 28, 2023 | 3 years ago |
| RSI: Oversold | Aug 24, 2023 | 3 years ago |
| RSI: Oversold | Aug 22, 2023 | 3 years ago |
Key statistics
- Market cap
- 150.90M
- Enterprise value
- 401.81M
- Trailing P/E
- 44.32
- Forward P/E
- 5.90
- PEG ratio
- 0.00
- Price / sales
- 2.29
- Price / book
- 0.81
- EPS (TTM)
- 0.37
- Beta
- 0.97
- Dividend yield
- 16.92%
- Payout ratio
- 745.95%
- Profit margin
- 5.47%
- Revenue (TTM)
- 65.83M
- Revenue growth
- -18.30%
- Free cash flow
- 21.67M
- Total cash
- 13.74M
- Total debt
- 264.92M
- Return on equity
- 1.79%
- Shares outstanding
- 9.20M
- Short % of float
- 0.38%
- 50-day average
- 17.58
- 200-day average
- 18.75
Analyst view
Consensus: none
- Target (low)
- 18.00
- Target (mean)
- 18.33
- Target (high)
- 19.00
- Strong buy0
- Buy1
- Hold2
- Sell0
- Strong sell0
Next earnings
Consensus EPS estimate 0.64667.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 7, 2024 | Sep 1, 2024 | 0.70 | 0.63 | -0.07 | -10.00% |
| Aug 8, 2024 | Jun 1, 2024 | 0.69 | 0.70 | +0.01 | +1.45% |
| May 8, 2024 | Mar 1, 2024 | 0.74 | 0.67 | -0.07 | -9.46% |
| Mar 13, 2024 | Dec 1, 2023 | 0.00 | 1.19 | — | — |
| Nov 8, 2023 | Sep 1, 2023 | 0.80 | 0.75 | -0.05 | -6.25% |
| Aug 9, 2023 | Jun 1, 2023 | 0.84 | 0.83 | -0.01 | -1.19% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Nov 14, 2024 | Keefe, Bruyette & Woods | main | Market Perform | Market Perform |
| Mar 18, 2024 | Keefe, Bruyette & Woods | main | Market Perform | Market Perform |
| Mar 15, 2024 | Oppenheimer | main | Perform | Perform |
| Mar 15, 2023 | Keefe, Bruyette & Woods | main | — | Market Perform |
| Jul 6, 2022 | Oppenheimer | init | — | Perform |
About Portman Ridge Finance Corporation
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.
- Sector
- Financial Services
- Industry
- Asset Management
- Country
- United States
- Website
- portmanridge.com
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| REPERTOIRE MASTER FUND LP | Beneficial Owner of more than 10% of a Class of Security | Sale | Oct 8, 2023 | 0 |
| REPERTOIRE PARTNERS LP | Beneficial Owner of more than 10% of a Class of Security | Sale | Nov 15, 2023 | 0 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Punch & Associates Investment Management, Inc. | 2.29% | 211,139 | 3.46M | Sep 29, 2024 |
| Repertoire Partners LP | 2.17% | 200,000 | 3.28M | Sep 29, 2024 |
| Two Sigma Advisers, LP | 1.39% | 127,700 | 2.09M | Sep 29, 2024 |
| Raymond James & Associates, Inc. | 1.13% | 104,153 | 1.71M | Sep 29, 2024 |
| Advisors Asset Management, Inc. | 0.93% | 86,055 | 1.41M | Sep 29, 2024 |
| Bulldog Investors, LLC | 0.92% | 84,916 | 1.39M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| High Income Securities Fund | 1.43% | 131,630 | 2.16M | Aug 30, 2024 |
| Special Opportunities Fd | 0.89% | 82,217 | 1.35M | Sep 29, 2024 |
| First Trust Gallatin Specialty Finance & Financial Opportunities Fund | 0.48% | 44,000 | 721.60K | Aug 30, 2024 |
| Alternative Credit Income Fund | 0.28% | 25,504 | 418.26K | Sep 29, 2024 |
| ETFis Ser Tr I-Virtus Private Credit Strategy ETF | 0.25% | 23,142 | 379.53K | Jul 30, 2024 |
| Bridgeway Funds Inc-Ultra Small Company Fund | 0.12% | 11,300 | 185.32K | Sep 29, 2024 |