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Portman Ridge Finance Corporation PTMN

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Price alert · PTMN

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12.27 0.00 0.00%

At close · Aug 22

12.20 Day range 12.47
16.21 52-week range 20.84
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

Chart tools
Interval

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)
NameDateAgo
SMA: BullishJun 18, 20251 year ago
MACD: Buy SignalJun 17, 20251 year ago
MACD: Sell SignalJun 13, 20251 year ago
MACD: Buy SignalJun 12, 20251 year ago
MACD: Sell SignalJun 5, 20251 year ago
RSI: OversoldApr 23, 20251 year ago
MACD: Buy SignalApr 21, 20251 year ago
RSI: OversoldMar 21, 20251 year ago
RSI: OversoldMar 14, 20251 year ago
SMA: BearishMar 13, 20251 year ago
SMA: BullishMar 12, 20251 year ago
SMA: BearishMar 11, 20251 year ago
SMA: BullishMar 5, 20251 year ago
SMA: BearishMar 4, 20251 year ago
MACD: Sell SignalFeb 26, 20251 year ago
SMA: BullishJan 30, 20251 year ago
RSI: OversoldDec 18, 20241 year ago
MACD: Buy SignalDec 11, 20241 year ago
RSI: OversoldDec 3, 20241 year ago
RSI: OversoldNov 20, 20241 year ago
SMA: BearishNov 8, 20241 year ago
MACD: Sell SignalNov 8, 20241 year ago
SMA: BullishOct 29, 20242 years ago
SMA: BearishOct 23, 20242 years ago
SMA: BullishOct 22, 20242 years ago
MACD: Buy SignalSep 16, 20242 years ago
MACD: Sell SignalAug 23, 20242 years ago
SMA: BearishAug 22, 20242 years ago
SMA: BearishAug 22, 20242 years ago
SMA: BullishAug 19, 20242 years ago
MACD: Buy SignalAug 19, 20242 years ago
SMA: BullishAug 12, 20242 years ago
SMA: BearishAug 9, 20242 years ago
SMA: BullishAug 6, 20242 years ago
SMA: BearishAug 5, 20242 years ago
RSI: OversoldAug 5, 20242 years ago
SMA: BearishAug 2, 20242 years ago
MACD: Sell SignalAug 2, 20242 years ago
SMA: BullishJul 22, 20242 years ago
SMA: BearishJul 19, 20242 years ago
SMA: BullishJul 15, 20242 years ago
SMA: BearishJul 12, 20242 years ago
SMA: BullishJul 9, 20242 years ago
SMA: BearishJul 8, 20242 years ago
SMA: BullishJul 3, 20242 years ago
SMA: BearishJul 1, 20242 years ago
SMA: BullishJun 28, 20242 years ago
MACD: Buy SignalJun 28, 20242 years ago
SMA: BearishJun 10, 20242 years ago
SMA: BullishJun 4, 20242 years ago
SMA: BearishJun 3, 20242 years ago
MACD: Sell SignalMay 21, 20242 years ago
RSI: OverboughtMay 17, 20242 years ago
MACD: Buy SignalMay 9, 20242 years ago
MACD: Sell SignalMay 8, 20242 years ago
MACD: Buy SignalMay 6, 20242 years ago
MACD: Sell SignalMay 1, 20242 years ago
MACD: Buy SignalApr 23, 20242 years ago
MACD: Sell SignalApr 15, 20242 years ago
MACD: Buy SignalApr 4, 20242 years ago
SMA: BullishMar 28, 20242 years ago
MACD: Sell SignalMar 25, 20242 years ago
SMA: BearishMar 22, 20242 years ago
MACD: Buy SignalMar 7, 20242 years ago
SMA: BullishMar 6, 20242 years ago
SMA: BearishMar 5, 20242 years ago
SMA: BearishFeb 29, 20242 years ago
MACD: Sell SignalJan 29, 20242 years ago
MACD: Buy SignalJan 23, 20242 years ago
MACD: Sell SignalJan 18, 20242 years ago
RSI: OverboughtJan 10, 20242 years ago
RSI: OverboughtJan 8, 20242 years ago
RSI: OverboughtJan 3, 20242 years ago
RSI: OverboughtDec 20, 20232 years ago
SMA: BullishDec 19, 20232 years ago
MACD: Buy SignalNov 6, 20232 years ago
RSI: OversoldOct 23, 20233 years ago
MACD: Sell SignalOct 12, 20233 years ago
MACD: Buy SignalOct 6, 20233 years ago
MACD: Sell SignalOct 3, 20233 years ago
MACD: Buy SignalSep 19, 20233 years ago
RSI: OversoldAug 28, 20233 years ago
RSI: OversoldAug 24, 20233 years ago
RSI: OversoldAug 22, 20233 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

Price target (mean) 18.33 +49.4% upside
Target (low)
18.00
Target (mean)
18.33
Target (high)
19.00
Ratings (0m) 3 1 buy · 2 hold · 0 sell
  • Strong buy0
  • Buy1
  • Hold2
  • Sell0
  • Strong sell0

Next earnings

Consensus EPS estimate 0.64667.

Earnings history

Financials — quick view

All financials
PTMN Revenue — quarterly 12.63M
2021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 2025
PTMN Net income — quarterly -4.52M
2021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 2025
PTMN EPS — quarterly -0.49
2021-Q3 20212021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 2025

Earnings

PTMN recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 7, 2024Sep 1, 20240.700.63-0.07-10.00%
Aug 8, 2024Jun 1, 20240.690.70+0.01+1.45%
May 8, 2024Mar 1, 20240.740.67-0.07-9.46%
Mar 13, 2024Dec 1, 20230.001.19——
Nov 8, 2023Sep 1, 20230.800.75-0.05-6.25%
Aug 9, 2023Jun 1, 20230.840.83-0.01-1.19%

Upgrades / downgrades

PTMN analyst upgrades and downgrades
DateFirmActionFromTo
Nov 14, 2024Keefe, Bruyette & WoodsmainMarket PerformMarket Perform
Mar 18, 2024Keefe, Bruyette & WoodsmainMarket PerformMarket Perform
Mar 15, 2024OppenheimermainPerformPerform
Mar 15, 2023Keefe, Bruyette & Woodsmain—Market Perform
Jul 6, 2022Oppenheimerinit—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

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Insider holders

PTMN insider holders
InsiderRelationLatest transactionDateShares held
REPERTOIRE MASTER FUND LPBeneficial Owner of more than 10% of a Class of SecuritySaleOct 8, 20230
REPERTOIRE PARTNERS LPBeneficial Owner of more than 10% of a Class of SecuritySaleNov 15, 20230

Institution ownership

PTMN institution ownership
Holder% heldSharesValueReported
Punch & Associates Investment Management, Inc.2.29%211,1393.46MSep 29, 2024
Repertoire Partners LP2.17%200,0003.28MSep 29, 2024
Two Sigma Advisers, LP1.39%127,7002.09MSep 29, 2024
Raymond James & Associates, Inc.1.13%104,1531.71MSep 29, 2024
Advisors Asset Management, Inc.0.93%86,0551.41MSep 29, 2024
Bulldog Investors, LLC0.92%84,9161.39MSep 29, 2024

Fund ownership

PTMN fund ownership
Holder% heldSharesValueReported
High Income Securities Fund1.43%131,6302.16MAug 30, 2024
Special Opportunities Fd0.89%82,2171.35MSep 29, 2024
First Trust Gallatin Specialty Finance & Financial Opportunities Fund0.48%44,000721.60KAug 30, 2024
Alternative Credit Income Fund0.28%25,504418.26KSep 29, 2024
ETFis Ser Tr I-Virtus Private Credit Strategy ETF0.25%23,142379.53KJul 30, 2024
Bridgeway Funds Inc-Ultra Small Company Fund0.12%11,300185.32KSep 29, 2024
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