PennantPark Floating Rate Capital Ltd Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
-6.1%projected annual EPS growth
Analyst Coverage
5analysts covering
FY EPS (est.)
$1.07next fiscal year
Monitoring Framework
Key Performance Indicators
Net Asset Value (NAV) per Share Quarterly10.5Target: Stabilization above $10.50
Net Investment Income (NII) per Share Quarterly0.3
Debt-to-Equity Leverage Ratio Quarterly1.6xTarget: 1.4x - 1.6x
Non-Accrual Rate (at Cost) Quarterly50.0%Target: Below 1.0%
Watch Items
- PSSL II Joint Venture ScalingTrigger: Assets under management failing to scale toward $1 billion target over 12-18 monthsAction: Re-evaluate capital allocation strategy and leverage limits on the consolidated balance sheet.
- Dividend Coverage GapTrigger: Core NII consistently below the newly established monthly base dividend of $0.08 per shareAction: Review the variable supplemental dividend framework and assess potential further adjustments to the base distribution.
- Portfolio Yield CompressionTrigger: Weighted average yield on debt investments falling below 9.5%Action: Rotate capital into higher-spread middle-market loan originations and optimize funding costs.
Research as of 19 Jun 2026