PennantPark Floating Rate Capital Ltd. (PFLT) stock, explained like you're 5

Is PennantPark Floating Rate Capital Ltd. a small, medium or large cap company?

No. PennantPark Floating Rate Capital Ltd. is a small cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 663 million dollars.

Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.

How PennantPark Floating Rate Capital Ltd. makes money

• Interest earned on loans minus interest paid on deposits.
• Fees for payments, advice, trading and insurance.
• Investment returns on the money they manage.

What moves PFLT stock

• Interest rates and the health of the economy.
• How many borrowers fail to repay loans.
• Rules from regulators and market activity.

In the news lately

• PennantPark Floating Rate Capital Ltd. (NYSE:PFLT) Stock Has Consensus Target Price of $9.80 (MarketBeat)
• Down 54% From Its All Time High, This Ultra High Yield Dividend Stock Under $30 Is a Screaming Buy Right Now (Yahoo Finance)
• The results call is set for Nov. 24, the morning after PennantPark reports. (Stock Titan)
• The Technical Signals Behind (PFLT) That Institutions Follow (Stock Traders Daily)
• PFLT Forecast Price Target Prediction for 2027 (TradingView)

Key terms to know before you follow PFLT

• Market cap
• P/E ratio
• EPS (earnings per share)
• Earnings report
• Dividend yield