Portman Ridge Finance Corp
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $19.12
- Today's High:
- $19.45
- Open Price:
- $19.4
- 52W Low:
- $16.8299
- 52W High:
- $21.4844
- Prev. Close:
- $19.45
- Volume:
- 28862
Company Statistics
- Market Cap.:
- $185.98 million
- Book Value:
- 22.545
- Revenue TTM:
- $77.58 million
- Operating Margin TTM:
- 70.99%
- Gross Profit TTM:
- $69.61 million
- Profit Margin:
- -25.37%
- Return on Assets TTM:
- 5.69%
- Return on Equity TTM:
- -8.26%
Company Profile
Portman Ridge Finance Corp had its IPO on 2006-12-12 under the ticker symbol PTMN.
The company operates in the Financial Services sector and Asset Management industry. Portman Ridge Finance Corp has a staff strength of 0 employees.
Stock update
Shares of Portman Ridge Finance Corp opened at $19.4 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $19.12 - $19.45, and closed at $19.29.
This is a -0.82% slip from the previous day's closing price.
A total volume of 28,862 shares were traded at the close of the day’s session.
In the last one week, shares of Portman Ridge Finance Corp have slipped by -1.38%.
Portman Ridge Finance Corp's Key Ratios
Portman Ridge Finance Corp has a market cap of $185.98 million, indicating a price to book ratio of 0.8491 and a price to sales ratio of 3.1075.
In the last 12-months Portman Ridge Finance Corp’s revenue was $77.58 million with a gross profit of $69.61 million and an EBITDA of $0. The EBITDA ratio measures Portman Ridge Finance Corp's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Portman Ridge Finance Corp’s operating margin was 70.99% while its return on assets stood at 5.69% with a return of equity of -8.26%.
In Q2, Portman Ridge Finance Corp’s quarterly earnings growth was a negative -98.6% while revenue growth was a positive 30.5%.
Portman Ridge Finance Corp’s PE and PEG Ratio
- Forward PE
- 6.8823
- Trailing PE
- 0
- PEG
Its diluted EPS in the last 12-months stands at $-2.05 per share while it has a forward price to earnings multiple of 6.8823 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Portman Ridge Finance Corp’s profitability.
Portman Ridge Finance Corp stock is trading at a EV to sales ratio of 182.9918 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.1075.
Portman Ridge Finance Corp stock pays annual dividends of $2.73 per share, indicating a yield of 13.97% and a payout ratio of 1.74%.
Balance sheet and cash flow metrics
- Total Assets
- $557.24 million
- Total Liabilities
- $8.03 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $0
- Dividend Payout Ratio
- 1.74%
Portman Ridge Finance Corp ended 2024 with $557.24 million in total assets and $0 in total liabilities. Its intangible assets were valued at $557.24 million while shareholder equity stood at $215.01 million.
Portman Ridge Finance Corp ended 2024 with $0 in deferred long-term liabilities, $8.03 million in other current liabilities, 95000.00 in common stock, $-520890000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $20.25 million and cash and short-term investments were $20.25 million. The company’s total short-term debt was $77,059,000 while long-term debt stood at $252.58 million.
Portman Ridge Finance Corp’s total current assets stands at $25.50 million while long-term investments were $510.10 million and short-term investments were $510.10 million. Its net receivables were $8.90 million compared to accounts payable of $8.03 million and inventory worth $0.
In 2024, Portman Ridge Finance Corp's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, Portman Ridge Finance Corp paid $0.02 in dividends in 2024.
Other key metrics
- Current Trading Price
- $19.29
- 52-Week High
- $21.4844
- 52-Week Low
- $16.8299
- Analyst Target Price
- $23
Portman Ridge Finance Corp stock is currently trading at $19.29 per share. It touched a 52-week high of $21.4844 and a 52-week low of $21.4844. Analysts tracking the stock have a 12-month average target price of $23.
Its 50-day moving average was $19.69 and 200-day moving average was $19.66 The short ratio stood at 2.11 indicating a short percent outstanding of 0%.
Around 223.1% of the company’s stock are held by insiders while 3046% are held by institutions.
Frequently Asked Questions About Portman Ridge Finance Corp
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About
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.