Portman Ridge Finance Corporation

PTMN

US73688F2011

Closed End Funds

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-10 pm EDT			5-day change	1st Jan Change
19.9 ^USD	+0.35%		+3.00%	+9.40%

May. 09	Transcript : Portman Ridge Finance Corporation, Q1 2024 Earnings Call, May 09, 2024
May. 08	Portman Ridge Finance Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Portman Ridge Finance Corporation Reports Earnings Results for the Full Year Ended December 31, 2021

March 10, 2022 at 05:21 pm EST

Portman Ridge Finance Corporation reported earnings results for the full year ended December 31, 2021. For the full year, the company reported revenue was USD 80.09 million compared to USD 42.76 million a year ago. Net income was USD 26.03 million compared to USD 31.57 million a year ago.

Basic earnings per share from continuing operations was USD 3.05 compared to USD 6.32 a year ago. Diluted earnings per share from continuing operations was USD 3.05 compared to USD 6.32 a year ago.

Latest news about Portman Ridge Finance Corporation

Transcript : Portman Ridge Finance Corporation, Q1 2024 Earnings Call, May 09, 2024	May. 09
Portman Ridge Finance Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 08	CI
Ladenburg Thalmann Adjusts Portman Ridge Finance's Price Target to $22 From $24, Maintains Buy Rating	Mar. 18	MT
Keefe Bruyette & Woods Adjusts Price Target on Portman Ridge Finance to $20 From $20.50, Maintains Market Perform Rating	Mar. 18	MT
Portman Ridge Finance Corporation Approves Quarterly Distribution, Payable on April 2, 2024	Mar. 14	CI
Transcript : Portman Ridge Finance Corporation, Q4 2023 Earnings Call, Mar 14, 2024	Mar. 14
Portman Ridge Finance Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 13	CI
Tranche Update on Portman Ridge Finance Corporation's Equity Buyback Plan announced on March 6, 2023.	Mar. 13	CI
Transcript : Portman Ridge Finance Corporation, Q3 2023 Earnings Call, Nov 09, 2023	Nov. 09
Portman Ridge Finance Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 08	CI
Tranche Update on Portman Ridge Finance Corporation's Equity Buyback Plan announced on March 6, 2023.	Nov. 08	CI
Tranche Update on Portman Ridge Finance Corporation's Equity Buyback Plan announced on March 6, 2023.	23-08-11	CI
Transcript : Portman Ridge Finance Corporation, Q2 2023 Earnings Call, Aug 10, 2023	23-08-10
Portman Ridge Finance Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-09	CI
Portman Ridge Finance Corporation Announces Resignation of Tricia Hazelwood as Member of the Board of Director	23-07-28	CI
Portman Ridge Finance Corporation Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-15	CI
Transcript : Portman Ridge Finance Corporation, Q1 2023 Earnings Call, May 11, 2023	23-05-11
Earnings Flash (PTMN) PORTMAN RIDGE FINANCE CORPORATION Posts Q1 EPS $0.89	23-05-10	MT
Tranche Update on Portman Ridge Finance Corporation's Equity Buyback Plan announced on March 6, 2023.	23-05-10	CI
Tranche Update on Portman Ridge Finance Corporation's Equity Buyback Plan announced on March 8, 2022.	23-05-10	CI
Portman Ridge Finance Corporation' Equity Buyback announced on March 8, 2022, has expired with 197,005 shares, for $4.48 million.	23-03-31	CI
Keefe, Bruyette & Woods Adjusts Price Target on Portman Ridge Finance to $21.50 From $23.50, Maintains Market Perform Rating	23-03-15	MT
Oppenheimer Adjusts Portman Ridge Finance Price Target to $21 From $23, Maintains Perform Rating	23-03-13	MT
Transcript : Portman Ridge Finance Corporation, Q4 2022 Earnings Call, Mar 10, 2023	23-03-10
Tranche Update on Portman Ridge Finance Corporation's Equity Buyback Plan announced on March 8, 2022.	23-03-10	CI

Chart Portman Ridge Finance Corporation

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Company Profile

Portman Ridge Finance Corporation (the Fund) is a non-diversified closed-end investment company. The Fundâs investment objective is to generate current income and, to a lesser extent, capital appreciation from the investments in senior secured term loans, mezzanine debt and selected equity investments in privately held middle market companies. The Fund primarily invests in first and second lien term loans. The Fund originates, structures and invests in secured term loans, bonds or notes and mezzanine debt primarily in privately held middle market companies but may also invest in other investments, such as loans to publicly traded companies, high-yield bonds and distressed debt securities (collectively, the Debt Securities Portfolio). The Fund also invests in debt and subordinated securities issued by collateralized loan obligation funds (CLO Fund Securities). The Fund's investment advisor is Sierra Crest Investment Management LLC and is an affiliate of BC Partners LLP.

Sector

Closed End Funds

Calendar

2024-06-25 - Annual General Meeting

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Ratings for Portman Ridge Finance Corporation

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

19.9 USD

Average target price

20.5 USD

Spread / Average Target

+3.02%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

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Closed End Funds