Portman Ridge Finance Corporation (PTMN)

Portman Ridge Finance Corporation (PTMN) — Recent Articles & Press Releases:

Fri, Apr 12, 8:30 AM:
Portman Ridge Finance Corporation Schedules First Quarter 2024 Earnings Release and Conference Call
Wed, Mar 13, 4:25 PM:
Portman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial Results
Wed, Jan 17, 4:05 PM:
Portman Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Release and ...
Tue, Dec 5, 10:27 AM:
Sidoti Events, LLC's Virtual December Small-Cap Conference
Wed, Nov 8, 4:17 PM:
Portman Ridge Finance Corporation Announces Third Quarter 2023 Financial Results
Wed, Oct 18, 4:05 PM:
Portman Ridge Finance Corporation Schedules Third Quarter 2023 Earnings Release and Conference Call
Wed, Aug 9, 4:21 PM:
Portman Ridge Finance Corporation Announces Second Quarter 2023 Financial Results
Thu, Jul 13, 4:05 PM:
Portman Ridge Finance Corporation Schedules Second Quarter 2023 Earnings Release and Conference Call
Thu, Jun 1, 4:07 PM:
Portman Ridge Finance Corporation to Present at the LD Micro Invitational Conference on June 6
Wed, May 10, 4:13 PM:
Portman Ridge Finance Corporation Announces First Quarter 2023 Financial Results
Mon, Apr 17, 5:13 PM:
Portman Ridge Finance Corporation Schedules First Quarter 2023 Earnings Release and Conference Call
Thu, Mar 23, 6:07 PM:
Portman Ridge Finance Corporation Resumes Share Repurchases Under a New 10b5-1 Stock Trading Plan
Thu, Mar 9, 6:24 PM:
Portman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2022 Financial Results
Thu, Feb 9, 4:05 PM:
Portman Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2022 Earnings Release and ...
Thu, Dec 1, 6:13 PM:
Portman Ridge Finance Corporation Resumes Share Repurchases Under 10b5-1 Stock Trading Plan
Tue, Nov 8, 4:19 PM:
Portman Ridge Finance Corporation Announces Third Quarter 2022 Financial Results
Mon, Oct 24, 8:09 AM:
Portman Ridge Finance Corporation Schedules Third Quarter 2022 Earnings Release and Conference Call
Tue, Sep 20, 5:23 PM:
Portman Ridge Finance Corporation to Present at the Sidoti Small Cap Virtual Conference on September 21st
Tue, Sep 20, 2:51 PM:
Sidoti's September Small-Cap Virtual Conference
Tue, Aug 9, 4:36 PM:
Portman Ridge Finance Corporation Announces Second Quarter 2022 Financial Results
Wed, Jul 20, 8:30 AM:
Portman Ridge Finance Corporation Schedules Second Quarter 2022 Earnings Release and Conference Call
Mon, Jun 6, 8:00 AM:
Portman Ridge Finance Corporation to Present at the LD Micro Invitational Conference on June 7
Tue, May 10, 7:01 PM:
Portman Ridge Finance Corporation Announces First Quarter 2022 Financial Results
Tue, Apr 12, 9:00 AM:
Portman Ridge Finance Corporation Schedules First Quarter 2022 Earnings Release and Conference Call
Mon, Mar 21, 8:00 AM:
Portman Ridge Finance Corporation Resumes Share Repurchase Under a New 10b5-1 Stock Trading Plan
Thu, Mar 10, 6:06 PM:
Portman Ridge Finance Corporation Announces Full Year 2021 Financial Results
Thu, Mar 3, 4:05 PM:
Portman Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2021 Earnings Release and ...
Tue, Jan 18, 4:10 PM:
Portman Ridge Finance Corporation to Present at the Sidoti Virtual Small Cap Conference
Tue, Jan 18, 7:31 AM:
Sidoti Winter Virtual Small Cap Investor Conference

Portman Ridge Finance Corporation (PTMN) — Key Stats & Information:

PTMN — Current Quote
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PTMN — Price Chart
PTMN — Performance
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PTMN — vs. Other BDCs By Yield
RankBDCYield   
#1  TPVG 16.75%  
#2  ICMB 14.77%  
#3  OFS 14.38%  
#4  PTMN 14.12%  
#5  MRCC 13.66%  
#6  PSEC 13.66%  
#7  GECC 13.49%  
#8  TCPC 13.48%  
#9  TRIN 13.44%  
• • •   
PTMN — Current Snapshot
Current Stock Price:
(Data delayed 20 minutes)		 $19.55
Most Recent NAV/Share:
(As of 12/31/2023)		 $22.76
Current Price/NAV: .86x
Annualized Regular Dividend: $2.76
Annualized Current Yield: 14.12%
PTMN — TTM Snapshot
TTM = Trailing Twelve Months
  3/31/2023 6/30/2023 9/30/2023 12/31/2023
NAV/Share: $23.56 $22.54 $22.65 $22.76
Debt/Equity: 1.39 1.37 1.33 1.19
NOI/Share: $0.89 $0.83 $0.75 $1.19
EPS/Share: $0.01 $-0.33 $0.78 $0.74
Sum of TTM NOI/Share
(Or NII/share where applicable)		 $3.66
TTM NOI Yield:
(As percentage of current $19.55 price)		 18.72%
Sum of TTM EPS/Share
 $1.20
TTM EPS Yield:
(As percentage of current $19.55 price)		 6.14%
Sum of TTM Regular Dividends $2.76
TTM Dividend Yield:
(As percentage of current $19.55 price)		 14.12%
PTMN — Snapshot At 12/31/2023
% Senior Debt % Sub Debt % Equity % Other
73% 23% 4% 0%
Stock Price @ Quarter End:
(Closest close to 12/31/2023)		 $18.19
NAV/Share: $22.76
Price/NAV: .80x
Shares Outstanding: 9.38M
Market Cap: 170.68M
Investments at Cost: 540.28M
Investments at Fair Value: 467.87M
Difference: -72.42M
Net Asset Value: 213.56M
Leverage 254.30M
Debt:Equity Ratio 1.19:1
Realized Gains/Losses:
(During quarter)		 -15.57M
Unrealized Gains/Losses:
(During quarter)		 11.75M
Non-Accruals at Cost: 3.2%
Non-Accruals at Fair Value: 1.3%
Net Operating Income / Share
(Or Net Investment Income where applicable)		 $1.19
EPS/Share $0.74
Regular Dividends/Share $0.69
Regular Dividend Yield (Annualized)
(Against quarter-end $18.19 stock price)		 15.17%
Although best efforts are made to minimize errors, there is no guarantee this data is free of error and therefore it should not be relied upon for investment decisions. See full disclaimer.
Management Fee Structure
Base Management Fee: 1.5%
Fees Paid on Cash?: No
NOI Incentive Fee: 17.5%
Annual Hurdle Rate: 7%
Capital Gains Fee: 17.5%
Incentive Catch-Up Provision: No
Total Return Hurdle: No
Fees on Non-Cash Income: Yes
For more information see PTMN SEC filings.
PTMN — vs. Other BDCs By Price/NAV
RankBDCPrice/NAV   
• • •   
#30  PNNT 0.93x  
#31  FCRD 0.88x  
#32  CCAP 0.87x  
#33  SAR 0.87x  
#34  PTMN 0.86x  
#35  SLRC 0.86x  
#36  BKCC 0.85x  
#37  TCPC 0.85x  
#38  BBDC 0.83x  
• • •   
PTMN — NAV/Share History
Mouse over chart for data details
12/31
2006		 ...12/31
2023
PTMN — Price/NAV History
Mouse over chart for data details
3/31
2007		 ...12/31
2023
 Avg: .81x
PTMN — Dividend History
Mouse over chart for data details
12/31
2006		 ...12/31
2023
PTMN — Yield History
(regular quarterly amount annualized)
Mouse over chart for data details
12/31
2006		 ...12/31
2023
 Avg: 13.31%
PTMN — Debt:Equity Ratio History
Mouse over chart for data details
12/31
2006		 ...12/31
2023
 Avg: .19:1
PTMN — NOI/Share History
(or NII/share when applicable)
Mouse over chart for data details
12/31
2006		 ...12/31
2023
PTMN — vs. Others By 1Yr NAV/Sh Change
RankBDC1Yr NAV/Sh Change  
• • •   
#32  WHF -4.69% 
#33  LRFC -4.85% 
#34  RWAY -5.06% 
#35  SCM -5.42% 
#36  PTMN -6.07% 
#37  TCPC -7.97% 
#38  OXSQ -8.27% 
#39  MRCC -9.53% 
#40  OFS -10.24% 
• • •   
 

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