Chicago Atlantic BDC (LIEN) vs PennantPark Investment (PNNT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Chicago Atlantic BDC (LIEN) has outperformed PennantPark Investment (PNNT) over the past year, losing 14.2% versus a loss of 50.8%. Chicago Atlantic BDC is the larger company by market cap ($207.7 million vs $207.6 million), about 1.0 times the size. On valuation, Chicago Atlantic BDC trades at a lower forward P/E (5.5x vs 5.7x for PennantPark Investment).
PennantPark Investment offers the higher dividend yield (25.16% vs 14.95%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | LIEN | PNNT |
|---|---|---|
| Share price | $9.10 | $3.18 |
| Market cap | $207.67M | $207.64M |
| 1-day change | -3.91% | -0.93% |
| YTD return | -11.91% | -46.64% |
| 1-year return | -14.15% | -50.77% |
| 5-year return | — | -52.89% |
| P/E ratio (TTM) | 6.55 | 21.20 |
| Forward P/E | 5.55 | 5.70 |
| EPS (TTM) | $1.39 | $0.15 |
| Dividend yield | 14.95% | 25.16% |
| Annual dividend | $1.36 | $0.80 |
| 52-week high | $11.27 | $6.67 |
| 52-week low | $8.92 | $3.15 |
| Distance from 52-week high | -19.25% | -52.32% |
| Analyst consensus | none | none |
| Avg. price target upside | +20.88% | +49.37% |
| Average volume | 57.30K | 554.63K |
| Shares outstanding | 22.82M | 65.30M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- LIEN has outperformed PNNT by 36.6 percentage points over the past year.
- PennantPark Investment trades at a higher earnings multiple (21.2x vs 6.5x trailing P/E).
- PennantPark Investment offers a meaningfully higher dividend yield (25.16% vs 14.95%).
About Chicago Atlantic BDC
LIEN stock →Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies.
Financial Services · Asset Management
About PennantPark Investment
PNNT stock →PennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments.
Financial Services · Asset Management
LIEN vs PNNT FAQ
Which is bigger, Chicago Atlantic BDC or PennantPark Investment?
Chicago Atlantic BDC (LIEN) is larger, with a market capitalization of $207.67M compared with $207.64M for PennantPark Investment (PNNT).
Which stock has performed better over the past year, LIEN or PNNT?
LIEN returned -14.15% over the past 12 months, compared with -50.77% for PNNT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, LIEN or PNNT?
LIEN has the lower trailing P/E at 6.5, versus 21.2 for PNNT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Chicago Atlantic BDC or PennantPark Investment?
PennantPark Investment has the higher yield at 25.16%, compared with 14.95% for Chicago Atlantic BDC.
Are Chicago Atlantic BDC and PennantPark Investment in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.