WhiteHawk Income Corp. (WHK) - What Are Analysts Saying About This Stock?

Key Points

• Analyst sentiment is moderately bullish: Seven analysts give WhiteHawk Income a consensus “Moderate Buy” rating, with three buys, one strong buy, two holds and one sell. The average 12-month price target is $32.00 versus the reported share price of $25.94.
• Institutional investors established new positions in the second quarter, including Citadel Advisors, Alyeska Investment Group, BlueCrest Capital Management and Readystate Asset Management.
• WhiteHawk Income announced a quarterly dividend of $0.61, or $2.44 annualized, representing a 9.4% yield. The fund invests primarily in senior secured loans and other private-credit assets targeting current income.

WhiteHawk Income Corp. (NYSE:WHK - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the seven analysts that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $32.00.

Several analysts have recently commented on the company. JPMorgan Chase & Co. started coverage on WhiteHawk Income in a report on Monday, July 6th. They set a "neutral" rating and a $28.00 target price on the stock. Raymond James Financial dropped their price target on WhiteHawk Income from $37.00 to $35.00 and set a "strong-buy" rating on the stock in a research report on Friday, October 2nd. Wall Street Zen upgraded WhiteHawk Income from a "sell" rating to a "hold" rating in a report on Saturday, October 3rd. Weiss Ratings assumed coverage on WhiteHawk Income in a report on Monday, August 31st. They issued a "sell (e)" rating on the stock. Finally, Stifel Nicolaus started coverage on WhiteHawk Income in a research report on Thursday, September 10th. They set a "buy" rating and a $32.00 price objective for the company.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Readystate Asset Management LP acquired a new stake in shares of WhiteHawk Income in the 2nd quarter valued at approximately $696,000. BlueCrest Capital Management Ltd bought a new stake in shares of WhiteHawk Income in the 2nd quarter valued at about $3,756,000. Alyeska Investment Group L.P. bought a new position in WhiteHawk Income during the second quarter worth about $6,955,000. Finally, Citadel Advisors LLC acquired a new stake in shares of WhiteHawk Income in the second quarter valued at approximately $10,215,000.

WhiteHawk Income Stock Down 1.5%

NYSE WHK opened at $25.94 on Thursday. The company has a market capitalization of $714.76 million and a PE ratio of -103.78. The company has a 50-day simple moving average of $26.65. WhiteHawk Income has a twelve month low of $24.06 and a twelve month high of $29.07. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.39 and a current ratio of 1.39.

WhiteHawk Income Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 24th were given a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a yield of 9.4%. The ex-dividend date of this dividend was Monday, August 24th. WhiteHawk Income's dividend payout ratio (DPR) is currently -176.00%.

About WhiteHawk Income

WhiteHawk Income NYSE: WHK is a closed-end investment fund focused on generating current income through investments in private credit and other income-producing assets. The fund primarily seeks opportunities in senior secured loans and related debt investments issued by middle-market companies.

WhiteHawk Income is managed by WhiteHawk Capital Partners, an investment manager specializing in private credit. Its investment strategy emphasizes credit selection, downside protection and portfolio diversification across industries and borrowers.

The fund's activities are centered on the U.S.

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