WhiteHorse Finance (NASDAQ:WHF) Upgraded at B. Riley

WhiteHorse Finance (NASDAQ:WHF - Get Free Report) was upgraded by investment analysts at B. Riley to a "hold" rating in a research report issued on Monday,Zacks.com reports. B. Riley also issued estimates for WhiteHorse Finance's Q1 2026 earnings at $0.28 EPS, Q2 2026 earnings at $0.27 EPS, Q3 2026 earnings at $0.28 EPS, Q4 2026 earnings at $0.28 EPS and FY2026 earnings at $1.11 EPS.

Separately, JPMorgan Chase & Co. cut their price target on WhiteHorse Finance from $9.50 to $9.00 and set an "underweight" rating for the company in a research note on Monday, March 10th. One analyst has rated the stock with a sell rating and four have given a hold rating to the stock. According to data from MarketBeat.com, WhiteHorse Finance has an average rating of "Hold" and a consensus price target of $10.50.

WhiteHorse Finance Price Performance

WhiteHorse Finance stock opened at $9.51 on Monday. The stock has a market cap of $221.01 million, a P/E ratio of 24.38 and a beta of 0.80. The company has a fifty day simple moving average of $9.30 and a 200-day simple moving average of $9.85. WhiteHorse Finance has a 12-month low of $8.44 and a 12-month high of $12.78. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.28.

WhiteHorse Finance (NASDAQ:WHF - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The investment management company reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by ($0.04). The business had revenue of $18.80 million for the quarter, compared to analysts' expectations of $19.98 million. WhiteHorse Finance had a return on equity of 11.30% and a net margin of 10.62%. Equities analysts expect that WhiteHorse Finance will post 1.66 EPS for the current fiscal year.

Insiders Place Their Bets

In other WhiteHorse Finance news, Director John Bolduc bought 22,360 shares of the company's stock in a transaction on Tuesday, April 8th. The stock was purchased at an average cost of $8.94 per share, for a total transaction of $199,898.40. Following the acquisition, the director now owns 237,885 shares of the company's stock, valued at $2,126,691.90. The trade was a 10.37% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. 2.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On WhiteHorse Finance

Hedge funds and other institutional investors have recently made changes to their positions in the business. Raymond James Financial Inc. purchased a new stake in WhiteHorse Finance in the fourth quarter valued at approximately $407,000. Independent Advisor Alliance purchased a new stake in shares of WhiteHorse Finance during the 4th quarter valued at $735,000. Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of WhiteHorse Finance by 2.5% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 60,839 shares of the investment management company's stock valued at $589,000 after buying an additional 1,486 shares during the period. Commonwealth Equity Services LLC grew its stake in shares of WhiteHorse Finance by 23.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 19,418 shares of the investment management company's stock valued at $188,000 after buying an additional 3,683 shares during the period. Finally, Virtu Financial LLC purchased a new stake in shares of WhiteHorse Finance during the 4th quarter valued at $253,000. Hedge funds and other institutional investors own 13.20% of the company's stock.

WhiteHorse Finance Company Profile

WhiteHorse Finance, Inc is business development company, non-diversified, closed end management company specializing in originating senior secured loans, lower middle market, growth capital industries. It invests in broadline retail, office services and supplies, building products, health care services, health care supplies, research and consulting services, application software, home furnishings, specialized consumer services, data processing and outsourced services, leisure facilities, cable, and satellite.

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