WhiteHorse Finance (WHF) to Release Quarterly Earnings on Monday

WhiteHorse Finance (NASDAQ:WHF - Get Free Report) is anticipated to release its Q1 2025 earnings data before the market opens on Monday, May 12th. Analysts expect WhiteHorse Finance to post earnings of $0.33 per share and revenue of $19.98 million for the quarter.

WhiteHorse Finance (NASDAQ:WHF - Get Free Report) last released its quarterly earnings results on Friday, March 7th. The investment management company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.05). The company had revenue of $21.01 million for the quarter, compared to the consensus estimate of $22.43 million. WhiteHorse Finance had a net margin of 10.65% and a return on equity of 12.86%. During the same period last year, the company earned $0.46 earnings per share. On average, analysts expect WhiteHorse Finance to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

WhiteHorse Finance Trading Down 1.7 %

NASDAQ WHF traded down $0.16 on Wednesday, reaching $9.27. The company had a trading volume of 47,741 shares, compared to its average volume of 93,602. WhiteHorse Finance has a 52 week low of $8.44 and a 52 week high of $13.44. The stock has a market cap of $215.46 million, a price-to-earnings ratio of 20.60 and a beta of 0.84. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.19. The stock's 50 day moving average is $9.66 and its 200-day moving average is $10.27.

WhiteHorse Finance Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, March 21st were paid a $0.385 dividend. This represents a $1.54 annualized dividend and a yield of 16.61%. The ex-dividend date was Friday, March 21st. WhiteHorse Finance's payout ratio is 327.66%.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. decreased their price target on shares of WhiteHorse Finance from $9.50 to $9.00 and set an "underweight" rating on the stock in a research note on Monday, March 10th.

Insider Buying and Selling at WhiteHorse Finance

In related news, Director John Bolduc purchased 22,360 shares of WhiteHorse Finance stock in a transaction that occurred on Tuesday, April 8th. The stock was bought at an average price of $8.94 per share, for a total transaction of $199,898.40. Following the completion of the transaction, the director now owns 237,885 shares in the company, valued at $2,126,691.90. This represents a 10.37 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. 2.30% of the stock is currently owned by company insiders.

About WhiteHorse Finance

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.