WhiteHorse Finance (WHF) to Release Earnings on Monday

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

WhiteHorse Finance (NASDAQ:WHF - Get Free Report) last announced its quarterly earnings data on Friday, March 7th. The investment management company reported $0.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.39 by ($0.05). WhiteHorse Finance had a net margin of 10.65% and a return on equity of 12.86%. The business had revenue of $21.01 million during the quarter, compared to analyst estimates of $22.43 million. During the same quarter in the prior year, the company posted $0.46 EPS. 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 Price Performance

Shares of WhiteHorse Finance stock traded down $0.05 during trading on Friday, hitting $9.26. 42,505 shares of the company's stock traded hands, compared to its average volume of 92,745. WhiteHorse Finance has a twelve month low of $8.44 and a twelve month high of $13.44. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market cap of $215.23 million, a PE ratio of 20.58 and a beta of 0.84. The firm's fifty day moving average price is $9.60 and its 200 day moving average price is $10.23.

WhiteHorse Finance Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, March 21st were issued a dividend of $0.385 per share. This represents a $1.54 dividend on an annualized basis and a yield of 16.63%. The ex-dividend date was Friday, March 21st. WhiteHorse Finance's payout ratio is 327.66%.

Wall Street Analyst Weigh In

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

Insider Transactions at WhiteHorse Finance

In other news, Director John Bolduc bought 22,360 shares of the stock in a transaction dated Tuesday, April 8th. The stock was bought at an average cost of $8.94 per share, with a total value of $199,898.40. Following the purchase, the director now owns 237,885 shares of the company's stock, valued at approximately $2,126,691.90. This represents a 10.37 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. 2.30% of the stock is owned by company insiders.

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.