Logan Ridge Finance (LRFC) Stock Price, News & Analysis

$22.01
0.00 (0.00%)
(As of 04/24/2024 ET)
Today's Range
$21.24
$22.05
50-Day Range
$21.90
$22.72
52-Week Range
$18.53
$23.63
Volume
1,358 shs
Average Volume
3,898 shs
Market Capitalization
$58.99 million
P/E Ratio
N/A
Dividend Yield
5.82%
Price Target
N/A

Logan Ridge Finance MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.16% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
3.57%
From $1.40 to $1.45 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.93 out of 5 stars

Finance Sector

662nd out of 851 stocks

Investors, Not Elsewhere Classified Industry

1st out of 15 stocks

LRFC stock logo

About Logan Ridge Finance Stock (NASDAQ:LRFC)

Logan Ridge Finance Corporation, formerly known as, Capitala Finance Corp. is a Business Development Company specializing in senior subordinated debt and unitranche debt, unitranche loan, first-lien and second-lien loans, lower middle market and middle market, equity co-investment in sponsored companies. The fund targets companies in the Aerospace, defense, business services, education, food and beverage, Industrial & Environmental Services, logistics, distribution, media, telecommunication, manufacturing, consumer goods and health-care industries. It typically considers investments in the United States. The fund invests $5 million and $50 million per transaction in companies with EBITDA between $5 million to $50 million and enterprise value less than $250 million. The fund makes minority equity co-investments, alongside management or financial sponsors.

LRFC Stock Price History

LRFC Stock News Headlines

This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Logan Ridge: Q4 Earnings Snapshot
See More Headlines
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Company Calendar

Ex-Dividend for 4/2 Dividend
3/22/2024
Last Earnings
3/26/2024
Dividend Payable
4/02/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investors, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:LRFC
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$-2,480,000.00
Pretax Margin
-12.30%

Debt

Sales & Book Value

Annual Sales
$20.18 million
Book Value
$33.33 per share

Miscellaneous

Free Float
2,677,000
Market Cap
$58.99 million
Optionable
Not Optionable
Beta
1.32
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Key Executives

  • Mr. Edward Joseph Goldthorpe (Age 47)
    CEO, President & Chairman of the Board
  • Mr. Jason T. Roos (Age 46)
    Chief Financial Officer
  • Mr. Patrick Schafer (Age 39)
    Chief Investment Officer
  • Mr. Brandon Satoren (Age 35)
    Chief Accounting Officer, Secretary & Treasurer
  • Mr. David Isaac Held J.D. (Age 53)
    Chief Compliance Officer

LRFC Stock Analysis - Frequently Asked Questions

How have LRFC shares performed in 2024?

Logan Ridge Finance's stock was trading at $22.61 on January 1st, 2024. Since then, LRFC stock has decreased by 2.7% and is now trading at $22.0101.
View the best growth stocks for 2024 here
.

Are investors shorting Logan Ridge Finance?

Logan Ridge Finance saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 3,800 shares, a drop of 19.1% from the March 15th total of 4,700 shares. Based on an average daily volume of 3,700 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.2% of the company's shares are short sold.
View Logan Ridge Finance's Short Interest
.

When is Logan Ridge Finance's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our LRFC earnings forecast
.

How can I listen to Logan Ridge Finance's earnings call?

Logan Ridge Finance will be holding an earnings conference call on Thursday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Logan Ridge Finance's earnings last quarter?

Logan Ridge Finance Co. (NASDAQ:LRFC) issued its quarterly earnings data on Tuesday, March, 26th. The company reported $0.22 earnings per share for the quarter. The firm earned $4.42 million during the quarter. Logan Ridge Finance had a positive trailing twelve-month return on equity of 4.13% and a negative net margin of 12.30%.

How often does Logan Ridge Finance pay dividends? What is the dividend yield for Logan Ridge Finance?

Logan Ridge Finance declared a quarterly dividend on Tuesday, March 12th. Stockholders of record on Monday, March 25th will be given a dividend of $0.32 per share on Tuesday, April 2nd. This represents a $1.28 annualized dividend and a dividend yield of 5.82%. The ex-dividend date is Friday, March 22nd. This is an increase from the stock's previous quarterly dividend of $0.30.
Read our dividend analysis for LRFC
.

Is Logan Ridge Finance a good dividend stock?

Logan Ridge Finance (NASDAQ:LRFC) pays an annual dividend of $1.28 per share and currently has a dividend yield of 5.78%. LRFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for LRFC.

Who are Logan Ridge Finance's major shareholders?

Logan Ridge Finance's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (6.38%). Insiders that own company stock include Larry W Carroll and Patrick Schafer.
View institutional ownership trends
.

How do I buy shares of Logan Ridge Finance?

Shares of LRFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LRFC) was last updated on 4/25/2024 by MarketBeat.com Staff

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