WhiteHorse Finance Company Profile (NASDAQ:WHF)

About WhiteHorse Finance

WhiteHorse Finance logoWhiteHorse Finance, Inc. is a non-diversified, closed-end management investment company. The Company is a direct lender targeting debt investments in privately held, small-cap companies located in the United States. The Company's investment objective is to generate attractive risk-adjusted returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing small-cap companies across a range of industries that typically carry a floating interest rate based on the London Interbank Offered Rate (LIBOR) and have a term of 3 to 6 years. The Company may also make investments at other levels of a company's capital structure, including mezzanine loans or equity interests. The Company's investment portfolio consists primarily of senior secured loans across approximately 40 positions in over 30 companies. The Company's investment activities are managed by its investment advisor, H.I.G. WhiteHorse Advisers, LLC.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Capital Markets
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NASDAQ
  • Symbol: WHF
  • CUSIP: 96524V10
Key Metrics:
  • Previous Close: $12.94
  • 50 Day Moving Average: $12.62
  • 200 Day Moving Average: $11.69
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 8.92
  • P/E Growth: 0.84
  • Market Cap: $N/A
  • Beta: 0.78
Profitability:
  • Net Margins: 14.26%
  • Return on Equity: 8.94%
  • Return on Assets: 4.95%
Debt:
  • Debt-to-Equity Ratio: 0.69%
  • Current Ratio: 2.10%
  • Quick Ratio: 2.10%
Additional Links:
Companies Related to WhiteHorse Finance:

Analyst Ratings

Consensus Ratings for WhiteHorse Finance (NASDAQ:WHF) (?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $12.50 (3.33% downside)

Analysts' Ratings History for WhiteHorse Finance (NASDAQ:WHF)
Show:
DateFirmActionRatingPrice TargetDetails
9/14/2016Citigroup Inc.Boost Price TargetBuy$11.00 -> $12.00View Rating Details
8/11/2016Deutsche Bank AGSet Price TargetBuy$12.00 -> $13.50View Rating Details
8/9/2016Robert W. BairdDowngradeOutperform -> Neutral$12.00View Rating Details
3/9/2016WunderlichLower Price TargetBuy$15.00 -> $12.50View Rating Details
3/4/2015Keefe, Bruyette & WoodsLower Price TargetMarket Perform$13.75 -> $13.50View Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for WhiteHorse Finance (NASDAQ:WHF)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/1/2017        
11/3/2016Q315$0.35$0.40$13.14 millionViewListenView Earnings Details
8/5/2016Q215$0.35$0.35$13.22 millionViewListenView Earnings Details
5/5/2016Q115$0.34$0.37$12.72 million$13.41 millionViewListenView Earnings Details
3/3/2016Q414$0.35$0.35$11.63 millionViewListenView Earnings Details
11/5/2015Q314$0.36$0.38$11.49 millionViewListenView Earnings Details
8/5/2015Q214$0.35$0.39$11.25 millionViewListenView Earnings Details
5/6/2015Q1$0.33$0.36ViewListenView Earnings Details
3/3/2015Q414$0.29$0.33$10.03 millionViewListenView Earnings Details
11/10/2014Q3$0.30$0.28ViewListenView Earnings Details
8/6/2014Q2$0.27$0.27ViewListenView Earnings Details
5/7/2014Q1$0.30$0.36$9.37 millionViewListenView Earnings Details
2/27/2014Q413$0.28$0.42ViewListenView Earnings Details
11/12/2013Q313$0.34$0.40$9.69 millionViewListenView Earnings Details
8/13/2013Q2 2013$0.33$0.32$9.46 millionViewListenView Earnings Details
5/14/2013$0.32$0.26ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for WhiteHorse Finance (NASDAQ:WHF)
Current Year EPS Consensus Estimate: $1.48 EPS
Next Year EPS Consensus Estimate: $1.45 EPS

Dividends

Current Dividend Information for WhiteHorse Finance (NASDAQ:WHF)
Annual Dividend:$1.42
Dividend Yield:10.98%
Payout Ratio:617.39% (Based on Trailing 12 Months of Earnings)
95.95% (Based on Current Year Consensus EPS Estimate)
97.93% (Based on Next Year Consensus EPS Estimate)

Dividend History for WhiteHorse Finance (NASDAQ:WHF)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/7/2016quarterly$0.3612.14%12/16/201612/20/20161/3/2017
9/8/2016quarterly$0.3612.22%9/15/20169/19/201610/3/2016
5/24/2016quarterly$0.3613.8%6/16/20166/20/20167/6/2016
3/10/2016quarterly$0.3613.99%3/17/20163/21/20164/4/2016
11/24/2015quarterly$0.3611.12%12/17/201512/21/20151/4/2016
8/21/2015quarterly$0.3611.16%9/17/20159/21/201510/2/2015
5/20/2015quarterly$0.3610.72%6/17/20156/19/20157/2/2015
3/10/2015quarterly$0.3611.1%3/18/20153/20/20154/3/2015
11/25/2014quarterly$0.3611.64%12/17/201412/19/20141/2/2015
8/26/2014quarterly$0.369.87%9/17/20149/19/201410/3/2014
5/28/2014quarterly$0.3610.24%6/18/20146/20/20147/3/2014
3/10/2014quarterly$0.369.99%3/18/20143/20/20144/3/2014
11/26/2013quarterly$0.369.27%12/17/201312/19/20131/3/2014
8/22/2013quarterly$0.369.27%9/18/20139/20/201310/3/2013
5/22/2013quarterly$0.369.04%6/19/20136/21/20137/3/2013
3/11/2013quarterly$0.369.23%3/20/20133/22/20134/3/2013
12/20/2012quarterly$0.1112/28/20121/8/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for WhiteHorse Finance (NASDAQ:WHF)
Insider Ownership Percentage: 1.40%
Institutional Ownership Percentage: 10.11%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/8/2016John BolducDirectorBuy3,180$10.85$34,503.00View SEC Filing  
11/7/2016John BolducDirectorBuy730$10.74$7,840.20View SEC Filing  
5/16/2016John BolducDirectorBuy7,218$10.45$75,428.10View SEC Filing  
5/12/2016John BolducDirectorBuy17,230$10.39$179,019.70View SEC Filing  
3/9/2016G Stacy SmithDirectorBuy8,000$10.00$80,000.00View SEC Filing  
3/7/2016G Stacy SmithDirectorBuy4,000$9.98$39,920.00View SEC Filing  
3/7/2016Gerhard LombardCFOBuy1,300$9.92$12,896.00View SEC Filing  
11/25/2015Anthony TamerMajor ShareholderBuy3,270,425$13.55$44,314,258.75View SEC Filing  
11/25/2015James Demus Carvell IIICEOBuy2,447$13.55$33,156.85View SEC Filing  
11/24/2015John BolducDirectorBuy28,512$13.55$386,337.60View SEC Filing  
11/16/2015G Stacy SmithDirectorBuy1,400$12.38$17,332.00View SEC Filing  
11/13/2015G Stacy SmithDirectorBuy5,600$12.34$69,104.00View SEC Filing  
11/12/2015G Stacy SmithDirectorBuy15,000$12.14$182,100.00View SEC Filing  
10/16/2015Anthony TamerMajor ShareholderBuy16,000$13.55$216,800.00View SEC Filing  
10/15/2015Anthony TamerMajor ShareholderBuy71,251$13.33$949,775.83View SEC Filing  
10/8/2015Anthony TamerMajor ShareholderBuy49,434$12.82$633,743.88View SEC Filing  
10/1/2015Anthony TamerMajor ShareholderBuy82,910$13.10$1,086,121.00View SEC Filing  
9/24/2015Anthony TamerMajor ShareholderBuy38,341$13.17$504,950.97View SEC Filing  
9/17/2015Sami MnaymnehMajor ShareholderBuy35,564$13.37$475,490.68View SEC Filing  
9/10/2015Sami MnaymnehMajor ShareholderBuy20,730$13.05$270,526.50View SEC Filing  
9/3/2015Anthony TamerMajor ShareholderBuy37,600$12.73$478,648.00View SEC Filing  
8/27/2015Sami MnaymnehMajor ShareholderBuy19,030$12.57$239,207.10View SEC Filing  
8/24/2015Anthony TamerMajor ShareholderBuy21,119$12.72$268,633.68View SEC Filing  
8/19/2015Anthony TamerMajor ShareholderBuy22,930$12.78$293,045.40View SEC Filing  
8/18/2015Sami MnaymnehMajor ShareholderBuy7,700$12.79$98,483.00View SEC Filing  
8/17/2015Sami MnaymnehMajor ShareholderBuy7,530$12.87$96,911.10View SEC Filing  
8/14/2015Sami MnaymnehMajor ShareholderBuy9,700$12.45$120,765.00View SEC Filing  
12/15/2014Tom C DavisDirectorBuy4,000$11.68$46,720.00View SEC Filing  
11/17/2014John BolducDirectorBuy18,717$12.59$235,647.03View SEC Filing  
11/14/2014James Demus Carvell IIICEOBuy2,100$12.52$26,292.00View SEC Filing  
11/14/2014John BolducDirectorBuy21,650$12.47$269,975.50View SEC Filing  
11/13/2014Gerhard LombardCFOBuy1,600$12.49$19,984.00View SEC Filing  
5/20/2014John BolducDirectorBuy18,100$13.78$249,418.00View SEC Filing  
12/10/2012James Demus Carvell IIICEOBuy6,667$15.00$100,005.00View SEC Filing  
12/10/2012Rick D PuckettDirectorBuy15,000$15.00$225,000.00View SEC Filing  
12/10/2012Sami MnaymnehMajor ShareholderBuy133,334$15.00$2,000,010.00View SEC Filing  
12/6/2012John BolducDirectorBuy3,500$14.04$49,140.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for WhiteHorse Finance (NASDAQ:WHF)
DateHeadline
us.rd.yahoo.com logoWhiteHorse Finance, Inc. To Report Fourth Quarter And Full Year 2016 Financial Results (NASDAQ:WHF)
us.rd.yahoo.com - February 10 at 6:38 AM
marketexclusive.com logoWhiteHorse Finance, Inc. (NASDAQ:WHF) Files An 8-K Regulation FD Disclosure (NASDAQ:WHF)
marketexclusive.com - December 7 at 9:47 PM
finance.yahoo.com logoEdited Transcript of WHF earnings conference call or presentation 3-Nov-16 2:00pm GMT (NASDAQ:WHF)
finance.yahoo.com - November 4 at 12:35 PM
finance.yahoo.com logoWhiteHorse Finance, Inc. To Report Third Quarter Financial Results (NASDAQ:WHF)
finance.yahoo.com - October 18 at 7:55 PM
finance.yahoo.com logoWhitehorse Finance Downgraded To Neutral At Baird, Cites Higher Balance Sheet Risk (NASDAQ:WHF)
finance.yahoo.com - August 9 at 8:36 PM
seekingalpha.com logoWhiteHorse Finance lower as Baird heads to sidelines (NASDAQ:WHF)
seekingalpha.com - August 9 at 2:10 PM
finance.yahoo.com logoWhiteHorse Finance downgraded by Robert W. Baird (NASDAQ:WHF)
finance.yahoo.com - August 9 at 11:44 AM
biz.yahoo.com logoWHITEHORSE FINANCE, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:WHF)
biz.yahoo.com - August 8 at 8:28 PM
finance.yahoo.com logoEdited Transcript of WHF earnings conference call or presentation 5-Aug-16 2:00pm GMT (NASDAQ:WHF)
finance.yahoo.com - August 6 at 10:49 AM
cnbc.com logoWhiteHorse misses 2Q profit forecasts (NASDAQ:WHF)
www.cnbc.com - August 5 at 11:21 AM
capitalcube.com logoWhitefield Ltd. :WHF-AU: Earnings Analysis: For the six months ended March 31, 2016 : July 22, 2016 (NASDAQ:WHF)
www.capitalcube.com - July 22 at 2:56 AM
capitalcube.com logoWhitefield Ltd. :WHF-AU: Earnings Analysis: 2016 By the Numbers : July 22, 2016 (NASDAQ:WHF)
www.capitalcube.com - July 22 at 1:13 AM
prnewswire.com logoWhiteHorse Finance, Inc. To Report Second Quarter Financial Results (NASDAQ:WHF)
www.prnewswire.com - July 11 at 8:04 PM
finance.yahoo.com logoWhy HomeStreet (HMST) Stock Upgraded to Strong Buy (NASDAQ:WHF)
finance.yahoo.com - June 29 at 6:20 PM
biz.yahoo.com logoWHITEHORSE FINANCE, INC. Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or St (NASDAQ:WHF)
biz.yahoo.com - May 25 at 4:13 PM
biz.yahoo.com logoWHITEHORSE FINANCE, INC. Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or St (NASDAQ:WHF)
biz.yahoo.com - May 25 at 4:13 PM

Social

What is WhiteHorse Finance's stock symbol?

WhiteHorse Finance trades on the NASDAQ under the ticker symbol "WHF."

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

WhiteHorse Finance declared a quarterly dividend on Wednesday, December 7th. Investors of record on Tuesday, December 20th will be given a dividend of $0.355 per share on Tuesday, January 3rd. This represents a $1.42 annualized dividend and a yield of 10.98%. The ex-dividend date is Friday, December 16th.

Where is WhiteHorse Finance's stock going? Where will WhiteHorse Finance's stock price be in 2017?

4 brokers have issued twelve-month target prices for WhiteHorse Finance's stock. Their predictions range from $12.00 to $13.50. On average, they anticipate WhiteHorse Finance's stock price to reach $12.50 in the next twelve months.

When will WhiteHorse Finance announce their earnings?

WhiteHorse Finance is scheduled to release their next quarterly earnings announcement on Wednesday, March, 1st 2017.

Who owns WhiteHorse Finance stock?

WhiteHorse Finance's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vivaldi Asset Management LLC (0.00%) and Two Sigma Investments LP (0.00%). Company insiders that own WhiteHorse Finance stock include Anthony Tamer, G Stacy Smith, Gerhard Lombard, James Demus Carvell III, John Bolduc and Sami Mnaymneh.

Who sold WhiteHorse Finance stock? Who is selling WhiteHorse Finance stock?

WhiteHorse Finance's stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP.

Who bought WhiteHorse Finance stock? Who is buying WhiteHorse Finance stock?

WhiteHorse Finance's stock was purchased by a variety of institutional investors in the last quarter, including Vivaldi Asset Management LLC. Company insiders that have bought WhiteHorse Finance stock in the last two years include Anthony Tamer, G Stacy Smith, Gerhard Lombard, James Demus Carvell III, John Bolduc and Sami Mnaymneh.

How do I buy WhiteHorse Finance stock?

Shares of WhiteHorse Finance can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of WhiteHorse Finance stock cost?

One share of WhiteHorse Finance stock can currently be purchased for approximately $12.93.

WhiteHorse Finance (NASDAQ:WHF) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for WhiteHorse Finance (NASDAQ:WHF)

Earnings History Chart

Earnings by Quarter for WhiteHorse Finance (NASDAQ:WHF)

Dividend History Chart

Dividend Payments by Quarter for WhiteHorse Finance (NASDAQ:WHF)

Last Updated on 2/19/2017 by MarketBeat.com Staff