NASDAQ:WHFWhiteHorse Finance Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding WhiteHorse Finance Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $10.30 +0.13 (+1.28 %) (As of 06/2/2020 12:32 PM ET) Add Compare Share Today's Range$9.97Now: $10.30▼$10.3950-Day Range$7.20MA: $8.80▼$10.1852-Week Range$5.51Now: $10.30▼$14.65Volume25,462 shsAverage Volume154,976 shsMarket Capitalization$211.56 millionP/E Ratio60.56Dividend Yield14.55%Beta1.31 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media WhiteHorse Finance, Inc is a managed, non-diversified, closed-end management investment company which operates as a direct lender targeting debt investments in privately held, lower middle market companies located in the United States. Its investment objective is to generate returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing lower middle market companies across a range of industries that typically carry a floating interest rate based on the London Interbank Offered Rate. It focuses principally on originating senior secured loans to lower middle market companies. The company was founded on December 28, 2011 and is headquartered in Miami, FL.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingWhiteHorse Finance has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.50, WhiteHorse Finance has a potential upside of 21.6% from its current price of $10.28.Amount of Analyst CoverageWhiteHorse Finance has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.4 Community Rank Outperform VotesWhiteHorse Finance has received 293 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWhiteHorse Finance has received 312 “underperform” votes. (Add your “underperform” vote.)Community SentimentWhiteHorse Finance has received 51.57% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about WhiteHorse Finance and other stocks. Vote “Outperform” if you believe WHF will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WHF will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipWhiteHorse Finance is a leading dividend payer. It pays a dividend yield of 14.55%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWhiteHorse Finance does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of WhiteHorse Finance is 93.42 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, WhiteHorse Finance will have a dividend payout ratio of 111.81 % in the coming year. This indicates that WhiteHorse Finance may not be able to sustain their current dividend. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, WhiteHorse Finance insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,849,775.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.20% of the stock of WhiteHorse Finance is held by insiders.Percentage Held by InstitutionsOnly 19.01% of the stock of WhiteHorse Finance is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for WhiteHorse Finance are expected to grow by 6.72% in the coming year, from $1.19 to $1.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of WhiteHorse Finance is 60.47, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.70.Price to Earnings Ratio vs. SectorThe P/E ratio of WhiteHorse Finance is 60.47, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 19.03.Price to Book Value per Share RatioWhiteHorse Finance has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.32 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Investment offices, not elsewhere classified Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNASDAQ:WHF Previous Symbol CUSIP96524V10 CIK1552198 Webwww.whitehorsefinance.com Phone305-381-6999Debt Debt-to-Equity Ratio1.02 Current Ratio2.35 Quick Ratio2.35Price-To-Earnings Trailing P/E Ratio60.56 Forward P/E Ratio8.65 P/E GrowthN/A Sales & Book Value Annual Sales$67.07 million Price / Sales3.15 Cash Flow$1.42 per share Price / Cash Flow7.24 Book Value$15.23 per share Price / Book0.68Profitability EPS (Most Recent Fiscal Year)$1.52 Net Income$30.84 million Net Margins4.38% Return on Equity9.68% Return on Assets4.99%Miscellaneous EmployeesN/A Outstanding Shares20,550,000Market Cap$211.56 million Next Earnings Date8/5/2020 (Estimated) OptionableNot Optionable NASDAQ:WHF Rates by TradingView Receive WHF News and Ratings via Email Sign-up to receive the latest news and ratings for WHF and its competitors with MarketBeat's FREE daily newsletter. WhiteHorse Finance (NASDAQ:WHF) Frequently Asked Questions How has WhiteHorse Finance's stock been impacted by COVID-19 (Coronavirus)? WhiteHorse Finance's stock was trading at $12.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WHF stock has decreased by 19.7% and is now trading at $10.28. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of WhiteHorse Finance? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WhiteHorse Finance in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for WhiteHorse Finance. When is WhiteHorse Finance's next earnings date? WhiteHorse Finance is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for WhiteHorse Finance. How were WhiteHorse Finance's earnings last quarter? WhiteHorse Finance Inc (NASDAQ:WHF) announced its quarterly earnings data on Monday, May, 11th. The investment management company reported $0.30 EPS for the quarter, missing the consensus estimate of $0.37 by $0.07. The investment management company earned $14.53 million during the quarter, compared to analysts' expectations of $17.12 million. WhiteHorse Finance had a net margin of 4.38% and a return on equity of 9.68%. View WhiteHorse Finance's earnings history. How often does WhiteHorse Finance pay dividends? What is the dividend yield for WhiteHorse Finance? WhiteHorse Finance announced a quarterly dividend on Wednesday, March 18th. Shareholders of record on Friday, March 27th will be paid a dividend of $0.355 per share on Friday, April 3rd. This represents a $1.42 dividend on an annualized basis and a dividend yield of 13.81%. The ex-dividend date of this dividend is Thursday, March 26th. View WhiteHorse Finance's dividend history. What price target have analysts set for WHF? 7 brokerages have issued twelve-month price objectives for WhiteHorse Finance's stock. Their forecasts range from $10.50 to $16.00. On average, they expect WhiteHorse Finance's stock price to reach $12.50 in the next twelve months. This suggests a possible upside of 21.6% from the stock's current price. View analysts' price targets for WhiteHorse Finance. Has WhiteHorse Finance been receiving favorable news coverage? Media headlines about WHF stock have been trending very positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. WhiteHorse Finance earned a media sentiment score of 3.5 on InfoTrie's scale. They also assigned media stories about the investment management company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutWhiteHorse Finance. Are investors shorting WhiteHorse Finance? WhiteHorse Finance saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 134,800 shares, an increase of 161.2% from the April 30th total of 51,600 shares. Based on an average daily volume of 240,700 shares, the days-to-cover ratio is presently 0.6 days. Approximately 1.0% of the company's stock are sold short. View WhiteHorse Finance's Current Options Chain. Who are some of WhiteHorse Finance's key competitors? Some companies that are related to WhiteHorse Finance include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Eaton Vance (EV), Legg Mason (LM), Invesco (IVZ), Affiliated Managers Group (AMG), Cohen & Steers (CNS) and Federated Investors (FII). View all competitors. What other stocks do shareholders of WhiteHorse Finance own? Based on aggregate information from My MarketBeat watchlists, some companies that other WhiteHorse Finance investors own include Norwegian Cruise Line (NCLH), Boeing (BA), Triplepoint Venture Growth BDC (TPVG), Prospect Capital (PSEC), AGNC Investment (AGNC), Monroe Capital (MRCC), Ares Capital (ARCC), Energy Transfer LP Unit (ET), BlackRock TCP Capital (TCPC) and THL Credit (TCRD). Who are WhiteHorse Finance's key executives? WhiteHorse Finance's management team includes the following people: Stuart Daniel Aronson, Chief Executive Officer & DirectorEdward Giordano, Chief Financial OfficerMarco Collazos, Chief Compliance OfficerRichard Siegel, Secretary What is WhiteHorse Finance's stock symbol? WhiteHorse Finance trades on the NASDAQ under the ticker symbol "WHF." Who are WhiteHorse Finance's major shareholders? WhiteHorse Finance's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Resource America Inc. (2.55%), UBS Group AG (1.54%), Advisors Asset Management Inc. (1.31%), Virtus ETF Advisers LLC (1.25%), Two Sigma Advisers LP (1.13%) and Acadian Asset Management LLC (1.04%). Company insiders that own WhiteHorse Finance stock include Anthony Tamer, G Stacy Smith, John Bolduc, Joyson Thomas, Kevin Francis Burke, Marco A Collazos, Sami Mnaymneh and Stuart D Aronson. View institutional ownership trends for WhiteHorse Finance. Which major investors are selling WhiteHorse Finance stock? WHF stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Morgan Stanley, Two Sigma Investments LP, Virtus ETF Advisers LLC, Muzinich & Co. Inc., JPMorgan Chase & Co., Raymond James & Associates, and Advisors Asset Management Inc.. Company insiders that have sold WhiteHorse Finance company stock in the last year include Anthony Tamer, and Sami Mnaymneh. View insider buying and selling activity for WhiteHorse Finance. Which major investors are buying WhiteHorse Finance stock? WHF stock was purchased by a variety of institutional investors in the last quarter, including Resource America Inc., Acadian Asset Management LLC, Sumitomo Mitsui Trust Holdings Inc., Advisor Group Holdings Inc., Caxton Associates LP, National Asset Management Inc., Lion Street Advisors LLC, and Jane Street Group LLC. Company insiders that have bought WhiteHorse Finance stock in the last two years include G Stacy Smith, John Bolduc, Joyson Thomas, Kevin Francis Burke, Marco A Collazos, and Stuart D Aronson. View insider buying and selling activity for WhiteHorse Finance. How do I buy shares of WhiteHorse Finance? Shares of WHF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is WhiteHorse Finance's stock price today? One share of WHF stock can currently be purchased for approximately $10.28. How big of a company is WhiteHorse Finance? WhiteHorse Finance has a market capitalization of $211.25 million and generates $67.07 million in revenue each year. The investment management company earns $30.84 million in net income (profit) each year or $1.52 on an earnings per share basis. What is WhiteHorse Finance's official website? The official website for WhiteHorse Finance is www.whitehorsefinance.com. How can I contact WhiteHorse Finance? WhiteHorse Finance's mailing address is 1450 Brickell Avenue 31st Floor, Miami FL, 33131. The investment management company can be reached via phone at 305-381-6999 or via email at [email protected] This page was last updated on 6/2/2020 by MarketBeat.com Staff
