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.
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Industry, Sector and Symbol
Industry Investment offices, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Phone305-381-6999
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$63.25 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date11/5/2019 (Estimated)
OptionableNot Optionable
WhiteHorse Finance (NASDAQ:WHF) Frequently Asked Questions
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 Monday, June 10th. Investors of record on Thursday, June 20th will be paid a dividend of $0.355 per share on Wednesday, July 3rd. This represents a $1.42 annualized dividend and a yield of 10.96%. The ex-dividend date is Wednesday, June 19th. View WhiteHorse Finance's Dividend History.
How were WhiteHorse Finance's earnings last quarter?
WhiteHorse Finance Inc (NASDAQ:WHF) issued its quarterly earnings data on Wednesday, August, 7th. The investment management company reported $0.37 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.37. The investment management company earned $15.98 million during the quarter, compared to analysts' expectations of $16.08 million. WhiteHorse Finance had a net margin of 62.01% and a return on equity of 9.62%. View WhiteHorse Finance's Earnings History.
When is WhiteHorse Finance's next earnings date?
What price target have analysts set for WHF?
5 Wall Street analysts have issued twelve-month price objectives for WhiteHorse Finance's shares. Their forecasts range from $13.50 to $16.00. On average, they expect WhiteHorse Finance's stock price to reach $14.8333 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View Analyst Price Targets for WhiteHorse Finance.
What is the consensus analysts' recommendation for WhiteHorse Finance?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WhiteHorse Finance in the last year. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for WhiteHorse Finance.
Has WhiteHorse Finance been receiving favorable news coverage?
Media coverage about WHF stock has trended positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. WhiteHorse Finance earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave headlines about the investment management company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the immediate future. View News Stories for WhiteHorse Finance.
Are investors shorting WhiteHorse Finance?
WhiteHorse Finance saw a increase in short interest in the month of July. As of July 15th, there was short interest totalling 59,400 shares, an increase of 60.1% from the June 15th total of 37,100 shares. Based on an average daily volume of 80,300 shares, the short-interest ratio is currently 0.7 days. Approximately 0.7% of the company's shares are short sold. 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 PIMCO High Income Fund (PHK), AllianceBernstein Global Hgh Incm Fd (AWF), Blackrock Muniyield Insured Fund (MYI), General American Investors (GAM), Solar Capital (SLRC), Invesco Van Kampen Munpl Oprtnty Tr (VMO), Templeton Global Income Fund (GIM), Tekla Healthcare Investors (HQH), Goldman Sachs BDC (GSBD), Invesco Trust for Investment GradeMncpls (VGM), Invesco Municipal Trust (VKQ), Blackrock Muniyield Fund (MYD), Western Asset Managed Municipals Fnd (MMU), Invesco California Value Mncpl Incm Trst (VCV) and Templeton Dragon Fund (TDF).
What other stocks do shareholders of WhiteHorse Finance own?
Who are WhiteHorse Finance's key executives?
WhiteHorse Finance's management team includes the folowing people:
- Stuart Daniel Aronson, Chief Executive Officer & Director
- Edward Giordano, Chief Financial Officer
- Marco Collazos, Chief Compliance Officer
- Richard Siegel, Secretary
Who are WhiteHorse Finance's major shareholders?
WhiteHorse Finance's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Resource America Inc. (1.27%), Virtus ETF Advisers LLC (1.25%), Marshall Wace LLP (0.81%), Morgan Stanley (0.66%), Gables Capital Management Inc. (0.48%) and Marshall Wace North America L.P. (0.32%). Company insiders that own WhiteHorse Finance stock include Anthony Tamer, G Stacy Smith, John Bolduc, Kevin Francis Burke and Stuart D Aronson. View Institutional Ownership Trends for WhiteHorse Finance.
Which institutional investors are selling WhiteHorse Finance stock?
Which institutional investors are buying WhiteHorse Finance stock?
WHF stock was purchased by a variety of institutional investors in the last quarter, including Virtus ETF Advisers LLC, Marshall Wace LLP, Marshall Wace North America L.P., Morgan Stanley, Acadian Asset Management LLC, Eagle Global Advisors LLC, PVG Asset Management Corp and Rational Advisors LLC. Company insiders that have bought WhiteHorse Finance stock in the last two years include John Bolduc, Kevin Francis Burke and Stuart D Aronson. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is WhiteHorse Finance's stock price today?
One share of WHF stock can currently be purchased for approximately $12.96.
How big of a company is WhiteHorse Finance?
WhiteHorse Finance has a market capitalization of $266.33 million and generates $63.25 million in revenue each year. The investment management company earns $57.30 million in net income (profit) each year or $1.50 on an earnings per share basis. View Additional Information About WhiteHorse Finance.
What is WhiteHorse Finance's official website?
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]
MarketBeat Community Rating for WhiteHorse Finance (NASDAQ WHF)
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.
