WhiteHorse Finance Company Profile (NASDAQ:WHF)

About WhiteHorse Finance (NASDAQ:WHF)

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 also may receive warrants to purchase common stock in connection with its debt investments. Its investment advisor is H.I.G. WhiteHorse Advisers, LLC.

Industry, Sector and Symbol:
  • Sector:
  • Industry: Capital Markets
  • Sub-Industry: Asset Management & Custody Banks
  • Symbol: NASDAQ:WHF
  • CUSIP: 96524V10
  • Web: www.whitehorsefinance.com
Average Prices:
  • 50 Day Moving Avg: $14.27
  • 200 Day Moving Avg: $12.99
  • 52 Week Range: $10.25 - $14.75
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 9.80
  • P/E Growth: 0.93
Dividend:
  • Annual Dividend: $1.42
  • Dividend Yield: 9.9%
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%
Misc:
  • Average Volume: 44,261 shs.
  • Beta: 0.78
 

Frequently Asked Questions for WhiteHorse Finance (NASDAQ:WHF)

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 Friday, March 17th. Shareholders of record on Monday, March 27th will be given a dividend of $0.355 per share on Monday, April 3rd. This represents a $1.42 dividend on an annualized basis and a yield of 9.99%. The ex-dividend date is Thursday, March 23rd. View WhiteHorse Finance's Dividend History.

How were WhiteHorse Finance's earnings last quarter?

WhiteHorse Finance Inc (NASDAQ:WHF) posted its earnings results on Friday, May, 5th. The company reported $0.36 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.36. The firm had revenue of $13.58 million for the quarter, compared to the consensus estimate of $12.10 million. WhiteHorse Finance had a return on equity of 8.94% and a net margin of 14.26%. View WhiteHorse Finance's Earnings History.

When will WhiteHorse Finance make its next earnings announcement?

WhiteHorse Finance is scheduled to release their next quarterly earnings announcement on Thursday, August, 3rd 2017. View Earnings Estimates for WhiteHorse Finance.

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

3 analysts have issued 1-year target prices for WhiteHorse Finance's shares. Their forecasts 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. View Analyst Ratings for WhiteHorse Finance.

Who are some of WhiteHorse Finance's key competitors?

Who are WhiteHorse Finance's key executives?

WhiteHorse Finance's management team includes the folowing people:

  • John P. Bolduc, Chairman of the Board of Directors
  • Stuart D. Aronson, Chief Executive Officer, Director
  • Edward J Giordano, Interim Chief Financial Officer
  • William D. Markert, Chief Operating Officer
  • Jay Carvell, Director
  • Kevin Burke, Independent Director
  • Rick D. Puckett, Independent Director

Who owns WhiteHorse Finance stock?

WhiteHorse Finance's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Advisors Asset Management Inc. (0.00%), Ares Management LLC (2.13%), UBS Group AG (1.59%), Morgan Stanley (0.82%), Hillsdale Investment Management Inc. (0.19%) and Janney Montgomery Scott LLC (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. View Institutional Ownership Trends for WhiteHorse Finance.

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 Advisors Asset Management Inc., Ares Management LLC and Morgan Stanley. View Insider Buying and Selling for WhiteHorse Finance.

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 Hillsdale Investment Management Inc., Janney Montgomery Scott LLC, Goldman Sachs Group Inc. and UBS Group AG. 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. View Insider Buying and Selling for WhiteHorse Finance.

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.

What is WhiteHorse Finance's stock price today?

One share of WhiteHorse Finance stock can currently be purchased for approximately $14.21.


MarketBeat Community Rating for WhiteHorse Finance (NASDAQ WHF)
Community Ranking:  2.7 out of 5 ( )
Outperform Votes:  102 (Vote Outperform)
Underperform Votes:  87 (Vote Underperform)
Total Votes:  189
MarketBeat's community ratings are surveys of what our community members think about WhiteHorse Finance and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for WhiteHorse Finance (NASDAQ:WHF) (?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $12.50 (12.03% downside)

Analysts' Ratings History for WhiteHorse Finance (NASDAQ:WHF)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/14/2016Citigroup IncBoost Price TargetBuy$11.00 -> $12.00N/AView Rating Details
8/11/2016Deutsche Bank AGSet Price TargetBuy$12.00 -> $13.50N/AView Rating Details
8/9/2016Robert W. BairdDowngradeOutperform -> Neutral$12.00N/AView Rating Details
3/9/2016WunderlichLower Price TargetBuy$15.00 -> $12.50N/AView Rating Details
(Data available from 5/30/2015 forward)

Earnings

Earnings History for WhiteHorse Finance (NASDAQ:WHF)
Earnings by Quarter for WhiteHorse Finance (NASDAQ:WHF)
Earnings History by Quarter for WhiteHorse Finance (NASDAQ WHF)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/3/2017        
5/5/2017Q1 2017$0.36$0.36$12.10 million$13.58 millionViewN/AView Earnings Details
3/2/2017Q4 2016$0.36$0.36$12.07 million$13.36 millionViewListenView Earnings Details
11/3/2016Q315$0.35$0.40$11.97 million$14.03 millionViewListenView Earnings Details
8/5/2016Q215$0.35$0.35$13.41 million$13.05 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$11.85 million$11.94 millionViewListenView Earnings Details
11/5/2015Q314$0.36$0.38$11.43 million$11.71 millionViewListenView Earnings Details
8/5/2015Q214$0.35$0.39$11.12 million$12.16 millionViewListenView Earnings Details
5/6/2015Q1$0.33$0.36$11.13 million$11.27 millionViewListenView Earnings Details
3/3/2015Q414$0.29$0.33$9.86 million$11.01 millionViewListenView Earnings Details
11/10/2014Q3$0.30$0.28$10.00 million$9.27 millionViewListenView Earnings Details
8/6/2014Q2$0.27$0.27$9.04 million$9.02 millionViewListenView Earnings Details
5/7/2014Q1$0.30$0.36$9.16 million$8.25 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: $1.47 EPS
Next Year EPS Consensus Estimate: $1.45 EPS

Dividends

Current Dividend Information for WhiteHorse Finance (NASDAQ:WHF)
Most Recent Dividend:4/3/2017
Annual Dividend:$1.42
Dividend Yield:9.99%
Payout Ratio:617.39% (Trailing 12 Months of Earnings)
96.60% (Based on This Year's Estimates)
97.93% (Based on Next Year's Estimates)
Dividend Payments by Quarter for WhiteHorse Finance (NASDAQ:WHF)

Dividend History by Quarter for WhiteHorse Finance (NASDAQ WHF)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/17/2017Quarterly$0.363/23/20173/27/20174/3/2017
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 and Institutional Ownership History for WhiteHorse Finance (NASDAQ:WHF)
Insider Ownership Percentage: 1.40%
Institutional Ownership Percentage: 10.11%
Insider Trades by Quarter for WhiteHorse Finance (NASDAQ:WHF)
Institutional Ownership by Quarter for WhiteHorse Finance (NASDAQ:WHF)
Insider Trades by Quarter for WhiteHorse Finance (NASDAQ:WHF)
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

Headline Trends for WhiteHorse Finance (NASDAQ:WHF)
Latest Headlines for WhiteHorse Finance (NASDAQ:WHF)
Source:
DateHeadline
americanbankingnews.com logo$12.46 Million in Sales Expected for WhiteHorse Finance Inc (WHF) This Quarter
www.americanbankingnews.com - May 21 at 7:14 AM
americanbankingnews.com logoZacks: Brokerages Anticipate WhiteHorse Finance Inc (WHF) to Post $0.37 EPS
www.americanbankingnews.com - May 19 at 10:28 AM
americanbankingnews.com logoWhiteHorse Finance Inc (WHF) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 10 at 11:40 AM
finance.yahoo.com logoEdited Transcript of WHF earnings conference call or presentation 5-May-17 2:00pm GMT
finance.yahoo.com - May 9 at 8:07 PM
americanbankingnews.com logoWhiteHorse Finance Inc (WHF) Announces Quarterly Earnings Results, Hits Expectations
www.americanbankingnews.com - May 8 at 3:18 PM
finance.yahoo.com logoWhiteHorse Finance, Inc. Announces First Quarter 2017 Earnings Results
finance.yahoo.com - May 6 at 1:41 AM
finance.yahoo.com logoWhiteHorse posts 1Q profit
finance.yahoo.com - May 6 at 1:41 AM
finance.yahoo.com logoInvestor Network: WhiteHorse Finance, Inc. to Host Earnings Call
finance.yahoo.com - May 6 at 1:41 AM
americanbankingnews.com logoWhiteHorse Finance Inc (WHF) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - May 4 at 11:30 PM
americanbankingnews.com logoWhiteHorse Finance (WHF) Receives Daily Media Sentiment Score of 0.14
www.americanbankingnews.com - May 4 at 4:43 PM
americanbankingnews.com logoWhiteHorse Finance Inc (WHF) to Release Quarterly Earnings on Friday
www.americanbankingnews.com - May 3 at 11:56 AM
americanbankingnews.com logo Brokerages Anticipate WhiteHorse Finance Inc (WHF) Will Announce Quarterly Sales of $12.1 Million
www.americanbankingnews.com - April 30 at 8:17 AM
americanbankingnews.com logoWhiteHorse Finance (WHF) Getting Somewhat Positive News Coverage, Analysis Finds
www.americanbankingnews.com - April 29 at 10:42 AM
americanbankingnews.com logo Analysts Expect WhiteHorse Finance Inc (WHF) to Announce $0.36 EPS
www.americanbankingnews.com - April 29 at 1:22 AM
americanbankingnews.com logoWhiteHorse Finance (WHF) Receiving Somewhat Favorable News Coverage, Study Shows
www.americanbankingnews.com - April 25 at 3:24 PM
americanbankingnews.com logoWhiteHorse Finance (WHF) Given Daily News Sentiment Score of -0.18
www.americanbankingnews.com - April 21 at 12:54 PM
americanbankingnews.com logoWhiteHorse Finance (WHF) Getting Somewhat Favorable Press Coverage, Analysis Finds
www.americanbankingnews.com - April 14 at 12:30 PM
americanbankingnews.com logoWhiteHorse Finance Inc (WHF) Sees Large Increase in Short Interest
www.americanbankingnews.com - April 10 at 7:48 AM
americanbankingnews.com logoWhiteHorse Finance Inc (WHF) Expected to Post Quarterly Sales of $12.1 Million
www.americanbankingnews.com - April 9 at 8:16 AM
americanbankingnews.com logoWhiteHorse Finance Inc (WHF) Expected to Post Earnings of $0.36 Per Share
www.americanbankingnews.com - April 7 at 6:33 PM
americanbankingnews.com logoWhiteHorse Finance Inc (whf) Declares $0.06 Quarterly Dividend
www.americanbankingnews.com - March 21 at 8:25 AM
finance.yahoo.com logo/C O R R E C T I O N -- WhiteHorse Finance, Inc./
finance.yahoo.com - March 17 at 8:25 PM
biz.yahoo.com logoWHITEHORSE FINANCE, INC. Files SEC form 8-K/A, Regulation FD Disclosure
biz.yahoo.com - March 17 at 8:25 PM
biz.yahoo.com logoQ4 2016 WhiteHorse Finance Inc Earnings Release - Before Market Open
us.rd.yahoo.com - March 4 at 4:21 AM
finance.yahoo.com logoEdited Transcript of WHF earnings conference call or presentation 2-Mar-17 3:00pm GMT
finance.yahoo.com - March 3 at 6:44 AM
us.rd.yahoo.com logoWhiteHorse Finance, Inc. To Report Fourth Quarter And Full Year 2016 Financial Results
us.rd.yahoo.com - February 10 at 6:38 AM
finance.yahoo.com logoEdited Transcript of WHF earnings conference call or presentation 3-Nov-16 2:00pm GMT
finance.yahoo.com - November 4 at 12:35 PM
finance.yahoo.com logoWhiteHorse Finance, Inc. To Report Third Quarter Financial Results
finance.yahoo.com - October 18 at 7:55 PM
finance.yahoo.com logoWhitehorse Finance Downgraded To Neutral At Baird, Cites Higher Balance Sheet Risk
finance.yahoo.com - August 9 at 8:36 PM
seekingalpha.com logoWhiteHorse Finance lower as Baird heads to sidelines
seekingalpha.com - August 9 at 2:10 PM
finance.yahoo.com logoWhiteHorse Finance downgraded by Robert W. Baird
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
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
finance.yahoo.com - August 6 at 10:49 AM
cnbc.com logoWhiteHorse misses 2Q profit forecasts
www.cnbc.com - August 5 at 11:21 AM
prnewswire.com logoWhiteHorse Finance, Inc. To Report Second Quarter Financial Results
www.prnewswire.com - July 11 at 8:04 PM
finance.yahoo.com logoWhy HomeStreet (HMST) Stock Upgraded to Strong Buy
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
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
biz.yahoo.com - May 25 at 4:13 PM

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Chart

WhiteHorse Finance (WHF) Chart for Tuesday, May, 30, 2017

This page was last updated on 5/30/2017 by MarketBeat.com Staff