WhiteHorse Finance, Inc. is business development company, non-diversified, closed end management company specializing in originating senior secured loans, lower middle market, growth capital industries. It prefers to invest in United States. It typically invests between $5 million to $25 million in companies having enterprise value of between $50 million and $350 million.
Analyst Upgrades and Downgrades
Several analysts recently commented on WHF shares. Hovde Group upped their target price on WhiteHorse Finance to $15.00 in a report on Monday. Raymond James decreased their target price on WhiteHorse Finance from $16.00 to $15.50 and set an "outperform" rating for the company in a research report on Thursday, August 11th. StockNews.com upgraded WhiteHorse Finance from a "sell" rating to a "hold" rating in a research note on Wednesday. Finally, TheStreet upgraded WhiteHorse Finance from a "c" rating to a "b-" rating in a research report on Monday, June 6th. Three analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $15.25.
WhiteHorse Finance Trading Up 0.1 %
Shares of NASDAQ:WHF traded up $0.01 during trading on Thursday, hitting $15.01. The company had a trading volume of 102 shares, compared to its average volume of 29,667. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.98 and a quick ratio of 0.98. The company has a fifty day simple moving average of $13.69 and a two-hundred day simple moving average of $14.45. WhiteHorse Finance has a one year low of $12.35 and a one year high of $16.22. The stock has a market cap of $348.83 million, a price-to-earnings ratio of 13.51 and a beta of 1.23.
WhiteHorse Finance Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 4th. Stockholders of record on Tuesday, September 20th will be given a $0.355 dividend. The ex-dividend date of this dividend is Monday, September 19th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 9.46%. WhiteHorse Finance's payout ratio is 127.93%.