WhiteHorse Finance (WHF) Stock Price, News & Analysis

Company Overview

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 invests in broadline retail, office services and supplies, building products, health care services, health care supplies, research and consulting services, application software, home furnishings, specialized consumer services, data processing and outsourced services, leisure facilities, cable, and satellite. 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.

Key Stats

• Today's Range: $10.43 to $10.53
• 50-Day Range: $10.48 to $12.27
• 52-Week Range: $10.43 to $13.44
• Volume: 24,257 shs
• Average Volume: 82,686 shs
• Market Capitalization: $243.32 million
• P/E Ratio: 23.27
• Dividend Yield: 14.71%
• Price Target: $12.25
• Consensus Rating: Reduce

WhiteHorse Finance Stock Analysis - MarketRank™

WhiteHorse Finance scored higher than 44% of companies evaluated by MarketBeat, and ranked 697th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.9 / 5
• Analyst Rating: Reduce

Consensus Rating

WhiteHorse Finance has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on no buy ratings, 3 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

WhiteHorse Finance has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: -12.05%

Earnings Growth

Earnings for WhiteHorse Finance are expected to decrease by -12.05% in the coming year, from $1.66 to $1.46 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of WhiteHorse Finance is 23.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of WhiteHorse Finance is 23.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.55.

Price to Book Value per Share Ratio

WhiteHorse Finance has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.31% of the float of WhiteHorse Finance has been sold short.

Short Interest Ratio / Days to Cover

WhiteHorse Finance has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in WhiteHorse Finance has recently increased by 16.62%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

WhiteHorse Finance is a leading dividend payer. It pays a dividend yield of 14.62%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

WhiteHorse Finance does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of WhiteHorse Finance is 342.23%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, WhiteHorse Finance will have a dividend payout ratio of 105.48% in the coming year. This indicates that WhiteHorse Finance may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.31% of the float of WhiteHorse Finance has been sold short.

Short Interest Ratio / Days to Cover

WhiteHorse Finance has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in WhiteHorse Finance has recently increased by 16.62%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.43

News Sentiment

WhiteHorse Finance has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for WhiteHorse Finance this week, compared to 1 article on an average week.

Search Interest

3 people have searched for WHF on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

2 people have added WhiteHorse Finance to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, WhiteHorse Finance insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.30% of the stock of WhiteHorse Finance is held by insiders.

Percentage Held by Institutions

Only 13.20% of the stock of WhiteHorse Finance is held by institutions.

WHF Stock Analysis - Frequently Asked Questions

How have WHF shares performed this year?

WhiteHorse Finance's stock was trading at $12.30 on January 1st, 2024. Since then, WHF stock has decreased by 14.8% and is now trading at $10.48.
View the best growth stocks for 2024 here.

How were WhiteHorse Finance's earnings last quarter?

WhiteHorse Finance, Inc. (NASDAQ:WHF) posted its quarterly earnings data on Thursday, August, 8th. The investment management company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by $0.05. The investment management company had revenue of $23.48 million for the quarter, compared to the consensus estimate of $24.72 million. WhiteHorse Finance had a net margin of 10.65% and a trailing twelve-month return on equity of 12.86%.

Who are WhiteHorse Finance's major shareholders?

WhiteHorse Finance's top institutional investors include Sound Income Strategies LLC (3.85%), Advisors Asset Management Inc. (0.83%), Connor Clark & Lunn Investment Management Ltd. (0.26%) and Blue Trust Inc. (0.16%). Insiders that own company stock include Anthony Tamer and John Bolduc.
View institutional ownership trends.

How do I buy shares of WhiteHorse Finance?

Shares of WHF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of WhiteHorse Finance own?

Based on aggregate information from My MarketBeat watchlists, some other companies that WhiteHorse Finance investors own include Rithm Capital (RITM), Annaly Capital Management (NLY), AGNC Investment (AGNC), Medical Properties Trust (MPW), AT&T (T), Ares Capital (ARCC) and TriplePoint Venture Growth BDC (TPVG).

Company Calendar

• Last Earnings: 8/08/2024
• Ex-Dividend for 12/10 Dividend: 10/31/2024
• Today: 11/21/2024
• Dividend Payable: 12/10/2024
• Ex-Dividend for 1/3 Dividend: 12/20/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/03/2025
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Investment offices, not elsewhere classified
• Sub-Industry: Asset Management & Custody Banks
• Current Symbol: NASDAQ:WHF
• CUSIP: 96524V10
• CIK: 1552198
• Web: www.whitehorsefinance.com
• Phone: (305) 381-6999
• Fax: 305-379-2013
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $12.25
• High Stock Price Target: $13.25
• Low Stock Price Target: $11.50
• Potential Upside/Downside: +16.9%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.45
• Trailing P/E Ratio: 23.29
• Forward P/E Ratio: 6.31
• P/E Growth: N/A
• Net Income: $20.41 million
• Net Margins: 10.65%
• Pretax Margin: 10.65%
• Return on Equity: 12.86%
• Return on Assets: 5.59%

Debt

• Debt-to-Equity Ratio: 1.19
• Current Ratio: 0.98
• Quick Ratio: 0.98

Sales & Book Value

• Annual Sales: $103.26 million
• Price / Sales: 2.36
• Cash Flow: $1.70 per share
• Price / Cash Flow: 6.18
• Book Value: $12.77 per share
• Price / Book: 0.82

Miscellaneous

• Outstanding Shares: 23,240,000
• Free Float: 22,708,000
• Market Cap: $243.56 million
• Optionable: Optionable
• Beta: 1.28