WhiteHorse Finance, Inc. (NASDAQ:WHF - Free Report) - Stock analysts at B. Riley upped their Q1 2025 earnings per share (EPS) estimates for WhiteHorse Finance in a note issued to investors on Friday, November 8th. B. Riley analyst B. Rowe now forecasts that the investment management company will post earnings per share of $0.38 for the quarter, up from their previous forecast of $0.37. The consensus estimate for WhiteHorse Finance's current full-year earnings is $1.68 per share. B. Riley also issued estimates for WhiteHorse Finance's Q2 2025 earnings at $0.38 EPS, Q3 2025 earnings at $0.38 EPS, Q4 2025 earnings at $0.39 EPS and FY2025 earnings at $1.53 EPS.
WhiteHorse Finance (NASDAQ:WHF - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The investment management company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.05). WhiteHorse Finance had a net margin of 10.65% and a return on equity of 12.68%. The firm had revenue of $23.48 million during the quarter, compared to the consensus estimate of $24.72 million. During the same quarter in the prior year, the business earned $0.46 earnings per share.
A number of other equities analysts have also issued reports on the company. Raymond James reissued a "market perform" rating on shares of WhiteHorse Finance in a report on Friday. Oppenheimer cut WhiteHorse Finance from an "outperform" rating to a "market perform" rating and decreased their price target for the stock from $14.00 to $12.00 in a research note on Monday. StockNews.com cut shares of WhiteHorse Finance from a "buy" rating to a "hold" rating in a research note on Friday. Finally, JPMorgan Chase & Co. reduced their price objective on shares of WhiteHorse Finance from $12.50 to $11.50 and set an "underweight" rating for the company in a report on Monday, July 29th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $12.25.
Check Out Our Latest Stock Analysis on WHF
WhiteHorse Finance Stock Performance
Shares of NASDAQ:WHF traded down $0.41 during trading hours on Monday, hitting $10.67. The stock had a trading volume of 215,328 shares, compared to its average volume of 82,640. The stock's fifty day simple moving average is $11.75 and its 200 day simple moving average is $12.18. The firm has a market capitalization of $247.85 million, a price-to-earnings ratio of 24.33 and a beta of 1.28. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.47 and a current ratio of 1.47. WhiteHorse Finance has a 1-year low of $10.66 and a 1-year high of $13.44.
Institutional Investors Weigh In On WhiteHorse Finance
A number of institutional investors and hedge funds have recently modified their holdings of WHF. International Assets Investment Management LLC lifted its stake in WhiteHorse Finance by 1,057.0% during the third quarter. International Assets Investment Management LLC now owns 2,314 shares of the investment management company's stock valued at $27,000 after buying an additional 2,114 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of WhiteHorse Finance in the 2nd quarter valued at approximately $647,000. CANADA LIFE ASSURANCE Co grew its position in WhiteHorse Finance by 19.7% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 18,292 shares of the investment management company's stock worth $227,000 after purchasing an additional 3,013 shares in the last quarter. EntryPoint Capital LLC acquired a new stake in WhiteHorse Finance during the 1st quarter valued at $39,000. Finally, Atria Wealth Solutions Inc. lifted its holdings in shares of WhiteHorse Finance by 16.0% in the second quarter. Atria Wealth Solutions Inc. now owns 64,275 shares of the investment management company's stock valued at $813,000 after purchasing an additional 8,866 shares in the last quarter. Institutional investors and hedge funds own 13.20% of the company's stock.
WhiteHorse Finance Increases Dividend
The firm also recently announced a -- dividend, which will be paid on Friday, January 3rd. Investors of record on Friday, December 20th will be issued a $0.385 dividend. This is an increase from WhiteHorse Finance's previous -- dividend of $0.05. This represents a dividend yield of 13.9%. The ex-dividend date is Friday, December 20th. WhiteHorse Finance's payout ratio is presently 342.23%.
WhiteHorse Finance Company Profile
(
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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.
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