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NASDAQ:LRFC

Logan Ridge Finance (LRFC) Stock Price, News & Analysis

Logan Ridge Finance logo
$24.93 -0.46 (-1.81%)
(As of 11/22/2024 ET)

About Logan Ridge Finance Stock (NASDAQ:LRFC)

Key Stats

Today's Range
$24.88
$25.09
50-Day Range
$23.90
$25.50
52-Week Range
$20.65
$25.74
Volume
5,626 shs
Average Volume
3,923 shs
Market Capitalization
$66.56 million
P/E Ratio
N/A
Dividend Yield
5.78%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Logan Ridge Finance Corporation, formerly known as, Capitala Finance Corp. is a Business Development Company specializing in senior subordinated debt and unitranche debt, unitranche loan, first-lien and second-lien loans, lower middle market and middle market, equity co-investment in sponsored companies. The fund targets companies in the Aerospace, defense, business services, education, food and beverage, Industrial & Environmental Services, logistics, distribution, media, telecommunication, manufacturing, consumer goods and health-care industries. It typically considers investments in the United States. The fund invests $5 million and $50 million per transaction in companies with EBITDA between $5 million to $50 million and enterprise value less than $250 million. The fund makes minority equity co-investments, alongside management or financial sponsors.

Logan Ridge Finance Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
44th Percentile Overall Score

LRFC MarketRank™: 

Logan Ridge Finance scored higher than 44% of companies evaluated by MarketBeat, and ranked 670th out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Logan Ridge Finance.

  • Earnings Growth

    Earnings for Logan Ridge Finance are expected to grow by 5.84% in the coming year, from $1.37 to $1.45 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Logan Ridge Finance is -19.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Logan Ridge Finance is -19.79, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Logan Ridge Finance has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Logan Ridge Finance's valuation and earnings.
  • Percentage of Shares Shorted

    0.19% of the float of Logan Ridge Finance has been sold short.
  • Short Interest Ratio / Days to Cover

    Logan Ridge Finance has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Logan Ridge Finance has recently decreased by 30.30%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Logan Ridge Finance is a leading dividend payer. It pays a dividend yield of 5.70%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

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

  • Dividend Sustainability

    Based on EPS estimates, Logan Ridge Finance will have a dividend payout ratio of 99.31% in the coming year. This indicates that Logan Ridge Finance may not be able to sustain their current dividend.

  • Read more about Logan Ridge Finance's dividend.
  • Percentage of Shares Shorted

    0.19% of the float of Logan Ridge Finance has been sold short.
  • Short Interest Ratio / Days to Cover

    Logan Ridge Finance has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Logan Ridge Finance has recently decreased by 30.30%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Logan Ridge Finance has a news sentiment score of 1.10. 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 higher news sentiment than the 0.81 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Logan Ridge Finance this week, compared to 0 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added Logan Ridge Finance to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

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

  • Percentage Held by Insiders

    Only 0.04% of the stock of Logan Ridge Finance is held by insiders.

  • Percentage Held by Institutions

    Only 30.87% of the stock of Logan Ridge Finance is held by institutions.

  • Read more about Logan Ridge Finance's insider trading history.
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LRFC Stock News Headlines

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LRFC Stock Analysis - Frequently Asked Questions

Logan Ridge Finance's stock was trading at $22.61 at the beginning of the year. Since then, LRFC shares have increased by 10.3% and is now trading at $24.93.
View the best growth stocks for 2024 here
.

Logan Ridge Finance Co. (NASDAQ:LRFC) issued its quarterly earnings data on Wednesday, November, 10th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.01 by $0.57. The firm earned $3.25 million during the quarter. Logan Ridge Finance had a positive trailing twelve-month return on equity of 3.69% and a negative net margin of 16.43%.

Top institutional investors of Logan Ridge Finance include Wealth Enhancement Advisory Services LLC (6.02%), Repertoire Partners LP (1.76%), Dakota Wealth Management (0.56%) and Empowered Funds LLC (0.53%).
View institutional ownership trends
.

Shares of LRFC 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Logan Ridge Finance investors own include Broadcom (AVGO), NVIDIA (NVDA), Arista Networks (ANET), Disc Medicine (IRON), Jabil (JBL), Adobe (ADBE) and e.l.f. Beauty (ELF).

Company Calendar

Last Earnings
11/10/2021
Ex-Dividend for 8/30 Dividend
8/22/2024
Dividend Payable
8/30/2024
Ex-Dividend for 11/29 Dividend
11/19/2024
Today
11/23/2024
Dividend Payable
11/29/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/25/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Investors, not elsewhere classified
Sub-Industry
Financial Services
Current Symbol
NASDAQ:LRFC
Employees
1
Year Founded
N/A

Profitability

Net Income
$-2,480,000.00
Pretax Margin
-16.43%

Debt

Sales & Book Value

Annual Sales
$20.18 million
Book Value
$32.38 per share

Miscellaneous

Free Float
2,666,000
Market Cap
$66.56 million
Optionable
Not Optionable
Beta
1.27
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This page (NASDAQ:LRFC) was last updated on 11/23/2024 by MarketBeat.com Staff
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