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

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.

Key Stats

• Today's Range: $25.80 to $25.98
• 50-Day Range: $23.90 to $25.98
• 52-Week Range: $20.65 to $25.99
• Volume: 1,143 shs
• Average Volume: 4,025 shs
• Market Capitalization: $68.91 million
• P/E Ratio: N/A
• Dividend Yield: 5.58%
• Price Target: N/A
• Consensus Rating: N/A

Logan Ridge Finance Stock Analysis - MarketRank™

Logan Ridge Finance scored higher than 24% of companies evaluated by MarketBeat, and ranked 865th out of 945 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Logan Ridge Finance.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 5.84%

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 -20.62, 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 -20.62, 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 0.80. 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

0.31% 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 1.2, 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 increased by 65.22%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Logan Ridge Finance is a leading dividend payer. It pays a dividend yield of 5.54%, 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.

Sustainability and ESG

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

Percentage of Shares Shorted

0.31% 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 1.2, 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 increased by 65.22%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.43

News Sentiment

Logan Ridge 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 0.75 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles 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.

Company Ownership

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

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.

LRFC Stock Analysis - Frequently Asked Questions

How have LRFC shares performed this year?

Logan Ridge Finance's stock was trading at $22.61 at the beginning of 2024. Since then, LRFC shares have increased by 14.9% and is now trading at $25.98.
View the best growth stocks for 2024 here.

How were Logan Ridge Finance's earnings last quarter?

Logan Ridge Finance Co. (NASDAQ:LRFC) released 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 company had revenue of $3.25 million for 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%.

Who are Logan Ridge Finance's major shareholders?

Top institutional shareholders 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.

How do I buy shares of Logan Ridge Finance?

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.

What other stocks do shareholders of Logan Ridge Finance own?

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 11/29 Dividend: 11/19/2024
• Today: 11/29/2024
• Dividend Payable: 11/29/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/25/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Investors, not elsewhere classified
• Sub-Industry: Financial Services
• Current Symbol: NASDAQ:LRFC
• CUSIP: N/A
• CIK: 1571329
• Web: www.capitalagroup.com
• Phone: (212) 891-2880
• Fax: 704-376-5877
• Employees: 1
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($1.26)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 18.96
• P/E Growth: N/A
• Net Income: $-2,480,000.00
• Net Margins: -16.43%
• Pretax Margin: -16.43%
• Return on Equity: 3.69%
• Return on Assets: 1.63%

Debt

• Debt-to-Equity Ratio: 0.11
• Current Ratio: 0.12
• Quick Ratio: 0.12

Sales & Book Value

• Annual Sales: $1.76 million
• Price / Sales: 39.35
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $32.38 per share
• Price / Book: 0.80

Miscellaneous

• Outstanding Shares: 2,667,000
• Free Float: 2,666,000
• Market Cap: $69.29 million
• Optionable: Not Optionable
• Beta: 1.27