WhiteHorse Finance (WHF) Projected to Post Earnings on Monday

WhiteHorse Finance (NASDAQ:WHF) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Monday, May 12th. Analysts expect WhiteHorse Finance to post earnings of $0.33 per share and revenue of $19.98 million for the quarter.

WhiteHorse Finance (NASDAQ:WHF) last released its earnings results on Friday, March 7th. The investment management company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.05). WhiteHorse Finance had a net margin of 10.65% and a return on equity of 12.86%. The company had revenue of $21.01 million during the quarter, compared to analyst estimates of $22.43 million. During the same period in the prior year, the firm posted $0.46 EPS. On average, analysts expect WhiteHorse Finance to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

WhiteHorse Finance Stock Performance

Shares of NASDAQ WHF opened at $9.26 on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a 50 day moving average price of $9.60 and a 200 day moving average price of $10.22. The stock has a market capitalization of $215.23 million, a PE ratio of 20.58 and a beta of 0.84. WhiteHorse Finance has a 52 week low of $8.44 and a 52 week high of $13.44.

WhiteHorse Finance Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, March 21st were issued a $0.385 dividend. This represents a $1.54 annualized dividend and a dividend yield of 16.63%. The ex-dividend date was Friday, March 21st. WhiteHorse Finance’s payout ratio is presently 327.66%.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. dropped their price target on shares of WhiteHorse Finance from $9.50 to $9.00 and set an “underweight” rating on the stock in a research report on Monday, March 10th.

Insider Activity

In related news, Director John Bolduc bought 22,360 shares of WhiteHorse Finance stock in a transaction that occurred on Tuesday, April 8th. The stock was acquired at an average price of $8.94 per share, with a total value of $199,898.40. Following the acquisition, the director now owns 237,885 shares of the company’s stock, valued at approximately $2,126,691.90. This represents a 10.37 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.30% of the company’s stock.

About WhiteHorse Finance

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.