Somewhat Favorable News Coverage Somewhat Unlikely to Impact WhiteHorse Finance (WHF) Stock Price

News articles about WhiteHorse Finance (NASDAQ:WHF) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. WhiteHorse Finance earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the investment management company an impact score of 46.6757243818431 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

WHF stock opened at $12.99 on Wednesday. The firm has a market cap of $266.09, a PE ratio of 9.62 and a beta of 0.63. The company has a quick ratio of 2.78, a current ratio of 2.78 and a debt-to-equity ratio of 0.63. WhiteHorse Finance has a twelve month low of $10.92 and a twelve month high of $15.05.

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WhiteHorse Finance (NASDAQ:WHF) last released its quarterly earnings data on Friday, March 2nd. The investment management company reported $0.33 EPS for the quarter, meeting analysts’ consensus estimates of $0.33. The business had revenue of $13.92 million during the quarter, compared to the consensus estimate of $12.59 million. WhiteHorse Finance had a return on equity of 9.46% and a net margin of 62.86%. equities research analysts predict that WhiteHorse Finance will post 1.41 earnings per share for the current fiscal year.



The firm also recently declared a quarterly dividend, which was paid on Monday, April 2nd. Shareholders of record on Monday, March 26th were issued a $0.355 dividend. The ex-dividend date was Friday, March 23rd. This represents a $1.42 annualized dividend and a dividend yield of 10.93%. WhiteHorse Finance’s dividend payout ratio (DPR) is currently 105.19%.

WHF has been the topic of a number of recent analyst reports. BidaskClub raised WhiteHorse Finance from a “strong sell” rating to a “sell” rating in a research note on Monday, February 5th. Zacks Investment Research raised WhiteHorse Finance from a “sell” rating to a “hold” rating in a research note on Friday, April 13th. Deutsche Bank started coverage on WhiteHorse Finance in a research report on Thursday, March 29th. They set a “buy” rating and a $14.50 target price for the company. Ladenburg Thalmann upgraded WhiteHorse Finance from a “neutral” rating to a “buy” rating and set a $13.00 target price for the company in a research report on Monday, March 5th. Finally, JPMorgan Chase upgraded WhiteHorse Finance from an “underweight” rating to a “neutral” rating and set a $11.50 target price for the company in a research report on Wednesday, April 11th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $13.80.

In other WhiteHorse Finance news, Director John Bolduc purchased 7,201 shares of the stock in a transaction on Monday, April 2nd. The stock was bought at an average cost of $12.50 per share, for a total transaction of $90,012.50. Following the completion of the acquisition, the director now directly owns 157,146 shares of the company’s stock, valued at $1,964,325. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Stuart D. Aronson purchased 2,000 shares of the stock in a transaction on Wednesday, March 7th. The stock was acquired at an average price of $12.58 per share, with a total value of $25,160.00. Following the completion of the acquisition, the chief executive officer now directly owns 12,000 shares of the company’s stock, valued at $150,960. The disclosure for this purchase can be found here. Insiders acquired 9,401 shares of company stock valued at $117,743 over the last 90 days. Corporate insiders own 1.40% of the company’s stock.

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WhiteHorse Finance Company Profile

WhiteHorse Finance, LLC is a business development company.

Insider Buying and Selling by Quarter for WhiteHorse Finance (NASDAQ:WHF)

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