WhiteHorse Finance (WHF) Receives Media Impact Score of 0.18
News headlines about WhiteHorse Finance (NASDAQ:WHF) have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. WhiteHorse Finance earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media headlines about the investment management company an impact score of 50 out of 100, meaning that recent news coverage is somewhat likely to have an impact on the stock’s share price in the near future.
Several research analysts recently commented on the company. Zacks Investment Research lowered WhiteHorse Finance from a “hold” rating to a “sell” rating in a research report on Tuesday, March 7th. ValuEngine upgraded WhiteHorse Finance from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 2nd. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $13.38.
Shares of WhiteHorse Finance (WHF) opened at 13.92 on Wednesday. The firm has a 50-day moving average of $14.35 and a 200 day moving average of $13.35. WhiteHorse Finance has a 52 week low of $10.30 and a 52 week high of $14.75.
WhiteHorse Finance (NASDAQ:WHF) last released its earnings results on Friday, May 5th. The investment management company reported $0.36 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.36. WhiteHorse Finance had a net margin of 65.58% and a return on equity of 10.78%. The firm had revenue of $13.58 million during the quarter, compared to the consensus estimate of $12.10 million. On average, analysts anticipate that WhiteHorse Finance will post $1.47 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, July 6th. Investors of record on Monday, June 19th will be issued a $0.355 dividend. The ex-dividend date of this dividend is Thursday, June 15th. This represents a $1.42 dividend on an annualized basis and a yield of 10.20%. WhiteHorse Finance’s payout ratio is 73.58%.
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WhiteHorse Finance Company Profile
WhiteHorse Finance, Inc is a non-diversified, closed-end management investment company. The Company is a direct lender targeting debt investments in privately held, small-cap companies located in the United States. The Company’s investment objective is to generate attractive risk-adjusted returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing small-cap companies across a range of industries that typically carry a floating interest rate based on the London Interbank Offered Rate (LIBOR) and have a term of 3 to 6 years.
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