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WHITEHORSE FINANCE INC (NASD: WHF)
Last Trade
4:00 p.m. - 13.61
Change
 0.04 ( 0.29%)
Shares Traded
281
Day's Volume
51,095
Book Value
NA
Price/Book
NA
Beta
0.9183
Day's Range
13.50 - 13.7596
Prev Close
13.65
Open
13.59
52 Wk Range
5.51 - 14.43
EPS
1.5
PE
9.07
Quarterly Div/Shr
0.355
Ex-Div
12/18/20
Yield
10.43%
Shares Out.
20.55M
Market Cap.
279.63M
  • 1 Year Stock Performance:

CAGR - Chart the growth of a $10K investment in WHF

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Related news from
Tue, 08 Dec 2020
21:05:00 +0000
WhiteHorse Finance, Inc. Comments on Recent Transfer of Common Shares by H.I.G. Capital, LLC Affiliates
WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today issued the following statement regarding the recent ownership transfer of common shares held by funds affiliated by H.I.G. Capital:
Fri, 04 Dec 2020
21:05:00 +0000
WhiteHorse Finance, Inc. Closes $20.0 Million Follow-On Notes Offering
WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced that it has sold $20.0 million aggregate principal amount of notes consisting of $10.0 million of 5.375% notes due 2026 (the "2026 Notes") and $10.0 million of 5.625% notes due 2027 (the "2027 Notes", and together with the 2026 Notes, the "Notes"). The Notes were issued in a privately placed follow-on offering in connection with the $40.0 million in aggregate principal amount of 5.375% notes due 2025 that the Company issued on October 20, 2020.
Fri, 27 Nov 2020
21:55:53 +0000
Where Do Hedge Funds Stand On WhiteHorse Finance, Inc. (WHF)?
In this article we are going to use hedge fund sentiment as a tool and determine whether WhiteHorse Finance, Inc. (NASDAQ:WHF) is a good investment right now. We like to analyze hedge fund sentiment before conducting days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, […]
Fri, 13 Nov 2020
19:11:32 +0000
3 Big Dividend Stocks Yielding at Least 10%; Analysts Say ‘Buy’
Markets continued their upward trend this week, gaining ground since the November 3 vote. There is an optimistic view that politics will settle into a more normal pattern with a new Administration. Even so, investors have been wary this past autumn – as there is plenty to be wary about. The coronavirus has started a comeback with the advent of cooler weather, and the political uncertainty that surrounded the election has left the status of further economic stimulus packages in limbo.It’s times like these that investors start taking a renewed interest in dividend stocks. These are the classic defensive stocks, and for good reason: a reliable dividend keeps the income flowing, no matter what the markets do. Wall Street analysts have chimed in – and they are recommending high-yield dividend stocks for investors looking to find protection for their portfolio. Here, we’ll take a look at three stocks that fit a profile -- a dividend yield that gives at least 10%, and a Strong Buy rating from the analyst community.Stellus Capital (SCM)Stellus Capital offers capital solutions (read: debt financing) for companies in the lower mid-market range. These are companies that may have difficulty accessing capital through large banks; Stellus shoulders the higher risk as an investment opportunity. The capital company’s portfolio includes 67 companies, $1.6 billion in assets under management, and over $6 billion in total funds invested.Stellus has been raising its dividend payment this year. The next dividend has already been declared for December, and shows an effective increase to 31 cents per common share. This comes from combining the regular 25 cent payment with a special 6-cent dividend, and after the company paid out 25 cents per share in the previous two quarters. Counting the regular dividend, the payment annualizes to $1 per common share, and gives a yield of 10.91%.Writing from Raymond James, analyst Robert Dodd says, “Core earnings covered the base dividend in 3Q20, and a strong spillover position should cushion the dividend in 2021. We continue to view the risk /reward attractively."The analyst added, "The SCM pipeline looks robust, with ~10 portfolio companies going through various stages of due diligence. Repayments in 4Q20 could be as high as $30M - with a modest positive impact to NAV from exits above fair value marks at 3Q20.”To this end, Dodd rates SCM shares an Outperform (i.e. Buy) along with a $11 price target. This figure implies a 17% upside from current levels. (To watch Dodd’s track record, click here)Overall, Stellus’ Strong Buy analyst consensus rating is based on 4 reviews, including 3 Buys and 1 Hold. The stock is selling for $9.43 and its average price target of $10.17 suggests it has a one-year upside potential of ~8%. (See SCM stock analysis on TipRanks)WhiteHorse Finance (WHF)Next up is WhiteHorse Finance, another BDC. WhiteHorse’s focus is on small-cap companies, valued at $50 million to $350 million, and WHF’s investments are typically in the $10 million to $50 million range. WhiteHorse’s portfolio totals more than $595 million.A better outlook for the future, based on earnings recovery, has given a firm foundation to dividend payments, and WhiteHorse has kept up its 35.5 cents regular dividend. Combined with a 12.5 cent special dividend, this makes the most recent payment 48 cents per common share. The yield is a sky-high 12.29%.Oppenheimer analyst Chris Kotowski is upbeat about WhiteHorse, noting “WHF reported 3Q20 core net investment income (NII) of $0.38/share versus our $0.32 estimate and consensus' $0.29E. The bottom line was boosted by an interest recovery, but what encouraged us most was both growth and improvement in asset quality. $58.3M of funding activity was only partially offset by only $26.5M of repayments, driving ~8.8% linked-quarter growth in investments alongside mark appreciation."The 5-star analyst added, "Management seemed optimistic about the outlook for loan growth, saying that it was perhaps the best environment they had seen since 2012–2013, and they clearly have the capacity to put capital to work. The current gross leverage of 0.94x (and net 0.87x) sits below management's 1.00–1.25x target leverage, leaving ample room for growth in coming quarters amidst a strong investment pipeline."As a result, Kotowski gives the stock an Outperform (i.e. Buy) rating, and his $15 price target implies a robust 29% upside for the year ahead. (To watch Kotowski’s track record, click here)Overall, WhiteHorse has a unanimous Strong Buy analyst consensus rating, with 3 buy-side reviews on record. The stock is currently priced at $11.65 and its $13.25 average price target suggests it has a one-year upside of 14%. (See WHF stock analysis on TipRanks)Capital Southwest Corporation (CSWC)Last but not least is Capital Southwest, another Texas-based company in the business development sector. CSWC focuses on lending and credit options for mid-market companies. Capital Southwest boasts a portfolio featuring $664 million invested into 69 companies, and has over $150 million in liquidity available.Revenues have been recovering since going negative in Q1, at the height of the corona crisis. Sequential gains in both Q1 and Q2 have brought quarterly revenues to $21 million, while earnings in Q3 showed a strong spike to 45 cents per share, the highest value in over two years.Rising earnings have allowed Capital Southwest to keep up its history of reliable dividend payments. The company raised its dividend going into 2020, and has maintained the 51-cent payment all year. The 10.5% yield is more than 4x higher than the average found among financial sector peer companies, bringing CSWC to the attention of dividend investors.Among CSWC's fans is JMP analyst Devin Ryan, who rates the stock a Buy and gives it a $17 price target. (To watch Ryan's track record, click here)"Overall, we think results for the quarter were strong and that Capital Southwest is one of the most attractive ways to gain exposure to lower-middle-market direct originations. We highlight improving credit quality, strong portfolio growth, a solid pipeline of deal flow, sustainable core/supplemental dividends and management’s focus on expenses as reasons we think the stock is positioned to outperform," Ryan opined.All in all, CSWC has a Strong Buy rating from the analyst consensus, with 3 recent Buy reviews and 1 Hold. Shares have an average price target of $15.67, which is almost flat compared to the current trading price. The real return here is in the dividend. (See CSWC stock analysis at TipRanks)
Mon, 09 Nov 2020
17:15:00 +0000
WhiteHorse Finance, Inc. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / November 9, 2020 / WhiteHorse Finance, Inc.
Mon, 09 Nov 2020
14:25:02 +0000
WhiteHorse Finance (WHF) Matches Q3 Earnings Estimates
WhiteHorse (WHF) delivered earnings and revenue surprises of 0.00% and 14.48%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Mon, 09 Nov 2020
13:48:48 +0000
WhiteHorse Finance: Q3 Earnings Insights
Shares of WhiteHorse Finance (NASDAQ:WHF) remained unaffected after the company reported Q3 results.Quarterly Results Earnings per share decreased 5.00% year over year to $0.38, which beat the estimate of $0.29.Revenue of $16,497,000 declined by 7.09% year over year, which beat the estimate of $13,780,000.Guidance Earnings guidance hasn't been issued by the company for now.WhiteHorse Finance hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: Nov 09, 2020View more earnings on WHFTime: 02:00 PMET Webcast URL: https://edge.media-server.com/mmc/p/yc357nb9Technicals Company's 52-week high was at $14.4552-week low: $5.51Price action over last quarter: down 4.05%Company Profile WhiteHorse Finance Inc is a non-diversified, closed-end management investment company. It makes debt investments in privately held, small-cap companies located in North America. Its investment objective is to generate attractive risk-adjusted returns for investors, primarily by originating senior secured loans to privately held small-cap companies across a broad range of industries.See more from Benzinga * Click here for options trades from Benzinga * Earnings Scheduled For November 9, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Mon, 09 Nov 2020
13:00:00 +0000
WhiteHorse Finance, Inc. Announces Third Quarter 2020 Earnings Results and Declares Quarterly Distribution of $0.355 Per Share
WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the quarter ended September 30, 2020. Additionally, the Company announced that its board of directors has declared a distribution of $0.355 per share with respect to the quarter ending December 31, 2020. The distribution will be payable on January 5, 2021 to stockholders of record as of December 21, 2020.
Mon, 02 Nov 2020
17:30:05 +0000
Analysts Estimate WhiteHorse Finance (WHF) to Report a Decline in Earnings: What to Look Out for
WhiteHorse (WHF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Tue, 20 Oct 2020
12:45:00 +0000
Whitehorse Finance, Inc. Announces Closing of Offering of $40.0 Million Notes Due 2025
WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced that it has sold in a private offering, $40.0 million aggregate principal amount of its 5.375% Notes due 2025 (the "2025 Notes"). The 2025 Notes were offered only to qualified institutional buyers (as defined in the Securities Act of 1933, as amended (the "Securities Act")) in reliance on Section 4(a)(2) of the Securities Act. The Company intends to use the net proceeds from this offering to refinance and/or redeem existing debt and/or for general corporate purposes.
Fri, 16 Oct 2020
12:00:00 +0000
WhiteHorse Finance, Inc. To Report Third Quarter 2020 Financial Results
WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced that it will release its third quarter financial results for the period ended September 30, 2020 on Monday, November 9, 2020. The Company will discuss its financial results on a conference call that day at 2:00 p.m. ET.
Fri, 09 Oct 2020
12:00:00 +0000
WhiteHorse Finance, Inc. Announces Special Distribution
WhiteHorse Finance, Inc. (the "Company") (Nasdaq: WHF) today announced that its board of directors has declared a special distribution of $0.125 per share, which will be payable on December 10, 2020 to stockholders of record as of October 30, 2020.
Mon, 10 Aug 2020
13:25:01 +0000
WhiteHorse Finance (WHF) Q2 Earnings and Revenues Miss Estimates
WhiteHorse (WHF) delivered earnings and revenue surprises of -13.79% and -7.76%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Mon, 10 Aug 2020
12:19:40 +0000
WhiteHorse Finance: Q2 Earnings Insights
Shares of WhiteHorse Finance (NASDAQ:WHF) rose 3.8% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share decreased 27.78% year over year to $0.26, which missed the estimate of $0.28.Revenue of $13,823,000 declined by 13.52% from the same period last year, which missed the estimate of $14,350,000.Outlook Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.Conference Call Details Date: Aug 10, 2020View more earnings on WHFTime: 02:00 PMET Webcast URL: https://edge.media-server.com/mmc/p/sogios2rRecent Stock Performance Company's 52-week high was at $14.4552-week low: $5.51Price action over last quarter: Up 20.28%Company Profile WhiteHorse Finance Inc is a non-diversified, closed-end management investment company. It makes debt investments in privately held, small-cap companies located in North America. Its investment objective is to generate attractive risk-adjusted returns for investors, primarily by originating senior secured loans to privately held small-cap companies across a broad range of industries.See more from Benzinga * Earnings Scheduled For August 10, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Mon, 10 Aug 2020
12:00:00 +0000
WhiteHorse Finance, Inc. Announces Second Quarter 2020 Earnings Results and Declares Quarterly Distribution of $0.355 Per Share
WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the quarter ended June 30, 2020. Additionally, the Company announced that its board of directors has declared a distribution of $0.355 per share with respect to the quarter ending September 30, 2020. The distribution will be payable on October 2, 2020 to stockholders of record as of September 21, 2020.
Mon, 03 Aug 2020
09:44:24 +0000
Edited Transcript of WHF.OQ earnings conference call or presentation 11-May-20 6:30pm GMT
Q1 2020 WhiteHorse Finance Inc Earnings Call
Tue, 21 Jul 2020
12:00:00 +0000
WhiteHorse Finance, Inc. To Report Second Quarter 2020 Financial Results
WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (NASDAQ:WHF) today announced that it will release its second quarter financial results for the period ended June 30, 2020 on Monday, August 10, 2020. The Company will discuss its financial results on a conference call that day at 2:00 p.m. ET.
Tue, 30 Jun 2020
13:30:01 +0000
Should Value Investors Choose WhiteHorse Finance (WHF) Stock?
Let's see if WhiteHorse Finance (WHF) stock is a good choice for value-oriented investors right now from multiple angles.
Thu, 11 Jun 2020
12:34:12 +0000
New Strong Sell Stocks for June 11th
Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today
Wed, 10 Jun 2020
20:19:18 +0000
Is WhiteHorse Finance, Inc. (WHF) A Good Stock To Buy?
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

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Whitehorse Finance Inc (WHF)