WhiteHorse FinanceWHF
WHF
About: WhiteHorse Finance Inc is a non-diversified, closed-end management investment company. It makes debt investments in privately held; small-cap companies located in United States. Its investment objective is to generate risk-adjusted returns by originating and investing in senior secured loans, including first lien and second lien facilities, to performing lower middle market companies across a range of industries.
Employees: 3
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
63% more call options, than puts
Call options by funds: $152K | Put options by funds: $93K
13% more funds holding
Funds holding: 54 [Q3] → 61 (+7) [Q4]
1.16% more ownership
Funds ownership: 14.02% [Q3] → 15.18% (+1.16%) [Q4]
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
9% less capital invested
Capital invested by funds: $37.5M [Q3] → $34.2M (-$3.24M) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$9
8%
downside
Avg. target
$9
8%
downside
High target
$9
8%
downside
1 analyst rating
0 positive
0%
0 neutral
0%
1 negative
100%
JP Morgan Melissa Wedel 53% 1-year accuracy 10 / 19 met price target | 8%downside $9 | Underweight Maintained | 10 Mar 2025 |
Financial journalist opinion
Neutral
Seeking Alpha
4 weeks ago
2 BDCs With Uninterrupted Dividends: 1 Will Likely Become Aristocrat, 1 Likely About To Cut
BDCs face challenges due to declining earnings, increased private credit supply, and recession concerns, impacting dividend sustainability. Many BDCs have already cut their dividends to align earnings with the cash distributions. Yet, there is still a long list of BDCs that have maintained their base dividends safe.
Neutral
Seeking Alpha
1 month ago
WhiteHorse Finance: Still No Signs Of Improvement
WhiteHorse Finance continues to struggle with deteriorating portfolio quality and lower earnings, leading to a maintained sell rating. WHF's price declined nearly 20% over the past year, with total returns at negative 6.78%, and dividend sustainability is questionable. Despite trading at a discount to NAV, WHF's poor performance and high non-accrual rates make it less attractive compared to peers.
Negative
Seeking Alpha
1 month ago
The Moment Of Truth For BDC Dividend Investors Is Close
As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cash flows with less favorable private credit lending environment. I would say that the moment of truth for high quality BDCs is also very close, where we will see how really durable their base dividends are.
Neutral
Seeking Alpha
1 month ago
WhiteHorse Finance (WHF) Q4 2024 Earnings Call Transcript
Call Start: 14:00 January 1, 0000 2:33 PM ET WhiteHorse Finance (NASDAQ:WHF ) Q4 2024 Earnings Conference Call March 07, 2025 02:00 PM ET Company Participants Robert Brinberg - President, Rose & Company Stuart Aronson - CEO Joyson Thomas - CFO Conference Call Participants Mickey Schleien - Ladenburg Sean-Paul Adams - Raymond James Melissa Wedel - JPMorgan Operator Good afternoon. My name is David, and I will be your conference operator today.
Negative
Zacks Investment Research
1 month ago
WhiteHorse Finance (WHF) Lags Q4 Earnings and Revenue Estimates
WhiteHorse Finance (WHF) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.46 per share a year ago.
Neutral
PRNewsWire
1 month ago
WhiteHorse Finance, Inc. Announces Fourth Quarter and Full Year 2024 Earnings Results and Declares Quarterly Distribution of $0.385 Per Share
NEW YORK , March 7, 2025 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the fourth quarter and year ended December 31, 2024. In addition, the Company's board of directors has declared a distribution of $0.385 per share with respect to the fourth quarter and year ended December 31, 2024.
Negative
Seeking Alpha
1 month ago
BDC Dividend Cut Party Has Begun, Here Are Next 2 In Line
BDC Dividend Cut Party Has Begun, Here Are Next 2 In Line
Positive
Zacks Investment Research
1 month ago
Is WhiteHorse Finance (WHF) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Positive
Seeking Alpha
2 months ago
Yield Hunting Part 11: 7.92% YTM With WhiteHorse And Its Baby Bond WHFCL
WhiteHorse Finance, Inc. offers attractive risk-adjusted returns through senior secured loans to lower middle market companies, with a focus on disciplined underwriting and portfolio growth. WHFCL, WhiteHorse Finance's baby bond, is trading above par with a yield to call of 7.08% and a yield to maturity of 7.92%. WHF has a Baa2 credit score, reflecting solid asset quality, debt structure, and profitability, positioning it well within the BDC sector.
Positive
Zacks Investment Research
2 months ago
Should Value Investors Buy WhiteHorse Finance (WHF) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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