WhiteHorse Finance (WHF) Getting Somewhat Favorable Press Coverage, Accern Reports
News stories about WhiteHorse Finance (NASDAQ:WHF) have been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. 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 media sentiment score of 0.06 on Accern’s scale. Accern also gave news articles about the investment management company an impact score of 45.523932206569 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several research firms have issued reports on WHF. Zacks Investment Research raised shares of WhiteHorse Finance from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. Robert W. Baird cut shares of WhiteHorse Finance from an “outperform” rating to a “neutral” rating and set a $15.00 price objective for the company. in a research report on Monday, October 23rd. Oppenheimer began coverage on shares of WhiteHorse Finance in a research report on Thursday, November 30th. They issued a “buy” rating and a $15.00 price objective for the company. BidaskClub cut shares of WhiteHorse Finance from a “sell” rating to a “strong sell” rating in a research report on Thursday, January 4th. Finally, ValuEngine cut shares of WhiteHorse Finance from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $15.00.
Shares of WhiteHorse Finance (WHF) opened at $13.06 on Friday. WhiteHorse Finance has a 52-week low of $12.38 and a 52-week high of $15.05. The stock has a market cap of $266.92, a PE ratio of 7.02 and a beta of 0.72. The company has a debt-to-equity ratio of 0.64, a current ratio of 3.02 and a quick ratio of 3.02.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Stockholders of record on Monday, December 18th were given a $0.355 dividend. The ex-dividend date of this dividend was Friday, December 15th. This represents a $1.42 annualized dividend and a dividend yield of 10.87%. WhiteHorse Finance’s payout ratio is presently 76.34%.
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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