B. Riley Forecasts Higher Earnings for WhiteHorse Finance

WhiteHorse Finance, Inc. (NASDAQ:WHF) – Equities research analysts at B. Riley lifted their Q1 2025 earnings per share estimates for WhiteHorse Finance in a research note issued to investors on Friday, November 8th. B. Riley analyst B. Rowe now forecasts that the investment management company will post earnings of $0.38 per share for the quarter, up from their previous estimate of $0.37. The consensus estimate for WhiteHorse Finance’s current full-year earnings is $1.68 per share. B. Riley also issued estimates for WhiteHorse Finance’s Q2 2025 earnings at $0.38 EPS, Q3 2025 earnings at $0.38 EPS, Q4 2025 earnings at $0.39 EPS and FY2025 earnings at $1.53 EPS.

Several other analysts have also commented on WHF. Raymond James restated a “market perform” rating on shares of WhiteHorse Finance in a report on Friday, November 8th. StockNews.com lowered WhiteHorse Finance from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. JPMorgan Chase & Co. reduced their price target on WhiteHorse Finance from $12.50 to $11.50 and set an “underweight” rating on the stock in a research note on Monday, July 29th. Finally, Oppenheimer lowered WhiteHorse Finance from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $14.00 to $12.00 in a research report on Monday. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company. According to data from MarketBeat.com, WhiteHorse Finance presently has an average rating of “Hold” and a consensus target price of $12.25.

WhiteHorse Finance Stock Down 0.7 %

Shares of NASDAQ WHF opened at $10.59 on Monday. The firm has a fifty day simple moving average of $11.73 and a two-hundred day simple moving average of $12.17. WhiteHorse Finance has a 12 month low of $10.57 and a 12 month high of $13.44. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 1.15. The firm has a market capitalization of $246.11 million, a PE ratio of 23.70 and a beta of 1.28.

Institutional Investors Weigh In On WhiteHorse Finance

A number of institutional investors have recently modified their holdings of WHF. Sound Income Strategies LLC boosted its stake in WhiteHorse Finance by 4.7% in the 3rd quarter. Sound Income Strategies LLC now owns 895,062 shares of the investment management company’s stock worth $10,356,000 after purchasing an additional 39,839 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in shares of WhiteHorse Finance by 12.6% in the third quarter. Advisors Asset Management Inc. now owns 192,908 shares of the investment management company’s stock worth $2,232,000 after buying an additional 21,616 shares in the last quarter. Atria Wealth Solutions Inc. grew its holdings in shares of WhiteHorse Finance by 16.0% during the second quarter. Atria Wealth Solutions Inc. now owns 64,275 shares of the investment management company’s stock valued at $813,000 after buying an additional 8,866 shares during the last quarter. Marshall Wace LLP purchased a new position in WhiteHorse Finance in the 2nd quarter worth approximately $647,000. Finally, Blue Trust Inc. lifted its position in WhiteHorse Finance by 15.2% in the 3rd quarter. Blue Trust Inc. now owns 38,000 shares of the investment management company’s stock valued at $466,000 after acquiring an additional 5,000 shares in the last quarter. 13.20% of the stock is owned by hedge funds and other institutional investors.

WhiteHorse Finance Increases Dividend

The business also recently disclosed a — dividend, which will be paid on Friday, January 3rd. Shareholders of record on Friday, December 20th will be paid a dividend of $0.385 per share. This is a boost from WhiteHorse Finance’s previous — dividend of $0.05. The ex-dividend date is Friday, December 20th. This represents a yield of 13.9%. WhiteHorse Finance’s payout ratio is presently 342.23%.

About WhiteHorse Finance

WhiteHorse Finance, Inc is business development company, non-diversified, closed end management company specializing in originating senior secured loans, lower middle market, growth capital industries. It invests in broadline retail, office services and supplies, building products, health care services, health care supplies, research and consulting services, application software, home furnishings, specialized consumer services, data processing and outsourced services, leisure facilities, cable, and satellite.