WhiteHorse Finance (NASDAQ:WHF) posted its quarterly earnings data on Thursday. The investment management company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.05, Fidelity Earnings reports. WhiteHorse Finance had a return on equity of 9.62% and a net margin of 62.01%. The firm had revenue of $17.76 million for the quarter, compared to the consensus estimate of $16.82 million.
Shares of WhiteHorse Finance stock traded up $0.09 on Friday, hitting $14.03. 46,100 shares of the company’s stock traded hands, compared to its average volume of 64,333. The firm’s 50-day moving average price is $13.86 and its two-hundred day moving average price is $13.91. The stock has a market capitalization of $286.82 million, a PE ratio of 9.35 and a beta of 0.61. WhiteHorse Finance has a one year low of $11.89 and a one year high of $15.00. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.89 and a quick ratio of 1.89.
The firm also recently announced a — dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Thursday, October 31st will be given a dividend of $0.195 per share. This represents a dividend yield of 10.2%. The ex-dividend date is Wednesday, October 30th. WhiteHorse Finance’s payout ratio is 94.67%.
WhiteHorse Finance Company Profile
WhiteHorse Finance, Inc is a managed, non-diversified, closed-end management investment company which operates as a direct lender targeting debt investments in privately held, lower middle market companies located in the United States. Its investment objective is to generate returns primarily 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 that typically carry a floating interest rate based on the London Interbank Offered Rate.
Featured Article: Quantitative Easing
Receive News & Ratings for WhiteHorse Finance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WhiteHorse Finance and related companies with MarketBeat.com's FREE daily email newsletter.