How have LRFC shares performed in 2024?

Logan Ridge Finance's stock was trading at $22.61 at the start of the year. Since then, LRFC stock has decreased by 2.3% and is now trading at $22.10. View the best growth stocks for 2024 here .

Are investors shorting Logan Ridge Finance?

Logan Ridge Finance saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 3,800 shares, a decrease of 19.1% from the March 15th total of 4,700 shares. Based on an average daily trading volume, of 3,700 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.2% of the company's stock are sold short. View Logan Ridge Finance's Short Interest .

When is Logan Ridge Finance's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our LRFC earnings forecast .

How can I listen to Logan Ridge Finance's earnings call?

Logan Ridge Finance will be holding an earnings conference call on Thursday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Logan Ridge Finance's earnings last quarter?

Logan Ridge Finance Co. (NASDAQ:LRFC) announced its earnings results on Tuesday, March, 26th. The company reported $0.22 earnings per share for the quarter. The company earned $4.42 million during the quarter. Logan Ridge Finance had a positive trailing twelve-month return on equity of 4.13% and a negative net margin of 12.30%.

How often does Logan Ridge Finance pay dividends? What is the dividend yield for Logan Ridge Finance?

Logan Ridge Finance announced a quarterly dividend on Tuesday, March 12th. Investors of record on Monday, March 25th will be paid a dividend of $0.32 per share on Tuesday, April 2nd. This represents a $1.28 dividend on an annualized basis and a yield of 5.79%. The ex-dividend date is Friday, March 22nd. This is a boost from the stock's previous quarterly dividend of $0.30. Read our dividend analysis for LRFC .

Is Logan Ridge Finance a good dividend stock?

Logan Ridge Finance (NASDAQ:LRFC) pays an annual dividend of $1.28 per share and currently has a dividend yield of 5.82%. LRFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for LRFC .

Who are Logan Ridge Finance's major shareholders?

Logan Ridge Finance's stock is owned by a variety of institutional and retail investors. Top institutional investors include Wealth Enhancement Advisory Services LLC (6.38%). Insiders that own company stock include Larry W Carroll and Patrick Schafer . View institutional ownership trends .

How do I buy shares of Logan Ridge Finance?

Shares of LRFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:LRFC

Logan Ridge Finance (LRFC) Stock Price, News & Analysis

→ 3 Sub-$10 Stocks to Buy for 2024 (From TradingTips) (Ad)

Free LRFC Stock Alerts

$22.10

+0.10 (+0.45%)

(As of 04/18/2024 ET)

Compare

Today's Range: $21.90
▼
$22.10
50-Day Range: $21.90
▼
$22.72
52-Week Range: $18.53
▼
$23.63

Volume: 3,122 shs
Average Volume: 3,049 shs
Market Capitalization: $59.23 million

P/E Ratio: N/A
Dividend Yield: 5.79%
Price Target: N/A

Get Logan Ridge Finance alerts:

Logan Ridge Finance MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.16% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 3.57%
From $1.40 to $1.45 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.60 out of 5 stars

Finance Sector

717th out of 850 stocks

Investors, Not Elsewhere Classified Industry

4th out of 15 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Logan Ridge Finance.

5.0

Short Interest

Percentage of Shares Shorted
0.16% of the float of Logan Ridge Finance has been sold short.
Short Interest Ratio / Days to Cover
Logan Ridge Finance has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Logan Ridge Finance has recently decreased by 19.15%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Logan Ridge Finance is a leading dividend payer. It pays a dividend yield of 5.82%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Logan Ridge Finance has only been increasing its dividend for 1 years.
Dividend Sustainability
Based on EPS estimates, Logan Ridge Finance will have a dividend payout ratio of 88.28% in the coming year. This indicates that Logan Ridge Finance may not be able to sustain their current dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LRFC.

2.7

News and Social Media Coverage

News Sentiment
Logan Ridge Finance has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Logan Ridge Finance this week, compared to 2 articles on an average week.
Search Interest
1 people have searched for LRFC on MarketBeat in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Logan Ridge Finance insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.04% of the stock of Logan Ridge Finance is held by insiders.
Percentage Held by Institutions
Only 30.87% of the stock of Logan Ridge Finance is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Logan Ridge Finance are expected to grow by 3.57% in the coming year, from $1.40 to $1.45 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Logan Ridge Finance is -20.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Logan Ridge Finance is -20.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Logan Ridge Finance has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad InvestorPlace

New crypto project uncovers 2,050% in 65 days

During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.

Just click here to sign up and be among the first to get it.

About Logan Ridge Finance Stock (NASDAQ:LRFC)

Logan Ridge Finance Corporation, formerly known as, Capitala Finance Corp. is a Business Development Company specializing in senior subordinated debt and unitranche debt, unitranche loan, first-lien and second-lien loans, lower middle market and middle market, equity co-investment in sponsored companies. The fund targets companies in the Aerospace, defense, business services, education, food and beverage, Industrial & Environmental Services, logistics, distribution, media, telecommunication, manufacturing, consumer goods and health-care industries. It typically considers investments in the United States. The fund invests $5 million and $50 million per transaction in companies with EBITDA between $5 million to $50 million and enterprise value less than $250 million. The fund makes minority equity co-investments, alongside management or financial sponsors.

LRFC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LRFC Stock News Headlines

April 12, 2024 | globenewswire.com

Logan Ridge Finance Corporation Schedules First Quarter 2024 Earnings Release and Conference Call

March 27, 2024 | investorplace.com

LRFC Stock Earnings: Logan Ridge Finance Misses EPS, Misses Revenue for Q4 2023

April 19, 2024 | TradingTips (Ad)

3 Sub-$10 Stocks to Buy for 2024

Often, investors will overlook stocks just because they're cheap. It's a common thought that a cheap price tag means that something must be wrong with the company. But this couldn't be further from the case in many instances.

March 26, 2024 | globenewswire.com

Logan Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial Results

March 26, 2024 | globenewswire.com

Logan Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

March 12, 2024 | globenewswire.com

Logan Ridge Finance Corporation to Delay Fourth Quarter and Full Year 2023 Earnings Release and Conference Call; Provides Preliminary Financial Results

November 21, 2022 | finance.yahoo.com

Logan Ridge Finance Corporation Schedules Third Quarter 2022 Earnings Release and Conference Call

November 21, 2022 | finance.yahoo.com

Logan Ridge Finance Corporation Reports Third Quarter 2022 Financial Results

April 19, 2024 | TradingTips (Ad)

3 Sub-$10 Stocks to Buy for 2024

June 7, 2022 | finance.yahoo.com

Logan Ridge Finance Corporation Announces Full Repayment of the Legacy 5.75% Convertible Notes and 6.00% Notes Due May 31, 2022

May 13, 2022 | seekingalpha.com

Logan Ridge Finance Corporation (LRFC) CEO Ted Goldthorpe on Q1 2022 Results - Earnings Call Transcript

May 13, 2022 | finance.yahoo.com

Logan Ridge Finance Corporation Reports First Quarter 2022 Financial Results

April 12, 2022 | finance.yahoo.com

Logan Ridge Finance Corporation Schedules First Quarter 2022 Earnings Release and Conference Call

March 14, 2022 | seekingalpha.com

Logan Ridge Finance GAAP EPS of -$0.71, Total investment income of $16.75M misses by $0.45M

March 14, 2022 | sfgate.com

Logan Ridge: Q4 Earnings Snapshot

March 3, 2022 | finance.yahoo.com

Logan Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2021 Earnings Release and Conference Call