Q2 Earnings Estimate for WHF Issued By B. Riley

WhiteHorse Finance, Inc. (NASDAQ:WHF) – Stock analysts at B. Riley issued their Q2 2025 earnings per share (EPS) estimates for shares of WhiteHorse Finance in a research note issued to investors on Monday, June 16th. B. Riley analyst S. Adams expects that the investment management company will post earnings per share of $0.30 for the quarter. B. Riley has a “Hold” rating on the stock. The consensus estimate for WhiteHorse Finance’s current full-year earnings is $1.66 per share. B. Riley also issued estimates for WhiteHorse Finance’s Q3 2025 earnings at $0.31 EPS, Q4 2025 earnings at $0.31 EPS and FY2025 earnings at $1.21 EPS.

WhiteHorse Finance (NASDAQ:WHF) last released its earnings results on Monday, May 12th. The investment management company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.04). The company had revenue of $18.80 million during the quarter, compared to analyst estimates of $19.98 million. WhiteHorse Finance had a net margin of 10.62% and a return on equity of 11.30%.

Separately, JPMorgan Chase & Co. lowered their target price on shares of WhiteHorse Finance from $9.50 to $9.00 and set an “underweight” rating for the company in a research note on Monday, March 10th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $10.50.

WhiteHorse Finance Stock Performance

Shares of NASDAQ:WHF opened at $8.83 on Thursday. The firm’s 50 day simple moving average is $9.29 and its 200 day simple moving average is $9.83. WhiteHorse Finance has a fifty-two week low of $8.44 and a fifty-two week high of $12.73. The company has a market capitalization of $205.21 million, a price-to-earnings ratio of 22.64 and a beta of 0.80. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.86 and a quick ratio of 0.86.

Institutional Investors Weigh In On WhiteHorse Finance

Several institutional investors have recently added to or reduced their stakes in WHF. Tower Research Capital LLC TRC bought a new position in WhiteHorse Finance during the 4th quarter worth about $39,000. Snowden Capital Advisors LLC acquired a new stake in WhiteHorse Finance in the 4th quarter valued at approximately $101,000. LPL Financial LLC lifted its stake in WhiteHorse Finance by 10.9% in the 4th quarter. LPL Financial LLC now owns 15,182 shares of the investment management company’s stock valued at $147,000 after acquiring an additional 1,495 shares in the last quarter. D. E. Shaw & Co. Inc. bought a new stake in WhiteHorse Finance in the 4th quarter valued at approximately $154,000. Finally, Commonwealth Equity Services LLC boosted its position in WhiteHorse Finance by 23.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 19,418 shares of the investment management company’s stock worth $188,000 after acquiring an additional 3,683 shares during the last quarter. 13.20% of the stock is owned by institutional investors.

Insider Transactions at WhiteHorse Finance

In related news, Director John Bolduc purchased 22,360 shares of WhiteHorse Finance stock in a transaction dated Tuesday, April 8th. The stock was bought at an average price of $8.94 per share, for a total transaction of $199,898.40. Following the completion of the acquisition, the director now directly owns 237,885 shares of the company’s stock, valued at $2,126,691.90. This represents a 10.37% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.30% of the stock is currently owned by insiders.

WhiteHorse Finance Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 3rd. Shareholders of record on Thursday, June 19th will be issued a $0.385 dividend. The ex-dividend date is Wednesday, June 18th. This represents a $1.54 annualized dividend and a dividend yield of 17.44%. WhiteHorse Finance’s dividend payout ratio (DPR) is currently 394.87%.

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.