What's Happening with WhiteHorse Finance?

Overview

WhiteHorse Finance, a company specializing in loans and investments, has been receiving mixed reviews from experts. Most advise caution when investing.

• Average Price Target: ~$10
• Current Trading Price: Lower than the average target

Recent Changes in Expert Opinions

• One firm lowered its price target.
• Another firm upgraded its rating to a neutral stance.

Stock Performance

• 52-Week Range: $8.36 - $12.42
• Current Trading Price: Near the lower end of the range

Financial Health

• Quick Ratio: 1.34
• Current Ratio: 1.34
• Debt-to-Equity Ratio: 1.32 (Significant debt compared to equity)

Quarterly Earnings Report

• Earnings Per Share (EPS): $0.28 (Below expectations)
• Revenue: $18.84 million (Lower than expected)
• Predicted FY EPS: ~$1.66

Dividend Announcement

• Dividend Payment: $0.385 per share
• Dividend Yield: 17.7%
• Dividend Payout Ratio: Over 1,000% (Unsustainable in the long run)

Institutional Investor Activity

• Large Investors: Buying and selling shares
• Institutional Ownership: 13.20% of the company's stock

Business Focus

• Provides loans to businesses in various industries:
• Retail
• Healthcare
• Software
• Specializes in senior secured loans (Higher priority in case of default)