Brokerages expect WhiteHorse Finance Inc (NASDAQ:WHF) to post earnings per share of $0.36 for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for WhiteHorse Finance’s earnings, with the highest EPS estimate coming in at $0.37 and the lowest estimate coming in at $0.33. WhiteHorse Finance reported earnings of $0.42 per share during the same quarter last year, which suggests a negative year over year growth rate of 14.3%. The firm is expected to announce its next earnings results on Tuesday, May 14th.
According to Zacks, analysts expect that WhiteHorse Finance will report full-year earnings of $1.50 per share for the current year, with EPS estimates ranging from $1.40 to $1.57. For the next fiscal year, analysts anticipate that the company will report earnings of $1.58 per share, with EPS estimates ranging from $1.52 to $1.62. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that cover WhiteHorse Finance.
A number of research analysts have weighed in on WHF shares. BidaskClub raised shares of WhiteHorse Finance from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, January 9th. Zacks Investment Research raised shares of WhiteHorse Finance from a “sell” rating to a “hold” rating in a research report on Friday, March 8th. Finally, JPMorgan Chase & Co. lowered shares of WhiteHorse Finance from a “neutral” rating to an “underweight” rating and set a $13.50 price target on the stock. in a research report on Wednesday, January 16th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $14.17.
WhiteHorse Finance stock opened at $14.01 on Thursday. WhiteHorse Finance has a 1-year low of $11.89 and a 1-year high of $15.80. The firm has a market capitalization of $287.91 million, a price-to-earnings ratio of 9.34 and a beta of 0.73. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.83 and a current ratio of 1.83.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 3rd. Investors of record on Tuesday, March 26th will be given a dividend of $0.355 per share. This represents a $1.42 dividend on an annualized basis and a dividend yield of 10.14%. The ex-dividend date is Monday, March 25th. WhiteHorse Finance’s payout ratio is currently 94.67%.
About WhiteHorse Finance
WhiteHorse Finance, LLC is a business development company.
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