B. Riley Upgrades WhiteHorse Finance (NASDAQ:WHF) to Hold

WhiteHorse Finance (NASDAQ:WHF) was upgraded by research analysts at B. Riley to a “hold” rating in a research note issued on Monday,Zacks.com reports. B. Riley also issued estimates for WhiteHorse Finance’s Q1 2026 earnings at $0.28 EPS, Q2 2026 earnings at $0.27 EPS, Q3 2026 earnings at $0.28 EPS, Q4 2026 earnings at $0.28 EPS and FY2026 earnings at $1.11 EPS.

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

WhiteHorse Finance Trading Up 0.7%

Shares of WhiteHorse Finance stock opened at $9.51 on Monday. WhiteHorse Finance has a fifty-two week low of $8.44 and a fifty-two week high of $12.78. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.86 and a current ratio of 0.86. The company has a market capitalization of $221.01 million, a P/E ratio of 24.38 and a beta of 0.80. The company has a fifty day moving average of $9.30 and a 200 day moving average of $9.85.

WhiteHorse Finance (NASDAQ:WHF) last released its quarterly earnings data on Monday, May 12th. The investment management company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.04). The company had revenue of $18.80 million for the quarter, compared to the consensus estimate of $19.98 million. WhiteHorse Finance had a net margin of 10.62% and a return on equity of 11.30%. On average, sell-side analysts anticipate that WhiteHorse Finance will post 1.66 earnings per share for the current fiscal year.

Insider Activity at WhiteHorse Finance

In related news, Director John Bolduc acquired 22,360 shares of the business’s stock in a transaction dated Tuesday, April 8th. The shares were purchased 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 in the company, valued at $2,126,691.90. The trade was a 10.37% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On WhiteHorse Finance

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC acquired a new stake in WhiteHorse Finance during the 4th quarter valued at approximately $39,000. Snowden Capital Advisors LLC purchased a new position in shares of WhiteHorse Finance during the fourth quarter worth $101,000. LPL Financial LLC lifted its position in WhiteHorse Finance by 10.9% during the fourth quarter. LPL Financial LLC now owns 15,182 shares of the investment management company’s stock valued at $147,000 after purchasing an additional 1,495 shares during the period. D. E. Shaw & Co. Inc. purchased a new stake in WhiteHorse Finance in the fourth quarter valued at $154,000. Finally, Commonwealth Equity Services LLC grew 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 purchasing an additional 3,683 shares during the period. Hedge funds and other institutional investors own 13.20% of the company’s stock.

WhiteHorse Finance Company Profile

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.