WhiteHorse Finance Inc's fundamentals are relatively healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 22/28 in the Collective Investments industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 7.67.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
WhiteHorse Finance Inc's Score
Industry at a Glance
Industry Ranking
22 / 28
Overall Ranking
275 / 4582
Industry
Collective Investments
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Hold
Current Rating
7.667
Target Price
+0.35%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
WhiteHorse Finance Inc Highlights
StrengthsRisks
WhiteHorse Finance, Inc. is an externally managed, non-diversified, closed-end management investment company. The Company's investment objective is to generate attractive risk-adjusted returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing lower middle market companies across a broad range of industries. It focuses principally on originating senior secured loans to lower middle market companies, it may also opportunistically make investments at other levels of a company’s capital structure, including mezzanine loans or equity interests, and may receive warrants to purchase common stock in connection with its debt investments. The Company’s investment advisor is H.I.G. WhiteHorse Advisers, LLC.
Growing
The company is in a growing phase, with the latest annual income totaling USD 66.43M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 382.35%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 382.35%.
Undervalued
The company’s latest PB is 0.63, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 7.42M shares, decreasing 9.35% quarter-over-quarter.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.19.
WhiteHorse Finance, Inc. is an externally managed, non-diversified, closed-end management investment company. The Company's investment objective is to generate attractive risk-adjusted returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing lower middle market companies across a broad range of industries. It focuses principally on originating senior secured loans to lower middle market companies, it may also opportunistically make investments at other levels of a company’s capital structure, including mezzanine loans or equity interests, and may receive warrants to purchase common stock in connection with its debt investments. The Company’s investment advisor is H.I.G. WhiteHorse Advisers, LLC.