WHF

WhiteHorse Finance
NASDAQFINANCIAL SERVICESASSET MANAGEMENT

Key Statistics

Market Cap
$162.36M
P/E Ratio
9.69
EPS
$0.78
Beta
0.42
52W High
$7.80
52W Low
$5.47
50-Day MA
$7.11
200-Day MA
$6.96
Dividend Yield
14.80%
Profit Margin
26.90%
Forward P/E
7.10
PEG Ratio
1.01

About WhiteHorse Finance

WhiteHorse Finance, Inc. (WHF) is a prominent business development company focused on delivering tailored financing solutions to private middle-market companies. Established in 2013 and publicly listed since 2014, WHF has cultivated a diverse portfolio largely centered on first and second lien secured debt, aimed at generating stable income and potential capital appreciation for its investors. The company's disciplined investment strategy, combined with a seasoned management team, strategically positions WHF to address the growing capital demands of small to mid-sized businesses, solidifying its status as a reliable partner in the dynamic financial marketplace.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$65.26M
Gross Profit (TTM)$65.26M
EBITDA—
Operating Margin66.30%
Return on Equity6.65%
Return on Assets4.33%
Revenue/Share (TTM)$2.90
Book Value$11.77
Price-to-Book0.60
Price-to-Sales (TTM)2.49
EV/Revenue20.7
EV/EBITDA6.45
Quarterly Earnings Growth (YoY)398.50%
Quarterly Revenue Growth (YoY)-23.70%
Shares Outstanding$21.48M
Float0
% Insiders3.90%
% Institutions35.38%

Historical Volatility

HV 10-Day
30.34%
HV 20-Day
27.97%
HV 30-Day
28.58%
HV 60-Day
28.07%
HV Rank
52.8%

Volatility is currently expanding

Analyst Ratings

Consensus ($7.83 target)
4
Hold
1
Strong Sell

Latest News

WhiteHorse Finance, Inc. Announces Special Distribution And To Report Third Quarter 2026 Financial Results

NEW YORK, Oct. 14, 2026 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced that its board of directors has declared a special distribution of $0.17 per share, which will be payable on December 10, 2026 to stockholders of record as of October 30, 2026. Distributions are paid from taxable earnings and may include a return of capital and/or capital gains.

PRNewsWire10/14/2026Neutral
WhiteHorse Finance: 15% Yield Sustainable With Range-Bound Trading Until NII Grows

WhiteHorse Finance is rated Hold due to ongoing underfunded dividends and lack of near-term catalysts for a valuation re-rating. WHF trades at a 40% discount to NAV with a 15% yield, but persistent NII shortfall and risk of further dividend cuts weigh on upside. Future NII growth depends on asset sales (notably Starco), Outward Hound's return to accrual status, and increased loan origination volume.

Seeking Alpha10/8/2026Positive
WhiteHorse Finance Q2 Earnings Call Highlights

WhiteHorse Finance NASDAQ: WHF reported second-quarter core net investment income of $4.7 million, or $0.217 per share, down from $5.6 million, or $0.253 per share, in the first quarter. The company said the decline reflected a smaller average portfolio and the first-quarter move of its Outward Hound loan investment to non-accrual status.

MarketBeat8/11/2026Negative
WhiteHorse Finance, Inc. To Report Second Quarter 2026 Financial Results

NEW YORK, July 28, 2026 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced that it will release its second quarter financial results for the period ended June 30, 2026 on Tuesday, August 11, 2026. The Company will discuss its financial results on a conference call that day at 1:30 p.m.

PRNewsWire7/28/2026Neutral
WhiteHorse Finance: Small Portfolio Improvements In Progress

WhiteHorse Finance (WHF) continues to face portfolio contraction, persistent net realized losses, and elevated non-accruals, justifying a maintained Hold rating. WHF trades at a historically deep 44.55% discount to NAV, but this reflects ongoing portfolio and earnings challenges rather than a buying opportunity. Dividend coverage remains razor-thin; the 15.7% yield is at risk of a cut as net investment income barely matches distributions and non-accruals rise.

Seeking Alpha6/18/2026Positive
WhiteHorse Finance Q1 Earnings Call Highlights

WhiteHorse Finance NASDAQ: WHF reported lower first-quarter earnings and a decline in net asset value as previously identified credit issues weighed on results, while management said share repurchases helped offset some of the impact through NAV accretion.

MarketBeat5/9/2026Neutral

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Data last updated: 10/17/2026