WhiteHorse Finance, Inc. Stock News

BDCs face challenges due to declining earnings, increased private credit supply, and recession concerns, impacting dividend sustainability. Many BDCs have already cut their dividends to align earnings with the cash distributions. Yet, there is still a long list of BDCs that have maintained their base dividends safe.

WhiteHorse Finance continues to struggle with deteriorating portfolio quality and lower earnings, leading to a maintained sell rating. WHF's price declined nearly 20% over the past year, with total returns at negative 6.78%, and dividend sustainability is questionable. Despite trading at a discount to NAV, WHF's poor performance and high non-accrual rates make it less attractive compared to peers.

As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cash flows with less favorable private credit lending environment. I would say that the moment of truth for high quality BDCs is also very close, where we will see how really durable their base divide...

Call Start: 14:00 January 1, 0000 2:33 PM ET WhiteHorse Finance (NASDAQ:WHF ) Q4 2024 Earnings Conference Call March 07, 2025 02:00 PM ET Company Participants Robert Brinberg - President, Rose & Company Stuart Aronson - CEO Joyson Thomas - CFO Conference Call Participants Mickey Schleien - Ladenburg Sean-Paul Adams - Raymond James Melissa Wedel - JPMorgan Operator Good afternoon. My name is Dav...

NEW YORK , March 7, 2025 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the fourth quarter and year ended December 31, 2024. In addition, the Company's board of directors has declared a distribution of $0.385 per share with respect to the fourth quarter and year ended December 31, 2024.

BDC Dividend Cut Party Has Begun, Here Are Next 2 In Line

WhiteHorse Finance, Inc. offers attractive risk-adjusted returns through senior secured loans to lower middle market companies, with a focus on disciplined underwriting and portfolio growth. WHFCL, WhiteHorse Finance's baby bond, is trading above par with a yield to call of 7.08% and a yield to maturity of 7.92%. WHF has a Baa2 credit score, reflecting solid asset quality, debt structure, and p...

NEW YORK , Feb. 3, 2025 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced that it will release its fourth quarter and full year financial results for the year ended December 31, 2024 on Friday, March 7, 2025. The Company will discuss its financial results on a conference call that day at 2:00 p.m.