WhiteHorse Finance

WhiteHorse Finance has appointed a special committee of independent directors to evaluate a sale or other corporate transactions; no timetable has been set and completion is not guaranteed. The company has a market capitalization of USD 149 million, a share price of USD 6.95 and a dividend yield of about 15%. Three analysts recently cut their earnings estimates, yet WhiteHorse has a strong health score and has paid dividends for 15 years. In Q2 2026, net investment income and revenue fell short of expectations, while net asset value per share increased by 2.6%. » Mere på de.investing.com

WhiteHorse Finance missed analyst expectations in Q2 2026 with core net investment income of $0.217 per share and revenue of $14.37 million. At the same time, net asset value rose to $11.77 per share (+2.6%) thanks to realized and unrealized portfolio gains, which supported the stock up 6.6% to $7.15. The company continued share buybacks and cited potential liquidity events at Chase Products, Naviga and PlayMonster; the board set a base distribution for Q3 of $0.25 per share. Risks remain in the form of lower ongoing yields, outstanding bond maturities ($85 million in Dec. 2026) and refinancing needs. » Mere på de.investing.com

WhiteHorse Finance reported Q1 2026 net investment income of $0.25 per share versus consensus of $0.28 and revenue of $15.86 million, missing estimates. Realized and unrealized net losses on investments totaled $6.3 million; nonperforming assets rose to 3.0% of debt investments (fair value). NAV per share fell to $11.47; the stock trades at about a 34% discount to NAV, while management continued the dividend and buybacks and temporarily reduced the incentive fee. The company highlights diversified funding, growth in the STRS-JV and continued focus on senior secured loans, but remains watchful of credit quality and portfolio yields. » Mere på de.investing.com