WhiteHorse Finance

WHF

Market cap $172M

WhiteHorse Finance continues to face declining NAV, lower earnings, and thin dividend coverage, prompting a maintained sell rating. WHF trades at a steep 39% discount to NAV, but ongoing portfolio contraction and weak new investment activity limit upside potential for WHF. Dividend yield stands at 14.9%, but coverage is tight and sustainability is threatened by declining net investment income and potential rate cuts.

WhiteHorse Finance ( WHF ) Q3 2025 Earnings Call November 10, 2025 2:00 PM EST Company Participants Stuart Aronson - CEO & Director Joyson Thomas - CFO & Principal Accounting Officer Conference Call Participants Robert Brinberg - Rose & Co. Capital Advisors, LLC Melissa Wedel - JPMorgan Chase & Co, Research Division Robert Dodd - Raymond James & Associates, Inc., Research Division Christopher Nolan - Ladenburg Thalmann & Co. Inc., Research Division Presentation Operator Good afternoon. My name is Chloe and I will be your conference operator today.

WhiteHorse Finance (WHF) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.39 per share a year ago.

NEW YORK , Nov. 10, 2025 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the third quarter ended September 30, 2025. In addition, the Company's board of directors has declared a distribution of $0.25 per share with respect to the quarter ended September 30, 2025.

NEW YORK , Oct. 15, 2025 /PRNewswire/ -- WhiteHorse Finance, Inc.  (the "Company") (Nasdaq: WHF) today announced that its board of directors has declared a special distribution of $0.035 per share, which will be payable on December 10, 2025 to stockholders of record as of October 31, 2025. Distributions are paid from taxable earnings and may include a return of capital and/or capital gains.

FIHL, FLOC and WHF have been added to the Zacks Rank #5 (Strong Sell) List on August 14, 2025.

WhiteHorse Finance (NASDAQ:WHF ) Q2 2025 Earnings Conference Call August 7, 2025 2:00 PM ET Company Participants Joyson C. Thomas - CFO & Principal Accounting Officer Stuart D.

WhiteHorse Finance (WHF) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.4 per share a year ago.

NEW YORK , Aug. 7, 2025 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the second quarter ended June 30, 2025. In addition, the Company's board of directors has declared a distribution of $0.385 per share with respect to the quarter ended June 30, 2025.

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.