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    WhiteHorse Finance (WHF)

    Official site

    FINANCIAL SERVICES • ASSET MANAGEMENT • NASDAQ

    $7.07
    +0.00 (+0.00%)

    Market Cap: $151.84M

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    60%(24/40)
    Avg Surprise
    -1.59%

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$0.25
    Range$0.23 - $0.27
    5 analysts
    EPS RevisionsNo revisions (7d)
    0
    1
    30d
    EPS Estimate Drift
    90d ago$0.28+10.4%
    60d ago$0.26+3.2%
    30d ago$0.26+3.2%
    7d ago$0.25+0.8%
    Current$0.25
    Revenue Consensus
    $16M
    Range$14M - $17M
    5 analysts
    Dec 31, 2026
    EPS Consensus$0.19
    Range$0.15 - $0.21
    5 analysts
    Revenue Consensus
    $14M
    Range$13M - $14M
    5 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.19---
    Sep 26EST
    		-$0.25---
    Jun 26
    		$0.22$0.25-12.00%Miss-21.4%
    Mar 26
    		$0.25$0.28-10.71%Miss+36.2%
    Dec 25
    		$0.29$0.27+4.74%Beat-15.6%
    Sep 25
    		$0.26$0.29-10.34%Miss-33.3%
    Jun 25
    		$0.28$0.31-9.68%Miss-30.0%
    Mar 25
    		$0.18$0.33-44.48%Miss-61.0%
    Dec 24
    		$0.34$0.40-15.00%Miss-26.1%
    Sep 24
    		$0.39$0.42-7.14%Miss-17.0%
    Jun 24
    		$0.40$0.45-11.11%Miss-13.0%
    Mar 24
    		$0.47$0.46+2.17%Beat+2.2%
    Dec 23
    		$0.46$0.46+0.00%Beat-4.2%
    Sep 23
    		$0.47$0.46+2.17%Beat+27.0%
    Jun 23
    		$0.46$0.46+0.00%Beat+35.3%
    Mar 23
    		$0.46$0.44+4.55%Beat+35.3%
    Dec 22
    		$0.48$0.43+11.63%Beat+50.0%
    Sep 22
    		$0.37$0.36+2.78%Beat+0.0%
    Jun 22
    		$0.34$0.34+0.00%Beat+13.3%
    Mar 22
    		$0.34$0.37-8.11%Miss-10.5%
    Dec 21
    		$0.32$0.37-13.51%Miss-8.6%
    Sep 21
    		$0.37$0.37+0.00%Beat-2.6%
    Jun 21
    		$0.30$0.37-18.92%Miss+15.4%
    Mar 21
    		$0.38$0.37+2.70%Beat+26.7%
    Dec 20
    		$0.35$0.32+9.38%Beat-10.3%
    Sep 20
    		$0.38$0.29+31.03%Beat-5.0%
    Jun 20
    		$0.26$0.28-7.14%Miss-25.7%
    Mar 20
    		$0.30$0.36-16.67%Miss-18.9%
    Dec 19
    		$0.39$0.36+8.33%Beat+0.0%
    Sep 19
    		$0.40$0.35+14.29%Beat+14.3%
    Jun 19
    		$0.35$0.37-5.41%Miss+6.1%
    Mar 19
    		$0.37$0.36+2.78%Beat-11.9%
    Dec 18
    		$0.39$0.36+8.33%Beat+18.2%
    Sep 18
    		$0.35$0.34+2.94%Beat+20.7%
    Jun 18
    		$0.33$0.36-8.33%Miss-13.2%
    Mar 18
    		$0.42$0.33+27.27%Beat+16.7%
    Dec 17
    		$0.33$0.33+0.00%Beat-8.3%
    Sep 17
    		$0.29$0.35-17.14%Miss-27.5%
    Jun 17
    		$0.38$0.37+2.70%Beat-
    Mar 17
    		$0.36$0.36+0.00%Beat-
    Dec 16
    		$0.36$0.36+0.00%Beat-
    Sep 16
    		$0.40$0.35+14.29%Beat-

    Dividends

    Dividend Metrics

    Yield16.20%
    Annual/Share$1.15
    Payout Ratio140.31%
    Frequency4
    Pay MonthsJan, Apr, Jul, Oct, Dec

    Growth

    3Y CAGR-0.35%
    5Y CAGR-0.21%
    View WHF's full dividend history

    Key Metrics

    Valuation
    P/E Ratio6.95EV/EBITDA6.45x
    Price/FCF1.96xFCF Yield51.04%
    Profitability
    Profit Margin26.90%Operating Margin66.30%
    ROE6.65%ROIC3.96%
    Financial Health
    Debt/Equity1.28xInterest Coverage1.13x
    Current RatioN/AQuick RatioN/A
    Trading Statistics
    Beta0.41Avg Volume59.24K
    52-Week High$7.6852-Week Low$5.66

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$7.09
    SMA 20$6.99
    SMA 50$6.70
    SMA 200$6.68
    EMA 10$7.06
    EMA 20$6.97
    EMA 50$6.82
    EMA 200$6.82

    MACD

    Line: 0.12Signal: 0.13Hist: -0.01

    ADX

    ADX: 37.6+DI: 23.4-DI: 10.8

    Aroon & PSAR

    Aroon Up68.0
    Aroon Down16.0
    PSAR$6.94

    Bollinger Bands

    Upper Band$7.38
    Lower Band$6.59
    %B Position1129%(Upper)
    Band Width0.61

    RSI (14-Day)

    Neutral
    57.4

    Momentum Oscillators

    Stoch %K56.8
    Stoch %D63.1
    Williams %R-58.6
    ROC (10d)-0.1%
    Momentum-0.01
    CCI (20d)51.6
    MFI (14d)44.4

    Volatility Measures

    ATR (14d)$0.17(2.4%)
    StdDev (20d)0.20
    Hist Vol33.5%(Moderate)

    Volume Flow

    VWAP$7.10
    OBV-3.7M
    AD Line-378.3M
    CMF (20d)0.100

    Volume Metrics

    Avg Vol (20d)60.6K
    Vol Ratio3.3x(High)
    VWMA (20d)$7.01

    Pivot Points

    R3$7.31
    R2$7.26
    R1$7.16
    Pivot Point$7.11
    S1$7.01
    S2$6.96
    S3$6.86

    Advanced Oscillators

    TSI20.03
    Ultimate Osc48.6
    KST84.09

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$15.40M$4.83M$11.97M$11.91M$12.70M$12.45M$14.34M$15.75M$16.17M$17.97M$17.96M$18.14M
    Cost of RevenueN/A$3.92M$5.03M$5.78M$6.14M$6.18M$6.50M$6.93M$7.14M$7.33M$7.50M$7.56M
    Gross ProfitN/A$7.24M$9.83M$952,000$3.90M$5.49M$5.51M$-5,392,000$9.50M$7.48M$4.71M$6.72M
    Operating Expenses$5.02M$5.43M$4.80M$5.62M$5.95M$5.47M$6.09M$6.29M$6.58M$6.89M$7.03M$7.16M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$0$0$0$0$0$0$0$0$0$0$0$0
    Operating IncomeN/A$4.34M$8.56M$-370,000$2.44M$4.37M$4.17M$-6,564,000$8.11M$6.26M$3.72M$5.77M
    Interest Income$12.62M$13.40M$17.34M$17.69M$18.84M$18.80M$21.01M$22.85M$23.48M$25.48M$25.63M$25.87M
    Interest Expense$4.81M$5.00M$5.03M$5.78M$6.14M$6.18M$6.50M$6.93M$7.14M$7.33M$7.50M$7.56M
    Income Before Tax$10.38M$-598,000$6.79M$6.29M$6.75M$6.95M$8.24M$9.45M$9.56M$11.11M$10.89M$10.99M
    Income Tax Expense$0$0$185,000$186,000$186,000$105,000$268,000$294,000$267,000$292,000$290,000$175,000
    Net Income$10.38M$-598,000$8.38M$-556,000$2.25M$4.26M$3.90M$-6,858,000$7.84M$5.97M$3.43M$5.60M
    EBITDA$4.56M$830,000$-7,020,000$10.92M$-11,651,000$8.55M$362,000$24.49M$11.02M$9.65M$18.54M$14.68M
    EBIT$10.38M$-598,000$7.17M$6.29M$6.75M$6.97M$8.25M$9.46M$9.59M$11.08M$10.93M$10.98M
    * Some calculated fields are derived from available data when not provided by source

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    News

    Enterprise value to EBITDA forward of WhiteHorse Finance, Inc. – SWB:M9X

    The article presents financial data for WhiteHorse Finance, Inc. (SWB:M9X) on TradingView, specifically focusing on its enterprise value to EBITDA forward metric. It indicates that the market for this stock was closed with no trades recorded.

    TradingView•8/26/26•
    Neutral

    WhiteHorse Finance Q2 2026 slides: NAV gains offset income decline

    WhiteHorse Finance (WHF) reported a mixed Q2 2026, with net asset value per share increasing due to unrealized gains, despite a 14.2% decline in core net investment income. The company's shares rose following the announcement, trading at a discount to NAV. While the dividend coverage fell short of core earnings, WhiteHorse is managing a diversified portfolio and a share repurchase program, but faces a significant debt refinancing in December 2026.

    Investing.com•8/12/26•
    Neutral

    WhiteHorse Finance 2026 Q2 - Results - Earnings Call Presentation (NASDAQ:WHF) 2026-08-11

    WhiteHorse Finance (WHF) released its Q2 2026 earnings call presentation, reporting an EPS of $0.33, which beat estimates by $0.08. However, the company's revenue of $14.37M missed expectations by $1.16M, representing a 23.72% year-over-year decrease. The presentation was published in conjunction with their earnings call on August 11, 2026.

    Seeking Alpha•8/11/26•
    Somewhat-Bearish

    WhiteHorse Finance (NASDAQ:WHF) Releases Earnings Results, Misses Estimates By $0.03 EPS

    WhiteHorse Finance (NASDAQ:WHF) reported its quarterly earnings, missing analyst estimates with $0.22 EPS against an expected $0.25, and revenue of $14.37 million below the anticipated $15.66 million. Despite missing estimates, the company declared a quarterly dividend of $0.25 per share, representing a 14.6% yield, though its payout ratio is 243.9%. Insiders bought nearly 95,000 shares, but analysts maintain a "Reduce" rating with a $7.50 target price.

    MarketBeat•8/11/26•
    Somewhat-Bearish

    WhiteHorse Finance, Inc. (NASDAQ:WHF) to Issue $0.25 Quarterly Dividend

    WhiteHorse Finance, Inc. announced a quarterly dividend of $0.25 per share, payable October 5th to shareholders of record on September 21st, representing an annualized yield of 14.9%. The dividend payout ratio is currently 87.7%, but future earnings estimates suggest a potential future payout ratio of 104.2%, raising concerns about dividend coverage. The company recently missed EPS estimates and saw significant insider buying, with nearly 95,000 shares purchased by insiders over the last 90 days.

    MarketBeat•8/11/26•
    Neutral

    Frequently Asked Questions About WHF

    What is WHF's current dividend yield?
    WhiteHorse Finance (WHF) has a current dividend yield of 16.20%.
    Does WHF pay dividends?
    Yes, WhiteHorse Finance pays dividends with a current yield of 16.20%.
    What is WHF's P/E ratio?
    WhiteHorse Finance has a price-to-earnings (P/E) ratio of 6.95.
    What is WHF's market cap?
    WhiteHorse Finance (WHF) has a market capitalization of $151.84M with a current stock price of $7.07.

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