WhiteHorse Finance Q4 net asset value decreases yr/yr

WhiteHorse Finance

02/03/2026 12:43

Overview

WhiteHorse Finance's Q4 net asset value fell compared to last year

Net investment income for Q4 decreased yr/yr due to lower yields and non-accruals

Company increased stock repurchase program by $7.5 mln to $22.5 mln

The distribution of $0.25 per share and supplemental distribution of $0.01 per share will be payable on April 6, 2026, to stockholders of record as of March 12, 2026.

Outlook

WhiteHorse Finance focuses on disciplined portfolio management and restructuring resources

Result Drivers

PORTFOLIO MANAGEMENT - CEO Stuart Aronson attributed improved earnings and increased NAV to disciplined portfolio management and share repurchases at a discount to book value

COMPETITIVE ENVIRONMENT - Co remains selective in a highly competitive origination environment, focusing on structure and credit quality

NET INVESTMENT INCOME DECLINE - Decrease in net investment income due to lower yields and investments placed on non-accrual status

Company press release: ID:nPn1J1S4Ka

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Asset Value
$259.8 mln
Q4 Net Asset Value Per Share
$11.68


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the closed end funds peer group is "buy."

Wall Street's median 12-month price target for WhiteHorse Finance Inc is $7.50, about 19% above its February 27 closing price of $6.30

The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 7 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)