WhiteHorse Finance Announces Q3 EPS of 26.3c, Below Consensus Estimate of 29c
Q3 Financial Performance: WhiteHorse Finance reported a Q3 net asset value per share of $11.41, down from $11.82 in the previous quarter, indicating challenges in earnings due to certain underperforming credits.
CEO's Commentary: CEO Stuart Aronson highlighted ongoing efforts to reposition the portfolio and address legacy issues, emphasizing the necessity of a reset in quarterly distributions to align with current earnings and ensure sustainable income.
Investment Strategy: The company is focusing on new origination efforts that offer attractive risk-adjusted returns while continuing to manage challenged investments with the help of a restructuring team.
Shareholder Value Initiatives: WhiteHorse Finance is implementing a voluntary fee reduction by its Adviser and has authorized a share repurchase program, aiming to enhance long-term shareholder value.
Trade with 70% Backtested Accuracy
Analyst Views on WHF
About WHF
About the author

- Insider Purchase: Epsilon Energy CEO Jason Stabell bought 28,500 shares of EPSN at $4.60 each on Monday, totaling an investment of $131,097, indicating strong confidence in the company's future prospects.
- Investment Return: As of Wednesday, Stabell's investment is up approximately 6.3%, based on a trading high of $4.89, reflecting positive market sentiment towards Epsilon Energy.
- Historical Transactions: Over the past 12 months, Stabell has made two additional purchases of EPSN, totaling $186,832 at an average price of $5.16 per share, demonstrating his ongoing belief in the company's long-term value.
- WhiteHorse Finance Transaction: Concurrently, WhiteHorse Finance CEO Stuart D. Aronson purchased 17,000 shares at $6.86 each for a total of $116,600, showcasing confidence in the company and potentially influencing market sentiment.
Badger Meter Dividend Announcement: Badger Meter declared a quarterly cash dividend of $0.40 per share, payable on December 5, 2025, to shareholders of record on November 21, 2025.
Mueller Industries Dividend Declaration: Mueller Industries announced a quarterly cash dividend of 25 cents per share, set to be paid on December 19, 2025, to shareholders of record on December 5, 2025.
WhiteHorse Finance Financial Results: WhiteHorse Finance reported its third-quarter financial results and declared a distribution of $0.25 per share, payable on January 5, 2026, to stockholders of record as of December 22, 2025.
Silvercorp Metals Dividend Declaration: Silvercorp Metals announced a semi-annual dividend of US$0.0125 per share, to be paid to shareholders of record on November 28, 2025, with a payment date scheduled on or before December 12, 2025.

Financial Results Announcement: WhiteHorse Finance reported its third-quarter financial results for 2025, showing a decrease in total investment income and net investment income compared to the previous quarter, alongside a declared distribution of $0.25 per share.
Portfolio Repositioning Efforts: CEO Stuart Aronson highlighted ongoing efforts to reposition the portfolio and address underperforming assets, while also emphasizing a focus on new investments with attractive risk-adjusted returns.
Stock Repurchase Program: The board authorized a stock repurchase program allowing for the buyback of up to $15 million in common stock, aimed at enhancing shareholder value, with repurchases subject to market conditions and regulatory requirements.
Fee Reduction Agreement: WhiteHorse Advisers voluntarily reduced its incentive fee on net investment income from 20% to 17.5% for the next two fiscal quarters, reflecting a commitment to align costs with current earnings.

Special Distribution Announcement: WhiteHorse Finance, Inc. has declared a special distribution of $0.035 per share, payable on December 10, 2025, to stockholders of record as of October 31, 2025.
Upcoming Financial Results Release: The company will release its third quarter financial results on November 10, 2025, followed by a conference call at 2:00 p.m. ET, with access details provided for investors.
JP Morgan's Recommendation: JP Morgan has maintained an Underweight recommendation for WhiteHorse Finance (WHF) as of October 1, 2025, despite an average one-year price target suggesting a potential upside of 54.55% from its current price of $6.60/share.
Institutional Holdings and Sentiment: Institutional ownership in WHF has seen a decrease of 8.51% in total shares over the last three months, with a bearish outlook indicated by a put/call ratio of 22.69.

Real-time Intelligence: Benzinga Pro offers the fastest news alerts to help traders stay informed and make winning trades in the stock market.
Exclusive Community: Joining Benzinga Pro connects users with over 10,000 serious traders and provides access to exclusive stories and insights from Benzinga reporters.







