WHF

WhiteHorse Finance, Inc.
NasdaqGSUSDEQUITY Financial Services DELAYED
Last price
7.16
▲ 0.14 (1.99%)
MARKET ·

Price

Open
7.02
Prev close
7.02
Day high
7.18
Day low
7.07
Volume
41.18K
Market cap
$153.77M
P/E (TTM)
9.18
52W range
6.07 – 8.97

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+1.27% +2.6%
1M
+9.65% +5.9%
3M
+8.32% +5.2%
6M
+12.23% +1.2%
YTD
+3.02% -9.3%
1Y
-15.47% -35.5%
3Y
-43.58% -117.7%
5Y

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Fundamentals

TTM · reported
Market cap$153.77M
Enterprise value$469.76M
Revenue (TTM)$65.26M
Gross profit$65.26M
EBITDA
Net income$17.55M
EPS (TTM)$0.78
Free cash flow$14.55M
Total cash$8.46M
Total debt$324.45M
Book value / share$11.68
Shares outstanding21.48M
Float
Short % of float1.97%
Dividend yield13.97%
Beta (5Y)0.41

Valuation & profitability ratios

Account required
Trailing P/E9.18
Forward P/E7.33
PEG ratio
Price / sales
Price / book0.61
EV / revenue7.20
EV / EBITDA
Gross margin100.00%
Operating margin66.34%
Profit margin26.88%
Return on equity6.65%
Return on assets4.33%
Debt / equity128.34
Current ratio0.31
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

Annual · as reported
Last 4 fiscal years
Line item2025202420232022
Total revenue$72.67M$92.82M$103.26M$87.53M
Cost of revenue$0$0$0$0
Gross profit$0$0$0$0
R&D
SG&A
Operating income
Pre-tax income
Tax provision$0$0$0$0
Net income$14.34M$10.85M$20.41M$15.68M
EBIT$0$0$0$0

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.250.33 +31.6%
Mar 2026 0.280.25 -10.1%
Sep 2025 0.290.26 -9.5%
Jun 2025 0.310.29 -7.3%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.25 5 $15.53M -17.6%
Next quarter 0.25 5 $15.51M -10.6%
Current year 0.97 5 $60.84M -16.3%
Next year 0.98 5 $62.90M +3.4%

Analyst targets & ownership

Account required
Mean target$7.83
High target$9.00
Low target$6.50
Implied upside9.40%
Analyst count3
ConsensusHOLD
Strong buy / Buy0 / 0
Hold4
Sell / Strong sell0 / 1
Held by insiders3.90%
Held by institutions35.16%
Institutions holding58
Free account required

Price targets, consensus spread, insider and institutional ownership.

Insider net activity

6m · Form 4 rollup
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
Net transactions
0
Buys less sells
Sell : buy shares
Not enough filings
Insider-held shares
837.58K
Total on file

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Jun 18, 26
BOLDUC JOHN P
Director
BUY 15.38K $99.82K Indirect
Jun 15, 26
ARONSON STUART D.
Chief Executive Officer
BUY 15.00K $96.15K Direct
Jun 5, 26
BOLDUC JOHN P
Director
BUY 14.28K $97.39K Indirect
Jun 2, 26
BOLDUC JOHN P
Director
BUY 14.28K $97.75K Indirect
May 29, 26
BOLDUC JOHN P
Director
BUY 21.42K $146.19K Indirect
May 29, 26
VOLPE JOHN PAUL
Director
BUY 1.00K $6.74K Direct
May 22, 26
ARONSON STUART D.
Chief Executive Officer
BUY 32.00K $210.06K Direct
May 21, 26
THOMAS JOYSON C.
Chief Financial Officer
BUY 3.00K $19.86K Direct
Mar 23, 26
ARONSON STUART D.
Chief Executive Officer
BUY 13.00K $91.10K Direct
Mar 16, 26
BOLDUC JOHN P
Director
BUY 25.17K $179.59K Indirect
Mar 13, 26
VOLPE JOHN PAUL
Director
BUY 1.00K $7.18K Direct
Mar 6, 26
BOLDUC JOHN P
Director
BUY 16.67K $119.71K Indirect
Dec 24, 25
BOLDUC JOHN P
Director
BUY 23.17K $162.06K Indirect
Dec 24, 25
THOMAS JOYSON C.
Chief Financial Officer
BUY 4.50K $31.56K Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

4 reporting
NameRelationShares heldLatest
ARONSON STUART D.
Chief Executive Officer 127.00K Purchase
BOLDUC JOHN P
Director Purchase
THOMAS JOYSON C.
Chief Financial Officer 25.00K Purchase
VOLPE JOHN PAUL
Director 2.00K Purchase

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
7.07
+1.32% from price
SMA 20
6.80
+5.25% from price
SMA 50
6.63
+8.05% from price
SMA 100
6.95
+2.96% from price
SMA 200
6.98
+2.58% from price
EMA 12
6.99
+2.36% from price
EMA 26
6.83
+4.76% from price
EMA 50
6.78
+5.62% from price
RSI (14)
62.6
Neutral
MACD (12,26,9)
0.16
Hist 0.04
ATR (14)
0.20
2.74% of price
Realised vol 30D
27.0%
Annualised
Bollinger upper
7.39
20, 2σ
Bollinger lower
6.22
20, 2σ
50 / 200 cross
Death
6.63 vs 6.98
Trend bias
Above 200
+2.58%

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.35
Less volatile than market
Correlation to SPY
0.14
Largely independent
Realised vol 30D
27.0%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-29.9%
Peak to trough
Max drawdown 5Y
-61.8%
Peak to trough
ATR 14
0.20
2.74% of price
Beta (reported)
0.41
5Y monthly, from filing

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Options analytics

Account required
Put / call volume
0.00
Call-heavy session
Put / call open interest
0.00
Positioning, not flow
Max pain
12.50
+74.6% from spot
ATM implied vol
192.2%
Nearest strike to spot
Skew (10% OTM)
Call volume
1
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
12.50
3 contracts
Heaviest put OI

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Options chain

Account required
ExpirySpot 7.16
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.