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Logan Ridge FinanceNASDAQ: LRFC

Profile

Country:

United States

IPO:

24 September 2013

Next earnings report:

26 March 2025

Last dividends:

19 November 2024

Next dividends:

N/A
$66.95 M
-5%vs. 3y high
15%vs. sector
-vs. 3y high
-vs. sector
-2%vs. 3y high
19%vs. sector
-49%vs. 3y high
100%vs. sector

Price

regular market | Wed, 20 Nov 2024 21:00:00 GMT
$25.11-$0.19(-0.76%)
-$70.00 K$5.00 M
-$70.00 K-$1.35 M

Analysts recommendations

Institutional Ownership

LRFC Latest News

Logan Ridge Finance Corporation Announces the Successful Exit of its Largest Equity Investment, Nth Degree Investment Group, LLC
globenewswire.com12 September 2024 Sentiment: POSITIVE

NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) --  Logan Ridge Finance Corporation (Nasdaq: LRFC) (the “Company”) today announced that as of September 10, 2024, it has exited its largest equity investment, Nth Degree Investment Group, LLC (“Nth Degree”), at or above its previously reported fair value as of June 30, 2024.

Logan Ridge Finance Corporation Amends and Extends its Existing Senior Secured Revolving Credit Facility
globenewswire.com21 August 2024 Sentiment: POSITIVE

Reduces Interest Rate Margin During the Reinvestment Period to 2.80% from 2.90% Extends Reinvestment Period and Maturity Date to August 2027 and August 2029, Respectively Revises Advance Rates and Concentration Limits NEW YORK, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (Nasdaq: LRFC) (the “Company”) today announced that it has amended and extended its existing senior secured revolving credit facility (as amended, the “Credit Facility”) with KeyBank National Association. Under the terms of the amendment, the applicable margin during the reinvestment period was reduced from 2.90% per annum to 2.80% per annum, and the applicable margin during the amortization period was reduced from 3.25% per annum to 3.20% per annum.

Logan Ridge Finance Corporation (LRFC) Q2 2024 Earnings Call Transcript
seekingalpha.com09 August 2024 Sentiment: POSITIVE

Logan Ridge Finance Corporation (NASDAQ:LRFC ) Q2 2024 Earnings Call Transcript August 9, 2024 11:00 AM ET Company Participants Ted Goldthorpe - CEO, President and Director Patrick Schafer - CIO Brandon Satoren - CFO Conference Call Participants Christopher Nolan - Ladenburg Thalmann Steven Martin - Slater Capital Management Operator Thank you. Good morning, and welcome to Logan Ridge Finance Corporation's Second Quarter Ended June 30, 2024, Earnings Conference Call.

Logan Ridge Finance Corporation Schedules Second Quarter 2024 Earnings Release and Conference Call
globenewswire.com08 July 2024 Sentiment: POSITIVE

NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (Nasdaq: LRFC) (“LRFC,” “Logan Ridge” or the “Company”) to release its financial results for the second quarter ended June 30, 2024, on Thursday, August 8, 2024, after market close. The Company will host a conference call on Friday, August 9, 2024, at 11:00 a.m.

Logan Ridge Finance Corporation (LRFC) Q4 2023 Earnings Call Transcript
Seeking Alpha29 March 2024 Sentiment: POSITIVE

Logan Ridge Finance Corporation (LRFC) Q4 2023 Earnings Call Transcript

Logan Ridge Finance Corporation to Delay Fourth Quarter and Full Year 2023 Earnings Release and Conference Call; Provides Preliminary Financial Results
GlobeNewsWire12 March 2024 Sentiment: POSITIVE

Preliminarily Reports Strong 2023 Results  with Net Investment Income of $1.43 Per Share, Total Investment Income of $20.2 Million

Logan Ridge Finance Corporation (LRFC) Q3 2023 Earnings Call Transcript
Seeking Alpha09 November 2023 Sentiment: POSITIVE

Logan Ridge Finance Corporation (NASDAQ:LRFC ) Q3 2023 Earnings Conference Call November 9, 2023 5:00 PM ET Company Participants Ted Goldthorpe - Chief Executive Officer, President & Director Patrick Schafer - Chief Investment Officer Jason Roos - Chief Financial Officer Conference Call Participants Christopher Nolan - Ladenburg Thalmann Operator Thank you for standing-by and welcome to Logan Ridge Finance Corporation's Third Quarter Ended September 30, 2023 Earnings Conference Call. An earnings press release was distributed yesterday after the close of the market.

Logan Ridge (LRFC) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
Zacks Investment Research06 June 2023 Sentiment: POSITIVE

Logan Ridge (LRFC) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Here's Why Logan Ridge (LRFC) is Poised for a Turnaround After Losing -6.27% in 4 Weeks
Zacks Investment Research06 June 2023 Sentiment: POSITIVE

The heavy selling pressure might have exhausted for Logan Ridge (LRFC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Logan Ridge Finance Corporation (LRFC) Q1 2023 Earnings Call Transcript
Seeking Alpha11 May 2023 Sentiment: POSITIVE

Logan Ridge Finance Corporation (NASDAQ:LRFC ) Q1 2023 Earnings Conference Call May 11, 2023 10:00 AM ET Company Participants Ted Goldthorpe - President and Chief Executive Officer Patrick Schafer - Chief Investment Officer Jason Roos - Chief Financial Officer Conference Call Participants Christopher Nolan - Ladenburg Thalmann & Co. Steven Martin - Slater Capital Management LLC Operator Thank you. Good morning, and welcome to Logan Ridge Finance Corporation's First Quarter Ended March 31, 2023 Earnings Conference Call.

What type of business is Logan Ridge Finance?

Logan Ridge Finance Corporation, formerly known as, Capitala Finance Corp. is a Business Development Company specializing in senior subordinated debt and unitranche debt, unitranche loan, first-lien and second-lien loans, lower middle market and middle market, equity co-investment in sponsored companies. The fund targets companies in the Aerospace, defense, business services, education, food and beverage, Industrial & Environmental Services, logistics, distribution, media, telecommunication, manufacturing, consumer goods and health-care industries. It typically considers investments in the United States. The fund invests $5 million and $50 million per transaction in companies with EBITDA between $5 million to $50 million and enterprise value less than $250 million. The fund makes minority equity co-investments, alongside management or financial sponsors.

What sector is Logan Ridge Finance in?

Logan Ridge Finance is in the Financial Services sector

What industry is Logan Ridge Finance in?

Logan Ridge Finance is in the Asset Management industry

What country is Logan Ridge Finance from?

Logan Ridge Finance is headquartered in United States

When did Logan Ridge Finance go public?

Logan Ridge Finance initial public offering (IPO) was on 24 September 2013

What is Logan Ridge Finance website?

https://www.loganridgefinance.com

Is Logan Ridge Finance in the S&P 500?

No, Logan Ridge Finance is not included in the S&P 500 index

Is Logan Ridge Finance in the NASDAQ 100?

No, Logan Ridge Finance is not included in the NASDAQ 100 index

Is Logan Ridge Finance in the Dow Jones?

No, Logan Ridge Finance is not included in the Dow Jones index

When was Logan Ridge Finance the previous earnings report?

No data

When does Logan Ridge Finance earnings report?

The next expected earnings date for Logan Ridge Finance is 26 March 2025