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Logan Ridge Finance (LRFC) Company Overview

Profile

Full Name:

Logan Ridge Finance Corporation

Country:

United States

IPO:

September 24, 2013

Indexes:

Not included

Description:

Logan Ridge Finance (LRFC) is a financial services company that specializes in providing debt and equity investments to middle-market companies. It focuses on generating income and capital appreciation for its investors by supporting businesses in various sectors through tailored financing solutions.

Key Details

Price

$24.80

Annual Revenue

$1.86 M(+124.45% YoY)

Annual EPS

-$0.92(+79.28% YoY)

Beta

-0.02

Events Calendar

Earnings

Next earnings date:

Mar 13, 2025

Recent quarterly earnings:

Nov 7, 2024

Recent annual earnings:

Mar 26, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 19, 2024
Splits

Next split:

N/A

Recent split:

Aug 24, 2020

Analyst ratings

Recent major analysts updates

Aug 17, 21 Ladenburg Thalmann
Buy

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Shareholder Alert: Ademi & Fruchter LLP Investigates Whether Logan Ridge Finance Corporation Is Obtaining a Fair Price for Its Public Shareholders
Shareholder Alert: Ademi & Fruchter LLP Investigates Whether Logan Ridge Finance Corporation Is Obtaining a Fair Price for Its Public Shareholders
Shareholder Alert: Ademi & Fruchter LLP Investigates Whether Logan Ridge Finance Corporation Is Obtaining a Fair Price for Its Public Shareholders
LRFC
businesswire.comJanuary 31, 2025

MILWAUKEE--(BUSINESS WIRE)--Ademi & Fruchter LLP is investigating Logan Ridge (Nasdaq: LRFC) for possible breaches of fiduciary duty and other violations of law in its transaction with Portman Ridge. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, Logan Ridge stockholders will receive only 1.50 shares of Portman Ridge common stock in.

Recent Price Trend in Logan Ridge (LRFC) is Your Friend, Here's Why
Recent Price Trend in Logan Ridge (LRFC) is Your Friend, Here's Why
Recent Price Trend in Logan Ridge (LRFC) is Your Friend, Here's Why
LRFC
zacks.comDecember 2, 2024

Logan Ridge (LRFC) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Recent Price Trend in Logan Ridge (LRFC) is Your Friend, Here's Why
Recent Price Trend in Logan Ridge (LRFC) is Your Friend, Here's Why
Recent Price Trend in Logan Ridge (LRFC) is Your Friend, Here's Why
LRFC
zacks.comDecember 2, 2024

Logan Ridge (LRFC) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Logan Ridge Finance Corporation Announces the Successful Exit of its Largest Equity Investment, Nth Degree Investment Group, LLC
Logan Ridge Finance Corporation Announces the Successful Exit of its Largest Equity Investment, Nth Degree Investment Group, LLC
Logan Ridge Finance Corporation Announces the Successful Exit of its Largest Equity Investment, Nth Degree Investment Group, LLC
LRFC
globenewswire.comSeptember 12, 2024

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
Logan Ridge Finance Corporation Amends and Extends its Existing Senior Secured Revolving Credit Facility
Logan Ridge Finance Corporation Amends and Extends its Existing Senior Secured Revolving Credit Facility
LRFC
globenewswire.comAugust 21, 2024

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
Logan Ridge Finance Corporation (LRFC) Q2 2024 Earnings Call Transcript
Logan Ridge Finance Corporation (LRFC) Q2 2024 Earnings Call Transcript
LRFC
seekingalpha.comAugust 9, 2024

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
Logan Ridge Finance Corporation Schedules Second Quarter 2024 Earnings Release and Conference Call
Logan Ridge Finance Corporation Schedules Second Quarter 2024 Earnings Release and Conference Call
LRFC
globenewswire.comJuly 8, 2024

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
Logan Ridge Finance Corporation (LRFC) Q4 2023 Earnings Call Transcript
Logan Ridge Finance Corporation (LRFC) Q4 2023 Earnings Call Transcript
LRFC
Seeking AlphaMarch 29, 2024

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
Logan Ridge Finance Corporation to Delay Fourth Quarter and Full Year 2023 Earnings Release and Conference Call; Provides Preliminary Financial Results
Logan Ridge Finance Corporation to Delay Fourth Quarter and Full Year 2023 Earnings Release and Conference Call; Provides Preliminary Financial Results
LRFC
GlobeNewsWireMarch 12, 2024

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
Logan Ridge Finance Corporation (LRFC) Q3 2023 Earnings Call Transcript
Logan Ridge Finance Corporation (LRFC) Q3 2023 Earnings Call Transcript
LRFC
Seeking AlphaNovember 9, 2023

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.

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FAQ

  • What is the ticker symbol for Logan Ridge Finance?
  • Does Logan Ridge Finance pay dividends?
  • What sector is Logan Ridge Finance in?
  • What industry is Logan Ridge Finance in?
  • What country is Logan Ridge Finance based in?
  • When did Logan Ridge Finance go public?
  • Is Logan Ridge Finance in the S&P 500?
  • Is Logan Ridge Finance in the NASDAQ 100?
  • Is Logan Ridge Finance in the Dow Jones?
  • When was Logan Ridge Finance's last earnings report?
  • When does Logan Ridge Finance report earnings?
  • Should I buy Logan Ridge Finance stock now?

What is the ticker symbol for Logan Ridge Finance?

The ticker symbol for Logan Ridge Finance is NASDAQ:LRFC

Does Logan Ridge Finance pay dividends?

Yes, Logan Ridge Finance pays dividends. The last payment was $0.36, with an ex-dividend date on November 19, 2024

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 based in?

Logan Ridge Finance is headquartered in United States

When did Logan Ridge Finance go public?

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

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's last earnings report?

Logan Ridge Finance's most recent earnings report was on Nov 7, 2024

When does Logan Ridge Finance report earnings?

The next expected earnings date for Logan Ridge Finance is Mar 13, 2025

Should I buy Logan Ridge Finance stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions