Financial Services -
Asset Management - NASDAQ - US
$ 23.92
0.0837 %
$ 63.8 M
Market Cap
-19.61
P/E
1. INTRINSIC VALUE
Balance Sheet
Logan Ridge Finance Corporation
| Current Assets | 25.8 M |
| Cash & Short-Term Investments | 22.3 M |
| Receivables | 1.37 M |
| Other Current Assets | 2.16 M |
| Non-Current Assets | 174 M |
| Long-Term Investments | 171 M |
| PP&E | 0 |
| Other Non-Current Assets | 2.37 M |
| Current Liabilities | 833 K |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 833 K |
| Non-Current Liabilities | 102 M |
| Long-Term Debt | 102 M |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
Logan Ridge Finance Corporation
| Revenue | 3.78 M |
| Cost Of Revenue | 0 |
| Gross Profit | 3.78 M |
| Operating Expenses | 3.8 M |
| Operating Income | 1.92 M |
| Other Expenses | 4.4 M |
| Net Income | -2.48 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Logan Ridge Finance Corporation
| Net Income | -2.48 M |
| Depreciation & Amortization | -2.06 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 4.56 M |
| Others | 15.3 M |
| Free Cash Flow | 16.8 M |
Wall Street Analysts Price Targets
Logan Ridge Finance Corporation
LRFC has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
1.33%
DIVIDEND YIELD
0.36 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Logan Ridge Finance Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
3 years ago
Nov 16, 2021
|
Bought
12.7 K USD
|
Schafer Patrick
Chief Investment Officer
|
+ 500
|
25.446 USD |
|
3 years ago
Nov 15, 2021
|
Bought
12.5 K USD
|
Schafer Patrick
Chief Investment Officer
|
+ 500
|
24.991 USD |
|
3 years ago
Jun 23, 2021
|
Bought
49.6 K USD
|
Carroll Larry W.
Director
|
+ 2000
|
24.8 USD |
|
3 years ago
Jun 16, 2021
|
Bought
88 K USD
|
Carroll Larry W.
Director
|
+ 3400
|
25.87 USD |
|
3 years ago
Jun 14, 2021
|
Bought
78.9 K USD
|
Carroll Larry W.
Director
|
+ 3000
|
26.31 USD |
|
4 years ago
Dec 17, 2020
|
Bought
24.7 K USD
|
Carroll Larry W.
Director
|
+ 1766
|
14 USD |
|
4 years ago
Dec 16, 2020
|
Bought
36.2 K USD
|
Carroll Larry W.
Director
|
+ 2592
|
13.98 USD |
|
4 years ago
Dec 15, 2020
|
Bought
49.5 K USD
|
Carroll Larry W.
Director
|
+ 3541
|
13.98 USD |
|
4 years ago
Dec 08, 2020
|
Bought
28.3 K USD
|
Carroll Larry W.
Director
|
+ 2000
|
14.15 USD |
|
4 years ago
Nov 20, 2020
|
Bought
52.4 K USD
|
Carroll Larry W.
Director
|
+ 5000
|
10.47 USD |
|
4 years ago
Nov 18, 2020
|
Bought
35.3 K USD
|
Carroll Larry W.
Director
|
+ 3371
|
10.48 USD |
|
4 years ago
Nov 06, 2020
|
Bought
58.2 K USD
|
Carroll Larry W.
Director
|
+ 5968
|
9.7521 USD |
|
4 years ago
Aug 31, 2020
|
Bought
68.7 K USD
|
Carroll Larry W.
Director
|
+ 6667
|
10.2997 USD |
|
4 years ago
Aug 31, 2020
|
Bought
68.7 K USD
|
Carroll Larry W.
Director
|
+ 6667
|
10.2997 USD |
|
5 years ago
Jun 13, 2019
|
Sell 23.6 K
USD
|
Wheelahan Richard
Chief Compliance Officer
|
- 2576
|
9.17 USD |
|
5 years ago
Jun 13, 2019
|
Bought
23.6 K USD
|
Alala Joseph B III
See Remarks
|
+ 2576
|
9.17 USD |
|
6 years ago
Dec 20, 2018
|
Bought
10.1 K USD
|
Arnall Stephen A.
Chief Financial Officer
|
+ 1500
|
6.76 USD |
|
6 years ago
May 25, 2018
|
Bought
37 K USD
|
Carroll Larry W.
Director
|
+ 4533
|
8.1593 USD |
|
6 years ago
Mar 23, 2018
|
Bought
16.1 K USD
|
Carroll Larry W.
Director
|
+ 2058
|
7.8 USD |
|
6 years ago
Mar 22, 2018
|
Bought
26.6 K USD
|
Carroll Larry W.
Director
|
+ 3409
|
7.8 USD |
|
7 years ago
Dec 21, 2017
|
Bought
75 K USD
|
Carroll Larry W.
Director
|
+ 10000
|
7.5 USD |
|
7 years ago
Dec 01, 2017
|
Bought
76.2 K USD
|
Carroll Larry W.
Director
|
+ 10000
|
7.62 USD |
|
7 years ago
Dec 01, 2017
|
Bought
1.98 K USD
|
Alala Joseph B III
See Remarks
|
+ 260
|
7.62 USD |
|
7 years ago
Nov 14, 2017
|
Bought
70.2 K USD
|
Alala Joseph B III
See Remarks
|
+ 9000
|
7.7971 USD |
|
7 years ago
Nov 14, 2017
|
Bought
156 K USD
|
Alala Joseph B III
See Remarks
|
+ 20000
|
7.7794 USD |
|
7 years ago
Nov 13, 2017
|
Bought
466 K USD
|
Alala Joseph B III
See Remarks
|
+ 60000
|
7.76 USD |
|
7 years ago
Nov 13, 2017
|
Bought
76.2 K USD
|
Carroll Larry W.
Director
|
+ 10000
|
7.6197 USD |
|
7 years ago
Sep 21, 2017
|
Bought
912 USD
|
Alala Joseph B III
See Remarks
|
+ 100
|
9.118 USD |
|
7 years ago
Sep 21, 2017
|
Bought
911 USD
|
Alala Joseph B III
See Remarks
|
+ 100
|
9.106 USD |
|
7 years ago
Aug 11, 2017
|
Bought
163 K USD
|
Carroll Larry W.
Director
|
+ 17850
|
9.1354 USD |
|
7 years ago
Aug 10, 2017
|
Bought
19.9 K USD
|
Carroll Larry W.
Director
|
+ 2150
|
9.24 USD |
|
7 years ago
Aug 14, 2017
|
Bought
4.6 K USD
|
BROYHILL MARKHAM HUNT
Director
|
+ 500
|
9.2 USD |
|
7 years ago
Aug 11, 2017
|
Bought
22.5 K USD
|
BROYHILL MARKHAM HUNT
Director
|
+ 2500
|
9.0099 USD |
|
7 years ago
Aug 11, 2017
|
Bought
4.5 K USD
|
BROYHILL MARKHAM HUNT
Director
|
+ 500
|
8.9981 USD |
|
7 years ago
Aug 11, 2017
|
Bought
4.5 K USD
|
BROYHILL MARKHAM HUNT
Director
|
+ 500
|
8.9981 USD |
|
10 years ago
May 16, 2014
|
Bought
20 K USD
|
BROYHILL MARKHAM HUNT
Director
|
+ 1098
|
18.1914 USD |
|
7 years ago
Aug 11, 2017
|
Bought
86.5 K USD
|
Alala Joseph B III
See Remarks
|
+ 9611
|
8.9998 USD |
|
7 years ago
Aug 11, 2017
|
Bought
9.99 K USD
|
Wheelahan Richard
Chief Compliance Officer
|
+ 1111
|
8.9907 USD |
|
7 years ago
Aug 11, 2017
|
Bought
40 K USD
|
McGlinn John F.
See Remarks
|
+ 4444
|
9 USD |
|
7 years ago
Aug 10, 2017
|
Bought
9.96 K USD
|
Arnall Stephen A.
Chief Financial Officer
|
+ 1100
|
9.054 USD |
|
7 years ago
Aug 10, 2017
|
Bought
19.9 K USD
|
Carroll Larry W.
Director
|
+ 2150
|
9.24 USD |
|
7 years ago
Aug 11, 2017
|
Bought
163 K USD
|
Carroll Larry W.
Director
|
+ 17850
|
9.1354 USD |
|
8 years ago
Nov 15, 2016
|
Bought
84.1 K USD
|
Carroll Larry W.
Director
|
+ 7000
|
12.0133 USD |
|
8 years ago
Mar 21, 2016
|
Bought
80.9 K USD
|
BROYHILL MARKHAM HUNT
Director
|
+ 7000
|
11.5622 USD |
|
8 years ago
Mar 18, 2016
|
Bought
34.6 K USD
|
BROYHILL MARKHAM HUNT
Director
|
+ 3000
|
11.5332 USD |
|
8 years ago
Mar 14, 2016
|
Bought
25 K USD
|
McGlinn John F.
COO, Secretary and Treasurer
|
+ 2190
|
11.4 USD |
|
9 years ago
Dec 23, 2015
|
Bought
985 K USD
|
Alala Joseph B III
See Remarks
|
+ 84950
|
11.6 USD |
|
9 years ago
Dec 15, 2015
|
Bought
48.8 K USD
|
Alala Joseph B III
See Remarks
|
+ 4075
|
11.98 USD |
|
9 years ago
Dec 10, 2015
|
Bought
38.7 K USD
|
Carroll Larry W.
Director
|
+ 3000
|
12.9 USD |
|
9 years ago
Nov 13, 2015
|
Bought
10.1 K USD
|
Arnall Stephen A.
Chief Financial Officer
|
+ 750
|
13.4999 USD |
|
9 years ago
Sep 23, 2015
|
Bought
99.1 K USD
|
Alala Joseph B III
Chmn BOD, CEO & Pres
|
+ 7420
|
13.3499 USD |
|
9 years ago
Aug 24, 2015
|
Bought
99.4 K USD
|
Alala Joseph B III
See Remarks
|
+ 7500
|
13.2467 USD |
|
9 years ago
Aug 25, 2015
|
Bought
67.5 K USD
|
Carroll Larry W.
Director
|
+ 5000
|
13.5 USD |
|
9 years ago
Aug 25, 2015
|
Bought
30 K USD
|
McGlinn John F.
COO, Secretary and Treasurer
|
+ 2150
|
13.94 USD |
|
9 years ago
Aug 24, 2015
|
Bought
140 K USD
|
BROYHILL MARKHAM HUNT
Director
|
+ 10000
|
13.9883 USD |
|
9 years ago
Aug 21, 2015
|
Bought
72.5 K USD
|
Carroll Larry W.
Director
|
+ 5000
|
14.5 USD |
|
9 years ago
Aug 13, 2015
|
Bought
18.2 K USD
|
Alala Joseph B III
See Remarks
|
+ 1220
|
14.89 USD |
|
9 years ago
Aug 13, 2015
|
Bought
80.4 K USD
|
Alala Joseph B III
See Remarks
|
+ 5380
|
14.94 USD |
|
9 years ago
Aug 13, 2015
|
Bought
50 K USD
|
McGlinn John F.
COO, Secretary and Treasurer
|
+ 3410
|
14.65 USD |
|
9 years ago
Jun 12, 2015
|
Bought
82.2 K USD
|
Carroll Larry W.
Director
|
+ 5000
|
16.44 USD |
|
9 years ago
Jun 10, 2015
|
Bought
67.2 K USD
|
Carroll Larry W.
Director
|
+ 3950
|
17 USD |
|
9 years ago
May 27, 2015
|
Bought
10.3 K USD
|
Arnall Stephen A.
Chief Financial Officer
|
+ 600
|
17.1692 USD |
|
9 years ago
May 22, 2015
|
Bought
17.8 K USD
|
Carroll Larry W.
Director
|
+ 1050
|
17 USD |
|
9 years ago
May 20, 2015
|
Bought
25.1 K USD
|
Wheelahan Richard
Chief Compliance Officer
|
+ 1465
|
17.107 USD |
|
9 years ago
May 20, 2015
|
Bought
8.58 K USD
|
MOYER CHARLES
Director
|
+ 500
|
17.1672 USD |
|
9 years ago
May 19, 2015
|
Bought
20 K USD
|
McGlinn John F.
COO, Secretary and Treasurer
|
+ 1170
|
17.1 USD |
|
9 years ago
May 20, 2015
|
Bought
99.5 K USD
|
Alala Joseph B III
See remarks
|
+ 5800
|
17.15 USD |
|
9 years ago
May 19, 2015
|
Bought
99.2 K USD
|
Alala Joseph B III
See remarks
|
+ 5800
|
17.1 USD |
|
9 years ago
May 15, 2015
|
Bought
35 K USD
|
McGlinn John F.
COO, Secretary and Treasurer
|
+ 2000
|
17.49 USD |
|
9 years ago
Mar 23, 2015
|
Bought
139 K USD
|
Alala Joseph B III
Chairman BoD, CEO, President
|
+ 7409
|
18.7601 USD |
|
9 years ago
Mar 20, 2015
|
Bought
47 K USD
|
Chapman H. Paul
Director
|
+ 2500
|
18.7952 USD |
|
10 years ago
Dec 23, 2014
|
Bought
85.5 K USD
|
Carroll Larry W.
Director
|
+ 4700
|
18.19 USD |
|
10 years ago
Dec 22, 2014
|
Bought
175 K USD
|
Alala Joseph B III
Chairman BoD, CEO, President
|
+ 8751
|
20 USD |
|
10 years ago
Dec 19, 2014
|
Bought
9.4 K USD
|
Arnall Stephen A.
Chief Financial Officer
|
+ 500
|
18.7926 USD |
|
10 years ago
Dec 18, 2014
|
Bought
35.1 K USD
|
McGlinn John F.
COO, Secretary and Treasurer
|
+ 1900
|
18.45 USD |
|
10 years ago
Nov 26, 2014
|
Bought
18.7 K USD
|
BROYHILL MARKHAM HUNT
Director
|
+ 1000
|
18.744 USD |
|
10 years ago
Nov 25, 2014
|
Bought
188 K USD
|
Alala Joseph B III
Chairman BoD, CEO, President
|
+ 10000
|
18.75 USD |
|
10 years ago
Nov 19, 2014
|
Bought
283 K USD
|
BROYHILL MARKHAM HUNT
Director
|
+ 15000
|
18.8502 USD |
|
10 years ago
Sep 18, 2014
|
Bought
27.6 K USD
|
Carroll Larry W.
Director
|
+ 1530
|
18.05 USD |
|
10 years ago
Sep 03, 2014
|
Bought
98.4 K USD
|
Alala Joseph B III
See Remarks
|
+ 5200
|
18.92 USD |
|
10 years ago
Aug 18, 2014
|
Bought
50.1 K USD
|
McGlinn John F.
COO, Secretary and Treasurer
|
+ 2650
|
18.899 USD |
|
10 years ago
Jun 18, 2014
|
Bought
93.4 K USD
|
Chapman H. Paul
Director
|
+ 5000
|
18.68 USD |
|
10 years ago
Jun 17, 2014
|
Bought
501 K USD
|
BROYHILL MARKHAM HUNT
Director
|
+ 27000
|
18.5503 USD |
|
10 years ago
May 19, 2014
|
Bought
250 K USD
|
BROYHILL MARKHAM HUNT
Director
|
+ 13580
|
18.4053 USD |
|
10 years ago
May 16, 2014
|
Bought
103 K USD
|
Carroll Larry W.
Director
|
+ 5705
|
18 USD |
|
10 years ago
May 15, 2014
|
Bought
199 K USD
|
Carroll Larry W.
Director
|
+ 11039
|
17.9983 USD |
|
10 years ago
May 16, 2014
|
Bought
9.1 K USD
|
MOYER CHARLES
Director
|
+ 500
|
18.19 USD |
|
10 years ago
May 16, 2014
|
Bought
20 K USD
|
BROYHILL MARKHAM HUNT
Director
|
+ 1098
|
18.1914 USD |
|
10 years ago
May 15, 2014
|
Bought
994 K USD
|
Alala Joseph B III
SEE REMARKS
|
+ 55118
|
18.0414 USD |
|
11 years ago
Dec 17, 2013
|
Bought
198 K USD
|
BROYHILL MARKHAM HUNT
Director
|
+ 10000
|
19.7664 USD |
|
11 years ago
Dec 12, 2013
|
Bought
98.9 K USD
|
BROYHILL MARKHAM HUNT
Director
|
+ 5000
|
19.7816 USD |
|
11 years ago
Dec 11, 2013
|
Bought
5.49 K USD
|
Wheelahan Richard
Chief Compliance Officer
|
+ 280
|
19.6 USD |
|
11 years ago
Oct 22, 2013
|
Bought
19 USD
|
Wheelahan Richard
Chief Compliance Officer
|
+ 1
|
19 USD |
|
11 years ago
Sep 27, 2013
|
Bought
192 USD
|
Wheelahan Richard
Chief Compliance Officer
|
+ 10
|
19.15 USD |
|
11 years ago
Dec 06, 2013
|
Bought
11.7 K USD
|
MOYER CHARLES
Director
|
+ 600
|
19.46 USD |
|
11 years ago
Dec 04, 2013
|
Bought
9.9 K USD
|
BROYHILL MARKHAM HUNT
Director
|
+ 500
|
19.7999 USD |
|
11 years ago
Dec 04, 2013
|
Bought
9.9 K USD
|
BROYHILL MARKHAM HUNT
Director
|
+ 500
|
19.7922 USD |
|
11 years ago
Nov 27, 2013
|
Bought
29.6 K USD
|
McGlinn John F.
COO, Secretary and Treasurer
|
+ 1500
|
19.75 USD |
|
11 years ago
Nov 26, 2013
|
Bought
19.6 K USD
|
McGlinn John F.
COO, Secretary and Treasurer
|
+ 1000
|
19.65 USD |
|
11 years ago
Oct 22, 2013
|
Bought
114 USD
|
McGlinn John F.
COO, Secretary and Treasurer
|
+ 6
|
19 USD |
|
11 years ago
Oct 18, 2013
|
Bought
96 USD
|
McGlinn John F.
COO, Secretary and Treasurer
|
+ 5
|
19.2 USD |
|
11 years ago
Oct 11, 2013
|
Bought
274 USD
|
McGlinn John F.
COO, Secretary and Treasurer
|
+ 15
|
18.299 USD |
|
11 years ago
Sep 27, 2013
|
Bought
1.34 K USD
|
McGlinn John F.
COO, Secretary and Treasurer
|
+ 70
|
19.15 USD |
|
11 years ago
Nov 21, 2013
|
Bought
20.9 K USD
|
Alala Joseph B III
See Remarks
|
+ 1100
|
19 USD |
|
11 years ago
Nov 20, 2013
|
Bought
179 K USD
|
Alala Joseph B III
See Remarks
|
+ 9400
|
18.999 USD |
|
11 years ago
Nov 21, 2013
|
Bought
20.9 K USD
|
Alala Joseph B III
See Remarks
|
+ 1100
|
19 USD |
|
11 years ago
Nov 20, 2013
|
Bought
179 K USD
|
Alala Joseph B III
See Remarks
|
+ 9400
|
18.999 USD |
|
11 years ago
Nov 18, 2013
|
Bought
1.91 K USD
|
Arnall Stephen A.
Chief Financial Officer
|
+ 100
|
19.144 USD |
|
11 years ago
Nov 18, 2013
|
Bought
10.6 K USD
|
Arnall Stephen A.
Chief Financial Officer
|
+ 555
|
19.14 USD |
|
11 years ago
Nov 18, 2013
|
Bought
1.91 K USD
|
Arnall Stephen A.
Chief Financial Officer
|
+ 100
|
19.135 USD |
|
11 years ago
Nov 18, 2013
|
Bought
5.45 K USD
|
Arnall Stephen A.
Chief Financial Officer
|
+ 285
|
19.13 USD |
|
11 years ago
Nov 18, 2013
|
Bought
16.4 K USD
|
Arnall Stephen A.
Chief Financial Officer
|
+ 860
|
19.125 USD |
|
11 years ago
Nov 18, 2013
|
Bought
3.82 K USD
|
Arnall Stephen A.
Chief Financial Officer
|
+ 200
|
19.124 USD |
|
11 years ago
Nov 18, 2013
|
Bought
5.74 K USD
|
Arnall Stephen A.
Chief Financial Officer
|
+ 300
|
19.1225 USD |
|
11 years ago
Nov 18, 2013
|
Bought
3.82 K USD
|
Arnall Stephen A.
Chief Financial Officer
|
+ 200
|
19.12 USD |
|
11 years ago
Sep 30, 2013
|
Bought
48 K USD
|
Chapman H. Paul
Director
|
+ 2500
|
19.1999 USD |
7. News
1 Underrated And 1 Overrated BDC Yielding 9%+
The BDC universe is small and a large chunk of it is uninvestable for institutional money managers. This renders the sector susceptible to emotional and unsubstantiated flows that ultimately create dislocations. I share two BDCs that offer yields of around 9.5%.
seekingalpha.com
- 1 week ago
Logan Ridge (LRFC) is on the Move, Here's Why the Trend Could be Sustainable
Logan Ridge (LRFC) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
zacks.com
- 3 weeks ago
Boards of Directors of Portman Ridge Finance Corporation and Logan Ridge Finance Corporation Form Special Committees to Continue Evaluating Potential Business Combination
NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (“Portman Ridge”) and Logan Ridge Finance Corporation (Nasdaq: LRFC) (“Logan Ridge”) announced today that their boards of directors have established special committees of independent directors to more fully evaluate the potential business combination of the two companies that was previously disclosed in their respective Form 10-Q filings with the Securities and Exchange Commission (the “SEC”), which may result in the use of an exchange ratio other than NAV-for-NAV (including but not limited to relative market price or a fixed exchange ratio) in connection therewith.
globenewswire.com
- 1 month ago
Recent Price Trend in Logan Ridge (LRFC) is Your Friend, Here's Why
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.
zacks.com
- 1 month ago
Recent Price Trend in Logan Ridge (LRFC) is Your Friend, Here's Why
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.
zacks.com
- 1 month ago
Logan Ridge (LRFC) Is a Great Choice for 'Trend' Investors, Here's Why
Logan Ridge (LRFC) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
zacks.com
- 2 months ago
Logan Ridge Finance Corporation (LRFC) Q3 2024 Earnings Call Transcript
Logan Ridge Finance Corporation (NASDAQ:LRFC ) Q3 2024 Earnings Conference Call November 12, 2024 11:00 AM ET Company Participants Ted Goldthorpe - CEO, President & Director Brandon Satoren - CFO Patrick Schafer - CIO Conference Call Participants Christopher Nolan - Ladenburg Thalmann Steven L. Martin - Slater Operator Thank you.
seekingalpha.com
- 2 months ago
Logan Ridge Finance Corporation Announces Third Quarter 2024 Financial Results
Reports Solid Results with Net Investment Income of $0.37 Per Share, and Net Asset Value of $32.31 Per Share Recurring PIK Income as a Percentage of Total Investment Income Declines by Over 200 Basis Points Exits Largest Equity Investment, Nth Degree Investment Group, LLC (“Nth Degree”) Declared a Distribution of $0.36 Per Share for the Fourth Quarter of 2024, Which Represents a 9% Increase Compared to the Third Quarter of 2024 NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (“Logan Ridge”, “LRFC”, the “Company”, “we”, “us” or “our”) (Nasdaq: LRFC) announced today its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Total Investment Income was $5.1 million for the quarter ended September 30, 2024, as compared to $5.4 million reported for the quarter ended June 30, 2024.
globenewswire.com
- 2 months ago
Logan Ridge Finance Corporation Schedules Third Quarter 2024 Earnings Release and Conference Call
NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (Nasdaq: LRFC) (“LRFC,” “Logan Ridge” or the “Company”) to release its financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, after market close. The Company will host a conference call on Tuesday, November 12, 2024, at 11:00 a.m.
globenewswire.com
- 2 months ago
Logan Ridge Finance Corporation Announces the Successful Exit of its Largest Equity Investment, Nth Degree Investment Group, LLC
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.
globenewswire.com
- 4 months ago
Logan Ridge Finance Corporation Amends and Extends its Existing Senior Secured Revolving Credit Facility
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.
globenewswire.com
- 4 months ago
Logan Ridge Finance Corporation (LRFC) Q2 2024 Earnings Call Transcript
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.
seekingalpha.com
- 5 months ago
8. Profile
Summary
Logan Ridge Finance Corporation LRFC
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 63.8 M
Dividend Yield
1.33%
Description
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.
Contact
650 Madison Avenue, New York, NY, 10022
https://www.loganridgefinance.com
IPO
Date
Sept. 24, 2013
Employees
None
Officers
Mr. Brandon Satoren
Chief Financial Officer, Chief Accounting Officer, Secretary & Treasurer
Mr. Patrick Schafer
Chief Investment Officer
Mr. Edward Joseph Goldthorpe
Chief Executive Officer, President & Chairman of the Board
Mr. David Isaac Held J.D.
Chief Compliance Officer