Financial Services - Asset Management - NASDAQ - US
$ 25.3
-0.315 %
$ 67.5 M
Market Cap
-17.69
P/E
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.[ Read More ]
The intrinsic value of one LRFC stock under the base case scenario is HIDDEN Compared to the current market price of 25.3 USD, Logan Ridge Finance Corporation is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart LRFC
FINANCIALS
3.78 M
REVENUE
1.92 M
OPERATING INCOME
-2.48 M
NET INCOME
6.38 M
OPERATING CASH FLOW
0
INVESTING CASH FLOW
-19.7 M
FINANCING CASH FLOW
4.87 M
REVENUE
3.85 M
OPERATING INCOME
0
NET INCOME
29.6 M
OPERATING CASH FLOW
-58.9 M
INVESTING CASH FLOW
-6.93 M
FINANCING CASH FLOW
Balance Sheet Decomposition
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 | 833 K |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| 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 | 1.86 M |
| Operating Income | 1.92 M |
| Other Expenses | 4.4 M |
| Net Income | -2.48 M |
RATIOS
100.00%
GROSS MARGIN
50.82%
OPERATING MARGIN
-65.59%
NET MARGIN
-2.78%
ROE
-1.26%
ROA
1.01%
ROIC
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 | 6.38 M |
Wall Street Analysts Price Targets
Logan Ridge Finance Corporation
LRFC has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
1.32%
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 |
|
3 years ago
Dec 17, 2020
|
Bought 24.7 K USD
|
Carroll Larry W.
Director |
+ 1766
|
14 USD |
|
3 years ago
Dec 16, 2020
|
Bought 36.2 K USD
|
Carroll Larry W.
Director |
+ 2592
|
13.98 USD |
|
3 years ago
Dec 15, 2020
|
Bought 49.5 K USD
|
Carroll Larry W.
Director |
+ 3541
|
13.98 USD |
|
3 years ago
Dec 08, 2020
|
Bought 28.3 K USD
|
Carroll Larry W.
Director |
+ 2000
|
14.15 USD |
|
3 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 |
|
5 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 |
|
6 years ago
Dec 21, 2017
|
Bought 75 K USD
|
Carroll Larry W.
Director |
+ 10000
|
7.5 USD |
|
6 years ago
Dec 01, 2017
|
Bought 76.2 K USD
|
Carroll Larry W.
Director |
+ 10000
|
7.62 USD |
|
6 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 911 USD
|
Alala Joseph B III
See Remarks |
+ 100
|
9.106 USD |
|
7 years ago
Sep 21, 2017
|
Bought 912 USD
|
Alala Joseph B III
See Remarks |
+ 100
|
9.118 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 |
|
8 years ago
Dec 23, 2015
|
Bought 985 K USD
|
Alala Joseph B III
See Remarks |
+ 84950
|
11.6 USD |
|
8 years ago
Dec 15, 2015
|
Bought 48.8 K USD
|
Alala Joseph B III
See Remarks |
+ 4075
|
11.98 USD |
|
8 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 |
|
9 years ago
Dec 23, 2014
|
Bought 85.5 K USD
|
Carroll Larry W.
Director |
+ 4700
|
18.19 USD |
|
9 years ago
Dec 22, 2014
|
Bought 175 K USD
|
Alala Joseph B III
Chairman BoD, CEO, President |
+ 8751
|
20 USD |
|
9 years ago
Dec 19, 2014
|
Bought 9.4 K USD
|
Arnall Stephen A.
Chief Financial Officer |
+ 500
|
18.7926 USD |
|
9 years ago
Dec 18, 2014
|
Bought 35.1 K USD
|
McGlinn John F.
COO, Secretary and Treasurer |
+ 1900
|
18.45 USD |
|
9 years ago
Nov 26, 2014
|
Bought 18.7 K USD
|
BROYHILL MARKHAM HUNT
Director |
+ 1000
|
18.744 USD |
|
9 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 |
|
10 years ago
Dec 17, 2013
|
Bought 198 K USD
|
BROYHILL MARKHAM HUNT
Director |
+ 10000
|
19.7664 USD |
|
10 years ago
Dec 12, 2013
|
Bought 98.9 K USD
|
BROYHILL MARKHAM HUNT
Director |
+ 5000
|
19.7816 USD |
|
10 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 |
|
10 years ago
Dec 06, 2013
|
Bought 11.7 K USD
|
MOYER CHARLES
Director |
+ 600
|
19.46 USD |
|
10 years ago
Dec 04, 2013
|
Bought 9.9 K USD
|
BROYHILL MARKHAM HUNT
Director |
+ 500
|
19.7999 USD |
|
10 years ago
Dec 04, 2013
|
Bought 9.9 K USD
|
BROYHILL MARKHAM HUNT
Director |
+ 500
|
19.7922 USD |
|
10 years ago
Nov 27, 2013
|
Bought 29.6 K USD
|
McGlinn John F.
COO, Secretary and Treasurer |
+ 1500
|
19.75 USD |
|
10 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 |
|
10 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 |
|
10 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
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
- 1 day 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
- 4 days 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
- 1 week 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
- 3 weeks 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
- 2 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
- 2 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
- 3 months ago
Logan Ridge Finance Corporation Schedules Second Quarter 2024 Earnings Release and Conference Call
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.
globenewswire.com
- 4 months ago
Logan Ridge Finance: A Small-Cap BDC Worth Considering For Income Generation
Logan Ridge Finance Corp. is a BDC focusing on lower middle-market companies, delivering solid earnings growth and increasing dividend payouts for five consecutive quarters. LRFC's portfolio quality is solid, with a decent first-lien exposure and improving balance sheet, but faces credit quality risks due to smaller size and rising non-accruals. Despite their potential, I currently rate LRFC a hold due to credit quality risks. Additionally, I would wait to see growth in net investment income before buying.
seekingalpha.com
- 4 months ago
Logan Ridge Finance Corporation (LRFC) Q1 2024 Earnings Call Transcript
Logan Ridge Finance Corporation. (NASDAQ:LRFC ) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Ted Goldthorpe - Chief Executive Officer, President & Director Patrick Schaefer - Chief Investment Officer Brandon Satoren - Chief Accounting Officer Conference Call Participants Christopher Nolan - Ladenburg Thalmann Operator Good morning, and welcome to Logan Ridge Finance Corporation's First Quarter ended March 31, 2024 Earnings Conference Call.
seekingalpha.com
- 6 months ago
Logan Ridge Finance Corporation Announces First Quarter 2024 Financial Results
Reports Strong Results with Net Investment Income of $0.35 Per Share, Compared to $0.22 Per Share in the Previous Quarter; Net Asset Value Increased to $33.71 Per Share from $33.34 Per Share in the Previous Quarter
globenewswire.com
- 6 months ago
Logan Ridge Finance Corporation Schedules First Quarter 2024 Earnings Release and Conference Call
NEW YORK, April 12, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (Nasdaq: LRFC) (“LRFC,” “Logan Ridge” or the “Company”) to release its financial results for the first quarter ended March 31, 2024, on Wednesday, May 8, 2024, after market close. The Company will host a conference call on Thursday, May 9, 2024, at 10:00 a.m.
globenewswire.com
- 7 months ago
8. Profile Summary
Logan Ridge Finance Corporation LRFC
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 67.5 M
Dividend Yield
1.32%
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. David Isaac Held J.D.
Chief Compliance Officer
Mr. Patrick Schafer
Chief Investment Officer
Mr. Edward Joseph Goldthorpe
Chief Executive Officer, President & Chairman of the Board