S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
BREAKING: The truth about war with China (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
BREAKING: The truth about war with China (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
BREAKING: The truth about war with China (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
BREAKING: The truth about war with China (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
BREAKING: The truth about war with China (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
BREAKING: The truth about war with China (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
S&P 500   4,464.05
DOW   35,281.40
QQQ   366.24
Biden and House Democrats hope to make curbing 'junk fees' a winning issue in 2024
Laser breakthrough could send stock soaring 2,467% (Ad)
Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit
Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike
BREAKING: The truth about war with China (Ad)
Illinois governor signs ban on firearms advertising allegedly marketed to kids and militants
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
BREAKING: The truth about war with China (Ad)
US Steel rejects a $7.3 billion offer from rival Cleveland-Cliffs; considers alternatives
Don't expect quick fixes in 'red-teaming' of AI models. Security was an afterthought
NASDAQ:LRFC

Logan Ridge Finance (LRFC) Stock Forecast, Price & News

$21.32
-0.28 (-1.30%)
(As of 08/11/2023 08:48 PM ET)
Compare
Today's Range
$21.15
▼
$21.59
50-Day Range
$19.26
▼
$21.44
52-Week Range
$17.50
▼
$25.00
Volume
14,300 shs
Average Volume
6,958 shs
Market Capitalization
$57.78 million
P/E Ratio
N/A
Dividend Yield
1.88%
Price Target
N/A
ProfileChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

Logan Ridge Finance MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.18% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.07mentions of Logan Ridge Finance in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-9.09%
From $1.10 to $1.00 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.55 out of 5 stars

Finance Sector

808th out of 864 stocks

Investors, Not Elsewhere Classified Industry

8th out of 15 stocks

See Top Rated MarketRank™ Stocks Here

LRFC stock logo

About Logan Ridge Finance (NASDAQ:LRFC) Stock

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.

LRFC Price History

LRFC Stock News Headlines

November 21, 2022 | finance.yahoo.com
Logan Ridge Finance Corporation Schedules Third Quarter 2022 Earnings Release and Conference Call
November 21, 2022 | finance.yahoo.com
Logan Ridge Finance Corporation Reports Third Quarter 2022 Financial Results
August 14, 2023 | Behind the Markets (Ad)
[BREAKING] New "Living Software" to Revolutionize Warfare
This breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>
June 7, 2022 | finance.yahoo.com
Logan Ridge Finance Corporation Announces Full Repayment of the Legacy 5.75% Convertible Notes and 6.00% Notes Due May 31, 2022
May 13, 2022 | seekingalpha.com
Logan Ridge Finance Corporation (LRFC) CEO Ted Goldthorpe on Q1 2022 Results - Earnings Call Transcript
May 13, 2022 | finance.yahoo.com
Logan Ridge Finance Corporation Reports First Quarter 2022 Financial Results
April 12, 2022 | finance.yahoo.com
Logan Ridge Finance Corporation Schedules First Quarter 2022 Earnings Release and Conference Call
March 14, 2022 | seekingalpha.com
Logan Ridge Finance GAAP EPS of -$0.71, Total investment income of $16.75M misses by $0.45M
August 14, 2023 | Behind the Markets (Ad)
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
March 14, 2022 | sfgate.com
Logan Ridge: Q4 Earnings Snapshot
March 3, 2022 | finance.yahoo.com
Logan Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2021 Earnings Release and Conference Call
January 17, 2022 | insidermonkey.com
Is it a Smart Decision to Invest in Logan Ridge Finance Corporation (LRFC)?
January 10, 2022 | finance.yahoo.com
Logan Ridge Finance Corporation Schedules Second Quarter 2021 Earnings Release and Conference Call
January 10, 2022 | finance.yahoo.com
Logan Ridge Finance Corporation Reports Second Quarter 2021 Earnings Results
January 10, 2022 | finance.yahoo.com
Logan Ridge Finance Corporation Receives “BBB-” Investment Grade Rating from Egan-Jones and Announces Private Placement of $50 Million 5.25% Senior Unsecured Notes Due 2026
January 10, 2022 | finance.yahoo.com
Logan Ridge Finance Corporation Schedules Third Quarter 2021 Earnings Release and Conference Call
January 10, 2022 | finance.yahoo.com
Logan Ridge Finance Corporation Reports Third Quarter 2021 Earnings Results
See More Headlines
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LRFC Company Calendar

Last Earnings
11/10/2021
Ex-Dividend for 5/31 Dividend
5/19/2023
Dividend Payable
5/31/2023
Today
8/13/2023
Ex-Dividend for 8/31 Dividend
8/21/2023
Dividend Payable
8/31/2023
Next Earnings (Estimated)
11/14/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Investors, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:LRFC
CUSIP
N/A
CIK
1571329
Web
www.capitalagroup.com
Phone
(212) 891-2880
Fax
704-376-5877
Employees
N/A
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
($1.43)
Trailing P/E Ratio
N/A
Forward P/E Ratio
19.38
P/E Growth
N/A
Net Income
$-12,020,000.00
Net Margins
-18.75%
Pretax Margin
-18.75%
Return on Equity
3.06%
Return on Assets
1.37%

Debt

Debt-to-Equity Ratio
0.14
Current Ratio
0.10
Quick Ratio
0.12

Sales & Book Value

Annual Sales
$14.93 million
Price / Sales
3.87
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$35.57 per share
Price / Book
0.60

Miscellaneous

Outstanding Shares
2,710,000
Free Float
2,704,000
Market Cap
$57.78 million
Optionable
Not Optionable
Beta
1.36
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Key Executives

  • Mr. Edward Joseph Goldthorpe (Age 46)
    CEO, Pres & Chairman
  • Mr. Jason T. Roos (Age 45)
    Chief Financial Officer
  • Mr. Patrick Schafer (Age 38)
    Chief Investment Officer
  • Mr. Brandon Satoren (Age 35)
    Chief Accounting Officer, Sec. & Treasurer
  • Mr. David Isaac Held J.D. (Age 52)
    Chief Compliance Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













LRFC Stock - Frequently Asked Questions

How have LRFC shares performed in 2023?

Logan Ridge Finance's stock was trading at $22.3597 at the start of the year. Since then, LRFC stock has decreased by 4.6% and is now trading at $21.32.
View the best growth stocks for 2023 here.

When is Logan Ridge Finance's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our LRFC earnings forecast.

How were Logan Ridge Finance's earnings last quarter?

Logan Ridge Finance Co. (NASDAQ:LRFC) announced its quarterly earnings data on Wednesday, November, 10th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.01 by $0.57. The business earned $3.25 million during the quarter. Logan Ridge Finance had a negative net margin of 18.75% and a positive trailing twelve-month return on equity of 3.06%. During the same quarter in the previous year, the firm posted $0.28 EPS.

How often does Logan Ridge Finance pay dividends? What is the dividend yield for Logan Ridge Finance?

Logan Ridge Finance declared a Variable dividend on Wednesday, August 9th. Stockholders of record on Tuesday, August 22nd will be paid a dividend of $0.26 per share on Thursday, August 31st. This represents a dividend yield of 4.1%. The ex-dividend date is Monday, August 21st. This is a boost from the stock's previous Variable dividend of $0.22.
Read our dividend analysis for LRFC.

Is Logan Ridge Finance a good dividend stock?

Logan Ridge Finance (NASDAQ:LRFC) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.88%.
Read our dividend analysis for LRFC.

What is Logan Ridge Finance's stock symbol?

Logan Ridge Finance trades on the NASDAQ under the ticker symbol "LRFC."

Who are Logan Ridge Finance's major shareholders?

Logan Ridge Finance's stock is owned by a number of institutional and retail investors. Top institutional shareholders include EA Series Trust (0.37%) and Osaic Holdings Inc. (0.05%). Insiders that own company stock include Larry W Carroll and Patrick Schafer.
View institutional ownership trends.

How do I buy shares of Logan Ridge Finance?

Shares of LRFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Logan Ridge Finance's stock price today?

One share of LRFC stock can currently be purchased for approximately $21.32.

How much money does Logan Ridge Finance make?

Logan Ridge Finance (NASDAQ:LRFC) has a market capitalization of $57.78 million and generates $14.93 million in revenue each year. The company earns $-12,020,000.00 in net income (profit) each year or ($1.43) on an earnings per share basis.

How can I contact Logan Ridge Finance?

Logan Ridge Finance's mailing address is 4201 CONGRESS STREET SUITE 360, CHARLOTTE NC, 28209. The official website for the company is www.capitalagroup.com. The company can be reached via phone at (212) 891-2880 or via fax at 704-376-5877.

This page (NASDAQ:LRFC) was last updated on 8/14/2023 by MarketBeat.com Staff

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