Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Logan Ridge Finance Corporation Market Cap
Based on ratings from 1 stock analysts, the Logan Ridge Finance Corporation stock price is expected to increase by 3.85% in 12 months. This is calculated by using the average 12-month stock price forecast for Logan Ridge Finance Corporation. The lowest target is $27 and the highest is $27. Please note analyst price targets are not guaranteed and could be missed completely.
About 1 Wall Street analysts have assignedLRFC 1 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Logan Ridge Finance Corporation to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on LRFC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of LRFC.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Christopher Nolan Ladenburg Thalmann | Buy | $32 | Upgrade | Aug 17, 2021 |
When did it IPO
2013
Staff Count
0
Country
United States
Sector/Industry
Financial Services/Asset Management
CEO
Mr. Edward Joseph Goldthorpe
Market Cap
$66.5M
In 2023, LRFC generated $1.9M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that LRFC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Fri, 15 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Logan Ridge (LRFC) is identified as a potentially strong investment option due to its recent price strength and fundamental stability.
Why It Matters - Logan Ridge's strong fundamentals and recent price momentum suggest potential for profit, highlighting it as a compelling investment opportunity in a favorable market environment.
Tue, 12 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Logan Ridge Finance Corporation (NASDAQ: LRFC) will hold its Q3 2024 Earnings Conference Call on November 12, 2024, at 11:00 AM ET, featuring CEO Ted Goldthorpe and CFO Brandon Satoren.
Why It Matters - The Q3 2024 earnings call for Logan Ridge Finance Corporation offers insights into financial performance and strategic direction, impacting stock valuation and investor confidence.
Thu, 07 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Logan Ridge Finance Corporation reported Q3 2024 net investment income of $0.37/share and a net asset value of $32.31/share. Total investment income was $5.1 million, down from $5.4 million. A distribution of $0.36/share was declared, a 9% increase from Q3 2024.
Why It Matters - Logan Ridge's solid net investment income and increased distribution indicate strong performance, while declining recurring income and the exit from a major investment raise concerns about future income stability.
Wed, 23 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Logan Ridge Finance Corporation (Nasdaq: LRFC) will release Q3 financial results on November 7, 2024, after market close, followed by a conference call on November 12 at 11:00 a.m.
Why It Matters - The upcoming financial results and conference call for Logan Ridge Finance Corporation could impact stock performance and investor sentiment, signaling potential changes in financial health or strategy.
Thu, 12 Sep 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Logan Ridge Finance Corporation has exited its largest equity investment, Nth Degree Investment Group, at or above its fair value reported on June 30, 2024, as of September 10, 2024.
Why It Matters - Logan Ridge Finance's exit from its largest investment at or above fair value signals strong asset management, potentially boosting investor confidence and impacting stock performance positively.
Wed, 21 Aug 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Logan Ridge Finance Corporation amended its credit facility with KeyBank, lowering interest rate margins and extending the reinvestment period to August 2027 and maturity to August 2029.
Why It Matters - The reduction in interest rate margins and extension of the credit facility improves Logan Ridge Finance Corporation's financing terms, potentially enhancing profitability and cash flow stability.
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