Logan Ridge Finance Corporation (LRFC)

NASDAQ: LRFC · IEX Real-Time Price · USD
22.18
+0.03 (0.14%)
At close: Apr 25, 2024, 3:58 PM
22.01
-0.17 (-0.77%)
After-hours: Apr 25, 2024, 4:00 PM EDT
0.14%
Market Cap 59.40M
Revenue (ttm) 20.18M
Net Income (ttm) -2.48M
Shares Out 2.68M
EPS (ttm) -0.92
PE Ratio n/a
Forward PE 15.42
Dividend $1.28 (5.77%)
Ex-Dividend Date Mar 22, 2024
Volume 600
Open 21.99
Previous Close 22.15
Day's Range 21.99 - 22.18
52-Week Range 18.53 - 23.63
Beta 1.32
Analysts n/a
Price Target n/a
Earnings Date May 8, 2024

About LRFC

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 industr... [Read more]

Sector Financials
IPO Date Sep 25, 2013
Country United States
Stock Exchange NASDAQ
Ticker Symbol LRFC
Full Company Profile

Financial Performance

In 2023, LRFC's revenue was $20.18 million, an increase of 35.17% compared to the previous year's $14.93 million. Losses were -$2.48 million, -79.36% less than in 2022.

Financial Statements

News

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 ...

13 days ago - GlobeNewsWire

Logan Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial Results

Reports Strong 2023 Results with Net Investment Income of $1.43 Per Share, Compared to a Net Investment Loss of $0.43 Per Share for Year Ended 2022; Total Investment Income Increased to $20.2 Million ...

4 weeks ago - GlobeNewsWire

Logan Ridge Finance Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (Nasdaq: LRFC) (“LRFC,” “Logan Ridge” or the “Company”) to release its financial results for the fourth quarter and full ye...

4 weeks ago - GlobeNewsWire

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

Preliminarily Reports Strong 2023 Results  with Net Investment Income of $1.43 Per Share, Total Investment Income of $20.2 Million

6 weeks ago - GlobeNewsWire

Logan Ridge Finance Corporation Announces Third Quarter 2023 Financial Results

Reports a Strong Third Quarter with Net Investment Income of $0.43 Per Share, an Increase of 13% Compared to the Prior Quarter

6 months ago - GlobeNewsWire

Logan Ridge Finance Corporation Schedules Third Quarter 2023 Earnings Release and Conference Call

NEW YORK, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (Nasdaq: LRFC) (“LRFC,” “Logan Ridge” or the “Company”) to release its financial results for the third quarter ended Septemb...

6 months ago - GlobeNewsWire

Logan Ridge Finance Corporation Announces Second Quarter 2023 Financial Results

Reports a Strong Second Quarter with Net Investment Income of $0.38 Per Share and a 3.0% Increase in Net Asset Value to $35.68 Per Share Compared to the Prior Quarter

9 months ago - GlobeNewsWire

Logan Ridge Finance Corporation Schedules Second Quarter 2023 Earnings Release and Conference Call

NEW YORK, July 13, 2023 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (“LRFC” or the “Company”) (Nasdaq: LRFC) to release its financial results for the second quarter ended June 30, 2023 on Wedn...

10 months ago - GlobeNewsWire

Logan Ridge Finance Corporation Announces First Quarter 2023 Financial Results

Reports a Strong First Quarter with Net Investment Income of $0.40 Per Share, a 69% Increase from the Prior Quarter and its Third Consecutive Quarter of Positive Net Investment Income

1 year ago - GlobeNewsWire

Logan Ridge Finance Corporation Schedules First Quarter 2023 Earnings Release and Conference Call

NEW YORK, April 17, 2023 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (“LRFC” or the “Company”) (Nasdaq: LRFC) to release its financial results for the first quarter ended March 31, 2023 on Wed...

1 year ago - GlobeNewsWire

Logan Ridge Finance Corporation Announces Share Repurchase Program Under a New 10b5-1 Stock Trading Plan

NEW YORK, March 23, 2023 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (Nasdaq: LRFC) (the “Company”) today announced that it has entered into a new Rule 10b5-1 stock trading plan to facilitate ...

1 year ago - GlobeNewsWire

Logan Ridge Finance Corporation Announces Fourth Quarter and Full Year 2022 Financial Results

Reports a Strong Fourth Quarter with Net Investment Income of $0.23 Per Share, Which Marks its Second Consecutive Quarter of Positive Net Investment Income and More Than Triples the Net Investment Inc...

1 year ago - GlobeNewsWire

Logan Ridge Finance Corporation Reports Third Quarter 2022 Financial Results

Reports Net Investment Income of $0.07 per Share, a Significant Milestone for Logan Ridge

1 year ago - GlobeNewsWire

Logan Ridge Finance Corporation Schedules Third Quarter 2022 Earnings Release and Conference Call

Call Scheduled for 10:00 am ET on Wednesday, November 9 Call Scheduled for 10:00 am ET on Wednesday, November 9

1 year ago - GlobeNewsWire

Logan Ridge Finance Corporation Reports Second Quarter 2022 Financial Results

Continued to execute on its strategic initiatives by significantly lowering cost of capital and reducing non-interest earning equity exposure

1 year ago - GlobeNewsWire

Logan Ridge Finance Corporation Announces Successful Refinancing and Recapitalization of its Investment in Eastport Holdings LLC.

Significantly reduces legacy non-interest earning equity exposure Significantly reduces legacy non-interest earning equity exposure

1 year ago - GlobeNewsWire

Logan Ridge Finance Corporation Announces Full Repayment of the Legacy 5.75% Convertible Notes and 6.00% Notes Due May 31, 2022

Repayment of higher interest notes and refinancing of legacy capital structure significantly lowers the Company's cost of debt capital Repayment of higher interest notes and refinancing of legacy capi...

2 years ago - GlobeNewsWire

Logan Ridge Finance Corporation Reports First Quarter 2022 Financial Results

Significantly lowered cost of capital by successfully refinancing the legacy capital structure; continue to judiciously redeploy proceeds generated from exiting the legacy portfolio into interest earn...

2 years ago - GlobeNewsWire

Logan Ridge Finance Corporation Announces the Refinancing of its Entire Legacy Capital Structure and Significantly Lowers Cost of Capital

NEW YORK, May 10, 2022 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (“LRFC” or the “Company”) (Nasdaq: LRFC) today announced the successful refinancing of its entire legacy capital structure, a...

2 years ago - GlobeNewsWire

Logan Ridge Finance Corporation Schedules First Quarter 2022 Earnings Release and Conference Call

Call Scheduled for 9:00 a.m. ET on Friday, May 13, 2022 Call Scheduled for 9:00 a.m. ET on Friday, May 13, 2022

2 years ago - GlobeNewsWire

Logan Ridge Finance Corporation Announces Fourth Quarter and Full Year 2021 Financial Results

During 2021 Logan Ridge further de-levered and strengthen its portfolio, redeployed equity investments into interest earnings investments and lowered overall cost of debt; well positioned to generate ...

2 years ago - GlobeNewsWire

Logan Ridge Finance Corporation Reports Third Quarter 2021 Earnings Results

NEW YORK, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (“LRFC” or the “Company”) (Nasdaq: LRFC) today announced its financial results for the third quarter of 2021.

2 years ago - GlobeNewsWire

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

NEW YORK, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (Nasdaq: LRFC) (the “Company” or “Logan Ridge”), a business development company, today announced that it has been assigned a...

2 years ago - GlobeNewsWire

Logan Ridge Finance: Q2 Earnings Insights

Shares of Logan Ridge Finance (NASDAQ:LRFC) decreased 0.0% after the company reported Q2 results. Quarterly Results Earnings per share fell 94.74% year over year to $0.01, which missed the estimate of...

2 years ago - Benzinga

Logan Ridge Finance Corporation Reports Second Quarter 2021 Earnings Results

Company to Host Quarterly Conference Call at 11:00AM ET Today Company to Host Quarterly Conference Call at 11:00AM ET Today

2 years ago - GlobeNewsWire