Logan Ridge Finance Corporation (LRFC)
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]
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 StatementsNews
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 ...
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 ...
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...
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
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
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...
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
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...
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
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...
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 ...
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...
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
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
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
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
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...
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...
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...
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
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 ...
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.
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...
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...
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