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LRFC

LRFC - Logan Ridge Finance Corporation Stock Price, Fair Value and News

22.25USD-0.05 (-0.22%)Market Closed

Market Summary

LRFC
USD22.25-0.05
Market Closed
-0.22%

LRFC Stock Price

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LRFC RSI Chart

LRFC Valuation

Market Cap

59.6M

Price/Earnings (Trailing)

-24.01

Price/Sales (Trailing)

2.95

Price/Free Cashflow

3.54

LRFC Price/Sales (Trailing)

LRFC Profitability

Return on Equity

-2.78%

Return on Assets

-1.26%

Free Cashflow Yield

28.25%

LRFC Fundamentals

LRFC Revenue

Revenue (TTM)

20.2M

Rev. Growth (Yr)

-2.73%

Rev. Growth (Qtr)

-14.47%

LRFC Earnings

Earnings (TTM)

-2.5M

Earnings Growth (Yr)

1.58%

Earnings Growth (Qtr)

-59.97%

Breaking Down LRFC Revenue

Last 7 days

1.3%

Last 30 days

-0.8%

Last 90 days

-0.5%

Trailing 12 Months

5.0%

How does LRFC drawdown profile look like?

LRFC Financial Health

LRFC Investor Care

Buy Backs (1Y)

1.16%

Diluted EPS (TTM)

-1.05

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202316.8M18.9M20.3M20.2M
202216.3M15.8M15.4M14.9M
202100016.8M
Get all data in R, Python etc through our Historical Stock Data APIs

Which funds bought or sold LRFC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 01, 2024
CREATIVE FINANCIAL DESIGNS INC /ADV
sold off
-100
-1,877
-
 -%
May 01, 2024
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
sold off
-
-
-
 -%
Apr 24, 2024
Dakota Wealth Management
unchanged
-
-1,874
351,204
 0.01%
Apr 15, 2024
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC
added
0.35
-6,928
3,845,070
 0.01%
Apr 10, 2024
SOA Wealth Advisors, LLC.
unchanged
-
-118
22,153
 -%
Feb 15, 2024
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.
added
10.81
902,120
5,250,950
 0.31%
Feb 14, 2024
BANK OF AMERICA CORP /DE/
sold off
-100
-72,086
-
 -%
Feb 14, 2024
Empowered Funds, LLC
added
8.95
39,240
260,926
 0.01%
Feb 14, 2024
CAPTRUST FINANCIAL ADVISORS
added
64.99
217,837
490,886
 -%
Feb 14, 2024
Bulldog Investors, LLP
reduced
-0.36
210,601
2,667,500
 0.88%

1–10 of 26

Are Funds Buying or Selling LRFC?

Are funds buying LRFC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own LRFC
No. of Funds

Unveiling Logan Ridge Finance Corporation's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 01, 2024
bulldog investors, llp
5.42%
144,908
SC 13G/A
Nov 09, 2023
punch & associates investment management, inc.
8.7%
232,875
SC 13D
Jun 08, 2023
frischer charles l
7.6%
205,151
SC 13D/A
Feb 13, 2023
bulldog investors, llp
3.49%
94,529
SC 13G
Jan 20, 2023
frischer charles l
6.5%
176,733
SC 13D/A
Dec 02, 2022
frischer charles l
5.4%
145,333
SC 13D

Recent SEC filings of Logan Ridge Finance Corporation

View All Filings
Date Filed Form Type Document
May 03, 2024
DEFA14A
DEFA14A
Apr 29, 2024
DEF 14A
DEF 14A
Mar 26, 2024
10-K
Annual Report
Mar 13, 2024
8-K
Current Report
Feb 01, 2024
SC 13G/A
Major Ownership Report

Peers (Alternatives to Logan Ridge Finance Corporation)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
BLK
113.8B
17.9B
 -6.25% 20.94%
20.68
6.37
 -0.08% 6.26%
BX
84.3B
10.3B
 -6.78% 46.19%
39.17
8.16
 116.39% 249.10%
BK
42.6B
19.6B
 -1.14% 42.22%
12.77
2.17
 78.39% 20.24%
ARES
40.6B
3.6B
 -0.08% 65.82%
85.52
11.17
 18.87% 183.11%
BEN
12.3B
8.1B
 -14.98% -6.85%
13.69
1.52
 2.98% 5.84%
MID-CAP
IVZ
6.7B
5.8B
 -11.09% -6.41%
-19.78
1.16
 -1.10% -153.42%
AMG
5.3B
2.1B
 -3.58% 16.39%
7.81
2.56
 -11.67% -41.28%
AB
3.8B
-
 -4.52% 1.91%
13.93
-
 - 7.16%
CNS
3.6B
486.3M
 -4.17% 30.11%
27.92
7.33
 -9.75% -22.27%
APAM
3.4B
1.0B
 -6.54% 33.00%
14.71
3.38
 6.21% 20.27%
AMK
2.5B
708.5M
 -0.85% 29.08%
20.52
3.57
 15.83% 19.23%
SMALL-CAP
PX
878.9M
241.7M
 -9.45% -25.05%
-127.72
3.64
 21.87% -123.56%
BSIG
862.0M
426.6M
 -2.04% -
13.1
2.02
 2.25% -34.59%
AINC
16.6M
746.8M
 3.41% -52.22%
-3.6
0.02
 15.88% -226.93%
AC
697.8K
25.3M
 0.93% -13.58%
0.02
0.03
 137.10% 176.58%

Logan Ridge Finance Corporation News

Latest updates
Yahoo Singapore News • 02 May 2024 • 06:43 am
Logan Ridge (LRFC) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
MarketBeat • 01 May 2024 • 08:37 am
Logan Ridge Finance (LRFC) to Release Earnings on Wednesday
Defense World • 24 Apr 2024 • 02:10 am
International Assets Investment Management LLC Invests $971000 in Logan Ridge Finance Co. (NASDAQ:LRFC)
MarketBeat • 23 Apr 2024 • 07:00 am
International Assets Investment Management LLC Takes Position in Logan Ridge Finance Co. (NASDAQ:LRFC)
GlobeNewswire • 12 Apr 2024 • 07:00 am
Logan Ridge Finance Corporation Schedules First Quarter 2024 Earnings Release and Conference Call
Seeking Alpha • 29 Mar 2024 • 07:00 am
Logan Ridge Finance Corporation (LRFC) Q4 2023 Earnings Call Transcript
GlobeNewswire • 26 Mar 2024 • 07:00 am
Logan Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial Results
TipRanks • 13 Mar 2024 • 08:43 pm
Logan Ridge Finance Names Brandon Satoren New CFO.com - TipRanks
GlobeNewswire • 2 years ago
Capitala Finance Corp. Completes Transition to New Investment Adviser and Changes Name to Logan Ridge Finance ...

Logan Ridge Finance Corporation Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In null)
Income Statement (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q4
Revenue-14.5%4,4155,1625,3445,2564,5393,7483,3033,337-
  S&GA Expenses-1.8%670682764792703771877950-
Interest Expenses44.9%2,1671,4962,4551,3542,0117882,5221,091-
Net Income-60.0%-3,121-1,9513,240-650-3,171-2,961-5,034-858-
Net Income Margin1.4%-0.12*-0.12*-0.19*-0.70*-0.81*-0.12*-0.12*-0.12*-0.11*
Free Cashflow-119.6%-4,01220,481-270634-14,615-23,39835,558-23,151-
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42020Q4
Assets0.1%197197217216215186
    Cash Equivalents-23.9%4.005.006.009.007.0050.00
Liabilities4.1%108104121123120-
Shareholder's Equity-4.3%89.0093.0096.0094.0095.00109
  Retained Earnings-2.1%-99.26-97.20-94.55-97.20-96.06-
  Additional Paid-In Capital-1.0%188190191191191-
Shares Outstanding-0.2%3.003.003.003.003.003.00
Float---55.00---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-119.6%-4,01220,481-270634-14,615-23,39835,558-23,151-
Cashflow From Financing112.9%2,790-21,653-2,7901,92010,1455,172-21,907-67.00-
  Dividend Payments14.9%802698591488-----
  Buy Backs-70.2%11036925634.00-----
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LRFC Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income:   
Total interest income$ 18,366$ 13,666$ 14,825
Payment-in-kind interest and dividend income:   
Total payment-in-kind interest and dividend income1,4841,106456
Dividend income:   
Total dividend income6814906
Other income:   
Total other income259141567
Total investment income20,17714,92716,754
EXPENSES   
Interest and financing expenses8,3297,81510,569
Base management fee3,6583,8614,846
Directors' expense540493410
Administrative service fees8956201,039
General and administrative expenses2,9083,3003,483
Total expenses16,33016,08920,347
NET INVESTMENT INCOME (LOSS)3,847(1,162)(3,593)
Net realized (loss) gain on investments:   
Net realized (loss) gain on investments(16,393)13,769(7,967)
Net change in unrealized (depreciation) appreciation on investments:   
Net change in unrealized appreciation (depreciation) on investments10,064(24,631)10,667
Total net realized and change in unrealized loss on investments(6,329)(10,862)2,700
Net realized loss on extinguishment of debt  (1,025)
Total federal tax provision (benefit), net (Note 7)  0
NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS$ (2,482)[1]$ (12,024)[2]$ (1,918)[2]
NET DECREASE IN NET ASSETS PER SHARE RESULTING FROM OPERATIONS - BASIC$ (0.92)[1]$ (4.44)[2]$ (0.71)[2]
NET DECREASE IN NET ASSETS PER SHARE RESULTING FROM OPERATIONS - DILUTED$ (0.92)[1]$ (4.44)[2]$ (0.71)[2]
WEIGHTED AVERAGE COMMON STOCK OUTSTANDING - BASIC2,694,857[1]2,711,068[2]2,711,068[2]
WEIGHTED AVERAGE COMMON STOCK OUTSTANDING - DILUTED2,694,857[1]2,711,068[2]2,711,068[2]
DISTRIBUTIONS PAID PER SHARE$ 0.96  
Non-control/non-affiliate Investments   
Interest income:   
Total interest income$ 18,536$ 12,732$ 10,068
Payment-in-kind interest and dividend income:   
Total payment-in-kind interest and dividend income1,322[3]91995
Dividend income:   
Total dividend income  727
Other income:   
Total other income258141479
Net realized (loss) gain on investments:   
Net realized (loss) gain on investments(16,393)17,312(10,442)
Net change in unrealized (depreciation) appreciation on investments:   
Net change in unrealized appreciation (depreciation) on investments5,075(25,434)13,058
Affiliate Investments   
Interest income:   
Total interest income(170)7064,368
Payment-in-kind interest and dividend income:   
Total payment-in-kind interest and dividend income162187361
Dividend income:   
Total dividend income6814179
Other income:   
Total other income1 88
Net realized (loss) gain on investments:   
Net realized (loss) gain on investments 1,6722,475
Net change in unrealized (depreciation) appreciation on investments:   
Net change in unrealized appreciation (depreciation) on investments$ 4,989(1,208)(908)
Control Investments   
Interest income:   
Total interest income 228389
Net realized (loss) gain on investments:   
Net realized (loss) gain on investments (5,215) 
Net change in unrealized (depreciation) appreciation on investments:   
Net change in unrealized appreciation (depreciation) on investments $ 2,011$ (1,483)
[1]In applying the if-converted method, conversion is not assumed for purposes of computing diluted earnings per share if the effect would be anti-dilutive. For the year ended December 31, 2023, conversion of the 2032 Convertible Notes into 0.5 million shares was not assumed as the effect on diluted earnings per share would be anti-dilutive.
[2]In applying the if-converted method, conversion is not assumed for purposes of computing diluted earnings per share if the effect would be anti-dilutive. For the years ended December 31, 2022 and 2021, conversion of the 2022 Convertible Notes into 0.6 million shares was not assumed as the effect on diluted earnings per share would be anti-dilutive. For the year ended December 31, 2022, conversion of the 2032 Convertible Notes into 0.5 million shares was not assumed as the effect on diluted earnings per share would be anti-dilutive.
[3]During the year ended December 31, 2023, the Company received $0.2 million of non-recurring income that was paid-in-kind and included in this financial statement line item.

About Logan Ridge Finance Corporation

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 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.
0
 CEO
 WEBSITEloganridgefinance.com
 INDUSTRYAsset Management

Logan Ridge Finance Corporation Frequently Asked Questions

What is the ticker symbol for Logan Ridge Finance Corporation? What does LRFC stand for in stocks?

LRFC is the stock ticker symbol of Logan Ridge Finance Corporation. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Logan Ridge Finance Corporation (LRFC)?

As of Thu May 02 2024, market cap of Logan Ridge Finance Corporation is 59.59 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LRFC stock?

You can check LRFC's fair value in chart for subscribers.

What is the fair value of LRFC stock?

You can check LRFC's fair value in chart for subscribers. The fair value of Logan Ridge Finance Corporation is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Logan Ridge Finance Corporation is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LRFC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Logan Ridge Finance Corporation a good stock to buy?

The fair value guage provides a quick view whether LRFC is over valued or under valued. Whether Logan Ridge Finance Corporation is cheap or expensive depends on the assumptions which impact Logan Ridge Finance Corporation's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LRFC.

What is Logan Ridge Finance Corporation's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 02 2024, LRFC's PE ratio (Price to Earnings) is -24.01 and Price to Sales (PS) ratio is 2.95. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LRFC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Logan Ridge Finance Corporation's stock?

In the past 10 years, Logan Ridge Finance Corporation has provided -0.079 (multiply by 100 for percentage) rate of return.