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, equity investments 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.
IPO Year: 2013
Exchange: NASDAQ
Website: loganridgefinance.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/17/2021 | $32.00 | Neutral → Buy | Ladenburg Thalmann |
SC 13G/A - Logan Ridge Finance Corp. (0001571329) (Subject)
SC 13D - Logan Ridge Finance Corp. (0001571329) (Subject)
SC 13D/A - Logan Ridge Finance Corp. (0001571329) (Subject)
SC 13G - Logan Ridge Finance Corp. (0001571329) (Subject)
SC 13D - Logan Ridge Finance Corp. (0001571329) (Subject)
8-K - Logan Ridge Finance Corp. (0001571329) (Filer)
10-Q - Logan Ridge Finance Corp. (0001571329) (Filer)
40-17G - Logan Ridge Finance Corp. (0001571329) (Filer)
8-K - Logan Ridge Finance Corp. (0001571329) (Filer)
8-K - Logan Ridge Finance Corp. (0001571329) (Filer)
8-K - Logan Ridge Finance Corp. (0001571329) (Filer)
10-Q - Logan Ridge Finance Corp. (0001571329) (Filer)
8-K - Logan Ridge Finance Corp. (0001571329) (Filer)
10-K/A - Logan Ridge Finance Corp. (0001571329) (Filer)
10-K/A - Logan Ridge Finance Corp. (0001571329) (Filer)
Reports Solid Results with Net Investment Income of $0.37 Per Share, and Net Asset Value of $32.31 Per Share Recurring PIK Income as a Percentage of Total Investment Income Declines by Over 200 Basis Points Exits Largest Equity Investment, Nth Degree Investment Group, LLC ("Nth Degree") Declared a Distribution of $0.36 Per Share for the Fourth Quarter of 2024, Which Represents a 9% Increase Compared to the Third Quarter of 2024 NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation ("Logan Ridge", "LRFC", the "Company", "we", "us" or "our") (NASDAQ:LRFC) announced today its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highli
NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) ("LRFC," "Logan Ridge" or the "Company") to release its financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, after market close. The Company will host a conference call on Tuesday, November 12, 2024, at 11:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 1567736. A replay of this conference call will be available shortly after the live call through November 19, 2024. By Webcast: A live audio webcast of the conference ca
NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) (the "Company") today announced that as of September 10, 2024, it has exited its largest equity investment, Nth Degree Investment Group, LLC ("Nth Degree"), at or above its previously reported fair value as of June 30, 2024. Ted Goldthorpe, Chief Executive Officer and President of Logan Ridge, said, "The rotation out of the legacy equity portfolio has been a key component of the turnaround strategy for Logan Ridge since Mount Logan Management took over as the Company's investment advisor in July of 2021. We see the sale of Nth Degree, our largest equity position, as a transformative event and
Reduces Interest Rate Margin During the Reinvestment Period to 2.80% from 2.90% Extends Reinvestment Period and Maturity Date to August 2027 and August 2029, Respectively Revises Advance Rates and Concentration Limits NEW YORK, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) (the "Company") today announced that it has amended and extended its existing senior secured revolving credit facility (as amended, the "Credit Facility") with KeyBank National Association. Under the terms of the amendment, the applicable margin during the reinvestment period was reduced from 2.90% per annum to 2.80% per annum, and the applicable margin during the amortization perio
Reports Solid Results with Total Investment Income of $5.4 Million and Net Investment Income of $0.28 Per Share;Net Asset Value of $33.13 Per Share Declared a Distribution of $0.33 Per Share for the Third Quarter of 2024 NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation ("Logan Ridge", "Logan", "LRFC", "Company", "we", "us" or "our") (NASDAQ:LRFC) announced today its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Total Investment Income increased to $5.4 million for the quarter ended June 30, 2024, from $5.0 million reported for the quarter ended March 31, 2024.Net Investment Income ("NII") decreased to $0.8 milli
NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) ("LRFC," "Logan Ridge" or the "Company") to release its financial results for the second quarter ended June 30, 2024, on Thursday, August 8, 2024, after market close. The Company will host a conference call on Friday, August 9, 2024, at 11:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 4533143. A replay of this conference call will be available shortly after the live call through August 16, 2024. By Webcast: A live audio webcast of the conference call can be ac
Reports Strong Results with Net Investment Income of $0.35 Per Share, Compared to $0.22 Per Share in the Previous Quarter; Net Asset Value Increased to $33.71 Per Share from $33.34 Per Share in the Previous Quarter Declared a Distribution of $0.33 Per Share for the Second Quarter of 2024, an Increase of 3% Compared to the First Quarter of 2024; Fifth Consecutive Quarterly Distribution Increase Continued Repurchasing Shares Under its Share Repurchase Program NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation ("Logan Ridge", "Logan", "LRFC", "Company", "we", "us" or "our") (NASDAQ:LRFC) announced today its financial results for the first quarter ended March 31, 2
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 31, 2024, on Wednesday, May 8, 2024, after market close. The Company will host a conference call on Thursday, May 9, 2024, at 10:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 2512637. A replay of this conference call will be available shortly after the live call through May 16, 2024. By Webcast: A live audio webcast of the conference call can be accesse
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 as Compared to $14.9 Million for Year Ended 2022 As Previously Announced, Declared a Distribution of $0.32 Per Share for the First Quarter of 2024, an Increase of 7% Compared to Prior Quarter; Fourth Consecutive Quarterly Distribution Increase Total Distributions Paid During 2023 Amount to $0.96 Per Share NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation ("Logan Ridge", "Logan", "LRFC", "Company", "we", "us" or "our") (NASDAQ:LRFC) announced today its financial r
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 year ended December 31, 2023, today, Tuesday March 26, 2024, after market close. The Company will host a conference call on Thursday, March 28, 2024, at 10:00 a.m. ET to discuss these results. By Phone:To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 4191001. A replay of this conference call will be available shortly after the live call through April 4, 2024. By Webcast:A live audio webcast of the confe
Ladenburg Thalmann upgraded Logan Ridge Finance from Neutral to Buy and set a new price target of $32.00
Reports Solid Results with Net Investment Income of $0.37 Per Share, and Net Asset Value of $32.31 Per Share Recurring PIK Income as a Percentage of Total Investment Income Declines by Over 200 Basis Points Exits Largest Equity Investment, Nth Degree Investment Group, LLC ("Nth Degree") Declared a Distribution of $0.36 Per Share for the Fourth Quarter of 2024, Which Represents a 9% Increase Compared to the Third Quarter of 2024 NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation ("Logan Ridge", "LRFC", the "Company", "we", "us" or "our") (NASDAQ:LRFC) announced today its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highli
NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) ("LRFC," "Logan Ridge" or the "Company") to release its financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, after market close. The Company will host a conference call on Tuesday, November 12, 2024, at 11:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 1567736. A replay of this conference call will be available shortly after the live call through November 19, 2024. By Webcast: A live audio webcast of the conference ca
Reports Solid Results with Total Investment Income of $5.4 Million and Net Investment Income of $0.28 Per Share;Net Asset Value of $33.13 Per Share Declared a Distribution of $0.33 Per Share for the Third Quarter of 2024 NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation ("Logan Ridge", "Logan", "LRFC", "Company", "we", "us" or "our") (NASDAQ:LRFC) announced today its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Total Investment Income increased to $5.4 million for the quarter ended June 30, 2024, from $5.0 million reported for the quarter ended March 31, 2024.Net Investment Income ("NII") decreased to $0.8 milli
NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (NASDAQ:LRFC) ("LRFC," "Logan Ridge" or the "Company") to release its financial results for the second quarter ended June 30, 2024, on Thursday, August 8, 2024, after market close. The Company will host a conference call on Friday, August 9, 2024, at 11:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 4533143. A replay of this conference call will be available shortly after the live call through August 16, 2024. By Webcast: A live audio webcast of the conference call can be ac
Reports Strong Results with Net Investment Income of $0.35 Per Share, Compared to $0.22 Per Share in the Previous Quarter; Net Asset Value Increased to $33.71 Per Share from $33.34 Per Share in the Previous Quarter Declared a Distribution of $0.33 Per Share for the Second Quarter of 2024, an Increase of 3% Compared to the First Quarter of 2024; Fifth Consecutive Quarterly Distribution Increase Continued Repurchasing Shares Under its Share Repurchase Program NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation ("Logan Ridge", "Logan", "LRFC", "Company", "we", "us" or "our") (NASDAQ:LRFC) announced today its financial results for the first quarter ended March 31, 2
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 31, 2024, on Wednesday, May 8, 2024, after market close. The Company will host a conference call on Thursday, May 9, 2024, at 10:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 2512637. A replay of this conference call will be available shortly after the live call through May 16, 2024. By Webcast: A live audio webcast of the conference call can be accesse
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 as Compared to $14.9 Million for Year Ended 2022 As Previously Announced, Declared a Distribution of $0.32 Per Share for the First Quarter of 2024, an Increase of 7% Compared to Prior Quarter; Fourth Consecutive Quarterly Distribution Increase Total Distributions Paid During 2023 Amount to $0.96 Per Share NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation ("Logan Ridge", "Logan", "LRFC", "Company", "we", "us" or "our") (NASDAQ:LRFC) announced today its financial r
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 year ended December 31, 2023, today, Tuesday March 26, 2024, after market close. The Company will host a conference call on Thursday, March 28, 2024, at 10:00 a.m. ET to discuss these results. By Phone:To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 4191001. A replay of this conference call will be available shortly after the live call through April 4, 2024. By Webcast:A live audio webcast of the confe
Preliminarily Reports Strong 2023 Results with Net Investment Income of $1.43 Per Share, Total Investment Income of $20.2 Million Announces a Distribution of $0.32 Per Share for the First Quarter of 2024, an Increase of 7% Compared to Prior Quarter; Fourth Consecutive Quarterly Distribution Increase Total Distributions Paid During 2023 Amount to $0.96 Per Share NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation ("Logan Ridge", "Logan", "LRFC", "Company", "we", "us" or "our") (NASDAQ:LRFC) announced today that it will delay the investor conference call previously scheduled for 10:00 am ET on Thursday, March 14, 2024. Additional time is required to complet
NEW YORK, Jan. 17, 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 year ended December 31, 2023, on Wednesday, March 13, 2024, after market close. The Company will host a conference call on Thursday, March 14, 2024, at 10:00 a.m. ET to discuss these results. By Phone: To access the call, please dial (646) 307-1963 approximately 10 minutes prior to the start of the conference call and use the conference ID 4191001. A replay of this conference call will be available shortly after the live call through March 21st. By Webcast: A live audio webcast of the conferenc
3 - Logan Ridge Finance Corp. (0001571329) (Issuer)
3 - Logan Ridge Finance Corp. (0001571329) (Issuer)
4 - Logan Ridge Finance Corp. (0001571329) (Issuer)
4 - Logan Ridge Finance Corp. (0001571329) (Issuer)
3 - Logan Ridge Finance Corp. (0001571329) (Issuer)
3 - Logan Ridge Finance Corp. (0001571329) (Issuer)
3 - Logan Ridge Finance Corp. (0001571329) (Issuer)
3 - Logan Ridge Finance Corp. (0001571329) (Issuer)
3 - Logan Ridge Finance Corp. (0001571329) (Issuer)
3 - Logan Ridge Finance Corp. (0001571329) (Issuer)
Logan Ridge Finance (NASDAQ:LRFC) reported quarterly earnings of $0.35 per share which missed the analyst consensus estimate of $0.36 by 2.78 percent. This is a 12.5 percent decrease over earnings of $0.40 per share from the same period last year. The company reported quarterly sales of $5.003 million which missed the analyst consensus estimate of $5.100 million by 1.90 percent. This is a 4.81 percent decrease over sales of $5.256 million the same period last year.
Logan Ridge Finance (NASDAQ:LRFC) reported quarterly earnings of $0.22 per share which missed the analyst consensus estimate of $0.50 by 56 percent.
Companies Reporting Before The Bell • Sangamo Therapeutics (NASDAQ:SGMO) is likely to report quarterly loss at $0.26 per share on revenue of $8.10 million. • Silence Therapeutics (NASDAQ:SLN) is expected to report earnings for its fourth quarter. • Optical Cable (NASDAQ:OCC) is likely to report earnings for its first quarter. • Perma-Fix Envirn Servs (NASDAQ:PESI) is likely to report quarterly earnings at $0.06 per share on revenue of $22.50 million. • Dollar Tree (NASDAQ:DLTR) is estimated to report quarterly earnings at $2.65 per share on revenue of $8.67 billion. • Magic Software (NASDAQ:MGIC) is expected to report quarterly earnings at $0.19 per share on revenue of $117.50 million.
On March 11, 2024, the Company's Board of Directors approved a first quarter distribution of $0.32 per share payable on April 2, 2024, to stockholders of record as of March 25, 2024.
Logan Ridge Finance Corporation ("Logan Ridge", "Logan", "LRFC", "Company", "we", "us" or "our") (NASDAQ:LRFC) announced today that it will delay the investor conference call previously scheduled for 10:00 am ET on Thursday, March 14, 2024. Additional time is required to complete the year-end financial statements due to a tax-related item that is not expected to impact the Company's net asset value or net income. The Company will issue a separate press release when a rescheduled date and time has been determined Preliminary, Unaudited Fourth Quarter 2023 Financial Information Net Investment Income ("NII") of $0.6 million or $0.22 per share, inclusive of a non-recurring charge of $0.6 mil
Logan Ridge Finance (NASDAQ:LRFC) is set to give its latest quarterly earnings report on Wednesday, 2024-03-13. Here's what investors need to know before the announcement. Analysts estimate that Logan Ridge Finance will report an earnings per share (EPS) of $0.50. Logan Ridge Finance bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Historical Earnings Performance Last quarter the company beat EPS by $0.11, which was followed by a
Logan Ridge Finance (NASDAQ:LRFC) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Logan Ridge Finance beat estimated earnings by 34.38%, reporting an EPS of $0.43 versus an estimate of $0.32. Revenue was up $1.41 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.15 which was followed by a 2.64% increase in the share price the next day. To track all earnings releases for Logan Ridge Finance visit their earnings calendar here. This article was generated by Benzinga's automated content engine and reviewed by an editor.
Logan Ridge Finance (NASDAQ:LRFC) reported quarterly earnings of $0.43 per share which beat the analyst consensus estimate of $0.32 by 34.37 percent. This is a 514.29 percent increase over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $5.16 million which missed the analyst consensus estimate of $5.40 million by 4.41 percent. This is a 37.73 percent increase over sales of $3.75 million the same period last year.
Companies Reporting Before The Bell • Flex LNG (NYSE:FLNG) is estimated to report earnings for its third quarter. • Evotec (NASDAQ:EVO) is estimated to report quarterly loss at $0.05 per share on revenue of $186.09 million. • ICL Group (NYSE:ICL) is likely to report earnings for its third quarter. • SFL Corp (NYSE:SFL) is estimated to report quarterly earnings at $0.19 per share on revenue of $196.63 million. • Semantix (NASDAQ:STIX) is expected to report quarterly loss at $0.03 per share on revenue of $15.45 million. • Atlantica Sustainable (NASDAQ:AY) is projected to report quarterly earnings at $0.11 per share on revenue of $326.48 million. • PolyPid (NASDAQ:PYPD) is expected to re
Logan Ridge Finance (NASDAQ:LRFC) reported quarterly earnings of $0.38 per share which beat the analyst consensus estimate of $0.23 by 65.22 percent. This is a 272.73 percent increase over losses of $(0.22) per share from the same period last year. The company reported quarterly sales of $5.34 million which missed the analyst consensus estimate of $5.80 million by 7.86 percent. This is a 61.79 percent increase over sales of $3.30 million the same period last year.