Logan Ridge Finance (LRFC) Set to Announce Quarterly Earnings on Thursday

Logan Ridge Finance (NASDAQ:LRFC) will announce its earnings results after the market closes on Thursday, November 7th. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Logan Ridge Finance (NASDAQ:LRFC) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.28 earnings per share (EPS) for the quarter. Logan Ridge Finance had a positive return on equity of 3.80% and a negative net margin of 19.44%. The company had revenue of $5.37 million for the quarter. On average, analysts expect Logan Ridge Finance to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Logan Ridge Finance Price Performance

NASDAQ:LRFC opened at $25.21 on Tuesday. Logan Ridge Finance has a 1-year low of $19.82 and a 1-year high of $25.74. The firm has a fifty day simple moving average of $23.60 and a 200 day simple moving average of $22.70. The company has a debt-to-equity ratio of 1.27, a current ratio of 3.87 and a quick ratio of 3.87.

Logan Ridge Finance Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Thursday, August 22nd were given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.24%. The ex-dividend date was Thursday, August 22nd. Logan Ridge Finance’s dividend payout ratio (DPR) is presently -88.59%.

Logan Ridge Finance Company Profile

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.