Logan Ridge Finance Corporation - Common Stock (LRFC)
Frequently Asked Questions About Logan Ridge Finance Corporation - Common Stock (LRFC)
Can retail investors purchase shares of LRFC?
Yes, retail investors can purchase shares of Logan Ridge Finance Corporation through brokerage accounts that allow access to the Nasdaq stock exchange. This accessibility supports a wide range of investors interested in participating in the company’s growth.
How does Logan Ridge Finance Corporation ensure compliance with regulations?
Logan Ridge Finance Corporation adheres to regulatory requirements set forth for business development companies, including compliance with the Securities and Exchange Commission (SEC) regulations. This includes regular reporting, financial disclosures, and ensuring proper governance structures are in place.
How does Logan Ridge Finance Corporation generate revenue?
Logan Ridge Finance Corporation generates revenue primarily through the interest earned on its debt investments and any fees associated with providing capital to portfolio companies. In addition, it may realize capital gains on equity investments when sold.
How does LRFC assess potential investments?
Logan Ridge Finance Corporation employs a systematic approach to assess potential investments. This process includes thorough due diligence, financial analysis, and a comprehensive review of the borrower’s management team, market position, and growth prospects.
How often does Logan Ridge Finance Corporation pay dividends?
Logan Ridge Finance Corporation typically pays dividends on a quarterly basis. This regular distribution aligns with the company's commitment to returning value to shareholders, especially since it operates under BDC regulations.
Is Logan Ridge Finance Corporation a publicly traded company?
Yes, Logan Ridge Finance Corporation is publicly traded on the Nasdaq stock exchange under the ticker symbol LRFC. This status allows individual and institutional investors to participate in the company's growth and financial success.
What does Logan Ridge Finance Corporation do?
Logan Ridge Finance Corporation is a publicly traded business development company that primarily focuses on lending to, and investing in, growth-oriented businesses in the lower middle market. The company's investment objective is to generate both current income and capital appreciation through its portfolio investments.
What is the current market outlook for LRFC?
The current market outlook for Logan Ridge Finance Corporation is influenced by broader economic conditions affecting the lower middle market. Investors are encouraged to consider macroeconomic factors, interest rate trends, and sector performance when assessing the company's growth potential.
What is the investment strategy of LRFC?
Logan Ridge Finance Corporation employs an investment strategy focused on providing flexible capital solutions to the lower middle market. The company emphasizes a conservative approach to risk management while seeking to generate attractive returns for its shareholders.
What is the significance of being a business development company (BDC)?
Being classified as a business development company (BDC) allows Logan Ridge Finance Corporation to access capital more easily and helps attract a broader range of investors. BDCs are typically required to distribute at least 90% of their taxable income as dividends, providing shareholders with regular income.
What is the ticker symbol for Logan Ridge Finance Corporation?
The ticker symbol for Logan Ridge Finance Corporation is LRFC, and its shares are traded on the Nasdaq stock exchange. This allows investors to buy and sell shares of the company in real-time on a regulated market.
What markets does Logan Ridge Finance Corporation invest in?
Logan Ridge Finance Corporation invests primarily in the lower middle market, targeting businesses that are typically defined as having an enterprise value of $10 million to $150 million. The company seeks to create a diverse portfolio across various industries.
What resources are available for shareholders and potential investors?
Logan Ridge Finance Corporation provides a variety of resources for shareholders and potential investors, including comprehensive annual reports, quarterly earnings releases, investor presentations, and updates on its website. Such foresight allows investors to stay informed about the company’s performance and strategic direction.
What risks are associated with investing in Logan Ridge Finance Corporation?
Investors in Logan Ridge Finance Corporation may face various risks, including credit risk, interest rate risk, and market volatility. As a business that lends to smaller companies, there is also the risk of business failure, which may impact the company's financial performance.
What role does Logan Ridge Finance Corporation play in the companies it finances?
Logan Ridge Finance Corporation plays a supportive role in the companies it finances, often offering strategic guidance, operational support, and industry expertise in addition to capital. This involvement helps mitigate risk and enhance the potential for growth within its portfolio companies.
What types of financial instruments does LRFC use?
Logan Ridge Finance Corporation predominantly uses debt instruments such as senior secured loans, subordinated debt, and equity investments. This diversified approach enables the company to tailor its investments according to the specific needs of the businesses it finances.
When was Logan Ridge Finance Corporation founded?
Logan Ridge Finance Corporation was founded in 2014. The company was established with the goal of providing financing solutions to underserved businesses while delivering attractive returns to its investors.
Where is Logan Ridge Finance Corporation headquartered?
Logan Ridge Finance Corporation is headquartered in New York City, New York. This central location allows the company to effectively access a wide range of investment opportunities across various sectors.
Who are the primary target companies for LRFC?
The primary target companies for Logan Ridge Finance Corporation are growth-stage businesses that may lack access to traditional bank financing. This includes companies in sectors like healthcare, technology, manufacturing, and consumer products.
Who manages Logan Ridge Finance Corporation?
Logan Ridge Finance Corporation is externally managed by its investment advisor, Logan Ridge Financial, LLC. This management team brings considerable expertise in private equity and debt investment, contributing to the company's strategic and operational decisions.
What is the current price of Logan Ridge Finance Corporation - Common Stock?
The current price of Logan Ridge Finance Corporation - Common Stock is 18.85
When was Logan Ridge Finance Corporation - Common Stock last traded?
The last trade of Logan Ridge Finance Corporation - Common Stock was at 4:00 pm EDT on June 20th, 2025