Horizon Technology Finance (HRZN) Stock Price, News & Analysis

Company Overview

Horizon Technology Finance Corporation (NASDAQ: HRZN) is a specialty finance company that has elected to be regulated as a business development company. It provides secured venture loans to development-stage companies backed by venture capital or private equity investors.

The company primarily finances businesses in the technology, life sciences, healthcare information and sustainability sectors. Its lending solutions are designed to support needs such as product development, commercialization, acquisitions, working capital and other corporate purposes. In addition to loan investments, Horizon may receive warrants or other equity-related interests in its portfolio companies.

Horizon generally focuses on companies in the United States and seeks to build a diversified portfolio of loans with structured terms intended to provide downside protection while supporting the growth of emerging businesses. The company is externally managed by Horizon Technology Finance Management LLC and has operated as a publicly traded business development company since 2010.

Key Stats

• Today's Range: $3.89 to $4.00
• 50-Day Range: $3.96 to $5.08
• 52-Week Range: $3.80 to $6.85
• Volume: 539,846 shs
• Average Volume: 439,212 shs
• Market Capitalization: $265.44 million
• P/E Ratio: 11.00
• Dividend Yield: 18.18%
• Price Target: $5.00
• Consensus Rating: Hold

Horizon Technology Finance Stock Analysis - MarketRank™

Horizon Technology Finance scored higher than 94% of companies evaluated by MarketBeat, and ranked 93rd out of 848 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.0 / 5
• Analyst Rating: Hold

Consensus Rating

Horizon Technology Finance has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, 5 hold ratings, and 1 sell rating.

Upside Potential

Horizon Technology Finance has a consensus price target of $5.00, representing about 26.3% upside from its current price of $3.96.

Amount of Analyst Coverage

Horizon Technology Finance has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 12.70%

Earnings Growth

Earnings for Horizon Technology Finance are expected to grow by 12.70% in the coming year, from $0.63 to $0.71 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Horizon Technology Finance is 11.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.70.

Price to Earnings Ratio vs. Sector

The P/E ratio of Horizon Technology Finance is 11.00, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.72.

Price to Book Value per Share Ratio

Horizon Technology Finance has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.00% of the float of Horizon Technology Finance has been sold short.

Short Interest Ratio / Days to Cover

Horizon Technology Finance has a short interest ratio ("days to cover") of 8.4.

Change versus previous month

Short interest in Horizon Technology Finance has recently decreased by 9.66%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Horizon Technology Finance is a leading dividend payer. It pays a dividend yield of 18.00%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Horizon Technology Finance does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Horizon Technology Finance is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Horizon Technology Finance will have a dividend payout ratio of 101.41% in the coming year. This indicates that Horizon Technology Finance may not be able to sustain their current dividend.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.27

News Sentiment

Horizon Technology Finance has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Horizon Technology Finance this week, compared to 3 articles on an average week.

Search Interest

7 people have searched for HRZN on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.

MarketBeat Follows

4 people have added Horizon Technology Finance to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 0.1 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Horizon Technology Finance insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.29% of the stock of Horizon Technology Finance is held by insiders.

Percentage Held by Institutions

4.94% of the stock of Horizon Technology Finance is held by institutions.

Company Calendar

• Last Earnings: 8/04/2026
• Record date for 11/16 Dividend: 10/16/2026
• Ex-Dividend for 11/16 Dividend: 10/16/2026
• Today: 10/23/2026
• Next Earnings (Estimated): 10/27/2026
• Dividend Payable: 11/16/2026
• Record date for 12/15 Dividend: 11/17/2026
• Ex-Dividend for 12/15 Dividend: 11/17/2026
• Dividend Payable: 12/15/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Capital Markets
• Sub-Industry: Asset Management & Custody Banks
• Current Symbol: NASDAQ:HRZN
• CIK: 1487428
• Web: www.horizontechfinance.com
• Phone: (860) 676-8654
• Fax: 860-676-8655
• Employees: N/A
• Year Founded: 2004

Price Target and Rating

• Average Price Target for Horizon Technology Finance: $5.00
• High Price Target: $5.50
• Low Price Target: $4.50
• Potential Upside/Downside: +26.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.36
• Trailing P/E Ratio: 11.00
• Forward P/E Ratio: 6.29
• P/E Growth: N/A
• Net Income: -$2.66 million
• Net Margins: 5.27%
• Pretax Margin: 41.05%
• Return on Equity: 11.15%
• Return on Assets: 4.84%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.21
• Quick Ratio: 0.21

Sales & Book Value

• Annual Sales: $96.02 million
• Price / Sales: 2.76
• Cash Flow: $1.01 per share
• Price / Cash Flow: 3.94
• Book Value: $6.88 per share
• Price / Book: 0.58

Miscellaneous

• Outstanding Shares: 67,030,000
• Free Float: 66,840,000
• Market Cap: $265.44 million
• Optionable: Optionable
• Beta: 1.00