Horizon Technology Finance Corporation (NASDAQ:HRZN - Get Free Report) has received a consensus recommendation of "Reduce" from the five research firms that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $8.45.
A number of research analysts have issued reports on HRZN shares. UBS Group cut their target price on shares of Horizon Technology Finance from $9.00 to $8.25 and set a "neutral" rating on the stock in a research report on Thursday, April 17th. Compass Point downgraded shares of Horizon Technology Finance from a "neutral" rating to a "sell" rating and set a $6.50 target price on the stock. in a research report on Wednesday, April 30th. B. Riley started coverage on shares of Horizon Technology Finance in a research report on Tuesday, May 13th. They set a "neutral" rating and a $7.00 target price on the stock. Keefe, Bruyette & Woods cut their target price on shares of Horizon Technology Finance from $8.00 to $7.50 and set an "underperform" rating on the stock in a research report on Tuesday, April 8th. Finally, Maxim Group cut their price target on shares of Horizon Technology Finance from $15.00 to $13.00 and set a "buy" rating on the stock in a research report on Monday, March 10th.
Read Our Latest Stock Analysis on HRZN
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. TrueMark Investments LLC bought a new stake in shares of Horizon Technology Finance during the fourth quarter worth $1,882,000. Marshall Wace LLP acquired a new stake in shares of Horizon Technology Finance during the fourth quarter worth $1,288,000. Trexquant Investment LP raised its holdings in shares of Horizon Technology Finance by 196.4% during the fourth quarter. Trexquant Investment LP now owns 198,451 shares of the investment management company's stock worth $1,784,000 after acquiring an additional 131,505 shares during the period. Green Alpha Advisors LLC raised its holdings in shares of Horizon Technology Finance by 23.5% during the first quarter. Green Alpha Advisors LLC now owns 358,742 shares of the investment management company's stock worth $3,379,000 after acquiring an additional 68,295 shares during the period. Finally, Jane Street Group LLC acquired a new stake in shares of Horizon Technology Finance during the fourth quarter worth $447,000. Institutional investors own 4.94% of the company's stock.
Horizon Technology Finance Stock Up 1.2%
NASDAQ:HRZN traded up $0.09 during mid-day trading on Tuesday, reaching $7.46. 323,094 shares of the company were exchanged, compared to its average volume of 412,997. Horizon Technology Finance has a 12 month low of $7.09 and a 12 month high of $12.63. The company has a fifty day moving average of $7.49 and a 200 day moving average of $8.56. The stock has a market cap of $300.81 million, a PE ratio of -8.19 and a beta of 0.99.
Horizon Technology Finance (NASDAQ:HRZN - Get Free Report) last released its earnings results on Tuesday, April 29th. The investment management company reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by ($0.06). Horizon Technology Finance had a negative net margin of 36.34% and a positive return on equity of 13.98%. The business had revenue of $24.52 million for the quarter, compared to analyst estimates of $26.67 million. On average, equities research analysts anticipate that Horizon Technology Finance will post 1.38 EPS for the current fiscal year.
Horizon Technology Finance Dividend Announcement
The company also recently declared a dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, June 17th will be given a $0.11 dividend. The ex-dividend date is Monday, June 16th. This represents a dividend yield of 18.06%. Horizon Technology Finance's dividend payout ratio is -145.05%.
Horizon Technology Finance Company Profile
(
Get Free ReportHorizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, cleantech and sustainability industries.
Recommended Stories

Before you consider Horizon Technology Finance, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Horizon Technology Finance wasn't on the list.
While Horizon Technology Finance currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.