Horizon Technology Finance (HRZN) Projected to Post Earnings on Tuesday

Horizon Technology Finance (NASDAQ:HRZN - Get Free Report) will likely be announcing its Q1 2025 earnings results after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.33 per share and revenue of $26.67 million for the quarter.

Horizon Technology Finance (NASDAQ:HRZN - Get Free Report) last issued its quarterly earnings results on Tuesday, March 4th. The investment management company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.06). Horizon Technology Finance had a positive return on equity of 15.78% and a negative net margin of 3.69%. The firm had revenue of $23.55 million for the quarter, compared to analysts' expectations of $25.69 million. On average, analysts expect Horizon Technology Finance to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Horizon Technology Finance Stock Performance

Shares of HRZN traded up $0.08 during trading hours on Friday, hitting $8.75. 213,701 shares of the stock were exchanged, compared to its average volume of 352,993. Horizon Technology Finance has a 12-month low of $7.55 and a 12-month high of $12.63. The company has a market cap of $352.91 million, a price-to-earnings ratio of -72.92 and a beta of 1.08. The stock's 50-day moving average price is $9.00 and its two-hundred day moving average price is $9.27.

Horizon Technology Finance Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, April 17th will be given a dividend of $0.11 per share. This represents a dividend yield of 16.34%. The ex-dividend date is Wednesday, April 16th. Horizon Technology Finance's payout ratio is -1,100.00%.

Wall Street Analyst Weigh In

HRZN has been the subject of several research reports. StockNews.com cut Horizon Technology Finance from a "hold" rating to a "sell" rating in a research report on Thursday, February 20th. Keefe, Bruyette & Woods reduced their price target on Horizon Technology Finance from $8.00 to $7.50 and set an "underperform" rating on the stock in a report on Tuesday, April 8th. Maxim Group dropped their price objective on shares of Horizon Technology Finance from $15.00 to $13.00 and set a "buy" rating for the company in a report on Monday, March 10th. Finally, UBS Group reduced 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 note on Thursday, April 17th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $9.20.

Horizon Technology Finance Company Profile

Horizon 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.