Positive News SentimentPositive NewsNASDAQ:HRZN Horizon Technology Finance (HRZN) Stock Forecast, Price & News $12.06 -0.17 (-1.39%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$12.00▼$12.2250-Day Range$10.99▼$13.2752-Week Range$9.67▼$13.96Volume290,782 shsAverage Volume261,580 shsMarket Capitalization$345.64 millionP/E Ratio13.70Dividend Yield10.95%Price Target$11.20 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Horizon Technology Finance MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside7.1% Downside$11.20 Price TargetShort InterestBearish3.52% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth0.59%From $1.69 to $1.70 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.52 out of 5 starsFinance Sector848th out of 870 stocksInvestment Offices, Not Elsewhere Classified Industry7th out of 8 stocks 1.0 Analyst's Opinion Consensus RatingHorizon Technology Finance has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.20, Horizon Technology Finance has a forecasted downside of 7.1% from its current price of $12.06.Amount of Analyst CoverageHorizon Technology Finance has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.52% of the float of Horizon Technology Finance has been sold short.Short Interest Ratio / Days to CoverHorizon Technology Finance has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in Horizon Technology Finance has recently increased by 11.22%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipHorizon Technology Finance is a leading dividend payer. It pays a dividend yield of 10.80%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHorizon Technology Finance has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Horizon Technology Finance is 150.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Horizon Technology Finance will have a dividend payout ratio of 77.65% in the coming year. This indicates that Horizon Technology Finance may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HRZN. Previous Next 3.3 News and Social Media Coverage News SentimentHorizon Technology Finance has a news sentiment score of 1.89. 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 higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Horizon Technology Finance this week, compared to 2 articles on an average week.Search Interest33 people have searched for HRZN on MarketBeat in the last 30 days. This is an increase of 3% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Horizon Technology Finance to their MarketBeat watchlist in the last 30 days. This is a decrease of -41% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Horizon Technology Finance insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.50% of the stock of Horizon Technology Finance is held by insiders.Percentage Held by InstitutionsOnly 9.82% of the stock of Horizon Technology Finance is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Horizon Technology Finance are expected to grow by 0.59% in the coming year, from $1.69 to $1.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Horizon Technology Finance is 13.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.55.Price to Earnings Ratio vs. SectorThe P/E ratio of Horizon Technology Finance is 13.70, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 147.35.Price to Book Value per Share RatioHorizon Technology Finance has a P/B Ratio of 1.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Horizon Technology Finance (NASDAQ:HRZN) StockHorizon Technology Finance Corp. operates as a specialty finance company, which engages in the provision of capital in the form of secured loans to venture capital backed companies. It is also involved in lending and investing in portfolio companies in technology, life science, healthcare information and services and cleantech industries. The company was founded by John C. Bombara, Daniel S. Devorsetz, Robert D. Pomeroy and Gerald A. Michaud on March 16, 2010 and is headquartered in Farmington, CT.Read More Receive HRZN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Horizon Technology Finance and its competitors with MarketBeat's FREE daily newsletter. Email Address HRZN Stock News HeadlinesMay 31, 2023 | finance.yahoo.comWhy Horizon Technology Finance Stock Plummeted TodayMay 31, 2023 | benzinga.comHorizon Technology Finance shares are trading lower after the company announced pricing of a public offering of common stock.June 9, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 31, 2023 | msn.comHorizon Technology Finance prices ~$40M equity offeringMay 25, 2023 | seekingalpha.comHorizon Technology Finance provides $30M venture loan facility to SafelyYouMay 24, 2023 | seekingalpha.comHorizon Technology Finance expands credit facility's capacity to $250MMay 24, 2023 | finance.yahoo.comHorizon Technology Finance Strengthens Capital Resources and Increases Capacity of Credit Facility to $250 MillionMay 22, 2023 | americanbankingnews.comBrokerages Set Horizon Technology Finance Co. (NASDAQ:HRZN) PT at $11.20June 9, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 21, 2023 | americanbankingnews.comHorizon Technology Finance (NASDAQ:HRZN) Earns Sell Rating from Analysts at StockNews.comMay 15, 2023 | americanbankingnews.comHorizon Technology Finance Co. (HRZN) to Issue Monthly Dividend of $0.11 on June 14thMay 14, 2023 | americanbankingnews.comHorizon Technology Finance (NASDAQ:HRZN) Shares Cross Above 200-Day Moving Average of $12.07May 11, 2023 | msn.comUnusual Put Option Trade in Horizon Technology Finance (HRZN) Worth $39.78KMay 8, 2023 | finance.yahoo.comHorizon Technology Finance (HRZN) Upgraded to Strong Buy: What Does It Mean for the Stock?May 5, 2023 | americanbankingnews.comHorizon Technology Finance Co. to Post Q3 2023 Earnings of $0.37 Per Share, B. Riley Forecasts (NASDAQ:HRZN)May 4, 2023 | finance.yahoo.comQ1 2023 Horizon Technology Finance Corp Earnings CallMay 2, 2023 | finance.yahoo.comHorizon Technology Finance Announces First Quarter 2023 Financial ResultsMay 2, 2023 | finance.yahoo.comHorizon Technology Finance Announces Monthly Distributions for July, August and September 2023 Totaling $0.33 per ShareMay 2, 2023 | finance.yahoo.comHorizon Technology Finance (HRZN) Q1 Earnings and Revenues Beat EstimatesMay 1, 2023 | americanbankingnews.comHorizon Technology Finance (HRZN) Set to Announce Earnings on TuesdayApril 27, 2023 | americanbankingnews.comBrokerages Set Horizon Technology Finance Co. (NASDAQ:HRZN) Price Target at $11.20April 16, 2023 | finance.yahoo.comWant to Safely Generate $300 in Quarterly Dividend Income? Invest $12,500 in This Ultra-High-Yield Stock TrioApril 13, 2023 | americanbankingnews.comHorizon Technology Finance (NASDAQ:HRZN) Coverage Initiated at LADENBURG THALM/SH SHApril 12, 2023 | finance.yahoo.comHorizon Technology Finance Provides First Quarter 2023 Portfolio UpdateApril 11, 2023 | msn.comLadenburg Thalmann Initiates Coverage of Horizon Technology Finance (HRZN) with Buy RecommendationApril 4, 2023 | americanbankingnews.comBrokerages Set Horizon Technology Finance Co. (NASDAQ:HRZN) Target Price at $10.88April 1, 2023 | americanbankingnews.comHorizon Technology Finance Co. (NASDAQ:HRZN) Sees Significant Growth in Short InterestSee More Headlines HRZN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HRZN Company Calendar Last Earnings5/02/2023Ex-Dividend for 6/14 Dividend5/17/2023Today6/09/2023Dividend Payable6/14/2023Ex-Dividend for 7/14 Dividend6/15/2023Dividend Payable7/14/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Investment offices, not elsewhere classified Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNASDAQ:HRZN CUSIP44045A10 CIK1487428 Webwww.horizontechfinance.com Phone(860) 676-8654Fax860-676-8655EmployeesN/AYear Founded2004Price Target and Rating Average Stock Price Forecast$11.20 High Stock Price Forecast$12.50 Low Stock Price Forecast$10.00 Forecasted Upside/Downside-7.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.88 Trailing P/E Ratio13.70 Forward P/E Ratio7.14 P/E GrowthN/ANet Income$21.15 million Net Margins24.66% Pretax Margin47.59% Return on Equity14.04% Return on Assets6.01% Debt Debt-to-Equity RatioN/A Current Ratio0.07 Quick Ratio0.07 Sales & Book Value Annual Sales$79.19 million Price / Sales4.36 Cash Flow$1.41 per share Price / Cash Flow8.54 Book Value$12.06 per share Price / Book1.00Miscellaneous Outstanding Shares28,660,000Free Float28,227,000Market Cap$345.64 million OptionableOptionable Beta1.16 Social Links Key ExecutivesRob PomeroyChairman & Chief Executive OfficerGerald A. MichaudPresident & DirectorDan DevorsetzExecutive VP, Chief Operating & Investment OfficerDaniel R. TrolioChief Financial Officer, Treasurer & Executive VPTodd A. McDonaldSenior Managing Director-TechnologyKey CompetitorsWhiteHorse FinanceNASDAQ:WHFSLR InvestmentNASDAQ:SLRCTekla Life Sciences InvestorsNYSE:HQLPutnam Municipal Opportunities TrustNYSE:PMOPutnam Premier Income TrustNYSE:PPTView All CompetitorsInsiders & InstitutionsArete Wealth Advisors LLCBought 10,346 shares on 5/22/2023Ownership: 0.036%B. Riley Wealth Advisors Inc.Sold 1,014 shares on 5/17/2023Ownership: 0.054%BSW Wealth PartnersBought 11,928 shares on 5/16/2023Ownership: 0.042%Two Sigma Advisers LPSold 97,900 shares on 5/15/2023Ownership: 0.272%UBS Group AGSold 3,110 shares on 5/12/2023Ownership: 0.054%View All Insider TransactionsView All Institutional Transactions HRZN Stock - Frequently Asked Questions Should I buy or sell Horizon Technology Finance stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Horizon Technology Finance in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" HRZN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HRZN, but not buy additional shares or sell existing shares. View HRZN analyst ratings or view top-rated stocks. What is Horizon Technology Finance's stock price forecast for 2023? 5 brokers have issued 12-month price targets for Horizon Technology Finance's stock. Their HRZN share price forecasts range from $10.00 to $12.50. On average, they anticipate the company's stock price to reach $11.20 in the next twelve months. This suggests that the stock has a possible downside of 7.1%. View analysts price targets for HRZN or view top-rated stocks among Wall Street analysts. How have HRZN shares performed in 2023? Horizon Technology Finance's stock was trading at $11.60 at the beginning of 2023. Since then, HRZN stock has increased by 4.0% and is now trading at $12.06. View the best growth stocks for 2023 here. When is Horizon Technology Finance's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our HRZN earnings forecast. How were Horizon Technology Finance's earnings last quarter? Horizon Technology Finance Co. (NASDAQ:HRZN) announced its quarterly earnings data on Tuesday, May, 2nd. The investment management company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.07. The investment management company had revenue of $28.04 million for the quarter, compared to analysts' expectations of $24.92 million. Horizon Technology Finance had a net margin of 24.66% and a trailing twelve-month return on equity of 14.04%. How often does Horizon Technology Finance pay dividends? What is the dividend yield for Horizon Technology Finance? Horizon Technology Finance announced a monthly dividend on Friday, April 28th. Shareholders of record on Friday, June 16th will be paid a dividend of $0.11 per share on Friday, July 14th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 10.95%. The ex-dividend date is Thursday, June 15th. Read our dividend analysis for HRZN. What ETFs hold Horizon Technology Finance's stock? ETFs with the largest weight of Horizon Technology Finance (NASDAQ:HRZN) stock in their portfolio include AXS Green Alpha ETF (NXTE).Virtus Private Credit Strategy ETF (VPC). Is Horizon Technology Finance a good dividend stock? Horizon Technology Finance (NASDAQ:HRZN) pays an annual dividend of $1.32 per share and currently has a dividend yield of 10.80%. HRZN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 150.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, HRZN will have a dividend payout ratio of 77.65% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for HRZN. What other stocks do shareholders of Horizon Technology Finance own? Based on aggregate information from My MarketBeat watchlists, some companies that other Horizon Technology Finance investors own include Energy Transfer (ET), AT&T (T), Annaly Capital Management (NLY), AGNC Investment (AGNC), Prospect Capital (PSEC), NGL Energy Partners (NGL), Ares Capital (ARCC), Enterprise Products Partners (EPD), New Residential Investment (NRZ) and TriplePoint Venture Growth BDC (TPVG). What is Horizon Technology Finance's stock symbol? Horizon Technology Finance trades on the NASDAQ under the ticker symbol "HRZN." Who are Horizon Technology Finance's major shareholders? Horizon Technology Finance's stock is owned by a number of retail and institutional investors. Top institutional investors include Advisors Asset Management Inc. (1.00%), Green Alpha Advisors LLC (0.82%), BlackRock Inc. (0.47%), Two Sigma Advisers LP (0.27%), Mackenzie Financial Corp (0.21%) and Commonwealth Equity Services LLC (0.11%). Insiders that own company stock include Daniel R Trolio, Edmund V Mahoney, Gerald A Michaud, Joseph J Savage and Robert D Jr Pomeroy. View institutional ownership trends. How do I buy shares of Horizon Technology Finance? Shares of HRZN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Horizon Technology Finance's stock price today? One share of HRZN stock can currently be purchased for approximately $12.06. How much money does Horizon Technology Finance make? Horizon Technology Finance (NASDAQ:HRZN) has a market capitalization of $345.64 million and generates $79.19 million in revenue each year. The investment management company earns $21.15 million in net income (profit) each year or $0.88 on an earnings per share basis. How can I contact Horizon Technology Finance? Horizon Technology Finance's mailing address is 312 FARMINGTON AVENUE, FARMINGTON CT, 06032. The official website for the company is www.horizontechfinance.com. The investment management company can be reached via phone at (860) 676-8654, via email at ir@horizontechfinance.com, or via fax at 860-676-8655. This page (NASDAQ:HRZN) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Horizon Technology Finance Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.