Horizon Technology Finance Corp. Company Profile (NASDAQ:HRZN)

About Horizon Technology Finance Corp.

Horizon Technology Finance Corp. logoHorizon Technology Finance Corporation is an externally managed, closed-end, non-diversified management investment company. The Company's investment objective is to generate current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. The Company operates through lending and investment segment. The Company operates as a specialty finance company. It lends to and invests in development-stage companies in the technology, life science, healthcare information and services and cleantech industries (collectively Target Industries). The Company is focused on making secured debt investments (Venture Loans) to venture capital backed companies in its Target Industries. It also provides Venture Loans to publicly traded companies in its Target Industries. Its debt investment portfolio consists of approximately 50 debt investments. Horizon Technology Finance Management LLC is the investment advisor of the Company.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NASDAQ
  • Symbol: HRZN
  • CUSIP: 44045A10
Key Metrics:
  • Previous Close: $13.59
  • 50 Day Moving Average: $13.57
  • 200 Day Moving Average: $12.47
  • 52-Week Range: $9.01 - $13.95
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 9.64
  • P/E Growth: 1.89
  • Market Cap: $N/A
  • Beta: 0.77
Profitability:
  • Net Margins: 21.44%
  • Return on Equity: 10.80%
  • Return on Assets: 6.28%
Debt:
  • Current Ratio: 0.23%
  • Quick Ratio: 0.23%
Additional Links:
Companies Related to Horizon Technology Finance Corp.:

Analyst Ratings

Consensus Ratings for Horizon Technology Finance Corp. (NASDAQ:HRZN) (?)
Ratings Breakdown: 5 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $13.61 (0.17% upside)

Analysts' Ratings History for Horizon Technology Finance Corp. (NASDAQ:HRZN)
Show:
DateFirmActionRatingPrice TargetDetails
8/4/2016National SecuritiesReiterated RatingBuy$14.00View Rating Details
8/4/2016Oppenheimer Holdings Inc.DowngradeOutperform -> Market PerformView Rating Details
8/4/2016Citigroup Inc.DowngradeMarket Perform$14.00View Rating Details
8/4/2016Maxim GroupDowngradeBuy -> Hold$14.00 -> $13.75View Rating Details
7/7/2016Compass PointInitiated CoverageNeutral$12.65View Rating Details
3/2/2016Barrington ResearchUpgradeMarket Perform -> Outperform$15.00View Rating Details
1/27/2016Raymond James Financial Inc.DowngradeOutperform -> Market PerformView Rating Details
11/12/2015Ladenburg ThalmannReiterated RatingBuy$13.50View Rating Details
8/6/2015Keefe, Bruyette & WoodsLower Price Target$14.00 -> $12.50View Rating Details
7/2/2015Gilford SecuritiesBoost Price Target$14.25View Rating Details
3/12/2015WunderlichUpgradeHold -> Buy$14.50 -> $15.00View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for Horizon Technology Finance Corp. (NASDAQ:HRZN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016        
8/2/2016Q2$0.34$0.39$8.69 million$9.09 millionViewListenView Earnings Details
5/3/2016Q1$0.35$0.38$8.67 millionViewListenView Earnings Details
3/8/2016Q4$0.35$0.35$8.80 millionViewN/AView Earnings Details
11/3/2015Q315$0.32$0.35$8.18 million$8.43 millionViewN/AView Earnings Details
8/4/2015Q215$0.28$0.25$7.57 million$6.86 millionViewN/AView Earnings Details
5/5/2015Q115$0.33$0.30$7.13 million$7.27 millionViewN/AView Earnings Details
3/10/2015Q414$0.33$0.33$7.22 million$7.30 millionViewN/AView Earnings Details
11/4/2014Q314$0.32$0.33$7.65 million$7.73 millionViewN/AView Earnings Details
8/5/2014Q214$0.27$0.30$8.07 million$8.69 millionViewN/AView Earnings Details
5/6/2014$0.25$0.26ViewN/AView Earnings Details
3/11/2014$0.36$0.35$7.91 million$8.78 millionViewN/AView Earnings Details
11/5/2013Q313$0.35$0.36$7.94 million$8.71 millionViewN/AView Earnings Details
8/6/2013Q2 2013$0.36$0.38$7.60 millionViewN/AView Earnings Details
3/12/2013Q4 2012$0.35$0.36$7.27 million$7.94 millionViewN/AView Earnings Details
11/6/2012Q312$0.35$0.33$6.90 million$6.62 millionViewN/AView Earnings Details
8/7/2012$0.33$0.30ViewN/AView Earnings Details
3/12/2012$0.38$0.44ViewN/AView Earnings Details
11/8/2011$0.39$0.39ViewN/AView Earnings Details
3/15/2011$0.31$0.18ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Horizon Technology Finance Corp. (NASDAQ:HRZN)
Current Year EPS Consensus Estimate: $1.45 EPS
Next Year EPS Consensus Estimate: $1.41 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.33$0.33$0.33
Q2 20161$0.34$0.34$0.34
Q3 20161$0.34$0.34$0.34
Q4 20161$0.35$0.35$0.35
Q1 20171$0.35$0.35$0.35
Q2 20171$0.35$0.35$0.35
Q3 20171$0.36$0.36$0.36
Q4 20171$0.36$0.36$0.36
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Horizon Technology Finance Corp. (NASDAQ:HRZN)
Annual Dividend:$0.46
Dividend Yield:3.38%
Payout Ratio:73.02% (Based on Trailing 12 Months of Earnings)
31.72% (Based on Current Year Consensus EPS Estimate)
32.62% (Based on Next Year Consensus EPS Estimate)

Dividend History for Horizon Technology Finance Corp. (NASDAQ:HRZN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/3/2016Quarterly$0.129/16/20169/20/201610/17/2016
5/9/2016$0.128/17/20168/19/20169/15/2016
5/4/2016$0.127/18/20167/20/20168/15/2016
5/4/2016$0.126/16/20166/20/20167/15/2016
3/14/2016$0.125/17/20165/19/20166/15/2016
3/9/2016$0.124/18/20164/20/20165/16/2016
3/8/2016$0.123/16/20163/18/20164/15/2016
10/30/2015$0.122/18/20162/22/20163/15/2016
11/4/2015Quarterly$0.121/19/20161/21/20162/17/2016
11/4/2015Quarterly$0.1212/16/201512/18/20151/15/2016
8/10/2015Quarterly$0.1211/17/201511/19/201512/15/2015
8/4/2015$0.1210/16/201510/20/201511/16/2015
7/29/2015$0.129/16/20159/18/201510/15/2015
5/6/2015monthly$0.129.72%8/17/20158/19/20159/15/2015
5/6/2015monthly$0.129.72%7/16/20157/20/20158/14/2015
5/6/2015monthly$0.129.72%6/16/20156/18/20157/15/2015
3/11/2015monthly$0.129.86%5/18/20155/20/20156/15/2015
3/11/2015monthly$0.129.86%3/18/20153/20/20154/15/2015
3/11/2015monthly$0.129.86%4/16/20154/20/20155/15/2015
11/5/2014monthly$0.129.76%2/17/20152/19/20153/16/2015
11/5/2014monthly$0.129.76%1/15/20151/20/20152/13/2015
11/5/2014monthly$0.129.76%12/15/201412/17/20141/15/2015
8/6/2014monthly$0.1210.15%10/16/201410/20/201411/17/2014
8/6/2014monthly$0.1210.15%11/17/201411/19/201412/15/2014
8/6/2014monthly$0.1210.15%9/16/20149/18/201410/15/2014
5/7/2014monthly$0.1210.32%7/17/20147/21/20148/15/2014
5/7/2014monthly$0.1210.32%8/15/20148/19/20149/15/2014
5/7/2014monthly$0.1210.32%6/16/20146/18/20147/17/2014
3/12/2014monthly$0.1211.1%4/15/20144/17/20145/15/2014
3/12/2014monthly$0.1211.1%5/16/20145/20/20146/16/2014
3/11/2014apr 14$0.1211.1%3/17/20143/19/20144/15/2014
1/16/2014mar 14$0.122/5/20142/14/20143/17/2014
11/7/2013nov 13$0.1212/12/201312/16/20131/15/2014
11/6/2013monthly$0.010.99%2/12/20142/17/20143/17/2014
11/6/2013monthly$0.010.99%1/15/20141/20/20142/17/2014
11/6/2013monthly$0.010.99%12/12/201312/16/20131/15/2014
8/7/2013monthly$0.129.86%9/16/20139/18/201310/15/2013
8/7/2013monthly$0.129.86%11/15/201311/19/201312/16/2013
8/7/2013monthly$0.129.86%10/15/201310/17/201311/15/2013
5/8/2013monthly$0.129.4%7/15/20137/17/20138/15/2013
5/8/2013monthly$0.129.4%8/15/20138/19/20139/16/2013
5/8/2013monthly$0.129.4%6/18/20136/20/20137/15/2013
3/13/2013monthly$0.129.34%3/18/20133/20/20134/15/2013
3/13/2013monthly$0.129.34%4/16/20134/18/20135/15/2013
3/13/2013monthly$0.129.34%5/16/20135/20/20136/17/2013
1/15/2013jan 13$0.1212/18/201212/20/20121/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Horizon Technology Finance Corp. (NASDAQ:HRZN)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 18.65%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/19/2016Gerald A MichaudPresidentBuy225$13.42$3,019.50View SEC Filing  
3/23/2016Joseph J SavageDirectorBuy1,500$11.57$17,355.00View SEC Filing  
3/21/2016Gerald A MichaudPresidentBuy1,960$11.67$22,873.20View SEC Filing  
3/16/2016Robert D Jr. PomeroyCEOBuy2,000$11.50$23,000.00View SEC Filing  
12/21/2015Robert D Jr. PomeroyCEOBuy1,800$11.16$20,088.00View SEC Filing  
12/18/2015Gerald A MichaudPresidentBuy4,400$11.54$50,776.00View SEC Filing  
11/9/2015Gerald A MichaudPresidentBuy4,500$10.80$48,600.00View SEC Filing  
11/9/2015Robert D Jr. PomeroyCEOBuy5,000$10.86$54,300.00View SEC Filing  
8/25/2015Christopher M MathieuCFOBuy3,000$10.00$30,000.00View SEC Filing  
8/17/2015Gerald A MichaudPresidentBuy1,000$11.00$11,000.00View SEC Filing  
6/9/2015Robert D Jr. PomeroyCEOBuy2,000$13.54$27,080.00View SEC Filing  
3/31/2015Robert D Jr. PomeroyCEOBuy1,530$13.92$21,297.60View SEC Filing  
3/26/2015Christopher B WoodwardDirectorBuy1,000$13.67$13,670.00View SEC Filing  
3/24/2015Anholt Investments Ltd.Major ShareholderSell380,000$13.95$5,301,000.00View SEC Filing  
3/17/2014Gerald MichaudPresidentBuy1,900$12.86$24,434.00View SEC Filing  
3/17/2014Robert Jr. PomeroyCEOBuy1,500$12.86$19,290.00View SEC Filing  
11/13/2013Robert Jr. PomeroyCEOBuy4,000$14.07$56,280.00View SEC Filing  
11/11/2013Gerald MichaudPresidentBuy7,200$13.89$100,008.00View SEC Filing  
8/19/2013Gerald MichaudPresidentBuy1,100$13.63$14,993.00View SEC Filing  
8/16/2013Robert Jr. PomeroyCEOBuy1,000$13.60$13,600.00View SEC Filing  
12/5/2012Gerald A MichaudPresidentBuy1,090$13.86$15,107.40View SEC Filing  
12/4/2012Christopher M MathieuCFOBuy1,000$13.99$13,990.00View SEC Filing  
12/4/2012David P SwansonDirectorBuy2,000$13.99$27,980.00View SEC Filing  
9/12/2012Christopher M MathieuCFOBuy1,000$15.96$15,960.00View SEC Filing  
8/29/2012David P SwansonDirectorBuy2,000$16.50$33,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Horizon Technology Finance Corp. (NASDAQ:HRZN)
DateHeadline
News IconRecently Changed Price Targets On Horizon Technology Finance Corporation (NASDAQ:HRZN) - NewsDen (NASDAQ:HRZN)
newsden.net - September 28 at 5:19 PM
News IconHorizon Technology Finance Corp. (HRZN) Insider Trades: President Gerald A Michaud Bought 225 Shares - BNB Daily (blog) (NASDAQ:HRZN)
www.baseball-news-blog.com - September 23 at 5:09 PM
News IconNational Securities Reaffirms “Buy” Rating for Horizon Technology ... - Petro Global News 24 (NASDAQ:HRZN)
petroglobalnews24.com - September 22 at 8:36 AM
News IconHow Many Horizon Technology Finance Corp (NASDAQ:HRZN)'s Analysts Are Bullish? - Post News (NASDAQ:HRZN)
www.kentuckypostnews.com - September 18 at 9:57 AM
investornewswire.com logoCan Horizon Technology Finance Corporation (NASDAQ:HRZN ... - Investor Newswire (NASDAQ:HRZN)
www.investornewswire.com - September 17 at 10:04 AM
nasdaq.com logoHorizon Technology Finance Corporation (HRZN) Ex-Dividend Date Scheduled for September 16, 2016 - Nasdaq (NASDAQ:HRZN)
www.nasdaq.com - September 16 at 9:25 AM
thestreet.com logoEx-Div Reminder for Horizon Tech Finance (HRZN) (NASDAQ:HRZN)
www.thestreet.com - September 14 at 5:35 PM
News IconPlacing Horizon Technology Finance Corporation (NASDAQ:HRZN) Shares Under the Microscope - National Daily Press (NASDAQ:HRZN)
www.nationaldailypress.com - September 9 at 5:18 PM
wsj.com logo[$$] Hercules Adds Paul Gibson to Technology Group (NASDAQ:HRZN)
www.wsj.com - September 8 at 5:23 PM
News IconAnalysts Take the Wheel on Horizon Technology Finance Corporation (NASDAQ:HRZN) Shares and Where They ... - Frisco Fastball (NASDAQ:HRZN)
friscofastball.com - September 7 at 5:38 PM
publicnow.com logoHercules Hires Technology Finance Veteran Paul Gibson as Managing ... (NASDAQ:HRZN)
www.publicnow.com - September 7 at 5:38 PM
investornewswire.com logoCan Horizon Technology Finance Corporation (NASDAQ:HRZN) Keep Up With Analyst Expectations? - Investor Newswire (NASDAQ:HRZN)
www.investornewswire.com - September 6 at 10:12 AM
News IconStock in Review: Taking a Closer Look at Horizon Technology Finance Corporation (NASDAQ:HRZN) Shares - Post News (NASDAQ:HRZN)
www.kentuckypostnews.com - September 2 at 5:26 PM
stocksdaily.net logoWhat Is Mean Rating On Horizon Technology Finance Corporation (NASDAQ:HRZN)? - Stocks Daily (NASDAQ:HRZN)
www.stocksdaily.net - August 25 at 5:31 PM
News IconLongtime Horizon finance exec resigns (NASDAQ:HRZN)
www.hartfordbusiness.com - August 24 at 5:23 PM
4-traders.com logoHORIZON TECHNOLOGY FINANCE CORP : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K) (NASDAQ:HRZN)
www.4-traders.com - August 24 at 5:23 PM
reuters.com logoBRIEF-Horizon Technology appoints Daniel Trolio as interim CFO (NASDAQ:HRZN)
www.reuters.com - August 24 at 8:35 AM
4-traders.com logoHorizon Technology Finance : Announces Resignation of CFO and Names Daniel R. Trolio as Vice President of Finance and Interim CFO (NASDAQ:HRZN)
www.4-traders.com - August 24 at 8:35 AM
streetinsider.com logoHorizon Technology Finance (HRZN) CFO Resigns to Pursue Other Opportunities (NASDAQ:HRZN)
www.streetinsider.com - August 24 at 8:34 AM
streetinsider.com logoHorizon Technology Finance (HRZN) CFO Resigns to Pursue Other Opportunities - StreetInsider.com (NASDAQ:HRZN)
www.streetinsider.com - August 23 at 5:39 PM
publicnow.com logoHorizon Technology Finance Announces Resignation of CFO and Names Daniel R. Trolio as Vice President of Finance and Interim CFO (NASDAQ:HRZN)
www.publicnow.com - August 23 at 5:39 PM
biz.yahoo.com logoHORIZON TECHNOLOGY FINANCE CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements a (NASDAQ:HRZN)
biz.yahoo.com - August 23 at 5:39 PM
4-traders.com logoHorizon Technology Finance : MediaBrix Raises USD6.5 Million in Venture Funding (NASDAQ:HRZN)
www.4-traders.com - August 23 at 9:53 AM
News IconStock Analyst Estimates on Horizon Technology Finance Corporation (NASDAQ:HRZN) - Post News (NASDAQ:HRZN)
www.kentuckypostnews.com - August 22 at 5:34 PM
4-traders.com logoHORIZON TECHNOLOGY FINANCE CORP : ex-dividend day (NASDAQ:HRZN)
www.4-traders.com - August 17 at 5:44 PM
nasdaq.com logoHorizon Technology Finance Corporation (HRZN) Ex-Dividend Date Scheduled for August 17, 2016 - Nasdaq (NASDAQ:HRZN)
www.nasdaq.com - August 16 at 5:39 PM
finance.yahoo.com logoHORIZON TECHNOLOGY FINANCE CORP Financials (NASDAQ:HRZN)
finance.yahoo.com - August 9 at 4:19 PM
stocksdaily.net logoCan Horizon Technology Finance Corporation (NASDAQ:HRZN ... - Stocks Daily (NASDAQ:HRZN)
www.stocksdaily.net - August 6 at 5:44 PM
fortune.com logoAnalysts Downgrade of the Day: Horizon Technology Finance Corp (NASDAQ:HRZN) - Review Fortune (NASDAQ:HRZN)
reviewfortune.com - August 5 at 8:27 AM
twst.com logoHorizon Technology Finance Corporation: Horizon Technology Finance Announces Second Quarter 2016 Financial ... - The Wall Street Transcript (NASDAQ:HRZN)
www.twst.com - August 4 at 8:30 AM
seekingalpha.com logoHorizon Technology Finance Corporation's (HRZN) CEO Robert Pomeroy on Q1 2016 Results - Earnings Call Transcript - Seeking Alpha (NASDAQ:HRZN)
seekingalpha.com - August 4 at 8:30 AM
finance.yahoo.com logoEdited Transcript of HRZN earnings conference call or presentation 3-Aug-16 1:00pm GMT (NASDAQ:HRZN)
finance.yahoo.com - August 4 at 8:30 AM
News IconHorizon Tech's 2Q net climbs (NASDAQ:HRZN)
www.hartfordbusiness.com - August 3 at 5:50 PM
biz.yahoo.com logoHorizon Technology Finance Corp Earnings Call scheduled for 9:00 am ET today (NASDAQ:HRZN)
biz.yahoo.com - August 3 at 5:50 PM
twst.com logoHorizon Technology Finance Corporation: Horizon Technology Finance Announces Second Quarter 2016 Financial Results (NASDAQ:HRZN)
www.twst.com - August 3 at 8:44 AM
biz.yahoo.com logoHorizon Technology Finance Corp Earnings Call (Q2 2016) (NASDAQ:HRZN)
biz.yahoo.com - August 3 at 8:44 AM
sg.finance.yahoo.com logoHorizon Technology Finance posts 2Q loss (NASDAQ:HRZN)
sg.finance.yahoo.com - August 3 at 8:44 AM
publicnow.com logoHorizon Technology Finance Announces Monthly Distributions for October, November and December 2016 Totaling $0.345 Per Share (NASDAQ:HRZN)
www.publicnow.com - August 2 at 5:45 PM
finance.yahoo.com logo4:25 pm Horizon Technology Finance beats by $0.04, beats on revs (NASDAQ:HRZN)
finance.yahoo.com - August 2 at 5:45 PM
publicnow.com logoHorizon Technology Finance Announces Second Quarter 2016 Financial Results (NASDAQ:HRZN)
www.publicnow.com - August 2 at 5:45 PM
biz.yahoo.com logoHORIZON TECHNOLOGY FINANCE CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:HRZN)
biz.yahoo.com - August 2 at 5:45 PM
biz.yahoo.com logoQ2 2016 Horizon Technology Finance Corp Earnings Release - After Market Close (NASDAQ:HRZN)
biz.yahoo.com - August 2 at 10:18 AM
News IconHorizon Technology Finance Corporation (NASDAQ:HRZN) Upcoming Earnings: What matter for investors? - The Voice Registrar (NASDAQ:HRZN)
voiceregistrar.com - July 29 at 8:27 AM
benzinga.com logoBenzinga's Volume Movers - Benzinga (NASDAQ:HRZN)
www.benzinga.com - July 25 at 5:32 PM
investornewswire.com logoHorizon Technology Finance Corporation (NASDAQ:HRZN) Analyst Rating Update - Investor Newswire (NASDAQ:HRZN)
www.investornewswire.com - July 25 at 10:04 AM
seekingalpha.com logoHigh Dividend Stock Yields 10%, Pays Monthly, Is Below Book Value (NASDAQ:HRZN)
seekingalpha.com - July 23 at 5:13 PM
News IconEarnings Focus and Crowd Sourced Sentiment Review for Horizon Technology Finance Corporation (NASDAQ:HRZN) - TGP (NASDAQ:HRZN)
telanaganapress.com - July 22 at 8:27 AM
fiscalstandard.com logoBroker Outlook For Horizon Technology Finance Corporation (NASDAQ:HRZN) - Fiscal Standard (NASDAQ:HRZN)
www.fiscalstandard.com - July 20 at 3:29 PM
globenewswire.com logoHorizon Technology Finance to Announce Second Quarter 2016 Financial Results - GlobeNewswire (press release) (NASDAQ:HRZN)
globenewswire.com - July 20 at 8:26 AM
News IconEquity Roundup: Stock Performance Focus on Horizon Technology Finance Corporation (NASDAQ:HRZN) - Press Telegraph (NASDAQ:HRZN)
presstelegraph.com - July 19 at 5:36 PM

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Horizon Technology Finance Corp. (NASDAQ:HRZN) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff