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S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
Surprise Yourself, Predict the Trends with A.I. (Ad)pixel
Top 10 Searched Stocks on MarketBeat All-Access
This Is Why Daktronics Fell 40% In One Day 
The Small Biotech Scaring Big Pharma (Ad)
Why You Should Avoid Carvana Even if it Avoids Bankruptcy
The Question of a Fed Pivot Isn't If, It's When, Here's Why
Surprise Yourself, Predict the Trends with A.I. (Ad)pixel
On the money: Yellen's next milestone is name on US currency
Biden releasing nearly $36B to aid pensions of union workers
S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
Surprise Yourself, Predict the Trends with A.I. (Ad)pixel
Top 10 Searched Stocks on MarketBeat All-Access
This Is Why Daktronics Fell 40% In One Day 
The Small Biotech Scaring Big Pharma (Ad)
Why You Should Avoid Carvana Even if it Avoids Bankruptcy
The Question of a Fed Pivot Isn't If, It's When, Here's Why
Surprise Yourself, Predict the Trends with A.I. (Ad)pixel
On the money: Yellen's next milestone is name on US currency
Biden releasing nearly $36B to aid pensions of union workers
S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
Surprise Yourself, Predict the Trends with A.I. (Ad)pixel
Top 10 Searched Stocks on MarketBeat All-Access
This Is Why Daktronics Fell 40% In One Day 
The Small Biotech Scaring Big Pharma (Ad)
Why You Should Avoid Carvana Even if it Avoids Bankruptcy
The Question of a Fed Pivot Isn't If, It's When, Here's Why
Surprise Yourself, Predict the Trends with A.I. (Ad)pixel
On the money: Yellen's next milestone is name on US currency
Biden releasing nearly $36B to aid pensions of union workers

Horizon Technology Finance - HRZN Stock Forecast, Price & News

$13.06
+0.13 (+1.01%)
(As of 12/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$12.91
$13.12
50-Day Range
$9.86
$13.39
52-Week Range
$9.67
$16.59
Volume
67,003 shs
Average Volume
182,249 shs
Market Capitalization
$344.80 million
P/E Ratio
16.12
Dividend Yield
9.28%
Price Target
$11.00

Horizon Technology Finance MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
15.8% Downside
$11.00 Price Target
Short Interest
Healthy
1.51% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.89mentions of Horizon Technology Finance in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$66,424 Bought Last Quarter
Proj. Earnings Growth
10.56%
From $1.42 to $1.57 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars

Finance Sector

630th out of 862 stocks

Investment Offices, Not Elsewhere Classified Industry

5th out of 9 stocks

HRZN stock logo

About Horizon Technology Finance (NASDAQ:HRZN) Stock

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, and cleantech industries. It seeks to invest in companies in the United States.

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HRZN Stock News Headlines

HRZN Horizon Technology Finance
Horizon Technology Finance Corporation
Horizon Technology Finance Corp.
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HRZN Company Calendar

Last Earnings
11/01/2022
Ex-Dividend for 12/15 Dividend
11/16/2022
Today
12/08/2022
Dividend Payable
12/15/2022
Ex-Dividend for 1/13 Dividend
12/16/2022
Fiscal Year End
12/31/2022
Dividend Payable
1/13/2023
Next Earnings (Estimated)
3/07/2023

Industry, Sector and Symbol

Industry
Investment offices, not elsewhere classified
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
Current Symbol
NASDAQ:HRZN
CUSIP
44045A10
Employees
N/A
Year Founded
2004

Price Target and Rating

Average Stock Price Forecast
$11.00
High Stock Price Forecast
$12.50
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
-15.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$27.78 million
Pretax Margin
46.63%

Debt

Sales & Book Value

Annual Sales
$60.01 million
Cash Flow
$1.48 per share
Book Value
$12.01 per share

Miscellaneous

Free Float
26,005,000
Market Cap
$344.80 million
Optionable
Optionable
Beta
1.14

Social Links


Key Executives

  • Mr. Robert D. Pomeroy Jr.Mr. Robert D. Pomeroy Jr. (Age 71)
    Chairman & CEO
  • Mr. Gerald A. MichaudMr. Gerald A. Michaud (Age 70)
    Pres & Director
  • Mr. Daniel R. Trolio CPA (Age 49)
    Exec. VP, CFO & Treasurer
  • Mr. Daniel S. Devorsetz C.F.A. (Age 52)
    CFA, Exec. VP, Chief Investment Officer & COO
  • Ms. Megan N. Bacon
    Director of Investor Relations & Marketing
  • Mr. John C. Bombara (Age 58)
    Exec. VP, Gen. Counsel, Sec. & Chief Compliance Officer
  • Mr. Kevin T. Walsh
    Sr. Managing Director of Technology - West Coast
  • Mr. Todd A. McDonald
    Sr. Managing Director of Technology – Mid-Atlantic, Southeast
  • Mr. Mishone B. Donelson
    Managing Director of Life Science – East Coast
  • Mr. Kevin J. May
    Sr. Managing Director of West Coast













HRZN Stock - Frequently Asked Questions

Should I buy or sell Horizon Technology Finance stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Horizon Technology Finance in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities 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?

4 analysts have issued 1-year price objectives 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 share price to reach $11.00 in the next twelve months. This suggests that the stock has a possible downside of 15.8%.
View analysts price targets for HRZN
or view top-rated stocks among Wall Street analysts.

How have HRZN shares performed in 2022?

Horizon Technology Finance's stock was trading at $15.92 at the beginning of the year. Since then, HRZN stock has decreased by 18.0% and is now trading at $13.06.
View the best growth stocks for 2022 here
.

Are investors shorting Horizon Technology Finance?

Horizon Technology Finance saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 393,300 shares, an increase of 60.1% from the October 31st total of 245,700 shares. Based on an average daily volume of 167,200 shares, the short-interest ratio is currently 2.4 days. Currently, 1.5% of the company's stock are short sold.
View Horizon Technology Finance's Short Interest
.

When is Horizon Technology Finance's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 7th 2023.
View our HRZN earnings forecast
.

How were Horizon Technology Finance's earnings last quarter?

Horizon Technology Finance Co. (NASDAQ:HRZN) posted its quarterly earnings results on Tuesday, November, 1st. The investment management company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.10. The investment management company had revenue of $23.25 million for the quarter, compared to analysts' expectations of $18.92 million. Horizon Technology Finance had a trailing twelve-month return on equity of 11.93% and a net margin of 26.58%.

How often does Horizon Technology Finance pay dividends? What is the dividend yield for Horizon Technology Finance?

Horizon Technology Finance declared a monthly dividend on Monday, November 7th. Stockholders of record on Friday, February 17th will be given a dividend of $0.11 per share on Wednesday, March 15th. This represents a $1.32 annualized dividend and a dividend yield of 10.11%. The ex-dividend date of this dividend is Thursday, February 16th.
Read our dividend analysis for HRZN
.

Is Horizon Technology Finance a good dividend stock?

Horizon Technology Finance (NASDAQ:HRZN) pays an annual dividend of $1.20 per share and currently has a dividend yield of 9.28%. 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 148.15%. 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 76.43% 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?
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 many different retail and institutional investors. Top institutional investors include Advisors Asset Management Inc. (1.03%), Two Sigma Advisers LP (0.90%), Green Alpha Advisors LLC (0.59%), BlackRock Inc. (0.51%), Marshall Wace LLP (0.51%) and Two Sigma Investments LP (0.33%). Insiders that own company stock include Daniel R Trolio, Edmund V Mahoney, Elaine A Sarsynski, 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 $13.06.

How much money does Horizon Technology Finance make?

Horizon Technology Finance (NASDAQ:HRZN) has a market capitalization of $344.80 million and generates $60.01 million in revenue each year. The investment management company earns $27.78 million in net income (profit) each year or $0.81 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 12/9/2022 by MarketBeat.com Staff