Horizon Technology Finance (HRZN) Stock Forecast, Price & News

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.
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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.

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.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our HRZN earnings forecast.

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%.

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.

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).

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.

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).

Horizon Technology Finance trades on the NASDAQ under the ticker symbol "HRZN."

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.
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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.
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One share of HRZN stock can currently be purchased for approximately $12.06.

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.

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.