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

Company Overview

Horizon Technology Finance Corporation is a specialty finance company organized as a business development company (BDC) that provides private credit solutions to venture capital and private equity-backed technology, life science and healthcare companies. The firm targets companies at various stages of development, offering secured debt financing structures such as first‐lien and second‐lien loans, as well as equity co‐investment opportunities in select portfolio companies.

Horizon Technology Finance’s investment strategy emphasizes deployment of capital in U.S.‐based enterprises with proven technology, strong management teams and clear paths to growth. The company typically partners with established venture investors to structure financings that support research and development, product commercialization and working capital needs. Its product suite includes senior secured loans, revenue‐based financing and other bespoke credit solutions designed to complement traditional equity financing rounds.

Headquartered in Irvine, California, Horizon Technology Finance was formed in May 2006 and commenced operations in June 2007. Since its inception, the firm has cultivated relationships with a network of venture firms and strategic investors across North America, enabling it to source and underwrite differentiated investment opportunities in high-growth sectors. As a BDC, Horizon Technology Finance adheres to regulatory standards intended to provide transparency and liquidity to its investors while striving to deliver attractive risk‐adjusted returns through its targeted financing activities.

Key Stats

• Today's Range: $4.61 to $4.73
• 50-Day Range: $4.14 to $4.73
• 52-Week Range: $3.80 to $7.28
• Volume: 518,422 shs
• Average Volume: 916,401 shs
• Market Capitalization: $314.71 million
• P/E Ratio: 13.04
• Dividend Yield: 15.34%
• Price Target: $5.45
• Consensus Rating: Hold

Horizon Technology Finance Stock Analysis - MarketRank™

Horizon Technology Finance scored higher than 94% of companies evaluated by MarketBeat, and ranked 81st out of 838 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.9 / 5
• Analyst Rating: Hold

Consensus Rating

Horizon Technology Finance has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, 5 hold ratings, and 1 sell rating.

Upside Potential

Horizon Technology Finance has a consensus price target of $5.45, representing about 15.8% upside from its current price of $4.71.

Amount of Analyst Coverage

Horizon Technology Finance has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 15.94%

Earnings Growth

Earnings for Horizon Technology Finance are expected to grow by 15.94% in the coming year, from $0.69 to $0.80 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Horizon Technology Finance is 13.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of Horizon Technology Finance is 13.07, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 29.17.

Price to Book Value per Share Ratio

Horizon Technology Finance has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.81% of the float of Horizon Technology Finance has been sold short.

Short Interest Ratio / Days to Cover

Horizon Technology Finance has a short interest ratio ("days to cover") of 5.16.

Change versus previous month

Short interest in Horizon Technology Finance has recently increased by 5.00%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Horizon Technology Finance is a leading dividend payer. It pays a dividend yield of 15.52%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Horizon Technology Finance does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Horizon Technology Finance is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Horizon Technology Finance will have a dividend payout ratio of 90.00% in the coming year. This indicates that Horizon Technology Finance may not be able to sustain their current dividend.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 0.39

News Sentiment

Horizon Technology Finance has a news sentiment score of 0.39. 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 lower news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 23 news articles for Horizon Technology Finance this week, compared to 3 articles on an average week.

Search Interest

12 people have searched for HRZN on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

4 people have added Horizon Technology Finance to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 3.6 / 5
• Insider Trading: Acquiring Shares

Cluster Insider Buying

5 insiders have purchased shares of Horizon Technology Finance in the last three months. Multiple insiders buying is a strong bullish signal.

Net Insider Buying

Over the last three months, insiders have purchased a net $585,975.00 in company stock, which represents 0.1858% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Horizon Technology Finance insiders have bought more of their company's stock than they have sold. Specifically, they have bought $585,975.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

0.29% of the stock of Horizon Technology Finance is held by insiders.

Percentage Held by Institutions

4.94% of the stock of Horizon Technology Finance is held by institutions.

Company Calendar

• Record date for 8/14 Dividend: 7/16/2026
• Ex-Dividend for 8/14 Dividend: 7/16/2026
• Last Earnings: 8/04/2026
• Today: 8/10/2026
• Dividend Payable: 8/14/2026
• Record date for 9/15 Dividend: 8/17/2026
• Ex-Dividend for 9/15 Dividend: 8/17/2026
• Dividend Payable: 9/15/2026
• Next Earnings (Estimated): 10/27/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Capital Markets
• Sub-Industry: Asset Management & Custody Banks
• Current Symbol: NASDAQ:HRZN
• CIK: 1487428
• Web: www.horizontechfinance.com
• Phone: (860) 676-8654
• Fax: 860-676-8655
• Employees: N/A
• Year Founded: 2004

Price Target and Rating

• Average Price Target for Horizon Technology Finance: $5.45
• High Price Target: $7.50
• Low Price Target: $4.25
• Potential Upside/Downside: +16.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.36
• Trailing P/E Ratio: 13.04
• Forward P/E Ratio: 6.80
• P/E Growth: N/A
• Net Income: -$2.66 million
• Net Margins: 5.27%
• Pretax Margin: 41.05%
• Return on Equity: 11.15%
• Return on Assets: 4.84%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.21
• Quick Ratio: 0.21

Sales & Book Value

• Annual Sales: $96.02 million
• Price / Sales: 3.28
• Cash Flow: $1.03 per share
• Price / Cash Flow: 4.57
• Book Value: $6.88 per share
• Price / Book: 0.68

Miscellaneous

• Outstanding Shares: 67,030,000
• Free Float: 66,840,000
• Market Cap: $314.71 million
• Optionable: Optionable
• Beta: 0.98