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 and 4 hold ratings 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 Wall Street research analysts have issued 12 month target prices for Horizon Technology Finance's shares. Their HRZN share price forecasts range from $10.00 to $12.50. On average, they anticipate the company's share price to reach $10.88 in the next year. This suggests that the stock has a possible downside of 3.6%.
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 the year. Since then, HRZN stock has decreased by 2.8% and is now trading at $11.28.
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Horizon Technology Finance saw a increase in short interest in March. As of March 15th, there was short interest totaling 895,500 shares, an increase of 31.4% from the February 28th total of 681,600 shares. Based on an average daily volume of 243,000 shares, the days-to-cover ratio is presently 3.7 days. Currently, 3.2% of the shares of the company are short sold.
View Horizon Technology Finance's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our HRZN earnings forecast.

Horizon Technology Finance Co. (NASDAQ:HRZN) issued its quarterly earnings data on Tuesday, February, 28th. The investment management company reported $0.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.37 by $0.03. The investment management company had revenue of $23.15 million for the quarter, compared to analyst estimates of $22.90 million. Horizon Technology Finance had a trailing twelve-month return on equity of 12.10% and a net margin of 26.71%.

Horizon Technology Finance declared a monthly dividend on Friday, March 3rd. Investors of record on Thursday, May 18th will be paid a dividend of $0.11 per share on Wednesday, June 14th. This represents a $1.32 annualized dividend and a yield of 11.70%. The ex-dividend date is Wednesday, May 17th.
Read our dividend analysis for HRZN.

ETFs with the largest weight of Horizon Technology Finance (NASDAQ:HRZN) stock in their portfolio include Virtus Private Credit Strategy ETF (VPC).AXS Green Alpha ETF (NXTE).

Horizon Technology Finance (NASDAQ:HRZN) pays an annual dividend of $1.32 per share and currently has a dividend yield of 11.29%. 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 155.29%. 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 85.71% 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."

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 $11.28.

Horizon Technology Finance (NASDAQ:HRZN) has a market capitalization of $319.45 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 $0.85 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.