Horizon Technology Finance Stock Forecast, Price & News

Horizon Technology Finance's stock was trading at $11.90 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, HRZN shares have increased by 5.5% and is now trading at $12.56.
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6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Horizon Technology Finance in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Horizon Technology Finance.

Wall Street analysts have given Horizon Technology Finance a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Horizon Technology Finance wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Horizon Technology Finance is scheduled to release its next quarterly earnings announcement on Tuesday, March 2nd 2021.
View our earnings forecast for Horizon Technology Finance.

Horizon Technology Finance Co. (NASDAQ:HRZN) released its quarterly earnings data on Sunday, November, 8th. The investment management company reported $0.38 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.31 by $0.07. The investment management company had revenue of $12.33 million for the quarter, compared to analyst estimates of $11.86 million. Horizon Technology Finance had a return on equity of 11.89% and a net margin of 21.85%.
View Horizon Technology Finance's earnings history.

Horizon Technology Finance declared a monthly dividend on Friday, November 6th. Shareholders of record on Friday, February 19th will be given a dividend of $0.10 per share on Tuesday, March 16th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.55%. The ex-dividend date is Thursday, February 18th.
View Horizon Technology Finance's dividend history.

6 brokers have issued 12-month price targets for Horizon Technology Finance's stock. Their forecasts range from $9.00 to $12.00. On average, they anticipate Horizon Technology Finance's stock price to reach $10.40 in the next twelve months. This suggests that the stock has a possible downside of 17.2%.
View analysts' price targets for Horizon Technology Finance.

Horizon Technology Finance saw a decline in short interest in October. As of October 30th, there was short interest totaling 210,200 shares, a decline of 25.7% from the October 15th total of 282,900 shares. Based on an average trading volume of 148,200 shares, the days-to-cover ratio is currently 1.4 days.
View Horizon Technology Finance's Short Interest.

Some companies that are related to Horizon Technology Finance include BlackRock (BLK), The Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Eaton Vance (EV), Invesco (IVZ), Ares Capital (ARCC), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Golub Capital BDC (GBDC) and Main Street Capital (MAIN).
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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 many different retail and institutional investors. Top institutional investors include Great West Life Assurance Co. Can (8.94%), Advisors Asset Management Inc. (0.91%), Eqis Capital Management Inc. (0.65%), LSV Asset Management (0.56%), BlackRock Inc. (0.45%) and Morgan Stanley (0.23%). Company insiders that own Horizon Technology Finance stock include Daniel R Trolio, Elaine A Sarsynski, Gerald A Michaud, Joseph J Savage and Robert D Jr Pomeroy.
View institutional ownership trends for Horizon Technology Finance.

HRZN stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Advisors Asset Management Inc., BlackRock Inc., and Virtus ETF Advisers LLC.
View insider buying and selling activity for Horizon Technology Finance.

HRZN stock was bought by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Eqis Capital Management Inc., Morgan Stanley, California Public Employees Retirement System, and Raymond James & Associates. Company insiders that have bought Horizon Technology Finance stock in the last two years include Daniel R Trolio, Elaine A Sarsynski, Gerald A Michaud, Joseph J Savage, and Robert D Jr Pomeroy.
View insider buying and selling activity for Horizon Technology Finance.

Shares of HRZN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of HRZN stock can currently be purchased for approximately $12.56.

Horizon Technology Finance has a market capitalization of $230.70 million and generates $43.13 million in revenue each year. The investment management company earns $19.50 million in net income (profit) each year or $1.52 on an earnings per share basis.

The official website for Horizon Technology Finance is www.horizontechfinance.com.

Horizon Technology Finance's mailing address is 312 FARMINGTON AVENUE, FARMINGTON CT, 06032. The investment management company can be reached via phone at 860-676-8654 or via email at [email protected]