S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
S&P 500   3,629.65 (-0.16%)
DOW   29,872.47 (-0.58%)
Log in
NASDAQ:HRZN

Horizon Technology Finance Stock Forecast, Price & News

$12.56
+0.05 (+0.40 %)
(As of 11/25/2020 12:00 AM ET)
Add
Compare
Today's Range
$12.35
Now: $12.56
$12.59
50-Day Range
$11.30
MA: $12.19
$13.33
52-Week Range
$4.51
Now: $12.56
$13.78
Volume146,812 shs
Average Volume204,041 shs
Market Capitalization$230.70 million
P/E Ratio18.20
Dividend Yield9.59%
Beta1.09
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.
Read More
Horizon Technology Finance logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.2Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.24 out of 5 stars


Industry, Sector and Symbol

Industry Investment offices, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:HRZN
CUSIP44045A10
Phone860-676-8654
EmployeesN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$43.13 million
Cash Flow$1.58 per share
Book Value$11.86 per share

Profitability

Net Income$19.50 million

Miscellaneous

Market Cap$230.70 million
Next Earnings Date3/2/2021 (Estimated)
OptionableOptionable
$12.56
+0.05 (+0.40 %)
(As of 11/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive HRZN News and Ratings via Email

Sign-up to receive the latest news and ratings for HRZN and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Horizon Technology Finance (NASDAQ:HRZN) Frequently Asked Questions

How has Horizon Technology Finance's stock been impacted by COVID-19 (Coronavirus)?

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.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Horizon Technology Finance?

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
.

What stocks does MarketBeat like better than 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.
View MarketBeat's top stock picks here.

When is Horizon Technology Finance's next earnings date?

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
.

How were Horizon Technology Finance's earnings last quarter?

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
.

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 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
.

What price target have analysts set for HRZN?

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
.

Are investors shorting 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
.

Who are some of Horizon Technology Finance's key competitors?

What other stocks do shareholders of Horizon Technology Finance own?

Who are Horizon Technology Finance's key executives?

Horizon Technology Finance's management team includes the following people:
  • Mr. Robert D. Pomeroy Jr., Chairman & CEO (Age 69)
  • Mr. Gerald A. Michaud, Pres & Director (Age 68)
  • Mr. Daniel R. Trolio CPA, Sr. VP, Treasurer & CFO (Age 47)
  • Mr. Daniel S. Devorsetz C.F.A., CFA, Sr. VP & Chief Investment Officer (Age 50)
  • Ms. Leon Berman, Investor Relations Contact, The IGB Group
  • Mr. John C. Bombara, Sr. VP, Gen. Counsel, Sec. & Chief Compliance Officer (Age 56)
  • Ms. Megan Bacon, Marketing Support Mang.
  • Mr. Kevin T. Walsh, Managing Director of Technology - West Coast
  • Mr. Todd A. McDonald, Managing Director of Technology – Mid-Atlantic, Southeast
  • Mr. Gregory E Clark, Managing Director of Technology - East Coast

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 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
.

Which institutional investors are selling Horizon Technology Finance stock?

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
.

Which institutional investors are buying Horizon Technology Finance stock?

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
.

How do I buy shares of 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.

What is Horizon Technology Finance's stock price today?

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

How big of a company is Horizon Technology Finance?

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.

What is Horizon Technology Finance's official website?

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

How can I contact Horizon Technology Finance?

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]

This page was last updated on 11/26/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.