NASDAQ:HRZNHorizon Technology Finance Stock Price, Forecast & News

Horizon Technology Finance's stock was trading at $11.90 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HRZN shares have decreased by 8.7% and is now trading at $10.86. View which stocks have been most impacted by Coronavirus.

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.

Horizon Technology Finance is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Horizon Technology Finance.

Horizon Technology Finance Corp (NASDAQ:HRZN) issued its quarterly earnings data on Tuesday, April, 28th. The investment management company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.07. The investment management company earned $10.11 million during the quarter, compared to analysts' expectations of $11.05 million. Horizon Technology Finance had a return on equity of 12.25% and a net margin of 35.08%. View Horizon Technology Finance's earnings history.

Horizon Technology Finance announced a monthly dividend on Friday, May 1st. Investors of record on Tuesday, August 18th will be paid a dividend of $0.10 per share on Tuesday, September 15th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 11.05%. The ex-dividend date is Monday, August 17th. View Horizon Technology Finance's dividend history.

6 Wall Street analysts have issued 1-year price targets for Horizon Technology Finance's shares. Their forecasts range from $9.00 to $12.00. On average, they anticipate Horizon Technology Finance's share price to reach $10.40 in the next year. This suggests that the stock has a possible downside of 4.2%. View analysts' price targets for Horizon Technology Finance.

Media coverage about HRZN stock has been trending very negative recently, InfoTrie reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Horizon Technology Finance earned a news sentiment score of -3.4 on InfoTrie's scale. They also assigned news articles about the investment management company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutHorizon Technology Finance.

Some companies that are related to Horizon Technology Finance include BlackRock (BLK), 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), Ares Capital (ARCC), Eaton Vance (EV), Legg Mason (LM), Invesco (IVZ), Affiliated Managers Group (AMG), Cohen & Steers (CNS) and Main Street Capital (MAIN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Horizon Technology Finance investors own include Energy Transfer LP Unit (ET), ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), AT&T (T), NGL Energy Partners (NGL), Ares Capital (ARCC), New Residential Investment (NRZ), Prospect Capital (PSEC), Triplepoint Venture Growth BDC (TPVG) and Alliance Resource Partners (ARLP).

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

Horizon Technology Finance's stock is owned by a variety of retail and institutional investors. Top institutional investors include Two Sigma Advisers LP (1.15%), Virtus ETF Advisers LLC (0.76%), Two Sigma Investments LP (0.59%), BlackRock Inc. (0.46%), UBS Group AG (0.35%) and Eqis Capital Management Inc. (0.28%). 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 UBS Group AG, Two Sigma Investments LP, Virtus ETF Advisers LLC, Two Sigma Advisers LP, and Wells Fargo & Company MN. View insider buying and selling activity for Horizon Technology Finance.

HRZN stock was acquired by a variety of institutional investors in the last quarter, including Eqis Capital Management Inc., Advisor Group Holdings Inc., AXA, Parisi Gray Wealth Management, Sheaff Brock Investment Advisors LLC, Morgan Stanley, Sowell Financial Services LLC, 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 $10.86.

Horizon Technology Finance has a market capitalization of $183.10 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.