Horizon Technology Finance Stock Forecast, Price & News

Horizon Technology Finance's stock was trading at $11.90 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HRZN stock has increased by 15.5% and is now trading at $13.75.
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6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Horizon Technology Finance in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Horizon Technology Finance stock. 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.
View analyst ratings for Horizon Technology Finance or view MarketBeat's top 5 stock picks.

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 past winning trading ideas 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) posted its earnings results on Sunday, November, 8th. The investment management company reported $0.38 EPS for the quarter, topping the Zacks' consensus estimate of $0.31 by $0.07. The investment management company earned $12.33 million during the quarter, compared to analysts' expectations 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 annualized dividend and a yield of 8.73%. The ex-dividend date is Thursday, February 18th.
View Horizon Technology Finance's dividend history.

Horizon Technology Finance pays an annual dividend of $1.20 per share and currently has a dividend yield of 8.73%. HRZN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Horizon Technology Finance does not yet have a strock track record of dividend growth. The dividend payout ratio of Horizon Technology Finance is 78.95%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Horizon Technology Finance will have a dividend payout ratio of 97.56% in the coming year. This indicates that Horizon Technology Finance may not be able to sustain their current dividend.
View Horizon Technology Finance's dividend history.

6 brokers have issued 1-year price objectives for Horizon Technology Finance's shares. Their forecasts range from $9.00 to $12.00. On average, they anticipate Horizon Technology Finance's stock price to reach $10.20 in the next twelve months. This suggests that the stock has a possible downside of 25.8%.
View analysts' price targets for Horizon Technology Finance or view Wall Street analyst' top-rated stocks.

Horizon Technology Finance saw a increase in short interest in December. As of December 31st, there was short interest totaling 227,200 shares, an increase of 52.2% from the December 15th total of 149,300 shares. Based on an average trading volume of 171,600 shares, the short-interest ratio is currently 1.3 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), C3.ai (AI), Invesco (IVZ), SEI Investments (SEIC), Eaton Vance (EV), Ares Capital (ARCC), Affiliated Managers Group (AMG), Cohen & Steers (CNS) and Golub Capital BDC (GBDC).
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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."

Shares of HRZN 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.

One share of HRZN stock can currently be purchased for approximately $13.75.

Horizon Technology Finance has a market capitalization of $252.56 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]