NASDAQ:HRZN Horizon Technology Finance - HRZN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Horizon Technology Finance Co. Please log in to your account or sign up in order to add this asset to your watchlist. $11.28 +0.04 (+0.36%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$11.25▼$11.4750-Day Range$10.74▼$12.8852-Week Range$9.67▼$14.34Volume210,876 shsAverage Volume279,320 shsMarket Capitalization$319.45 millionP/E Ratio13.27Dividend Yield11.70%Price Target$10.88 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Horizon Technology Finance MarketRank™ ForecastAnalyst RatingHold1.80 Rating ScoreUpside/Downside3.6% Downside$10.88 Price TargetShort InterestHealthy3.21% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.65Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth-5.52%From $1.63 to $1.54 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.65 out of 5 starsFinance Sector841st out of 890 stocksInvestment Offices, Not Elsewhere Classified Industry8th out of 9 stocks 0.9 Analyst's Opinion Consensus RatingHorizon Technology Finance has received a consensus rating of Hold. The company's average rating score is 1.80, and is based on no buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.88, Horizon Technology Finance has a forecasted downside of 3.6% from its current price of $11.28.Amount of Analyst CoverageHorizon Technology Finance has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.21% of the float of Horizon Technology Finance has been sold short.Short Interest Ratio / Days to CoverHorizon Technology Finance has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Horizon Technology Finance has recently increased by 31.38%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipHorizon Technology Finance is a leading dividend payer. It pays a dividend yield of 11.29%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHorizon Technology Finance has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Horizon Technology Finance is 155.29%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Horizon Technology Finance will have a dividend payout ratio of 85.71% in the coming year. This indicates that Horizon Technology Finance may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HRZN. Previous Next 3.7 News and Social Media Coverage News SentimentHorizon Technology Finance has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Horizon Technology Finance this week, compared to 1 article on an average week.Search Interest71 people have searched for HRZN on MarketBeat in the last 30 days. This is an increase of 61% compared to the previous 30 days.MarketBeat Follows19 people have added Horizon Technology Finance to their MarketBeat watchlist in the last 30 days. This is an increase of 46% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Horizon Technology Finance insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.50% of the stock of Horizon Technology Finance is held by insiders.Percentage Held by InstitutionsOnly 9.82% of the stock of Horizon Technology Finance is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Horizon Technology Finance are expected to decrease by -5.52% in the coming year, from $1.63 to $1.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Horizon Technology Finance is 13.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.18.Price to Earnings Ratio vs. SectorThe P/E ratio of Horizon Technology Finance is 13.27, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 136.58.Price to Book Value per Share RatioHorizon Technology Finance has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Horizon Technology Finance (NASDAQ:HRZN) StockHorizon Technology Finance Corp. operates as a specialty finance company, which engages in the provision of capital in the form of secured loans to venture capital backed companies. It is also involved in lending and investing in portfolio companies in technology, life science, healthcare information and services and cleantech industries. The company was founded by John C. Bombara, Daniel S. Devorsetz, Robert D. Pomeroy and Gerald A. Michaud on March 16, 2010 and is headquartered in Farmington, CT.Read More Receive HRZN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Horizon Technology Finance and its competitors with MarketBeat's FREE daily newsletter. Email Address HRZN Stock News HeadlinesApril 1, 2023 | americanbankingnews.comHorizon Technology Finance Co. (NASDAQ:HRZN) Sees Significant Growth in Short InterestMarch 27, 2023 | seekingalpha.com11.4%-Yielding Horizon Technology Finance: Monthly Pay With Upside PotentialApril 1, 2023 | Vantage Point (Ad)The Market Crash Shield is A.I.Are you using the best technology to dominate April markets? This A.I. has traders doubting their methods. Attend This Live (FREE) A.I. Market Training. March 3, 2023 | finance.yahoo.comWhat Makes Horizon Technology Finance (HRZN) a New Strong Buy StockMarch 2, 2023 | finance.yahoo.comQ4 2022 Horizon Technology Finance Corp Earnings CallMarch 1, 2023 | finance.yahoo.comHorizon Technology Finance (HRZN) Surpasses Q4 Earnings and Revenue EstimatesFebruary 23, 2023 | benzinga.comSHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Horizon Technology Finance Corporation BuyoutFebruary 23, 2023 | technews.tmcnet.comHRZN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Horizon Technology Finance Management LLC Is Fair to ShareholdersApril 1, 2023 | Vantage Point (Ad)What’s At Stake In April is ShockingThe Fed will be meeting on a topic that could change trading forever, and the decision could come as soon as the end of April. But by taking the smartest approach now, you can help shield your assets and work toward your trading goals. Time, as always, is of the essence. Click on this link to see what you need to do right away. February 23, 2023 | msn.comMonroe Capital to acquire Horizon Technology Finance ManagementFebruary 23, 2023 | finance.yahoo.comHorizon Technology Finance Corporation Announces Monroe Capital's Agreement to Acquire Horizon Technology Finance ManagementFebruary 23, 2023 | investing.comHorizon Technology Finance to Sell Finance Management to Monroe CapitalFebruary 16, 2023 | finance.yahoo.comHercules Technology (HTGC) Q4 Earnings and Revenues Beat EstimatesFebruary 14, 2023 | finance.yahoo.comHorizon Technology Finance to Announce Fourth Quarter 2022 Financial ResultsJanuary 31, 2023 | seekingalpha.comHorizon Technology Finance: You Can Get A 10.9% Yield On Your BuyJanuary 24, 2023 | finance.yahoo.com3 Ultra-High-Yield Dividend Stocks With 10%-Plus Yields That Can Make You Richer in 2023January 11, 2023 | msn.comHorizon Technology Finance originates 8% more of loans in Q4December 16, 2022 | finance.yahoo.comEvelo Biosciences Announces $45 Million Loan Agreement with Horizon Technology Finance Corporation to Refinance Existing DebtDecember 13, 2022 | seekingalpha.com12%-Yielding TriplePoint Venture: Lock In 2 Stocking StuffersNovember 29, 2022 | finance.yahoo.comHorizon Technology Finance Provides Venture Loan Facility to Groundspeed AnalyticsNovember 9, 2022 | finance.yahoo.comWill Horizon Technology Finance (HRZN) Gain on Rising Earnings Estimates?November 4, 2022 | finance.yahoo.comHorizon Technology Finance to Ring NASDAQ Closing Bell on November 8, 2022November 2, 2022 | seekingalpha.comHorizon Technology Finance Corp (HRZN) Q3 2022 Earnings Call TranscriptNovember 1, 2022 | finance.yahoo.comHorizon Technology Finance Announces Third Quarter 2022 Financial ResultsNovember 1, 2022 | finance.yahoo.comHorizon Technology Finance Announces 10% Increase in Monthly Distributions for January, February and March 2023 to a Total of $0.33 per Share and Special Distribution for December 2022 of $0.05 per ShareNovember 1, 2022 | finance.yahoo.comHorizon Technology Finance (HRZN) Tops Q3 Earnings and Revenue EstimatesOctober 18, 2022 | finance.yahoo.comHorizon Technology Finance (HRZN) Expected to Beat Earnings Estimates: Should You Buy?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive HRZN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Horizon Technology Finance and its competitors with MarketBeat's FREE daily newsletter. Email Address HRZN Company Calendar Last Earnings2/28/2023Ex-Dividend for 4/14 Dividend3/16/2023Today4/01/2023Dividend Payable4/14/2023Ex-Dividend for 5/16 Dividend4/17/2023Next Earnings (Estimated)5/02/2023Dividend Payable5/16/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Investment offices, not elsewhere classified Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNASDAQ:HRZN CUSIP44045A10 CIK1487428 Webwww.horizontechfinance.com Phone(860) 676-8654Fax860-676-8655EmployeesN/AYear Founded2004Price Target and Rating Average Stock Price Forecast$10.88 High Stock Price Forecast$12.50 Low Stock Price Forecast$10.00 Forecasted Upside/Downside-3.6%Consensus RatingHold Rating Score (0-4)1.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$0.85 Trailing P/E Ratio13.27 Forward P/E Ratio6.92 P/E GrowthN/ANet Income$21.15 million Net Margins26.71% Pretax Margin46.60% Return on Equity12.10% Return on Assets5.45% Debt Debt-to-Equity RatioN/A Current Ratio0.08 Quick Ratio0.08 Sales & Book Value Annual Sales$79.19 million Price / Sales4.03 Cash Flow$1.38 per share Price / Cash Flow8.17 Book Value$12.06 per share Price / Book0.94Miscellaneous Outstanding Shares28,320,000Free Float27,895,000Market Cap$319.45 million OptionableOptionable Beta1.17 Social Links Key ExecutivesRob PomeroyChairman & Chief Executive OfficerGerald A. MichaudPresident & DirectorDan DevorsetzExecutive VP, Chief Operating & Investment OfficerDaniel R. TrolioChief Financial Officer, Treasurer & Executive VPTodd A. McDonaldSenior Managing Director-TechnologyKey CompetitorsGladstone CapitalNASDAQ:GLADWhiteHorse FinanceNASDAQ:WHFSLR InvestmentNASDAQ:SLRCMFS Intermediate Income TrustNYSE:MINTortoise Energy InfrastructureNYSE:TYGView All CompetitorsInsiders & InstitutionsMillennium Management LLCBought 114,377 shares on 2/15/2023Ownership: 1.024%Eqis Capital Management Inc.Sold 17,403 shares on 2/15/2023Ownership: 0.626%Morgan StanleySold 9,296 shares on 2/15/2023Ownership: 0.175%Fortis Capital Advisors LLCBought 12,006 shares on 2/15/2023Ownership: 0.045%Marshall Wace LLPSold 1,214 shares on 2/14/2023Ownership: 0.502%View All Insider TransactionsView All Institutional Transactions HRZN Stock - Frequently Asked Questions Should I buy or sell Horizon Technology Finance stock right now? 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. View HRZN analyst ratings or view top-rated stocks. What is Horizon Technology Finance's stock price forecast for 2023? 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. How have HRZN shares performed in 2023? 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. View the best growth stocks for 2023 here. Are investors shorting Horizon Technology Finance? 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. When is Horizon Technology Finance's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023. View our HRZN earnings forecast. How were Horizon Technology Finance's earnings last quarter? 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%. 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, 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. What ETFs hold Horizon Technology Finance's stock? 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). Is Horizon Technology Finance a good dividend stock? 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. What other stocks do shareholders of Horizon Technology Finance own? 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). What is Horizon Technology Finance's stock symbol? Horizon Technology Finance trades on the NASDAQ under the ticker symbol "HRZN." How do I buy shares of Horizon Technology Finance? 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. Compare Top Brokerages Here. What is Horizon Technology Finance's stock price today? One share of HRZN stock can currently be purchased for approximately $11.28. How much money does Horizon Technology Finance make? 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. How can I contact Horizon Technology Finance? 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. This page (NASDAQ:HRZN) was last updated on 4/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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