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Horizon Technology Finance (HRZN) Competitors

Horizon Technology Finance logo
$4.84 -0.02 (-0.41%)
As of 09/4/2026 04:00 PM Eastern

HRZN vs. MSDL, PSEC, OCSL, GSBD, and VRTS

Should you buy Horizon Technology Finance stock or one of its competitors? Horizon Technology Finance's main competitors and comparable companies include Morgan Stanley Direct Lending Fund (MSDL), Prospect Capital (PSEC), Oaktree Specialty Lending (OCSL), Goldman Sachs BDC (GSBD), and Virtus Investment Partners (VRTS). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "asset management & custody banks" industry.

How does Horizon Technology Finance compare to Morgan Stanley Direct Lending Fund?

Morgan Stanley Direct Lending Fund (NYSE:MSDL) and Horizon Technology Finance (NASDAQ:HRZN) are both small-cap finance companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, risk, profitability, dividends, valuation, media sentiment, analyst recommendations and institutional ownership.

Morgan Stanley Direct Lending Fund has a beta of 0.54, suggesting that its stock price is 46% less volatile than the broader market. Comparatively, Horizon Technology Finance has a beta of 0.99, suggesting that its stock price is 1% less volatile than the broader market.

Morgan Stanley Direct Lending Fund currently has a consensus target price of $15.50, suggesting a potential upside of 1.51%. Horizon Technology Finance has a consensus target price of $5.00, suggesting a potential upside of 3.31%. Given Horizon Technology Finance's higher possible upside, analysts plainly believe Horizon Technology Finance is more favorable than Morgan Stanley Direct Lending Fund.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Morgan Stanley Direct Lending Fund
0 Sell rating(s)
6 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.14
Horizon Technology Finance
1 Sell rating(s)
5 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Morgan Stanley Direct Lending Fund pays an annual dividend of $1.80 per share and has a dividend yield of 11.8%. Horizon Technology Finance pays an annual dividend of $0.72 per share and has a dividend yield of 14.9%. Morgan Stanley Direct Lending Fund pays out 260.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Horizon Technology Finance pays out 200.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Horizon Technology Finance is clearly the better dividend stock, given its higher yield and lower payout ratio.

Morgan Stanley Direct Lending Fund has a net margin of 15.97% compared to Horizon Technology Finance's net margin of 5.27%. Horizon Technology Finance's return on equity of 11.15% beat Morgan Stanley Direct Lending Fund's return on equity.

Company Net Margins Return on Equity Return on Assets
Morgan Stanley Direct Lending Fund15.97% 9.61% 4.28%
Horizon Technology Finance 5.27%11.15%4.84%

4.9% of Horizon Technology Finance shares are held by institutional investors. 0.3% of Morgan Stanley Direct Lending Fund shares are held by company insiders. Comparatively, 0.3% of Horizon Technology Finance shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

In the previous week, Morgan Stanley Direct Lending Fund had 1 more articles in the media than Horizon Technology Finance. MarketBeat recorded 4 mentions for Morgan Stanley Direct Lending Fund and 3 mentions for Horizon Technology Finance. Horizon Technology Finance's average media sentiment score of 0.45 beat Morgan Stanley Direct Lending Fund's score of -0.25 indicating that Horizon Technology Finance is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Morgan Stanley Direct Lending Fund
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Horizon Technology Finance
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Morgan Stanley Direct Lending Fund has higher revenue and earnings than Horizon Technology Finance. Horizon Technology Finance is trading at a lower price-to-earnings ratio than Morgan Stanley Direct Lending Fund, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Morgan Stanley Direct Lending Fund$397.29M3.23$122.09M$0.6922.13
Horizon Technology Finance$96.02M3.38-$2.66M$0.3613.44

Summary

Horizon Technology Finance beats Morgan Stanley Direct Lending Fund on 9 of the 17 factors compared between the two stocks.

How does Horizon Technology Finance compare to Prospect Capital?

Horizon Technology Finance (NASDAQ:HRZN) and Prospect Capital (NASDAQ:PSEC) are both small-cap finance companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, profitability, media sentiment, dividends, risk, valuation, earnings and institutional ownership.

Horizon Technology Finance pays an annual dividend of $0.72 per share and has a dividend yield of 14.9%. Prospect Capital pays an annual dividend of $0.42 per share and has a dividend yield of 18.8%. Horizon Technology Finance pays out 200.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Prospect Capital pays out 840.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Prospect Capital has a net margin of 19.33% compared to Horizon Technology Finance's net margin of 5.27%. Prospect Capital's return on equity of 12.15% beat Horizon Technology Finance's return on equity.

Company Net Margins Return on Equity Return on Assets
Horizon Technology Finance5.27% 11.15% 4.84%
Prospect Capital 19.33%12.15%5.54%

Prospect Capital has higher revenue and earnings than Horizon Technology Finance. Horizon Technology Finance is trading at a lower price-to-earnings ratio than Prospect Capital, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Horizon Technology Finance$96.02M3.38-$2.66M$0.3613.44
Prospect Capital$193.49M6.05$153.66M$0.0544.60

Horizon Technology Finance presently has a consensus target price of $5.00, suggesting a potential upside of 3.31%. Prospect Capital has a consensus target price of $2.00, suggesting a potential downside of 10.31%. Given Horizon Technology Finance's stronger consensus rating and higher possible upside, analysts plainly believe Horizon Technology Finance is more favorable than Prospect Capital.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Horizon Technology Finance
1 Sell rating(s)
5 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Prospect Capital
2 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

In the previous week, Prospect Capital had 1 more articles in the media than Horizon Technology Finance. MarketBeat recorded 4 mentions for Prospect Capital and 3 mentions for Horizon Technology Finance. Prospect Capital's average media sentiment score of 1.66 beat Horizon Technology Finance's score of 0.45 indicating that Prospect Capital is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Horizon Technology Finance
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Prospect Capital
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Horizon Technology Finance has a beta of 0.99, meaning that its share price is 1% less volatile than the broader market. Comparatively, Prospect Capital has a beta of 0.8, meaning that its share price is 20% less volatile than the broader market.

4.9% of Horizon Technology Finance shares are held by institutional investors. Comparatively, 9.1% of Prospect Capital shares are held by institutional investors. 0.3% of Horizon Technology Finance shares are held by insiders. Comparatively, 0.0% of Prospect Capital shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Prospect Capital beats Horizon Technology Finance on 11 of the 18 factors compared between the two stocks.

How does Horizon Technology Finance compare to Oaktree Specialty Lending?

Oaktree Specialty Lending (NASDAQ:OCSL) and Horizon Technology Finance (NASDAQ:HRZN) are both small-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, dividends, valuation, media sentiment, earnings, risk, analyst recommendations and profitability.

36.8% of Oaktree Specialty Lending shares are owned by institutional investors. Comparatively, 4.9% of Horizon Technology Finance shares are owned by institutional investors. 0.3% of Oaktree Specialty Lending shares are owned by insiders. Comparatively, 0.3% of Horizon Technology Finance shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Oaktree Specialty Lending has a beta of 0.5, suggesting that its share price is 50% less volatile than the broader market. Comparatively, Horizon Technology Finance has a beta of 0.99, suggesting that its share price is 1% less volatile than the broader market.

Oaktree Specialty Lending has higher earnings, but lower revenue than Horizon Technology Finance. Horizon Technology Finance is trading at a lower price-to-earnings ratio than Oaktree Specialty Lending, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Oaktree Specialty Lending$53.53M21.49$33.92M$0.4827.21
Horizon Technology Finance$96.02M3.38-$2.66M$0.3613.44

Oaktree Specialty Lending has a net margin of 14.45% compared to Horizon Technology Finance's net margin of 5.27%. Horizon Technology Finance's return on equity of 11.15% beat Oaktree Specialty Lending's return on equity.

Company Net Margins Return on Equity Return on Assets
Oaktree Specialty Lending14.45% 9.70% 4.64%
Horizon Technology Finance 5.27%11.15%4.84%

In the previous week, Oaktree Specialty Lending had 1 more articles in the media than Horizon Technology Finance. MarketBeat recorded 4 mentions for Oaktree Specialty Lending and 3 mentions for Horizon Technology Finance. Oaktree Specialty Lending's average media sentiment score of 1.38 beat Horizon Technology Finance's score of 0.45 indicating that Oaktree Specialty Lending is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Oaktree Specialty Lending
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Horizon Technology Finance
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Oaktree Specialty Lending currently has a consensus target price of $11.83, suggesting a potential downside of 9.39%. Horizon Technology Finance has a consensus target price of $5.00, suggesting a potential upside of 3.31%. Given Horizon Technology Finance's higher probable upside, analysts plainly believe Horizon Technology Finance is more favorable than Oaktree Specialty Lending.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Oaktree Specialty Lending
0 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Horizon Technology Finance
1 Sell rating(s)
5 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Oaktree Specialty Lending pays an annual dividend of $1.20 per share and has a dividend yield of 9.2%. Horizon Technology Finance pays an annual dividend of $0.72 per share and has a dividend yield of 14.9%. Oaktree Specialty Lending pays out 250.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Horizon Technology Finance pays out 200.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Horizon Technology Finance is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Oaktree Specialty Lending and Horizon Technology Finance tied by winning 8 of the 16 factors compared between the two stocks.

How does Horizon Technology Finance compare to Goldman Sachs BDC?

Goldman Sachs BDC (NYSE:GSBD) and Horizon Technology Finance (NASDAQ:HRZN) are both small-cap finance companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, profitability, analyst recommendations, dividends, valuation, earnings, media sentiment and risk.

Goldman Sachs BDC pays an annual dividend of $1.28 per share and has a dividend yield of 12.8%. Horizon Technology Finance pays an annual dividend of $0.72 per share and has a dividend yield of 14.9%. Goldman Sachs BDC pays out 246.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Horizon Technology Finance pays out 200.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Horizon Technology Finance is clearly the better dividend stock, given its higher yield and lower payout ratio.

Goldman Sachs BDC presently has a consensus target price of $8.75, suggesting a potential downside of 12.32%. Horizon Technology Finance has a consensus target price of $5.00, suggesting a potential upside of 3.31%. Given Horizon Technology Finance's stronger consensus rating and higher possible upside, analysts plainly believe Horizon Technology Finance is more favorable than Goldman Sachs BDC.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Goldman Sachs BDC
3 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.57
Horizon Technology Finance
1 Sell rating(s)
5 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Goldman Sachs BDC has a beta of 0.6, indicating that its share price is 40% less volatile than the broader market. Comparatively, Horizon Technology Finance has a beta of 0.99, indicating that its share price is 1% less volatile than the broader market.

Goldman Sachs BDC has higher earnings, but lower revenue than Horizon Technology Finance. Horizon Technology Finance is trading at a lower price-to-earnings ratio than Goldman Sachs BDC, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Goldman Sachs BDC$71.05M15.81$119.27M$0.5219.19
Horizon Technology Finance$96.02M3.38-$2.66M$0.3613.44

Goldman Sachs BDC has a net margin of 17.19% compared to Horizon Technology Finance's net margin of 5.27%. Horizon Technology Finance's return on equity of 11.15% beat Goldman Sachs BDC's return on equity.

Company Net Margins Return on Equity Return on Assets
Goldman Sachs BDC17.19% 11.04% 4.62%
Horizon Technology Finance 5.27%11.15%4.84%

In the previous week, Goldman Sachs BDC and Goldman Sachs BDC both had 3 articles in the media. Goldman Sachs BDC's average media sentiment score of 0.53 beat Horizon Technology Finance's score of 0.45 indicating that Goldman Sachs BDC is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Goldman Sachs BDC
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Horizon Technology Finance
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

28.7% of Goldman Sachs BDC shares are owned by institutional investors. Comparatively, 4.9% of Horizon Technology Finance shares are owned by institutional investors. 0.1% of Goldman Sachs BDC shares are owned by company insiders. Comparatively, 0.3% of Horizon Technology Finance shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Summary

Horizon Technology Finance beats Goldman Sachs BDC on 10 of the 17 factors compared between the two stocks.

How does Horizon Technology Finance compare to Virtus Investment Partners?

Virtus Investment Partners (NASDAQ:VRTS) and Horizon Technology Finance (NASDAQ:HRZN) are both small-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, earnings, valuation, risk, dividends, analyst recommendations, institutional ownership and media sentiment.

Virtus Investment Partners has a net margin of 13.42% compared to Horizon Technology Finance's net margin of 5.27%. Virtus Investment Partners' return on equity of 21.56% beat Horizon Technology Finance's return on equity.

Company Net Margins Return on Equity Return on Assets
Virtus Investment Partners13.42% 21.56% 5.27%
Horizon Technology Finance 5.27%11.15%4.84%

In the previous week, Virtus Investment Partners had 2 more articles in the media than Horizon Technology Finance. MarketBeat recorded 5 mentions for Virtus Investment Partners and 3 mentions for Horizon Technology Finance. Virtus Investment Partners' average media sentiment score of 1.66 beat Horizon Technology Finance's score of 0.45 indicating that Virtus Investment Partners is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Virtus Investment Partners
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Horizon Technology Finance
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Virtus Investment Partners presently has a consensus target price of $145.50, suggesting a potential downside of 8.59%. Horizon Technology Finance has a consensus target price of $5.00, suggesting a potential upside of 3.31%. Given Horizon Technology Finance's stronger consensus rating and higher probable upside, analysts clearly believe Horizon Technology Finance is more favorable than Virtus Investment Partners.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Virtus Investment Partners
2 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.80
Horizon Technology Finance
1 Sell rating(s)
5 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Virtus Investment Partners has a beta of 1.35, indicating that its stock price is 35% more volatile than the broader market. Comparatively, Horizon Technology Finance has a beta of 0.99, indicating that its stock price is 1% less volatile than the broader market.

Virtus Investment Partners has higher revenue and earnings than Horizon Technology Finance. Virtus Investment Partners is trading at a lower price-to-earnings ratio than Horizon Technology Finance, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Virtus Investment Partners$819.58M1.29$121.75M$17.559.07
Horizon Technology Finance$96.02M3.38-$2.66M$0.3613.44

Virtus Investment Partners pays an annual dividend of $9.80 per share and has a dividend yield of 6.2%. Horizon Technology Finance pays an annual dividend of $0.72 per share and has a dividend yield of 14.9%. Virtus Investment Partners pays out 55.8% of its earnings in the form of a dividend. Horizon Technology Finance pays out 200.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

80.5% of Virtus Investment Partners shares are held by institutional investors. Comparatively, 4.9% of Horizon Technology Finance shares are held by institutional investors. 6.4% of Virtus Investment Partners shares are held by company insiders. Comparatively, 0.3% of Horizon Technology Finance shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Virtus Investment Partners beats Horizon Technology Finance on 12 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding HRZN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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HRZN vs. The Competition

MetricHorizon Technology FinanceCapital Markets IndustryFinance SectorNASDAQ Exchange
Market Cap$325.79M$5.74B$14.30B$12.90B
Dividend Yield14.81%7.38%5.88%8.90%
P/E Ratio13.4431.6726.1925.45
Price / Sales3.381,219.68517.7179.09
Price / Cash4.7848.2139.5952.28
Price / Book0.781.982.136.17
Net Income-$2.66M$419.47M$1.32B$350.08M
7 Day Performance2.98%7.28%3.84%-0.14%
1 Month Performance10.50%0.60%1.61%1.02%
1 Year Performance-29.96%7.46%11.96%14.51%

Horizon Technology Finance Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HRZN
Horizon Technology Finance
4.0408 of 5 stars
$4.84
-0.4%
$5.00
+3.3%
-30.5%$325.79M$96.02M13.44N/A
MSDL
Morgan Stanley Direct Lending Fund
1.9875 of 5 stars
$15.37
+0.1%
$15.63
+1.7%
-15.0%$1.29B$72.45M22.27N/A
PSEC
Prospect Capital
1.9814 of 5 stars
$2.32
-0.4%
$2.00
-13.8%
-22.6%$1.22B$639.45M46.402,019
OCSL
Oaktree Specialty Lending
2.372 of 5 stars
$13.16
+1.3%
$11.83
-10.1%
-5.6%$1.14B$316.80M27.42N/A
GSBD
Goldman Sachs BDC
2.8316 of 5 stars
$10.00
+1.6%
$8.75
-12.5%
-13.1%$1.11B$365.57M19.22N/A

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This page (NASDAQ:HRZN) was last updated on 9/5/2026 by MarketBeat.com Staff.
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