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NASDAQ:HRZN

Horizon Technology Finance (HRZN) Stock Price, News & Analysis

$11.56
0.00 (0.00%)
(As of 05/20/2024 ET)
Today's Range
$11.55
$11.62
50-Day Range
$11.17
$11.91
52-Week Range
$10.75
$13.73
Volume
247,044 shs
Average Volume
251,828 shs
Market Capitalization
$404.83 million
P/E Ratio
N/A
Dividend Yield
11.42%
Price Target
$10.38

Horizon Technology Finance MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.60 Rating Score
Upside/​Downside
10.3% Downside
$10.38 Price Target
Short Interest
Healthy
1.71% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.21mentions of Horizon Technology Finance in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$42,960 Bought Last Quarter
Proj. Earnings Growth
-3.38%
From $1.48 to $1.43 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.53 out of 5 stars

Finance Sector

809th out of 846 stocks

Investment Offices, Not Elsewhere Classified Industry

6th out of 8 stocks

HRZN stock logo

About Horizon Technology Finance Stock (NASDAQ:HRZN)

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, cleantech and sustainability industries. It seeks to invest in companies in the United States.

HRZN Stock Price History

HRZN Stock News Headlines

Horizon Technology Finance Corporation (HRZN)
5 Ultra-Yield Dividend Stocks To Buy in April
See More Headlines
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Company Calendar

Ex-Dividend for 4/16 Dividend
3/18/2024
Dividend Payable
4/16/2024
Last Earnings
4/30/2024
Today
5/20/2024
Ex-Dividend for 7/16 Dividend
6/17/2024
Dividend Payable
7/16/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment offices, not elsewhere classified
Sub-Industry
Asset Management & Custody Banks
Current Symbol
NASDAQ:HRZN
CUSIP
44045A10
Employees
N/A
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$10.38
High Stock Price Target
$11.00
Low Stock Price Target
$10.00
Potential Upside/Downside
-10.3%
Consensus Rating
Reduce
Rating Score (0-4)
1.60
Research Coverage
5 Analysts

Profitability

Net Income
$-17,180,000.00
Pretax Margin
56.22%

Debt

Sales & Book Value

Annual Sales
$113.47 million
Cash Flow
$1.90 per share
Book Value
$9.72 per share

Miscellaneous

Free Float
34,531,000
Market Cap
$404.83 million
Optionable
Optionable
Beta
1.19

Social Links

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Key Executives

  • Mr. Robert D. Pomeroy Jr.Mr. Robert D. Pomeroy Jr. (Age 73)
    Chairman & CEO
  • Mr. Gerald A. MichaudMr. Gerald A. Michaud (Age 72)
    President & Director
  • Mr. Daniel Raffaele Trolio CPA (Age 50)
    Executive VP, CFO & Treasurer
  • Mr. Daniel Scott Devorsetz C.F.A. (Age 54)
    Executive VP, Chief Investment Officer & COO
  • Ms. Lynn D. Dombrowski (Age 38)
    Chief Accounting Officer
  • Mr. Robert R. Michaud
    Vice President of Technology
  • Ms. Megan N. Bacon
    Director of Investor Relations & Marketing
  • Mr. John C. Bombara (Age 60)
    Executive VP, General Counsel, Secretary & Chief Compliance Officer
  • Mr. Kevin T. Walsh
    Senior Managing Director of Technology - West Coast
  • Mr. Todd A. McDonald
    Senior Managing Director of Technology – Mid-Atlantic, Southeast

HRZN Stock Analysis - 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 2 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" HRZN shares.
View HRZN analyst ratings
or view top-rated stocks.

What is Horizon Technology Finance's stock price target for 2024?

5 brokers have issued 12-month price targets for Horizon Technology Finance's shares. Their HRZN share price targets range from $10.00 to $11.00. On average, they expect the company's share price to reach $10.38 in the next twelve months. This suggests that the stock has a possible downside of 10.3%.
View analysts price targets for HRZN
or view top-rated stocks among Wall Street analysts.

How have HRZN shares performed in 2024?

Horizon Technology Finance's stock was trading at $13.17 at the beginning of 2024. Since then, HRZN shares have decreased by 12.2% and is now trading at $11.56.
View the best growth stocks for 2024 here
.

When is Horizon Technology Finance's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our HRZN earnings forecast
.

How were Horizon Technology Finance's earnings last quarter?

Horizon Technology Finance Co. (NASDAQ:HRZN) announced its quarterly earnings data on Tuesday, April, 30th. The investment management company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.02. The investment management company had revenue of $26.13 million for the quarter, compared to analysts' expectations of $26.83 million. Horizon Technology Finance had a negative net margin of 12.40% and a positive trailing twelve-month return on equity of 17.98%.

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, April 26th. Stockholders of record on Monday, June 17th will be given a dividend of $0.11 per share on Tuesday, July 16th. This represents a $1.32 annualized dividend and a dividend yield of 11.42%. The ex-dividend date of this dividend is Monday, June 17th.
Read our dividend analysis for HRZN
.

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 11.42%. HRZN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
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 AXS Green Alpha ETF (NXTE).Virtus Private Credit Strategy ETF (VPC).

What other stocks do shareholders of Horizon Technology Finance own?
Who are Horizon Technology Finance's major shareholders?

Horizon Technology Finance's stock is owned by many different institutional and retail investors. Top institutional shareholders include Green Alpha Advisors LLC (0.69%), Connecticut Wealth Management LLC (0.60%), Advisors Asset Management Inc. (0.36%), ETF Store Inc. (0.14%), CANADA LIFE ASSURANCE Co (0.09%) and Virtu Financial LLC (0.06%). Insiders that own company stock include Daniel R Trolio, Edmund V Mahoney, Gerald A Michaud, Joseph J Savage and Robert D Jr Pomeroy.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HRZN) was last updated on 5/21/2024 by MarketBeat.com Staff

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