Horizon Technology Finance (NASDAQ:HRZN - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.33 per share and revenue of $26.67 million for the quarter.
Horizon Technology Finance (NASDAQ:HRZN - Get Free Report) last announced its earnings results on Tuesday, March 4th. The investment management company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.06). The firm had revenue of $23.55 million for the quarter, compared to the consensus estimate of $25.69 million. Horizon Technology Finance had a negative net margin of 3.69% and a positive return on equity of 15.78%. On average, analysts expect Horizon Technology Finance to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Horizon Technology Finance Stock Performance
Shares of NASDAQ HRZN traded up $0.08 during trading on Friday, hitting $8.75. The company had a trading volume of 213,701 shares, compared to its average volume of 351,230. The company has a market cap of $352.76 million, a P/E ratio of -72.92 and a beta of 1.08. The business's 50-day moving average is $9.02 and its 200 day moving average is $9.30. Horizon Technology Finance has a 52 week low of $7.55 and a 52 week high of $12.63.
Horizon Technology Finance Cuts Dividend
The business also recently announced a dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, April 17th will be issued a dividend of $0.11 per share. This represents a dividend yield of 16.34%. The ex-dividend date of this dividend is Wednesday, April 16th. Horizon Technology Finance's dividend payout ratio is -1,100.00%.
Analyst Upgrades and Downgrades
A number of analysts have commented on the stock. Maxim Group reduced their price objective on shares of Horizon Technology Finance from $15.00 to $13.00 and set a "buy" rating for the company in a research note on Monday, March 10th. Keefe, Bruyette & Woods decreased their price objective on shares of Horizon Technology Finance from $8.00 to $7.50 and set an "underperform" rating for the company in a research note on Tuesday, April 8th. UBS Group cut their target price on shares of Horizon Technology Finance from $9.00 to $8.25 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. Finally, StockNews.com cut Horizon Technology Finance from a "hold" rating to a "sell" rating in a research report on Thursday, February 20th. Three research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, Horizon Technology Finance currently has an average rating of "Hold" and a consensus target price of $9.20.
View Our Latest Analysis on HRZN
Horizon Technology Finance Company Profile
(
Get Free Report)
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.
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