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

Company Overview

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.

Key Stats

• Today's Range: $9.34 to $9.43
• 50-Day Range: $9.17 to $10.68
• 52-Week Range: $9.07 to $13.73
• Volume: 329,875 shs
• Average Volume: 304,535 shs
• Market Capitalization: $355.86 million
• P/E Ratio: N/A
• Dividend Yield: 14.12%
• Price Target: $9.63
• Consensus Rating: Reduce

Horizon Technology Finance Stock Analysis - MarketRank™

Horizon Technology Finance scored higher than 23% of companies evaluated by MarketBeat, and ranked 878th out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.8 / 5
• Analyst Rating: Reduce

Consensus Rating

Horizon Technology Finance has received a consensus rating of Reduce. The company's average rating score is 1.60, and is based on no buy ratings, 3 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Horizon Technology Finance has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -8.70%

Earnings Growth

Earnings for Horizon Technology Finance are expected to decrease by -8.70% in the coming year, from $1.38 to $1.26 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Horizon Technology Finance is -77.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Horizon Technology Finance is -77.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Horizon Technology Finance has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.63% of the float of Horizon Technology Finance has been sold short.

Short Interest Ratio / Days to Cover

Horizon Technology Finance has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Horizon Technology Finance has recently increased by 15.51%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Horizon Technology Finance is a leading dividend payer. It pays a dividend yield of 14.13%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Horizon Technology Finance does not have a long track record of dividend growth.

Dividend Sustainability

Based on EPS estimates, Horizon Technology Finance will have a dividend payout ratio of 104.76% in the coming year. This indicates that Horizon Technology Finance may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.63% of the float of Horizon Technology Finance has been sold short.

Short Interest Ratio / Days to Cover

Horizon Technology Finance has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Horizon Technology Finance has recently increased by 15.51%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.19

News Sentiment

Horizon Technology Finance has a news sentiment score of 1.19. 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 0.83 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Horizon Technology Finance this week, compared to 2 articles on an average week.

Search Interest

Only 13 people have searched for HRZN on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days.

MarketBeat Follows

Only 5 people have added Horizon Technology Finance to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Horizon Technology Finance insiders have bought more of their company's stock than they have sold. Specifically, they have bought $74,480.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 1.40% of the stock of Horizon Technology Finance is held by insiders.

Percentage Held by Institutions

Only 4.94% of the stock of Horizon Technology Finance is held by institutions.

HRZN Stock Analysis - Frequently Asked Questions

How have HRZN shares performed this year?

Horizon Technology Finance's stock was trading at $13.17 on January 1st, 2024. Since then, HRZN shares have decreased by 29.0% and is now trading at $9.35.
View the best growth stocks for 2024 here.

How were Horizon Technology Finance's earnings last quarter?

Horizon Technology Finance Co. (NASDAQ:HRZN) released its earnings results on Tuesday, October, 29th. The investment management company reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.35 by $0.03. The investment management company had revenue of $24.56 million for the quarter, compared to the consensus estimate of $25.38 million. Horizon Technology Finance had a positive trailing twelve-month return on equity of 15.78% and a negative net margin of 3.69%.

Who are Horizon Technology Finance's major shareholders?

Top institutional investors of Horizon Technology Finance include Green Alpha Advisors LLC (0.65%), Freedom Investment Management Inc. (0.27%), Advisors Asset Management Inc. (0.18%) and ETF Store Inc. (0.14%). Insiders that own company stock include Robert D Jr Pomeroy, Gerald A Michaud, Joseph J Savage, Edmund V Mahoney and Daniel R Trolio.
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.

What other stocks do shareholders of Horizon Technology Finance own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Horizon Technology Finance investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Enterprise Products Partners (EPD), Energy Transfer (ET), Advanced Micro Devices (AMD) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 10/29/2024
• Ex-Dividend for 12/13 Dividend: 11/15/2024
• Today: 12/03/2024
• Dividend Payable: 12/13/2024
• Ex-Dividend for 1/15 Dividend: 12/16/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/15/2025
• Next Earnings (Estimated): 2/25/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Investment offices, not elsewhere classified
• Sub-Industry: Asset Management & Custody Banks
• Current Symbol: NASDAQ:HRZN
• CUSIP: 44045A10
• CIK: 1487428
• Web: www.horizontechfinance.com
• Phone: (860) 676-8654
• Fax: 860-676-8655
• Employees: N/A
• Year Founded: 2004

Price Target and Rating

• Average Stock Price Target: $9.63
• High Stock Price Target: $10.50
• Low Stock Price Target: $9.00
• Potential Upside/Downside: +2.9%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.12)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 6.78
• P/E Growth: N/A
• Net Income: $-17,180,000.00
• Net Margins: -3.69%
• Pretax Margin: 52.05%
• Return on Equity: 15.78%
• Return on Assets: 6.58%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.15
• Quick Ratio: 0.15

Sales & Book Value

• Annual Sales: $113.47 million
• Price / Sales: 3.14
• Cash Flow: $1.90 per share
• Price / Cash Flow: 4.92
• Book Value: $9.72 per share
• Price / Book: 0.96

Miscellaneous

• Outstanding Shares: 38,060,000
• Free Float: 37,529,000
• Market Cap: $355.86 million
• Optionable: Optionable
• Beta: 1.22