Horizon Technology Finance Corporation (HRZN)
| Market Cap | 351.70M |
| Revenue (ttm) | 104.55M |
| Net Income (ttm) | -3.86M |
| Shares Out | 38.06M |
| EPS (ttm) | -0.11 |
| PE Ratio | n/a |
| Forward PE | 7.32 |
| Dividend | $1.32 (14.29%) |
| Ex-Dividend Date | Feb 18, 2025 |
| Volume | 249,782 |
| Open | 9.27 |
| Previous Close | 9.27 |
| Day's Range | 9.14 - 9.27 |
| 52-Week Range | 9.07 - 13.73 |
| Beta | 1.23 |
| Analysts | Sell |
| Price Target | 9.63 (+4.22%) |
| Earnings Date | Oct 29, 2024 |
About 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. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for HRZN stock is "Sell." The 12-month stock price forecast is $9.63, which is an increase of 4.22% from the latest price.
News
BDC Weekly Review: Tax-Loss Season Is Approaching
We take a look at the action in business development companies through the second week of November and highlight some of the key themes we are watching. BDCs saw a 2% aggregate return on the week; TPV...
Horizon Technology Finance Provides $10 Million Venture Loan Facility to Ursa Space Systems
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that pro...
Horizon Technology: The Level Of Speculation Has Increased After Q3
I have been covering Horizon Technology since December 2023, when I issued my first bearish thesis, indicating the risks are too high and the yield does not justify them. Since then, HRZN has underper...
Horizon Technology Finance (HRZN) Q3 2024 Earnings Call Transcript
Horizon Technology Finance (NASDAQ:HRZN) Q3 2024 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants Megan Bacon - Director, Investor Relations and Marketing Robert Pomeroy - Ch...
Horizon Technology Finance Announces Monthly Distributions for January, February and March 2025 Totaling $0.33 per Share
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that prov...
Horizon Technology Finance Announces Third Quarter 2024 Financial Results
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that pro...
Horizon Technology Finance to Announce Third Quarter 2024 Financial Results
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that prov...
Horizon Technology Finance Provides Third Quarter 2024 Portfolio Update
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“HRZN” or “Horizon”), an affiliate of Monroe Capital, and a leading specialty finance company that provides c...
GT Medical Technologies, Inc. Secures $35 Million Venture Loan Facility from Horizon Technology Finance
TEMPE, Ariz. , Sept. 12, 2024 /PRNewswire/ -- GT Medical Technologies, Inc. ("GT MedTech" or the "Company"), a medical device company with a corporate purpose of improving the lives of patients with b...
Horizon Technology Finance Provides $35 Million Venture Loan Facility to GT Medical Technologies
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that pro...
Horizon Technology Finance Provides $35 Million Venture Loan Facility to Vesta Healthcare
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that pro...
2 BDCs That Improved And 2 That Got Worse After Q2 Earnings
The recent BDC market dynamics indicate that quality will play an important role over the foreseeable future. Looking at the recent quarterly earnings data that have been published by many BDCs, we ca...
Horizon Technology Finance Management Announces Executive Promotions
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Management LLC ("Horizon" or the “Company”), the manager and investment adviser for Horizon Technology Finance Corporation (NASDAQ: HRZN)...
Horizon Technology: Edging Closer To A Potential Dividend Cut
HRZN has underperformed the BDC market since my initial relatively bearish thesis back in December, 2023. After digesting Q2, 2024 earnings results, the case has gone from bad to worse. In this articl...
Horizon Technology Finance: Drop In Earnings Could Result In Distribution Cut (Rating Downgrade)
Horizon Technology Finance operates as a BDC with a dividend yield of about 12.1%, making it attractive for income investors. However, the distribution may be vulnerable. Net investment income is down...
Horizon Technology Finance (HRZN) Q2 2024 Earnings Call Transcript
Horizon Technology Finance (NASDAQ:HRZN) Q2 2024 Earnings Conference Call July 31, 2024 9:00 AM ET Company Participants Megan Bacon - Director, Investor Relations and Marketing Rob Pomeroy - Chairman...
Horizon Technology Finance Announces Monthly Distributions for October, November and December 2024 Totaling $0.33 per Share
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that prov...
Horizon Technology Finance Announces Second Quarter 2024 Financial Results
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that pro...
Horizon Technology Finance to Announce Second Quarter 2024 Financial Results
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that prov...
Horizon Technology Finance Provides Second Quarter 2024 Portfolio Update
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in ...
BDC Weekly Review: The Puzzle Of Secured Note Issuance
We take a look at the action in business development companies through the last week of June and highlight some of the key themes we are watching. BDCs were slightly up on the week but flat over the m...
Finding The Sweetspot Across The Yield Curve At 7-9% Yields
Many investors oversimplify the investment process with respect to duration by thinking about the concept on a single spectrum. They also focus overly on today's yield rather than considering reinvest...
Horizon Technology Finance Enhances Capital Resources and Increases Capacity via New $100 Million Credit Facility
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that pro...
Horizon Technology: The Risks Have Increased, While Yield Has Remained Unattractive
Horizon Technology Finance has underperformed the BDC market by 15% since December, with worsening portfolio quality and yield compression. Q1, 2024 earnings report shows continued decline in net inve...
Horizon Technology Finance: 11.4% Yield Is Safe But Proceed With Caution
Horizon Technology Finance's recent earnings show declining financials and a deteriorating risk profile, warranting caution for investors in search of higher yields. The BDC's double-digit yield is cu...