Horizon Technology Finance Corporation (HRZN)
NASDAQ: HRZN · Real-Time Price · USD
4.700
-0.120 (-2.49%)
At close: Aug 28, 2026, 4:00 PM EDT
4.720
+0.020 (0.43%)
Pre-market: Aug 31, 2026, 8:26 AM EDT

HRZN Statistics

Total Valuation

HRZN has a market cap or net worth of $315.06 million. The enterprise value is $642.51 million.

Market Cap315.06M
Enterprise Value 642.51M

Important Dates

The last earnings date was Tuesday, August 4, 2026, after market close.

Earnings Date Aug 4, 2026
Ex-Dividend Date Nov 17, 2026

Share Statistics

HRZN has 67.03 million shares outstanding. The number of shares has increased by 27.72% in one year.

Current Share Class 67.03M
Shares Outstanding 67.03M
Shares Change (YoY) +27.72%
Shares Change (QoQ) +37.32%
Owned by Insiders (%) 0.54%
Owned by Institutions (%) 11.90%
Float n/a

Valuation Ratios

The trailing PE ratio is 46.45 and the forward PE ratio is 6.53.

PE Ratio 46.45
Forward PE 6.53
PS Ratio 3.28
Forward PS 2.94
PB Ratio 0.75
P/TBV Ratio 0.75
P/FCF Ratio 2.28
P/OCF Ratio 3.10
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 126.78
EV / Sales 6.69
EV / EBITDA n/a
EV / EBIT 8.48
EV / FCF 4.65

Financial Position

The company has a current ratio of 7.45, with a Debt / Equity ratio of 0.96.

Current Ratio 7.45
Quick Ratio 7.23
Debt / Equity 0.96
Debt / EBITDA n/a
Debt / FCF 2.92
Interest Coverage 2.38

Financial Efficiency

Return on equity (ROE) is 1.45% and return on invested capital (ROIC) is 8.71%.

Return on Equity (ROE) 1.45%
Return on Assets (ROA) 6.08%
Return on Invested Capital (ROIC) 8.71%
Return on Capital Employed (ROCE) 9.24%
Weighted Average Cost of Capital (WACC) 8.01%
Revenue Per Employee n/a
Profits Per Employee n/a
Employee Count n/a
Asset Turnover 0.12
Inventory Turnover n/a

Taxes

In the past 12 months, HRZN has paid $845,000 in taxes.

Income Tax 845,000
Effective Tax Rate 14.29%

Stock Price Statistics

The stock price has decreased by -31.88% in the last 52 weeks. The beta is 0.97, so HRZN's price volatility has been similar to the market average.

Beta (5Y) 0.97
52-Week Price Change -31.88%
50-Day Moving Average 4.63
200-Day Moving Average 5.24
Relative Strength Index (RSI) 47.47
Average Volume (20 Days) 762,948

Short Selling Information

The latest short interest is 2.90 million, so 4.32% of the outstanding shares have been sold short.

Short Interest 2.90M
Short Previous Month 2.79M
Short % of Shares Out 4.32%
Short % of Float n/a
Short Ratio (days to cover) 4.32

Income Statement

In the last 12 months, HRZN had revenue of $96.11 million and earned $5.07 million in profits. Earnings per share was $0.10.

Revenue96.11M
Gross Profit 96.11M
Operating Income 75.79M
Pretax Income 5.91M
Net Income 5.07M
EBITDA n/a
EBIT 75.79M
Earnings Per Share (EPS) $0.10
Full Income Statement

Balance Sheet

The company has $75.00 million in cash and $402.44 million in debt, with a net cash position of -$327.45 million or -$4.88 per share.

Cash & Cash Equivalents 75.00M
Total Debt 402.44M
Net Cash -327.45M
Net Cash Per Share -$4.88
Equity (Book Value) 417.50M
Book Value Per Share 6.23
Working Capital 78.11M
Full Balance Sheet

Cash Flow

Operating Cash Flow 101.62M
Capital Expenditures n/a
Depreciation & Amortization n/a
Net Borrowing 5.83M
Free Cash Flow 138.04M
FCF Per Share $2.06
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 78.86% and 5.27%.

Gross Margin 100.00%
Operating Margin 78.86%
Pretax Margin 6.15%
Profit Margin 5.27%
EBITDA Margin n/a
EBIT Margin 78.86%
FCF Margin 143.63%

Dividends & Yields

This stock pays an annual dividend of $0.72, which amounts to a dividend yield of 15.32%.

Dividend Per Share $0.72
Dividend Yield 15.32%
Dividend Growth (YoY) -20.45%
Years of Dividend Growth n/a
Payout Ratio 1,037.64%
Buyback Yield -27.72%
Shareholder Yield -12.40%
Earnings Yield 1.61%
FCF Yield 43.81%
Dividend Details

Analyst Forecast

The average price target for HRZN is $5.04, which is 7.23% higher than the current price. The consensus rating is "Hold".

Price Target $5.04
Price Target Difference 7.23%
Analyst Consensus Hold
Analyst Count 6
Revenue Growth Forecast (3Y) 7.22%
EPS Growth Forecast (3Y) -12.11%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

HRZN has an Altman Z-Score of 0.45 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.45
Piotroski F-Score 5