Horizon Technology Finance Corporation (HRZN)
NASDAQ: HRZN · Real-Time Price · USD
4.670
-0.050 (-1.06%)
At close: Sep 18, 2026, 4:00 PM EDT
4.730
+0.060 (1.28%)
After-hours: Sep 18, 2026, 7:59 PM EDT

HRZN Statistics

Total Valuation

HRZN has a market cap or net worth of $313.05 million. The enterprise value is $640.50 million.

Market Cap313.05M
Enterprise Value 640.50M

Important Dates

The next estimated earnings date is Tuesday, October 27, 2026, after market close.

Earnings Date Oct 27, 2026
Ex-Dividend Date Oct 16, 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 (%) 11.84%
Float n/a

Valuation Ratios

The trailing PE ratio is 46.15 and the forward PE ratio is 6.53.

PE Ratio 46.15
Forward PE 6.53
PS Ratio 3.26
Forward PS 2.93
PB Ratio 0.75
P/TBV Ratio 0.75
P/FCF Ratio 5.53
P/OCF Ratio 3.08
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 126.38
EV / Sales 6.66
EV / EBITDA n/a
EV / EBIT 8.45
EV / FCF 11.31

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 7.11
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) 8.03%
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 -29.56% in the last 52 weeks. The beta is 0.98, so HRZN's price volatility has been similar to the market average.

Beta (5Y) 0.98
52-Week Price Change -29.56%
50-Day Moving Average 4.70
200-Day Moving Average 5.11
Relative Strength Index (RSI) 46.62
Average Volume (20 Days) 720,513

Short Selling Information

The latest short interest is 2.79 million, so 4.16% of the outstanding shares have been sold short.

Short Interest 2.79M
Short Previous Month 2.90M
Short % of Shares Out 4.16%
Short % of Float n/a
Short Ratio (days to cover) 3.67

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 56.63M
FCF Per Share $0.84
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 58.92%

Dividends & Yields

This stock pays an annual dividend of $0.72, which amounts to a dividend yield of 15.42%.

Dividend Per Share $0.72
Dividend Yield 15.42%
Dividend Growth (YoY) -20.45%
Years of Dividend Growth n/a
Payout Ratio 1,037.65%
FCF Payout Ratio n/a
Buyback Yield -27.72%
Shareholder Yield -12.30%
Earnings Yield 1.62%
FCF Yield 18.09%
Dividend Details

Analyst Forecast

The average price target for HRZN is $5.08, which is 8.78% higher than the current price. The consensus rating is "Hold".

Price Target $5.08
Price Target Difference 8.78%
Analyst Consensus Hold
Analyst Count 6
Revenue Growth Forecast (3Y) 7.22%
EPS Growth Forecast (3Y) -12.43%
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