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HRZN Stock Chart & Stats
$4.31
-$0.10(-2.27%)
At close: 4:00 PM EDT
$4.31
-$0.10(-2.27%)
Day’s Range― - ―
52-Week Range$3.80 - $7.24
Previous CloseN/A
Volume392.51K
Average Volume (3M)608.60K
Market Cap
$327.80M
Enterprise Value$574.76
Total Cash (Recent Filing)$135.01M
Total Debt (Recent Filing)$402.44M
Price to Earnings (P/E)12.5
Beta0.49
Next Earnings
Nov 03, 2026EPS Estimate
0.18Next Dividend Ex-DateN/A
Dividend Yield22.62%
Share Statistics
EPS (TTM)0.40
Shares Outstanding67,033,910
10 Day Avg. Volume610,383
30 Day Avg. Volume608,595
Financial Highlights & Ratios
PEG Ratio1.69
Price to Book (P/B)0.86
Price to Sales (P/S)6.82
P/FCF Ratio4.82
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$4.88Price Target Upside13.11% Upside
Rating ConsensusHold
Number of Analyst Covering4
EPS Forecast (FY)0.69
Revenue Forecast (FY)$104.20M
Bulls Say, Bears Say
Bulls Say
Improved Profitability & Cash GenerationTrailing-twelve-month profitability and free cash flow growth are strong, indicating the business can sustainably generate cash to fund distributions, reinvestment, and deleveraging. Durable cash generation reduces reliance on external financing and supports long-term operating flexibility.
High Debt Yields And Expanded Origination CapacityPortfolio yields near the top of the BDC peer group and a growing committed backlog provide durable spread income. The Monroe merger materially expanded capital and co-investment options, enabling larger ticket originations and scale benefits that can sustainably lift earnings potential over multiple quarters.
Strong Liquidity And Proactive Capital ActionsSubstantial cash and undrawn commitments plus authorized buybacks and adviser fee waivers give management balance-sheet flexibility. This liquidity cushion and active capital allocation allow disciplined deployment into higher-yielding loans and protect distributions during funding volatility, strengthening long-term resilience.
Bears Say
Elevated LeverageConsistently high debt-to-equity amplifies earnings and NAV volatility and reduces financial flexibility during credit stress. Elevated leverage constrains the company’s ability to absorb losses, limits strategic choices, and increases the likelihood that adverse portfolio moves will pressure distributions and capital plans.
Single-Name Concentration LossesA material loss tied to one portfolio company highlights concentration and underwriting risk. Such idiosyncratic write-downs can cause outsized NAV declines, undermine risk controls, and signal potential for further concentrated credit deterioration that would persistently weigh on returns and investor confidence.
Multi-Year Earnings And Cashflow VolatilityDespite the recent rebound, multi-year swings in earnings and operating cash flow indicate unstable operating performance. Persistent volatility reduces predictability of net investment income and distributable earnings, complicating capital planning and making sustained dividend coverage less certain over the medium term.
Horizon Technology News
HRZN FAQ
What was Horizon Technology Finance’s price range in the past 12 months?
Horizon Technology Finance lowest stock price was $3.80 and its highest was $7.24 in the past 12 months.
What is Horizon Technology Finance’s market cap?
Horizon Technology Finance’s market cap is $327.80M.
When is Horizon Technology Finance’s upcoming earnings report date?
Horizon Technology Finance’s upcoming earnings report date is Nov 03, 2026 which is in 82 days.
How were Horizon Technology Finance’s earnings last quarter?
Horizon Technology Finance released its earnings results on Aug 04, 2026. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.126 by -$0.016.
Is Horizon Technology Finance overvalued?
According to Wall Street analysts Horizon Technology Finance’s price is currently Undervalued.
Does Horizon Technology Finance pay dividends?
Horizon Technology Finance pays a Notavailable dividend of $0.09 which represents an annual dividend yield of 22.62%. See more information on Horizon Technology Finance dividends here
What is Horizon Technology Finance’s EPS estimate?
Horizon Technology Finance’s EPS estimate is 0.18.
How many shares outstanding does Horizon Technology Finance have?
Horizon Technology Finance has 67,033,910 shares outstanding.
What happened to Horizon Technology Finance’s price movement after its last earnings report?
Horizon Technology Finance reported an EPS of $0.11 in its last earnings report, missing expectations of $0.126. Following the earnings report the stock price went down -3.736%.
Which hedge fund is a major shareholder of Horizon Technology Finance?
Currently, no hedge funds are holding shares in HRZN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Horizon Technology Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$4.88 (13.11% Upside)
$4.88 (13.11% Upside)
Blogger Sentiment
Bearish
HRZN Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth $629.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 1.2%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-37.53%
12-Months-Change
Fundamentals
Return on Equity
22.62%
Trailing 12-Months
Asset Growth
14.48%
Trailing 12-Months
Company Description
Horizon Technology Finance
Horizon Technology Finance Corporation operates as a business development company (BDC) with a core focus on providing financing and making equity investments in businesses in their early growth phases. The firm primarily offers secured debt and venture loans to companies that have already secured funding from venture capital firms. Its investment interests span various industries, including technology, life sciences, healthcare information and services, and clean technology. Geographically, Horizon Technology Finance Corporation directs its investments towards companies situated within the United States.
HRZN Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call balanced significant positive developments — completion of the Monroe Capital merger, increased liquidity and investment capacity, consecutive quarterly portfolio growth, strong debt yields (~14.9%) and a growing backlog — against notable challenges including a material company-specific write-down (~$39 million total), a $0.75 quarterly NAV decline, higher one-time merger expenses that compressed reported NII to $0.11 per share, and meaningful prepayments that moderated portfolio growth. Management emphasized strategic investments in underwriting and originations, confidence in the pipeline, and steps to prudently deploy capital, but losses tied to a single portfolio company and transient expense headwinds produced a mixed near-term financial picture.View all HRZN earnings summariesHRZN Stock 12 Month Forecast
Average Price Target
$4.88
▲(13.11% Upside)
Technical Analysis
Hercules Capital, Inc.
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Pennantpark Investment
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Stellus Capital
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BlackRock TCP Capital
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TriplePoint Venture Growth
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Ownership Overview
0.51% Insiders
-0.04% Mutual Funds
3.37% Other Institutional Investors
95.03% Public Companies and
Individual Investors