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HRZN Stock Chart & Stats
$4.77
-$0.10(-2.27%)
At close: 4:00 PM EDT
$4.77
-$0.10(-2.27%)
Day’s Range― - ―
52-Week Range$3.80 - $6.85
Previous CloseN/A
Volume392.51K
Average Volume (3M)469.82K
Market Cap
$270.82M
Enterprise Value$574.76M
Total Cash (Recent Filing)$135.01M
Total Debt (Recent Filing)$402.44M
Price to Earnings (P/E)10.1
Beta0.59
Next Earnings
Nov 03, 2026EPS Estimate
0.18Next Dividend Ex-DateN/A
Dividend Yield26.49%
Share Statistics
EPS (TTM)0.40
Shares Outstanding67,033,910
10 Day Avg. Volume538,917
30 Day Avg. Volume469,819
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 Cap2.12
Enterprise Value/Revenue5.24
Enterprise Value/Gross Profit6.75
Enterprise Value/Ebitda25.78
Forecast
1Y Price Target
$4.96Price Target Upside3.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)0.68
Revenue Forecast (FY)$100.39M
Bulls Say, Bears Say
Bulls Say
Merger Expands Capital And Origination CapacityThe completed Monroe Capital merger materially expands Horizon’s capital base and ability to pursue larger transactions. Greater partnership and co-investment capacity can strengthen origination scale, diversify future investments, and support portfolio growth over the next several quarters.
Strong Lending Yields And Visible PipelineA 14.9% portfolio yield and a growing $228 million backlog provide evidence of attractive lending economics and forward origination visibility. If transactions fund as planned, these assets can support recurring interest income and help sustain portfolio expansion.
Longer-dated Securitized FundingExtending the securitized notes’ final maturity to 2035 lengthens the company’s funding horizon and reduces the need to address those obligations in the near term. A more durable maturity profile can improve capital planning and support steadier deployment of lending capacity.
Bears Say
Persistently High LeverageDebt materially exceeds or approaches equity across the reported annual periods, leaving Horizon more exposed to credit losses, funding costs, and portfolio volatility. This leverage can constrain balance-sheet flexibility and reduce the company’s ability to absorb prolonged underperformance.
Single-name Losses And Portfolio Credit RiskThe Soli write-down shows that problems at one portfolio company can materially damage asset values and NAV. The presence of lower-rated exposures adds continuing credit risk, making underwriting outcomes and borrower liquidity important drivers of future earnings stability.
Uneven Earnings And Pressured Income CoverageThe sharp swing from losses in 2023–2025 to stronger TTM profitability demonstrates that earnings are not yet consistently durable. Recent NII pressure, including the effect of merger costs, also creates uncertainty around recurring distribution coverage and near-term profitability.
Horizon Technology News
HRZN FAQ
What was Horizon Technology’s price range in the past 12 months?
Horizon Technology lowest stock price was $3.80 and its highest was $6.85 in the past 12 months.
What is Horizon Technology’s market cap?
Horizon Technology’s market cap is $270.82M.
When is Horizon Technology’s upcoming earnings report date?
Horizon Technology’s upcoming earnings report date is Nov 03, 2026 which is in 11 days.
How were Horizon Technology’s earnings last quarter?
Horizon Technology 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 overvalued?
According to Wall Street analysts Horizon Technology’s price is currently Undervalued.
Does Horizon Technology pay dividends?
Horizon Technology pays a Monthly dividend of $0.09 which represents an annual dividend yield of 26.49%. See more information on Horizon Technology dividends here
What is Horizon Technology’s EPS estimate?
Horizon Technology’s EPS estimate is 0.18.
How many shares outstanding does Horizon Technology have?
Horizon Technology has 67,033,910 shares outstanding.
What happened to Horizon Technology’s price movement after its last earnings report?
Horizon Technology 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 -3.724%.
Which hedge fund is a major shareholder of Horizon Technology?
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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5
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7
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$4.96 (3.95% Upside)
$4.96 (3.95% Upside)
Blogger Sentiment
Bearish
HRZN Sentiment 100%
Sector Average 61%
Sector Average 61%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.0%
Last 30 Days ▼ 5.1%
Last 30 Days ▼ 5.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-16.44%
12-Months-Change
Fundamentals
Return on Equity
1.46%
Trailing 12-Months
Asset Growth
14.48%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Horizon Technology
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 Company Deck
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
$4.96
▲(3.95% 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
1.05% Other Institutional Investors
97.16% Public Companies and
Individual Investors