Horizon Technology Finance (NASDAQ:HRZN) versus Nuveen Connecticut Premium Income Mun Fd (NASDAQ:NTC) Financial Comparison

Nuveen Connecticut Premium Income Mun Fd (NYSE:NTC) and Horizon Technology Finance (NASDAQ:HRZN) are both small-cap finance companies, but which is the better business? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, valuation, institutional ownership, profitability and risk.

Analyst Ratings

This is a summary of current ratings for Nuveen Connecticut Premium Income Mun Fd and Horizon Technology Finance, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nuveen Connecticut Premium Income Mun Fd 0 0 0 0 N/A
Horizon Technology Finance 2 1 1 0 1.75

Horizon Technology Finance has a consensus price target of $11.50, indicating a potential downside of 5.27%. Given Horizon Technology Finance’s higher probable upside, analysts plainly believe Horizon Technology Finance is more favorable than Nuveen Connecticut Premium Income Mun Fd.

Risk & Volatility

Nuveen Connecticut Premium Income Mun Fd has a beta of -0.01, suggesting that its stock price is 101% less volatile than the S&P 500. Comparatively, Horizon Technology Finance has a beta of 0.69, suggesting that its stock price is 31% less volatile than the S&P 500.

Dividends

Nuveen Connecticut Premium Income Mun Fd pays an annual dividend of $0.49 per share and has a dividend yield of 3.8%. Horizon Technology Finance pays an annual dividend of $1.20 per share and has a dividend yield of 9.9%.

Institutional & Insider Ownership

29.0% of Nuveen Connecticut Premium Income Mun Fd shares are owned by institutional investors. Comparatively, 10.3% of Horizon Technology Finance shares are owned by institutional investors. 1.0% of Nuveen Connecticut Premium Income Mun Fd shares are owned by company insiders. Comparatively, 1.5% of Horizon Technology Finance shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Nuveen Connecticut Premium Income Mun Fd and Horizon Technology Finance’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Nuveen Connecticut Premium Income Mun Fd N/A N/A N/A
Horizon Technology Finance 41.69% 9.94% 5.26%

Earnings and Valuation

This table compares Nuveen Connecticut Premium Income Mun Fd and Horizon Technology Finance’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Nuveen Connecticut Premium Income Mun Fd N/A N/A N/A N/A N/A
Horizon Technology Finance $31.09 million 5.29 $13.01 million N/A N/A

Horizon Technology Finance has higher revenue and earnings than Nuveen Connecticut Premium Income Mun Fd.

Summary

Horizon Technology Finance beats Nuveen Connecticut Premium Income Mun Fd on 9 of the 10 factors compared between the two stocks.

About Nuveen Connecticut Premium Income Mun Fd

Nuveen Connecticut Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of Connecticut. The fund invests into undervalued municipal securities and other related investments the income from which is exempt from regular federal and Connecticut income taxes. It seeks to invest in investment grade securities with an average maturity of around 17 years. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against Standard & Poor's (S&P) Connecticut Municipal Bond Index and Standard & Poor's (S&P) National Municipal Bond Index. The fund was formerly known as Nuveen Connecticut Premium Income Municipal Fund. Nuveen Connecticut Quality Municipal Income Fund was formed on January 12, 1993 and is domiciled in the United States.

About Horizon Technology Finance

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, and cleantech industries. It seeks to invest in companies in the United States.

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