Horizon Technology Finance (NASDAQ:HRZN) Now Covered by Analysts at B. Riley

B. Riley started coverage on shares of Horizon Technology Finance (NASDAQ:HRZN) in a research report released on Tuesday, Marketbeat.com reports. The firm issued a neutral rating and a $7.00 target price on the investment management company’s stock. B. Riley also issued estimates for Horizon Technology Finance’s Q2 2025 earnings at $0.28 EPS, Q3 2025 earnings at $0.27 EPS, Q4 2025 earnings at $0.29 EPS, FY2025 earnings at $1.11 EPS, Q1 2026 earnings at $0.26 EPS, Q2 2026 earnings at $0.27 EPS, Q3 2026 earnings at $0.25 EPS, Q4 2026 earnings at $0.28 EPS and FY2026 earnings at $1.06 EPS.

Other analysts have also issued reports about the stock. UBS Group cut their price target on shares of Horizon Technology Finance from $9.00 to $8.25 and set a “neutral” rating on the stock in a research note on Thursday, April 17th. StockNews.com lowered shares of Horizon Technology Finance from a “hold” rating to a “sell” rating in a research note on Thursday, February 20th. Compass Point cut shares of Horizon Technology Finance from a “neutral” rating to a “sell” rating and set a $6.50 target price on the stock. in a report on Wednesday, April 30th. Keefe, Bruyette & Woods decreased their price target on shares of Horizon Technology Finance from $8.00 to $7.50 and set an “underperform” rating for the company in a research note on Tuesday, April 8th. Finally, Maxim Group dropped their price objective on shares of Horizon Technology Finance from $15.00 to $13.00 and set a “buy” rating on the stock in a research report on Monday, March 10th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $8.45.

Horizon Technology Finance Price Performance

Shares of NASDAQ:HRZN opened at $7.56 on Tuesday. The firm has a market capitalization of $305.08 million, a PE ratio of -63.00 and a beta of 1.05. The firm’s 50-day moving average is $8.48 and its two-hundred day moving average is $9.03. Horizon Technology Finance has a 1 year low of $7.12 and a 1 year high of $12.63.

Horizon Technology Finance (NASDAQ:HRZN) last issued its quarterly earnings results on Tuesday, April 29th. The investment management company reported $0.27 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.06). The business had revenue of $24.52 million for the quarter, compared to analysts’ expectations of $26.67 million. Horizon Technology Finance had a positive return on equity of 15.78% and a negative net margin of 3.69%. Analysts expect that Horizon Technology Finance will post 1.38 EPS for the current fiscal year.

Horizon Technology Finance Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Monday, August 18th will be given a $0.11 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 17.46%. The ex-dividend date of this dividend is Monday, August 18th. Horizon Technology Finance’s dividend payout ratio is presently -145.05%.

Institutional Investors Weigh In On Horizon Technology Finance

A number of large investors have recently modified their holdings of the company. Brevan Howard Capital Management LP boosted its holdings in shares of Horizon Technology Finance by 15.1% in the 4th quarter. Brevan Howard Capital Management LP now owns 16,093 shares of the investment management company’s stock valued at $145,000 after buying an additional 2,108 shares in the last quarter. N.E.W. Advisory Services LLC acquired a new position in shares of Horizon Technology Finance in the 1st quarter valued at $36,000. Quantbot Technologies LP boosted its holdings in shares of Horizon Technology Finance by 43.0% in the 4th quarter. Quantbot Technologies LP now owns 13,290 shares of the investment management company’s stock valued at $119,000 after buying an additional 3,996 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Horizon Technology Finance by 32.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 26,344 shares of the investment management company’s stock valued at $237,000 after buying an additional 6,416 shares in the last quarter. Finally, ETF Store Inc. boosted its holdings in shares of Horizon Technology Finance by 16.6% in the 1st quarter. ETF Store Inc. now owns 55,348 shares of the investment management company’s stock valued at $521,000 after buying an additional 7,877 shares in the last quarter. 4.94% of the stock is owned by hedge funds and other institutional investors.

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, cleantech and sustainability industries.