Prepare Yourself for Liftoff: Horizon Technology Finance Corp (HRZN)

With 0.62 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.4 million shares. During the session, the Asset Management company that operates in wider Financial sector, reached to the highest price of $9.3399 whereas the lowest price it dropped to was $9.225. The 52-week range on HRZN shows that it touched its highest point at $13.67 and its lowest point at $9.07 during that stretch. It currently has a 1-year price target of $8.96. With its current market cap of 353.60 million, HRZN has annualized dividend of $1.32 while the current yield stands at 14.19%. HRZN paid its most recent dividend on 1731628800, while the ex-dividend date for that was 1734307200. Beta for the stock currently stands at 1.22.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HRZN was up-trending over the past week, with a rise of 1.31%, but this was down by -9.81% over a month. Three-month performance dropped to -15.70% while six-month performance fell -20.46%. The stock lost -23.90% in the past year, while it has lost -29.16% so far this year. A look at the trailing 12-month EPS for HRZN yields -0.15 with Next year EPS estimates of 1.29. For the next quarter, that number is 0.33. This implies an EPS growth rate of -28.80% for this year and -8.50% for next year. EPS is expected to grow by 5.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.98%.

Float and Shares Shorts:

At present, 38.06 million HRZN shares are outstanding with a float of 37.57 million shares on hand for trading. On 2024-10-31, short shares totaled 0.85 million, which was 223.99999999999997 higher than short shares on 1727654400. In addition to Mr. Robert D. Pomeroy Jr. as the firm’s Chairman & CEO, Mr. Gerald A. Michaud serves as its President & Director.

Institutional Ownership:

Through their ownership of 0.07075 of HRZN’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HRZN since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With HRZN analysts setting a high price target of 15.0 and a low target of 8.25, the average target price over the next 12 months is 9.82143. Based on these targets, HRZN could surge 61.46% to reach the target high and fall by -11.19% to reach the target low. Reaching the average price target will result in a growth of 5.72% from current levels.

Analysts have provided yearly estimates in a range of $1.39934 being high and $1.31938 being low. For HRZN, this leads to a yearly average estimate of $1.37935. The surprise factor in the prior quarter was $0.36. Based on analyst estimates, the high estimate for the next quarter is $0.34 and the low estimate is $0.23. The average estimate for the next quarter is thus $0.31.