FY2025 Earnings Forecast for HRZN Issued By B. Riley

Horizon Technology Finance Corporation (NASDAQ:HRZN) – Research analysts at B. Riley boosted their FY2025 earnings per share estimates for shares of Horizon Technology Finance in a research note issued to investors on Wednesday, October 29th. B. Riley analyst S. Adams now anticipates that the investment management company will earn $1.16 per share for the year, up from their previous estimate of $1.12. The consensus estimate for Horizon Technology Finance’s current full-year earnings is $1.38 per share. B. Riley also issued estimates for Horizon Technology Finance’s Q4 2025 earnings at $0.31 EPS.

Several other equities research analysts also recently issued reports on HRZN. Wall Street Zen raised Horizon Technology Finance from a “hold” rating to a “buy” rating in a research note on Saturday. UBS Group reduced their price objective on Horizon Technology Finance from $7.00 to $6.25 and set a “neutral” rating for the company in a research note on Tuesday, October 14th. Weiss Ratings reissued a “sell (d)” rating on shares of Horizon Technology Finance in a research note on Wednesday, October 8th. Finally, Maxim Group cut their price target on Horizon Technology Finance from $10.00 to $7.50 and set a “buy” rating for the company in a research note on Monday, August 11th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Horizon Technology Finance currently has a consensus rating of “Reduce” and a consensus target price of $6.95.

Horizon Technology Finance Trading Down 1.7%

Shares of Horizon Technology Finance stock opened at $6.48 on Friday. The stock has a 50-day moving average price of $6.41 and a 200 day moving average price of $7.23. The company has a market cap of $275.72 million, a P/E ratio of -9.67 and a beta of 1.00. Horizon Technology Finance has a 1 year low of $5.70 and a 1 year high of $9.99.

Horizon Technology Finance (NASDAQ:HRZN) last announced its quarterly earnings data on Tuesday, October 28th. The investment management company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.03. The firm had revenue of $26.32 million during the quarter, compared to the consensus estimate of $22.99 million. Horizon Technology Finance had a positive return on equity of 15.01% and a negative net margin of 24.19%.

Horizon Technology Finance Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, March 13th. Stockholders of record on Tuesday, February 17th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a c) dividend on an annualized basis and a dividend yield of 20.4%. Horizon Technology Finance’s dividend payout ratio (DPR) is -197.01%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. International Assets Investment Management LLC bought a new position in shares of Horizon Technology Finance in the 2nd quarter valued at approximately $411,000. N.E.W. Advisory Services LLC bought a new position in shares of Horizon Technology Finance in the 1st quarter valued at approximately $36,000. Cetera Investment Advisers raised its stake in shares of Horizon Technology Finance by 20.2% in the 1st quarter. Cetera Investment Advisers now owns 63,008 shares of the investment management company’s stock valued at $594,000 after acquiring an additional 10,603 shares in the last quarter. ETF Store Inc. raised its stake 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 acquiring an additional 7,877 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co raised its stake in shares of Horizon Technology Finance by 20.0% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 43,268 shares of the investment management company’s stock valued at $312,000 after acquiring an additional 7,197 shares in the last quarter. 4.94% of the stock is owned by institutional investors.

Horizon Technology Finance Company Profile

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.