Horizon Technology Finance/$HRZN
1D1W1MYTD1Y5YMAX
Capital at risk
About Horizon Technology Finance
Horizon Technology Finance Corp is a specialty finance company. Its investment objective is to maximize its investment portfolio's total return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. It lends to and invests in development-stage companies in the technology, life science, healthcare information and services, and sustainability industries.
- Ticker
- $HRZN
- Sector
- Finance
- Primary listing
- NASDAQ
- Employees
- -
- Headquarters
- Farmington, United States
HRZN Metrics
BasicAdvanced
$310M
45.76
$0.10
0.98
$1.11
23.33%
Price and volume
Market cap
$310M
Beta
0.98
52-week high
$6.85
52-week low
$3.80
Average daily volume
665K
Dividend rate
$1.11
Financial strength
Current ratio
7.453
Quick ratio
7.232
Long term debt to equity
0.964
Total debt to equity
0.964
Dividend payout ratio (TTM)
1,040.00%
Interest coverage (TTM)
2.38%
Profitability
Gross margin (TTM)
100.00%
Net profit margin (TTM)
5.27%
Operating margin (TTM)
78.86%
Effective tax rate (TTM)
14.29%
Management effectiveness
Return on assets (TTM)
6.08%
Return on equity (TTM)
1.45%
Valuation
Price to earnings (TTM)
45.755
Price to revenue (TTM)
2.413
Price to book
0.74
Price to tangible book (TTM)
0.74
Price to free cash flow (TTM)
2.282
Free cash flow yield (TTM)
43.82%
Free cash flow per share (TTM)
2.029
Dividend yield (TTM)
23.97%
Forward dividend yield
23.33%
Growth
Revenue change (TTM)
-1.07%
Earnings per share change (TTM)
-108.30%
3-year revenue growth (CAGR)
-2.14%
10-year revenue growth (CAGR)
10.51%
3-year earnings per share growth (CAGR)
-43.44%
10-year earnings per share growth (CAGR)
-17.03%
3-year dividend per share growth (CAGR)
-3.85%
10-year dividend per share growth (CAGR)
-2.07%
Bulls say / Bears say
CEO Michael Balkin purchased 100,000 shares on June 9, 2026 for approximately $434,000, reflecting management’s confidence in the company's prospects and valuation. (Investing.com)
On May 1, 2026, the board extended the stock repurchase program through June 30, 2027, allowing up to $10 million of shares to be bought back at prices below 90% of NAV, which can support shareholder value when shares trade at a discount. (Business Wire)
Horizon funded nine loans totaling $72.7 million in Q2 2026—the third consecutive quarter of portfolio growth—demonstrating robust deal origination and deployment momentum. (Business Wire)
Net investment income per basic share fell sharply to $0.11 in Q2 2026 from $0.28 in Q2 2025, primarily due to $4.4 million of non-recurring merger expenses, raising concerns about dividend coverage and sustainability. (Business Wire)
NAV per share declined to $6.23 as of June 30, 2026 from $6.98 at March 31, 2026 and $6.75 a year earlier, driven by net unrealized depreciation of $38.5 million, which may signal portfolio valuation pressures. (Business Wire)
Under the updated credit rating scale, there were nine debt investments rated 4 or 5 as of June 30, 2026 with a combined fair value of $79.3 million, indicating a rising proportion of credit exposures with elevated risk of principal loss. (Business Wire)
Data summarised monthly by Lightyear AI. Last updated on 2 Sept 2026.
Upcoming events
HRZN News
AllArticlesVideos
Horizon Technology Finance's RoHo Joint Venture Provides up to $30 Million Loan Facility to NeoVolta
Business Wire2 weeks ago
Horizon Technology Finance Provides $15 Million Loan Facility to Bioness Medical
Business Wire4 weeks ago
Horizon Technology Finance Q2 Earnings Call Highlights
MarketBeat2 months ago
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.