Equities research analysts predict that Horizon Technology Finance Co. NASDAQ:HRZN – Get Rating will report earnings of $. per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Horizon Technology Finance’s earnings. Horizon Technology Finance reported earnings of $. per share in the same quarter last year, which would indicate a negative year over year growth rate of .%. The firm is expected to issue its next quarterly earnings results on Monday, January st.
On average, analysts expect that Horizon Technology Finance will report full-year earnings of $. per share for the current year, with EPS estimates ranging from $. to $.. For the next year, analysts anticipate that the business will post earnings of $. per share, with EPS estimates ranging from $. to $.. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Horizon Technology Finance.
Horizon Technology Finance NASDAQ:HRZN – Get Rating last posted its quarterly earnings data on Tuesday, March st. The investment management company reported $. earnings per share for the quarter, topping the consensus estimate of $. by $.. The company had revenue of $. million during the quarter, compared to analysts’ expectations of $. million. Horizon Technology Finance had a return on equity of .% and a net margin of .%.
Several research firms recently issued reports on HRZN. StockNewsm began coverage on Horizon Technology Finance in a report on Thursday, March st. They set a “sell” rating on the stock. Zacks Investment Research lowered Horizon Technology Finance from a “buy” rating to a “hold” rating in a report on Friday, March th.
Shares of HRZN stock traded down $. on Monday, hitting $.. , shares of the stock were exchanged, compared to its average volume of ,. The stock has a market cap of $. million, a price-to-earnings ratio of . and a beta of .. The business has a -day moving average of $.. Horizon Technology Finance has a fifty-two week low of $. and a fifty-two week high of $..
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, June th. Shareholders of record on Wednesday, May th will be paid a $. dividend. The ex-dividend date is Tuesday, May th. This represents a $. annualized dividend and a yield of .%. Horizon Technology Finance’s dividend payout ratio is .%.
Large investors have recently added to or reduced their stakes in the business. Millennium Management LLC bought a new position in shares of Horizon Technology Finance during the fourth quarter worth approximately $,,. Marshall Wace LLP bought a new position in shares of Horizon Technology Finance during the fourth quarter worth approximately $,. Shelton Capital Management increased its stake in shares of Horizon Technology Finance by .% during the third quarter. Shelton Capital Management now owns , shares of the investment management company’s stock worth $,, after purchasing an additional , shares during the period. ETF Store . bought a new position in shares of Horizon Technology Finance during the fourth quarter worth approximately $,. Finally, Invesco Ltd. increased its stake in shares of Horizon Technology Finance by .% during the third quarter. Invesco Ltd. now owns , shares of the investment management company’s stock worth $, after purchasing an additional , shares during the period. Hedge funds and other institutional investors own .% of the company’s stock.
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.
