Horizon Technology Finance Corp. (HRZN) to Release Quarterly Earnings on Wednesday
Horizon Technology Finance Corp. (NASDAQ:HRZN) is set to issue its Q413 quarterly earnings data on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $8.23 million for the quarter.
Horizon Technology Finance Corp. (NASDAQ:HRZN) opened at 14.60 on Tuesday. Horizon Technology Finance Corp. has a 1-year low of $12.77 and a 1-year high of $15.68. The stock has a 50-day moving average of $14.42 and a 200-day moving average of $13.88. The company has a market cap of $140.0 million and a price-to-earnings ratio of 38.73.
The company also recently announced a mar 14 dividend, which is scheduled for Monday, March 17th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.115 per share. The ex-dividend date is Wednesday, February 5th.
A number of analysts have recently weighed in on HRZN shares. Analysts at Zacks upgraded shares of Horizon Technology Finance Corp. from a “neutral” rating to an “outperform” rating in a research note on Thursday, January 30th. They now have a $15.80 price target on the stock. On a related note, analysts at Guggenheim initiated coverage on shares of Horizon Technology Finance Corp. in a research note on Friday, December 20th. They set a “buy” rating on the stock. Finally, analysts at National Securities initiated coverage on shares of Horizon Technology Finance Corp. in a research note on Monday, December 9th. They set a “buy” rating and a $16.00 price target on the stock. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $15.71.
Horizon Technology Finance Corporation is a closed-end, non-diversified management investment company.
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