Horizon Technology Finance Corp (HRZN) Scheduled to Post Earnings on Tuesday
Horizon Technology Finance Corp (NASDAQ:HRZN) is scheduled to release its Q114 earnings data on Tuesday, June 10th. Analysts expect Horizon Technology Finance Corp to post earnings of $0.32 per share and revenue of $8.07 million for the quarter.
Horizon Technology Finance Corp (NASDAQ:HRZN) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.01. On average, analysts expect Horizon Technology Finance Corp to post $1.26 EPS for the current fiscal year and $1.37 EPS for the next fiscal year.
Horizon Technology Finance Corp (NASDAQ:HRZN) opened at 13.51 on Monday. Horizon Technology Finance Corp has a 52-week low of $12.17 and a 52-week high of $14.70. The stock’s 50-day moving average is $13.51 and its 200-day moving average is $13.79. The company has a market cap of $130.0 million and a P/E ratio of 23.40.
The company also recently declared a monthly dividend, which is scheduled for Friday, August 15th. Shareholders of record on Monday, July 21st will be given a dividend of $0.115 per share. This represents a $1.38 dividend on an annualized basis and a yield of 10.21%. The ex-dividend date of this dividend is Thursday, July 17th.
Several analysts have recently commented on the stock. Analysts at Gilford Securities downgraded shares of Horizon Technology Finance Corp from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 13th. They noted that the move was a valuation call. On the ratings front, analysts at Zacks downgraded shares of Horizon Technology Finance Corp from an “outperform” rating to a “neutral” rating in a research note on Friday, March 14th. They now have a $15.80 price target on the stock. Finally, analysts at National Securities reiterated a “buy” rating on shares of Horizon Technology Finance Corp in a research note on Thursday, March 13th. They now have a $15.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $14.46.
Horizon Technology Finance Corporation is a closed-end, non-diversified management investment company.
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