Skip to content
Tuesday, May 24, 2022
Perabatlla Perabatlla

Another way

May 23, 2022

Bondly Finance announces strategic rebrand to Forj

May 22, 2022

Simple Enterprise Concepts To Start In Weeks!

May 22, 2022

Partner promotions at DLA Piper and more appointments news

Primary Menu
  • Business & Finance News
  • Business Learning
  • Business Relations
  • Financial Hacks
  • Investment Banking
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap
  • Home
  • Horizon Technology Finance Co. (NASDAQ:HRZN) Expected to Announce Earnings of $0.29 Per Share
Business & Finance News

Horizon Technology Finance Co. (NASDAQ:HRZN) Expected to Announce Earnings of $0.29 Per Share

March 25, 2022
Edna B. Shearer
Read Time : 5 Minutes

Horizon Technology Finance logoWall Street analysts predict that Horizon Technology Finance Co. (NASDAQ:HRZN – Get Rating) will post earnings of $0.29 per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Horizon Technology Finance’s earnings. Horizon Technology Finance reported earnings of $0.31 per share in the same quarter last year, which would indicate a negative year over year growth rate of 6.5%. The firm is scheduled to report its next quarterly earnings results on Tuesday, April 26th.

On average, analysts expect that Horizon Technology Finance will report full-year earnings of $1.36 per share for the current fiscal year, with EPS estimates ranging from $1.35 to $1.36. For the next financial year, analysts forecast that the company will post earnings of $1.44 per share, with EPS estimates ranging from $1.41 to $1.46. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that cover Horizon Technology Finance.

Horizon Technology Finance (NASDAQ:HRZN – Get Rating) last announced its quarterly earnings data on Tuesday, March 1st. The investment management company reported $0.39 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.05. The company had revenue of $16.95 million for the quarter, compared to analysts’ expectations of $14.77 million. Horizon Technology Finance had a return on equity of 12.20% and a net margin of 46.29%.

Several equities research analysts recently weighed in on the company. StockNews.com upgraded Horizon Technology Finance from a “sell” rating to a “hold” rating in a research report on Tuesday, March 15th. Zacks Investment Research cut Horizon Technology Finance from a “buy” rating to a “hold” rating in a research note on Friday, March 4th. Four research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $16.25.

Related Posts:

  • KKR Real Estate Finance (KREF) Earnings Expected to Grow: Should You Buy?

HRZN remained flat at $$13.82 on Monday. The company had a trading volume of 154,078 shares, compared to its average volume of 199,912. The firm has a market capitalization of $296.77 million, a P/E ratio of 9.94 and a beta of 1.05. Horizon Technology Finance has a fifty-two week low of $13.21 and a fifty-two week high of $19.08. The firm’s 50 day simple moving average is $15.14.

The company also recently announced a monthly dividend, which will be paid on Wednesday, June 15th. Investors of record on Wednesday, May 18th will be given a $0.10 dividend. The ex-dividend date is Tuesday, May 17th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 8.68%. Horizon Technology Finance’s dividend payout ratio is currently 86.33%.

A number of hedge funds have recently modified their holdings of the business. Millennium Management LLC purchased a new stake in shares of Horizon Technology Finance in the fourth quarter worth approximately $1,665,000. Marshall Wace LLP bought a new position in Horizon Technology Finance in the fourth quarter worth approximately $702,000. Shelton Capital Management grew its stake in Horizon Technology Finance by 8.3% in the third quarter. Shelton Capital Management now owns 325,000 shares of the investment management company’s stock worth $5,285,000 after purchasing an additional 25,000 shares in the last quarter. ETF Store Inc. bought a new position in Horizon Technology Finance in the fourth quarter worth approximately $355,000. Finally, Invesco Ltd. grew its stake in Horizon Technology Finance by 60.3% in the third quarter. Invesco Ltd. now owns 53,448 shares of the investment management company’s stock worth $869,000 after purchasing an additional 20,107 shares in the last quarter. Institutional investors and hedge funds own 9.50% of the company’s stock.

About Horizon Technology Finance (Get Rating)

Horizon Technology Finance Corp. operates as a finance company. The firm engages in the provision of capital in the form of secured loans to venture capital backed companies. It also involves in lending and investing in portfolio companies in technology, life science, healthcare information and services and cleantech industries.

See Also

Get a free copy of the Zacks research report on Horizon Technology Finance (HRZN)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Horizon Technology Finance (NASDAQ:HRZN)

Want More Great Investing Ideas?

Receive News & Ratings for Horizon Technology Finance Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Horizon Technology Finance and related companies with MarketBeat.com’s FREE daily email newsletter.

Tagged in : Amazon Business Login Amazon Business Prime Bank Of America Business Account Best Business Schools Business Attorney Near Me Business Bank Account Business Card Holder Business Card Maker Business Card Template Business Cards Near Me Business Casual Attire Business Casual Shoes Business Casual Woman Business Plan Examples Ca Business Search Ca Sos Business Search Capital One Business Credit Card Chase Business Checking Chase Business Credit Cards Chase Business Customer Service Chase Business Login Chase Business Phone Number Cheap Business Cards Citizens Business Bank Cox Business Login Digital Business Card Facebook Business Suite Finance In Business Free Business Cards Google Business Login Harvard Business School Lands End Business Massage Parlor Business Near Me Michigan Business Entity Search Mind Your Business Mind Your Own Business Ohio Business Search Risky Business Costume Skype For Business Small Business Loan Small Business Saturday 2021 Starting A Business Texas Business Entity Search Triumph Business Capital Vending Machine Business Verizon Business Customer Service Vonage Business Login Wells Fargo Business Account Yahoo Small Business Yahoo Small Business Login

Related Articles

May 14, 2022

Why Is SEARCH ENGINE OPTIMISATION Marketing Vital For Your Enterprise

March 27, 2022

London Stock Exchange Sells Wealth Back-Office Unit for $1.1 Billion | Investing News

March 28, 2022

Investment Enterprise Ideas (No Inventory Required)

Post navigation

Previous Previous post: Why You Should Market to New Movers
Next Next post: How to Start Digital Marketing for Small Business Owners

Categories

  • Business
  • Business & Finance News
  • Business Learning
  • Business Relations
  • Fashion Accessory
  • Finance
  • Financial Hacks
  • General
  • Investment Banking

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • March 2020
  • November 2018
  • January 2017

Recent Posts

  • 7 Top Skills For Operations Management
  • Is Nextbite Creating or Solving Problems for Restaurants?
  • Crooks using scams and hacks to steal money through Zelle
  • Stimulus Check Updates You Need To Know For Spring 2022
  • Equipment Finance Optimism Continues Dip for Fourth Month

citratextile.com

buy backlinks

Visit Now

computer science major

BL

LP

TL

Intellifluence Trusted Blogger
perabatlla.com All rights reserved Theme: News Base by Themematic
Friday March 25, 2022
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT