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Horizon Technology Finance Corporation

Horizon Technology Finance Corporation (HRZN)

12.23
0.055
( 0.45% )
Updated: 11:13:43

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Key stats and details

Current Price
12.23
Bid
12.22
Ask
12.24
Volume
45,010
12.15 Day's Range 12.24
10.7501 52 Week Range 13.7277
Market Cap
Previous Close
12.175
Open
12.18
Last Trade
1
@
12.24
Last Trade Time
11:15:26
Financial Volume
$ 549,241
VWAP
12.2026
Average Volume (3m)
225,620
Shares Outstanding
35,020,774
Dividend Yield
8.09%
PE Ratio
-24.80
Earnings Per Share (EPS)
-0.49
Revenue
-11.68M
Net Profit
-17.19M

About Horizon Technology Finance Corporation

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... 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. Show more

Sector
Investors, Nec
Industry
Investors, Nec
Headquarters
Wilmington, Delaware, USA
Founded
1970
Horizon Technology Finance Corporation is listed in the Investors sector of the NASDAQ with ticker HRZN. The last closing price for Horizon Technology Finance was $12.18. Over the last year, Horizon Technology Finance shares have traded in a share price range of $ 10.7501 to $ 13.7277.

Horizon Technology Finance currently has 35,020,774 shares outstanding. The market capitalization of Horizon Technology Finance is $426.38 million. Horizon Technology Finance has a price to earnings ratio (PE ratio) of -24.80.

HRZN Latest News

Horizon Technology Finance to Announce Second Quarter 2024 Financial Results

Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of...

Horizon Technology Finance Provides Second Quarter 2024 Portfolio Update

- HRZN Originates $11.5 Million of New Loans in Q2 - - HRZN Ends Quarter with Committed Backlog of $138 Million - Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”), an affiliate...

Horizon Technology Finance Enhances Capital Resources and Increases Capacity via New $100 Million Credit Facility

Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of...

Horizon Technology Finance Announces Monthly Distributions for July, August and September 2024 Totaling $0.33 per Share

Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of...

Horizon Technology Finance Announces First Quarter 2024 Financial Results

- First Quarter 2024 Net Investment Income per Share of $0.38; NAV per Share of $9.64 - - Debt Portfolio Yield of 15.6% - - HRZN Ends Quarter with Committed Backlog of $168 Million - - Declares...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.14-1.1317704122912.3712.4512.079219155612.19378064CS
40.433.6440677966111.812.6311.791221409912.25750001CS
120.443.7319762510611.7912.6311.4522562011.94572646CS
26-0.99-7.4886535552213.2213.4211.125132911.90816007CS
52-0.75-5.778120184912.9813.727710.750123873712.12237465CS
156-4.99-28.977932636517.2219.089.6720714912.7133457CS
2600.151.241721854312.0819.084.5119283912.63010156CS

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HRZN Discussion

View Posts
ttubular ttubular 1 year ago
I got a letter to call horizon did anyone else get the letter?
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pappi pappi 4 years ago
Been steadily adding over the year, curious this'll be but the fourth post on stock in 2020. Maybe more excitement upside next year.

-p
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ttubular ttubular 4 years ago
I just read through their latest earnings transcript they say the dividend is going to be paid through June very good news they also said they really don’t have real exposed risk from from the Coronavirus they said maybe some of their companies they invest in may have supply parts issues but so far don’t see that as yet. So y so weak today?
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ttubular ttubular 4 years ago
Y is hrzn so weak today Dow up over 500
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Greenstreamfan Greenstreamfan 4 years ago
Still going sideways. At least the dividend is good.
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Greenstreamfan Greenstreamfan 5 years ago
Horizon dividend payment schedule

https://www.nasdaq.com/market-activity/stocks/hrzn/dividend-history
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Greenstreamfan Greenstreamfan 5 years ago
Conference call transcript

https://finance.yahoo.com/news/edited-transcript-hrzn-earnings-conference-105127755.html
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Greenstreamfan Greenstreamfan 5 years ago
Consistent dividend payer does it again

https://apnews.com/PR%20Newswire/08c1e53464d8298935ae5d3caddaf577
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Greenstreamfan Greenstreamfan 5 years ago
HRZN reported third-quarter net income $5.2 million.

https://apnews.com/7d90ef52fa82dd357b1bee4035227fe8
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Greenstreamfan Greenstreamfan 5 years ago
Horizon Technology Finance

https://horizontechfinance.com/
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Greenstreamfan Greenstreamfan 5 years ago
Portfolio update. Great dividend play. Paying monthly.

https://seekingalpha.com/news/3504894-horizon-technology-finance-provides-3q19-portfolio-update
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Greenstreamfan Greenstreamfan 5 years ago
The dividend here is what got me invested.

https://seekingalpha.com/news/3483927-
horizon-technology-finance-declares-0_10-dividend
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Greenstreamfan Greenstreamfan 5 years ago
Horizon issued $100M in secured notes August 2019

https://www.prnewswire.com/news-releases/horizon-technology-finance-announces-completion-of-160-million-loan-securitization-300900990.html
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Greenstreamfan Greenstreamfan 5 years ago
Third quarter 2019

https://finance.yahoo.com/news/horizon-technology-finance-announce-third-201500611.html
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honey/pot honey/pot 9 years ago
Horizon funded seven new loans in the fourth quarter of 2015 totaling $18.5 million, and 37 new loans totaling $123 million for the year.
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Northsun0 Northsun0 9 years ago

Horizon Technology Finance Provides Investment Portfolio Update
Wed January 13, 2016 4:15 PM|GlobeNewswire | About: HRZN


Achieves Over 20% Portfolio Growth With 2015 Loan Originations Exceeding $123 Million

98% of Loans Funded in 2015 at Floating Rates; Portfolio Well Positioned to Benefit From Rising Rates

Warrant and Equity Positions in 89 Portfolio Companies

FARMINGTON, Conn., Jan. 13, 2016 (GLOBE NEWSWIRE) -- Horizon Technology Finance Corporation (NASDAQ:HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services and cleantech industries, today provided a portfolio update for the fourth quarter and year ended December 31, 2015.

During the fourth quarter, we continued to successfully execute our core investment strategy of directly originating high quality floating rate growth capital loans, said Gerald A. Michaud, President of Horizon. We funded seven new floating rate loans, further enhancing our ability to generate strong returns and to operate in a rising rate environment. Complementing this success, we continued to experience positive liquidity events from our existing portfolio of loans, equity and warrants.

New Loans Funded

Horizon funded seven new loans in the fourth quarter of 2015 totaling $18.5 million, and 37 new loans totaling $123 million for the year. Horizon funded the following loans in the fourth quarter:
•$4.0 million to an existing portfolio company, a provider of technology-enabled signal detection solutions in global clinical trials of treatments for central nervous system disorders.
•$4.0 million to a new portfolio company, Skyword Inc., a leading content marketing software and services company.
•$3.0 million to a new portfolio company, Digital Signal Corporation, a leader in human identification and identity management solutions.
•$2.5 million to an existing portfolio company, NinePoint Medical, Inc., a developer of medical devices for advanced optical imaging.
•$2.5 million to an existing portfolio company, The NanoSteel Company, Inc., a leader in nano-structured steel materials design.
•$1.5 million to an existing portfolio company, a services and software solution provider that helps districts and schools develop and implement personalized learning strategies.
•$1.0 million to an existing portfolio company, Bridge2 Solutions, Inc., a leading provider of marketing and fulfillment solutions for enterprise loyalty rewards programs.

Liquidity Events

During the quarter ended December 31, 2015, Horizon experienced liquidity events from three portfolio companies, increasing the total number of portfolio companies with liquidity events to 17 for the year. Liquidity events for Horizon may consist of the sale of warrants or equity in portfolio companies, loan prepayments, sale of owned assets or receipt of success fees.

In October, IT Professional Solutions, Inc. prepaid the outstanding principal balance of $1.8 million on its venture loan, plus interest. Horizon also received a success fee of $325,000 as a result of the successful sale of IT Professional Solutions during the fourth quarter.

In November, Horizon terminated warrants upon the sale of NexPlanar Corporation in consideration for gross proceeds of approximately $130,000.

In December, Lotame Solutions, Inc. (Lotame) prepaid the outstanding principal balance of $6.3 million on its venture loan, plus interest, end-of-term payment and prepayment fee. Horizon continues to hold warrants in Lotame.

Refinanced Principal Balances, Early Principal Payoffs, and Principal Payments Received

As noted above, Horizon experienced early pay-offs during the fourth quarter of 2015 totaling $8.0 million, compared to early pay-offs totaling $16.4 million during the third quarter of 2015. During the fourth quarter of 2015, Horizon received regularly scheduled principal payments on investments totaling $7.9 million compared to regularly scheduled principal payments totaling $5.8 million during the third quarter of 2015.

Commitments

During the quarter ended December 31, 2015, Horizon closed new loan commitments totaling $12.0 million to three companies, compared to the quarter ended September 30, 2015, wherein Horizon closed new loan commitments totaling $28.0 million to five companies.

Pipeline

As of December 31, 2015, Horizon's unfunded loan approvals and commitments (Committed Backlog), all priced at floating interest rates, were $18.5 million to seven companies, compared to a Committed Backlog of $22.5 million to nine companies as of September 30, 2015. While Horizon's portfolio companies have discretion whether to draw down such commitments, the right of a portfolio company to draw down its commitment is often subject to achievement of specific milestones and other conditions to borrowing.

Warrant and Equity Portfolio and IPO Activity

As of December 31, 2015, Horizon held a portfolio of warrant and equity positions in 89 portfolio companies, including 76 private companies, which provides the potential for future additional returns to Horizons shareholders.

On November 12, 2015, Xtera Communications, Inc. (NASDAQ:XCOM), a portfolio company, completed its initial public offering.

About Horizon Technology Finance (HRZN)

Horizon Technology Finance Corporation is a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies within the technology, life science, healthcare information and services, and cleantech industries. The investment objective of Horizon is to maximize total returns by generating current income from a portfolio of directly originated secured loans as well as capital appreciation from warrants that it receives when making such loans. Headquartered in Farmington, Connecticut, Horizon has regional offices in Walnut Creek, California and Reston, Virginia. Horizon's common stock trades on the NASDAQ Global Select Market under the ticker symbol "HRZN". To learn more, please visit http://www.horizontechnologyfinancecorp.com.

Forward-Looking Statements

Statements included herein may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. Horizon undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

Contact:
Horizon Technology Finance Corporation
Christopher M. Mathieu
Chief Financial Officer
(860) 676-8653
chris@horizontechfinance.com

Investor Relations and Media Contacts:
The IGB Group
Leon Berman
(212) 477-8438
lberman@igbir.com


Source: Horizon Technology Finance Corporation 2016 GlobeNewswire, Inc.

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honey/pot honey/pot 9 years ago
They pay a nice dividend so they must be making money
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Princess17 Princess17 9 years ago
I Like this ticker....you can PM me with info if you have some
Thanks
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Penny Roger$ Penny Roger$ 12 years ago
~ Monday! $HRZN ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $HRZN ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=HRZN&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=HRZN&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=HRZN
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=HRZN#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=HRZN+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=HRZN
Finviz: http://finviz.com/quote.ashx?t=HRZN
~ BusyStock: http://busystock.com/i.php?s=HRZN&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=HRZN >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
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