Horizon Technology FinanceHRZN
HRZN
About: 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.
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
15% more call options, than puts
Call options by funds: $1.61M | Put options by funds: $1.4M
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]
1% less capital invested
Capital invested by funds: $30.3M [Q4 2024] → $30.1M (-$204K) [Q1 2025]
0.92% less ownership
Funds ownership: 8.86% [Q4 2024] → 7.93% (-0.92%) [Q1 2025]
18% less funds holding
Funds holding: 78 [Q4 2024] → 64 (-14) [Q1 2025]
58% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 24
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$7.50
0%
upside
Avg. target
$7.88
5%
upside
High target
$8.25
10%
upside
2 analyst ratings
0 positive
0%
1 neutral
50%
1 negative
50%
UBS Vilas Abraham | 10%upside $8.25 | Neutral Maintained | 17 Apr 2025 |
Keefe, Bruyette & Woods Paul Johnson | 0%downside $7.50 | Underperform Maintained | 8 Apr 2025 |
Financial journalist opinion
Based on 4 articles about HRZN published over the past 30 days
Negative
24/7 Wall Street
2 days ago
Is 12% Too Good to Be True? Not for These Monthly Dividend Payers
In the bond world, double digit yields ordinarily equate to junk bonds with a higher than normal default risk.
Positive
24/7 Wall Street
2 days ago
These 5 Monthly ETFs Yield Over 9% — and No One Talks About Them
Business development companies and real estate investment trusts dominate high-yield monthly payers, benefiting from high interest rates in 2025, though economic downturns pose challenges.
Neutral
Business Wire
6 days ago
Horizon Technology Finance Appoints Paul Seitz as Chief Investment Officer
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or “HRZN”) (the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital and private equity backed and publicly traded companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that it has appointed Paul Seitz as its new Chief Inves.
Positive
Benzinga
1 week ago
Wall Street's Most Accurate Analysts Give Their Take On 3 Financial Stocks With Over 15% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Negative
Zacks Investment Research
1 month ago
New Strong Sell Stocks for May 16th
FBIO, AFCG and HRZN have been added to the Zacks Rank #5 (Strong Sell) List on May 16, 2025.
Neutral
Business Wire
1 month ago
Horizon Technology Finance Names Michael P. Balkin as Chief Executive Officer
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or “HRZN”) (the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital and private equity backed and publicly traded companies in the technology, life science, healthcare information and services, and sustainability industries, announced today that, as part of the Company's succession planning, Rob.
Negative
Seeking Alpha
1 month ago
2 BDCs Likely To Cut Dividends Soon
The current macro backdrop is restrictive for strong BDC sector performance. An important implication of this unfavorable environment is that many BDCs will have to sooner or later synchronize their dividend yields to portfolio asset yields (which have decreased quite a bit). In my view, we will see more and more BDC dividend cuts being announced this year.
Neutral
Seeking Alpha
1 month ago
BDC Weekly Review: Bimodal Q1 Numbers Weigh On The Sector
We take a look at the action in business development companies through the first week of May and highlight some of the key themes we are watching. BDCs fell around 1.5% this week due to a couple of weak Q1 reports, with the sector still below pre-Liberation Day levels. Despite recent dips, historically resilient BDCs are showing strong ROE figures, suggesting selective opportunities for patient investors.
Negative
Seeking Alpha
1 month ago
Horizon Technology Finance: Q1 Earnings Disappoint And Reinforce Dividend Weakness
Horizon Technology Finance's earnings continue to decline, with a 37.6% price drop over the last year, leading to a potential HRZN dividend cut in 2025. The BDC's concentrated portfolio in healthcare technology and high non-accruals weaken its ability to generate positive growth in a high interest rate environment. HRZN's NAV has consistently declined, and net investment income fails to cover distributions, suggesting an unsustainable dividend and the need for a cut.
Positive
Benzinga
1 month ago
Wall Street's Most Accurate Analysts Give Their Take On 3 Financial Stocks With Over 10% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
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