Horizon Technology Finance Corporation (HRZN) Receiving Somewhat Positive News Coverage, Report Shows

Press coverage about Horizon Technology Finance Corporation (NASDAQ:HRZN) has trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Horizon Technology Finance Corporation earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media headlines about the investment management company an impact score of 45.4823416424822 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Several analysts have recently weighed in on HRZN shares. Zacks Investment Research upgraded Horizon Technology Finance Corporation from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Maxim Group reiterated a “hold” rating on shares of Horizon Technology Finance Corporation in a research note on Wednesday, August 2nd. TheStreet upgraded Horizon Technology Finance Corporation from a “c” rating to a “b-” rating in a research note on Wednesday, November 1st. National Securities restated a “sell” rating and set a $10.00 target price on shares of Horizon Technology Finance Corporation in a research note on Thursday, November 2nd. Finally, ValuEngine downgraded Horizon Technology Finance Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. Horizon Technology Finance Corporation presently has an average rating of “Hold” and a consensus target price of $10.75.

Horizon Technology Finance Corporation (HRZN) opened at $11.03 on Friday. Horizon Technology Finance Corporation has a 12-month low of $9.66 and a 12-month high of $11.75. The company has a market capitalization of $127.16, a price-to-earnings ratio of 9.28, a price-to-earnings-growth ratio of 1.97 and a beta of 0.85.

Horizon Technology Finance Corporation (NASDAQ:HRZN) last posted its quarterly earnings results on Tuesday, October 31st. The investment management company reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.04. The business had revenue of $6.77 million for the quarter, compared to analyst estimates of $6.39 million. Horizon Technology Finance Corporation had a return on equity of 9.96% and a net margin of 24.46%. equities analysts expect that Horizon Technology Finance Corporation will post 1.12 EPS for the current year.

The firm also recently announced a monthly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Monday, January 22nd will be issued a dividend of $0.10 per share. The ex-dividend date is Friday, January 19th. This represents a $1.20 annualized dividend and a yield of 10.88%. Horizon Technology Finance Corporation’s dividend payout ratio is presently 210.53%.

WARNING: “Horizon Technology Finance Corporation (HRZN) Receiving Somewhat Positive News Coverage, Report Shows” was posted by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States & international copyright law. The correct version of this report can be accessed at https://stocknewstimes.com/2017/11/11/horizon-technology-finance-corporation-hrzn-receiving-somewhat-positive-press-coverage-study-shows.html.

Horizon Technology Finance Corporation Company Profile

Horizon Technology Finance Corporation is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objective is to maximize 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.

Insider Buying and Selling by Quarter for Horizon Technology Finance Corporation (NASDAQ:HRZN)

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

Latest News

Leave a Reply