News headlines about Horizon Technology Finance (NASDAQ:HRZN) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Horizon Technology Finance earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave news articles about the investment management company an impact score of 45.5931603735243 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Horizon Technology Finance Provides Investment Portfolio Update – PR Newswire (press release) (prnewswire.com)
- Horizon Technology Finance Provides USD 15 Million Venture Loan Facility to IntelePeer (newkerala.com)
- Horizon Technology Finance Corporation (HRZN) Expected to Announce Quarterly Sales of $6.60 Million (americanbankingnews.com)
- ADAM50: How To Turn RM200 Into A Worthwhile Investment (malaysiandigest.com)
HRZN has been the subject of several recent analyst reports. ValuEngine upgraded Horizon Technology Finance from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. National Securities reaffirmed a “neutral” rating and issued a $10.00 price target on shares of Horizon Technology Finance in a report on Tuesday, October 3rd. Zacks Investment Research cut Horizon Technology Finance from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Raymond James Financial raised Horizon Technology Finance from an “underperform” rating to a “market perform” rating in a report on Thursday, November 2nd. Finally, TheStreet raised Horizon Technology Finance from a “c” rating to a “b-” rating in a report on Wednesday, November 1st. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $10.75.
Horizon Technology Finance (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 had a return on equity of 9.96% and a net margin of 24.46%. equities analysts predict that Horizon Technology Finance 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 of this dividend is Friday, January 19th. This represents a $1.20 annualized dividend and a yield of 10.74%. Horizon Technology Finance’s dividend payout ratio is presently 210.53%.
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Horizon Technology Finance 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.
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