HRZN - Horizon Technology Finance Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
12.03
+0.04 (+0.35%)
As of 10:02AM EDT. Market open.
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Previous Close11.99
Open12.01
Bid11.97 x 800
Ask12.04 x 900
Day's Range11.97 - 12.03
52 Week Range10.05 - 13.48
Volume4,286
Avg. Volume66,950
Market Cap162.964M
Beta (3Y Monthly)0.40
PE Ratio (TTM)9.66
EPS (TTM)1.25
Earnings DateOct 28, 2019 - Nov 1, 2019
Forward Dividend & Yield1.20 (10.02%)
Ex-Dividend Date2019-09-18
1y Target Est11.17
Trade prices are not sourced from all markets
  • PR Newswire

    Horizon Technology Finance Announces Completion of $160 Million Loan Securitization

    FARMINGTON, Conn., Aug. 13, 2019 /PRNewswire/ -- Horizon Technology Finance Corporation (HRZN) ("Horizon" or the "Company"), 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 announced that Horizon Funding Trust 2019-1, a newly-formed wholly-owned subsidiary of Horizon, has issued $100 million of Notes (the "Notes") rated A+ by Morningstar, Inc. and which is backed by $160 million of secured loans originated by Horizon. KeyBanc Capital Markets served as sole Placement Agent and Initial Purchaser of the Notes, and Horizon is the Sponsor, Seller and Servicer for the transaction.

  • GuruFocus.com

    Horizon Technology Finance Corp (HRZN) CEO Robert D. Jr. Pomeroy Bought $67,681 of Shares

    CEO of Horizon Technology Finance Corp (30-Year Financial, Insider Trades) Robert D. Jr. Pomeroy (insider trades) bought 5,575 shares of HRZN on 08/07/2019 at an average price of $12.14 a share. Continue reading...

  • Thomson Reuters StreetEvents

    Edited Transcript of HRZN earnings conference call or presentation 31-Jul-19 1:00pm GMT

    Q2 2019 Horizon Technology Finance Corp Earnings Call

  • PR Newswire

    Horizon Technology Finance Announces Pricing of Loan Securitization

    FARMINGTON, Conn., Aug. 5, 2019 /PRNewswire/ -- Horizon Technology Finance Corporation (HRZN) ("Horizon" or the "Company"), 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 announced that it priced its loan securitization. The Horizon Funding Trust 2019-1 securitization is a private securitization under Rule 144A and to persons outside the United States pursuant to Regulation S under the Securities Act in which Horizon expects to sell a pool of loans with an aggregate principal balance of approximately $160 million to a securitization trust and receive proceeds from the issuance and sale of rated notes.

  • PR Newswire

    Horizon Technology Finance Announces Monthly Distributions for October, November and December 2019 Totaling $0.30 per Share

    FARMINGTON, Conn., July 30, 2019 /PRNewswire/ -- Horizon Technology Finance Corporation (HRZN) ("Horizon") (the "Company"), 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, announced today that its board of directors has declared monthly cash distributions of $0.10 per share payable in each of October, November and December 2019.  These monthly distributions, payable as set forth in the table below, total $0.30 per share.  Including the monthly distributions declared in the third quarter of 2019, Horizon has declared $12.32 per share in cumulative distributions since its 2010 initial public offering. When declaring distributions, the Horizon board of directors reviews estimates of taxable income available for distribution, which may differ from consolidated net income under generally accepted accounting principles due to (i) changes in unrealized appreciation and depreciation, (ii) temporary and permanent differences in income and expense recognition, and (iii) the amount of spillover income carried over from a given year for distribution in the following year.

  • PR Newswire

    Horizon Technology Finance Announces Second Quarter 2019 Financial Results

    - Net Investment Income per Share of $0.37 - - Fifth Consecutive Quarter of Portfolio Growth - - Debt Portfolio Yield of 16.8% - FARMINGTON, Conn. , July 30, 2019 /PRNewswire/ --   Horizon Technology Finance ...

  • PR Newswire

    Horizon Technology Finance to Announce Second Quarter 2019 Financial Results

    The Company has scheduled a conference call to discuss the results on Wednesday, July 31, 2019, at 9:00 a.m. ET. The conference call will feature remarks by Robert D. Pomeroy, Jr., Chairman and Chief Executive Officer, Gerald A. Michaud, President, and Daniel R. Trolio, Senior Vice President and Chief Financial Officer. The conference ID is 13692493.

  • PR Newswire

    Horizon Technology Finance Provides Second Quarter 2019 Portfolio Update

    - Originates $55.1 Million of New Loans - - Fifth Consecutive Quarter of Portfolio Growth - FARMINGTON, Conn. , July 10, 2019 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), ...

  • PR Newswire

    Horizon Technology Finance Provides $8 Million Venture Loan to OutboundEngine

    FARMINGTON, Conn., July 1, 2019 /PRNewswire/ -- Horizon Technology Finance Corporation (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, announced today it has provided an $8 million venture loan to OutboundEngine, Inc. ("OutboundEngine"). OutboundEngine is an all-in-one marketing software that includes a responsive website, relevant content created and sent automatically across email and social media, and hands-free social advertising on Facebook and Instagram. OutboundEngine's largest investors include Silverton Partners, S3 Ventures, Noro-Moseley Partners, Harmony Partners, and Floodgate Fund.

  • PR Newswire

    Horizon Technology Finance Provides $5 Million Venture Loan Facility to Meditrina

    FARMINGTON, Conn., May 7, 2019 /PRNewswire/ -- Horizon Technology Finance Corporation (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, announced today it has provided a $5 million venture loan facility to Meditrina, Inc. ("Meditrina"), of which $3 million has been initially funded. Meditrina is a pre-FDA cleared medical device company focused on developing fully disposable endoscopes and an office-based platform that can address multiple procedures for gynecologists. Meditrina's core management team and Board of Directors have collaborated on projects for two decades and achieved multiple successful exits in the gynecology space.  Meditrina will use proceeds for general corporate purposes.

  • Thomson Reuters StreetEvents

    Edited Transcript of HRZN earnings conference call or presentation 1-May-19 1:00pm GMT

    Q1 2019 Horizon Technology Finance Corp Earnings Call

  • Associated Press

    Horizon Technology Finance: 1Q Earnings Snapshot

    On a per-share basis, the Farmington, Connecticut-based company said it had net income of 26 cents. Earnings, adjusted for investment costs, were 28 cents per share. The investment company posted revenue ...

  • PR Newswire

    Horizon Technology Finance Announces Monthly Distributions for July, August and September 2019 Totaling $0.30 per Share

    FARMINGTON, Conn., April 30, 2019 /PRNewswire/ -- Horizon Technology Finance Corporation (HRZN) ("Horizon") (the "Company"), 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, announced today that its board of directors has declared monthly cash distributions of $0.10 per share payable in each of July, August and September 2019.  These monthly distributions, payable as set forth in the table below, total $0.30 per share.  Including the monthly distributions declared in the second quarter of 2019, Horizon has declared $12.02 per share in cumulative distributions since its 2010 initial public offering. When declaring distributions, the Horizon board of directors reviews estimates of taxable income available for distribution, which may differ from consolidated net income under generally accepted accounting principles due to (i) changes in unrealized appreciation and depreciation, (ii) temporary and permanent differences in income and expense recognition, and (iii) the amount of spillover income carried over from a given year for distribution in the following year.

  • PR Newswire

    Horizon Technology Finance Announces First Quarter 2019 Financial Results

    - Fourth Consecutive Quarter of Portfolio Growth - - Debt Portfolio Yield of 14.4% - FARMINGTON, Conn. , April 30, 2019 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon" ...

  • Thomson Reuters StreetEvents

    Edited Transcript of HRZN earnings conference call or presentation 6-Mar-19 2:00pm GMT

    Q4 2018 Horizon Technology Finance Corp Earnings Call

  • PR Newswire

    Horizon Technology Finance to Announce First Quarter 2019 Financial Results

    The Company has scheduled a conference call to discuss the results on Wednesday, May 1, 2019, at 9:00 a.m. ET. The conference call will feature remarks by Robert D. Pomeroy, Jr., Chairman and Chief Executive Officer, Gerald A. Michaud, President, and Daniel R. Trolio, Senior Vice President and Chief Financial Officer. The conference ID is 6174347.

  • PR Newswire

    Horizon Technology Finance Provides First Quarter 2019 Portfolio Update

    - Originates $40.2 Million of New Loans - - Fourth Consecutive Quarter of Portfolio Growth - - Successfully Completed $23.3 Million Capital Raise; Expands Financial Capacity - FARMINGTON, Conn. , April ...

  • PR Newswire

    Horizon Technology Finance Provides $20 Million Venture Loan Facility to Encore Dermatology

    FARMINGTON, Conn. and MALVERN, Pa., April 8, 2019 /PRNewswire/ -- Horizon Technology Finance Corporation (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, announced today it has provided a $20 million venture loan facility to Encore Dermatology, Inc. ("Encore"), of which $15 million has been initially funded. Encore is a dermatologically-focused specialty pharmaceutical company led by a management team with a strong history of acquiring and successfully marketing domestic prescription dermatology products.  Their primary concentration is with topical corticosteroids available via prescription to treat a variety of skin conditions.

  • GlobeNewswire

    Mustang Bio Announces $20 Million Venture Debt Financing Agreement with Horizon Technology Finance

    Mustang Bio, Inc. (“Mustang”) (MBIO), a clinical-stage biopharmaceutical company focused on translating today’s medical breakthroughs in cell and gene therapies into potential cures for hematologic cancers, solid tumors and rare genetic diseases, today announced that it has entered into a $20 million debt financing agreement with Horizon Technology Finance Corporation (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.

  • PR Newswire

    Horizon Technology Finance Corporation Prices Public Offering of Common Stock

    FARMINGTON, Conn., March 22, 2019 /PRNewswire/ -- Horizon Technology Finance Corporation (HRZN) (the "Company" or "Horizon") today announced that it has priced an underwritten public offering of 2,000,000 shares of its common stock at a price to the public of $12.14 per share for total gross proceeds of approximately $24,280,000, before deducting underwriting commission and discounts and estimated offering expenses. The public offering is expected to close on or about March 26, 2019, subject to the customary closing conditions. In connection with the offering, the Company has granted the underwriters for the offering a 30-day option to purchase up to an additional 300,000 shares of the Company's common stock solely to cover overallotments, if any.

  • PR Newswire

    Horizon Technology Finance Corporation Announces Offering of Common Stock

    FARMINGTON, Conn., March 21, 2019 /PRNewswire/ -- Horizon Technology Finance Corporation (HRZN) (the "Company" or "Horizon") announced today a proposed underwritten primary offering of 2,000,000 shares of its common stock. In connection with the proposed offering, the Company intends to grant the underwriters for the offering a 30-day option to purchase up to an additional 300,000 shares of the Company's common stock. The joint-lead book-running managers for the offering are Morgan Stanley & Co. LLC, UBS Securities LLC, and Janney Montgomery Scott LLC.

  • ACCESSWIRE

    Horizon Technology Finance Corporation to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / March 6, 2019 / Horizon Technology Finance Corporation (NASDAQ: HRZN ) will be discussing their earnings results in their 2018 Fourth Quarter Earnings to be held on March 6, ...

  • PR Newswire

    Horizon Technology Finance Announces Monthly Distributions for April, May and June 2019 Totaling $0.30 per Share

    FARMINGTON, Conn., March 5, 2019 /PRNewswire/ -- Horizon Technology Finance Corporation (HRZN) ("Horizon") (the "Company"), 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, announced today that its board of directors has declared monthly cash distributions of $0.10 per share payable in each of April, May and June 2019.  These monthly distributions, payable as set forth in the table below, total $0.30 per share.  Including the monthly distributions declared in the first quarter of 2019, Horizon has declared $11.72 per share in cumulative distributions since its 2010 initial public offering. When declaring distributions, the Horizon board of directors reviews estimates of taxable income available for distribution, which may differ from consolidated net income under generally accepted accounting principles due to (i) changes in unrealized appreciation and depreciation, (ii) temporary and permanent differences in income and expense recognition, and (iii) the amount of spillover income carried over from a given year for distribution in the following year.

  • PR Newswire

    Horizon Technology Finance Announces Fourth Quarter and Full Year 2018 Financial Results

    - Net Investment Income per Share of $0.34 - - NII Covers Distributions for Year - - Third Consecutive Quarter of Portfolio Growth - FARMINGTON, Conn. , March 5, 2019 /PRNewswire/ -- Horizon Technology ...

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