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3.99 USD
EPS
-0.14
Yield
28.92%
Safety Score
42
P/B
0.61
ROE
6.74
Beta
1.09
Target Price
5.40 USD
Horizon Technology Finance Corp logo

Horizon Technology Finance Corp

🧾 Earnings Recap – Q1 2026

Horizon Technology Finance’s +6.6% stock reaction reflects investor approval of its growing portfolio and strong yield performance, driven by successful deployment of merger capital and an expanding committed backlog.

  • Portfolio grew for a second consecutive quarter to nearly $700 million, with $120 million funded across five new investments.
  • Generated net investment income (NII) of $0.19 per share, exceeding monthly distributions totaling $0.09 per share (regular plus special).
  • Quarterly portfolio yield on debt investments remained elevated at 15.2%, consistent with industry-leading levels.
  • Committed and approved backlog increased to $180 million, up $26 million from Q4 2025, supporting near-term portfolio growth.
  • Announced a $10 million stock repurchase program to capitalize on dislocation between share price and net asset value.
📅
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Key Metrics
Earnings dateAug. 6, 2026
EPS-0.14
Book Value6.98
Price to Book0.61
Debt/Equity133.94
% Insiders0.738%
Growth
Revenue Growth-0.02%
Earnings Growth2.42%
Estimates
Forward P/E5.44
Forward EPS0.78
Target Mean Price5.40
Dividend
Dividend Yield28.92%
Annual dividends1.17 USD
Ex-Div. DateAug. 17, 2026
Payout255.38%
5y avg Yield10.39%

DCF Valuation

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DCF Result

Fair Value (DCF)
Current Price
Upside
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Terminal PV
Σ PV of FCFs
Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

Horizon Technology Finance Corp Logo Horizon Technology Finance Corp Analysis (HRZN)

United States Financials Official Website Stock

Is Horizon Technology Finance Corp a good investment? Horizon Technology Finance Corp (HRZN) is currently trading at 3.99 USD. Market analysts have a consensus price target of 5.40 USD. This suggests a potential upside from current levels.

Earnings Schedule: Horizon Technology Finance Corp is expected to release its next earnings report on Aug. 6, 2026. The market consensus estimate for Forward EPS is 0.78.

For income investors, Horizon Technology Finance Corp pays a dividend yield of 28.92%. With a payout ratio of 255%, the dividend appears to be under pressure.

Investor FAQ

Does Horizon Technology Finance Corp pay a dividend?

Yes, it pays an annual dividend of 1.17 USD (28.92% yield).

What asset class is Horizon Technology Finance Corp?

Horizon Technology Finance Corp is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

When is the next earnings date?

The next earnings date is projected to be Aug. 6, 2026. The company currently has a trailing EPS of -0.14.

Company Profile

Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments. It focuses on making secured debt and venture lending investments to venture capital backed companies in the technology, life science, healthcare information and services, cleantech and sustainability industries. It seeks to invest in companies in the United States.

Exchange Ticker
NMS (United States) HRZN
Dividend Yield

28.92% (5y avg: 10.39%)

Annual Dividends

1.17 USD

Next ex. div date

Aug. 17, 2026

Payout Ratio

255.38%

Historical Dividends
Year Total Dividends
2027 0.40 USD
2026 1.12 USD
2025 1.32 USD
2024 1.37 USD
2023 1.37 USD
2022 1.25 USD
2021 1.25 USD
2020 1.25 USD
2019 1.20 USD
2018 1.20 USD
2017 1.20 USD
2016 1.38 USD
2015 1.38 USD
2014 1.38 USD
2013 1.38 USD
2012 1.80 USD
2011 1.18 USD
2010 0.22 USD

Yearly aggregated dividends

Dividends

Horizon Technology Finance Corp
Sep 15, 2026 Upcoming
Dividend
0.09 USD
Horizon Technology Finance Corp
Aug 14, 2026 Upcoming
Dividend
0.09 USD
Horizon Technology Finance Corp
Jul 15, 2026 Upcoming
Dividend
0.09 USD
Horizon Technology Finance Corp
Jun 16, 2026 Upcoming
Dividend
0.06 USD
Horizon Technology Finance Corp
May 15, 2026 Paid
Dividend
0.06 USD
Horizon Technology Finance Corp
Apr 15, 2026 Paid
Dividend
0.06 USD
Horizon Technology Finance Corp
Mar 13, 2026 Paid
Dividend
0.11 USD
Horizon Technology Finance Corp
Feb 13, 2026 Paid
Dividend
0.11 USD
Horizon Technology Finance Corp
Jan 15, 2026 Paid
Dividend
0.11 USD
Horizon Technology Finance Corp
Dec 16, 2025 Paid
Dividend
0.11 USD
Horizon Technology Finance Corp
Nov 14, 2025 Paid
Dividend
0.11 USD
Horizon Technology Finance Corp
Oct 15, 2025 Paid
Dividend
0.11 USD
Horizon Technology Finance Corp
Sep 16, 2025 Paid
Dividend
0.11 USD
Horizon Technology Finance Corp
Aug 15, 2025 Paid
Dividend
0.11 USD
Horizon Technology Finance Corp
Jul 15, 2025 Paid
Dividend
0.11 USD

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