How to buy Horizon Technology Finance Corporation stock | $17.3

Horizon Technology Finance Corporation is an asset management business based in the US. Horizon Technology Finance Corporation shares (HRZN) are listed on the NASDAQ and all prices are listed in US Dollars.

Horizon Technology Finance Corporation stock price (NASDAQ: HRZN)

Use our graph to track the performance of HRZN stocks over time.

Horizon Technology Finance Corporation shares at a glance

• Key figures

Information last updated 2021-10-18.

Latest market close	$17.30
52-week range	$10.27 - $17.58
50-day moving average	$16.75
200-day moving average	$16.78
Wall St. target price	$14.85
PE ratio	29.0741
Dividend yield	$1.2 (6.95%)
Earnings per share (TTM)	$0.59

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Is it a good time to buy Horizon Technology Finance Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Horizon Technology Finance Corporation price performance over time

Historical closes compared with the close of $17.3 from 2021-10-19

1 week (2021-10-13)	0.70%
1 month (2021-09-20)	5.62%
3 months (2021-07-20)	-1.03%
6 months (2021-04-20)	5.17%

1 year (2020-10-20)	40.02%
2 years (2019-10-18)	44.05%
3 years (2018-10-19)	50.96%
5 years (2016-10-20)	28.43%

Is Horizon Technology Finance Corporation under- or over-valued?

Valuing Horizon Technology Finance Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Horizon Technology Finance Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Horizon Technology Finance Corporation's P/E ratio

Horizon Technology Finance Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 29x. In other words, Horizon Technology Finance Corporation shares trade at around 29x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Horizon Technology Finance Corporation's PEG ratio

Horizon Technology Finance Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.07. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Horizon Technology Finance Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Horizon Technology Finance Corporation financials

Revenue TTM	$49.1 million
Operating margin TTM	66.87%
Gross profit TTM	$46 million
Return on assets TTM	4.79%
Return on equity TTM	5.59%
Profit margin	24.23%
Book value	$11.20
Market capitalisation	$351.4 million

TTM: trailing 12 months

Shorting Horizon Technology Finance Corporation shares

There are currently 463,020 Horizon Technology Finance Corporation shares held short by investors – that's known as Horizon Technology Finance Corporation's "short interest". This figure is 5.5% up from 438,733 last month.

There are a few different ways that this level of interest in shorting Horizon Technology Finance Corporation shares can be evaluated.

Horizon Technology Finance Corporation's "short interest ratio" (SIR)

Horizon Technology Finance Corporation's "short interest ratio" (SIR) is the quantity of Horizon Technology Finance Corporation shares currently shorted divided by the average quantity of Horizon Technology Finance Corporation shares traded daily (recently around 82978.494623656). Horizon Technology Finance Corporation's SIR currently stands at 5.58. In other words for every 100,000 Horizon Technology Finance Corporation shares traded daily on the market, roughly 5580 shares are currently held short.

However Horizon Technology Finance Corporation's short interest can also be evaluated against the total number of Horizon Technology Finance Corporation shares, or, against the total number of tradable Horizon Technology Finance Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Horizon Technology Finance Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Horizon Technology Finance Corporation shares in existence, roughly 20 shares are currently held short) or 0.0231% of the tradable shares (for every 100,000 tradable Horizon Technology Finance Corporation shares, roughly 23 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Horizon Technology Finance Corporation.

Find out more about how you can short Horizon Technology Finance Corporation stock.

Horizon Technology Finance Corporation share dividends

Dividend payout ratio: 34.19% of net profits

Recently Horizon Technology Finance Corporation has paid out, on average, around 34.19% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.95% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Horizon Technology Finance Corporation shareholders could enjoy a 6.95% return on their shares, in the form of dividend payments. In Horizon Technology Finance Corporation's case, that would currently equate to about $1.2 per share.

While Horizon Technology Finance Corporation's payout ratio might seem fairly standard, it's worth remembering that Horizon Technology Finance Corporation may be investing much of the rest of its net profits in future growth.

Horizon Technology Finance Corporation's most recent dividend payout was on 14 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 17 October 2021 (the "ex-dividend date").

Horizon Technology Finance Corporation share price volatility

Over the last 12 months, Horizon Technology Finance Corporation's shares have ranged in value from as little as $10.2663 up to $17.582. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Horizon Technology Finance Corporation's is 1.0746. This would suggest that Horizon Technology Finance Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Horizon Technology Finance Corporation overview

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, and cleantech industries. It seeks to invest in companies in the United States. .

Frequently asked questions

What percentage of Horizon Technology Finance Corporation is owned by insiders or institutions?
Currently 1.67% of Horizon Technology Finance Corporation shares are held by insiders and 10.214% by institutions. When does the fiscal year end for Horizon Technology Finance Corporation?
Horizon Technology Finance Corporation's fiscal year ends in December. Where is Horizon Technology Finance Corporation based?
Horizon Technology Finance Corporation's address is: 312 Farmington Avenue, Farmington, CT, United States, 06032 What is Horizon Technology Finance Corporation's ISIN number?
Horizon Technology Finance Corporation's international securities identification number is: US44045A1025 What is Horizon Technology Finance Corporation's CUSIP number?
Horizon Technology Finance Corporation's Committee on Uniform Securities Identification Procedures number is: 44045A102