Horizon Technology Finance Corporation (HRZN)

NASDAQ: HRZN · USD

$4.02

+0.11 (+2.8%)· Recorded snapshot

Market cap	269.5M
Revenue (ttm)	96.1M
Net income (ttm)	5.1M
EPS (ttm)	$0.10
Shares out	67M
P/E (trailing)	39.7x
P/E (forward)	5.6x
Dividend	$0.72 (17.91%)
Volume	308,849
Beta	0.99

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 96.1M
Net income (ttm): 5.1M
EPS (ttm): $0.10
P/E (trailing): 39.7x
P/E (forward): 5.6x
Market cap: 269.5M

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ACGL	Arch Capital Group Ltd.	34.8B	8.3x	1.8x	15.9%	+15.1%	+18.7%	Compra fuerte
AIG	American International Group Inc.	41.7B	14.7x	1.6x	7.7%	-9.6%	+2.8%	Compra fuerte
AIZ	Assurant, Inc.	14.1B	13.6x	1.0x	14.4%	+6.6%	+36.2%	Mantener

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E5.6

P25 n/aP50 n/aP75 n/a

Trailing P/E39.7

P25 n/aP50 n/aP75 n/a

ROE1.4

P25 n/aP50 n/aP75 n/a

ROIC8.7

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All HRZN indicators

Market & fundamental data

Available fields

239

Groups with data

Currency

USD

Showing 239 of 239 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001487428
Company name	Horizon Technology Finance Corporation
Country	United States
Country code	US
CUSIP number	44045A102
Earnings date	2026-11-05
Earnings time	amc
Enterprise value	$596.9M
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	2008
Industry	Asset Management
IPO date	2010-10-29
Is primary listing	Yes
Is SPAC	No
ISIN number	US44045A1025
Last 10-K release date	2026-03-03
Last earnings date	2026-08-04
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$269.5M
Market cap category	Micro-Cap
Next earnings date	2026-11-05
Options	Yes
Price	$4.02
Price currency	USD
Sector	Financials
Stock price date	2026-10-28
Symbol	HRZN
Tags	business-development-company
U.S. state	Connecticut

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	5.09x
Average P/E ratio (10Y)	16.57x
Earnings yield	2.52%
EV/Earnings	117.06x
EV/EBIT	7.83x
EV/FCF	5.84x
EV/Sales	6.17x
FCF / EV yield	17.13%
FCF yield	38.23%
Forward EV/Sales	5.54x
Forward P/E	5.61x
Forward P/S	2.48x
Graham number	3.76722
Graham upside	-4.99%
Industry forward P/E	12.81x
Industry P/E	27.36x
Lynch fair value	$0.51
Lynch upside	-87.24%
P/B ratio	0.63x
P/E ratio	39.73x
P/FCF ratio	2.62x
P/OCF ratio	2.62x
P/S ratio	2.77x
Price / tangible book value	0.64x
Sector forward P/E	13.61x
Sector P/E	15.65x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	78.86%
Effective tax rate	14.29%
FCF margin	105.73%
Gross margin	100%
Operating margin	78.86%
Pretax margin	6.15%
Profit margin	5.27%
ROA	6.08%
ROA (5Y)	6.12%
ROCE	9.24%
ROE	1.45%
ROE (5Y)	2.35%
ROIC	8.71%
ROIC (5Y)	10.63%
Tax / revenue	0.88%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth 10Y	-17.03%
EPS growth 3Y	-43.44%
EPS growth 5Y	-30.61%
EPS growth years	2
Gross profit growth	-1.07%
Gross profit growth (Q)	2.14%
Gross profit growth 3Y	-2.14%
Gross profit growth 5Y	14.38%
Net income growth 3Y	-31.06%
Net income growth 5Y	-15.69%
Net income growth years	2
OCF growth (Q)	149.05%
OCF growth 10Y	20.77%
Operating income growth	-4.01%
Operating income growth (Q)	-0.64%
Operating income growth 3Y	-0.82%
Operating income growth 5Y	18.21%
Revenue growth	-1.07%
Revenue growth (Q)	2.14%
Revenue growth (QoQ)	4.01%
Revenue growth 10Y	10.51%
Revenue growth 3Y	-2.14%
Revenue growth 5Y	14.38%
Revenue growth quarters	1
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
EBIT	$75.8M
EPS	$0.10
FCF per share	$1.52
Financing cash flow	$-47.8M
Free cash flow	$101.6M
Gross profit	$96.1M
Income taxes	$845,000
Net borrowing	$5.8M
Net cash flow	$53.9M
Net income	$5.1M
Operating income	$75.8M
Revenue	$96.1M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	0.45
Book value per share	$6.23
Debt / equity	0.96
Debt / FCF	3.96
Interest coverage	2.38
Long-term assets	$741.8M
Long-term liabilities	$402.4M
Net cash (debt)	$-327.4M
Net cash / market cap	-123.2%
Net debt / equity	0.78
Net debt / FCF	3.22
Piotroski F-Score	5
Shareholders' equity	$417.5M
Tangible book value	$417.5M
Tangible book value per share	$6.23
Total assets	$832M
Total cash	$75M
Total debt	$402.4M
Total liabilities	$414.5M
WACC	7.94%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.12
Current assets	$90.2M
Current liabilities	$12.1M
Current ratio	7.45
Net working capital	$3.1M
Quick ratio	7.23
Working capital	$78.1M
Working capital turnover	4.27

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-27.72%
Dividend growth	-20.45%
Dividend growth (10Y)	-2.7%
Dividend growth (3Y)	-8.49%
Dividend growth (5Y)	-3.43%
Dividend growth years	0
Dividend payment date	2026-11-16
Dividend payment years	17
Dividend payout frequency	Monthly
Dividend per share	$0.72
Dividend yield	17.91%
Ex-dividend date	2026-11-17
FCF payout ratio	69.26%
Last dividend	$0.09
Payout ratio	1,037.64%
Shareholder yield	-9.56%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-69.94%
10Y return CAGR	-0.05%
10Y total return	-0.52%
150-day SMA	$4.48
15Y price change	-74.16%
15Y return CAGR	2.68%
15Y total return	48.7%
1D price change	2.81%
1M price change	-14.04%
1M total return	-12.32%
1W price change	-2.93%
1W total return	-2.93%
1Y price change	-34.43%
1Y return CAGR	-19.47%
1Y total return	-19.46%
20-day SMA	$4.33
200-day SMA	$4.81
3M price change	-7.66%
3M total return	-2.21%
3Y price change	-63.35%
3Y return CAGR	-15.69%
3Y total return	-40.07%
50-day SMA	$4.58
50-day SMA vs 200-day SMA	50under200
52-week high	$6.85
52-week high date	2025-11-12
52-week low	$3.80
52-week low date	2026-04-27
5Y price change	-77.35%
5Y return CAGR	-14.64%
5Y total return	-54.69%
6M price change	2.84%
6M total return	14.98%
All-time high	$19.08
All-time high date	2021-11-15
All-time low	$3.80
All-time low date	2026-04-27
Average true range (ATR)	$0.12
Average volume	463K
Beta (1Y)	1.12
Beta (2Y)	0.6
Beta (5Y)	0.99
Change from 52-week high	-41.31%
Change from 52-week low	5.73%
Change from all-time high	-79.14%
Change from all-time low	4.68%
Change from open	2.29%
Day's gap	0.51%
Dollar volume	$1.2M
High price	$4.02
Low price	$3.90
Monthly RSI	29.07
Open price	$3.93
Position in 52-week range	100%
Premarket change	1.54%
Premarket close	$3.91
Premarket price	$3.97
Premarket volume	1.1K
Previous close	$3.91
Price vs 150-day SMA	-11.06%
Price vs 20-day SMA	-8.08%
Price vs 200-day SMA	-17.22%
Price vs 50-day SMA	-13.04%
Relative volume	0.67
RSI	28.84
Sharpe ratio	-0.36
Sharpe ratio (3Y)	-0.5
Sharpe ratio (5Y)	-0.43
Sortino ratio	-0.35
Sortino ratio (3Y)	-0.47
Sortino ratio (5Y)	-0.39
Volume	308.8K
Weekly RSI	35.39
YTD price change	-38.29%
YTD total return	-26.72%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Shares change (QoQ)	37.32%
Shares change (YoY)	27.72%
Shares held by insiders	0.54%
Shares held by institutions	11.77%
Shares outstanding	67M
Short % of shares	3.99%
Short ratio	4.8 days

Deeper analysis on HRZN

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this HRZN report

Is a complete HRZN research report available?

No complete published report is available for Horizon Technology Finance Corporation (HRZN) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Horizon Technology Finance Corporation (HRZN)

Price

Financial snapshot

Fair-value bridge

Latest news · HRZN

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All HRZN indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on HRZN

Frequently asked questions