Horizon Technology Finance Co. (NASDAQ:HRZN – Get Ranking) declared a every month dividend on Thursday, March 3rd, Wall Street Journal experiences. Stockholders of report on Tuesday, April 19th will be paid a dividend of .10 for each share by the expense management firm on Monday, May well 16th. This signifies a $1.20 dividend on an annualized basis and a dividend generate of 8.46%. The ex-dividend date of this dividend is Monday, April 18th.
Horizon Technologies Finance has a payout ratio of 83.9% indicating that its dividend is presently protected by earnings, but may not be in the future if the company’s earnings decrease. Equities exploration analysts expect Horizon Technologies Finance to make $1.44 for every share future calendar year, which suggests the company ought to keep on to be capable to cover its $1.20 once-a-year dividend with an expected future payout ratio of 83.3%.
HRZN stock opened at $14.19 on Friday. Horizon Know-how Finance has a 1-yr small of $13.21 and a 1-12 months higher of $19.08. The business’s 50 working day going typical is $14.63 and its 200-day relocating ordinary is $15.79. The organization has a sector cap of $304.66 million, a P/E ratio of 10.21 and a beta of 1.02.
Horizon Technological know-how Finance (NASDAQ:HRZN – Get Rating) very last produced its quarterly earnings outcomes on Tuesday, March 1st. The investment decision management firm described $.39 EPS for the quarter, beating the Zacks’ consensus estimate of $.34 by $.05. The agency had income of $16.95 million for the quarter, in comparison to analyst estimates of $14.77 million. Horizon Technology Finance experienced a internet margin of 46.29% and a return on fairness of 12.20%. On typical, investigation analysts anticipate that Horizon Technological know-how Finance will write-up 1.36 earnings per share for the current fiscal 12 months.
Many large investors have a short while ago purchased and bought shares of HRZN. Invesco Ltd. boosted its posture in Horizon Engineering Finance by 8.3% through the fourth quarter. Invesco Ltd. now owns 57,891 shares of the expenditure management company’s stock really worth $922,000 after getting an more 4,443 shares all through the period of time. Marshall Wace LLP acquired a new situation in Horizon Engineering Finance in the 4th quarter valued at about $702,000. Morgan Stanley elevated its holdings in Horizon Technology Finance by 36.5% in the 2nd quarter. Morgan Stanley now owns 35,523 shares of the investment decision management company’s inventory valued at $614,000 right after obtaining an supplemental 9,507 shares during the period. LPL Money LLC lifted its place in Horizon Engineering Finance by 11.8% all through the fourth quarter. LPL Financial LLC now owns 18,894 shares of the financial commitment administration company’s inventory truly worth $301,000 after getting an added 2,000 shares through the very last quarter. At last, D. E. Shaw & Co. Inc. purchased a new stake in shares of Horizon Technological know-how Finance all through the fourth quarter worthy of about $290,000. 9.50% of the inventory is at this time owned by hedge funds and other institutional investors.
HRZN has been the subject of many investigate reports. StockNews.com commenced coverage on Horizon Technologies Finance in a study take note on Thursday, March 31st. They issued a “sell” rating for the firm. Zacks Expense Exploration lower Horizon Engineering Finance from a “buy” rating to a “hold” score in a report on Friday, March 4th.
Horizon Technological innovation Finance Enterprise Profile (Get Ranking)
Horizon Technologies Finance Corporation is a business progress company specializing in lending and and investing in development-stage investments. It focuses on generating secured personal debt and venture lending investments to enterprise cash backed companies in the engineering, lifestyle science, health care info and products and services, and cleantech industries.
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