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StockVS

NASDAQ · Asset Management · USD

Horizon Technology Finance Corporation (HRZN) Stock Analysis

Horizon Technology Finance Corporation (HRZN) is a Asset Management stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

HRZN

$4.04

−$0.06 (−1.46%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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HRZN Key Statistics

As of Oct 21, 2026
Trading
Open
$4.10
Previous Close
$4.10
Day's Range
4.03–4.13
52-Week Range
3.80–6.85
Volume
399.22K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.99
Valuation
Market Cap
$270.82M
P/E Ratio
13.93
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
5.42
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.91
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
2.82
EPS (ttm)Profit attributable to each share over the last twelve months.
0.29
Financials (FY)
Revenue (FY)
$7.22M+327.86%
Net Income (FY)
−$2.66M
Profit marginThe share of revenue left as profit after all costs and taxes.
5.27%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
67.03M
1-Year Return
−21.11%
Dividend and dates
Dividend
$0.72+17.56%
Ex-Dividend Date
November 17, 2026
Earnings Date
October 27, 2026
Avg Volume
600.39K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, HRZN closed at $4.04, −21.11% over 1 year.

Horizon Technology Finance Corporation (HRZN) has a market capitalization of $270.82M.

In fiscal 2025, HRZN reported revenue of $7.22M.

HRZN Stock Return by Calendar Year

Horizon Technology Finance Corporation (HRZN) 10-year return: what $10,000 became

1 year
$10,000 $7,889
−21.11%
5 years
$10,000 $4,437
−55.63%
10 years
$10,000 $9,345
−6.55%

If you had invested $10,000 in Horizon Technology Finance Corporation (HRZN) 10 years ago, at the close on October 21, 2016, it would have been worth $9,345 at the close on October 21, 2026: −6.55% in total, −0.68% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−29.76%
2025−14.44%
2024−22.87%
2023+26.99%
2022−19.72%
2021+29.74%
2020+14.08%
2019+26.88%
2018+11.71%
2017+18.62%
2016 (partial year)−19.62%

As of October 21, 2026.

HRZN Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$7.22M−$2.66M−36.9%
2024$1.69M−$5.63M−333.9%
2023−$9.87M−$17.19M174.1%
2022$26.64M$21.15M79.4%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$7.22M——−$2.66M−36.9%
2024$1.69M——−$5.63M−333.9%
2023−$9.87M——−$17.19M174.1%
2022$26.64M——$21.15M79.4%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

HRZN Dividend History

$1.32−3.6% vs 2024

Dividends per share, 2025 · 12 payments

YearDividends per sharePaymentsChange
2026*$0.769—
2025$1.3212−3.6%
2024$1.3712+0.0%
2023$1.3712+8.7%
YearDividends per sharePaymentsChange
2026 (partial year)$0.769—
2025$1.3212−3.6%
2024$1.3712+0.0%
2023$1.3712+8.7%
2022$1.2612+0.8%
2021$1.2512+0.0%
2020$1.2512+4.2%
2019$1.2012+0.0%
2018$1.2012+0.0%
2017$1.2012+458.1%
2016$0.222—

Most recent payment: $0.08 per share, ex-dividend September 16, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

HRZN Valuation vs Asset Management Median

Median of 512 stocks
MetricHRZNAsset Management medianvs median
P/E13.939.4448% above
P/S ratio2.828.590.3x the median
Profit margin5.27%74.97%69.7 pts below

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 11 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Horizon Technology Finance Corporation (HRZN) at $270.82M. The company sits in the Financial Services sector, in the Asset Management industry.

Over the past 52 weeks the price has ranged from $3.80 to $6.85. HRZN last closed at $4.04 on October 21, 2026. That is −$0.06 (−1.46%) against the previous close. The latest close sits 6.32% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $7.22M. That is +327.86% against the prior fiscal year, when revenue was $1.69M. The same year closed with a net loss of $2.66M. The reported profit margin is 5.27%. That is 69.7 percentage points below the Asset Management median of 74.97%. Trailing earnings per share are 0.29.

Across the 4 fiscal years on file, revenue moves from $26.64M in 2022 to $7.22M in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

HRZN trades at a trailing price-to-earnings ratio of 13.93. That is 47.56% above the Asset Management median of 9.44. On forward earnings the ratio is 5.42. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.91. Measured against sales, the shares trade at 2.82 times revenue. On price-to-sales that is 0.3 times the Asset Management median of 8.59. The medians here are taken across 512 Asset Management companies that report the metric.

Over the trailing twelve months the total return is −21.11%. Measured over 10 years, that is −0.68% a year compounded. Beta against the wider market is reported at 0.99. Annualized volatility over the trailing 10 years is 36.86%.

Growth & Income

The trailing dividend yield is 17.56%. That is 8.6 percentage points above the Asset Management median yield of 8.91%. At the indicated rate that is $0.72 a share a year. The ex-dividend date on file is November 17, 2026. Dividends are recorded for 11 calendar years; 2026 shows 9 payments totalling $0.76 a share. The year before, 2025, totalled $1.32 a share.

The strongest complete calendar year on file is 2021 at +29.74%; the weakest is 2024 at −22.87%. Of the 9 complete calendar years on file, 6 finished higher. 2026 is still running; the total return is −29.76% year to date.

Peer Comparison

Horizon Technology Finance Corporation (HRZN) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Horizon Technology Finance Corporation HRZN $270.82M 13.9
BlackRock, Inc. BLK $184.31B 25.8
Blackstone Inc. BX $127.43B 23.9
Brookfield Corporation BN $83.74B 69.5

The Asset Management industry average P/E ratio is 9.4x. Horizon Technology Finance Corporation trades at a P/E of 13.9.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Horizon Technology Finance Corporation

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.