News headlines about Horizon Technology Finance Corporation (NASDAQ:HRZN) have been trending somewhat positive on Tuesday, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Horizon Technology Finance Corporation earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave headlines about the investment management company an impact score of 45.5629924532721 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the news headlines that may have impacted Accern’s analysis:

Several equities research analysts recently weighed in on the company. Keefe, Bruyette & Woods restated a “hold” rating and set a $11.00 target price on shares of Horizon Technology Finance Corporation in a research note on Tuesday, July 25th. Compass Point restated a “sell” rating and set a $10.00 target price on shares of Horizon Technology Finance Corporation in a research note on Thursday, July 6th. National Securities restated a “neutral” rating and set a $11.00 target price on shares of Horizon Technology Finance Corporation in a research note on Monday, May 8th. Zacks Investment Research cut Horizon Technology Finance Corporation from a “hold” rating to a “strong sell” rating in a research note on Friday, May 5th. Finally, Raymond James Financial, Inc. restated an “underperform” rating on shares of Horizon Technology Finance Corporation in a research note on Thursday, August 3rd. Four equities research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $11.00.

Shares of Horizon Technology Finance Corporation (NASDAQ:HRZN) opened at 10.74 on Tuesday. The firm has a 50-day moving average price of $11.26 and a 200-day moving average price of $11.23. Horizon Technology Finance Corporation has a 52 week low of $9.64 and a 52 week high of $13.93.

Horizon Technology Finance Corporation (NASDAQ:HRZN) last issued its quarterly earnings data on Tuesday, August 1st. The investment management company reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by $0.03. Horizon Technology Finance Corporation had a negative net margin of 6.72% and a positive return on equity of 10.24%. The business had revenue of $5.88 million for the quarter, compared to analyst estimates of $6.71 million. During the same quarter last year, the business earned $0.39 EPS. Horizon Technology Finance Corporation’s revenue for the quarter was down 35.3% compared to the same quarter last year. Equities analysts expect that Horizon Technology Finance Corporation will post $1.09 earnings per share for the current fiscal year.

The company also recently announced a monthly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Thursday, October 19th will be issued a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a yield of 11.17%. The ex-dividend date of this dividend is Wednesday, October 18th. Horizon Technology Finance Corporation’s dividend payout ratio is presently -749.95%.

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Horizon Technology Finance Corporation Company Profile

Horizon Technology Finance Corporation is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objective is to maximize investment portfolio’s total return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments.

Insider Buying and Selling by Quarter for Horizon Technology Finance Corporation (NASDAQ:HRZN)

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