Horizon Technology Finance Corporation (HRZN) Quarterly Earnings Preview
Horizon Technology Finance Corporation, listed on the NASDAQ as HRZN, is a business development company (BDC) that provides capital to technology, life science, healthcare information and services, and cleantech industries. As a BDC, HRZN helps small and medium-sized businesses grow by offering them financial support. The company competes with other BDCs in the market, which also aim to provide similar financial services.
HRZN is set to release its quarterly earnings on Tuesday, April 29, 2025. Analysts on Wall Street predict that the earnings per share (EPS) will be $0.33. The company’s revenue is expected to be around $26.67 million. These projections are crucial for investors as they provide insight into the company’s financial health and future performance.
Since December 2023, HRZN has faced skepticism due to its underperformance. The company has experienced a negative total return of 26%, which is a stark contrast to the broader BDC market’s positive return of 5%. This underperformance has led to HRZN trading at a discount, making it an attractive option for investors seeking high dividend yields.
Despite its recent challenges, HRZN offers one of the highest dividend yields in the BDC sector. This can be appealing to income-focused investors who prioritize regular income from their investments. The company’s ability to maintain a high dividend yield, even during periods of underperformance, highlights its commitment to returning value to shareholders.
