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Horizon Technology (NASDAQ:HRZN) Finance Corporation (HRZN) stock has reached a 52-week low, touching down at $7.55, as the investment landscape continues to pose significant challenges for the sector. With a market capitalization of $360.57 million, the company maintains strong liquidity with a current ratio of 5.08. InvestingPro analysis reveals that while facing headwinds, HRZN offers a substantial 14.77% dividend yield. This latest price level reflects a stark contrast to the company’s performance over the past year, with Horizon Tech witnessing a substantial decline. According to InvestingPro data, the stock has shown a -11.07% total return over the past year. Notably, HRZN has maintained dividend payments for 16 consecutive years, demonstrating resilience despite market pressures. Investors are closely monitoring the company’s strategic moves and market conditions, as the stock grapples with the pressures that have led to this notable low point in its 52-week performance. For deeper insights into HRZN’s valuation and additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Horizon Technology Finance Corporation reported its first-quarter loan originations exceeded $100 million, marking a strong start to 2025. The company highlighted significant loans to Castle Creek Biosciences and other firms focused on gene therapies and agricultural products. Despite this robust activity, Horizon’s fourth-quarter earnings fell short of analyst expectations, with net investment income at $0.27 per share, below the anticipated $0.32 per share. Revenue also missed projections, coming in at $23.55 million against the expected $23.8 million. Meanwhile, Keefe, Bruyette & Woods lowered its price target for Horizon to $8.00, citing challenges in venture capital fundraising and concerns over the company’s net asset value. In response to these challenges, Horizon amended its loan agreements to enhance financial flexibility, extending the legal final payment date to June 2032 and adjusting interest rates. The company also reported a decline in net asset value per share to $8.43 at the end of 2024, influenced by stressed investments. Horizon continues to manage its portfolio actively and declared monthly distributions of $0.11 per share for the second quarter of 2025.
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