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HRZN
$4.18-0.03 (-0.83%)
Market OpenUpdated 1:46 PM EDT
Horizon Technology Finance Corporation is a business development company specializing in lending and and investing in development-stage investments.
Historical Price
Price (Candle)
50-Day SMA
200-Day SMA
Whystock Brain
The Narrative
Horizon Technology Finance Corporation in the Financial Services sector is trading at $4.22. The stock is currently near its 52-week low of $3.80, remaining 26.1% below its 200-day moving average. Technical signals show neutral RSI of 40 and bullish MACD crossover, explaining why HRZN maintains its current current market pressure. The Whystock Score of 25/100 signals elevated caution as indicators diverge.
Ecosystem Influences
Neutral momentum (RSI 40) — price action in range
Long-term trend bearish (Price vs 200-day SMA)
Macro-economic sensitivity to interest rate and inflation shifts
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Peer Comparison
JPMBACGS
Whystock Valuation Model
Whystock fair value is estimated using a trailing P/E model adjusted for return on equity: Fair P/E = 18 + (ROE × 20). Fair Value = (Current Price ÷ Trailing P/E) × Fair P/E. A base P/E of 18 represents a typical market multiple, scaled upward for companies that earn high returns on equity. The result is a theoretical "normalised" price — not a price target or investment advice. Large deviations are common for high-growth or loss-making companies.
Current Price$4.18
Potential Upside
5%
Whystock Fair Value$4.39
Price
UndervaluedFair ValueOvervalued
Simplified model based on P/E and ROE. Not a substitute for full valuation analysis. Data may be delayed. See our Terms.
Analyst Consensus5 analysts
Hold
Mean target$5.50+31.4%
Range$4.50 – $6.50
Fundamentals
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...
Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$274.75M
P/E Ratio
Priced for growth. Investors expect sustained double-digit expansion.
-
Beta
High-beta play. Expect amplified moves vs. the broad market.
1.09
Div Yield
Strong income play. Yield provides a meaningful total return floor.
2819.00%
ROE
Average efficiency. Growth may require heavy reinvestment.
-14.87%
Volume
Today's trading volume
576,903
Recent News
Monroe Merger Closes, but Dividend Cut Signals Deeper Trouble Ahead
The merger between Horizon Technology Finance (NASDAQ:HRZN) and Monroe Capital (NASDAQ:MRCC) closed on April 14, 2026, yet shareholders are not celebrating. The monthly distribution was already slashed from $0.11 to $0.06 per share weeks earlier, the first material reduction since the BDC stabilized its payout in early 2020. Shares trade near $4, down 31% year ... Monroe Merger Closes, but Dividend Cut Signals Deeper Trouble Ahead
BDC Dividend Collapse Signals What’s Coming for Income Investors
Monroe Capital Corp (NASDAQ:MRCC) no longer exists as a standalone public company. The NAV-for-NAV merger with Horizon Technology Finance Corporation (NASDAQ:HRZN) closed on April 14, 2026, converting MRCC common shares into HRZN stock and removing MRCC from Nasdaq. The question for former shareholders is whether the combined entity delivers on management’s promises, particularly around a ... BDC Dividend Collapse Signals What’s Coming for Income Investors
Monroe Capital’s 64% Dividend Cut Signals Deeper Portfolio Trouble Ahead
Monroe Capital Corp (NASDAQ:MRCC) spent most of 2025 paying a dividend it could not actually earn. The result was inevitable: a 64% dividend cut announced in early 2026, dropping the quarterly payment from $0.25 to $0.09 per share. For income investors still holding shares, the question now is whether even that reduced payout is safe, ... Monroe Capital’s 64% Dividend Cut Signals Deeper Portfolio Trouble Ahead
The Horizon Merger Gamble: Can Combined Scale Save a Shrinking Payout
Monroe Capital Corporation (NASDAQ:MRCC) shareholders approved a NAV-for-NAV merger with Horizon Technology Finance (NASDAQ:HRZN) expected to close in late Q1 or early Q2 2026. The combined entity carries a post-merger monthly distribution of $0.06 per share, which at current prices near $4.50 works out to roughly a 16% annualized yield. The “7% yield” framing applies ... The Horizon Merger Gamble: Can Combined Scale Save a Shrinking Payout
From 25% Yield to 46% Loss: What Income Investors Missed About HRZN
Horizon Technology Finance (NASDAQ:HRZN) cut its monthly distribution by roughly 45% in early 2026, and the share price has lost nearly half its value over five years. The headline yield once looked like 25%. The reality is considerably more complicated. A 45% Distribution Cut That Was a Long Time Coming On February 27, 2026, Horizon’s ... From 25% Yield to 46% Loss: What Income Investors Missed About HRZN