Zacks: Brokerages Expect Horizon Technology Finance Co. (NASDAQ:HRZN) to Announce $0.29 Earnings Per Share
Equities investigate analysts predict that Horizon Engineering Finance Co. (NASDAQ:HRZN – Get Rating) will report earnings of $.29 for each share for the recent fiscal quarter, Zacks Investment decision Exploration stories. Two analysts have issued estimates for Horizon Technology Finance’s earnings. Horizon Technological innovation Finance reported earnings of $.31 for each share in the similar quarter final year, which would reveal a unfavorable yr about 12 months expansion rate of 6.5%. The organization is envisioned to challenge its following quarterly earnings final results on Monday, January 1st.
On average, analysts assume that Horizon Technology Finance will report whole-12 months earnings of $1.36 per share for the recent yr, with EPS estimates ranging from $1.35 to $1.36. For the up coming calendar year, analysts anticipate that the company will write-up earnings of $1.44 for each share, with EPS estimates ranging from $1.41 to $1.46. Zacks’ earnings for each share calculations are an ordinary dependent on a survey of analysis analysts that that give protection for Horizon Technological innovation Finance.
Horizon Engineering Finance (NASDAQ:HRZN – Get Rating) very last posted its quarterly earnings info on Tuesday, March 1st. The investment management enterprise noted $.39 earnings for every share for the quarter, topping the consensus estimate of $.34 by $.05. The business experienced income of $16.95 million all through the quarter, in comparison to analysts’ anticipations of $14.77 million. Horizon Technologies Finance experienced a return on fairness of 12.20% and a web margin of 46.29%.
A number of exploration corporations lately issued stories on HRZN. StockNews.com commenced coverage on Horizon Know-how Finance in a report on Thursday, March 31st. They established a “sell” score on the stock. Zacks Expense Exploration lowered Horizon Engineering Finance from a “buy” score to a “hold” ranking in a report on Friday, March 4th.
Shares of HRZN stock traded down $.09 on Monday, hitting $14.21. 114,530 shares of the inventory ended up exchanged, in contrast to its typical quantity of 193,912. The stock has a market place cap of $305.15 million, a cost-to-earnings ratio of 10.22 and a beta of 1.02. The business has a 50-day shifting common of $14.75. Horizon Technological innovation Finance has a fifty-two 7 days small of $13.21 and a fifty-two week significant of $19.08.
The company also a short while ago disclosed a every month dividend, which will be compensated on Wednesday, June 15th. Shareholders of history on Wednesday, Might 18th will be compensated a $.10 dividend. The ex-dividend date is Tuesday, May possibly 17th. This signifies a $1.20 annualized dividend and a yield of 8.44%. Horizon Technological innovation Finance’s dividend payout ratio is 86.33%.
Massive buyers have just lately additional to or lessened their stakes in the organization. Millennium Management LLC acquired a new place in shares of Horizon Technology Finance in the course of the fourth quarter worth about $1,665,000. Marshall Wace LLP purchased a new posture in shares of Horizon Engineering Finance for the duration of the fourth quarter worth roughly $702,000. Shelton Capital Management enhanced its stake in shares of Horizon Technologies Finance by 8.3% for the duration of the third quarter. Shelton Funds Management now owns 325,000 shares of the investment management company’s stock value $5,285,000 just after paying for an more 25,000 shares during the time period. ETF Retail outlet Inc. bought a new place in shares of Horizon Know-how Finance for the duration of the fourth quarter worth about $355,000. Lastly, Invesco Ltd. improved its stake in shares of Horizon Technology Finance by 60.3% throughout the 3rd quarter. Invesco Ltd. now owns 53,448 shares of the expense management company’s inventory value $869,000 just after obtaining an extra 20,107 shares in the course of the time period. Hedge resources and other institutional buyers individual 9.50% of the company’s stock.
About Horizon Technological know-how Finance (Get Rating)
Horizon Technological know-how Finance Company is a business enterprise growth organization specializing in lending and and investing in advancement-phase investments. It focuses on building secured debt and enterprise lending investments to enterprise capital backed corporations in the technological know-how, daily life science, health care information and solutions, and cleantech industries.
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