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Horizon Technology Finance Corp (HTFC)

NYSE Financial Services Asset Management
$24.95 ▲ +0.10%
Market Cap
$229.8M
Sector
Financial Services
Industry
Asset Management
Beta
0.18
52-Wk Range
24.4-25.24
CEO
Michael Balkin
Country
US
Currency
USD

Horizon Technology Finance Corp operates in the Asset Management industry of the Financial Services sector, headquartered in Farmington, DE, US. The stock last traded at $24.95, up 0.10% on the session, giving a market capitalisation of $229.8M. On trailing twelve-month figures it carries a trailing P/E of 12.40, a net margin of 4.9%. Its beta of 0.18 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
12.40
Price / Sales
2.39
Price / Book
0.77
EV / EBITDA
23.50
Gross margin
75.8%
Operating margin
26.3%
Net margin
4.9%
Return on equity
Debt / equity
0.96
Current ratio
1.97
Dividend yield
22.9%
Payout ratio
1329.9%
Company profile
Exchange
New York Stock Exchange
Employees
0
IPO date
2022-06-28
Headquarters
Farmington, DE, US
About Horizon Technology Finance Corp

Horizon Technology Finance Corp. functions as a dedicated financial entity, primarily offering capital through secured lending to businesses supported by venture capital. Furthermore, it extends financing and makes equity investments in portfolio enterprises operating within high-growth sectors like technology, life sciences, healthcare information and services, and clean technology. The firm was established on March 16, 2010, by John C. Bombara, Daniel S. Devorsetz, Robert D. Pomeroy, and Gerald A. Michaud, and its principal operations are based in Farmington, Connecticut.

Comparable companies

Horizon Technology Finance Corp is most often compared with the following Financial Services names:

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