Stock Ratings / Financials / HRZN / dividends

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Horizon Technology Finance Corporation (HRZN) Dividend Safety Gauge & 10-Year DRIP Compounder

$4.07 -1.45% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $4.05

Horizon Technology Finance Corporation (HRZN) carries a Roarable Rating of D (Sell) with 48/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record Warning: Scores below 50 (48/100 · D) historically underperformed SPY in 71% of rolling 90-day windows →

ROARABLE D • SELL / AVOID Cap $272.8M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on HRZN Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is HRZN stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, Horizon Technology Finance Corporation (NASDAQ: HRZN) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 48/100 at a spot price of $4.07 (-1.45% 1D, market cap $272.8M). Pillar breakdown: Fundamental Cash Engine 11/20, Institutional 13F & Options Flow 3/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 9/20, and SEC Balance-Sheet Forensics 12/20. Across 1096 tracked Financials issuers, HRZN ranks #700 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does HRZN compare to RWAY and HTT in the Financials sector?

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Within the Financials sector (Finance: Consumer Services), HRZN carries a Roarable D (48/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of -0.8%. By comparison, RWAY (Runway Growth Finance Corp.) holds a D+ grade (52/100 RQD, P/E 8.1x, ROIC 7.0%, cap $273.3M) and HTT (High Templar Tech Limited each representing one Class A ordinary share) posts a D- grade (35/100 RQD, P/E N/A, ROIC -5.2%, cap $279.5M). Among the 5-stock peer group, RWAY leads on earnings multiple (8.1x) while XYF leads on capital efficiency (18.8% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for HRZN?

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Per HRZN's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001487428), Horizon Technology Finance Corporation generated $0 in revenue, -$2.7M in net income, and $56.6M in free cash flow against $811.1M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Financials with deep daily trading liquidity.. Primary risk factors monitored: Sensitive to high interest rates and tighter Federal Reserve market liquidity.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $4.05 (-0.45%)🧬 Cannibal Buyback (-1.24% YoY Shares)⚙️ Cash Engine: 11/20 (D+) • 1.4% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (48/100 · D) historically underperformed SPY in 71% of rolling 90-day windows (-5.6% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERSELL / AVOID • D

JEV AI Jury Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D- · Rk D+

Each axis scored 0–20

12M PRICE TARGET CONE-4.4% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for HRZN)Realized 20D OHLCV Swing Band: ±6.2%

Deterministic 5-Pillar Attribution (48/100 Composite)

🔍 WHY HRZN SCORES 48/100 (D) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: SEC 10-K Forensic Risk+13/20 pts (27% of score)

Altman Z-Score 3.80 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 4/9

▲ #2 Bullish Driver: Insider Conviction & Share Dilution+12/20 pts (25% of score)

SEC Form 4 / 13F Thermometer: 60% Net Buy • Cannibal Buyback (-1.24% YoY Shares)

▼ #1 Drag / Risk Factor: Whale & Options Positioning4/20 pts (-16 pt drag)

Put hedging (50% put share) caps near-term gamma upside (-16 pts vs max)

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C$4.54-9.7% Next Q

Q2 (-2Q)

Grade C-$4.10-4.6% Next Q

Q3 (-1Q)

Grade C-$3.91+4.1% Next Q

Current

Grade D$4.07-5.6% Hist 90D α

Trajectory: C (56) → D (48)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a HRZN Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While HRZN currently carries a cautious 48/100 (D) rating due to Whale & Options Positioning (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Financials with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($4.51) and Max Pain ($4.27) forces dealer call-delta covering toward $7.19.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Cannibal Buyback (-1.24% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $HRZN• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “HRZN Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 48%NO 52%Trade / Inspect Odds →

CASH DIVIDEND + BUYBACK YIELD

1.8% Total Yield

0% Cash ($0.00/yr) + 1.8% Buybacks

PAYOUT SAFETY SPEEDOMETER

74/100 • REINVESTING IN GROWTH + BUYBACKS

FREE CASH FLOW PAYOUT RATIO

0% (100% Reinvested)

Retains cash flow for R&D and share repurchases

INTERACTIVE DRIP & SHAREHOLDER-YIELD COMPOUNDER (6.8% EST. ANNUAL)

$10,000 Compounded Over 10 Years → $19,307

Est. Year-10 Shareholder Yield: $348/yr

Starting Investment: $10,000

Compounding Horizon: 10 Years

$10.7K

Yr 1

$11.4K

Yr 2

$12.2K

Yr 3

$13.0K

Yr 4

$13.9K

Yr 5

$14.8K

Yr 6

$15.8K

Yr 7

$16.9K

Yr 8

$18.1K

Yr 9

$19.3K

Yr 10

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring HRZN)

✓Walkthrough of HRZN's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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HRZN // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -2.63%📐 HORIZONTAL RANGE

2026-11-03O $4.13H $4.13L $4.07C $4.07VOL 456.6K

RES: $5.54SUP: $3.87SMA50: $4.51SMA200: $4.76

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

HRZN Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 HRZN Butterfly Map → + Track HRZN →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

8.0%/yr Implied 5Y Growth

vs. +6.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on HRZN today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for HRZN. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for HRZN today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (HRZN)

Financials Rank #700 of 1096 ⚔️ RWAY vs HRZN Full Matrix →

1. Head-to-Head Financials Peer Comparison (HRZN vs. RWAY, HTT, XYF, BTBT)

Industry: Finance: Consumer Services (156 Tracked Issuers)

Across 1096 tracked Financials securities in the Roarable RQD universe, Horizon Technology Finance Corporation (HRZN) ranks #700 by composite RQD confidence (48/100, grade D) and #832 by equity capitalization ($272.8M). Within this direct 5-issuer industry benchmark cohort, RWAY leads on earnings valuation at 8.1x trailing P/E, while XYF leads on capital efficiency and profitability with 18.8% ROIC and — gross margin. XYF currently holds the highest overall quantitative score in the immediate peer group at 53/100 (D+) compared with HRZN at 48/100 (D).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
HRZN ACTIVE Horizon Technology Finance Corporation	D	48/100	—	—	-0.8%	-1.45%	$272.8M	Benchmark Subject
RWAY Runway Growth Finance Corp.	D+	52/100	8.1x	—	7.0%	-1.21%	$273.3M	/rway-vs-hrzn →
HTT High Templar Tech Limited each representing one Class A ordinary share	D-	35/100	—	—	-5.2%	-1.10%	$279.5M	/htt-vs-hrzn →
XYF X Financial each representing six (Class A)	D+	53/100	—	—	18.8%	-2.66%	$260.8M	/xyf-vs-hrzn →
BTBT Bit Digital Inc.	E	23/100	—	—	-12.0%	-14.27%	$288.5M	/btbt-vs-hrzn →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001487428

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Horizon Technology Finance Corporation (HRZN) reported GAAP revenue of $0 (N/A vs. FY2024 revenue of $0 ) , GAAP net income of -$2.7M, operating cash flow of $56.6M, and free cash flow of $56.6M (+1338.4% YoY). On the balance sheet, HRZN closed FY2025 with $811.1M in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 4/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$0	-$2.7M	$56.6M	$56.6M	$811.1M	—
FY2024 (FY)	2024-12-31	$0	-$5.6M	$3.9M	$3.9M	$821.8M	—
FY2023 (FY)	2023-12-31	$0	-$17.2M	-$5.3M	-$5.3M	—	—

3. HRZN Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is HRZN stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does HRZN compare to RWAY and HTT in the Financials sector?

What are the biggest fundamental strengths and SEC risk factors for HRZN?

Where is HRZN trading relative to its 50-day, 200-day, and 52-week technical levels?

HRZN last traded at $4.07 (-1.45% on volume of 456,594 shares), positioning the stock -9.76% below its 50-day simple moving average ($4.51) and -14.50% below its 200-day simple moving average ($4.76). Across its 52-week range of $3.80 to $6.85, HRZN sits at the 8.9% percentile with a 14-day RSI of 38.5 (NEUTRAL RANGE) and an implied next-earnings move of ±6.2% ($3.82 to $4.32).

HRZN Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

Does HRZN pay a dividend and is it safe?

Horizon Technology Finance Corporation (HRZN) offers a 0% cash dividend yield ($0.00 annualized) and 1.8% total shareholder yield including buybacks. Roarable rates its payout coverage as REINVESTING IN GROWTH + BUYBACKS.

Direct Sub-Reports: HRZN RQD Cockpit HRZN 12M Forecast HRZN Earnings & Move HRZN Dividends & DRIP HRZN Insiders & 13F HRZN Whale Options HRZN Profit Sankey HRZN News & Why

ROARABLE RATING BRIEF • RQD 48/100 (D) ✓ STAGE-C NUMBER FIREWALL VERIFIED

HRZN — Horizon Technology Finance Corporation: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5

As of: 2026-11-02T15:39:26Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, HRZN scores 48 out of 100, a D grade labeled "Roarable Sell — Underperform / Distribution Warning." The five pillars are: Fundamental Cash Engine at 11/20 (ROIC -0.8%; FCF yield 20.45%); Whale 13F Flow at 3/20 (institutional accumulation and options positioning); Insider Conviction at 12/20 (SEC Form 4 and Congressional PTR cluster flow); Macro Regime Fit at 9/20 (Beta 1.0; sector sensitivity); and Forensic Balance Sheet at 13/20 (Altman Z 2.5; Piotroski F 4/9; Debt/Equity 0.5). For a prospective investor, the weakest pillar is institutional flow at 3/20, meaning the rating's own inputs show little supportive positioning from large holders. The strongest pillar relative to its maximum is the balance sheet at 13/20, which per the same rating reflects a moderate Altman Z and a mid-range Piotroski score. The FCF yield of 20.45% is a notable upside datapoint in the cash-engine pillar, but the rating pairs it with negative ROIC, so a high cash-flow yield cannot be read cleanly as earnings strength. Valuation tradeoffs are unresolved because P/E and EV/EBITDA are not available in source data. The overall verdict is that the rating system currently points toward distribution risk rather than accumulation.

Recent Catalysts & News Wire Analysis

Per the recent news feed, all six items relate to HRZN and are flagged YELLOW. The items are: a TradingView estimates report; a Business Wire announcement that the company will report third-quarter 2026 financial results; a 24/7 Wall St. dividend-deadline roundup; a Yahoo! Finance Canada stock quote page for a different company, Stellus Capital Investment Corporation (SCM); a Yahoo! Finance Canada seasonal chart for PennantPark Floating Rate Capital Ltd. (PFLT); and a TradingView note that the Q3'26 revenue estimate is 25.12M USD. The Q3 earnings announcement is the most concrete scheduled catalyst. Two items reference other tickers and should not be treated as HRZN-specific information. The Butterfly Supply-Chain Graph lists supply chain as NONE, with no butterfly links and no proprietary signals.

Open Questions

What are the company's reported revenue, cash, and debt figures, given that these fields are N/A or $0.0M in the SEC financials?
What are the P/E, EV/EBITDA, and EPS values that would allow valuation to be assessed against the 20.45% FCF yield?
What do the Q3 2026 results show relative to the 25.12M USD revenue estimate?
What is the composition of the 3/20 institutional-flow score, and which holders are driving it?
What explains the divergence between positive FCF in FY 2025 and negative net income across all three periods?

HRZN Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Horizon Technology Finance Corporation (HRZN) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to HRZN Debate Forum (3) ↓

🟡 MARKET WIRE TradingView • 19h ago

Horizon Technology Finance Corporation Estimates – NASDAQ:HRZN

TradingView report covering Horizon Technology Finance Corporation (HRZN) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Business Wire • 22h ago

Horizon Technology Finance to Announce Third Quarter 2026 Financial Results

Business Wire report covering Horizon Technology Finance Corporation (HRZN) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE 24/7 Wall St. • 1d ago

Last Call for October Dividends: 4 High-Yield Stocks With Deadlines This Week

24/7 Wall St. report covering Horizon Technology Finance Corporation (HRZN) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo! Finance Canada • 1d ago

Stellus Capital Investment Corporation (SCM) Stock Price, News, Quote & History

Yahoo! Finance Canada report covering Horizon Technology Finance Corporation (HRZN) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo! Finance Canada • 1d ago

PennantPark Floating Rate Capital Ltd. (PFLT) Seasonal Returns Chart - Yahoo Finance

Yahoo! Finance Canada report covering Horizon Technology Finance Corporation (HRZN) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE TradingView • 1d ago

HRZN Q3'26 Earnings: revenue estimate is 25.12M USD

TradingView report covering Horizon Technology Finance Corporation (HRZN) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟢 CATALYST www.dars.gov.et • 1d ago

HRZN Q2 2026 Earnings: EPS Misses Consensus by 14.93% While Shares Gain 2.0% - Earnings Yield Analysis

www.dars.gov.et report covering Horizon Technology Finance Corporation (HRZN) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH https://www.dars.gov.et/ • 1d ago

HRZN Q2 2026 Earnings: EPS of $0.11 Falls Short of Estimates as Shares Slip - Estimate Revision Count

https://www.dars.gov.et/ report covering Horizon Technology Finance Corporation (HRZN) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

HRZN Bull vs. Bear Conversation Board — What's Your Call at $4.07?

🐂 50% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON HRZN 🐻 50% BEARISH CONVICTION

RO RoarDesk_Moderator Roarable Research Desk ⚖️ DEBATE HOST 🎯 Target: $4.46 (+8.0%)

📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is HRZN (D • RQD 48/100) a Buy at $4.13?

Welcome to the HRZN (Horizon Technology Finance Corporation) Roar Pit. Current RQD Composite is 48/100 (Roarable Sell — Underperform / Distribution Warning) in Finance: Consumer Services. Bulls point to operating leverage and sector positioning, while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

SH ShortSeller_Dan Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $3.10 (-24.9%)

Spot @ $4.13

Pump the brakes on HRZN — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on HRZN, but look at what you are paying: current EV/EBITDA multiples with tightening sector spreads. Unless Horizon Technology Finance Corporation expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

AL AlphaFlow_Cap Verified K Arena Trader 🐂 BULLISH 🎯 Target: $5.29 (+28.1%)

Spot @ $4.13

HRZN cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on HRZN, the market is fixating on short-term headline noise in Finance: Consumer Services and ignoring the balance sheet and cash flow trajectory. At $4.13 (52-wk range $3.80 - $6.85), any beat on forward guidance forces shorts and underweight funds to chase.