Zacks Research Issues Negative Outlook for HTGC Earnings

Hercules Capital, Inc. (NYSE:HTGC) – Equities researchers at Zacks Research reduced their Q2 2025 earnings estimates for Hercules Capital in a research report issued on Monday, December 30th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings per share of $0.48 for the quarter, down from their prior estimate of $0.49. The consensus estimate for Hercules Capital’s current full-year earnings is $2.01 per share. Zacks Research also issued estimates for Hercules Capital’s FY2025 earnings at $1.95 EPS and FY2026 earnings at $1.98 EPS.

HTGC has been the topic of several other reports. Keefe, Bruyette & Woods raised shares of Hercules Capital from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $19.50 to $21.50 in a research report on Thursday, December 12th. Wells Fargo & Company increased their price target on shares of Hercules Capital from $20.00 to $21.00 and gave the company an “overweight” rating in a report on Tuesday, October 29th. Finally, JMP Securities restated a “market outperform” rating and issued a $22.00 price objective on shares of Hercules Capital in a report on Friday, December 6th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $20.90.

Hercules Capital Price Performance

Shares of NYSE:HTGC opened at $20.09 on Wednesday. The business has a fifty day moving average price of $19.37 and a 200-day moving average price of $19.63. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.61 and a quick ratio of 1.61. The company has a market capitalization of $3.26 billion, a PE ratio of 9.95 and a beta of 1.36. Hercules Capital has a 1-year low of $16.51 and a 1-year high of $21.78.

Hercules Capital (NYSE:HTGC) last posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.51 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.51. Hercules Capital had a return on equity of 17.88% and a net margin of 65.07%. The company had revenue of $125.25 million during the quarter, compared to analyst estimates of $125.80 million. During the same quarter last year, the company earned $0.52 EPS.

Hercules Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 13th were given a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 9.56%. The ex-dividend date was Wednesday, November 13th. Hercules Capital’s dividend payout ratio (DPR) is presently 79.21%.

Institutional Trading of Hercules Capital

A number of hedge funds have recently bought and sold shares of HTGC. Tectonic Advisors LLC increased its holdings in Hercules Capital by 17.0% during the third quarter. Tectonic Advisors LLC now owns 433,032 shares of the financial services provider’s stock valued at $8,505,000 after buying an additional 62,826 shares during the last quarter. Mackenzie Financial Corp grew its position in shares of Hercules Capital by 77.0% during the 2nd quarter. Mackenzie Financial Corp now owns 31,632 shares of the financial services provider’s stock valued at $647,000 after acquiring an additional 13,765 shares during the period. BNP Paribas Financial Markets increased its stake in shares of Hercules Capital by 511.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 53,068 shares of the financial services provider’s stock worth $1,042,000 after purchasing an additional 44,386 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in Hercules Capital by 9.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 406,985 shares of the financial services provider’s stock worth $7,993,000 after purchasing an additional 34,718 shares during the period. Finally, Franklin Resources Inc. lifted its position in Hercules Capital by 28.0% during the third quarter. Franklin Resources Inc. now owns 387,225 shares of the financial services provider’s stock valued at $7,667,000 after purchasing an additional 84,780 shares in the last quarter. Hedge funds and other institutional investors own 19.69% of the company’s stock.

About Hercules Capital

Hercules Capital, Inc is a business development company. The firm specializing in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development from startups to expansion stage including select publicly listed companies and select special opportunity lower middle market companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies.