What is Zacks Research’s Forecast for HTGC Q3 Earnings?

Hercules Capital, Inc. (NYSE:HTGC) – Stock analysts at Zacks Research upped their Q3 2026 earnings per share estimates for shares of Hercules Capital in a research note issued on Thursday, October 17th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $0.53 per share for the quarter, up from their previous estimate of $0.52. The consensus estimate for Hercules Capital’s current full-year earnings is $2.03 per share. Zacks Research also issued estimates for Hercules Capital’s FY2026 earnings at $2.11 EPS.

Hercules Capital (NYSE:HTGC) last released its quarterly earnings results on Thursday, August 1st. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.51. The business had revenue of $125.01 million for the quarter, compared to analyst estimates of $124.99 million. Hercules Capital had a net margin of 57.82% and a return on equity of 18.03%. During the same quarter in the previous year, the business earned $0.53 earnings per share.

A number of other brokerages also recently weighed in on HTGC. Piper Sandler lifted their price target on Hercules Capital from $22.00 to $22.50 and gave the company an “overweight” rating in a report on Friday, August 2nd. Wells Fargo & Company raised their price objective on Hercules Capital from $20.00 to $22.00 and gave the stock an “overweight” rating in a research report on Friday, July 26th. Finally, JMP Securities upped their target price on Hercules Capital from $20.00 to $22.00 and gave the company a “market outperform” rating in a report on Tuesday, July 30th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $20.00.

Hercules Capital Trading Up 0.2 %

NYSE HTGC opened at $20.18 on Friday. The firm’s 50 day moving average price is $19.22 and its two-hundred day moving average price is $19.54. The stock has a market cap of $3.27 billion, a price-to-earnings ratio of 9.17 and a beta of 1.39. Hercules Capital has a twelve month low of $15.02 and a twelve month high of $21.78. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.42 and a current ratio of 1.42.

Hercules Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 20th. Shareholders of record on Tuesday, August 13th were paid a $0.48 dividend. The ex-dividend date was Tuesday, August 13th. This represents a $1.92 dividend on an annualized basis and a yield of 9.51%. Hercules Capital’s dividend payout ratio (DPR) is currently 72.73%.

Insiders Place Their Bets

In other news, Director Nikos Theodosopoulos purchased 1,608 shares of Hercules Capital stock in a transaction dated Tuesday, August 6th. The stock was acquired at an average cost of $18.03 per share, for a total transaction of $28,992.24. Following the acquisition, the director now directly owns 5,613 shares in the company, valued at $101,202.39. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, CEO Scott Bluestein sold 100,000 shares of the stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $19.59, for a total transaction of $1,959,000.00. Following the transaction, the chief executive officer now owns 2,161,207 shares of the company’s stock, valued at approximately $42,338,045.13. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Nikos Theodosopoulos purchased 1,608 shares of the stock in a transaction on Tuesday, August 6th. The shares were bought at an average price of $18.03 per share, for a total transaction of $28,992.24. Following the acquisition, the director now owns 5,613 shares of the company’s stock, valued at approximately $101,202.39. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 1.90% of the company’s stock.

Institutional Trading of Hercules Capital

Large investors have recently modified their holdings of the company. HHM Wealth Advisors LLC acquired a new stake in Hercules Capital in the 2nd quarter valued at approximately $31,000. Kathleen S. Wright Associates Inc. acquired a new stake in shares of Hercules Capital in the third quarter worth $31,000. NBC Securities Inc. increased its position in Hercules Capital by 154.8% during the first quarter. NBC Securities Inc. now owns 2,624 shares of the financial services provider’s stock worth $48,000 after acquiring an additional 1,594 shares during the period. Hexagon Capital Partners LLC raised its stake in Hercules Capital by 28.9% during the 1st quarter. Hexagon Capital Partners LLC now owns 3,599 shares of the financial services provider’s stock valued at $66,000 after purchasing an additional 806 shares during the last quarter. Finally, Armstrong Advisory Group Inc. boosted its holdings in Hercules Capital by 198.9% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 5,380 shares of the financial services provider’s stock valued at $106,000 after purchasing an additional 3,580 shares during the period. 19.69% of the stock is owned by institutional investors.

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.