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

Hercules Capital, Inc. (NYSE:HTGC) – Research analysts at Zacks Research increased their Q3 2025 earnings estimates for shares of Hercules Capital in a note issued to investors on Thursday, October 17th. Zacks Research analyst R. Department now expects that the financial services provider will earn $0.52 per share for the quarter, up from their prior estimate of $0.51. The consensus estimate for Hercules Capital’s current full-year earnings is $2.03 per share.

Hercules Capital (NYSE:HTGC) last issued its quarterly earnings results on Thursday, August 1st. The financial services provider reported $0.51 EPS for the quarter, hitting 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 return on equity of 18.03% and a net margin of 57.82%. During the same period last year, the company posted $0.53 earnings per share.

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

Hercules Capital Price Performance

Shares of NYSE:HTGC opened at $20.21 on Monday. Hercules Capital has a fifty-two week low of $15.02 and a fifty-two week high of $21.78. The company’s 50-day moving average is $19.22 and its 200 day moving average is $19.55. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.42 and a current ratio of 1.42. The company has a market capitalization of $3.28 billion, a P/E ratio of 9.20 and a beta of 1.39.

Institutional Trading of Hercules Capital

Several hedge funds have recently added to or reduced their stakes in HTGC. HHM Wealth Advisors LLC bought a new stake in Hercules Capital in the second quarter valued at approximately $31,000. Kathleen S. Wright Associates Inc. purchased a new position in shares of Hercules Capital in the third quarter worth $31,000. NBC Securities Inc. boosted its position in Hercules Capital by 154.8% during the 1st quarter. NBC Securities Inc. now owns 2,624 shares of the financial services provider’s stock valued at $48,000 after buying an additional 1,594 shares during the period. Hexagon Capital Partners LLC grew its holdings in Hercules Capital by 28.9% in the 1st quarter. Hexagon Capital Partners LLC now owns 3,599 shares of the financial services provider’s stock worth $66,000 after acquiring an additional 806 shares during the last quarter. Finally, Strategic Financial Concepts LLC increased its position in shares of Hercules Capital by 2,067.0% in the second quarter. Strategic Financial Concepts LLC now owns 353,221 shares of the financial services provider’s stock valued at $72,000 after acquiring an additional 336,921 shares during the period. 19.69% of the stock is owned by institutional investors.

Insider Buying and Selling

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

Hercules Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 20th. Investors of record on Tuesday, August 13th were paid a dividend of $0.48 per share. The ex-dividend date was Tuesday, August 13th. This represents a $1.92 annualized dividend and a yield of 9.50%. Hercules Capital’s dividend payout ratio is currently 72.73%.

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.