Zacks Research Brokers Decrease Earnings Estimates for HTGC

Hercules Capital, Inc. (NYSE:HTGC) – Zacks Research decreased their Q2 2025 EPS estimates for Hercules Capital in a report issued on Monday, December 30th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings per share of $0.48 for the quarter, down from their prior forecast 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 subject of several other reports. Wells Fargo & Company boosted their price objective on shares of Hercules Capital from $20.00 to $21.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 29th. JMP Securities reiterated a “market outperform” rating and issued a $22.00 price target on shares of Hercules Capital in a report on Friday, December 6th. Finally, Keefe, Bruyette & Woods upgraded Hercules Capital from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $19.50 to $21.50 in a research note on Thursday, December 12th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $20.90.

Hercules Capital Stock Up 0.3 %

Shares of NYSE:HTGC opened at $20.09 on Wednesday. The stock has a 50-day simple moving average of $19.37 and a 200-day simple moving average of $19.64. The stock has a market capitalization of $3.26 billion, a P/E 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. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.61 and a current ratio of 1.61.

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of HTGC. Concurrent Investment Advisors LLC raised its position in shares of Hercules Capital by 40.9% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 37,493 shares of the financial services provider’s stock valued at $767,000 after purchasing an additional 10,886 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in Hercules Capital by 11.2% in the second quarter. Commonwealth Equity Services LLC now owns 330,643 shares of the financial services provider’s stock valued at $6,762,000 after acquiring an additional 33,297 shares in the last quarter. D.A. Davidson & CO. boosted its stake in Hercules Capital by 6.8% during the 2nd quarter. D.A. Davidson & CO. now owns 265,027 shares of the financial services provider’s stock valued at $5,420,000 after acquiring an additional 16,912 shares during the last quarter. Autumn Glory Partners LLC acquired a new position in Hercules Capital during the 2nd quarter worth $215,000. Finally, Legacy Capital Wealth Partners LLC bought a new stake in shares of Hercules Capital in the 2nd quarter worth about $2,005,000. Institutional investors and hedge funds own 19.69% of the company’s stock.

Hercules Capital Dividend Announcement

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

Hercules Capital Company Profile

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.