Research Analysts Offer Predictions for HTGC FY2025 Earnings

Hercules Capital, Inc. (NYSE:HTGC - Free Report) - Research analysts at Zacks Research dropped their FY2025 earnings per share estimates for shares of Hercules Capital in a report issued on Monday, June 30th. Zacks Research analyst R. Department now forecasts that the financial services provider will earn $1.89 per share for the year, down from their previous estimate of $1.90. The consensus estimate for Hercules Capital's current full-year earnings is $1.96 per share. Zacks Research also issued estimates for Hercules Capital's Q2 2026 earnings at $0.48 EPS, Q4 2026 earnings at $0.52 EPS and FY2026 earnings at $1.99 EPS.

Hercules Capital (NYSE:HTGC - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The financial services provider reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.46 by ($0.01). Hercules Capital had a net margin of 45.23% and a return on equity of 16.84%. The business had revenue of $102.10 million during the quarter, compared to analysts' expectations of $125.43 million. During the same quarter last year, the business posted $0.50 earnings per share. The company's quarterly revenue was down 1.6% compared to the same quarter last year.

A number of other research firms have also recently issued reports on HTGC. Piper Sandler decreased their price target on shares of Hercules Capital from $23.00 to $20.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. UBS Group lowered their price target on Hercules Capital from $20.00 to $18.00 and set a "neutral" rating for the company in a research report on Thursday, April 17th. Wells Fargo & Company cut their price objective on Hercules Capital from $21.00 to $19.00 and set an "overweight" rating on the stock in a report on Monday, April 28th. Finally, Keefe, Bruyette & Woods reduced their price objective on Hercules Capital from $21.50 to $20.50 and set an "outperform" rating for the company in a research note on Tuesday, April 8th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $19.92.

Hercules Capital Stock Performance

Shares of Hercules Capital stock traded up $0.02 during midday trading on Tuesday, hitting $18.61. The company had a trading volume of 586,830 shares, compared to its average volume of 1,118,368. The company has a fifty day simple moving average of $17.84 and a 200 day simple moving average of $18.95. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 13.99 and a beta of 0.93. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 0.99. Hercules Capital has a 12-month low of $15.65 and a 12-month high of $22.04.

Hercules Capital Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 20th. Stockholders of record on Tuesday, May 13th were paid a $0.40 dividend. The ex-dividend date of this dividend was Tuesday, May 13th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 8.60%. Hercules Capital's payout ratio is 120.30%.

Insider Buying and Selling

In related news, Director Nikos Theodosopoulos purchased 5,999 shares of the firm's stock in a transaction on Thursday, May 8th. The stock was bought at an average cost of $17.49 per share, with a total value of $104,922.51. Following the completion of the acquisition, the director owned 11,960 shares of the company's stock, valued at $209,180.40. The trade was a 100.64% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Hercules Capital

Several institutional investors have recently made changes to their positions in HTGC. Confluence Investment Management LLC grew its position in Hercules Capital by 0.3% during the second quarter. Confluence Investment Management LLC now owns 383,778 shares of the financial services provider's stock valued at $7,015,000 after buying an additional 1,149 shares during the period. Focus Partners Wealth grew its position in shares of Hercules Capital by 26.0% during the 1st quarter. Focus Partners Wealth now owns 15,747 shares of the financial services provider's stock valued at $302,000 after acquiring an additional 3,250 shares during the period. Empowered Funds LLC increased its stake in shares of Hercules Capital by 85.9% in the 1st quarter. Empowered Funds LLC now owns 22,854 shares of the financial services provider's stock valued at $439,000 after purchasing an additional 10,559 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in Hercules Capital by 5.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 17,241 shares of the financial services provider's stock worth $331,000 after purchasing an additional 959 shares during the period. Finally, Advisors Asset Management Inc. boosted its position in Hercules Capital by 1.8% during the first quarter. Advisors Asset Management Inc. now owns 413,415 shares of the financial services provider's stock worth $7,942,000 after purchasing an additional 7,224 shares in the last quarter. 19.69% of the stock is owned by hedge funds and other 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.