Hercules Capital (HTGC) Expected to Announce Earnings on Thursday

Hercules Capital (NYSE:HTGC - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results after the market closes on Thursday, July 31st. Analysts expect Hercules Capital to post earnings of $0.47 per share and revenue of $129.47 million for the quarter.

Hercules Capital (NYSE:HTGC - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.01). Hercules Capital had a return on equity of 16.84% and a net margin of 45.23%. The business had revenue of $102.10 million for the quarter, compared to analyst estimates of $125.43 million. During the same period in the prior year, the company posted $0.50 earnings per share. The company's revenue was down 1.6% compared to the same quarter last year. On average, analysts expect Hercules Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Hercules Capital Stock Up 0.0%

Shares of HTGC traded up $0.01 during mid-day trading on Friday, reaching $19.44. The company's stock had a trading volume of 604,977 shares, compared to its average volume of 1,208,170. The company's 50 day moving average is $18.26 and its 200 day moving average is $18.88. The stock has a market cap of $3.41 billion, a PE ratio of 14.61 and a beta of 0.93. Hercules Capital has a 12-month low of $15.65 and a 12-month high of $22.04. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.38 and a quick ratio of 2.38.

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 issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 8.23%. The ex-dividend date was Tuesday, May 13th. Hercules Capital's payout ratio is 120.30%.

Analyst Ratings Changes

HTGC has been the topic of a number of recent research reports. Wells Fargo & Company cut their target price on shares of Hercules Capital from $21.00 to $19.00 and set an "overweight" rating on the stock in a report on Monday, April 28th. UBS Group boosted their target price on shares of Hercules Capital from $18.50 to $19.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 16th. Keefe, Bruyette & Woods lowered their price target on Hercules Capital from $21.50 to $20.50 and set an "outperform" rating on the stock in a report on Tuesday, April 8th. Finally, Piper Sandler decreased their price objective on shares of Hercules Capital from $23.00 to $20.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Hercules Capital currently has an average rating of "Moderate Buy" and a consensus target price of $20.08.

Insider Activity

In other news, Director Nikos Theodosopoulos acquired 5,999 shares of the business's stock in a transaction dated Thursday, May 8th. The stock was acquired at an average price of $17.49 per share, with a total value of $104,922.51. Following the completion of the transaction, the director directly owned 11,960 shares in the company, valued at approximately $209,180.40. This represents a 100.64% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Focus Partners Wealth boosted its holdings in shares of Hercules Capital by 26.0% in the 1st quarter. Focus Partners Wealth now owns 15,747 shares of the financial services provider's stock valued at $302,000 after purchasing an additional 3,250 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in Hercules Capital by 5.9% during the first quarter. Integrated Wealth Concepts LLC now owns 17,241 shares of the financial services provider's stock valued at $331,000 after acquiring an additional 959 shares during the period. Finally, Empowered Funds LLC increased its stake in Hercules Capital by 85.9% during the first quarter. Empowered Funds LLC now owns 22,854 shares of the financial services provider's stock worth $439,000 after acquiring an additional 10,559 shares during the last quarter. 19.69% of the stock is currently owned by institutional investors and hedge funds.

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.