Hercules Capital (HTGC) to Release Quarterly Earnings on Thursday

Hercules Capital (NYSE:HTGC - Get Free Report) is expected to be announcing its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $0.46 per share and revenue of $125.43 million for the quarter.

Hercules Capital (NYSE:HTGC - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.49. The firm had revenue of $121.78 million for the quarter, compared to the consensus estimate of $124.09 million. Hercules Capital had a return on equity of 17.19% and a net margin of 53.28%. 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 Trading Up 0.4 %

NYSE HTGC traded up $0.07 on Tuesday, hitting $18.16. 1,116,049 shares of the company were exchanged, compared to its average volume of 1,060,768. The company's 50 day moving average price is $18.57 and its 200-day moving average price is $19.48. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.72 and a quick ratio of 2.72. The firm has a market capitalization of $3.19 billion, a P/E ratio of 11.28 and a beta of 1.13. Hercules Capital has a twelve month low of $15.65 and a twelve month high of $22.04.

Hercules Capital Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Wednesday, February 26th were issued a dividend of $0.47 per share. The ex-dividend date was Wednesday, February 26th. This represents a $1.88 annualized dividend and a yield of 10.35%. Hercules Capital's payout ratio is presently 99.38%.

Analyst Upgrades and Downgrades

HTGC has been the topic of several research analyst reports. JMP Securities reaffirmed a "market outperform" rating and set a $22.00 target price on shares of Hercules Capital in a research note on Friday, February 14th. Wells Fargo & Company lowered their target price on Hercules Capital from $21.00 to $19.00 and set an "overweight" rating on the stock in a research note on Monday. Keefe, Bruyette & Woods lowered their target price on Hercules Capital from $21.50 to $20.50 and set an "outperform" rating on the stock in a research note 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 note on Thursday, April 17th. Finally, Piper Sandler lowered their price target on Hercules Capital from $23.00 to $20.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Hercules Capital has a consensus rating of "Moderate Buy" and a consensus target price of $19.92.

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.