Zacks Research Issues Negative Outlook for HTGC Earnings

Hercules Capital, Inc. (NYSE:HTGC - Free Report) - Equities research analysts at Zacks Research cut their Q2 2025 earnings per share (EPS) estimates for Hercules Capital in a note issued to investors on Thursday, May 22nd. Zacks Research analyst R. Department now anticipates that the financial services provider will earn $0.47 per share for the quarter, down from their previous estimate of $0.48. 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 Q3 2025 earnings at $0.48 EPS, Q2 2026 earnings at $0.49 EPS and Q1 2027 earnings at $0.51 EPS.

Several other research firms also recently commented on HTGC. JMP Securities reissued a "market outperform" rating and set a $22.00 target price on shares of Hercules Capital in a research report on Friday, February 14th. Keefe, Bruyette & Woods decreased their target price on Hercules Capital from $21.50 to $20.50 and set an "outperform" rating for the company in a research report on Tuesday, April 8th. Piper Sandler dropped their price target 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. Wells Fargo & Company lowered their target price on shares of Hercules Capital from $21.00 to $19.00 and set an "overweight" rating on the stock in a research note on Monday, April 28th. Finally, UBS Group cut their target price on shares of Hercules Capital from $20.00 to $18.00 and set a "neutral" rating for the company in a research report on Thursday, April 17th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $19.92.

Hercules Capital Stock Up 0.1%

Shares of NYSE HTGC traded up $0.03 during mid-day trading on Monday, reaching $17.46. The company had a trading volume of 105,644 shares, compared to its average volume of 1,094,490. The company has a debt-to-equity ratio of 0.89, a quick ratio of 2.72 and a current ratio of 2.72. Hercules Capital has a twelve month low of $15.65 and a twelve month high of $22.04. The stock's 50 day moving average is $17.74 and its 200-day moving average is $19.14. The stock has a market capitalization of $3.06 billion, a PE ratio of 10.83 and a beta of 0.97.

Hercules Capital (NYSE:HTGC - Get Free Report) last announced its quarterly earnings data 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). The business had revenue of $102.10 million for the quarter, compared to analyst estimates of $125.43 million. Hercules Capital had a return on equity of 17.19% and a net margin of 53.28%. The company's revenue was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.50 earnings per share.

Hercules Capital Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 20th. Investors of record on Tuesday, May 13th were paid a $0.40 dividend. The ex-dividend date was Tuesday, May 13th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 9.17%. Hercules Capital's payout ratio is 120.30%.

Insiders Place Their Bets

In related news, Director Nikos Theodosopoulos bought 5,999 shares of the company's stock in a transaction dated Thursday, May 8th. The stock was acquired at an average cost of $17.49 per share, with a total value of $104,922.51. Following the acquisition, the director now owns 11,960 shares in the company, valued at approximately $209,180.40. This represents a 100.64% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.90% of the company's stock.

Institutional Investors Weigh In On Hercules Capital

A number of hedge funds have recently made changes to their positions in the company. Ameriflex Group Inc. bought a new stake in Hercules Capital during the 4th quarter worth approximately $29,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Hercules Capital in the first quarter valued at $30,000. Avior Wealth Management LLC raised its holdings in shares of Hercules Capital by 177.2% in the fourth quarter. Avior Wealth Management LLC now owns 1,802 shares of the financial services provider's stock valued at $36,000 after buying an additional 1,152 shares during the last quarter. Estabrook Capital Management lifted its position in Hercules Capital by 239.0% during the 4th quarter. Estabrook Capital Management now owns 1,878 shares of the financial services provider's stock worth $38,000 after buying an additional 1,324 shares in the last quarter. Finally, Bessemer Group Inc. bought a new stake in Hercules Capital during the 1st quarter worth about $38,000. Institutional investors and hedge funds own 19.69% of the company's stock.

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.