What is Zacks Research's Estimate for HTGC Q3 Earnings?

Key Points

• Zacks Research has lowered its Q3 2026 earnings estimate for Hercules Capital to $0.50 per share, a decrease from the previous estimate of $0.51, while full-year earnings are expected to be $1.96 per share.
• Hercules Capital has recently announced a quarterly dividend of $0.47 per share, increased from the previous $0.40, representing an annualized payout of $1.88 with a yield of 10.8%.
• The company's stock currently has a consensus rating of "Moderate Buy" with a target price of $20.42, reflecting positive sentiment from multiple brokerage upgrades and ratings.

Hercules Capital, Inc. (NYSE:HTGC - Free Report) - Analysts at Zacks Research reduced their Q3 2026 earnings estimates for Hercules Capital in a research note issued to investors on Wednesday, October 15th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings of $0.50 per share for the quarter, down from their previous estimate of $0.51. The consensus estimate for Hercules Capital's current full-year earnings is $1.96 per share.

A number of other brokerages also recently commented on HTGC. Weiss Ratings reissued a "buy (b)" rating on shares of Hercules Capital in a research note on Wednesday, October 8th. JMP Securities boosted their price objective on shares of Hercules Capital from $22.00 to $24.00 and gave the stock a "market outperform" rating in a research note on Monday, August 4th. UBS Group reduced their price objective on shares of Hercules Capital from $19.00 to $18.50 and set a "neutral" rating for the company in a research note on Tuesday. Citigroup reissued an "outperform" rating on shares of Hercules Capital in a research note on Monday, August 4th. Finally, Piper Sandler reduced their price objective on shares of Hercules Capital from $21.00 to $20.50 and set an "overweight" rating for the company in a research note on Thursday, October 9th. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $20.42.

Hercules Capital Stock Performance

Hercules Capital stock opened at $17.40 on Thursday. The company has a 50 day moving average price of $18.93 and a 200-day moving average price of $18.37. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.68 and a current ratio of 1.68. Hercules Capital has a fifty-two week low of $15.65 and a fifty-two week high of $22.04. The company has a market capitalization of $3.16 billion, a PE ratio of 11.52 and a beta of 0.96.

Hercules Capital (NYSE:HTGC - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The financial services provider reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.03. Hercules Capital had a net margin of 51.46% and a return on equity of 16.54%. The firm had revenue of $137.46 million during the quarter, compared to the consensus estimate of $129.47 million. During the same quarter in the previous year, the firm posted $0.51 earnings per share. The company's revenue was up 10.0% on a year-over-year basis.

Institutional Investors Weigh In On Hercules Capital

Large investors have recently made changes to their positions in the stock. Bessemer Group Inc. purchased a new stake in shares of Hercules Capital during the first quarter valued at $38,000. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Hercules Capital by 12.9% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 499,699 shares of the financial services provider's stock valued at $9,599,000 after buying an additional 56,932 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Hercules Capital by 2.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 32,832 shares of the financial services provider's stock valued at $631,000 after buying an additional 628 shares during the last quarter. Royal Bank of Canada boosted its holdings in Hercules Capital by 2.0% in the first quarter. Royal Bank of Canada now owns 804,077 shares of the financial services provider's stock valued at $15,446,000 after purchasing an additional 15,724 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in Hercules Capital by 26.5% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 22,405 shares of the financial services provider's stock valued at $432,000 after purchasing an additional 4,688 shares during the last quarter. 19.69% of the stock is owned by hedge funds and other institutional investors.

Hercules Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 19th. Stockholders of record on Tuesday, August 12th were issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 10.8%. This is a boost from Hercules Capital's previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Tuesday, August 12th. Hercules Capital's dividend payout ratio is presently 105.96%.

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.

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