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S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled

Hercules Capital Stock Price, News & Analysis (NYSE:HTGC)

$15.44
-0.11 (-0.71%)
(As of 11/30/2023 ET)
Compare
Today's Range
$15.25
$15.66
50-Day Range
$15.09
$16.55
52-Week Range
$10.94
$18.05
Volume
5.70 million shs
Average Volume
1.25 million shs
Market Capitalization
$2.33 billion
P/E Ratio
7.72
Dividend Yield
10.36%
Price Target
$17.25

Hercules Capital MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
11.7% Upside
$17.25 Price Target
Short Interest
Bearish
4.94% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.47mentions of Hercules Capital in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-1.48%
From $2.03 to $2.00 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.66 out of 5 stars

Finance Sector

762nd out of 857 stocks

Investment Offices, Not Elsewhere Classified Industry

6th out of 8 stocks


HTGC stock logo

About Hercules Capital Stock (NYSE:HTGC)

Hercules Capital, Inc. is a leading specialty finance company based in Palo Alto, California. The company provides venture debt financing to start-up and early-stage companies in the technology, life sciences, and renewable energy sectors. Hercules Capital has a diverse portfolio of over 450 companies, including many well-known names in the tech industry. The company was founded in 2003 and has provided its clients with over $11 billion in financing. In 2021, Hercules Capital was recognized by Silicon Valley Business Journal as one of the Bay Area's fastest-growing public companies.

Manuel A. Henriquez, the founder and Executive Chairman, led the company for many years as Chief Executive Officer. He has over 30 years of experience in the venture capital industry and has been instrumental in driving the growth of Hercules Capital. In early 2021, Scott Bluestein was appointed the CEO, bringing extensive experience in financial services and technology. The management team also includes experienced finance, investment, and operations professionals, providing the company with a strong foundation for growth and success.

Hercules Capital has maintained strong financial performance over the past few years. The company reports net investment income up yearly for the past several years. The company's net investment portfolio has grown significantly over several years. Hercules Capital has a strong balance sheet, with manageable debt levels and in line with industry standards. The company has consistently paid dividends to its shareholders, providing a steady source of income for investors. Hercules Capital's valuation metrics are competitive with industry peers. The company's price-to-earnings ratio and price-to-book are slightly below industry averages. These metrics suggest that Hercules Capital's stock is attractively priced relative to its peers, presenting an opportunity for investors. Hercules Capital's stock has performed well in recent years, reflecting the company's strong financial performance and strategic positioning. The stock has also consistently outperformed the S&P 500 index, demonstrating the market's confidence in the company's prospects.

Hercules Capital operates in the specialty finance industry, funding companies typically not served by traditional banks or financial institutions. The industry is highly competitive, with many players vying for market share. However, Hercules Capital has a strong track record of success and a well-established reputation in the industry, positioning the company for continued growth. The industry is also subject to regulatory and political risks, which could impact the ability of companies to raise capital and achieve their growth objectives.

Hercules Capital has identified several potential growth opportunities, including expanding its lending activities into new markets and sectors. The company has also been actively pursuing acquisitions of complementary businesses, which could diversify its revenue streams and provide additional growth potential. Additionally, the company has been investing in emerging technologies, such as blockchain and artificial intelligence, which could offer new opportunities for growth and innovation.

Like any company, Hercules Capital faces risks and challenges that could impact its financial performance and growth prospects. One of the key risks is the potential for changes in consumer preferences or market conditions, which could affect the demand for its services. Additionally, the industry is subject to regulatory and political risks that could impact the availability and cost of funding and the economy's overall health. Another potential risk is the impact of interest rate fluctuations on the company's cost of capital and profitability.

Furthermore, the company's success is closely tied to the performance of its portfolio companies. Any adverse developments or challenges these companies face could decrease the value of the company's investment portfolio and thus impact Hercules Capital's financial performance.

In addition, the company operates in a highly competitive industry, where it faces competition from other specialty finance companies and traditional banks and financial institutions. If the company cannot differentiate itself and maintain its competitive advantage, it may lose market share and experience a decline in financial performance.

HTGC Stock Price History

HTGC Stock News Headlines

Rise in Customized Financing Aids Hercules Capital (HTGC)
The Only Practical Solution to the World’s Looming Energy Crisis
There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!
Hercules Capital (NYSE:HTGC) Now Covered by Analysts at UBS Group
The Only Practical Solution to the World’s Looming Energy Crisis
There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!
Hercules Capital: 10% Yield, My Largest BDC Position
Hercules Capital: Q3 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
11/02/2023
Ex-Dividend for 11/22 Dividend
11/14/2023
Dividend Payable
11/22/2023
Today
11/30/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/15/2024

Industry, Sector and Symbol

Industry
Investment offices, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
CUSIP
42709650
Employees
100
Year Founded
2003

Price Target and Rating

Average Stock Price Target
$17.25
High Stock Price Target
$18.50
Low Stock Price Target
$15.00
Potential Upside/Downside
+10.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$102.08 million
Pretax Margin
63.92%

Debt

Sales & Book Value

Annual Sales
$321.69 million
Cash Flow
$1.49 per share
Book Value
$10.93 per share

Miscellaneous

Free Float
147,361,000
Market Cap
$2.35 billion
Optionable
Optionable
Beta
1.40
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Key Executives

  • Mr. Scott Bluestein (Age 45)
    CEO, Chief Investment Officer, President & Director
    Comp: $3.67M
  • Mr. Seth Hardy Meyer (Age 54)
    Chief Financial Officer
    Comp: $1.45M
  • Mr. Christian Follmann (Age 40)
    Chief Operating Officer
    Comp: $630.5k
  • Ms. Kiersten Zaza Botelho (Age 37)
    Corporate Secretary, General Counsel & Chief Compliance Officer
    Comp: $618k
  • Mr. Steve Kuo (Age 48)
    Senior MD & Group Head of Technology
  • Mr. Michael W. Hara
    Managing Director of Investor Relations & Corporate Communications
  • Ms. Kate Kinlin
    VP of Human Resources
  • Mr. Roy Y. Liu (Age 62)
    Managing Director
  • Mr. R. Bryan Jadot (Age 59)
    Senior MD & Group Head of Life Sciences
  • Mr. Michael Bowden
    Managing Director of Portfolio Management














HTGC Stock Analysis - Frequently Asked Questions

Should I buy or sell Hercules Capital stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hercules Capital in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HTGC shares.
View HTGC analyst ratings
or view top-rated stocks.

What is Hercules Capital's stock price target for 2024?

7 brokers have issued 12 month price objectives for Hercules Capital's shares. Their HTGC share price targets range from $15.00 to $18.50. On average, they anticipate the company's share price to reach $17.25 in the next year. This suggests a possible upside of 11.7% from the stock's current price.
View analysts price targets for HTGC
or view top-rated stocks among Wall Street analysts.

How have HTGC shares performed in 2023?

Hercules Capital's stock was trading at $13.22 at the start of the year. Since then, HTGC stock has increased by 16.8% and is now trading at $15.44.
View the best growth stocks for 2023 here
.

Are investors shorting Hercules Capital?

Hercules Capital saw a increase in short interest in November. As of November 15th, there was short interest totaling 7,460,000 shares, an increase of 6.3% from the October 31st total of 7,020,000 shares. Based on an average trading volume of 904,700 shares, the days-to-cover ratio is presently 8.2 days.
View Hercules Capital's Short Interest
.

When is Hercules Capital's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our HTGC earnings forecast
.

How were Hercules Capital's earnings last quarter?

Hercules Capital, Inc. (NYSE:HTGC) posted its quarterly earnings data on Thursday, November, 2nd. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. The financial services provider had revenue of $116.74 million for the quarter, compared to the consensus estimate of $113.22 million. Hercules Capital had a trailing twelve-month return on equity of 18.26% and a net margin of 63.85%.

How often does Hercules Capital pay dividends? What is the dividend yield for Hercules Capital?

Hercules Capital declared a quarterly dividend on Tuesday, October 31st. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.48 per share on Wednesday, November 22nd. This represents a $1.92 annualized dividend and a dividend yield of 12.44%. The ex-dividend date of this dividend is Tuesday, November 14th.
Read our dividend analysis for HTGC
.

Is Hercules Capital a good dividend stock?

Hercules Capital (NYSE:HTGC) pays an annual dividend of $1.60 per share and currently has a dividend yield of 10.26%. HTGC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 80.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, HTGC will have a dividend payout ratio of 80.00% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for HTGC.

What is Scott Bluestein's approval rating as Hercules Capital's CEO?

3 employees have rated Hercules Capital Chief Executive Officer Scott Bluestein on Glassdoor.com. Scott Bluestein has an approval rating of 71% among the company's employees.

What other stocks do shareholders of Hercules Capital own?
Who are Hercules Capital's major shareholders?

Hercules Capital's stock is owned by a number of retail and institutional investors. Top institutional investors include Sound Income Strategies LLC (1.74%), Van ECK Associates Corp (1.41%), Morgan Stanley (0.72%), Legal & General Group Plc (0.68%), Advisors Capital Management LLC (0.67%) and Raymond James & Associates (0.62%). Insiders that own company stock include Christian Follmann, Gayle A Crowell, Scott Bluestein, Thomas J Fallon and Wade Loo.
View institutional ownership trends
.

How do I buy shares of Hercules Capital?

Shares of HTGC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:HTGC) was last updated on 12/1/2023 by MarketBeat.com Staff

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