S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
20 Best Healthcare Dividend Stocks to Invest in
How to Invest in AI's Fast-Growing Market (Ad)
Nordstrom's Earnings Beat, A Rally In The Making
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
How to Invest in AI's Fast-Growing Market (Ad)
What is the Penalty for Excess Contributions to an IRA?
Chewy.com Gets A Mouthful Of Profits: Shares Surge, More To Come
How to Invest in AI's Fast-Growing Market (Ad)
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
Okta, Inc: When Great Results Aren’t Good Enough 
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
20 Best Healthcare Dividend Stocks to Invest in
How to Invest in AI's Fast-Growing Market (Ad)
Nordstrom's Earnings Beat, A Rally In The Making
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
How to Invest in AI's Fast-Growing Market (Ad)
What is the Penalty for Excess Contributions to an IRA?
Chewy.com Gets A Mouthful Of Profits: Shares Surge, More To Come
How to Invest in AI's Fast-Growing Market (Ad)
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
Okta, Inc: When Great Results Aren’t Good Enough 
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
20 Best Healthcare Dividend Stocks to Invest in
How to Invest in AI's Fast-Growing Market (Ad)
Nordstrom's Earnings Beat, A Rally In The Making
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
How to Invest in AI's Fast-Growing Market (Ad)
What is the Penalty for Excess Contributions to an IRA?
Chewy.com Gets A Mouthful Of Profits: Shares Surge, More To Come
How to Invest in AI's Fast-Growing Market (Ad)
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
Okta, Inc: When Great Results Aren’t Good Enough 
S&P 500   4,221.02
DOW   33,061.57
QQQ   352.01
20 Best Healthcare Dividend Stocks to Invest in
How to Invest in AI's Fast-Growing Market (Ad)
Nordstrom's Earnings Beat, A Rally In The Making
Money stored in Venmo and other payment apps could be vulnerable, financial watchdog warns
How to Invest in AI's Fast-Growing Market (Ad)
What is the Penalty for Excess Contributions to an IRA?
Chewy.com Gets A Mouthful Of Profits: Shares Surge, More To Come
How to Invest in AI's Fast-Growing Market (Ad)
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
Okta, Inc: When Great Results Aren’t Good Enough 
NYSE:HTGC

Hercules Capital (HTGC) Stock Forecast, Price & News

$14.60
+0.14 (+0.97%)
(As of 06/1/2023 ET)
Compare
Today's Range
$14.32
$14.63
50-Day Range
$12.38
$14.77
52-Week Range
$10.94
$16.28
Volume
855,508 shs
Average Volume
1.32 million shs
Market Capitalization
$2.08 billion
P/E Ratio
9.94
Dividend Yield
10.68%
Price Target
$14.71

Hercules Capital MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
0.7% Upside
$14.71 Price Target
Short Interest
Bearish
8.52% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.11mentions of Hercules Capital in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$152,399 Bought Last Quarter
Proj. Earnings Growth
-1.55%
From $1.94 to $1.91 Per Share

Overall MarketRank

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

1.61 out of 5 stars

Finance Sector

1651st out of 1,784 stocks

Investment Offices, Not Elsewhere Classified Industry

11th out of 18 stocks


HTGC stock logo

About Hercules Capital (NYSE:HTGC) Stock

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.

Receive HTGC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Hercules Capital and its competitors with MarketBeat's FREE daily newsletter.

HTGC Stock News Headlines

The Graphite Shortage Story You're Not Being Told
Graphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security.
Hercules Capital (NYSE:HTGC) Stock Price Down 2.2%
Hercules Capital (NYSE: HTGC)
How to Invest in AI's Fast-Growing Market
The AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.
8-K: Hercules Capital, Inc.
See More Headlines

HTGC Price History

HTGC Company Calendar

Last Earnings
2/16/2023
Ex-Dividend for 3/9 Dividend
3/01/2023
Dividend Payable
3/09/2023
Ex-Dividend for 5/23 Dividend
5/15/2023
Dividend Payable
5/23/2023
Today
6/02/2023
Next Earnings (Estimated)
7/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Investment offices, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
CUSIP
42709650
Employees
90
Year Founded
2003

Price Target and Rating

Average Stock Price Forecast
$14.71
High Stock Price Forecast
$17.00
Low Stock Price Forecast
$10.50
Forecasted Upside/Downside
+0.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$102.08 million
Pretax Margin
60.22%

Debt

Sales & Book Value

Annual Sales
$321.69 million
Cash Flow
$1.47 per share
Book Value
$10.52 per share

Miscellaneous

Free Float
140,433,000
Market Cap
$2.08 billion
Optionable
Optionable
Beta
1.41

Key Executives

  • Scott Bluestein
    President, Chief Executive Officer & Director
  • Christian Follmann
    Chief Operating Officer
  • Seth H. Meyer
    Chief Financial & Accounting Officer
  • Steve Kuo
    Senior Managing Director & Group Head-Technology
  • Kiersten Zaza Botelho
    Secretary & Chief Compliance Officer













HTGC Stock - Frequently Asked Questions

Should I buy or sell Hercules Capital stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hercules Capital in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HTGC shares.
View HTGC analyst ratings
or view top-rated stocks.

What is Hercules Capital's stock price forecast for 2023?

6 brokerages have issued twelve-month target prices for Hercules Capital's stock. Their HTGC share price forecasts range from $10.50 to $17.00. On average, they predict the company's stock price to reach $14.71 in the next year. This suggests a possible upside of 0.7% 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 on January 1st, 2023. Since then, HTGC shares have increased by 10.5% and is now trading at $14.6050.
View the best growth stocks for 2023 here
.

Are investors shorting Hercules Capital?

Hercules Capital saw a increase in short interest in April. As of April 30th, there was short interest totaling 10,170,000 shares, an increase of 5.9% from the April 15th total of 9,600,000 shares. Based on an average daily trading volume, of 1,920,000 shares, the days-to-cover ratio is presently 5.3 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, July 27th 2023.
View our HTGC earnings forecast
.

How were Hercules Capital's earnings last quarter?

Hercules Capital, Inc. (NYSE:HTGC) announced its quarterly earnings data on Thursday, February, 16th. The financial services provider reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.42 by $0.05. The financial services provider earned $100.19 million during the quarter, compared to analysts' expectations of $91.34 million. Hercules Capital had a net margin of 55.30% and a trailing twelve-month return on equity of 15.58%. During the same period in the previous year, the business posted $0.35 earnings per share.

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

Hercules Capital announced a quarterly dividend on Tuesday, May 2nd. Stockholders of record on Tuesday, May 16th will be paid a dividend of $0.47 per share on Tuesday, May 23rd. This represents a $1.88 annualized dividend and a dividend yield of 12.87%. The ex-dividend date is Monday, May 15th. This is a boost from the stock's previous quarterly dividend of $0.39.
Read our dividend analysis for HTGC
.

Is Hercules Capital a good dividend stock?

Hercules Capital (NYSE:HTGC) pays an annual dividend of $1.56 per share and currently has a dividend yield of 10.56%. 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 106.12%. 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 81.68% 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?
What is Hercules Capital's stock symbol?

Hercules Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "HTGC."

Who are Hercules Capital's major shareholders?

Hercules Capital's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Sound Income Strategies LLC (1.74%), Van ECK Associates Corp (1.25%), Advisors Capital Management LLC (0.73%), Raymond James & Associates (0.64%), BlackRock Inc. (0.58%) and Gilman Hill Asset Management LLC (0.47%). Insiders that own company stock include Carol L Foster, 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.

What is Hercules Capital's stock price today?

One share of HTGC stock can currently be purchased for approximately $14.61.

How much money does Hercules Capital make?

Hercules Capital (NYSE:HTGC) has a market capitalization of $2.08 billion and generates $321.69 million in revenue each year. The financial services provider earns $102.08 million in net income (profit) each year or $1.47 on an earnings per share basis.

How can I contact Hercules Capital?

Hercules Capital's mailing address is 400 HAMILTON AVE SUITE 310, PALO ALTO CA, 94301. The official website for the company is www.htgc.com. The financial services provider can be reached via phone at (650) 289-3060, via email at mhara@htgc.com, or via fax at 650-473-9194.

This page (NYSE:HTGC) was last updated on 6/2/2023 by MarketBeat.com Staff

My Account -