Hercules Capital - HTGC Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hercules Capital in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HTGC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HTGC, but not buy additional shares or sell existing shares.
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7 Wall Street research analysts have issued 1 year price targets for Hercules Capital's shares. Their HTGC share price forecasts range from $14.50 to $18.00. On average, they expect the company's share price to reach $15.86 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price.
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Hercules Capital's stock was trading at $13.22 at the beginning of 2023. Since then, HTGC shares have increased by 11.6% and is now trading at $14.76.
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Hercules Capital saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 6,790,000 shares, a decline of 10.1% from the December 31st total of 7,550,000 shares. Based on an average daily trading volume, of 870,200 shares, the short-interest ratio is currently 7.8 days.
View Hercules Capital's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our HTGC earnings forecast.

Hercules Capital will be holding an earnings conference call on Thursday, February 16th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Hercules Capital, Inc. (NYSE:HTGC) announced its quarterly earnings data on Thursday, October, 28th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.01. The financial services provider earned $70.19 million during the quarter, compared to analysts' expectations of $71.13 million. Hercules Capital had a net margin of 14.72% and a trailing twelve-month return on equity of 12.47%. The business's revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.34 EPS.

Hercules Capital declared a quarterly dividend on Tuesday, October 18th. Stockholders of record on Thursday, November 10th will be paid a dividend of $0.36 per share on Thursday, November 17th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 9.76%. The ex-dividend date is Wednesday, November 9th. This is an increase from the stock's previous quarterly dividend of $0.35.
Read our dividend analysis for HTGC.

Hercules Capital (NYSE:HTGC) pays an annual dividend of $1.44 per share and currently has a dividend yield of 9.65%. 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 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 450.00%. 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 82.29% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for HTGC.

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hercules Capital investors own include AT&T (T), New Residential Investment (NRZ), Energy Transfer (ET), Ares Capital (ARCC), Main Street Capital (MAIN), Prospect Capital (PSEC), Enterprise Products Partners (EPD), Verizon Communications (VZ), Annaly Capital Management (NLY) and Pfizer (PFE).

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

Hercules Capital's stock is owned by a number of institutional and retail investors. Top institutional investors include Sound Income Strategies LLC (1.88%), Gilman Hill Asset Management LLC (0.49%), Mckinley Capital Management LLC Delaware (0.31%), Sumitomo Mitsui Trust Holdings Inc. (0.29%), Security National Bank (0.26%) and Janney Montgomery Scott LLC (0.22%). Insiders that own company stock include Carol L Foster, Christian Follmann, Gayle A Crowell, Scott Bluestein, Thomas J Fallon and Wade Loo.
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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.
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One share of HTGC stock can currently be purchased for approximately $14.76.

Hercules Capital (NYSE:HTGC) has a market capitalization of $1.92 billion and generates $126.37 million in revenue each year. The financial services provider earns $174.15 million in net income (profit) each year or $0.32 on an earnings per share basis.

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.