S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
S&P 500   4,023.89
DOW   32,196.66
QQQ   301.94
NYSE:HTGC

Hercules Capital (HTGC) Stock Forecast, Price & News

$15.20
+0.17 (+1.13%)
(As of 05/13/2022 06:40 PM ET)
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Today's Range
$15.00
$15.44
50-Day Range
$15.03
$18.91
52-Week Range
$14.82
$19.09
Volume
2.17 million shs
Average Volume
1.42 million shs
Market Capitalization
$1.88 billion
P/E Ratio
17.88
Dividend Yield
8.68%
Beta
1.36
30 days | 90 days | 365 days | Advanced Chart
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Hercules Capital logo

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. The firm provides growth capital financing solutions for capital extension; management buy-out and corporate spin-out financing solutions; company, asset specific, or intellectual property acquisition financing; convertible, subordinated and/or mezzanine loans; domestic and international corporate expansion; vendor financing; revenue acceleration by sales and marketing development, and manufacturing expansion. It provides asset-based financing with a focus on cash flow; accounts receivable facilities; equipment loans or leases; equipment acquisition; facilities build-out and/or expansion; working capital revolving lines of credit; inventory. The firm also provides bridge financing to IPO or mergers and acquisitions or technology acquisition; dividend recapitalizations and other sources of investor liquidity; cash flow financing to protect against share price volatility; competitor acquisition; pre-IPO financing for extra cash on the balance sheet; public company financing to continue asset growth and production capacity; short-term bridge financing; and strategic and intellectual property acquisition financings. It also focuses on customized financing solutions, emerging growth, mid venture, and late venture financing. The firm invests primarily in structured debt with warrants and, to a lesser extent, in senior debt and equity investments. The firm generally seeks to invest in companies that have been operating for at least six to 12 months prior to the date of their investment. It prefers to invest in technology, energy technology, sustainable and renewable technology, and life sciences. Within technology the firm focuses on advanced specialty materials and chemicals; communication and networking, consumer and business products; consumer products and services, digital media and consumer internet; electronics and computer hardware; enterprise software and services; gaming; healthcare services; information services; business services; media, content and information; mobile; resource management; security software; semiconductors; semiconductors and hardware; and software sector. Within energy technology, it invests in agriculture; clean technology; energy and renewable technology, fuels and power technology; geothermal; smart grid and energy efficiency and monitoring technologies; solar; and wind. Within life sciences, the firm invests in biopharmaceuticals; biotechnology tools; diagnostics; drug discovery, development and delivery; medical devices and equipment; surgical devices; therapeutics; pharma services; and specialty pharmaceuticals. It also invests in educational services. The firm invests primarily in United States based companies and considers investment in the West Coast, Mid-Atlantic regions, Southeast and Midwest; particularly in the areas of software, biotech and information services. The firm prefers to invest between $10 million to $250 million in equity per transactions. It invests generally between $1 million to $40 million in companies focused primarily on business services, communications, electronics, hardware, and healthcare services. The firm invests primarily in private companies but also have investments in public companies. For equity investments, the firm seeks to represent a controlling interest in its portfolio companies which may exceed 25% of the voting securities of such companies. The firm seeks to invest a limited portion of its assets in equipment-based loans to early-stage prospective portfolio companies. These loans are generally for amounts up to $3 million but may be up to $15 million for certain energy technology venture investments. The firm allows certain debt investments have the right to convert a portion of the debt investment into equity. It also co-invests with other private equity firms. The firm seeks to exit its investments through initial public offering, a private sale of equity interest to a third party, a merger or an acquisition of the company or a purchase of the equity position by the company or one of its stockholders. The firm has structured debt with warrants which typically have maturities of between two and seven years with an average of three years; senior debt with an investment horizon of less than three years; equipment loans with an investment horizon ranging from three to four years; and equity related securities with an investment horizon ranging from three to seven years. The firm prefers to invest through its balance sheet capital. The firm formerly known as Hercules Technology Growth Capital, Inc. Hercules Capital, Inc. was founded in December 2003 and is based in Palo Alto, California with additional offices in Connecticut; Boston, Massachusetts; San Diego, California; Westport, Connecticut; Elmhurst, Illinois; Santa Monica, California; McLean, Virginia; New York, New York; Radnor, Pennsylvania; and Washington, District of Columbia and London, United Kingdom.

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Industry, Sector and Symbol

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

Sales & Book Value

Annual Sales
$280.98 million
Cash Flow
$1.35 per share
Book Value
$11.29 per share

Profitability

Net Income
$174.15 million
Pretax Margin
53.37%

Debt

Price-To-Earnings

Miscellaneous

Free Float
122,145,000
Market Cap
$1.88 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/16 Dividend
3/08/2022
Dividend Payable
3/16/2022
Last Earnings
5/05/2022
Today
5/16/2022
Ex-Dividend for 5/24 Dividend
5/16/2022
Dividend Payable
5/24/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.50 out of 5 stars

Finance Sector

428th out of 1,349 stocks

Investment Offices, Not Elsewhere Classified Industry

1st out of 146 stocks

Analyst Opinion: 2.3Community Rank: 4.4Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -













Hercules Capital (NYSE:HTGC) Frequently Asked Questions

Is Hercules Capital a buy right now?

7 Wall Street 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 research analysts is that investors should "buy" Hercules Capital stock.
View analyst ratings for Hercules Capital
or view top-rated stocks.

Are investors shorting Hercules Capital?

Hercules Capital saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 3,770,000 shares, an increase of 20.4% from the March 31st total of 3,130,000 shares. Based on an average daily volume of 1,250,000 shares, the days-to-cover ratio is currently 3.0 days.
View Hercules Capital's Short Interest
.

When is Hercules Capital's next earnings date?

Hercules Capital is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Hercules Capital
.

How were Hercules Capital's earnings last quarter?

Hercules Capital, Inc. (NYSE:HTGC) posted its quarterly earnings results on Thursday, May, 5th. The financial services provider reported $0.30 EPS for the quarter, missing analysts' consensus estimates of $0.31 by $0.01. The financial services provider had revenue of $62.25 million for the quarter, compared to analysts' expectations of $69.09 million. Hercules Capital had a net margin of 38.45% and a trailing twelve-month return on equity of 11.33%. Hercules Capital's quarterly revenue was down 2.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.29 earnings per share.
View Hercules Capital's earnings history
.

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

Hercules Capital announced a quarterly dividend on Wednesday, May 4th. Stockholders of record on Tuesday, May 17th will be paid a dividend of $0.33 per share on Tuesday, May 24th. This represents a $1.32 annualized dividend and a dividend yield of 8.68%. The ex-dividend date of this dividend is Monday, May 16th.
View Hercules Capital's dividend history
.

Is Hercules Capital a good dividend stock?

Hercules Capital pays an annual dividend of $1.32 per share and currently has a dividend yield of 8.68%. HTGC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Hercules Capital does not yet have a strong track record of dividend growth. The dividend payout ratio of Hercules Capital is 155.30%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Hercules Capital will have a dividend payout ratio of 86.84% in the coming year. This indicates that Hercules Capital may not be able to sustain their current dividend.
View Hercules Capital's dividend history.

What price target have analysts set for HTGC?

7 Wall Street analysts have issued twelve-month price targets for Hercules Capital's stock. Their forecasts range from $18.00 to $19.00. On average, they anticipate Hercules Capital's stock price to reach $18.54 in the next twelve months. This suggests a possible upside of 21.9% from the stock's current price.
View analysts' price targets for Hercules Capital
or view top-rated stocks among Wall Street analysts.

Who are Hercules Capital's key executives?
Hercules Capital's management team includes the following people:
  • Mr. Scott Bluestein, CEO, Chief Investment Officer, Pres & Director (Age 44, Pay $3.88M)
  • Mr. Seth Hardy Meyer, CFO & Chief Accounting Officer (Age 53, Pay $1.42M)
  • Mr. Christian Follmann, Chief Operating Officer (Age 39)
  • Mr. Steve Kuo, Sr. MD & Group Head of Technology (Age 47)
  • Mr. Michael W. Hara, Managing Director of Investor Relations & Corp. Communications
  • Ms. Kiersten Zaza Botelho, Gen. Counsel & Chief Compliance Officer (Age 36)
  • Ms. Stephanie Lau-Chen, VP of HR
  • Mr. Roy Y. Liu, Managing Director (Age 61)
  • Mr. R. Bryan Jadot, Sr. MD & Group Head of Life Sciences (Age 58)
  • Mr. Michael Bowden, Managing Director of Portfolio Management
What is Scott Bluestein's approval rating as Hercules Capital's CEO?

3 employees have rated Hercules Capital CEO Scott Bluestein on Glassdoor.com. Scott Bluestein has an approval rating of 71% among Hercules Capital'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 variety of retail and institutional investors. Top institutional shareholders include Sound Income Strategies LLC (1.71%), Van ECK Associates Corp (1.51%), Border to Coast Pensions Partnership Ltd (1.00%), Advisors Capital Management LLC (0.71%), Leeward Investments LLC MA (0.64%) and BlackRock Inc. (0.61%). Company insiders that own Hercules Capital stock include Carol L Foster, Gayle A Crowell, Scott Bluestein, Thomas J Fallon and Wade Loo.
View institutional ownership trends for Hercules Capital
.

Which institutional investors are selling Hercules Capital stock?

HTGC stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Bank of New York Mellon Corp, North Star Investment Management Corp., Raymond James & Associates, BlackRock Inc., SG Americas Securities LLC, LSV Asset Management, and Centaurus Financial Inc..
View insider buying and selling activity for Hercules Capital
or view top insider-selling stocks.

Which institutional investors are buying Hercules Capital stock?

HTGC stock was purchased by a variety of institutional investors in the last quarter, including Border to Coast Pensions Partnership Ltd, Leeward Investments LLC MA, Van ECK Associates Corp, Aigen Investment Management LP, Group One Trading L.P., PNC Financial Services Group Inc., Private Advisor Group LLC, and Cambridge Investment Research Advisors Inc.. Company insiders that have bought Hercules Capital stock in the last two years include Carol L Foster, Gayle A Crowell, Thomas J Fallon, and Wade Loo.
View insider buying and selling activity for Hercules Capital
or or view top insider-buying stocks.

How do I buy shares of Hercules Capital?

Shares of HTGC 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 $15.20.

How much money does Hercules Capital make?

Hercules Capital has a market capitalization of $1.88 billion and generates $280.98 million in revenue each year. The financial services provider earns $174.15 million in net income (profit) each year or $0.849990 on an earnings per share basis.

How many employees does Hercules Capital have?

Hercules Capital employs 90 workers across the globe.

When was Hercules Capital founded?

Hercules Capital was founded in 2003.

What is Hercules Capital's official website?

The official website for Hercules Capital is www.htgc.com.

How can I contact Hercules Capital?

Hercules Capital's mailing address is 400 HAMILTON AVE SUITE 310, PALO ALTO CA, 94301. The financial services provider can be reached via phone at (650) 289-3060, via email at [email protected], or via fax at 650-473-9194.

This page was last updated on 5/16/2022 by MarketBeat.com Staff

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