Zacks Research Has Positive Outlook for HTGC Q3 Earnings

Hercules Capital, Inc. (NYSE:HTGC) – Equities researchers at Zacks Research upped their Q3 2025 EPS estimates for Hercules Capital in a research note issued on Thursday, October 17th. Zacks Research analyst R. Department now forecasts that the financial services provider will earn $0.52 per share for the quarter, up from their previous estimate of $0.51. The consensus estimate for Hercules Capital’s current full-year earnings is $2.03 per share.

Hercules Capital (NYSE:HTGC) last posted its earnings results on Thursday, August 1st. The financial services provider reported $0.51 EPS for the quarter, hitting analysts’ consensus estimates of $0.51. The business had revenue of $125.01 million during the quarter, compared to the consensus estimate of $124.99 million. Hercules Capital had a net margin of 57.82% and a return on equity of 18.03%. During the same quarter in the previous year, the firm posted $0.53 EPS.

A number of other equities research analysts also recently issued reports on the company. JMP Securities boosted their price target on Hercules Capital from $20.00 to $22.00 and gave the company a “market outperform” rating in a research note on Tuesday, July 30th. Piper Sandler boosted their target price on shares of Hercules Capital from $22.00 to $22.50 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Finally, Wells Fargo & Company upped their target price on shares of Hercules Capital from $20.00 to $22.00 and gave the company an “overweight” rating in a report on Friday, July 26th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Hercules Capital presently has an average rating of “Moderate Buy” and an average target price of $20.00.

Hercules Capital Stock Up 0.2 %

Hercules Capital stock opened at $20.18 on Monday. Hercules Capital has a one year low of $15.02 and a one year high of $21.78. The stock has a fifty day moving average of $19.22 and a 200 day moving average of $19.54. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.42 and a current ratio of 1.42. The stock has a market cap of $3.27 billion, a PE ratio of 9.17 and a beta of 1.39.

Hercules Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 20th. Investors of record on Tuesday, August 13th were issued a $0.48 dividend. The ex-dividend date was Tuesday, August 13th. This represents a $1.92 dividend on an annualized basis and a yield of 9.51%. Hercules Capital’s dividend payout ratio is presently 72.73%.

Insider Buying and Selling at Hercules Capital

In related news, Director Nikos Theodosopoulos bought 1,608 shares of the stock in a transaction dated Tuesday, August 6th. The shares were purchased at an average price of $18.03 per share, with a total value of $28,992.24. Following the completion of the acquisition, the director now owns 5,613 shares of the company’s stock, valued at $101,202.39. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Nikos Theodosopoulos bought 1,608 shares of Hercules Capital stock in a transaction dated Tuesday, August 6th. The shares were purchased at an average cost of $18.03 per share, with a total value of $28,992.24. Following the completion of the acquisition, the director now owns 5,613 shares of the company’s stock, valued at $101,202.39. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Scott Bluestein sold 100,000 shares of the business’s stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of $19.59, for a total value of $1,959,000.00. Following the completion of the sale, the chief executive officer now owns 2,161,207 shares in the company, valued at $42,338,045.13. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Global Assets Advisory LLC lifted its position in Hercules Capital by 1,920.8% during the first quarter. Global Assets Advisory LLC now owns 221,051 shares of the financial services provider’s stock valued at $4,078,000 after purchasing an additional 210,112 shares during the last quarter. Naviter Wealth LLC purchased a new stake in shares of Hercules Capital during the 1st quarter valued at about $1,701,000. NBC Securities Inc. lifted its holdings in shares of Hercules Capital by 154.8% in the 1st quarter. NBC Securities Inc. now owns 2,624 shares of the financial services provider’s stock valued at $48,000 after acquiring an additional 1,594 shares during the last quarter. Mackenzie Financial Corp grew its position in Hercules Capital by 77.0% in the second quarter. Mackenzie Financial Corp now owns 31,632 shares of the financial services provider’s stock worth $647,000 after acquiring an additional 13,765 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in Hercules Capital by 170.7% during the first quarter. Cetera Investment Advisers now owns 126,789 shares of the financial services provider’s stock worth $2,339,000 after acquiring an additional 79,947 shares during the last quarter. 19.69% of the stock is owned by hedge funds and other institutional investors.

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.