Zacks Research Cuts Earnings Estimates for Hercules Capital

Hercules Capital, Inc. (NYSE:HTGC) – Research analysts at Zacks Research cut their Q2 2025 earnings estimates for Hercules Capital in a research report issued to clients and investors on Monday, December 30th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $0.48 per share for the quarter, down from their prior estimate of $0.49. The consensus estimate for Hercules Capital’s current full-year earnings is $2.01 per share. Zacks Research also issued estimates for Hercules Capital’s FY2025 earnings at $1.95 EPS and FY2026 earnings at $1.98 EPS.

HTGC has been the subject of a number of other reports. Wells Fargo & Company boosted their price target on shares of Hercules Capital from $20.00 to $21.00 and gave the company an “overweight” rating in a research report on Tuesday, October 29th. JMP Securities reissued a “market outperform” rating and issued a $22.00 target price on shares of Hercules Capital in a research report on Friday, December 6th. Finally, Keefe, Bruyette & Woods upgraded Hercules Capital from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $19.50 to $21.50 in a research note on Thursday, December 12th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Hercules Capital has an average rating of “Moderate Buy” and a consensus price target of $20.90.

Hercules Capital Trading Up 0.3 %

NYSE:HTGC opened at $20.09 on Wednesday. Hercules Capital has a 1 year low of $16.51 and a 1 year high of $21.78. The stock has a market cap of $3.26 billion, a P/E ratio of 9.95 and a beta of 1.36. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.61 and a current ratio of 1.61. The stock has a 50-day simple moving average of $19.37 and a 200-day simple moving average of $19.64.

Hercules Capital (NYSE:HTGC) last issued its earnings results on Wednesday, October 30th. The financial services provider reported $0.51 earnings per share for the quarter, meeting the consensus estimate of $0.51. Hercules Capital had a net margin of 65.07% and a return on equity of 17.88%. The firm had revenue of $125.25 million for the quarter, compared to analysts’ expectations of $125.80 million. During the same quarter last year, the company earned $0.52 earnings per share.

Hercules Capital Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 13th were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $1.92 annualized dividend and a dividend yield of 9.56%. Hercules Capital’s payout ratio is currently 79.21%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Concurrent Investment Advisors LLC increased its position in shares of Hercules Capital by 40.9% in the second quarter. Concurrent Investment Advisors LLC now owns 37,493 shares of the financial services provider’s stock valued at $767,000 after buying an additional 10,886 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Hercules Capital by 11.2% in the second quarter. Commonwealth Equity Services LLC now owns 330,643 shares of the financial services provider’s stock valued at $6,762,000 after purchasing an additional 33,297 shares in the last quarter. D.A. Davidson & CO. grew its position in shares of Hercules Capital by 6.8% in the second quarter. D.A. Davidson & CO. now owns 265,027 shares of the financial services provider’s stock valued at $5,420,000 after purchasing an additional 16,912 shares during the last quarter. Autumn Glory Partners LLC acquired a new position in shares of Hercules Capital during the 2nd quarter worth approximately $215,000. Finally, Legacy Capital Wealth Partners LLC purchased a new stake in Hercules Capital in the 2nd quarter valued at approximately $2,005,000. 19.69% of the stock is currently owned by institutional investors and hedge funds.

Hercules Capital Company Profile

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.