Zacks Research Lifts Earnings Estimates for Hercules Capital

Hercules Capital, Inc. (NYSE:HTGC) – Zacks Research increased their Q4 2025 earnings per share (EPS) estimates for Hercules Capital in a research report issued on Thursday, March 13th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $0.51 per share for the quarter, up from their previous forecast of $0.50. The consensus estimate for Hercules Capital’s current full-year earnings is $1.96 per share. Zacks Research also issued estimates for Hercules Capital’s Q3 2026 earnings at $0.52 EPS, Q4 2026 earnings at $0.54 EPS, FY2026 earnings at $2.03 EPS and FY2027 earnings at $2.20 EPS.

HTGC has been the subject of a number of other research reports. JMP Securities reaffirmed a “market outperform” rating and set a $22.00 price target on shares of Hercules Capital in a research report on Friday, February 14th. Keefe, Bruyette & Woods upgraded Hercules Capital from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $19.50 to $21.50 in a report on Thursday, December 12th. Finally, Compass Point upped their target price on Hercules Capital from $18.25 to $20.00 and gave the stock a “neutral” rating in a report on Wednesday, February 19th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $21.40.

Hercules Capital Trading Up 0.5 %

NYSE HTGC opened at $18.94 on Monday. The stock has a 50-day moving average of $20.37 and a 200-day moving average of $19.80. The firm has a market cap of $3.28 billion, a PE ratio of 11.76 and a beta of 1.38. The company has a current ratio of 2.72, a quick ratio of 2.72 and a debt-to-equity ratio of 0.89. Hercules Capital has a 1-year low of $16.95 and a 1-year high of $22.04.

Hercules Capital (NYSE:HTGC) last released its earnings results on Thursday, February 13th. The financial services provider reported $0.49 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.49. Hercules Capital had a return on equity of 17.19% and a net margin of 53.28%. The company had revenue of $121.78 million during the quarter, compared to analyst estimates of $124.09 million.

Hercules Capital Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Wednesday, February 26th were paid a $0.47 dividend. The ex-dividend date was Wednesday, February 26th. This represents a $1.88 annualized dividend and a dividend yield of 9.93%. Hercules Capital’s payout ratio is currently 99.38%.

Institutional Trading of Hercules Capital

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Van ECK Associates Corp grew its stake in shares of Hercules Capital by 10.4% in the 4th quarter. Van ECK Associates Corp now owns 3,438,447 shares of the financial services provider’s stock worth $69,078,000 after buying an additional 323,028 shares during the last quarter. Sound Income Strategies LLC grew its stake in shares of Hercules Capital by 2.8% in the 4th quarter. Sound Income Strategies LLC now owns 2,815,214 shares of the financial services provider’s stock worth $56,558,000 after buying an additional 77,869 shares during the last quarter. Two Sigma Advisers LP grew its stake in shares of Hercules Capital by 205.7% in the 4th quarter. Two Sigma Advisers LP now owns 1,406,900 shares of the financial services provider’s stock worth $28,265,000 after buying an additional 946,700 shares during the last quarter. Advisors Capital Management LLC grew its stake in shares of Hercules Capital by 6.6% in the 4th quarter. Advisors Capital Management LLC now owns 1,018,210 shares of the financial services provider’s stock worth $20,456,000 after buying an additional 62,610 shares during the last quarter. Finally, Two Sigma Investments LP grew its stake in shares of Hercules Capital by 106.7% in the 4th quarter. Two Sigma Investments LP now owns 945,849 shares of the financial services provider’s stock worth $19,002,000 after buying an additional 488,172 shares during the last quarter. Hedge funds and other institutional investors own 19.69% of the company’s stock.

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.