Zacks Research Issues Optimistic Estimate for HTGC Earnings

Hercules Capital, Inc. (NYSE:HTGC) – Equities researchers at Zacks Research upped their Q3 2026 earnings estimates for Hercules Capital in a research report issued on Thursday, October 17th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings per share of $0.53 for the quarter, up from their prior estimate of $0.52. The consensus estimate for Hercules Capital’s current full-year earnings is $2.03 per share. Zacks Research also issued estimates for Hercules Capital’s FY2026 earnings at $2.11 EPS.

Several other research firms have also recently issued reports on HTGC. JMP Securities lifted their price objective on shares of Hercules Capital from $20.00 to $22.00 and gave the company a “market outperform” rating in a research report on Tuesday, July 30th. Wells Fargo & Company boosted their price target on shares of Hercules Capital from $20.00 to $22.00 and gave the stock an “overweight” rating in a research note on Friday, July 26th. Finally, Piper Sandler lifted their target price on Hercules Capital from $22.00 to $22.50 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.00.

Hercules Capital Trading Up 0.8 %

Shares of HTGC stock opened at $20.30 on Friday. The stock has a fifty day simple moving average of $19.19 and a two-hundred day simple moving average of $19.52. Hercules Capital has a 52-week low of $15.02 and a 52-week high of $21.78. The firm has a market capitalization of $3.29 billion, a PE ratio of 9.15 and a beta of 1.39. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.42 and a current ratio of 1.42.

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

Hedge Funds Weigh In On Hercules Capital

A number of large investors have recently made changes to their positions in the business. Strategic Financial Concepts LLC raised its stake in Hercules Capital by 2,067.0% in the second quarter. Strategic Financial Concepts LLC now owns 353,221 shares of the financial services provider’s stock valued at $72,000 after buying an additional 336,921 shares during the last quarter. Van ECK Associates Corp grew its position in Hercules Capital by 11.8% during the 2nd quarter. Van ECK Associates Corp now owns 2,824,840 shares of the financial services provider’s stock worth $57,768,000 after purchasing an additional 298,992 shares during the last quarter. Global Assets Advisory LLC increased its stake in Hercules Capital by 1,920.8% during the 1st 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 in the last quarter. TrueMark Investments LLC purchased a new position in shares of Hercules Capital in the second quarter worth $3,015,000. Finally, Truvestments Capital LLC lifted its stake in shares of Hercules Capital by 521.7% during the first quarter. Truvestments Capital LLC now owns 123,188 shares of the financial services provider’s stock worth $2,273,000 after buying an additional 103,374 shares during the period. 19.69% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Hercules Capital

In related news, CEO Scott Bluestein sold 100,000 shares of Hercules Capital stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $19.59, for a total transaction 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 trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, CEO Scott Bluestein sold 100,000 shares of the business’s stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $19.59, for a total value of $1,959,000.00. Following the completion of the transaction, the chief executive officer now owns 2,161,207 shares of the company’s stock, valued at $42,338,045.13. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Nikos Theodosopoulos bought 1,608 shares of the stock in a transaction on Tuesday, August 6th. The shares were bought at an average price of $18.03 per share, with a total value of $28,992.24. Following 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 ownership of the stock. The disclosure for this purchase can be found here. 1.90% of the stock is currently owned by corporate insiders.

Hercules Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 20th. Investors of record on Tuesday, August 13th were issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 9.46%. The ex-dividend date was Tuesday, August 13th. Hercules Capital’s payout ratio is currently 72.73%.

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.