Q1 EPS Estimates for Hercules Capital Cut by Zacks Research

Hercules Capital, Inc. (NYSE:HTGC) – Stock analysts at Zacks Research decreased their Q1 2025 earnings estimates for shares of Hercules Capital in a research report issued to clients and investors on Thursday, March 6th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $0.46 per share for the quarter, down from their prior estimate of $0.48. 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 FY2025 earnings at $1.94 EPS, Q1 2026 earnings at $0.47 EPS, Q3 2026 earnings at $0.51 EPS and FY2027 earnings at $2.17 EPS.

A number of other equities research analysts also recently issued reports on HTGC. Keefe, Bruyette & Woods raised shares of Hercules Capital from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $19.50 to $21.50 in a research report on Thursday, December 12th. JMP Securities reissued a “market outperform” rating and set a $22.00 price objective on shares of Hercules Capital in a research report on Friday, February 14th. Finally, Compass Point boosted their price objective on shares of Hercules Capital from $18.25 to $20.00 and gave the company a “neutral” rating in a research 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. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $21.40.

Hercules Capital Trading Down 3.3 %

Shares of HTGC stock opened at $18.47 on Friday. Hercules Capital has a 1 year low of $16.95 and a 1 year high of $22.04. The firm has a fifty day moving average price of $20.66 and a 200-day moving average price of $19.80. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.72 and a quick ratio of 2.72. The company has a market cap of $3.20 billion, a price-to-earnings ratio of 11.47 and a beta of 1.35.

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

Institutional Inflows and Outflows

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

Hercules Capital Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Wednesday, February 26th were paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 10.18%. The ex-dividend date of this dividend was Wednesday, February 26th. Hercules Capital’s dividend payout ratio (DPR) is 99.38%.

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.