Q1 EPS Estimates for Hercules Capital Cut by Zacks Research

Hercules Capital, Inc. (NYSE:HTGC - Free Report) - Stock analysts at Zacks Research decreased their Q1 2025 earnings estimates for 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 previous 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.

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

Other equities analysts have also issued reports about the stock. JMP Securities reiterated a "market outperform" rating and issued a $22.00 price target on shares of Hercules Capital in a research report on Friday, February 14th. Compass Point upped their price target on shares of Hercules Capital from $18.25 to $20.00 and gave the company a "neutral" rating in a research note on Wednesday, February 19th. Finally, Keefe, Bruyette & Woods raised shares of Hercules Capital from a "market perform" rating to an "outperform" rating and upped their price target for the company from $19.50 to $21.50 in a research note on Thursday, December 12th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $21.40.

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Hercules Capital Stock Performance

NYSE HTGC traded up $0.43 during trading hours on Friday, hitting $18.89. 2,033,744 shares of the company's stock traded hands, compared to its average volume of 977,853. The business's fifty day moving average price is $20.61 and its two-hundred day moving average price is $19.80. The company has a current ratio of 2.72, a quick ratio of 2.72 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $3.27 billion, a P/E ratio of 11.73 and a beta of 1.38. Hercules Capital has a 52 week low of $16.95 and a 52 week high of $22.04.

Hercules Capital Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Stockholders of record on Wednesday, February 26th were issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 9.95%. The ex-dividend date was Wednesday, February 26th. Hercules Capital's payout ratio is presently 99.38%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. BNP Paribas Financial Markets grew its holdings in Hercules Capital by 511.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 53,068 shares of the financial services provider's stock worth $1,042,000 after acquiring an additional 44,386 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in Hercules Capital by 9.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 406,985 shares of the financial services provider's stock worth $7,993,000 after acquiring an additional 34,718 shares in the last quarter. Franklin Resources Inc. grew its holdings in Hercules Capital by 28.0% during the 3rd quarter. Franklin Resources Inc. now owns 387,225 shares of the financial services provider's stock worth $7,667,000 after acquiring an additional 84,780 shares in the last quarter. Tectonic Advisors LLC grew its holdings in Hercules Capital by 14.0% during the 4th quarter. Tectonic Advisors LLC now owns 493,808 shares of the financial services provider's stock worth $9,921,000 after acquiring an additional 60,776 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in Hercules Capital by 10.1% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 401,133 shares of the financial services provider's stock worth $7,878,000 after acquiring an additional 36,886 shares in the last quarter. 19.69% of the stock is currently owned by 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.