Hercules Capital (HTGC) Projected to Post Earnings on Thursday

Hercules Capital (NYSE:HTGC) is projected to post its Q1 2025 quarterly earnings results after the market closes on Thursday, May 1st. Analysts expect Hercules Capital to post earnings of $0.46 per share and revenue of $125.43 million for the quarter.

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, hitting analysts’ consensus estimates of $0.49. The business had revenue of $121.78 million for the quarter, compared to analyst estimates of $124.09 million. Hercules Capital had a return on equity of 17.19% and a net margin of 53.28%. On average, analysts expect Hercules Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Hercules Capital Stock Up 0.9 %

Shares of HTGC opened at $18.08 on Tuesday. The firm has a fifty day moving average price of $18.64 and a 200-day moving average price of $19.48. 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 $3.17 billion, a P/E ratio of 11.23 and a beta of 1.13. Hercules Capital has a 12-month low of $15.65 and a 12-month high of $22.04.

Hercules Capital Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Wednesday, February 26th were given a $0.47 dividend. The ex-dividend date was Wednesday, February 26th. This represents a $1.88 annualized dividend and a yield of 10.40%. Hercules Capital’s dividend payout ratio (DPR) is 99.38%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on HTGC shares. Compass Point lifted 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. UBS Group lowered their target price on Hercules Capital from $20.00 to $18.00 and set a “neutral” rating for the company in a report on Thursday, April 17th. JMP Securities restated a “market outperform” rating and set a $22.00 price target on shares of Hercules Capital in a research note on Friday, February 14th. Keefe, Bruyette & Woods dropped their target price on shares of Hercules Capital from $21.50 to $20.50 and set an “outperform” rating on the stock in a report on Tuesday, April 8th. Finally, Piper Sandler reduced their price target on shares of Hercules Capital from $23.00 to $20.00 and set an “overweight” rating for the company in a report on Tuesday, April 8th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.92.

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.