Zacks Research Analysts Boost Earnings Estimates for HTGC

Hercules Capital, Inc. (NYSE:HTGC) – Equities research analysts at Zacks Research lifted their Q2 2026 earnings estimates for Hercules Capital in a research note issued on Thursday, March 6th. Zacks Research analyst R. Department now expects that the financial services provider will earn $0.50 per share for the quarter, up from their previous estimate of $0.49. 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 Q4 2026 earnings at $0.53 EPS and FY2026 earnings at $2.01 EPS.

A number of other research analysts also recently commented on the stock. Compass Point upped their price objective 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. JMP Securities reaffirmed a “market outperform” rating and set a $22.00 price target on shares of Hercules Capital in a research note on Friday, February 14th. Finally, 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 note on Thursday, December 12th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Hercules Capital has a consensus rating of “Moderate Buy” and a consensus target price of $21.40.

Hercules Capital Stock Performance

NYSE HTGC opened at $18.03 on Monday. The business’s 50-day moving average price is $20.54 and its 200 day moving average price is $19.81. 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 twelve month low of $16.95 and a twelve month high of $22.04. The company has a market capitalization of $3.12 billion, a PE ratio of 11.20 and a beta of 1.38.

Hercules Capital (NYSE:HTGC) last issued its quarterly 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 company 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%.

Hercules Capital Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Wednesday, February 26th were paid a dividend of $0.47 per share. The ex-dividend date of this dividend was Wednesday, February 26th. This represents a $1.88 annualized dividend and a yield of 10.43%. Hercules Capital’s dividend payout ratio is currently 99.38%.

Institutional Investors Weigh In On Hercules Capital

Several large investors have recently made changes to their positions in the business. Two Sigma Advisers LP boosted its position in 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 worth $28,265,000 after purchasing an additional 946,700 shares during the period. Marshall Wace LLP acquired a new position in shares of Hercules Capital during the fourth quarter worth about $14,871,000. Two Sigma Investments LP boosted its position in shares of Hercules Capital by 106.7% in the fourth 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 period. Millennium Management LLC grew its stake in shares of Hercules Capital by 1,834.7% in the fourth quarter. Millennium Management LLC now owns 429,125 shares of the financial services provider’s stock valued at $8,621,000 after buying an additional 406,944 shares in the last quarter. Finally, Voloridge Investment Management LLC purchased a new stake in shares of Hercules Capital during the 4th quarter valued at about $7,755,000. Institutional investors and hedge funds own 19.69% of the company’s stock.

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.