$0.31 Earnings Per Share Expected for Hercules Capital, Inc. (NYSE:HTGC) This Quarter

Equities research analysts expect Hercules Capital, Inc. (NYSE:HTGCGet Rating) to announce earnings of $0.31 per share for the current quarter, according to Zacks. Three analysts have made estimates for Hercules Capital’s earnings. The lowest EPS estimate is $0.31 and the highest is $0.32. Hercules Capital posted earnings per share of $0.29 during the same quarter last year, which would suggest a positive year-over-year growth rate of 6.9%. The company is scheduled to announce its next earnings report after the market closes on Monday, January 1st.

On average, analysts expect that Hercules Capital will report full-year earnings of $1.35 per share for the current financial year, with EPS estimates ranging from $1.28 to $1.43. For the next financial year, analysts anticipate that the firm will report earnings of $1.44 per share, with EPS estimates ranging from $1.32 to $1.58. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for Hercules Capital.

Hercules Capital (NYSE:HTGCGet Rating) last released its quarterly earnings data on Tuesday, February 22nd. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.02. The company had revenue of $72.50 million during the quarter, compared to analysts’ expectations of $70.86 million. Hercules Capital had a net margin of 61.98% and a return on equity of 11.28%. The firm’s quarterly revenue was down 3.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.37 EPS.

HTGC has been the subject of several research reports. Keefe, Bruyette & Woods cut shares of Hercules Capital from an “outperform” rating to a “market perform” rating and set a $18.00 price objective for the company. in a research report on Friday, April 22nd. Compass Point cut shares of Hercules Capital from a “buy” rating to a “neutral” rating and set a $18.00 price target for the company. in a research report on Tuesday, February 8th. Wells Fargo & Company upped their price target on shares of Hercules Capital from $18.50 to $19.00 and gave the stock an “overweight” rating in a research report on Monday, April 25th. StockNews.com initiated coverage on shares of Hercules Capital in a research report on Thursday, March 31st. They issued a “hold” rating for the company. Finally, Piper Sandler cut shares of Hercules Capital from an “overweight” rating to a “neutral” rating and set a $19.00 price target for the company. in a research report on Monday, April 4th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $18.47.

Large investors have recently added to or reduced their stakes in the company. UMB Bank N A MO purchased a new stake in Hercules Capital during the fourth quarter worth $29,000. Cullen Frost Bankers Inc. purchased a new position in Hercules Capital during the third quarter valued at $33,000. Bessemer Group Inc. purchased a new position in shares of Hercules Capital in the fourth quarter worth about $33,000. CWM LLC purchased a new position in shares of Hercules Capital in the fourth quarter worth about $48,000. Finally, Joseph P. Lucia & Associates LLC purchased a new position in shares of Hercules Capital in the first quarter worth about $57,000. Hedge funds and other institutional investors own 25.51% of the company’s stock.

Hercules Capital stock traded up $0.14 during trading hours on Monday, hitting $16.94. The company had a trading volume of 3,204 shares, compared to its average volume of 1,341,863. The firm has a market cap of $2.03 billion, a P/E ratio of 11.87, a P/E/G ratio of 0.50 and a beta of 1.40. The company has a debt-to-equity ratio of 0.94, a quick ratio of 3.22 and a current ratio of 3.22. Hercules Capital has a 1 year low of $15.91 and a 1 year high of $19.09. The company has a 50-day moving average price of $17.89 and a two-hundred day moving average price of $17.41.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 16th. Stockholders of record on Wednesday, March 9th were paid a $0.33 dividend. The ex-dividend date was Tuesday, March 8th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 7.79%. Hercules Capital’s payout ratio is currently 92.31%.

Hercules Capital Company Profile (Get Rating)

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.

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Earnings History and Estimates for Hercules Capital (NYSE:HTGC)

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