Equities research analysts expect Hercules Capital, Inc. (NYSE:HTGC – Get 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:HTGC – Get 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.
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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