Hercules Capital (HTGC) to Release Quarterly Earnings on Thursday

Hercules Capital (NYSE:HTGC) will likely be releasing its Q1 2025 earnings data after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $0.46 per share and revenue of $125.43 million for the quarter.

Hercules Capital (NYSE:HTGC) last released its quarterly 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 business had revenue of $121.78 million during the quarter, compared to the consensus estimate 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 1.1 %

HTGC stock opened at $17.61 on Thursday. The business’s fifty day moving average price is $18.86 and its two-hundred day moving average price is $19.53. The stock has a market capitalization of $3.09 billion, a price-to-earnings ratio of 10.94 and a beta of 1.13. Hercules Capital has a fifty-two week low of $15.65 and a fifty-two week high of $22.04. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.72 and a quick ratio of 2.72.

Hercules Capital Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Wednesday, February 26th were given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 10.68%. The ex-dividend date was Wednesday, February 26th. Hercules Capital’s dividend payout ratio is 99.38%.

Wall Street Analyst Weigh In

HTGC has been the topic of several recent research reports. Keefe, Bruyette & Woods lowered 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. JMP Securities restated a “market outperform” rating and set a $22.00 price objective on shares of Hercules Capital in a research note on Friday, February 14th. UBS Group cut their target price on Hercules Capital from $20.00 to $18.00 and set a “neutral” rating for the company in a research report on Thursday, April 17th. Piper Sandler reduced their target price on Hercules Capital from $23.00 to $20.00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. Finally, Compass Point boosted their price target on Hercules Capital from $18.25 to $20.00 and gave the company a “neutral” rating in a research note on Wednesday, February 19th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Hercules Capital currently has an average rating of “Moderate Buy” and an average target price of $20.25.

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.