What is Zacks Research’s Estimate for HTGC FY2025 Earnings?

Hercules Capital, Inc. (NYSE:HTGC) – Stock analysts at Zacks Research lowered their FY2025 earnings per share estimates for shares of Hercules Capital in a report released on Wednesday, October 15th. Zacks Research analyst Team now anticipates that the financial services provider will earn $1.91 per share for the year, down from their previous forecast of $1.92. 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 FY2026 earnings at $1.99 EPS and Q1 2027 earnings at $0.51 EPS.

Several other brokerages have also weighed in on HTGC. JMP Securities upped their target price on Hercules Capital from $22.00 to $24.00 and gave the stock a “market outperform” rating in a research report on Monday, August 4th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Hercules Capital in a research report on Wednesday, October 8th. UBS Group dropped their target price on Hercules Capital from $19.00 to $18.50 and set a “neutral” rating on the stock in a research report on Tuesday. Piper Sandler lowered their price objective on Hercules Capital from $21.00 to $20.50 and set an “overweight” rating on the stock in a report on Thursday, October 9th. Finally, Citigroup reissued an “outperform” rating on shares of Hercules Capital in a report on Monday, August 4th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Hercules Capital currently has an average rating of “Moderate Buy” and a consensus target price of $20.42.

Hercules Capital Stock Performance

Shares of HTGC stock opened at $17.31 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.68 and a quick ratio of 1.68. Hercules Capital has a fifty-two week low of $15.65 and a fifty-two week high of $22.04. The stock’s 50-day moving average is $18.84 and its two-hundred day moving average is $18.35. The firm has a market cap of $3.14 billion, a P/E ratio of 11.46 and a beta of 0.96.

Hercules Capital (NYSE:HTGC) last issued its earnings results on Thursday, July 31st. The financial services provider reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.03. Hercules Capital had a return on equity of 16.54% and a net margin of 51.46%.The company had revenue of $137.46 million for the quarter, compared to analyst estimates of $129.47 million. During the same period in the prior year, the firm posted $0.51 EPS. The business’s revenue was up 10.0% compared to the same quarter last year.

Hercules Capital Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 19th. Shareholders of record on Tuesday, August 12th were issued a $0.47 dividend. This is an increase from Hercules Capital’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a $1.88 dividend on an annualized basis and a yield of 10.9%. Hercules Capital’s payout ratio is 105.96%.

Institutional Trading of Hercules Capital

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC acquired a new stake in Hercules Capital in the 2nd quarter valued at approximately $522,447,000. Sound Income Strategies LLC grew its holdings in shares of Hercules Capital by 1.9% during the 2nd quarter. Sound Income Strategies LLC now owns 2,930,340 shares of the financial services provider’s stock worth $53,567,000 after purchasing an additional 55,885 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of Hercules Capital by 6.6% during the 2nd quarter. Legal & General Group Plc now owns 1,253,204 shares of the financial services provider’s stock worth $22,909,000 after purchasing an additional 77,187 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Hercules Capital by 14.5% during the 1st quarter. LPL Financial LLC now owns 1,130,362 shares of the financial services provider’s stock worth $21,714,000 after purchasing an additional 143,042 shares in the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of Hercules Capital by 41.6% during the 2nd quarter. Franklin Resources Inc. now owns 843,114 shares of the financial services provider’s stock worth $15,412,000 after purchasing an additional 247,862 shares in the last quarter. Institutional investors and hedge funds own 19.69% of the company’s stock.

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.