Hercules Capital, Inc. (NYSE:HTGC - Free Report) - Research analysts at Zacks Research decreased their Q2 2027 EPS estimates for shares of Hercules Capital in a research note issued on Monday, June 30th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings per share of $0.53 for the quarter, down from their prior estimate of $0.54. The consensus estimate for Hercules Capital's current full-year earnings is $1.96 per share.

Several other brokerages also recently issued reports on HTGC. UBS Group reduced their price objective on Hercules Capital from $20.00 to $18.00 and set a "neutral" rating for the company in a research note on Thursday, April 17th. Keefe, Bruyette & Woods decreased their price target on shares of Hercules Capital from $21.50 to $20.50 and set an "outperform" rating on the stock in a research report on Tuesday, April 8th. Piper Sandler decreased their price objective 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, Wells Fargo & Company dropped their price target on Hercules Capital from $21.00 to $19.00 and set an "overweight" rating for the company in a report on Monday, April 28th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $19.92.

Read Our Latest Stock Analysis on HTGC

Shares of NYSE HTGC opened at $18.33 on Wednesday. Hercules Capital has a 52-week low of $15.65 and a 52-week high of $22.04. The stock's fifty day simple moving average is $17.81 and its 200 day simple moving average is $18.96. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $3.22 billion, a price-to-earnings ratio of 13.78 and a beta of 0.93.

Hercules Capital (NYSE:HTGC - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The financial services provider reported $0.45 EPS for the quarter, missing analysts' consensus estimates of $0.46 by ($0.01). Hercules Capital had a net margin of 45.23% and a return on equity of 16.84%. The company had revenue of $102.10 million for the quarter, compared to analyst estimates of $125.43 million. During the same quarter in the prior year, the business earned $0.50 EPS. Hercules Capital's revenue was down 1.6% compared to the same quarter last year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Confluence Investment Management LLC grew its stake in shares of Hercules Capital by 0.3% in the second quarter. Confluence Investment Management LLC now owns 383,778 shares of the financial services provider's stock valued at $7,015,000 after buying an additional 1,149 shares in the last quarter. Focus Partners Wealth lifted its stake in Hercules Capital by 26.0% in the first quarter. Focus Partners Wealth now owns 15,747 shares of the financial services provider's stock valued at $302,000 after acquiring an additional 3,250 shares during the last quarter. Empowered Funds LLC grew its position in shares of Hercules Capital by 85.9% in the 1st quarter. Empowered Funds LLC now owns 22,854 shares of the financial services provider's stock valued at $439,000 after acquiring an additional 10,559 shares during the period. Integrated Wealth Concepts LLC increased its stake in shares of Hercules Capital by 5.9% during the 1st quarter. Integrated Wealth Concepts LLC now owns 17,241 shares of the financial services provider's stock worth $331,000 after purchasing an additional 959 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its stake in Hercules Capital by 1.8% in the 1st quarter. Advisors Asset Management Inc. now owns 413,415 shares of the financial services provider's stock valued at $7,942,000 after purchasing an additional 7,224 shares during the last quarter. 19.69% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director Nikos Theodosopoulos acquired 5,999 shares of Hercules Capital stock in a transaction dated Thursday, May 8th. The stock was bought at an average cost of $17.49 per share, with a total value of $104,922.51. Following the completion of the transaction, the director directly owned 11,960 shares of the company's stock, valued at approximately $209,180.40. This represents a 100.64% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.90% of the company's stock.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 20th. Investors of record on Tuesday, May 13th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 8.73%. The ex-dividend date was Tuesday, May 13th. Hercules Capital's dividend payout ratio is currently 120.30%.

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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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