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

Hercules Capital, Inc. (NYSE:HTGC) – Equities researchers at Zacks Research lifted their FY2025 earnings per share estimates for shares of Hercules Capital in a report released on Thursday, April 10th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings of $1.96 per share for the year, up from their previous forecast of $1.95. 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 $2.04 EPS and FY2027 earnings at $2.21 EPS.

A number of other brokerages also recently issued reports on HTGC. JMP Securities reiterated a “market outperform” rating and set a $22.00 price objective on shares of Hercules Capital in a research note on Friday, February 14th. Keefe, Bruyette & Woods dropped their price target on shares of Hercules Capital from $21.50 to $20.50 and set an “outperform” rating for the company in a research report on Tuesday, April 8th. Compass Point raised their price objective on shares of Hercules Capital from $18.25 to $20.00 and gave the company a “neutral” rating in a research report on Wednesday, February 19th. Finally, Piper Sandler dropped their target price on shares of Hercules Capital from $23.00 to $20.00 and set an “overweight” rating for the company in a report on Tuesday, April 8th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $20.70.

Hercules Capital Trading Down 0.1 %

Hercules Capital stock opened at $16.82 on Friday. Hercules Capital has a 52-week low of $15.65 and a 52-week high of $22.04. The company has a market cap of $2.91 billion, a P/E ratio of 10.45 and a beta of 1.13. The company has a quick ratio of 2.72, a current ratio of 2.72 and a debt-to-equity ratio of 0.89. The business has a 50-day simple moving average of $19.43 and a two-hundred day simple moving average of $19.66.

Hercules Capital (NYSE:HTGC) last announced its quarterly earnings results on Thursday, February 13th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.49. The firm had revenue of $121.78 million for the quarter, compared to the consensus estimate of $124.09 million. Hercules Capital had a net margin of 53.28% and a return on equity of 17.19%.

Institutional Investors Weigh In On Hercules Capital

A number of institutional investors and hedge funds have recently modified their holdings of the business. Rockefeller Capital Management L.P. grew its stake in Hercules Capital by 0.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 138,364 shares of the financial services provider’s stock worth $2,780,000 after purchasing an additional 496 shares in the last quarter. Morse Asset Management Inc grew its position in shares of Hercules Capital by 1.7% during the 3rd quarter. Morse Asset Management Inc now owns 34,900 shares of the financial services provider’s stock worth $685,000 after buying an additional 600 shares in the last quarter. Naples Global Advisors LLC raised its holdings in shares of Hercules Capital by 1.0% in the fourth quarter. Naples Global Advisors LLC now owns 62,259 shares of the financial services provider’s stock valued at $1,251,000 after acquiring an additional 600 shares in the last quarter. Sand Hill Global Advisors LLC raised its holdings in shares of Hercules Capital by 2.5% in the fourth quarter. Sand Hill Global Advisors LLC now owns 27,417 shares of the financial services provider’s stock valued at $551,000 after acquiring an additional 665 shares in the last quarter. Finally, Captrust Financial Advisors lifted its stake in Hercules Capital by 3.7% in the third quarter. Captrust Financial Advisors now owns 21,215 shares of the financial services provider’s stock worth $417,000 after acquiring an additional 763 shares during the period. 19.69% of the stock is owned by institutional investors.

Hercules Capital Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Wednesday, February 26th were paid a dividend of $0.47 per share. The ex-dividend date was Wednesday, February 26th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 11.18%. Hercules Capital’s dividend payout ratio is presently 99.38%.

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.