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

Hercules Capital, Inc. (NYSE:HTGC) – Zacks Research dropped their FY2025 earnings estimates for Hercules Capital in a report released on Monday, June 30th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings per share of $1.89 for the year, down from their prior estimate of $1.90. 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 Q2 2026 earnings at $0.48 EPS, Q4 2026 earnings at $0.52 EPS and FY2026 earnings at $1.99 EPS.

Several other equities analysts also recently weighed in on the stock. Wells Fargo & Company cut their price target on shares of Hercules Capital from $21.00 to $19.00 and set an “overweight” rating on the stock in a report on Monday, April 28th. Piper Sandler dropped their price objective on shares of Hercules Capital from $23.00 to $20.00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. UBS Group reduced their target price on shares of Hercules Capital from $20.00 to $18.00 and set a “neutral” rating for the company in a report on Thursday, April 17th. Finally, Keefe, Bruyette & Woods decreased their target price 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. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Hercules Capital has a consensus rating of “Moderate Buy” and a consensus price target of $19.92.

Hercules Capital Stock Up 1.4%

Shares of HTGC stock opened at $18.59 on Tuesday. Hercules Capital has a fifty-two week low of $15.65 and a fifty-two week high of $22.04. The firm has a market capitalization of $3.26 billion, a PE ratio of 13.98 and a beta of 0.93. The company has a debt-to-equity ratio of 0.99, a quick ratio of 2.38 and a current ratio of 2.38. The stock’s 50-day simple moving average is $17.83 and its 200-day simple moving average is $18.96.

Hercules Capital (NYSE:HTGC) last released its earnings results on Thursday, May 1st. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.01). Hercules Capital had a net margin of 45.23% and a return on equity of 16.84%. The firm had revenue of $102.10 million during the quarter, compared to analyst estimates of $125.43 million. During the same period in the previous year, the company earned $0.50 earnings per share. Hercules Capital’s revenue was down 1.6% on a year-over-year basis.

Institutional Investors Weigh In On Hercules Capital

Several hedge funds have recently modified their holdings of the company. Ameriflex Group Inc. acquired a new position in Hercules Capital in the 4th quarter worth about $29,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Hercules Capital in the first quarter valued at approximately $30,000. Estabrook Capital Management raised its stake in shares of Hercules Capital by 239.0% during the 4th quarter. Estabrook Capital Management now owns 1,878 shares of the financial services provider’s stock worth $38,000 after buying an additional 1,324 shares during the period. Bessemer Group Inc. acquired a new position in shares of Hercules Capital during the 1st quarter worth approximately $38,000. Finally, Quarry LP purchased a new position in shares of Hercules Capital during the 4th quarter valued at approximately $48,000. 19.69% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Nikos Theodosopoulos purchased 5,999 shares of the company’s stock in a transaction that occurred on Thursday, May 8th. The shares were bought at an average price of $17.49 per share, for a total transaction of $104,922.51. Following the completion of the transaction, the director owned 11,960 shares in the company, valued at $209,180.40. This represents a 100.64% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 1.90% of the stock is currently owned by corporate insiders.

Hercules Capital Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 20th. Stockholders of record on Tuesday, May 13th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 8.61%. The ex-dividend date was Tuesday, May 13th. Hercules Capital’s dividend payout ratio (DPR) is 120.30%.

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.