Hercules Capital, Inc. (HTGC)
| Market Cap | 2.58B |
| Revenue (ttm) | 532.49M |
| Net Income (ttm) | 337.03M |
| Shares Out | 181.51M |
| EPS (ttm) | 1.85 |
| PE Ratio | 7.66 |
| Forward PE | 7.33 |
| Dividend | $1.88 (12.18%) |
| Ex-Dividend Date | Feb 25, 2026 |
| Volume | 10,159,336 |
| Open | 15.25 |
| Previous Close | 15.43 |
| Day's Range | 14.10 - 15.29 |
| 52-Week Range | 14.10 - 21.14 |
| Beta | 0.78 |
| Analysts | Buy |
| Price Target | 19.25 (+35.47%) |
| Earnings Date | Feb 12, 2026 |
About HTGC
Hercules Capital, Inc. is a business development company. The firm specializing in providing private equity, venture debt, and growth capital to privately held venture capital-backed companies at all stages of development from mid venture to expansion stage including select publicly listed companies and select special opportunity companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies. The firm provides growth capital financing solutions for capital extension; management ... [Read more]
Financial Performance
In 2025, Hercules Capital's revenue was $532.49 million, an increase of 7.88% compared to the previous year's $493.59 million. Earnings were $337.03 million, an increase of 29.56%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for HTGC stock is "Buy." The 12-month stock price target is $19.25, which is an increase of 35.47% from the latest price.
News
Buy The Dip? Assessing Top-Tier BDCs Amid The SaaSpocalypse
Market sentiment appears overly defensive in certain areas, suggesting potential mispricing in risk assets. The analysis highlights top-tier BDCs, focusing on dividend yields, price/NAV, leverage, and...
Buy The Dip: Well-Covered 10% Yields Getting Way Too Cheap
These 10%+ yields look risky at first glance—but the numbers tell a very different story. Conservative balance sheets, strong coverage, and market mispricing are colliding. The recent sell-off may hav...
Two Low-SaaS 11%+ BDCs Going From Bargains To Buys
Kayne Anderson BDC and Trinity Capital offer 11%+ yields with minimal SaaS exposure, making them attractive amid sector-wide SaaS-driven BDC selloffs. KBDC's SaaS portfolio exposure is under 3%, and T...
The SaaSpocalypse Just Created One Of The Best 11%+ Yielding Opportunities I've Ever Seen
A $1 trillion wipeout just rocked software stocks. However, the real opportunity may be hiding in plain sight. While everyone debates AI disruption, a deeply undervalued, high-quality, well-covered 11...
Hercules Capital: The AI Panic Is A Gift For Income Investors (Rating Upgrade)
Hercules Capital is upgraded from hold to buy after a 16% price drop and improved valuation. HTGC delivered record investment activity, NAV growth, and robust dividend coverage despite sector volatili...
Hercules Capital: The Diamond Has Fallen Off A Cliff; Time To Pick It Up
Hercules Capital has sold off due to SaaS-driven risks. The 10% PIK exposure and the CEO's commentary that most of the recent deal flow has been centered around software do not help. However, this is ...
Hercules Capital: 3 Reasons Why The Market Is Wrong (Rating Upgrade)
Hercules Capital delivered robust Q4 net investment income, portfolio growth, and record loan originations, supporting both its regular and supplemental dividends. HTGC's portfolio quality is exceptio...
I Wouldn't Want To Retire Without The 3 Most Undervalued Income Machines
Three income powerhouses are trading at very compelling valuations right now. Each offers attractive income with substantial upside potential. Here's why I'm overweighting them while the market is sti...
Hercules Capital, Inc. (HTGC) Q4 2025 Earnings Call Transcript
Hercules Capital, Inc. (HTGC) Q4 2025 Earnings Call Transcript
Hercules Capital Reports Fourth Quarter and Full-Year 2025 Financial Results
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules,” “Hercules Capital,” or the “Company”), the largest and leading specialty financing provider to innovative venture, ...
Hercules Capital Closes Institutional Notes Offering of $300.0 Million 5.350% Unsecured Notes due 2029
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), today announced that it has closed an underwritten public offering of $300.0 million in aggregate...
Hercules Capital Announces New Supplemental Cash Distribution of $0.28 per Share
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules,” “Hercules Capital,” or the “Company”), the largest and leading specialty financing provider to innovative venture, ...
Hercules Capital Declares a Total Cash Distribution of $0.47 per Share for the Fourth Quarter 2025
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules,” “Hercules Capital,” or the “Company”), the largest and leading specialty financing provider to innovative venture, ...
Why BDC Dividend Cuts Aren't The Red Flag Investors Think
The market is signaling distress for BDCs, but the data tells a very different story. Dividend cuts for BDCs aren't what most investors think they are. Rare, well-covered double-digit yields trading a...
High-Yield Wreck Your Retirement? Here Is Your Path To Recovery
The yield that looks safe today may be your biggest long-term risk. Dividend cuts can be more damaging than market pullbacks. A better income strategy most retirees overlook.
Hercules Capital: Why I Am Buying The Liberation Day-Like Collapse On Overblown AI Panic
Hercules Capital has experienced a sharp selloff, creating a material buying opportunity as market panic over AI-driven software disruption appears overblown. HTGC's credit portfolio remains resilient...
My Top 2 Picks for 2026
January has flown by and it's been a bit of a whirlwind. The shortened holiday week of the 20th handed us the worst day for the market since October.
Hercules Capital Prices Institutional Notes Offering of $300.0 Million 5.350% Notes due 2029
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” “Hercules Capital,” or the “Company”), today announced that it has priced an underwritten public offering of $300.0 ...
Hercules Capital: 7 Reasons Why This Is The Top BDC For 2026
I'm maintaining a "Buy" rating on Hercules Capital as I believe there are seven key reasons why it remains the top pick in the BDC sector for 2026. HTGC's business model is well adapted to the rate-cu...
Hercules Capital Announces Date for Release of Fourth Quarter and Full-Year 2025 Financial Results and Conference Call
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules,” “Hercules Capital,” or the “Company”), the largest and leading specialty financing provider to innovative venture, ...
Hercules Capital: A BDC That Ticks The Boxes For Retirement Income
Most BDCs are exposed to a SOFR-driven dividend normalization process. Yet, Hercules Capital stands out as a rare high-quality exception, which has the necessary tools to preserve its base dividend. I...
Savara Announces Amendment to Hercules Capital Debt Facility Providing up to $75M of Additional Debt Funding Upon U.S. Food and Drug Administration (FDA) Approval of MOLBREEVI*
LANGHORNE, Pa.--(BUSINESS WIRE)--Savara Inc. (Nasdaq: SVRA) (the Company), a clinical stage biopharmaceutical company focused on rare respiratory diseases, today announced the amendment of its loan an...
BDCs: Buying 10% Income The Smart Way
Business development companies offer high yields, but investors must be wary of yield traps and underlying credit risks. Premium BDCs like Main Street Capital, Hercules Capital, and Capital Southwest ...