Hercules Capital, Inc. (HTGC)
| Market Cap | 3.41B |
| Revenue (ttm) | 516.85M |
| Net Income (ttm) | 307.63M |
| Shares Out | 179.45M |
| EPS (ttm) | 1.75 |
| PE Ratio | 10.83 |
| Forward PE | 9.47 |
| Dividend | $1.88 (9.91%) |
| Ex-Dividend Date | Nov 12, 2025 |
| Volume | 1,173,468 |
| Open | 18.91 |
| Previous Close | 18.94 |
| Day's Range | 18.87 - 19.13 |
| 52-Week Range | 15.65 - 22.04 |
| Beta | 0.80 |
| Analysts | Buy |
| Price Target | 21.13 (+11.33%) |
| Earnings Date | Oct 30, 2025 |
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 2024, Hercules Capital's revenue was $493.59 million, an increase of 7.15% compared to the previous year's $460.67 million. Earnings were $260.14 million, a decrease of -22.15%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for HTGC stock is "Buy." The 12-month stock price target is $21.13, which is an increase of 11.33% from the latest price.
News
Hercules Capital: 1.23x Coverage, Outperforming Tech Peers, Solid Yield
Hercules Capital delivered record investment fundings so far in 2025 as well as record Q3 net investment income while maintaining strong dividend coverage. The BDC's robust origination trajectory and ...
My 3 High-Yield Outliers The Market Is Likely Mispricing
I highlight three undervalued high-yield stocks: Lineage, Conagra Brands, and Hercules Capital, each facing unique headwinds. LINE offers a 6.2% yield, trades below asset replacement cost, and leads c...
A Rare Buying Opportunity: Blue-Chip 11-12% Yields Too Cheap To Ignore
There is a major market disconnect in which there are blue-chip dividend payers offering 11%+ yields right now, despite posting strong fundamentals. I discuss why the market is bearish on these stocks...
Worried About Rate Cuts? 2 BDCs Best Positioned For The Storm
Hercules Capital and Trinity Capital are best positioned among BDCs to sustain base dividends amid possible lower interest rates. Both HTGC and TRIN benefit from strong fundamentals, investment-grade ...
Hercules Capital: Opportunity Knocks On This 11% Yield
Hercules Capital offers a compelling mix of high yield, strong credit quality, and steady growth, making it attractive for income investors. HTGC demonstrated strong results, including record new comm...
Don't Bury BDC Dividends Just Yet
The Fed's dovishness has been the key driver for the BDC sell-off. The idea is that lower interest rates should lead to lower dividends (i.e., BDCs cutting their dividend across the board). While it i...
Hercules Capital: Attractive Growth Following Q3 Earnings (Rating Upgrade)
Hercules Capital (HTGC) is upgraded to a buy as its price approaches the five-year price-to-NAV average, offering attractive entry for long-term investors. HTGC maintains strong fundamentals with robu...
Hercules Capital Announces Upcoming Event for the Financial Community
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: Buy American Technology And Earn A 10.4% Dividend Yield For 2026
Hercules Capital is now paying out a double-digit dividend yield following a material pullback of its common shares. The technology-focused BDC recorded third-quarter net investment income of $0.49 pe...
A Look at Earnings for Two Stocks
This issue will look a little different. It will read more like the weekly updates I send to my premium Yield Shark readers.
10% Income In Private Credit - My Contrarian Bet On A Mispriced Market
Credit spreads are flashing complacency as too much capital chases too few deals. This creates a tricky situation for the market. Personally, I see tight spreads not as safety but as distortion, as th...
2 BDCs To Sell Before They Cut Their Dividend
BDCs have been clearly out of favor this year. Yet, there are some clear pockets of opportunity, which have started to showcase a nice momentum - just as I outlined in my recent BDC strategic piece. I...
BDC Weekly Review: Private Credit Shorts Are Trying To Squeeze Through The BDC Market
We take a look at the action in business development companies through the fourth week of October and highlight some of the key themes we are watching. The BDC sector rebounds for the second consecuti...
Hercules Capital, Inc. (HTGC) Q3 2025 Earnings Call Transcript
Hercules Capital, Inc. ( HTGC) Q3 2025 Earnings Call October 30, 2025 5:00 PM EDT Company Participants Michael Hara - Managing Director of Investor Relations & Corporate Communications Scott Bluestei...
Hercules Capital Reports Third Quarter 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 Declares a Total Cash Distribution of $0.47 per Share for the Third Quarter 2025
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules,” “Hercules Capital,” or the “Company”), the largest and leading specialty finance provider to innovative venture, gr...
Muzinich Bets Heavily on Hercules Capital (HTGC) by Acquiring 254,651 Shares
Muzinich & Co., Inc. added 254,651 shares of Hercules Capital in an estimated $4.88 million trade based on the average price during the third quarter of 2025. Transaction value represented 1.89% of Mu...
Hercules Capital Celebrates $25.0 Billion Milestone in Total Cumulative Debt Commitments
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, ...
Don't Just Seek Yield, Seek Durability: The Hercules Capital Story
Hercules Capital (HTGC) has been struggling to deliver solid results for quite some time. Currently, HTGC remains the second most expensive BDC. Yet, the story does not end here.
Undercovered Dozen: NANO Nuclear Energy, Zeta Global, Blue Owl And More
The Undercovered Dozen series spotlights 12 lesser-known stocks highlighted in recent Seeking Alpha articles. This week's edition covers articles published between October 10 and October 16, offering ...
Hercules Capital Announces Date for Release of Third Quarter 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, ...
Investment Manager Rebalances, Trims Stake in Hercules Capital
Sound Income Strategies, LLC disclosed the sale of 177,473 shares of Hercules Capital (HTGC -2.02%) for an estimated $3.40 million in an SEC filing dated October 10, 2025.
Hercules Capital: Invest If The Fed Cuts Interest Rates
Hercules Capital is rated a "buy" due to strong financial stability, high dividend yield, and a robust venture lending portfolio. HTGC benefits from Fed interest rate cuts, which enhance net investmen...
Mr. Market's Warning: 2 Quality BDCs Who Could Slash Their Dividends Soon
Blackstone Secured Lending and Morgan Stanley Direct Lending are high-quality BDCs facing potential dividend cuts due to falling coverage ratios. BXSL's fundamentals remain strong, but tight dividend ...