Hercules Capital (HTGC) Projected to Post Earnings on Thursday

Hercules Capital (NYSE:HTGC) is expected to post its Q1 2025 quarterly earnings results after the market closes on Thursday, May 1st. Analysts expect Hercules Capital to post earnings of $0.46 per share and revenue of $125.43 million for the quarter.

Hercules Capital (NYSE:HTGC) last released its 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 company had revenue of $121.78 million for the quarter, compared to analyst estimates of $124.09 million. Hercules Capital had a net margin of 53.28% and a return on equity of 17.19%. On average, analysts expect Hercules Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Hercules Capital Price Performance

NYSE:HTGC opened at $18.16 on Wednesday. The firm has a market cap of $3.19 billion, a price-to-earnings ratio of 11.28 and a beta of 1.13. The company has a current ratio of 2.72, a quick ratio of 2.72 and a debt-to-equity ratio of 0.89. The company’s 50-day moving average is $18.57 and its two-hundred day moving average is $19.48. Hercules Capital has a 12-month low of $15.65 and a 12-month high of $22.04.

Hercules Capital Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Wednesday, February 26th were issued a $0.47 dividend. The ex-dividend date of this dividend was Wednesday, February 26th. This represents a $1.88 dividend on an annualized basis and a yield of 10.35%. Hercules Capital’s dividend payout ratio (DPR) is 99.38%.

Analyst Ratings Changes

HTGC has been the topic of several research analyst reports. UBS Group decreased their target price on shares of Hercules Capital from $20.00 to $18.00 and set a “neutral” rating on the stock in a research report on Thursday, April 17th. Compass Point lifted their price target on shares of Hercules Capital from $18.25 to $20.00 and gave the company a “neutral” rating in a report on Wednesday, February 19th. Wells Fargo & Company lowered their price objective on shares of Hercules Capital from $21.00 to $19.00 and set an “overweight” rating for the company in a research note on Monday. Keefe, Bruyette & Woods lowered their price objective on shares of Hercules Capital from $21.50 to $20.50 and set an “outperform” rating for the company in a research note on Tuesday, April 8th. Finally, Piper Sandler lowered their price objective on shares of Hercules Capital from $23.00 to $20.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Hercules Capital presently has a consensus rating of “Moderate Buy” and an average price target of $19.92.

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.