News articles about Hercules Capital (NYSE:HTGC) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Hercules Capital earned a news impact score of 0.12 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 44.9644274817687 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Hercules Capital (NYSE HTGC) opened at $13.11 on Thursday. The company has a quick ratio of 8.34, a current ratio of 8.34 and a debt-to-equity ratio of 0.87. Hercules Capital has a fifty-two week low of $11.64 and a fifty-two week high of $15.68. The stock has a market cap of $1,102.53, a P/E ratio of 10.00, a PEG ratio of 2.25 and a beta of 0.87.
Hercules Capital (NYSE:HTGC) last issued its earnings results on Thursday, November 2nd. The financial services provider reported $0.29 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.29. The firm had revenue of $45.90 million for the quarter, compared to analysts’ expectations of $46.22 million. Hercules Capital had a net margin of 39.73% and a return on equity of 12.93%. The business’s revenue was up 1.8% on a year-over-year basis. During the same quarter last year, the business earned $0.32 earnings per share. research analysts forecast that Hercules Capital will post 1.16 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, November 20th. Investors of record on Monday, November 13th were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 9.46%. The ex-dividend date was Friday, November 10th. Hercules Capital’s dividend payout ratio (DPR) is currently 136.26%.
Several equities analysts recently weighed in on HTGC shares. BidaskClub lowered shares of Hercules Capital from a “buy” rating to a “hold” rating in a research report on Thursday, August 31st. Raymond James Financial raised shares of Hercules Capital from an “underperform” rating to a “market perform” rating in a research note on Friday, November 3rd. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $15.00 target price on shares of Hercules Capital in a research note on Tuesday, October 24th. Wedbush began coverage on shares of Hercules Capital in a research note on Tuesday, October 24th. They issued a “neutral” rating and a $13.25 target price on the stock. Finally, Ladenburg Thalmann Financial Services began coverage on shares of Hercules Capital in a research note on Monday, November 20th. They issued a “buy” rating and a $14.50 target price on the stock. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the stock. Hercules Capital presently has a consensus rating of “Buy” and a consensus price target of $14.36.
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About Hercules Capital
Hercules Capital, Inc is a specialty finance company. The Company is an internally managed, non-diversified, closed-end investment company. The Company focuses on providing senior secured venture growth loans to venture capital-backed companies in a range of technology, life sciences, and sustainable and renewable technology industries.
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