Equities Analysts Set Expectations for HTGC FY2026 Earnings

Hercules Capital, Inc. (NYSE:HTGC) – Equities research analysts at Zacks Research reduced their FY2026 earnings per share estimates for shares of Hercules Capital in a report issued on Thursday, November 20th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings of $1.98 per share for the year, down from their previous estimate of $1.99. 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 Q4 2026 earnings at $0.51 EPS, Q1 2027 earnings at $0.50 EPS, Q2 2027 earnings at $0.50 EPS, Q3 2027 earnings at $0.52 EPS and FY2027 earnings at $2.05 EPS.

Hercules Capital (NYSE:HTGC) last posted its earnings results on Thursday, October 30th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. The business had revenue of $138.09 million during the quarter, compared to analysts’ expectations of $136.95 million. Hercules Capital had a return on equity of 16.54% and a net margin of 51.46%.During the same period in the prior year, the business earned $0.51 EPS.

A number of other analysts also recently issued reports on HTGC. Wall Street Zen raised Hercules Capital from a “hold” rating to a “buy” rating in a research report on Saturday, November 15th. Citigroup reissued an “outperform” rating on shares of Hercules Capital in a report on Monday, August 4th. UBS Group decreased their target price on Hercules Capital from $19.00 to $18.50 and set a “neutral” rating on the stock in a research report on Tuesday, October 14th. Weiss Ratings restated a “buy (b-)” rating on shares of Hercules Capital in a research note on Friday, October 31st. Finally, JMP Securities lifted their target price on Hercules Capital from $22.00 to $24.00 and gave the stock a “market outperform” rating in a report on Monday, August 4th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.42.

Hercules Capital Stock Up 1.0%

Shares of HTGC stock opened at $17.47 on Friday. The firm’s fifty day moving average price is $18.03 and its two-hundred day moving average price is $18.39. Hercules Capital has a 1 year low of $15.65 and a 1 year high of $22.04. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $3.17 billion, a P/E ratio of 11.57 and a beta of 0.95.

Hercules Capital Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 19th. Shareholders of record on Wednesday, November 12th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 9.2%. The ex-dividend date was Wednesday, November 12th. Hercules Capital’s payout ratio is presently 93.02%.

Insiders Place Their Bets

In other news, Director Gayle A. Crowell purchased 6,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were purchased at an average price of $17.77 per share, with a total value of $106,620.00. Following the transaction, the director directly owned 78,727 shares of the company’s stock, valued at approximately $1,398,978.79. This represents a 8.25% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Hercules Capital

A number of institutional investors have recently added to or reduced their stakes in the business. Dakota Wealth Management lifted its position in Hercules Capital by 1.6% in the 2nd quarter. Dakota Wealth Management now owns 37,985 shares of the financial services provider’s stock worth $694,000 after buying an additional 600 shares during the last quarter. CWM LLC increased its position in Hercules Capital by 79.6% during the 2nd quarter. CWM LLC now owns 1,381 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 612 shares during the period. Centaurus Financial Inc. lifted its stake in shares of Hercules Capital by 1.8% in the 3rd quarter. Centaurus Financial Inc. now owns 37,819 shares of the financial services provider’s stock valued at $715,000 after purchasing an additional 675 shares during the period. Rockefeller Capital Management L.P. boosted its stake in Hercules Capital by 0.5% during the second quarter. Rockefeller Capital Management L.P. now owns 143,346 shares of the financial services provider’s stock worth $2,620,000 after acquiring an additional 697 shares in the last quarter. Finally, MAS Advisors LLC grew its stake in shares of Hercules Capital by 3.6% in the second quarter. MAS Advisors LLC now owns 20,992 shares of the financial services provider’s stock worth $384,000 after acquiring an additional 728 shares during the last quarter. 19.69% of the stock is currently owned by institutional investors.

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.