Hercules Capital, Inc. (HTGC)

NYSE: HTGC · Real-Time Price · USD
19.33
+0.01 (0.05%)
At close: Sep 10, 2025, 4:00 PM
19.33
0.00 (0.00%)
After-hours: Sep 10, 2025, 4:39 PM EDT
0.05%
Market Cap3.47B
Revenue (ttm)504.00M
Net Income (ttm)256.61M
Shares Out 179.41M
EPS (ttm)1.52
PE Ratio12.75
Forward PE9.84
Dividend$1.88 (9.73%)
Ex-Dividend DateAug 12, 2025
Volume724,277
Open19.40
Previous Close19.32
Day's Range19.28 - 19.44
52-Week Range15.65 - 22.04
Beta0.88
AnalystsBuy
Price Target21.31 (+10.24%)
Earnings DateOct 29, 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]

Sector Financials
IPO Date Jun 9, 2005
Employees 100
Stock Exchange NYSE
Ticker Symbol HTGC
Full Company Profile

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 Statements

Analyst Summary

According to 8 analysts, the average rating for HTGC stock is "Buy." The 12-month stock price target is $21.31, which is an increase of 10.24% from the latest price.

Price Target
$21.31
(10.24% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The Worst Setup For BDCs In Years

BDCs have outperformed over the past half-decade. However, macro and sector conditions are shifting rapidly. This could be the toughest environment BDCs have faced in years.

9 hours ago - Seeking Alpha

Hercules Capital: A 9.78% Dividend Yield From U.S. Venture Debt

Hercules Capital's dividend coverage is robust, with NII covering 125% of the base dividend and 106% of the aggregate payout. The BDC is growing its investment portfolio rapidly, with record originati...

2 days ago - Seeking Alpha

Hercules Capital: Why The 62% NAV Premium Is Worth It

Hercules Capital remains a top BDC pick due to consistent net investment income growth, robust dividend coverage, and exceptional balance sheet quality. Despite trading at a significant premium to NAV...

19 days ago - Seeking Alpha

Hercules Capital Receives a BBB+ Affirmed Investment Grade Corporate and Credit Rating from Kroll Bond Rating Agency, Inc.

SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and establishe...

22 days ago - Business Wire

BDC Weekly Review: Tight Spreads Keep A Lid On Net Income

We take a look at the action in business development companies through the first week of August and highlight some of the key themes we are watching. BDCs underperformed despite strong early earnings,...

Other symbols: ARCCPSECTSLX
4 weeks ago - Seeking Alpha

Hercules Capital: Attractive 9.7% Yield BDC, VC/Pre-IPO Growth

Business Development Companies offer income-focused investors access to big-yield private credit opportunities, traded on the public market. Hercules Capital is a standout among the group for its diff...

4 weeks ago - Seeking Alpha

Heron Therapeutics Announces Comprehensive Capital Restructuring to Support Growth and Extend Maturity Profile

CARY, N.C. , Aug. 8, 2025 Heron Therapeutics, Inc. (Nasdaq: HRTX) ("Heron" or the "Company"), a commercial-stage biotechnology company, today announced the completion of a comprehensive capital restru...

Other symbols: HRTX
4 weeks ago - PRNewsWire

Snappt Acquires Trigo to Enhance Applicant Trust Platform for Multifamily Housing, Secures $50M Growth Financing

LOS ANGELES--(BUSINESS WIRE)--Snappt, the leading platform for applicant trust in multifamily housing, today announced it has acquired Trigo, a company known for its breakthrough technology in verifyi...

5 weeks ago - Business Wire

Hercules Capital: A High-Yield Stock Worth Buying And Holding

The BDC investment at HTGC represents one of the best options for investors who want to generate long-term income. Q2 results beat expectations, with $0.50 NII covering the $0.47 dividend and confirmi...

5 weeks ago - Seeking Alpha

Hercules Capital, Inc. (HTGC) Q2 2025 Earnings Call Transcript

Hercules Capital, Inc. (NYSE:HTGC) Q2 2025 Earnings Conference Call July 31, 2025 5:00 PM ET Company Participants Michael W. Hara - Managing Director of Investor Relations & Corporate Communications ...

5 weeks ago - Seeking Alpha

Hercules Capital Reports Second Quarter 2025 Financial Results

SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and establishe...

5 weeks ago - Business Wire

Hercules Capital Declares a Total Cash Distribution of $0.47 per Share for the Second Quarter 2025

SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty finance provider to innovative venture, growth and established ...

6 weeks ago - Business Wire

Hercules Capital's Wholly-Owned Investment Adviser Launches Fourth Institutional Private Credit Fund

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, gro...

6 weeks ago - Business Wire

Hercules Capital Announces Date for Release of Second Quarter 2025 Financial Results and Conference Call

SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and establishe...

7 weeks ago - Business Wire

BDC Weekly Review: Should We Trust BDC NAVs?

We take a look at the action in business development companies through the first week of July and highlight some of the key themes we are watching. BDCs delivered a strong 3% total return this week, w...

Other symbols: CSWC
2 months ago - Seeking Alpha

Hercules Capital Receives Affirmed BBB- Investment Grade Corporate and Unsecured Credit Rating from Fitch Ratings, Inc.

SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and establishe...

2 months ago - Business Wire

Hercules Capital: Better Entry Point, But Further Potential Economic Weakening Keeps Me At Bay

I maintain my Hold rating on Hercules Capital due to premium valuation, economic uncertainty, and recent earnings misses despite strong fundamentals. Dividend coverage remains solid, supported by spil...

2 months ago - Seeking Alpha

17 Ideal 'Safer' Dividend Dogs To Buy Out Of 72 June Graham Value All-Stars

I use YCharts' Value Score and Ben Graham Formula Value All Stars, or GASV, to identify large-cap stocks offering strong value and dividend safety. Seventeen out of twenty-four "safer" lowest-priced D...

2 months ago - Seeking Alpha

Hercules Capital: Buyable, But Proceed With Caution (Rating Downgrade)

Hercules Capital, Inc.'s focus on first-lien, floating rate debt in tech and life sciences offers stability, but growth will likely slow as rates fall. HTGC stock's 58% premium to NAV is both a risk a...

2 months ago - Seeking Alpha

Hercules Capital Closes Upsized Institutional Notes Offering of $350.0 Million 6.000% Unsecured Notes due 2030

SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), today announced that it has closed an upsized underwritten public offering of $350.0 million in a...

3 months ago - Business Wire

Hercules Capital: Growing Troubles Within Portfolio Warrants Caution

I maintain a hold rating on HTGC due to its premium valuation and rising concerns over portfolio quality and PIK interest income. HTGC's dividend yield remains attractive and well-covered, but increas...

3 months ago - Seeking Alpha

Hercules Capital Prices Upsized Institutional Notes Offering of $350.0 Million 6.000% Notes due 2030

SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), today announced that it has priced an upsized underwritten public offering of $350.0 million in a...

3 months ago - Business Wire

I'm Buying Up To 10% Yields For Recurring Income

I focus on the payback period and high-yield income, highlighting Hercules Capital and VICI Properties for faster capital recoupment and strong recurring income. HTGC stands out with a 10.4% yield, fi...

Other symbols: CSWCMAINOVICI
3 months ago - Seeking Alpha

Fortress Income: 7-11% Yields To Make Money While You Sleep

Buying right and holding tight can be a winning investment strategy over in-vogue short-term strategies. EPD has strong fee-based earnings, strong balance sheet, and growth projects coming online, off...

3 months ago - Seeking Alpha

Buy Any Of 18 Ideal 'Safer' May Dividend Dogs Out Of 70 Graham Value All-Stars (GVAS)

I use YCharts' Value Score and Ben Graham Formula to identify large-cap stocks offering strong value relative to profits, assets, and dividends. Eighteen of twenty-four 'safer' lowest-priced Dividend ...

3 months ago - Seeking Alpha