Hercules Capital, Inc. (HTGC)
| Market Cap | 3.23B |
| Revenue (ttm) | 516.85M |
| Net Income (ttm) | 307.63M |
| Shares Out | 179.45M |
| EPS (ttm) | 1.75 |
| PE Ratio | 10.27 |
| Forward PE | 9.00 |
| Dividend | $1.88 (10.44%) |
| Ex-Dividend Date | Nov 12, 2025 |
| Volume | 1,226,284 |
| Open | 17.76 |
| Previous Close | 17.78 |
| Day's Range | 17.66 - 18.00 |
| 52-Week Range | 15.65 - 22.04 |
| Beta | 0.80 |
| Analysts | Buy |
| Price Target | 21.13 (+17.39%) |
| 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 Summary
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 17.39% from the latest price.
News
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...
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, ...
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 ...
Hercules Capital: My Favorite 10% Yield On The Market
Hercules Capital stands out as a high-yielding BDC with a near-10% dividend yield and strong venture capital relationships. HTGC's focus on first-lien secured loans, robust credit quality, and efficie...
Tipalti Secures $200 Million in Growth Financing to Drive Next Wave of AI Innovation in Finance
Finance automation leader unveils powerful updates to Tipalti AI to redefine productivity for finance professionals with AI agents FOSTER CITY, Calif. , Sept. 24, 2025 /PRNewswire/ -- Tipalti , the A...
Hercules Capital Receives Investment Grade Rating Upgrade to Baa2 With Revised Outlook to Stable From Moody's Investors Service
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: 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...
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...
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...
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,...
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...
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...
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...
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...