Hercules Capital, Inc. (HTGC)

NYSE: HTGC · IEX Real-Time Price · USD
18.96
+0.11 (0.58%)
At close: Apr 24, 2024, 4:00 PM
18.65
-0.31 (-1.64%)
Pre-market: Apr 25, 2024, 4:00 AM EDT
0.58%
Market Cap 3.00B
Revenue (ttm) 460.67M
Net Income (ttm) 337.48M
Shares Out 158.38M
EPS (ttm) 2.31
PE Ratio 8.21
Forward PE 9.17
Dividend $1.83 (9.65%)
Ex-Dividend Date Feb 27, 2024
Volume 619,462
Open 18.82
Previous Close 18.85
Day's Range 18.82 - 19.03
52-Week Range 12.40 - 19.03
Beta 1.32
Analysts Buy
Price Target 17.93 (-5.43%)
Earnings Date May 2, 2024

About HTGC

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. The firm provides growth capital financing solutions for c... [Read more]

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

Financial Performance

In 2023, HTGC's revenue was $460.67 million, an increase of 43.20% compared to the previous year's $321.69 million. Earnings were $337.48 million, an increase of 230.60%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for HTGC stock is "Buy." The 12-month stock price forecast is $17.93, which is a decrease of -5.43% from the latest price.

Price Target
$17.93
(-5.43% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Hercules Capital Celebrates 20th Anniversary with $20.0 Billion in Cumulative Originations

SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), is celebrating its 20th year of originations activity by reaching the $20.0 billion milestone in ...

22 hours ago - Business Wire

Hercules Capital Announces Date for Release of First Quarter 2024 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...

6 days ago - Business Wire

Hercules Capital Receives BBB- Affirmed Investment Grade Credit and Corporate 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...

4 weeks ago - Business Wire

Hercules Capital Receives Confirmed BBB Investment Grade Rating with Revised Outlook to Positive from Morningstar DBRS

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...

4 weeks ago - Business Wire

bluebird bio Secures up to $175 Million Debt Financing with Hercules Capital

SOMERVILLE, Mass.--(BUSINESS WIRE)--bluebird bio, Inc. (NASDAQ: BLUE) (“bluebird bio” or the “Company”) today announced that it has entered into a $175 million five-year, term loan facility with Hercu...

Other symbols: BLUE
5 weeks ago - Business Wire

Hercules Capital Announces Upcoming Event for the Financial Community

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 Reports Fourth Quarter and Full-Year 2023 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...

2 months ago - Business Wire

Hercules Capital Declares a Total Cash Distribution of $0.48 per Share for the Fourth Quarter 2023

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...

2 months ago - Business Wire

Hercules Capital Announces New Supplemental Cash Distribution of $0.32 per Share

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

Final Trades: Toast, General Motors, Hercules Capital and JEPI

“Halftime Report” Investment Committee members, Josh Brown, Jenny Harrington, Jim Lebenthal and Bryn Talkington give their top picks to watch for the second half.

Other symbols: GMJEPITOST
3 months ago - CNBC Television

Hercules Capital Announces Date for Release of Fourth Quarter and Full-Year 2023 Financial Results and Conference Call

PALO ALTO, 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...

3 months ago - Business Wire

enGene Announces Expanded $50 Million Debt Facility with Hercules Capital

BOSTON and MONTREAL , Dec. 22, 2023 /PRNewswire/ - enGene Holdings Inc. ("enGene," Nasdaq: ENGN), a clinical-stage genetic medicines company whose lead EG-70 program is in a pivotal study for BCG-unre...

Other symbols: ENGN
4 months ago - PRNewsWire

Business development companies should withstand 2024 economic slowdown, but credit conditions will weaken, Fitch says

Ares Capital Corp. and Sixth Street Specialty Lending Inc. held onto the highest debt ratings among the 21 business development companies covered by Fitch Ratings, amid expectations that the sector wi...

5 months ago - Market Watch

Hercules Capital Receives SBA “Green Light” Letter to Submit Its Fourth SBIC License Application

PALO ALTO, 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 months ago - Business Wire

Hercules Capital Announces Upcoming Events for the Financial Community

PALO ALTO, 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...

6 months ago - Business Wire

Hercules Capital Reports Third Quarter 2023 Financial Results

PALO ALTO, 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...

6 months ago - Business Wire

The 5 Best BDC Stocks to Buy Now

Business development companies (BDCs) are a small but sky-high-yielding industry that effectively acts as private equity for the common investor.

Other symbols: ARCCMAINOBDCTPVG
6 months ago - Kiplinger

Hercules Capital Declares a Total Cash Distribution of $0.48 per Share for the Third Quarter 2023

PALO ALTO, 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 months ago - Business Wire

Hercules Capital Announces Date for Release of Third Quarter 2023 Financial Results and Conference Call

PALO ALTO, 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...

6 months ago - Business Wire

Hercules Capital Receives Reaffirmed Baa3 Investment Grade Credit and Corporate Rating from Moody's Investors Service

PALO ALTO, 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 months ago - Business Wire

Hercules Capital Announces the Appointment of Mr. Nikos Theodosopoulos to Its Board of Directors

PALO ALTO, 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 months ago - Business Wire

Senseonics Holdings, Inc. Enters Into $50 Million Loan Facility With Hercules Capital

GERMANTOWN, Md.--(BUSINESS WIRE)--Senseonics Holdings, Inc. (NYSE American: SENS), a medical technology company focused on the development and manufacturing of long-term, implantable continuous glucos...

Other symbols: SENS
8 months ago - Business Wire

Hercules Receives a BBB+ Reaffirmed Investment Grade Corporate Rating from Kroll Bond Rating Agency, Inc.

PALO ALTO, 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...

8 months ago - Business Wire

Hercules Capital, Inc. Prices Upsized Public Offering of Common Stock

PALO ALTO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules”) today announced that it has priced its upsized public offering of 6,500,000 shares of its common stock. Hercules ha...

9 months ago - Business Wire

Hercules Capital, Inc. Announces Public Offering of Common Stock

PALO ALTO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules”) today announced that it plans to make a public offering of 6,000,000 shares of its common stock. Hercules also expe...

9 months ago - Business Wire