Hercules Capital, Inc. (HTGC)

NYSE: HTGC · IEX Real-Time Price · USD
18.45
+0.08 (0.44%)
At close: Mar 28, 2024, 4:00 PM
18.50
+0.05 (0.27%)
After-hours: Mar 28, 2024, 7:58 PM EDT

Total Valuation

HTGC has a market cap or net worth of $2.91 billion. The enterprise value is $4.35 billion.

Market Cap 2.91B
Enterprise Value 4.35B

Important Dates

The next estimated earnings date is Thursday, May 2, 2024, after market close.

Earnings Date May 2, 2024
Ex-Dividend Date Feb 27, 2024

Share Statistics

HTGC has 158.38 million shares outstanding. The number of shares has increased by 14.34% in one year.

Shares Outstanding 158.38M
Shares Change (YoY) +14.34%
Shares Change (QoQ) +3.95%
Owned by Insiders (%) 1.88%
Owned by Institutions (%) 26.95%
Float 143.98M

Valuation Ratios

The trailing PE ratio is 7.99 and the forward PE ratio is 8.92. HTGC's PEG ratio is 0.52.

PE Ratio 7.99
Forward PE 8.92
PS Ratio 6.32
Forward PS 5.84
PB Ratio 1.61
P/FCF Ratio 43.17
PEG Ratio 0.52
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.58, with an EV/FCF ratio of 64.60.

EV / Earnings 12.90
EV / Sales 9.45
EV / EBITDA 10.58
EV / EBIT 10.59
EV / FCF 64.60

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.87
Debt / EBITDA 3.79
Debt / FCF 23.15
Interest Coverage 6.08

Financial Efficiency

Return on equity (ROE) is 20.60% and return on invested capital (ROIC) is 11.03%.

Return on Equity (ROE) 20.60%
Return on Assets (ROA) 10.20%
Return on Capital (ROIC) 11.03%
Revenue Per Employee $4.61M
Profits Per Employee $3.37M
Employee Count 100
Asset Turnover 0.14
Inventory Turnover n/a

Taxes

In the past 12 months, HTGC has paid $6.07 million in taxes.

Income Tax 6.07M
Effective Tax Rate 1.77%

Stock Price Statistics

The stock price has increased by +42.14% in the last 52 weeks. The beta is 1.32, so HTGC's price volatility has been higher than the market average.

Beta (1Y) 1.32
52-Week Price Change +42.14%
50-Day Moving Average 17.88
200-Day Moving Average 16.50
Relative Strength Index (RSI) 58.71
Average Volume (30 Days) 952,214

Short Selling Information

The latest short interest is 5.14 million, so 3.25% of the outstanding shares have been sold short.

Short Interest 5.14M
Short Previous Month 6.30M
Short % of Shares Out 3.25%
Short % of Float 3.57%
Short Ratio (days to cover) 4.16

Income Statement

In the last 12 months, HTGC had revenue of $460.67 million and earned $337.48 million in profits. Earnings per share was $2.31.

Revenue 460.67M
Gross Profit 460.67M
Operating Income 377.73M
Pretax Income 343.56M
Net Income 337.48M
EBITDA 411.37M
EBIT 411.18M
Earnings Per Share (EPS) $2.31
Full Income Statement

Balance Sheet

The company has $116.01 million in cash and $1.56 billion in debt, giving a net cash position of -$1.44 billion or -$9.12 per share.

Cash & Cash Equivalents 116.01M
Total Debt 1.56B
Net Cash -1.44B
Net Cash Per Share -$9.12
Equity / Book Value 1.80B
Book Value Per Share 11.38
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $68.28 million and capital expenditures -$887,000, giving a free cash flow of $67.39 million.

Operating Cash Flow 68.28M
Capital Expenditures -887,000
Free Cash Flow 67.39M
FCF Per Share $0.47
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 82.00% and 73.26%.

Gross Margin 100.00%
Operating Margin 82.00%
Pretax Margin 74.58%
Profit Margin 73.26%
EBITDA Margin 89.30%
EBIT Margin 89.26%
FCF Margin 14.63%

Dividends & Yields

This stock pays an annual dividend of $1.83, which amounts to a dividend yield of 9.92%.

Dividend Per Share $1.83
Dividend Yield 9.92%
Dividend Growth (YoY) -6.63%
Years of Dividend Growth n/a
Payout Ratio 79.22%
Buyback Yield -14.34%
Shareholder Yield -4.42%
Earnings Yield 11.60%
FCF Yield 2.32%
Dividend Details

Analyst Forecast

The average price target for HTGC is $17.79, which is -3.58% lower than the current price. The consensus rating is "Buy".

Price Target $17.79
Price Target Difference -3.58%
Analyst Consensus Buy
Analyst Count 7
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 4