Hercules Capital
HTGC
Market cap $3.28B

20.21 USD

-0.01

0.05%

Updated Oct 22, 10:48 AM EDT

1 day

-0.05%

5 days

1.25%

1 month

2.85%

3 months

-5.82%

6 months

8.13%

Year to date

20.80%

1 year

32.70%

5 years

48.49%

About: Hercules Capital Inc is a specialty finance company engaged in providing senior secured loans to high-growth, venture capital-backed companies in a variety of technology, life sciences, and sustainable and renewable technology industries. It invests majorly in structured debt with warrants and, to a lesser extent, in senior debt and equity investments. The company lends to and invests in portfolio companies in various technology-related industries including technology, drug discovery and development, biotechnology, life sciences, healthcare, and sustainable and renewable technology.

Employees: 100

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 3 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

43% more repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 81

14% more call options, than puts

Call options by funds: $10.7M | Put options by funds: $9.41M

0% more capital invested

Capital invested by funds: $651M [Q1] → $653M (+$2.81M) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 6 [Q1] → 6 (+0) [Q2]

2.09% less ownership

Funds ownership: 22.01% [Q1] → 19.93% (-2.09%) [Q2]

3% less funds holding

Funds holding: 291 [Q1] → 282 (-9) [Q2]

24% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 38

See Fund Rankings

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$22

9%

upside

Avg. target

$22

10%

upside

High target

$23

11%

upside

3 analyst ratings

3 positive

100%

0 neutral

0%

0 negative

0%

Piper Sandler Crispin Love 72% 1-year accuracy 18 / 25 met price target	11%upside $23	Overweight Maintained	2 Aug 2024
JMP Securities Devin Ryan 83% 1-year accuracy 38 / 46 met price target	9%upside $22	Market Outperform Maintained	30 Jul 2024
Wells Fargo Finian O'Shea 65% 1-year accuracy 11 / 17 met price target	9%upside $22	Overweight Maintained	26 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 14 articles about HTGC published over the past 30 days

The Motley Fool

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Hercules Capital Announces Date for Release of Third 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 established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its third quarter 2024 financial results conference call for Wednesday, October 30, 2024, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its fin.

Hercules Capital Announces Date for Release of Third Quarter 2024 Financial Results and Conference Call

Zacks Investment Research

Hercules Capital (HTGC) Laps the Stock Market: Here's Why

In the latest trading session, Hercules Capital (HTGC) closed at $20.18, marking a +1.51% move from the previous day.

Hercules Capital (HTGC) Laps the Stock Market: Here's Why

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Hercules Capital: Trades At Premium To NAV, But Distribution Coverage Is Strong

I maintain a hold rating on Hercules Capital due to its high premium to NAV, awaiting a price drop before accumulating shares. HTGC's portfolio emphasizes senior secured first lien debt, providing high repayment priority and protection against borrower underperformance. Despite a slight increase in non-accrual rates, HTGC's distribution remains well-covered by earnings, ensuring no immediate threat to dividend reduction.

Hercules Capital: Trades At Premium To NAV, But Distribution Coverage Is Strong

Hercules Capital: How Good Is This 10% Yield?

Hercules Capital offers a ~10% dividend yield and has a strong track record, but currently trades at a significant premium to its net asset value. The company is well-diversified with a focus on Technology and Life Sciences, and is internally managed, aligning management interests with shareholders. Despite solid credit quality and a healthy balance sheet, recent unrealized depreciation and high valuation suggest potential risks.

Hercules Capital: How Good Is This 10% Yield?

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Zacks Investment Research

Hercules Capital (HTGC) Stock Declines While Market Improves: Some Information for Investors

Hercules Capital (HTGC) closed at $20.11 in the latest trading session, marking a -0.3% move from the prior day.

Hercules Capital (HTGC) Stock Declines While Market Improves: Some Information for Investors

Hercules Capital Receives Reaffirmed Baa3 Investment Grade Rating with Revised Outlook to Positive from Moody's Investors Service

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 established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Moody's Investors Service, Inc. (“Moody's”) has reaffirmed Hercules an investment grade credit and corporate rating of Baa3 with a revised outlook to positive, as well.

Hercules Capital Receives Reaffirmed Baa3 Investment Grade Rating with Revised Outlook to Positive from Moody's Investors Service

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