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Hercules Capital

HTGC

Market cap $3.29B

17.58 USD

+0.17

0.98%

At close Updated Sep 14, 4:00 PM EDT

Pre-market

After hours

17.65

+0.07

0.4%

1 day

0.98%

5 days

-0.51%

1 month

5.27%

3 months

13.49%

6 months

25.04%

Year to date

-6.79%

1 year

-8.1%

5 years

6.1%

10 years

31.69%

About: Hercules Capital Inc is a specialty finance company focused on providing senior secured loans to high-growth, venture capital-backed, and institutional-backed companies in a variety of technology and life sciences industries. The company's primary business objectives are to increase its net income, net investment income, and net asset value (NAV) through its investments mainly in structured debt or senior secured debt instruments of venture capital-backed and institutional-backed companies across a variety of technology-related industries at attractive yields. It finances companies belonging to computer software and hardware, networking systems, semiconductors, medical devices, bio-pharmaceutical, and other related sectors.

Employees: 50

Financials Asset Management

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 48.7%

Neutral 48.7%

Negative 2.6%

Zacks Investment Research

Hercules Capital (HTGC) Suffers a Larger Drop Than the General Market: Key Insights

Hercules Capital (HTGC) concluded the recent trading session at $17.39, signifying a -1.25% move from its prior day's close.

Hercules Capital (HTGC) Suffers a Larger Drop Than the General Market: Key Insights

Zacks Investment Research

Is Hercules Capital (HTGC) a Buy as Wall Street Analysts Look Optimistic?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Is Hercules Capital (HTGC) a Buy as Wall Street Analysts Look Optimistic?

Hercules Capital's Investment Adviser Surpasses $2.3 Billion in Investable Capital

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, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Hercules Adviser LLC (“Hercules Adviser”), its wholly-owned registered investment adviser, has surpassed $2.3 billion in investable capital. The mile.

Hercules Capital's Investment Adviser Surpasses $2.3 Billion in Investable Capital

Hercules Capital: Why It Deserves A Premium To NAV Valuation

Hercules Capital's 41.6% biotech and healthcare exposure should benefit from improving sector funding, IPO activity, and M&A exits. Higher interest rates would increase HTGC's net investment income and EPS under its disclosed rate-sensitivity assumptions. HTGC's internal management structure supports a low operating cost ratio and consistently superior ROAA and ROAE versus BDC peers.

Hercules Capital: Why It Deserves A Premium To NAV Valuation

Hercules Capital Outperformed My Expectations But I'm Not Buying

Hercules Capital is rated a hold as valuation has rebounded to a 45% premium to book value. HTGC outperformed sector peers with stable NII per share and a 2.1% NAV increase quarter-over-quarter. Credit quality improved year-over-year, with a notable 600 bps rise in Grade 1-rated investments.

Hercules Capital Outperformed My Expectations But I'm Not Buying

Hercules Capital: 11% Yield Backed By Record Performance

Hercules Capital remains a 'Strong Buy' for high-income and total return, supported by a robust venture-lending platform and efficient internal management. HTGC delivered record Q2 investment income of $149 million, with NII per share up 4.7% YoY and strong dividend coverage at 125%. Portfolio quality remains high, with minimal nonaccruals, improved average portfolio grade, and a conservative 20% loan-to-value ratio.

Hercules Capital: 11% Yield Backed By Record Performance

24/7 Wall Street

3 BDCs Yielding Big. A Roth Is the Only Place They Make Sense

Business development companies are engineered to move cash out the door: by statute, a BDC must distribute at least 90% of taxable income to shareholders, and the bulk of that income lands on your 1099 as ordinary, not qualified.

3 BDCs Yielding Big. A Roth Is the Only Place They Make Sense

Bragar Eagel & Squire, P.C. is Investigating Hercules Capital, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Hercules (HTGC) To Contact Him Directly To Discuss Their Options

Bragar Eagel & Squire, P.C. is Investigating Hercules Capital, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

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,” “Hercules Capital,” 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 Kroll Bond Rating Agency, Inc. (“KBRA”) has affirmed Hercules' investment grade corporate and credit rating of BBB+. KBRA issued a statement announ.

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

Hercules Capital: Portfolio Metrics Warrant An Upgrade To Buy

Hercules Capital earns a BUY rating due to strong fundamentals, stable NAV, and robust portfolio performance in the venture lending space. HTGC's non-accruals remain low at 0.3%, leverage has declined, and the credit profile is clean, supporting income durability. Distribution coverage is solid with a $0.40 base dividend (11.1% yield), a $0.92 per share spillover, and NII per share steady at $2.00.

Hercules Capital: Portfolio Metrics Warrant An Upgrade To Buy

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