Hercules Capital

HTGC

Market cap $3.12B

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 it has scheduled its third quarter 2025 financial results conference call for Thursday, October 30, 2025, at 2:00 p.m. PT (5:00 p.m. ET). Hercules.

Sound Income Strategies, LLC disclosed the sale of 177,473 shares of Hercules Capital (HTGC -2.02%) for an estimated $3.40 million in an SEC filing dated October 10, 2025.

Hercules Capital (HTGC) closed the most recent trading day at $17.06, moving 3.67% from the previous trading session.

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 investment income and support innovative companies through lower debt servicing costs. Key financial metrics show HTGC trades at a discount to sector medians, with superior EBITDA margin, return on assets, and dividend yield.

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 coverage, high floating-rate exposure, and significant upcoming debt maturities raise concerns about a near-term cut. MSDL, despite robust liquidity and investment-grade ratings, has seen declining earnings, rising non-performing loans, and high floating-rate exposure, signaling possible dividend reduction.

In the most recent trading session, Hercules Capital (HTGC) closed at $18.88, indicating a -1.2% shift from the previous trading day.

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.

Does Hercules Capital's tech and life sciences focus, rising commitments and stronger earnings outlook give it an edge over Ares Capital? Let's decode.

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 efficient internal management drives stable returns and portfolio growth. Despite trading at a premium to NAV, HTGC offers a reasonable forward P/E and higher yield than many externally managed peers.

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 AI-powered platform for finance automation, today announced it has secured $200 million in growth financing from long-time partner Hercules Capital, Inc. (NYSE: HTGC).