HTGC

Hercules Capital Inc

16.59

Oct 30 • 3:59 PM ET -0.31 (-1.83%)

16.46

Aftermarket • 7:45 PM ET -0.13 (-0.78%)

Financial Asset Management USA Mid NYSE

Oct 29, 7:43 PMHercules posts solid Q3 NII of $0.47 per share, guides to higher Q4 income on rebounding prepays

Peers: TRIN HRZN RWAY TPVG MAIN OTF ARCC TSLX GBDC OBDC

| Held by: BIZD PBDC FBDC HYIN PSP FXED PEX VPC LBO

Scroll to Statements

Index	-
Market Cap	3.14B
Enterprise Value	5.66B
Income	353.73M
Sales	593.68M
Book/sh	12.26
Cash/sh	0.27
Dividend Est.	1.60 (9.64%)
Dividend TTM	1.59 (9.58%)
Dividend Ex-Date	Nov 10, 2026
Dividend Gr. 3/5Y	5.31% 4.56%
Payout	86.29%
Employees	100
IPO	Jun 09, 2005

P/E	9.10
Forward P/E	8.53
PEG	7.61
P/S	5.30
P/B	1.35
P/C	62.20
P/FCF	9.85
EV/EBITDA	12.07
EV/Sales	9.53
Quick Ratio	0.21
Current Ratio	0.21
Debt/Eq	1.10
LT Debt/Eq	0.95
Option/Short	Yes / Yes

EPS (ttm)	1.82
EPS next Y	1.95
EPS next Q	0.48
EPS this Y	0.23%
EPS next Y	1.11%
EPS next 5Y	1.12%
EPS past 3/5Y	32.98% -1.60%
Sales past 3/5Y	14.88% 16.30%
EPS Y/Y TTM	9.28%
Sales Y/Y TTM	40.48%
EPS Q/Q	-26.64%
Sales Q/Q	1.36%
Earnings	Oct 29 AMC
EPS/Sales Surpr.	-1.03% -2.77%

Insider Own	1.95%
Insider Trans	0.00%
Inst Own	34.79%
Inst Trans	-
ROA	7.56%
ROE	15.67%
ROIC	7.79%
Gross Margin	97.95%
Oper. Margin	78.94%
Profit Margin	59.58%
SMA20	0.67%
SMA50	-2.47%
SMA200	3.22%
Trades

Shs Outstand	189.60M
Shs Float	183.52M
Short Float	5.90%
Short Ratio	7.81
Short Interest	10.83M
52W High	18.88 -12.13%
52W Low	13.58 22.13%
Volatility	1.56% 1.69%
ATR (14)	0.29
RSI (14)	48.81
Beta	0.77
Rel Volume	1.59
Avg Volume	1.39M
Volume	2,204,878

Perf Week	1.10%
Perf Month	-2.07%
Perf Quarter	-0.90%
Perf Half Y	2.65%
Perf YTD	-10.68%
Perf Year	-4.06%
Perf 3Y	14.39%
Perf 5Y	4.55%
Perf 10Y	34.81%
Recom	1.22
Target Price	19.50
Prev Close	16.90
Price	16.59
Change %	-1.83%

Consensus

Strong Buy

Avg. Price Target

$19.50

Implied Upside

+17.5%

Analysts8incl. previous ratings

Rating Distribution6 Buy · 2 Hold · 0 Sell

Date	Action	Analyst	Rating Change	Price Target Change	Implied Upside
Sep 01, 2026	Upgrade	UUBS	Neutral → Buy	$18.50	+11.5%
Feb 13, 2026	Downgrade	PPiper Sandler	Overweight → Neutral	$17.50	+5.5%
Nov 04, 2025	Upgrade	CCompass Point	Neutral → Buy	$19.50	+17.5%
Dec 12, 2024	Upgrade	KKeefe Bruyette	Mkt Perform → Outperform	$19.50 → $21.50	+29.6%
Jan 16, 2024	Downgrade	CCompass Point	Buy → Neutral	$17 → $17.50	+5.5%
Nov 21, 2023	Initiated	UUBS	Neutral	$17	+2.5%
Aug 30, 2023	Upgrade	CCompass Point	Neutral → Buy	$17.50	+5.5%
Aug 04, 2023	Upgrade	KKeefe Bruyette	Underperform → Mkt Perform	$13.50 → $17	+2.5%
Apr 06, 2023	Upgrade	PPiper Sandler	Neutral → Overweight	$16	-3.6%
Mar 13, 2023	Downgrade	KKeefe Bruyette	Mkt Perform → Underperform	$14.50 → $10.50	-36.7%
Jul 29, 2022	Downgrade	OOppenheimer	Outperform → Perform
Apr 22, 2022	Downgrade	KKeefe Bruyette	Outperform → Mkt Perform	$18	+8.5%
Apr 04, 2022	Downgrade	PPiper Sandler	Overweight → Neutral	$19	+14.5%
Feb 08, 2022	Downgrade	CCompass Point	Buy → Neutral	$18	+8.5%
Apr 28, 2021	Initiated	OOppenheimer	Outperform	$17.50	+5.5%
Mar 25, 2021	Initiated	RRBC Capital Mkts	Outperform	$17	+2.5%
Nov 02, 2020	Resumed	JJMP Securities	Mkt Outperform	$13	-21.6%
Jul 31, 2020	Upgrade	CCompass Point	Neutral → Buy	$12.75	-23.1%
Jul 20, 2020	Resumed	PPiper Sandler	Overweight	$12	-27.7%
Jun 19, 2020	Upgrade	JJanney	Neutral → Buy

Oct-29-26 05:13PM	Hercules Capital: Q3 Earnings Snapshot (Associated Press)
04:05PM	Hercules Capital Reports Third Quarter 2026 Financial Results (Business Wire)
Oct-27-26 06:00AM	Hercules Capital Declares a Total Cash Distribution of $0.47 per Share for the Third Quarter 2026 (Business Wire)
Oct-21-26 07:09PM	Hercules Capital Faces A Test Of Earnings Durability As Revenue Is Expected To Slip From Its Peak (Earnings Whispers)
Oct-16-26 06:00AM	Hercules Capital Receives Affirmed BBB- Investment Grade Corporate and Unsecured Credit Rating from Fitch Ratings, Inc. (Business Wire)
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Oct-15-26 06:00AM	Hercules Capital Announces Date for Release of Third Quarter 2026 Financial Results and Conference Call (Business Wire)
Oct-08-26 04:05PM	Hercules Capital Closes Institutional Notes Offering of $400.0 Million 6.700% Notes due 2029 (Business Wire)
Oct-07-26 11:36AM	Rocket Pharmaceuticals shares rise 4% after securing access to $150 million credit facility (Proactive)
07:10AM	MARKETS LIVE: Wall Street ends lower as 30-year Treasury yield hits 2002 high (Proactive)
06:42AM	Rocket receives $150m credit facility to advance cardiovascular portfolio (Pharmaceutical Technology)
Oct-06-26 04:12PM	Rocket Pharmaceuticals Secures Strategic Credit Facility for Up to $150 Million from Hercules Capital (Business Wire)
Oct-05-26 04:05PM	Hercules Capital Prices Upsized Institutional Notes Offering of $400.0 Million 6.70% Notes due 2029 (Business Wire)
Sep-29-26 07:00AM	NorthStar Secures Up to $185 Million Growth Financing Led by Hercules Capital to Scale Actinium-225 Production and Radiopharmaceutical Manufacturing for Next-Generation Precision Cancer Therapies (Business Wire)
Sep-17-26 04:05PM	Hercules Capital Announces the Appointment of Alfred B. Fichera to Its Board of Directors (Business Wire)
Sep-11-26 11:36AM	Is Hercules Capital (HTGC) a Buy as Wall Street Analysts Look Optimistic? (Quartz)
06:00AM	Loading…
Sep-09-26 06:00AM	Hercules Capital's Investment Adviser Surpasses $2.3 Billion in Investable Capital (Business Wire)
Aug-19-26 06:00AM	Hercules Capital Receives a BBB+ Affirmed Investment Grade Corporate and Credit Rating from Kroll Bond Rating Agency, Inc. (Business Wire)
Jul-31-26 01:01AM	Hercules Capital Inc (HTGC) (Q2 2026) Earnings Call Highlights: Record Income and Strategic ... (GuruFocus.com)
Jul-30-26 05:05PM	Hercules Capital: Q2 Earnings Snapshot (Associated Press)
04:05PM	Hercules Capital Reports Second Quarter 2026 Financial Results (Business Wire)
Jul-28-26 06:00AM	Hercules Capital Declares a Total Cash Distribution of $0.47 per Share for the Second Quarter 2026 (Business Wire)
Jul-24-26 04:05PM	Hercules Capital Closes Institutional Notes Offering of $325.0 Million 6.300% Unsecured Notes due 2031 (Business Wire)
Jul-21-26 04:15PM	Hercules Capital Prices Institutional Notes Offering of $325.0 Million 6.300% Notes due 2031 (Business Wire)
Jul-16-26 06:00AM	Hercules Capital Announces Date for Release of Second Quarter 2026 Financial Results and Conference Call (Business Wire)
Jun-10-26 09:00AM	Beren Therapeutics Secures $300M Financing to Support the Potential Commercial Launch of Adrabetadex and Long-Term Care Initiatives for Infantile-Onset Niemann-Pick Disease, Type C (Business Wire)
May-27-26 11:12AM	Volatility, lower venture valuations drive record Q1 originations Hercules Capital (Pitchbook)
May-21-26 01:30AM	6 High-Yielding BDCs Safe Enough for Dividend Investors (Barrons.com)
May-07-26 09:00AM	HTGC Lawsuit Alleges CEO Allegedly Certified Misleading Statements - Hercules Capital Investors Face Losses Following CEO Allegedly Certified Misleading Statements: SueWallSt (PR Newswire)
06:00AM	Hercules Capital Announces Date of 2026 Annual Meeting of Stockholders (Business Wire)
May-05-26 04:42PM	Hercules Capital: Q1 Earnings Snapshot (Associated Press)
04:05PM	Loading…
04:05PM	Hercules Capital Reports First Quarter 2026 Financial Results (Business Wire)
May-04-26 06:00AM	Hercules Capital Enters Next Phase of Growth with Expanded Leadership Team (Business Wire)
Apr-30-26 09:00AM	HTGC Lawsuit Alleges Executives Allegedly Misled Shareholders - Hercules Capital Investors Face Losses Following Executives Allegedly Misled Shareholders: SueWallSt (PR Newswire)
06:00AM	Hercules Capital Declares a Total Cash Distribution of $0.47 per Share for the First Quarter 2026 (Business Wire)
Apr-23-26 09:00AM	HTGC Lawsuit Alleges Company Allegedly Copied Deal Sourcing Process - Hercules Capital Investors Face Losses Following Company Allegedly Copied Deal Sourcing Process: SueWallSt (PR Newswire)
01:01AM	HTGC- A Double-Digit Yielder Being Dragged Down Unfairly (MoneyShow)
Apr-21-26 06:00AM	Hercules Capital Announces Date for Release of First Quarter 2026 Financial Results and Conference Call (Business Wire)
Apr-16-26 09:00AM	HTGC Lawsuit Alleges Hercules Allegedly Misclassified Software Debt Exposure - Hercules Capital Investors Face Losses Following Hercules Allegedly Misclassified Software Debt Exposure: SueWallSt (PR Newswire)
Apr-06-26 09:08AM	Hercules Capital, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - HTGC (PR Newswire)
06:00AM	Hercules Capital Sets New Record with All-Time High New Debt and Equity Commitments (Business Wire)
Mar-26-26 07:30AM	Hercules Capital, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights HTGC (Business Wire)
Mar-10-26 09:30AM	Is Hercules Capital (HTGC) a Buy as Wall Street Analysts Look Optimistic? (Zacks)
Mar-09-26 01:14PM	CION Investment to Report Q4 Earnings: What's in Store for the Stock? (Zacks)
07:00AM	enGene Reports First Quarter 2026 Financial Results and Provides Business Update (Business Wire)
Mar-08-26 12:34PM	Jim Cramer on Hercules Capital: "I Want You to Stay Away From These" (Insider Monkey)
Mar-04-26 12:16PM	Hercules Capital Receives a BBB (high) Affirmed Investment Grade Corporate and Credit Rating from Morningstar DBRS (Business Wire)
Mar-02-26 10:55AM	Hercules Capital Named 2025 Americas BDC Manager of the Year by Private Debt Investor (Business Wire)
Feb-27-26 03:25PM	Hercules Capital and Sallie Mae Shares Are Falling, What You Need To Know (StockStory) -7.91%
12:56PM	Main Street Capital Q4 Earnings Beat, Shares Fall as Expenses Rise Y/Y (Zacks)
Feb-25-26 12:28AM	Piper Sandler Downgrades Hercules Capital, Inc. (HTGC) to Neutral and Lowers its Price Target to $17.50 (Insider Monkey)
Feb-20-26 01:12PM	Business development companies' stocks have fallen. Some look attractive for the right type of investor. (MarketWatch)
Feb-19-26 12:37AM	Hercules Capital's Q4 Earnings Call: Our Top 5 Analyst Questions (StockStory)
Feb-13-26 11:23AM	Hercules Capital Q4 Earnings Meet Estimates, Expenses Rise Y/Y (Zacks) -6.14%
12:03AM	Hercules Capital Inc (HTGC) Q4 2025 Earnings Call Highlights: Record Performance and Strategic ... (GuruFocus.com)
Feb-12-26 11:08PM	Hercules Capital Q4 Earnings Call Highlights (MarketBeat)
06:25PM	Hercules Capital (HTGC) Q4 Earnings Match Estimates (Zacks)
05:33PM	Hercules Capital: Q4 Earnings Snapshot (Associated Press Finance)
04:05PM	Hercules Capital Reports Fourth Quarter and Full-Year 2025 Financial Results (Business Wire)
Feb-10-26 10:07PM	Hercules Capital (HTGC) To Report Earnings Tomorrow: Here Is What To Expect (StockStory)
01:06PM	Hercules Capital Closes Institutional Notes Offering of $300.0 Million 5.350% Unsecured Notes due 2029 (Business Wire)
06:01AM	Hercules Capital Announces New Supplemental Cash Distribution of $0.28 per Share (Business Wire)
06:00AM	Hercules Capital Declares a Total Cash Distribution of $0.47 per Share for the Fourth Quarter 2025 (Business Wire)
Feb-05-26 04:05PM	Hercules Capital Prices Institutional Notes Offering of $300.0 Million 5.350% Notes due 2029 (Business Wire)
10:02AM	Billions wiped off shadow banks as AI threatens wave of defaults (The Telegraph)
08:19AM	ARCC's Q4 Earnings Meet, Stock Up on Higher Total Investment Income (Zacks)
Feb-03-26 11:03PM	Hercules Capital (HTGC): Buy, Sell, or Hold Post Q3 Earnings? (StockStory)
Feb-02-26 06:00PM	Hercules Capital (HTGC) Stock Sinks As Market Gains: What You Should Know (Zacks)
12:58PM	Is Ares Capital Stock Worth Owning Ahead of Q4 Earnings? (Zacks)
Jan-31-26 02:30AM	The Exit Rush Is Over for Nontraded BDCs. Cash Keeps Coming Into Private Credit. (Barrons.com)
Jan-29-26 06:00AM	Hercules Capital Announces Date for Release of Fourth Quarter and Full-Year 2025 Financial Results and Conference Call (Business Wire)
02:26AM	Tenpoint wins FDA nod for combination presbyopia eye drop (BioPharma Dive)
Jan-28-26 12:18PM	Will Growth in Total Investment Income Continue for ARCC in 2026? (Zacks)
12:10PM	Ares Capital Slips 10.4% in 6 Months: Should You Still Buy the Stock? (Zacks)
Jan-27-26 08:05AM	Savara Announces Amendment to Hercules Capital Debt Facility Providing up to $75M of Additional Debt Funding Upon U.S. Food and Drug Administration (FDA) Approval of MOLBREEVI* (Business Wire)
Jan-20-26 05:35PM	enGene Announces Expanded $125 Million Debt Facility with Hercules Capital, Inc. (Business Wire)
Jan-15-26 08:19AM	The Russell 2000 Is Crushing 2026: 4 Red-Hot High-Yield Dividend Stocks to Buy Now (24/7 Wall St.)
Jan-14-26 06:15PM	Hercules Capital (HTGC) Rises As Market Takes a Dip: Key Facts (Zacks)
Jan-08-26 11:31AM	ARCC vs. HTGC: Which BDC Stock Is Positioned Better for Growth? (Zacks)
Jan-07-26 06:30AM	Compass Pathways Announces FDA Acceptance of IND Application for PTSD and Hosts Webinar on PTSD and TRD (Business Wire)
Jan-06-26 06:15PM	Hercules Capital (HTGC) Stock Declines While Market Improves: Some Information for Investors (Zacks)
Dec-29-25 10:25AM	The Best Ultra-High-Yield Dividend Stock to Invest $50,000 in Right Now (Motley Fool)
Dec-26-25 06:00PM	Hercules Capital (HTGC) Increases Despite Market Slip: Here's What You Need to Know (Zacks)
Dec-04-25 11:04AM	Stop Waiting for Rate Cuts. Heres How to Build an 8% Yield Portfolio Even if the Fed Holds Rates in December (24/7 Wall St.)
Nov-13-25 03:38AM	Compass Point Upgrades Hercules Capital (HTGC) After Strong Q3 Results (Insider Monkey)
Nov-12-25 03:30AM	Zacks Industry Outlook Ares Capital, Hercules Capital and Runway Growth Finance (Revised) (Zacks)
Nov-11-25 10:33PM	Reflecting On Specialty Finance Stocks' Q3 Earnings: Hercules Capital (NYSE:HTGC) (StockStory)
06:00AM	Hercules Capital Announces Upcoming Event for the Financial Community (Business Wire)
01:40AM	Zacks Industry Outlook Ares Capital, Hercules and Runway Growth Finance (Zacks)
Nov-10-25 09:04AM	3 SBIC & Commercial Finance Stocks to Watch Despite Industry Concerns (Zacks)
Nov-07-25 12:00PM	Main Street Capital Q3 Earnings Miss Estimates, Expenses Rise Y/Y (Zacks)
Nov-06-25 12:38AM	5 Insightful Analyst Questions From Hercules Capital's Q3 Earnings Call (StockStory)
Nov-03-25 10:43AM	Main Street Set to Release Q3 Earnings: What's in the Cards? (Zacks)
Oct-31-25 08:56AM	HTGC Stock Up as Q3 Earnings Beat on Higher Total Investment Income (Zacks)
08:47AM	HTGC Q3 Deep Dive: Disciplined Lending Drives Portfolio Growth Amid Mixed Market Conditions (StockStory)
Oct-30-25 11:06PM	Hercules Capital Inc (HTGC) Q3 2025 Earnings Call Highlights: Record Originations and ... (GuruFocus.com)
05:35PM	Hercules Capital (HTGC) Q3 Earnings Miss Estimates (Zacks)
04:28PM	Hercules Capital: Q3 Earnings Snapshot (Associated Press Finance)
04:05PM	Hercules Capital Reports Third Quarter 2025 Financial Results (Business Wire)
Oct-29-25 11:10AM	Ares Capital Q3 Earnings Meet Estimates, Total Investment Income Rises (Zacks)
Oct-28-25 11:09PM	Hercules Capital (HTGC) Q3 Earnings: What To Expect (StockStory)

Show Previous News

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
BADAVAS ROBERT P	Director	Mar 26 '26	Buy	14.35	3,658	52,492	5,070	Mar 30 07:55 PM
Loo Wade	Director	Mar 26 '26	Buy	14.35	7,317	104,999	14,050	Mar 30 07:46 PM
Fallon Thomas J	Director	Mar 26 '26	Buy	14.30	7,300	104,390	157,669	Mar 30 07:45 PM
Aguirre DeAnne	Director	Mar 26 '26	Buy	14.35	7,317	104,999	10,749	Mar 30 03:56 PM
Randhawa Paramjeet K	Director	Mar 26 '26	Buy	14.35	2,926	41,988	22,486	Mar 30 03:40 PM
CROWELL GAYLE A	Director	Mar 26 '26	Buy	14.35	7,317	104,999	97,589	Mar 30 03:38 PM
Theodosopoulos Nikos	Director	Mar 26 '26	Buy	14.35	7,317	104,999	29,362	Mar 30 03:37 PM
Randhawa Paramjeet K	Director	Mar 04 '26	Buy	14.78	3,050	45,079	19,560	Mar 05 02:54 PM
Theodosopoulos Nikos	Director	Feb 27 '26	Buy	14.21	2,600	36,946	21,523	Feb 27 05:22 PM
BADAVAS ROBERT P	Director	Feb 27 '26	Buy	14.27	5,000	71,350	122,073	Feb 27 04:53 PM
Botelho Kiersten Zaza	Chief Legal Officer & CCO	Feb 27 '26	Buy	14.21	1,300	18,473	93,336	Feb 27 04:34 PM
Fallon Thomas J	Director	Feb 27 '26	Buy	14.20	20,000	284,000	150,369	Feb 27 04:33 PM
Meyer Seth H	Chief Financial Officer	Feb 27 '26	Buy	14.33	7,000	100,310	448,553	Feb 27 04:33 PM
Bluestein Scott	Chief Executive Officer	Feb 27 '26	Buy	14.35	7,000	100,450	2,516,379	Feb 27 04:33 PM
Loo Wade	Director	Feb 25 '26	Buy	14.98	3,300	49,434	32,767	Feb 26 04:24 PM
BADAVAS ROBERT P	Director	Feb 24 '26	Buy	15.01	5,000	75,050	117,073	Feb 25 08:53 PM
Fallon Thomas J	Director	Feb 24 '26	Buy	14.98	10,000	149,800	130,369	Feb 25 04:03 PM
CROWELL GAYLE A	Director	Feb 23 '26	Buy	15.20	6,600	100,320	87,458	Feb 25 08:59 AM
Bluestein Scott	Chief Executive Officer	Feb 24 '26	Buy	15.08	30,000	452,400	2,509,379	Feb 24 06:53 PM
Theodosopoulos Nikos	Director	Feb 17 '26	Buy	15.93	6,165	98,208	18,923	Feb 19 11:13 AM
Fallon Thomas J	Director	Feb 17 '26	Buy	15.88	20,000	317,600	120,369	Feb 19 11:12 AM
CROWELL GAYLE A	Director	Nov 03 '25	Buy	17.77	6,000	106,647	78,727	Nov 04 05:32 PM

Hercules Capital, Inc. is a business development company. It focuses on venture lending capital-backed companies in the technology and life science industries. The company was founded in December 2003 and is headquartered in San Mater, CA.

CEOMr. Scott Bluestein

PresidentMr. Seth Hardy Meyer

Chief Operating OfficerMr. Christian Follmann

Chief Legal OfficerMs. Kiersten Zaza Botelho

CPAMr. Andrew Jordan Olson C.F.A.

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HTGC

Hercules Capital Inc

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