Hercules CapitalHTGC
HTGC
About: Hercules Capital Inc is a specialty finance company that provides senior secured loans to high-growth, venture capital-backed companies in various 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 7,425 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
158% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 24
108% more repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 66
23% more capital invested
Capital invested by funds: $618M [Q3] → $759M (+$141M) [Q4]
11% more funds holding
Funds holding: 295 [Q3] → 328 (+33) [Q4]
2.92% more ownership
Funds ownership: 19.62% [Q3] → 22.54% (+2.92%) [Q4]
3% less call options, than puts
Call options by funds: $16.9M | Put options by funds: $17.3M
20% less funds holding in top 10
Funds holding in top 10: 5 [Q3] → 4 (-1) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$18
1%
downside
Avg. target
$20
13%
upside
High target
$25
38%
upside
6 analyst ratings
4 positive
67%
2 neutral
33%
0 negative
0%
Wells Fargo Finian O'Shea 49% 1-year accuracy 29 / 59 met price target | 5%upside $19 | Overweight Maintained | 28 Apr 2025 |
UBS Vilas Abraham 0 / 0 met price target | 1%downside $18 | Neutral Maintained | 17 Apr 2025 |
Keefe, Bruyette & Woods Paul Johnson 59% 1-year accuracy 10 / 17 met price target | 13%upside $21 | Outperform Maintained | 8 Apr 2025 |
Piper Sandler Crispin Love 40% 1-year accuracy 14 / 35 met price target | 10%upside $20 | Overweight Maintained | 8 Apr 2025 |
Compass Point Casey Alexander 40% 1-year accuracy 6 / 15 met price target | 10%upside $20 | Neutral Maintained | 19 Feb 2025 |
Financial journalist opinion
Based on 12 articles about HTGC published over the past 30 days
Neutral
Business Wire
7 hours ago
Hercules Capital Declares a Total Cash Distribution of $0.47 Per Share for the First Quarter 2025
SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” 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, is pleased to announce that its Board of Directors has declared a first quarter 2025 total cash distribution of $0.47 per share. The following shows the key dates of the first quarter 2025 di.
Neutral
Zacks Investment Research
1 day ago
Exploring Analyst Estimates for Hercules Capital (HTGC) Q1 Earnings, Beyond Revenue and EPS
Evaluate the expected performance of Hercules Capital (HTGC) for the quarter ended March 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Neutral
Seeking Alpha
3 days ago
BDC Weekly Review: Q2 Guidance Starts To Trickle In
We take a look at the action in business development companies through the third week of April and highlight some of the key themes we are watching. BDCs rallied with a 4% gain over a holiday-shortened week, though the sector remains down month-to-date, with GAIN outperforming. Q1 guidance is coming in: MAIN expects a record NAV, while CSWC anticipates a 14% drop in NII but a slight NAV increase.
Neutral
Zacks Investment Research
6 days ago
Hercules Capital (HTGC) Increases Yet Falls Behind Market: What Investors Need to Know
In the most recent trading session, Hercules Capital (HTGC) closed at $17.41, indicating a +1.52% shift from the previous trading day.
Neutral
Zacks Investment Research
1 week ago
Hercules Capital (HTGC) Rises Higher Than Market: Key Facts
In the most recent trading session, Hercules Capital (HTGC) closed at $17.54, indicating a +1.8% shift from the previous trading day.
Neutral
Business Wire
1 week ago
Hercules Capital Announces Date for Release of First Quarter 2025 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 first quarter 2025 financial results conference call for Thursday, May 1, 2025, at 2:00 p.m. PT (5:00 p.m. ET). Hercules will release its financial.
Neutral
Business Wire
1 week ago
Correction: Hercules Capital Receives Secured Debt Rating Upgrade to BBB from Fitch Ratings, Inc.
SAN MATEO, Calif.--(BUSINESS WIRE)--This press release corrects, replaces and entirely supersedes a prior version published on April 16, 2025. 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 Fitch Ratings, Inc. (“Fitch”) has upgraded Hercules' senior s.
Neutral
Business Wire
1 week ago
Hercules Capital Receives Investment Grade Rating Upgrade to BBB from Fitch Ratings, Inc.
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 Fitch Ratings, Inc. (“Fitch”) has upgraded Hercules' investment grade credit and corporate rating to BBB from BBB- with a stable outlook, as well as its underlying anal.
Positive
Seeking Alpha
2 weeks ago
Hercules Capital: You Can Lock In A 10% Yield Again
Market volatility due to new tariffs has created a buying window for high-quality BDCs like Hercules Capital, offering a 10% dividend yield. Hercules Capital's strong performance in 2024, with record gross fundings and growing portfolio, positions it well for future growth in the VC-backed tech sector. Despite being the most expensive BDC, Hercules Capital's solid dividend coverage, supplemental dividends, and growth catalysts justify its high NAV premium.
Negative
Seeking Alpha
2 weeks ago
BDC Weekly Review: BDCs Plunge On Macro Fears
We take a look at the action in business development companies through the first week of April and highlight some of the key themes we are watching. BDCs faced significant losses, with average returns around -9% on the week with valuations dropping below historical averages. Valuation uncertainty is high due to quarterly NAV declarations and systemic/idiosyncratic factors; estimated NAV drops are 2-3% from Q4 levels.
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