Hercules Capital, Inc. (NYSE:HTGC) issued its quarterly earnings data on Thursday. The financial services provider reported $0.29 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.29, Bloomberg Earnings reports. Hercules Capital had a return on equity of 13.06% and a net margin of 39.73%. The business had revenue of $45.90 million during the quarter, compared to analyst estimates of $46.22 million. During the same period in the previous year, the firm earned $0.32 EPS. Hercules Capital’s quarterly revenue was up 1.8% compared to the same quarter last year.

Hercules Capital (HTGC) traded up $0.95 on Friday, reaching $13.40. The company had a trading volume of 1,720,000 shares, compared to its average volume of 294,908. Hercules Capital has a twelve month low of $11.64 and a twelve month high of $15.68. The company has a current ratio of 8.47, a quick ratio of 8.47 and a debt-to-equity ratio of 0.92. The company has a market cap of $1,110.39, a PE ratio of 10.23, a PEG ratio of 2.28 and a beta of 0.84.

The business also recently disclosed a dividend, which will be paid on Monday, November 20th. Stockholders of record on Monday, November 13th will be paid a dividend of $0.31 per share. The ex-dividend date is Friday, November 10th. Hercules Capital’s dividend payout ratio is currently 136.26%.

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Several equities analysts recently issued reports on HTGC shares. Wedbush started coverage on Hercules Capital in a research report on Tuesday, October 24th. They issued a “neutral” rating and a $13.25 price objective for the company. JMP Securities reaffirmed a “mkt outperform” rating and set a $14.50 price target on shares of Hercules Capital in a research report on Monday, August 7th. Raymond James Financial, Inc. reaffirmed an “underperform” rating on shares of Hercules Capital in a research report on Friday, August 4th. Jefferies Group LLC reaffirmed a “buy” rating and set a $16.00 price target on shares of Hercules Capital in a research report on Friday, July 14th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $16.00 price target on shares of Hercules Capital in a research report on Sunday, August 6th. One research analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $14.34.

An institutional investor recently raised its position in Hercules Capital stock. The Manufacturers Life Insurance Company lifted its stake in shares of Hercules Capital, Inc. (NYSE:HTGC) by 29.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,858 shares of the financial services provider’s stock after purchasing an additional 2,034 shares during the quarter. The Manufacturers Life Insurance Company ‘s holdings in Hercules Capital were worth $117,000 as of its most recent SEC filing. 42.74% of the stock is owned by hedge funds and other institutional investors.

About Hercules Capital

Hercules Capital, Inc is a specialty finance company. The Company is an internally managed, non-diversified, closed-end investment company. The Company focuses on providing senior secured venture growth loans to venture capital-backed companies in a range of technology, life sciences, and sustainable and renewable technology industries.

Earnings History for Hercules Capital (NYSE:HTGC)

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