Hercules Capital (NYSE:HTGC) Given New $20.00 Price Target at LADENBURG THALM/SH SH

Hercules Capital (NYSE:HTGC) had its price objective decreased by LADENBURG THALM/SH SH from $21.00 to $20.00 in a report issued on Friday morning,Benzinga reports. LADENBURG THALM/SH SH currently has a buy rating on the financial services provider’s stock.

A number of other equities analysts also recently issued reports on HTGC. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hercules Capital in a research report on Wednesday, June 17th. UBS Group raised their price objective on Hercules Capital from $15.00 to $15.50 and gave the stock a “neutral” rating in a research report on Monday, May 18th. Citizens Jmp dropped their target price on Hercules Capital from $24.00 to $22.00 and set a “market outperform” rating on the stock in a research note on Wednesday, April 22nd. Piper Sandler upped their target price on Hercules Capital from $16.50 to $17.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Finally, Keefe, Bruyette & Woods decreased their price target on Hercules Capital from $19.00 to $18.00 and set an “outperform” rating for the company in a research note on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.46.

Hercules Capital Trading Up 3.3%

NYSE HTGC opened at $16.46 on Friday. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 1.14. The firm has a market cap of $3.08 billion, a PE ratio of 8.19 and a beta of 0.79. The company has a 50 day moving average price of $15.71 and a 200 day moving average price of $15.84. Hercules Capital has a 52 week low of $13.70 and a 52 week high of $19.67.

Hercules Capital (NYSE:HTGC) last posted its earnings results on Thursday, July 30th. The financial services provider reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02. The company had revenue of $134.41 million during the quarter, compared to analysts’ expectations of $146.71 million. Hercules Capital had a net margin of 67.68% and a return on equity of 16.13%. Hercules Capital’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.50 earnings per share. As a group, sell-side analysts forecast that Hercules Capital will post 1.93 EPS for the current fiscal year.

Hercules Capital Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 18th. Shareholders of record on Tuesday, August 11th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 9.7%. The ex-dividend date is Tuesday, August 11th. This is a positive change from Hercules Capital’s previous quarterly dividend of $0.07. Hercules Capital’s dividend payout ratio (DPR) is currently 90.40%.

Institutional Investors Weigh In On Hercules Capital

Institutional investors and hedge funds have recently made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Hercules Capital during the fourth quarter valued at $27,000. Cornerstone Planning Group LLC acquired a new position in shares of Hercules Capital in the 4th quarter valued at $29,000. Northwestern Mutual Wealth Management Co. raised its stake in Hercules Capital by 113.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,884 shares of the financial services provider’s stock worth $35,000 after acquiring an additional 1,000 shares during the last quarter. Summit Securities Group LLC raised its stake in Hercules Capital by 233.3% in the 4th quarter. Summit Securities Group LLC now owns 2,000 shares of the financial services provider’s stock worth $38,000 after acquiring an additional 1,400 shares during the last quarter. Finally, Fifth Third Bancorp acquired a new stake in Hercules Capital during the 1st quarter worth about $35,000. 19.69% of the stock is currently owned by institutional investors and hedge funds.

Hercules Capital News Roundup

Here are the key news stories impacting Hercules Capital this week:

• Positive Sentiment: In-line earnings and record investment income: HTGC reported second-quarter earnings of $0.50 per share, matching estimates and the year-ago result. Total investment income rose 8.5%, helping produce record first-half results and supporting the company’s ability to fund shareholder distributions. HTGC Q2 Earnings Meet Estimates, Stock Up on Record Investment Income
• Positive Sentiment: Positive analyst stance: Ladenburg Thalmann lowered its price target from $21 to $20 but maintained a “buy” rating, implying approximately 21.5% upside from the referenced $16.46 share price. Ladenburg Thalmann HTGC Price Target Update
• Positive Sentiment: Distribution supported by earnings: Hercules announced a quarterly distribution that management said was backed by earnings, reinforcing the stock’s appeal to income-focused investors. Hercules Capital Announces Strong Q2 Distribution Backed by Earnings
• Neutral Sentiment: Expected portfolio activity: Management anticipates $200 million to $300 million of prepayments in the third quarter while targeting an 11.8%–12% core yield. Prepayments can generate gains and reinvestment opportunities but may temporarily reduce interest income if replacement investments are delayed. Hercules Capital Q3 Prepayment and Core Yield Outlook
• Negative Sentiment: Revenue missed expectations: Quarterly revenue was $134.41 million, below the $146.71 million consensus estimate. Higher expenses also weighed on results, limiting the benefit from stronger investment income. Hercules Capital Reports Second Quarter 2026 Financial Results

About Hercules Capital

Hercules Capital, Inc is a specialty finance company organized as a business development company (BDC) that provides tailored debt financing solutions to high‐growth companies. Through its external management structure, Hercules Capital extends senior secured loans, subordinated debt and growth capital designed to support research and development, expansion initiatives and working capital needs. The firm primarily partners with venture capital and private equity sponsors to finance innovative enterprises across various developmental stages.

The company’s investment portfolio is concentrated in technology, life sciences and sustainable and renewable technology sectors, reflecting its focus on industries with strong growth prospects and recurring capital requirements.