Hercules Capital, Inc. (HTGC) to Issue Quarterly Dividend of $0.07 on March 4th

Hercules Capital, Inc. (NYSE:HTGC) declared a quarterly dividend on Tuesday, February 10th. Investors of record on Wednesday, February 25th will be paid a dividend of 0.07 per share by the financial services provider on Wednesday, March 4th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Wednesday, February 25th.

Hercules Capital has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 1 years. Hercules Capital has a dividend payout ratio of 80.4% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Equities research analysts expect Hercules Capital to earn $2.03 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 78.8%.

Hercules Capital Stock Performance

HTGC opened at $15.43 on Monday. Hercules Capital has a 1-year low of $15.26 and a 1-year high of $21.97. The company has a market cap of $2.84 billion, a price-to-earnings ratio of 8.43 and a beta of 0.84. The company’s fifty day moving average price is $18.01 and its two-hundred day moving average price is $18.31. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 1.03.

Hercules Capital (NYSE:HTGC) last issued its quarterly earnings data on Thursday, February 12th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.48. Hercules Capital had a net margin of 63.80% and a return on equity of 15.97%. The firm had revenue of $133.25 million during the quarter, compared to analysts’ expectations of $141.57 million. During the same period last year, the company earned $0.49 earnings per share. On average, analysts expect that Hercules Capital will post 1.96 EPS for the current fiscal year.

Key Hercules Capital News

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

• Positive Sentiment: Directors increased personal stakes: two insiders bought shares on Feb. 17 — Thomas J. Fallon purchased 20,000 shares and Nikos Theodosopoulos bought 6,165 shares, signaling management confidence. Thomas J. Fallon SEC filing Nikos Theodosopoulos purchase
• Positive Sentiment: Analyst upgrade/positive take: Seeking Alpha upgraded HTGC from Hold to Buy after a ~16% pullback, arguing the sell-off presents an attractive yield and valuation entry for income investors. Seeking Alpha upgrade
• Positive Sentiment: Management highlights growth: CEO and management emphasized record originations ($1.06B) and portfolio growth on the Q4 call, which supports future earnings potential despite a near-term revenue miss. Q4 earnings call coverage
• Neutral Sentiment: Retail/coverage mention: HTGC appeared on a Yahoo watchlist of “stocks under $50,” a visibility note but not a material catalyst. Watchlist mention
• Neutral Sentiment: Wall Street mix: Brokers maintain a mix of Buy/Outperform ratings but have trimmed price targets recently; consensus still modestly positive but shows reduced near-term upside. Analyst coverage summary
• Negative Sentiment: Q4 misses: Hercules met GAAP EPS but missed revenue and non‑GAAP profit expectations, which likely pressured the shares as investors focused on near‑term payout sustainability. Earnings call coverage
• Negative Sentiment: Dividend reduced: Management announced a quarterly dividend of $0.07 (annualized $0.28, ~1.8% yield) with a high payout ratio (~87%), undermining HTGC’s appeal to income investors and likely contributing to the selloff. MarketBeat dividend & metrics
• Negative Sentiment: Technical and valuation headwinds: HTGC is trading below its 50- and 200-day moving averages and near its 52-week low; combined with leverage (debt/equity ~1.03) this amplifies downside in weak market/sector conditions. MarketBeat stock stats

Hercules Capital Company Profile

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.