Hercules Capital, Inc. (HTGC)

Official site

FINANCIAL SERVICES • ASSET MANAGEMENT • NYSE

$16.67

+0.33 (+2.02%)

Market Cap: $3.06B

Last updated: Oct 16, 2026 at 1:55 PM ET

Earnings

Performance (10Y)

Beat Rate

77%(30/39)

Avg Surprise

+3.47%

Streak

2 Q

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$0.48

Range$0.45 - $0.51

9 analysts

EPS RevisionsNo revisions (7d)

30d

EPS Estimate DriftChange to current

90d ago$0.49-1.3%

60d ago$0.49-1.3%

30d ago$0.48-0.0%

7d ago$0.48-0.0%

Current$0.48

Revenue Consensus

$144M

Range$141M - $150M

8 analysts

Period ending Dec 31, 2026

EPS Consensus$0.49

Range$0.44 - $0.53

9 analysts

Revenue Consensus

$149M

Range$143M - $160M

8 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$0.49	$0.44 - $0.53	-	-	9	-	-
Sep 30, 2026Sep 26EST	-	$0.48	$0.45 - $0.51	-	-	9	0 1 30d	-
Jun 30, 2026Jun 26 Reported Jul 30, 2026Reported Jul 30	$0.50	$0.50	$0.47 - $0.50	+0.00%	Beat	7	2 2 30d	+0.0%
Mar 31, 2026Mar 26 Reported May 5, 2026Reported May 5	$0.48	$0.47	$0.44 - $0.49	+2.13%	Beat	9	0 1 30d	+6.7%
Dec 31, 2025Dec 25 Reported Feb 12, 2026Reported Feb 12	$0.48	$0.49	$0.48 - $0.52	-2.04%	Miss	9	0 1 30d	-2.0%
Sep 30, 2025Sep 25 Reported Oct 30, 2025Reported Oct 30	$0.49	$0.48	$0.47 - $0.51	+2.08%	Beat	8	0 1 30d	-3.9%
Jun 30, 2025Jun 25 Reported Jul 31, 2025Reported Jul 31	$0.50	$0.47	$0.45 - $0.50	+6.38%	Beat	8	0 1 30d	-2.0%
Mar 31, 2025Mar 25 Reported May 1, 2025Reported May 1	$0.45	$0.47	$0.45 - $0.51	-4.26%	Miss	8	0 8 30d	-10.0%
Dec 31, 2024Dec 24 Reported Feb 13, 2025Reported Feb 13	$0.49	$0.50	$0.49 - $0.53	-2.00%	Miss	9	0 1 30d	-12.5%
Sep 30, 2024Sep 24 Reported Oct 30, 2024Reported Oct 30	$0.51	$0.51	$0.48 - $0.53	+0.00%	Beat	9	No revisions (30d)	-1.9%
Jun 30, 2024Jun 24 Reported Aug 1, 2024Reported Aug 1	$0.51	$0.51	$0.50 - $0.52	+0.00%	Beat	9	1 0 30d	-3.8%
Mar 31, 2024Mar 24 Reported May 2, 2024Reported May 2	$0.50	$0.50	$0.48 - $0.53	+0.00%	Beat	9	No revisions (30d)	+4.2%
Dec 31, 2023Dec 23 Reported Feb 15, 2024Reported Feb 15	$0.56	$0.50	$0.48 - $0.53	+12.00%	Beat	9	No revisions (30d)	+19.1%
Sep 30, 2023Sep 23 Reported Nov 2, 2023Reported Nov 2	$0.52	$0.49	$0.44 - $0.51	+6.12%	Beat	8	No revisions (30d)	+33.3%
Jun 30, 2023Jun 23 Reported Aug 3, 2023Reported Aug 3	$0.53	$0.49	$0.44 - $0.52	+8.16%	Beat	8	No revisions (30d)	+65.6%
Mar 31, 2023Mar 23 Reported May 4, 2023Reported May 4	$0.48	$0.46	$0.43 - $0.49	+4.35%	Beat	8	No revisions (30d)	+60.0%
Dec 31, 2022Dec 22 Reported Feb 16, 2023Reported Feb 16	$0.47	$0.42	$0.39 - $0.44	+11.90%	Beat	9	No revisions (30d)	+34.3%
Sep 30, 2022Sep 22 Reported Nov 2, 2022Reported Nov 2	$0.39	$0.36	$0.35 - $0.37	+8.33%	Beat	9	No revisions (30d)	+18.2%
Jun 30, 2022Jun 22 Reported Jul 28, 2022Reported Jul 28	$0.32	$0.33	$0.31 - $0.35	-3.03%	Miss	9	No revisions (30d)	+0.0%
Mar 31, 2022Mar 22 Reported May 5, 2022Reported May 5	$0.30	$0.31	$0.31 - $0.32	-3.23%	Miss	9	No revisions (30d)	+0.0%
Dec 31, 2021Dec 21 Reported Feb 22, 2022Reported Feb 22	$0.35	$0.32	$0.30 - $0.33	+9.38%	Beat	9	No revisions (30d)	-5.4%
Sep 30, 2021Sep 21 Reported Oct 28, 2021Reported Oct 28	$0.33	$0.32	$0.31 - $0.34	+3.13%	Beat	11	No revisions (30d)	-2.9%
Jun 30, 2021Jun 21 Reported Jul 29, 2021Reported Jul 29	$0.32	$0.32	$0.31 - $0.33	+0.00%	Beat	11	No revisions (30d)	+0.0%
Mar 31, 2021Mar 21 Reported Apr 29, 2021Reported Apr 29	$0.30	$0.30	$0.30 - $0.31	+0.00%	Beat	12	1 0 30d	-18.9%
Dec 31, 2020Dec 20 Reported Feb 23, 2021Reported Feb 23	$0.37	$0.33	$0.32 - $0.34	+12.12%	Beat	10	No revisions (30d)	-2.6%
Sep 30, 2020Sep 20 Reported Oct 29, 2020Reported Oct 29	$0.34	$0.32	$0.31 - $0.35	+6.25%	Beat	10	No revisions (30d)	-8.1%
Jun 30, 2020Jun 20 Reported Jul 30, 2020Reported Jul 30	$0.32	$0.33	$0.32 - $0.35	-3.03%	Miss	10	1 0 30d	-11.1%
Mar 31, 2020Mar 20 Reported May 4, 2020Reported May 4	$0.37	$0.36	$0.35 - $0.36	+2.78%	Beat	9	No revisions (30d)	+23.3%
Dec 31, 2019Dec 19 Reported Feb 20, 2020Reported Feb 20	$0.38	$0.36	$0.35 - $0.36	+5.56%	Beat	8	No revisions (30d)	+18.8%
Sep 30, 2019Sep 19 Reported Oct 30, 2019Reported Oct 30	$0.37	$0.34	$0.33 - $0.35	+8.82%	Beat	10	No revisions (30d)	+19.4%
Jun 30, 2019Jun 19 Reported Aug 1, 2019Reported Aug 1	$0.36	$0.33	$0.32 - $0.35	+9.09%	Beat	10	No revisions (30d)	+38.5%
Mar 31, 2019Mar 19 Reported May 2, 2019Reported May 2	$0.30	$0.31	$0.30 - $0.32	-3.23%	Miss	10	No revisions (30d)	-3.2%
Dec 31, 2018Dec 18 Reported Feb 21, 2019Reported Feb 21	$0.32	$0.31	$0.29 - $0.31	+3.23%	Beat	11	No revisions (30d)	+0.0%
Sep 30, 2018Sep 18 Reported Nov 1, 2018Reported Nov 1	$0.31	$0.31	$0.29 - $0.33	+0.00%	Beat	12	No revisions (30d)	+6.9%
Jun 30, 2018Jun 18 Reported Aug 2, 2018Reported Aug 2	$0.26	$0.28	$0.25 - $0.32	-7.14%	Miss	11	No revisions (30d)	-16.1%
Mar 31, 2018Mar 18 Reported May 3, 2018Reported May 3	$0.31	$0.30	$0.28 - $0.31	+3.33%	Beat	12	No revisions (30d)	+10.7%
Dec 31, 2017Dec 17 Reported Feb 22, 2018Reported Feb 22	$0.32	$0.29	$0.27 - $0.32	+10.34%	Beat	12	1 0 30d	-25.6%
Sep 30, 2017Sep 17 Reported Nov 2, 2017Reported Nov 2	$0.29	$0.29	$0.28 - $0.30	+0.00%	Beat	10	No revisions (30d)	-
Jun 30, 2017Jun 17 Reported Aug 3, 2017Reported Aug 3	$0.31	$0.31	$0.30 - $0.32	+0.00%	Beat	9	2 0 30d	-
Mar 31, 2017Mar 17 Reported May 4, 2017Reported May 4	$0.28	$0.30	-	-6.67%	Miss	-	-	-
Dec 31, 2016Dec 16 Reported Feb 23, 2017Reported Feb 23	$0.43	$0.32	-	+34.38%	Beat	-	-	-

Dividends

Dividend Metrics

Forward Yield11.28%

Forward Annual Dividend$1.88

Payout Ratio152.27%

FrequencyQuarterly

Pay MonthsMar, May, Jul, Aug, Nov

Growth

3Y CAGR+1.09%

5Y CAGR+7.66%

HTGC dividend history and ex-dividend dates Run HTGC in the free DRIP calculator

Key Metrics

Valuation
P/E Ratio	8.55	EV/EBITDA	19.23x
Price/FCF	N/A	FCF Yield	N/A
Profitability
Profit Margin	67.70%	Operating Margin	83.20%
ROE	17.30%	ROIC	5.01%
Financial Health
Debt/Equity	1.03x	Interest Coverage	3.76x
Current Ratio	N/A	Quick Ratio	N/A
Trading Statistics
Beta	0.76	Avg Volume	1.18M
52-Week High	$17.93	52-Week Low	$12.98

Technical Indicators Dashboard

Moving Averages

SMA 10$16.54

SMA 20$16.78

SMA 50$17.07

SMA 200$15.67

EMA 10$16.59

EMA 20$16.75

EMA 50$16.76

EMA 200$16.05

MACD

Line: -0.18Signal: -0.15Hist: -0.03

ADX

ADX: 28.8+DI: 19.7-DI: 24.7

Aroon & PSAR

Aroon Up20.0

Aroon Down96.0

PSAR$16.21

Bollinger Bands

Upper Band$17.39

Lower Band$16.17

%B Position725%(Upper)

Band Width0.41

RSI (14-Day)

Neutral

46.1

Momentum Oscillators

Stoch %K25.0

Stoch %D20.7

Williams %R-52.1

ROC (10d)-1.6%

Momentum-0.27

CCI (20d)-50.6

MFI (14d)33.0

Volatility Measures

ATR (14d)$0.30(1.8%)

StdDev (20d)0.30

Hist Vol16.5%(Low)

Volume Flow

VWAP$16.62

OBV-26.7M

AD Line-4.7B

CMF (20d)-0.286

Volume Metrics

Avg Vol (20d)1.2M

Vol Ratio1.0x

VWMA (20d)$16.81

Pivot Points

R3$16.63

R2$16.52

R1$16.43

Pivot Point$16.32

S1$16.23

S2$16.12

S3$16.03

Advanced Oscillators

TSI-19.56

Ultimate Osc49.1

KST-43.61

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$275.92M	$218.78M	$-84,172,000	$197.15M	$150.82M	$117.95M	$204.90M	$184.77M	$178.40M	$129.72M	$-324,879,000	$278.46M
Cost of Revenue	N/A	$28.15M	$3.03M	$24.19M	$22.93M	$19.70M	$20.00M	$20.37M	$19.16M	$17.62M	$17.38M	$16.43M
Gross Profit	N/A	$67.78M	$154.72M	$145.12M	$104.70M	$72.71M	$82.25M	$90.42M	$65.34M	$115.73M	$139.35M	$51.49M

Operating Expenses	$114.02M	$159.16M	$20.93M	$21.10M	$98.14M	$42.05M	$-3,965,000	$16.75M	$18.89M	$42.39M	$101.70M	$18.20M
R&D	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
SG&A	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Operating Income	N/A	$42.50M	$116.25M	$119.69M	$78.89M	$50.34M	$61.44M	$68.71M	$41.85M	$90.96M	$120.18M	$27.97M

Interest Income	$138.04M	$139.80M	$-386,702,000	$134.55M	$129.57M	$115.57M	$121.30M	$122.54M	$120.99M	$115.78M	$-177,776,000	$220.68M
Interest Expense	$0	$28.15M	$25.36M	$24.19M	$0	$0	$37.62M	$20.37M	$19.16M	$0	$-50,237,000	$16.43M
Income Before Tax	$161.90M	$56.94M	$-105,104,000	$176.04M	$52.68M	$75.90M	$208.87M	$168.02M	$159.50M	$87.33M	$-452,823,000	$260.26M
Income Tax Expense	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

Net Income	$161.90M	$42.50M	$-112,333,000	$176.04M	$52.68M	$75.90M	$208.87M	$168.02M	$159.50M	$87.33M	$-419,376,000	$260.26M

EBITDA	$117.72M	$105.42M	$-87,122,000	$143.66M	$52.65M	$76.79M	$164.23M	$213.62M	$160.28M	$88.37M	$-457,686,000	$266.22M
EBIT	$161.90M	$59.62M	$-105,104,000	$176.04M	$52.68M	$75.90M	$208.87M	$168.02M	$159.50M	$87.33M	$-426,580,000	$260.26M

* Some calculated fields are derived from available data when not provided by source

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News

Hercules Capital (HTGC) Exceeds Market Returns: Some Facts to Consider

Hercules Capital (HTGC) recently outperformed the S&P 500 with a 1.96% gain in its latest trading session, contrasting its previous underperformance. The company is projected to report unchanged EPS of $0.49...

Yahoo Finance Australia•Oct 15, 2026 5:09 PM ET10/15/26•Somewhat-Bullish

Form 4 Hercules Capital Inc: Kiersten Zaza Botelho (Chief Legal Officer & CCO) For: 9 October

This article reports on a Form 4 filing for Hercules Capital Inc., detailing an insider transaction by Kiersten Zaza Botelho...

Investing.com Nigeria•Oct 14, 2026 7:44 PM ET10/14/26•Neutral

What Hercules Capital (HTGC)'s $400 Million Bond Offering Means For Shareholders

Hercules Capital (HTGC) has completed a $400 million offering of 6.700% senior unsecured notes due in 2029 to refinance existing borrowings and fund new investments. This move reshapes its funding mix and long-term...

Simply Wall Street•Oct 6, 2026 1:38 PM ET10/6/26•Neutral

Why Hercules Capital (HTGC) Is Getting Attention Today

Hercules Capital (HTGC) has seen recent investor attention due to a short-term stock decline, despite strong longer-term returns. The stock is currently trading at a discount to analyst targets and an internal fair value...

Simply Wall Street•Oct 3, 2026 2:24 PM ET10/3/26•Somewhat-Bullish

Net income of Hercules Capital, Inc. – HAN:19H

This article provides financial information for Hercules Capital, Inc. (HAN:19H) traded on the Hannover Stock Exchange. It specifically highlights the net income of the company and appears to be a stub or preview of more...

TradingView•Sep 29, 2026 3:54 PM ET9/29/26•Neutral

HTGC Valuation and Fair Value

P/E: 8.5x
Forward P/E: 8.6x
EV/EBITDA: 19.2x
PEG: 0.5x
P/B: 1.4x

See GNG's fair value

HTGC Profitability: Margins, ROIC and FCF

Operating margin: 83.2%
Net margin: 67.7%
ROIC: 5.0%
ROE: 17.3%
FCF margin: 1.4%

HTGC Competitors

Company	Ticker
Seacoast Banking Corporation of Florida	SBCF
Digitalbridge Group Inc	DBRG
Fulton Financial Corporation	FULTP
PennyMac Finl Svcs Inc	PFSI
Community Bank System Inc	CBU
Slide Insurance Holdings, Inc. Common Stock	SLDE
Golub Capital BDC Inc	GBDC
NMI Holdings Inc	NMIH

Sector: Financial Services

HTGC Analyst Ratings

Consensus: Buy
Analysts: 9
Strong Buy: 2
Buy: 6
Hold: 1
Sell: 0
Strong Sell: 0

HTGC Bull Case vs Bear Case

Bull case

HTGC has a 67.7% net profit margin.
88.9% of HTGC's analyst ratings are Buy or Strong Buy.

Bear case

HTGC beat EPS estimates in 37.5% of its last 8 reported quarters.

HTGC Earnings: Beat Rate and Next Report

Beat rate: 3 of 8 quarters (37.5%)
Average surprise: 0.3%
EPS estimate (fiscal period ending Sep 30, 2026): $0.48
Estimate revisions (30 days, fiscal period ending Sep 30, 2026): 0 up, 1 down

HTGC Dividend

Forward yield: 11.3%
Payout ratio: 152.3%
3Y DPS growth: 1.1%
5Y DPS growth: 7.7%
Pay months: Mar, May, Jul, Aug, Nov

HTGC dividend history

Frequently Asked Questions About HTGC

What is HTGC's current dividend yield?

Hercules Capital, Inc. (HTGC) has a forward dividend yield of 11.28%.

Does HTGC pay dividends?

Yes, Hercules Capital, Inc. pays dividends with a forward dividend yield of 11.28%.

What is HTGC's P/E ratio?

Hercules Capital, Inc. has a price-to-earnings (P/E) ratio of 8.55.

What is HTGC's market cap?

Hercules Capital, Inc. (HTGC) has a market capitalization of $3.06B with a current stock price of $16.67.

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