Hercules Capital Inc (NYSE:HTGC) – Investment analysts at B. Riley issued their Q1 2021 EPS estimates for shares of Hercules Capital in a research report issued on Monday, January 13th. B. Riley analyst T. Hayes anticipates that the financial services provider will earn $0.37 per share for the quarter. B. Riley also issued estimates for Hercules Capital’s Q2 2021 earnings at $0.38 EPS, Q3 2021 earnings at $0.38 EPS, Q4 2021 earnings at $0.39 EPS and FY2021 earnings at $1.53 EPS.
A number of other research analysts have also issued reports on HTGC. Wells Fargo & Co raised Hercules Capital from a “market perform” rating to an “outperform” rating in a report on Monday, November 4th. JMP Securities set a $15.00 target price on Hercules Capital and gave the company a “buy” rating in a report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. Hercules Capital has an average rating of “Hold” and a consensus target price of $13.61.
Hercules Capital (NYSE:HTGC) last released its earnings results on Wednesday, October 30th. The financial services provider reported $0.37 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.34 by $0.03. The business had revenue of $69.24 million for the quarter, compared to analyst estimates of $68.08 million. Hercules Capital had a return on equity of 12.94% and a net margin of 44.00%. The company’s revenue for the quarter was up 31.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 earnings per share.
Several institutional investors have recently bought and sold shares of HTGC. Quest Capital Management Inc. ADV purchased a new stake in shares of Hercules Capital in the third quarter valued at approximately $29,000. Private Ocean LLC boosted its position in Hercules Capital by 20.4% during the third quarter. Private Ocean LLC now owns 5,623 shares of the financial services provider’s stock worth $76,000 after purchasing an additional 953 shares in the last quarter. Parallel Advisors LLC boosted its position in Hercules Capital by 51.6% during the third quarter. Parallel Advisors LLC now owns 6,040 shares of the financial services provider’s stock worth $81,000 after purchasing an additional 2,057 shares in the last quarter. Vestmark Advisory Solutions Inc. purchased a new stake in Hercules Capital during the third quarter worth $161,000. Finally, OneAscent Financial Services LLC purchased a new stake in Hercules Capital during the second quarter worth $165,000. Hedge funds and other institutional investors own 33.39% of the company’s stock.
Hercules Capital Company Profile
Hercules Capital, Inc is a business development company. The firm specializing in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development from startups, to expansion stage including select publicly listed companies and select special opportunity lower middle market companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies.
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