Hercules Capital (HTGC) concluded the recent trading session at $21.08, signifying a +0.72% move from its prior day's close.
Hercules Capital remains a strong income investment due to its internal management, and high-quality, conservatively managed portfolio. HTGC has delivered impressive returns, outperforming the S&P 500 and VanEck BDC ETF over the past decade, with a 321% total return. The company carries a robust balance sheet, investment-grade credit ratings, and a 9.6% dividend yield well-covered by net investment income.
Hercules Capital (HTGC) concluded the recent trading session at $19.98, signifying a -0.2% move from its prior day's close.
In the latest trading session, Hercules Capital (HTGC) closed at $20.12, marking a -1.28% move from the previous day.
Hercules Capital (HTGC) concluded the recent trading session at $20.08, signifying a +1.11% move from its prior day's close.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Hercules Capital offers an attractive income yield (~8.4% regular dividends) and focuses on US businesses in technology, life sciences, SaaS, and renewable technology sectors. Since Hercules Capital offers attractive distributions (including supplemental dividends), investors should examine the safety of its payments, as HTGC is sensitive to FED policy. I provided a sensitivity analysis of Hercules dividend coverage, taking into account different interest-level scenarios, including both the reduction of its income and the lower cost of debt.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
HTGC's third-quarter 2024 earnings match estimates on an increase in total investment income and solid portfolio activities.
The headline numbers for Hercules Capital (HTGC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Hercules Capital, Inc. (NYSE:HTGC ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Michael Hara - Investor Relations and Corporate Communications Scott Bluestein - Chief Executive Officer and Chief Investment Officer Seth Meyer - Chief Financial Officer Conference Call Participants Crispin Love - Piper Sandler Brian McKenna - Citizens JMP John Hecht - Jefferies Finian O'Shea - Wells Fargo Securities Christopher Nolan - Ladenburg Thalmann Operator Good day, and thank you for standing by. Welcome to the Hercules Capital Third Quarter 2024 Financial Results and Conference Call.
Hercules Capital (HTGC) came out with quarterly earnings of $0.51 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.52 per share a year ago.