Hercules Capital (HTGC) Given News Impact Score of 0.21
Media stories about Hercules Capital (NYSE:HTGC) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hercules Capital earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 45.5362732892214 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
- Hercules’ Portfolio Company Solar Spectrum Strengthens Market Position With Strategic Merger – Business Wire (press release) (businesswire.com)
- Hercules Capital : ’ Portfolio Company Solar Spectrum Strengthens Market Position With Strategic Merger (4-traders.com)
- Hercules’ Portfolio Company Solar Spectrum Strengthens Market Position With Strategic Merger (finance.yahoo.com)
- Critical Analysis: WhiteHorse Finance (WHF) and Hercules Capital (HTGC) (americanbankingnews.com)
- $46.43 Million in Sales Expected for Hercules Capital, Inc. (HTGC) This Quarter (americanbankingnews.com)
Several equities research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Hercules Capital from a “hold” rating to a “sell” rating in a report on Friday, May 5th. Wunderlich downgraded shares of Hercules Capital from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $16.00 to $13.00 in a report on Monday, May 8th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $16.00 price objective on shares of Hercules Capital in a report on Friday, May 12th. ValuEngine downgraded shares of Hercules Capital from a “strong-buy” rating to a “buy” rating in a report on Friday, June 2nd. Finally, Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $15.00 price objective on shares of Hercules Capital in a report on Tuesday, July 4th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $15.21.
Shares of Hercules Capital (NYSE HTGC) traded down 0.08% during midday trading on Wednesday, reaching $12.31. 339,590 shares of the company’s stock were exchanged. Hercules Capital has a 1-year low of $12.27 and a 1-year high of $15.68. The firm has a 50-day moving average of $13.08 and a 200-day moving average of $13.94. The company has a market capitalization of $1.02 billion, a PE ratio of 13.63 and a beta of 0.82.
Hercules Capital (NYSE:HTGC) last issued its earnings results on Thursday, August 3rd. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.31. Hercules Capital had a return on equity of 12.93% and a net margin of 38.69%. The business had revenue of $48.45 million during the quarter, compared to analysts’ expectations of $48.25 million. During the same quarter in the prior year, the firm earned $0.32 EPS. The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. Equities analysts expect that Hercules Capital will post $1.17 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, August 21st. Shareholders of record on Monday, August 14th were given a $0.31 dividend. The ex-dividend date of this dividend was Thursday, August 10th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 10.07%. Hercules Capital’s dividend payout ratio (DPR) is presently 134.78%.
Hercules Capital Company Profile
Hercules Capital, Inc is a specialty finance company. The Company is an internally managed, non-diversified, closed-end investment company. The Company focuses on providing senior secured venture growth loans to venture capital-backed companies in a range of technology, life sciences, and sustainable and renewable technology industries.
Receive News & Stock Ratings for Hercules Capital Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hercules Capital Inc. and related stocks with our FREE daily email newsletter.