Media coverage about Hercules Capital (NYSE:HTGC) has trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hercules Capital earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 44.7990860215228 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Hercules Capital (NYSE HTGC) traded down $0.19 during midday trading on Wednesday, hitting $12.10. The stock had a trading volume of 264,633 shares, compared to its average volume of 441,911. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.99 and a quick ratio of 3.99. Hercules Capital has a 1 year low of $11.55 and a 1 year high of $15.68. The company has a market capitalization of $1,020.00, a P/E ratio of 12.74, a P/E/G ratio of 1.97 and a beta of 0.76.
Hercules Capital (NYSE:HTGC) last posted its quarterly earnings data on Thursday, February 22nd. The financial services provider reported $0.29 EPS for the quarter, hitting the consensus estimate of $0.29. The firm had revenue of $50.20 million for the quarter, compared to the consensus estimate of $48.29 million. Hercules Capital had a return on equity of 11.68% and a net margin of 41.39%. The business’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.35 earnings per share. analysts forecast that Hercules Capital will post 1.25 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Monday, March 12th. Investors of record on Monday, March 5th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 10.25%. The ex-dividend date was Friday, March 2nd. Hercules Capital’s dividend payout ratio (DPR) is presently 130.53%.
HTGC has been the topic of several recent analyst reports. Ladenburg Thalmann Financial Services initiated coverage on Hercules Capital in a research report on Monday, November 20th. They set a “buy” rating and a $14.50 price objective on the stock. ValuEngine raised Hercules Capital from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Sandler O’Neill reaffirmed a “hold” rating and set a $14.00 price objective on shares of Hercules Capital in a research report on Wednesday, January 10th. Zacks Investment Research raised Hercules Capital from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a report on Thursday, January 11th. Finally, Wedbush raised Hercules Capital from a “neutral” rating to an “outperform” rating and set a $13.75 target price on the stock in a report on Wednesday, February 7th. Five equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $14.48.
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About Hercules Capital
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.
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