Hercules Capital Inc (NYSE:HTGC) – Investment analysts at Wedbush lowered their Q2 2018 earnings estimates for shares of Hercules Capital in a research report issued on Wednesday. Wedbush analyst H. Coffey now anticipates that the financial services provider will post earnings per share of $0.29 for the quarter, down from their previous estimate of $0.31. Wedbush has a “Outperform” rating and a $13.75 price target on the stock. Wedbush also issued estimates for Hercules Capital’s Q3 2018 earnings at $0.35 EPS.

HTGC has been the topic of several other research reports. Sandler O’Neill reaffirmed a “hold” rating and set a $14.00 target price on shares of Hercules Capital in a report on Wednesday, January 10th. Zacks Investment Research lowered shares of Hercules Capital from a “buy” rating to a “hold” rating in a report on Tuesday, January 16th. Raymond James Financial raised shares of Hercules Capital from an “underperform” rating to a “market perform” rating in a report on Friday, November 3rd. ValuEngine raised shares of Hercules Capital from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Finally, B. Riley reaffirmed a “buy” rating on shares of Hercules Capital in a report on Friday, November 3rd. Six investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Hercules Capital currently has a consensus rating of “Buy” and an average price target of $14.43.

Shares of Hercules Capital (HTGC) traded down $0.05 during trading hours on Thursday, hitting $12.51. 50,173 shares of the stock were exchanged, compared to its average volume of 384,611. The company has a market cap of $1,060.00, a price-to-earnings ratio of 13.80, a price-to-earnings-growth ratio of 1.99 and a beta of 0.74. Hercules Capital has a 1 year low of $11.64 and a 1 year high of $15.68. The company has a quick ratio of 8.34, a current ratio of 8.34 and a debt-to-equity ratio of 0.87.

Several hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its position in Hercules Capital by 74.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,104 shares of the financial services provider’s stock valued at $116,000 after buying an additional 3,891 shares during the period. The Manufacturers Life Insurance Company boosted its position in Hercules Capital by 29.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,858 shares of the financial services provider’s stock valued at $117,000 after buying an additional 2,034 shares during the period. First National Bank of Mount Dora Trust Investment Services purchased a new stake in Hercules Capital during the 4th quarter valued at $131,000. Cetera Investment Advisers purchased a new stake in Hercules Capital during the 2nd quarter valued at $138,000. Finally, HighTower Advisors LLC boosted its position in Hercules Capital by 0.7% during the 2nd quarter. HighTower Advisors LLC now owns 12,174 shares of the financial services provider’s stock valued at $162,000 after buying an additional 81 shares during the period. 39.11% of the stock is currently owned by institutional investors.

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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.

Earnings History and Estimates for Hercules Capital (NYSE:HTGC)

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