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Hercules Capital, Inc. (HTGC)

Financial Services | Asset Management | San Mateo, United States | NYSE
15.96 USD +0.31 (2.014%) ⇧ (April 17, 2026, 1:04 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★★★★☆
Hot Take | April 11, 2026, 4:07 p.m. EDT

HTGC shows a strong dividend yield and a consistent dividend history, making it attractive for income-focused investors. However, the recent price movements and options activity suggest a bearish sentiment among speculators. The stock has been trading near its 52-week low, and while the fundamentals are relatively strong, the short-term outlook is mixed. Investors should consider the dividend yield and long-term growth potential, but be cautious of the short-term volatility and bearish options positioning.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.175701
AutoARIMA0.175702
MSTL0.175756
AutoTheta0.197864

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 37%
H-stat 2.40
Ljung-Box p 0.000
Jarque-Bera p 0.005
Excess Kurtosis 0.76
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-02-24
Last Dividend Date 2026-02-24
Debt to Equity Ratio 103.91
Revenue per Share 3.002
Market Cap 2,930,860,800
Trailing P/E 8.62
Forward P/E 8.11
Beta 0.78
Profit Margins 63.80%
Website https://www.htgc.com

As of April 11, 2026, 4:07 p.m. EDT: The options data indicates a mixed sentiment. The high implied volatility (IV) across all expirations suggests uncertainty or potential for significant price movements. The majority of open interest (OI) and volume are concentrated in out-of-the-money (OTM) strikes, especially for puts, indicating a bearish bias among speculators. However, there are notable ATM strikes with high OI, suggesting some support at the current price level. The recent activity in puts at strikes below the current price (e.g., 13.0) implies a potential for downside protection or a bearish outlook. Overall, the options market is signaling a cautious approach with a focus on downside risk management.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
3.11% 11.32% 12.65% 14.59%
Dividend History
Date Dividend Yield %
2026-02-25 0.470 3.110523
2025-11-12 0.470 2.740848
2025-08-12 0.470 2.589070
2025-05-13 0.470 2.882470
2025-02-26 0.470 2.541513
2024-11-13 0.400 2.376704
2024-08-13 0.480 3.118768
2024-05-13 0.480 3.005261
2024-02-27 0.480 3.230135
2023-11-14 0.480 3.825700
2023-08-17 0.480 3.808475
2023-05-15 0.470 4.708198
2023-03-01 0.470 4.270521
2022-11-09 0.510 5.185630
2022-08-08 0.500 4.838549
2022-05-16 0.480 4.839078
2022-03-08 0.480 4.441339
2021-11-09 0.400 3.733880
2021-08-10 0.390 3.762972
2021-05-11 0.390 3.936678
2021-03-05 0.370 4.156998
2020-11-06 0.340 5.283636
2020-08-07 0.320 5.015538
2020-05-13 0.320 6.035541
2020-02-28 0.400 5.844568
2019-11-07 0.350 5.011285
2019-08-09 0.340 5.373286
2019-05-10 0.330 5.133888
2019-03-01 0.310 4.945110
2018-11-08 0.330 5.845779
2018-08-10 0.310 5.176874
2018-05-11 0.310 5.700374
2018-03-02 0.310 6.123133
2017-11-10 0.310 5.563596
2017-08-10 0.310 6.012646
2017-05-11 0.310 6.126534
2017-03-02 0.310 5.465335
2016-11-09 0.310 6.191012
2016-08-11 0.310 6.136398
2016-05-12 0.310 7.206746
2016-03-03 0.310 7.839619
2015-11-12 0.310 8.249414
2015-08-13 0.310 7.885516
2015-05-14 0.310 7.543477
2015-03-10 0.310 6.988628
2014-11-13 0.310 6.450811
2014-08-14 0.310 6.503087
2014-05-08 0.310 7.447570
2014-03-06 0.310 7.033762
2013-11-14 0.310 6.577212
2013-08-09 0.280 6.866026
2013-05-10 0.270 7.478326
2013-03-07 0.250 7.411647
2012-11-09 0.240 9.041733
2012-08-15 0.240 8.318654
2012-05-16 0.240 8.708313
2012-03-08 0.230 8.687665
2011-11-09 0.220 10.100003
2011-08-11 0.220 10.546579
2011-05-11 0.220 9.208939
2011-03-08 0.220 8.630835
2010-11-08 0.200 8.355206
2010-08-10 0.200 9.135452
2010-05-10 0.200 9.945589
2010-02-17 0.200 10.480877
2009-12-22 0.040 1.906815
2009-10-16 0.300 14.110637
2009-08-12 0.300 16.044295
2009-05-13 0.300 19.349088
2009-02-19 0.320 41.808733
2008-11-12 0.340 31.727287
2008-08-13 0.340 20.316126
2008-05-14 0.340 21.490974
2008-02-13 0.300 16.198051
2007-11-14 0.300 16.934112
2007-08-14 0.300 16.662992
2007-05-14 0.300 14.959039
2007-02-14 0.300 15.508325
2006-11-02 0.300 16.682028
2006-07-27 0.300 19.501408
2006-04-06 0.300 20.685121
2006-01-04 0.300 20.454434
2005-10-28 0.025 1.857578
Additional Data
dividendRate 1.88
dividendYield 12.02
exDividendDate 2026-02-25
trailingAnnualDividendRate 1.6
trailingAnnualDividendYield 0.10230179
lastDividendValue 0.47
lastDividendDate 2026-02-25
dividendDate 2026-03-04

Info Dump

Attribute Value
52 Week Change -0.08804667
Address1 1 North B Street
Address2 Suite 2000
All Time High 22.04
All Time Low 3.41
Ask 15.98
Ask Size 700
Average Analyst Rating 1.7 - Buy
Average Daily Volume10 Day 1,900,090
Average Daily Volume3 Month 2,857,398
Average Volume 2,857,398
Average Volume10Days 1,900,090
Beta 0.776
Bid 15.97
Bid Size 800
Book Value 12.276
City San Mateo
Compensation As Of Epoch Date 1,735,603,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 15.955
Current Ratio 0.197
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 16.06
Day Low 15.7
Debt To Equity 103.91
Display Name Hercules Capital
Dividend Date 1,772,582,400
Dividend Rate 1.88
Dividend Yield 12.02
Earnings Call Timestamp End 1,770,933,600
Earnings Call Timestamp Start 1,770,933,600
Earnings Growth 0.314
Earnings Quarterly Growth 0.478
Earnings Timestamp 1,770,930,000
Earnings Timestamp End 1,777,579,200
Earnings Timestamp Start 1,777,579,200
Ebitda 445,241,984
Ebitda Margins 0.83615
Enterprise To Ebitda 11.42
Enterprise To Revenue 9.549
Enterprise Value 5,084,616,192
Eps Current Year 1.93505
Eps Forward 1.96843
Eps Trailing Twelve Months 1.85
Esg Populated 0
Ex Dividend Date 1,771,977,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 15.074
Fifty Day Average Change 0.88099957
Fifty Day Average Change Percent 0.058444973
Fifty Two Week Change Percent -8.8046665
Fifty Two Week High 19.67
Fifty Two Week High Change -3.7150002
Fifty Two Week High Change Percent -0.1888663
Fifty Two Week Low 13.7
Fifty Two Week Low Change 2.255
Fifty Two Week Low Change Percent 0.16459855
Fifty Two Week Range 13.7 - 19.67
Financial Currency USD
First Trade Date Milliseconds 1,118,323,800,000
Five Year Avg Dividend Yield 9.81
Float Shares 168,407,657
Forward Eps 1.96843
Forward P E 8.105444
Free Cashflow 244,648,992
Full Exchange Name NYSE
Full Time Employees 100
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 532,492,992
Has Pre Post Market Data 1
Held Percent Insiders 0.01937
Held Percent Institutions 0.29275998
Implied Shares Outstanding 183,695,437
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Ir Website http://investor.htgc.com/index.cfm
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,771,977,600
Last Dividend Value 0.47
Last Fiscal Year End 1,767,139,200
Long Business Summary Hercules Capital, Inc. is a business development company. The firm specializing in providing private equity, venture debt, and growth capital to privately held venture capital-backed companies at all stages of development from mid venture to expansion stage including select publicly listed companies and select special opportunity companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies. The firm provides growth capital financing solutions for capital extension; management buy-out and corporate spin-out financing solutions; company, asset specific, or intellectual property acquisition financing; convertible, subordinated and/or mezzanine loans; domestic and international corporate expansion; vendor financing; revenue acceleration by sales and marketing development, and manufacturing expansion. It provides asset-based financing with a focus on cash flow; accounts receivable facilities; equipment loans or leases; equipment acquisition; facilities build-out and/or expansion; working capital revolving lines of credit; inventory. The firm also provides bridge financing to IPO or mergers and acquisitions or technology acquisition; dividend recapitalizations and other sources of investor liquidity; cash flow financing to protect against share price volatility; competitor acquisition; pre-IPO financing for extra cash on the balance sheet; public company financing to continue asset growth and production capacity; short-term bridge financing; and strategic and intellectual property acquisition financings. It also focuses on customized financing solutions, emerging growth, mid venture, and late venture financing. The firm invests primarily in structured debt with warrants and, to a lesser extent, in senior debt and equity investments. The firm generally seeks to invest in companies that have been operating for at least six to 12 months prior to the date of their investment. It prefers to invest in technology, SaaS Finance, energy technology, sustainable and renewable technology, and life sciences. Within technology the firm focuses on advanced specialty materials and chemicals; communication and networking, consumer and business products; consumer products and services, digital media and consumer internet; electronics and computer hardware; enterprise software and services; gaming; healthcare services; information services; business services; media, content and information; mobile; resource management; security software; semiconductors; semiconductors and hardware; and software sector. Within energy technology, it invests in agriculture; clean technology; energy and renewable technology, fuels, and power technology; geothermal; smart grid and energy efficiency and monitoring technologies; solar; and wind. Within life sciences, the firm invests in biopharmaceuticals; biotechnology tools; diagnostics; drug discovery, drug platform, development, and delivery; medical devices and equipment; surgical devices; therapeutics; pharma services; and specialty pharmaceuticals. Within sustainable and renewables, it invests in Vehicle Technology, Energy Generation and Storage, Ag Technology, Advanced Materials, and Industry 4.0. It also invests in educational services. The firm invests primarily in United States based companies and considers investment in the West Coast, Mid-Atlantic regions, Southeast and Midwest, particularly in the areas of software, biotech, and information services. The firm prefers to invest between $5 million and $500 million in equity per transactions. It invests in debt between $1 million and $40 million in companies focused primarily on business services, communications, electronics, hardware, and healthcare services. The firm invests primarily in private companies but also have investments in public companies. For equity investments, the firm seeks to represent a controlling interest in its portfolio companies which may exceed 25% of the voting securities of such companies. The firm seeks to invest a limited portion of its assets in equipment-based loans to early-stage prospective portfolio companies. These loans are generally for amounts up to $3 million but may be up to $15 million for certain energy technology venture investments. The firm allows certain debt investments have the right to convert a portion of the debt investment into equity. It also co-invests with other private equity firms. The firm seeks to exit its investments through initial public offering, a private sale of equity interest to a third party, a merger or an acquisition of the company or a purchase of the equity position by the company or one of its stockholders. The firm has structured debt with warrants which typically have maturities of between two and seven years with an average of three years; senior debt with an investment horizon of less than three years; equipment loans with an investment horizon ranging from three to four years; and equity related securities with an investment horizon ranging from three to seven years. The firm prefers to invest through its balance sheet capital. The firm formerly known as Hercules Technology Growth Capital, Inc. Hercules Capital, Inc. was founded in December 2003 and is based in San Mateo, California with additional offices in North America and Europe.
Long Name Hercules Capital, Inc.
Market us_market
Market Cap 2,930,860,800
Market State REGULAR
Max Age 86,400
Message Board Id finmb_10731642
Most Recent Quarter 1,767,139,200
Net Income To Common 337,024,992
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 2,872,996,634
Number Of Analyst Opinions 9
Open 15.71
Operating Cashflow -425,800,992
Operating Margins 0.83821
Payout Ratio 1.0162001
Peg Ratio 0.5247
Phone (650) 289-3060
Previous Close 15.64
Price Eps Current Year 8.245265
Price Hint 2
Price To Book 1.2996905
Price To Sales Trailing12 Months 5.5040364
Profit Margins 0.63800997
Quick Ratio 0.191
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.66667
Region US
Regular Market Change 0.31499958
Regular Market Change Percent 2.0140638
Regular Market Day High 16.06
Regular Market Day Low 15.7
Regular Market Day Range 15.7 - 16.06
Regular Market Open 15.71
Regular Market Previous Close 15.64
Regular Market Price 15.955
Regular Market Time 1,776,445,484
Regular Market Volume 1,123,094
Return On Assets 0.06608
Return On Equity 0.16156
Revenue Growth 0.128
Revenue Per Share 3.002
Sand P52 Week Change 0.36506534
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 183,695,437
Shares Percent Shares Out 0.066199996
Shares Short 12,169,639
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 11,895,383
Short Name Hercules Capital, Inc.
Short Percent Of Float 0.0674
Short Ratio 4.34
Source Interval 15
State CA
Symbol HTGC
Target High Price 25.0
Target Low Price 15.0
Target Mean Price 19.58333
Target Median Price 19.25
Total Cash 56,987,000
Total Cash Per Share 0.314
Total Debt 2,302,711,040
Total Revenue 532,492,992
Tradeable 0
Trailing Annual Dividend Rate 1.6
Trailing Annual Dividend Yield 0.10230179
Trailing Eps 1.85
Trailing P E 8.624324
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 17.7218
Two Hundred Day Average Change -1.7667999
Two Hundred Day Average Change Percent -0.09969641
Type Disp Equity
Volume 1,123,094
Website https://www.htgc.com
Zip 94,401