Hercules Capital (HTGC) Stock Price

Hercules Capital Price

NASDAQ·CLOSED
16.42USD+0.48 (+2.97 %)
Market closed

Over the last 19 years Hercules Capital grew revenue by 16.4% annually, reaching 547.10 M USD. Earnings per share have grown at 6.8% per year over the last 19 years. For Hercules Capital, the net margin of 62.1% is up versus 56.3% a few years ago. At today's price the dividend yield works out to roughly 9.74%. The payout ratio is around 92% of earnings. The dividend has grown at 1.5% per year over the past 19 years. The consensus 12-month price target for Hercules Capital is 20.40 USD, about 24.2% above where the stock trades today. Of 15 analysts, 13 rate the stock a buy — an overall Buy consensus. The stock trades about 18% above its 52-week low.

Hercules Capital stock price

Volume
Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Hercules Capital over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Hercules Capital stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Hercules Capital's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Hercules Capital Stock Price History
DateHercules Capital Price
7/31/202616.42 USD
7/30/202615.94 USD
7/29/202616.16 USD
7/27/202615.92 USD
7/23/202615.64 USD
7/22/202615.93 USD
7/21/202616.13 USD
7/20/202616.06 USD
7/17/202616.17 USD
7/16/202616.37 USD
7/15/202616.11 USD
7/14/202616.04 USD
7/13/202616.04 USD
7/10/202616.01 USD
7/9/202615.69 USD
7/8/202615.89 USD
7/7/202615.99 USD
7/6/202616.15 USD
7/2/202615.96 USD
7/1/202615.92 USD
6/30/202615.77 USD
6/29/202615.70 USD
6/26/202615.58 USD
6/25/202615.24 USD
6/24/202615.15 USD
6/23/202615.18 USD
6/22/202615.40 USD
6/18/202615.50 USD
6/17/202615.55 USD
6/16/202615.56 USD
6/15/202615.62 USD
6/12/202615.65 USD
6/11/202615.50 USD
6/10/202615.41 USD
6/9/202615.45 USD
6/8/202615.23 USD
6/5/202615.29 USD
6/4/202615.47 USD
6/3/202615.19 USD
6/2/202615.63 USD
6/1/202615.73 USD
5/29/202615.59 USD
5/28/202615.59 USD
5/27/202615.69 USD
5/26/202615.64 USD
5/22/202615.56 USD
5/21/202615.60 USD
5/20/202615.61 USD
5/19/202615.31 USD
5/18/202615.40 USD
5/15/202615.53 USD
5/14/202615.50 USD
5/13/202615.86 USD
5/12/202615.98 USD
5/11/202616.05 USD
5/8/202616.15 USD
5/7/202616.40 USD
5/6/202616.44 USD
5/5/202616.57 USD
5/4/202616.44 USD
5/1/202616.30 USD
4/30/202616.05 USD
4/29/202615.50 USD
4/28/202615.65 USD
4/27/202615.48 USD
4/24/202615.51 USD
4/23/202615.35 USD
4/22/202615.81 USD
4/21/202615.67 USD
4/20/202615.92 USD
4/17/202615.96 USD
4/16/202615.64 USD
4/15/202615.68 USD
4/14/202615.28 USD
4/13/202615.28 USD
4/10/202614.95 USD
4/9/202614.74 USD
4/8/202614.98 USD
4/7/202615.12 USD
4/6/202615.18 USD
4/5/202615.18 USD
4/2/202614.90 USD
4/1/202614.90 USD
3/31/202614.56 USD
3/30/202614.77 USD
3/29/202614.20 USD
3/27/202613.89 USD
3/26/202613.89 USD
3/25/202614.06 USD
3/24/202614.18 USD
3/23/202614.14 USD
3/22/202614.50 USD
3/20/202614.17 USD
3/19/202614.17 USD
3/18/202614.42 USD
3/17/202614.46 USD
3/16/202614.51 USD
3/15/202614.06 USD
3/13/202614.04 USD
3/12/202614.04 USD
3/11/202614.04 USD
3/10/202614.36 USD
3/9/202614.63 USD
3/8/202614.67 USD
3/6/202614.86 USD
3/5/202615.11 USD
3/4/202614.99 USD
3/3/202614.52 USD
3/2/202614.60 USD
2/27/202614.21 USD
2/26/202615.40 USD
2/25/202615.11 USD
2/24/202615.07 USD
2/23/202615.21 USD
2/20/202615.43 USD
2/19/202615.79 USD
2/18/202616.07 USD
2/17/202615.84 USD
2/13/202615.74 USD
2/12/202616.59 USD
2/11/202616.79 USD
2/10/202617.02 USD
2/9/202616.91 USD
2/6/202616.62 USD
2/5/202616.69 USD
2/4/202617.09 USD
2/3/202617.76 USD
2/2/202618.30 USD
1/30/202618.54 USD
1/29/202618.68 USD
1/28/202618.62 USD
1/27/202618.70 USD
1/26/202618.41 USD
1/23/202618.62 USD
1/22/202618.77 USD
1/21/202618.87 USD
1/20/202618.63 USD
1/16/202618.95 USD
1/15/202618.97 USD
1/14/202618.84 USD
1/13/202618.53 USD
1/12/202618.67 USD
1/9/202618.69 USD
1/8/202618.72 USD
1/7/202618.24 USD
1/6/202618.61 USD
1/5/202618.84 USD
1/2/202618.97 USD
12/31/202518.82 USD
12/30/202518.79 USD
12/29/202519.02 USD
12/26/202518.69 USD
12/24/202518.49 USD
12/23/202518.41 USD
12/22/202518.39 USD
12/19/202518.51 USD
12/18/202518.54 USD
12/17/202518.75 USD
12/16/202518.71 USD
12/15/202518.67 USD
12/12/202518.83 USD
12/11/202518.79 USD
12/10/202519.05 USD
12/9/202518.92 USD
12/8/202518.98 USD
12/5/202518.98 USD
12/4/202518.94 USD
12/3/202518.76 USD
12/2/202518.37 USD
12/1/202518.08 USD
11/28/202518.00 USD
11/26/202517.88 USD
11/25/202517.68 USD
11/24/202517.53 USD
11/21/202517.39 USD
11/20/202517.41 USD
11/19/202517.27 USD
11/18/202517.30 USD
11/17/202517.13 USD
11/14/202517.57 USD
11/13/202517.66 USD
11/12/202517.71 USD
11/11/202518.03 USD
11/10/202517.93 USD
11/7/202518.00 USD
11/6/202517.78 USD
11/5/202518.08 USD
11/4/202518.12 USD
11/3/202517.81 USD
10/31/202517.92 USD
10/30/202517.59 USD
10/29/202517.75 USD
10/28/202518.03 USD
10/27/202517.97 USD
10/24/202517.68 USD
10/23/202517.64 USD
10/22/202517.55 USD
10/21/202517.73 USD
10/20/202517.49 USD
10/17/202517.27 USD
10/16/202517.18 USD
10/15/202517.39 USD
10/14/202517.42 USD
10/13/202517.13 USD
10/10/202516.88 USD
10/9/202517.18 USD
10/8/202517.71 USD
10/7/202517.92 USD
10/6/202518.42 USD
10/3/202518.48 USD
10/2/202518.75 USD
10/1/202518.64 USD
9/30/202519.02 USD
9/29/202518.88 USD
9/28/202518.88 USD
9/25/202519.11 USD
9/24/202519.10 USD
9/23/202519.16 USD
9/22/202519.43 USD
9/19/202519.32 USD
9/18/202519.41 USD
9/17/202519.22 USD
9/16/202519.12 USD
9/15/202519.13 USD
9/12/202519.44 USD
9/11/202519.53 USD
9/10/202519.52 USD
9/9/202519.32 USD
9/8/202519.42 USD
9/5/202519.18 USD
9/4/202519.37 USD
9/3/202519.30 USD
9/2/202519.39 USD
8/29/202519.62 USD
8/28/202519.44 USD
8/27/202519.40 USD
8/26/202519.24 USD
8/25/202519.08 USD
8/22/202519.28 USD
8/21/202519.15 USD
8/20/202519.25 USD
8/19/202519.16 USD
8/18/202519.11 USD
8/15/202519.35 USD
8/14/202519.35 USD
8/13/202519.44 USD
8/12/202519.24 USD
8/11/202519.43 USD
8/8/202519.77 USD
8/7/202519.43 USD
8/6/202519.52 USD
8/5/202519.49 USD
8/4/202519.36 USD
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Hercules Capital Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
309.58 M USD
174.16 M USD
174.16 M USD
Jan 1, 2022
239.39 M USD
102.08 M USD
102.08 M USD
Jan 1, 2023
494.12 M USD
337.48 M USD
337.48 M USD
Jan 1, 2024
430.90 M USD
262.97 M USD
262.97 M USD
Jan 1, 2025
547.10 M USD
365.16 M USD
339.74 M USD
Jan 1, 2026 (e)
586.36 M USD
345.91 M USD
349.01 M USD
Jan 1, 2027 (e)
633.08 M USD
373.46 M USD
357.39 M USD
Jan 1, 2028 (e)
685.38 M USD
404.32 M USD
344.32 M USD

Hercules Capital Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 2, 2026, 11:19 PM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
20132014201520162017201820192020202120222023202420252026e2027e2028e
166.00143.00126.00143.00173.00175.00298.00357.00309.00239.00494.00430.00547.00586.00633.00685.00
72.92-13.86-11.8913.4920.981.1670.2919.80-13.45-22.65106.69-12.9627.217.138.028.21
81.3380.4275.4077.6278.0377.7181.5483.1982.5276.9986.2382.0987.2087.2087.2087.20
135.00115.0095.00111.00135.00136.00243.00297.00255.00184.00426.00353.00477.00511.01551.99597.34
99.0071.0042.0068.0078.0076.00173.00227.00174.00102.00337.00262.00365.00345.00373.00404.00
59.6449.6533.3347.5545.0943.4358.0563.5956.3142.6868.2260.9366.7358.8758.9358.98
99.0071.0042.0068.0078.0076.00173.00227.00174.00102.00337.00262.00339.00349.00357.00344.00
115.22-28.28-40.8561.9014.71-2.56127.6331.21-23.35-41.38230.39-22.2629.392.952.29-3.64
1.111.241.241.241.241.261.331.381.481.971.901.761.601.601.651.70
16.8411.71–––1.615.563.767.2533.11-3.55-7.37-9.09–3.123.03
60.8763.7771.2481.4284.0396.36106.07114.26116.75132.28157.76165.61194.79194.79194.79194.79
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Hercules Capital generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Hercules Capital retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Hercules Capital's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Hercules Capital has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Hercules Capital's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Hercules Capital stock margins

The Hercules Capital margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Hercules Capital. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Hercules Capital.

  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
82.41 %
56.25 %
56.25 %
Jan 1, 2022
77.13 %
42.64 %
42.64 %
Jan 1, 2023
86.31 %
68.30 %
68.30 %
Jan 1, 2024
82.10 %
61.03 %
61.03 %
Jan 1, 2025
87.23 %
66.75 %
62.10 %
Jan 1, 2026 (e)
87.23 %
58.99 %
59.52 %
Jan 1, 2027 (e)
87.23 %
58.99 %
56.45 %
Jan 1, 2028 (e)
87.23 %
58.99 %
50.24 %

Hercules Capital Stock Revenue, EBIT, Earnings per Share

The Hercules Capital earnings per share therefore indicates how much revenue Hercules Capital has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

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  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
2.65 USD
1.49 USD
1.49 USD
Jan 1, 2022
1.81 USD
0.77 USD
0.77 USD
Jan 1, 2023
3.13 USD
2.14 USD
2.14 USD
Jan 1, 2024
2.60 USD
1.59 USD
1.59 USD
Jan 1, 2025
2.81 USD
1.87 USD
1.74 USD
Jan 1, 2026 (e)
3.23 USD
1.78 USD
1.92 USD
Jan 1, 2027 (e)
3.48 USD
1.92 USD
1.97 USD
Jan 1, 2028 (e)
3.77 USD
2.08 USD
1.89 USD

Hercules Capital business model & stock analysis

Hercules Capital is a company that was founded in 2005 and is headquartered in Palo Alto, California. The company is known as a specialized investment firm that focuses on providing venture capital, risk capital, and loans to technology and life sciences companies. Hercules Capital is one of the leading financial service providers for growing companies in the United States and invests in startups and young companies with a focus on technology, life sciences, cleantech, and social media. The company's history originally began in 1993 as Zon Capital Partners, a venture capital firm founded by experienced investment manager Mark Wan. The company later changed its name to Hercules Technology Growth Capital as it evolved from a venture capital firm to a specialized investment firm. In 2015, the company rebranded from a business development company to a public company and changed its name to Hercules Capital Inc. Their business model is focused on financing young companies and offers a variety of financial products ranging from venture capital and risk capital to debt financing, equity financing, and asset-based lending. Hercules Capital is committed to providing its clients with the financial support and expertise they need to achieve their business goals and be successful. They aim to build long-term relationships with their clients and help them maximize their growth potential. The different sectors of Hercules Capital include technology, life sciences, cleantech, and social media. In the technology sector, the company invests in companies that develop and bring innovative technologies to the market. The life sciences sector includes companies in the pharmaceutical and biotechnology field that specialize in the development of drugs, diagnostics, and medical devices. The cleantech sector of Hercules Capital focuses on financing companies that develop clean energy technologies. The social media sector, on the other hand, is responsible for making investments in companies that focus on the development of social networks and platforms. An example of a successful company that was financed by Hercules Capital is Insulet Corporation. Insulet is a company that specializes in the development of diabetes management technologies. Hercules Capital invested in Insulet when the company was still in its startup phase and financed it through a series of funding rounds until its IPO in 2007. Insulet is now a public company with a market value of several billion dollars and manufactures innovative insulin pumps and related products. Overall, Hercules Capital Inc offers a wide range of financing options to meet the needs of companies and helps stimulate the success of businesses in different industries. The company specializes in supporting companies in the technology, life sciences, cleantech, and social media sectors and has already made numerous successful investments.

Hercules Capital SWOT Analysis

Strengths

Hercules Capital Inc has a strong track record of successful investments in a wide range of industries.

The company's extensive network and connections provide access to attractive investment opportunities.

Hercules Capital Inc has a solid financial position and strong capital base, enabling it to make substantial investments.

Weaknesses

The company's dependence on a few key industries for its investments exposes it to industry-specific risks.

Hercules Capital Inc may face challenges in managing a large portfolio of investments and maintaining a balanced risk profile.

The company's performance is influenced by market conditions and economic fluctuations.

Opportunities

Hercules Capital Inc can capitalize on the growing demand for financing solutions by expanding its investment portfolio.

The company can explore new sectors and emerging markets to diversify its investment portfolio and reduce risk.

Hercules Capital Inc can leverage technology advancements to streamline its operations and enhance investment decision-making.

Threats

Increased competition within the investment industry may limit Hercules Capital Inc's ability to source attractive investment opportunities.

Economic downturns and market volatility can negatively impact the company's investment performance and financial stability.

Regulatory changes and compliance requirements may pose challenges for Hercules Capital Inc's operations and investment strategies.

Hercules Capital Employees

  • 3 Years

  • 5 Years

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  • 25 Years

  • Max

Hercules Capital Employees
Details
Date
Hercules Capital Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Hercules Capital Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Hercules Capital historical P/E ratio, EBIT multiple, and P/S ratio

Hercules Capital annual returns

Details

Annual Return

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What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Hercules Capital shares outstanding

The number of shares of Hercules Capital was 194.79 M in 2025. This indicates how many shares Hercules Capital is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
116.75 M Stocks
Jan 1, 2022
132.28 M Stocks
Jan 1, 2023
157.76 M Stocks
Jan 1, 2024
165.61 M Stocks
Jan 1, 2025
194.79 M Stocks
Jan 1, 2026 (e)
194.79 M Stocks
Jan 1, 2027 (e)
194.79 M Stocks
Jan 1, 2028 (e)
194.79 M Stocks

Hercules Capital Dividend History

22 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.40USDYTD—1×
Feb 25, 20260.40USD 0.0%1/1
20251.60USD↓ 9.1%4×
Feb 26, 20250.40USD 0.0%1/4
May 13, 20250.40USD 0.0%2/4
Aug 12, 20250.40USD 0.0%3/4
Nov 12, 20250.40USD 0.0%4/4
20241.76USD↓ 7.4%4×
20231.90USD↓ 3.6%4×
20221.97USD↑ 33.1%4×
20211.48USD↑ 7.2%4×
20201.38USD↑ 3.8%4×
20191.33USD↑ 5.6%4×
20181.26USD↑ 1.6%4×
20171.24USD 0.0%4×

Hercules Capital dividend history and estimates

In 2025, Hercules Capital paid a dividend amounting to 1.60 USD. Dividend means that Hercules Capital distributes a portion of its profits to its owners.

  • Max

Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2021
1.48 USD
0.00 USD
0.00 USD
Jan 1, 2022
1.97 USD
0.00 USD
0.00 USD
Jan 1, 2023
1.90 USD
0.00 USD
0.00 USD
Jan 1, 2024
1.76 USD
0.00 USD
0.00 USD
Jan 1, 2025
1.60 USD
0.00 USD
0.00 USD
Jan 1, 2026 (e)
0.40 USD
1.20 USD
0.00 USD
Jan 1, 2027 (e)
0.00 USD
1.65 USD
0.00 USD
Jan 1, 2028 (e)
0.00 USD
1.70 USD
0.00 USD

Hercules Capital dividend payout ratio

In 2025, Hercules Capital had a payout ratio of 91.74%. The payout ratio indicates the percentage of the company's profits that Hercules Capital distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
99.22 %
Jan 1, 2022
255.27 %
Jan 1, 2023
88.82 %
Jan 1, 2024
110.84 %
Jan 1, 2025
91.74 %
Jan 1, 2026 (e)
83.31 %
Jan 1, 2027 (e)
83.80 %
Jan 1, 2028 (e)
89.59 %

Current Hercules Capital forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
86.67 % (13)
Hold
13.33 % (2)
Sell
0.00 % (0)
12M Price Target
20.40
Last Price
16.42
Currency
USD
12M Return Potential
24.24 %
LTM Return
0 %

Hercules Capital Analyst Rating Actions

DateFirmActionRating
7/31/2026
Ladenburg Thalmann
Ladenburg Thalmann
MaintainedBuy
5/18/2026
UBS
UBS
MaintainedNeutral
5/6/2026
Piper Sandler
Piper Sandler
MaintainedNeutral
4/22/2026
Citizens
Citizens
MaintainedMarket Outperform
4/16/2026
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
MaintainedOutperform
4/7/2026
Piper Sandler
Piper Sandler
MaintainedNeutral
3/13/2026
UBS
UBS
MaintainedNeutral
2/13/2026
Wells Fargo
Wells Fargo
MaintainedOverweight
2/13/2026
Piper Sandler
Piper Sandler
DowngradeOverweightNeutral
2/13/2026
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
MaintainedOutperform

Hercules Capital Earnings Calls

2025

Hercules Capital Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
7/30/20260.49USD148.39 MUSD2026 Q2
4/30/20260.49USD143.93 MUSD2026 Q1
2/12/20260.50USD141.67 MUSD2025 Q4
2/11/20260.50USD141.67 MUSD2025 Q4
5/2/20240.51USD122.33 MUSD2024 Q1
2/14/20240.51USD119.83 MUSD2023 Q4
7/26/20230.43USD96.85 MUSD2023 Q2
5/3/20230.43USD94.72 MUSD2023 Q1
2/20/20230.43USD91.34 MUSD2022 Q4
11/2/20220.36USD81.68 MUSD2022 Q3
...

EESG©

Eulerpool ESG Scorecard© for the Hercules Capital stock

46/100
4
Environment
70
Social
64
Governance
E

Environment

20
Scope 1 - Direct Emissions—
Scope 2 - Indirect emissions from purchased energy—
Scope 3 - Indirect emissions within the value chain—
Total CO₂ emissions—
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees—
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Hercules Capital shareholder structure

% Name
10.60602%
CUSTOM INDEX SYSTEMS, LLC
CUSTOM INDEX SYSTEMS, LLC
1.86114%
SOUND INCOME STRATEGIES, LLC
SOUND INCOME STRATEGIES, LLC
1.74113%
VAN ECK ASSOCIATES CORP
VAN ECK ASSOCIATES CORP
1.37244%
UBS GROUP AG
UBS GROUP AG
1.27936%
TWO SIGMA INVESTMENTS, LP
TWO SIGMA INVESTMENTS, LP
1.23033%
QUBE RESEARCH & TECHNOLOGIES LTD
QUBE RESEARCH & TECHNOLOGIES LTD
...

Hercules Capital Beneficial Ownership Filings (SEC 13D/G)

Free Float
91.5%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
20.00%
MMC Norilsk Nickel
MMC Norilsk Nickel
SEC ↗
16.04%
First Trust Portfolios L.P., First Trust Advisors L.P., The Charger Corporation
First Trust Portfolios L.P., First Trust Advisors L.P., The Charger Corporation
SEC ↗
15.21%
RIVERNORTH/DOUBLELINE STRATEGIC INCOME FUND
RIVERNORTH/DOUBLELINE STRATEGIC INCOME FUND
SEC ↗
15.21%
RIVERNORTH CAPITAL MANAGEMENT, LLC
RIVERNORTH CAPITAL MANAGEMENT, LLC
SEC ↗
11.00%
Identification Nos. Of Above Persons (: 22-3499132
Identification Nos. Of Above Persons (: 22-3499132
SEC ↗
11.00%
94-3342119
94-3342119
SEC ↗
9.30%
2.
2.
SEC ↗
8.60%
Derek C. Schrier
Derek C. Schrier
SEC ↗
8.60%
Ashish H. Pant [See Item 2]
Ashish H. Pant [See Item 2]
SEC ↗
8.60%
Andrew J. M. Spokes [See Item 2]
Andrew J. M. Spokes [See Item 2]
SEC ↗

Hercules Capital Executives and Management Board

SB

Mr. Scott Bluestein

(46)

President, Chief Executive Officer, Chief Investment Officer, Director · since 2010

Compensation9.08 M USD
SM

Mr. Seth Meyer

(56)

Chief Financial Officer

Compensation3.25 M USD
CF

Mr. Christian Follmann

(42)

Chief Operating Officer

Compensation1.45 M USD
KB

Ms. Kiersten Botelho

(39)

Chief Legal Officer, Chief Compliance Officer, Corporate Secretary

Compensation1.31 M USD
GC

Ms. Gayle Crowell

(74)

Independent Director

Compensation289,994.00 USD

Frequently asked questions about Hercules Capital

The business model of Hercules Capital Inc. revolves around providing venture capital financing to companies in various stages of development. As a leading specialty finance company, Hercules focuses on serving the needs of technology, life sciences, and sustainable and renewable technology industries. By offering customized financial solutions and valuable strategic guidance, Hercules supports entrepreneurs and management teams in achieving their growth objectives. With a portfolio of diverse and high-quality investments, Hercules aims to generate attractive returns for its shareholders.

All fundamentals and in-depth analysis of Hercules Capital

Our stock analysis for Hercules Capital stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hercules Capital. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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