<div id="readability-page-1"><p>Hercules Capital, Inc. (NYSE:HTGC - Free Report) - Stock analysts at Zacks Research lowered their FY2026 earnings per share estimates for Hercules Capital in a research note issued to investors on Thursday, November 20th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings of $1.98 per share for the year, down from their previous forecast of $1.99. The consensus estimate for Hercules Capital's current full-year earnings is $1.96 per share. Zacks Research also issued estimates for Hercules Capital's Q4 2026 earnings at $0.51 EPS, Q1 2027 earnings at $0.50 EPS, Q2 2027 earnings at $0.50 EPS, Q3 2027 earnings at $0.52 EPS and FY2027 earnings at $2.05 EPS.</p><p>Hercules Capital (NYSE:HTGC - Get Free Report) last announced its earnings results on Thursday, October 30th. The financial services provider reported $0.49 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.01. The firm had revenue of $138.09 million for the quarter, compared to analysts' expectations of $136.95 million. Hercules Capital had a net margin of 51.46% and a return on equity of 16.54%. During the same quarter in the previous year, the business posted $0.51 EPS. </p><div><p><span></span><span>Get <strong>Hercules Capital</strong> alerts:</span></p></div><p>A number of other research analysts have also weighed in on the company. JMP Securities raised their price objective on Hercules Capital from $22.00 to $24.00 and gave the company a &#34;market outperform&#34; rating in a research report on Monday, August 4th. Citigroup  reaffirmed an &#34;outperform&#34; rating on shares of Hercules Capital in a research report on Monday, August 4th. Weiss Ratings  reissued a &#34;buy (b-)&#34; rating on shares of Hercules Capital in a research report on Friday, October 31st. Wall Street Zen upgraded shares of Hercules Capital from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research note on Saturday, November 15th. Finally, UBS Group dropped their target price on shares of Hercules Capital from $19.00 to $18.50 and set a &#34;neutral&#34; rating on the stock in a research note on Tuesday, October 14th. Six research analysts have rated the stock with a Buy rating and two have assigned  a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of &#34;Moderate Buy&#34; and an average price target of $20.42.</p><p><b>View Our Latest Research Report on Hercules Capital</b></p><h2>Hercules Capital Trading Down 0.7%</h2><p>Shares of NYSE HTGC opened at $17.30 on Friday. Hercules Capital has a 1 year low of $15.65 and a 1 year high of $22.04. The firm has a 50-day moving average of $18.07 and a 200 day moving average of $18.39. The stock has a market cap of $3.14 billion, a P/E ratio of 11.45 and a beta of 0.95. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.68 and a quick ratio of 1.68. </p><h2>Hercules Capital Cuts Dividend</h2><p>The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 19th. Shareholders of record on Wednesday, November 12th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, November 12th. This represents a $1.60 dividend on an annualized basis and a yield of 9.3%. Hercules Capital's dividend payout ratio (DPR) is currently 93.02%. </p><h2>Insider Activity at Hercules Capital</h2><p>In other Hercules Capital news, Director Gayle A. Crowell acquired 6,000 shares of the company's stock in a transaction dated Monday, November 3rd. The stock was purchased at an average price of $17.77 per share, with a total value of $106,620.00. Following the completion of the purchase, the director directly owned 78,727 shares in the company, valued at approximately $1,398,978.79. The trade was a 8.25% increase in their position. The acquisition was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through this hyperlink. 1.80% of the stock is owned by insiders. </p><h2>Institutional Inflows and Outflows</h2><p>A number of large investors have recently added to or reduced their stakes in HTGC. Kingstone Capital Partners Texas LLC purchased a new stake in  Hercules Capital during the 2nd quarter valued at approximately $522,447,000.  Van ECK Associates Corp boosted its position in shares of  Hercules Capital by 0.8% during the third quarter. Van ECK Associates Corp now owns 3,647,184 shares of the financial services provider's stock worth $68,969,000 after acquiring an additional 28,757 shares during the last quarter.  Sound Income Strategies LLC grew its stake in  Hercules Capital by 1.9% during the second quarter. Sound Income Strategies LLC now owns 2,930,340 shares of the financial services provider's stock valued at $53,567,000 after acquiring an additional 55,885 shares in the last quarter.  UBS Group AG increased its holdings in  Hercules Capital by 14.4% in the 3rd quarter. UBS Group AG now owns 1,318,768 shares of the financial services provider's stock valued at $24,938,000 after acquiring an additional 165,762 shares during the last quarter.  Finally, Legal &amp; General Group Plc lifted its stake in  Hercules Capital by 6.6% in the 2nd quarter. Legal &amp; General Group Plc now owns 1,253,204 shares of the financial services provider's stock worth $22,909,000 after purchasing an additional 77,187 shares in the last quarter. 19.69% of the stock is owned by hedge funds and other institutional investors. </p><h2>About Hercules Capital</h2> (Get Free Report)<p>Hercules Capital, Inc is a business development company. The firm specializing in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development from startups to expansion stage including select publicly listed companies and select special opportunity lower middle market companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Hercules Capital</li><li>TSX Venture Exchange (Formerly Canadian Venture Exchange)</li><li>Wall Street Sees a Winner in Take-Two Stock. Should You?</li><li>Dividend Payout Ratio Calculator</li><li>Datavault AI Just Raised Guidance by 400%—Are You Paying Attention?</li><li>What Investors Need to Know About Upcoming IPOs</li><li>Peter Thiel Dumps NVIDIA and Slashes Tesla Stake—Is the AI Bubble About to Pop?</li></ul> <p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsEstimatesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhUR0M?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsEstimatesChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhUR0M"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Hercules Capital Right Now?</h2><p>Before you consider Hercules Capital, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hercules Capital wasn't on the list.</p><p>While Hercules Capital currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

HTGC

<p>Zacks Research has lowered its FY2026 earnings per share estimate for Hercules Capital from $1.99 to $1.98. The consensus estimate for the current full-year earnings is $1.96 per share. Additionally, Zacks provided estimates for Q4 2026 and FY2027 earnings. Hercules Capital's recent earnings beat expectations, and the company has received various ratings from analysts, with an average rating of 'Moderate Buy' and a price target of $20.42. The stock is trading at $17.30, with a market cap of $3.14 billion and a dividend yield of 9.3%.</p>

What is Zacks Research's Forecast for HTGC FY2026 Earnings?