Hercules Capital(HTGC)
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Hercules Capital(HTGC) - 2024 Q2 - Quarterly Results
2024-08-01 20:20
Exhibit 99.1 Hercules Capital Reports Second Quarter 2024 Financial Results Q2 2024 Total Gross Debt and Equity Commitments of $686.5 Million Record Q2 2024 Total Gross Fundings of $461.5 Million, an Increase of 28.7% Year-over-Year Record Q2 2024 Total Investment Income of $125.0 Million, an Increase of 7.5% Year-over-Year Q2 2024 Net Investment Income "NII" of $82.4 Million, or $0.51 per Share, an Increase of 8.8% Year-over-Year Q2 2024 NII Provides 128% Coverage of the Base Cash Distribution Conservative ...
Hercules Capital(HTGC) - 2024 Q2 - Quarterly Report
2024-08-01 20:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _________________________________________________ Title of each class Trading Symbol(s) Name of each exchange on which registered Common Shares, par value $0.001 per share HTGC New York Stock Exchange 6.25% Notes due 2033 HCXY New York Stock Exchange FORM 10-Q _________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Quarterly Period Ended ...
Hercules Capital (HTGC) to Report Q2 Earnings: What's in Store?
ZACKS· 2024-07-30 17:15
In the last reported quarter, the company's earnings surpassed the Zacks Consensus Estimate. Results were primarily aided by an increase in total investment income. Also, the balance sheet position was strong and new commitments were robust. However, a rise in operating expenses was a headwind. Q2 Earnings & Sales Estimates The consensus estimate for sales of $125 million suggests a 7.5% year-over-year increase. Given the current high-interest rate environment, HTGC is expected to have benefited from an inc ...
Curious about Hercules Capital (HTGC) Q2 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2024-07-29 14:22
Analysts on Wall Street project that Hercules Capital (HTGC) will announce quarterly earnings of $0.51 per share in its forthcoming report, representing a decline of 3.8% year over year. Revenues are projected to reach $124.99 million, increasing 7.5% from the same quarter last year. Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empir ...
Hercules Capital: Recent Improvements But Currently Very Expensive
Seeking Alpha· 2024-07-22 15:40
Alones Creative Management Expense Alignment With Shareholders In an externally managed BDC, these fees can add up to about 1/4 of the gross investment income provided by the asset portfolio. HTGC avoids this overhead cost and passes the savings on to the shareholder. This is one reason why HTGC currently trades at a large premium to NAV. We compute the debt-to-equity ratio for FY end 2014-2023 for HTGC. All figures used are in millions of USD and were extracted from past 10-K filings. The debt-toequity rat ...
Pindrop Secures $100 Million Financing To Accelerate Fraud And Deepfake Detection Technologies
Prnewswire· 2024-07-17 13:00
This additional funding comes at an instrumental time for Pindrop as the company continues to innovate groundbreaking voice security and authentication solutions ATLANTA, July 17, 2024 /PRNewswire/ -- Pindrop, a global leader in voice authentication and security, today announced it has secured $100 million in debt financing from Hercules Capital, Inc. (NYSE: HTGC). This significant funding will enable Pindrop to further develop its cutting-edge audio, voice, and AI technologies, enhancing its offerings for ...
Hercules Capital (HTGC) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-07-11 23:22
Analysts and investors alike will be keeping a close eye on the performance of Hercules Capital in its upcoming earnings disclosure. In that report, analysts expect Hercules Capital to post earnings of $0.51 per share. This would mark a year-over-year decline of 3.77%. Meanwhile, the latest consensus estimate predicts the revenue to be $124.99 million, indicating a 7.53% increase compared to the same quarter of the previous year. Our research shows that these estimate changes are directly correlated with ne ...
Hercules Capital (HTGC) Rises Higher Than Market: Key Facts
ZACKS· 2024-06-27 23:21
Prior to today's trading, shares of the specialty finance company had gained 4.08% over the past month. This has outpaced the Finance sector's loss of 0.57% and the S&P 500's gain of 3.38% in that time. In terms of valuation, Hercules Capital is currently trading at a Forward P/E ratio of 9.78. This valuation marks a premium compared to its industry's average Forward P/E of 8.2. In the latest trading session, Hercules Capital (HTGC) closed at $20.28, marking a +0.65% move from the previous day. The stock ex ...
Wall Street Bulls Look Optimistic About Hercules Capital (HTGC): Should You Buy?
ZACKS· 2024-06-27 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Hercules Capital currently has an average brokerage recommendation (ABR) of 1.89, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by nine brokerage firms. A ...
Hercules Capital (HTGC) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-06-21 23:20
Hercules Capital (HTGC) ended the recent trading session at $19.82, demonstrating a +0.1% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.16%. Elsewhere, the Dow gained 0.04%, while the tech-heavy Nasdaq lost 0.18%. The investment community will be closely monitoring the performance of Hercules Capital in its forthcoming earnings report. The company is predicted to post an EPS of $0.51, indicating a 3.77% decline compared to the equivalent ...