- Business Wire•12 days ago
Hercules Capital, Inc. , the leading specialty financing provider to innovative venture growth, pre-IPO and M&A stage companies in a broad variety of technology, life sciences and sustainable and renewable technology industries, today announced that Standard & Poor’s Ratings Services has reaffirmed Hercules’ investment grade corporate rating of BBB-.
- Zacks•14 days ago
Despite Hercules Capital's (HTGC) mounting expenses, increased regulations and threat of a rise in funding costs, it remains well positioned for future growth based on its strong liquidity position and robust loan originations.
- Barrons.com•21 days ago
Wunderlich Securities analyst Merrill Ross sees an “interesting inflection point” in business development company Hercules Capital (HTGC), which she rates a Buy. Its portfolio of loans (BDCs are publicly-traded firms that make loans to mid-sized companies), has grown by 8.5%. Ross explains: Going forward, dividend coverage is more certain because at this portfolio size, interest income can cover the dividend even if prepayments and success fees drop to nominal levels… Given the yields on new investments and the spread above funding costs, we think HTGC will cover its $0.31 quarterly dividend without depending on income acceleration from prepayments, which are variable in nature.
Hercules Capital, Inc. (HTGC)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||13.71 x 1100|
|Ask||13.72 x 200|
|Day's Range||13.62 - 13.77|
|52wk Range||9.88 - 14.00|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||24.39|
|Avg Vol (3m)||248,350|
|Dividend & Yield||1.24 (9.13%)|