13.39 0.00 (0.00%)
After hours: 4:17PM EDT
|Bid||13.35 x 900|
|Ask||13.45 x 900|
|Day's Range||13.30 - 13.43|
|52 Week Range||10.57 - 14.17|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||10.19|
|Earnings Date||Oct 30, 2019|
|Forward Dividend & Yield||1.28 (9.60%)|
|1y Target Est||14.35|
Hercules Capital, Inc. , the largest and leading specialty financing provider to innovative venture growth stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that it has scheduled its third quarter 2019 financial results conference call for Wednesday, October 30, 2019, at 2:00 p.m.
One of the best ways to invest for longer-term growth is to identify massive, ground-shifting developments. Once you identify these, find companies which are set to become leaders in the new market.Technology is one of those sectors which tends to present many new developments. These companies mint billionaires from founders and make millions more for the savvy individual investors who get into them early. And one of the big new-new things in technology is Artificial Intelligence stocks, or AI.AI is a big blanket of technology and application. Even some of the most mundane bits of mechanicals can be called AI. Take most modern transmissions in cars. Transmissions used to be dumb. They shifted in pre-determined patterns if automatic -- or merely followed the shifts from manual inputs from drivers. But today's automatic units including from ZF (a public-private company in Germany) have learning capabilities which adapt, learning how the driver of the car operates.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThen there is the example that I use on a daily basis involves artificial intelligence (AI). I have a Bloomberg Terminal, which is a vital tool for pulling all sorts of data and information on any economy, market or security. But it also comes with over 2,700 journalists around the globe generating news and other stories each and every day.But interestingly, Bloomberg has adopted AI which combs basic company news releases as well as economic data releases and other basic news and lets its army of robotic writers do the work which increasingly provides a larger percentage of its posted stories.Nothing yet subjective in the robotic writing -- but you never know how this will develop. By the way, I am not a robot. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars But AI has a lot further to go. It can and will lead to autonomous cars and new medical and surgical treatments, as well as design of goods and a host of other applications. This also includes trading of stocks, bonds and other securities. But like for any newer, developing and evolving technology, AI has a lot than can go wrong for individual companies. So, I'll present some artificial intelligence stocks that are proven in their capabilities and will be there for the longer run. And to boot, they also pay dividends. Artificial Intelligence Stocks to Buy: Hercules Capital (HTGC)Hercules Capital Total Return Source BloombergHercules Capital (NYSE:HTGC) is based in the U.S. tech mecca of Palo Alto, California, with offices around the nation. It focuses on working with technology companies and has a good track record of financing startups that become bold-faced names in the tech market. The company makes loans and provides other financing, and it also takes equity participation in its portfolio companies. It then works with them like bankers used to do by guiding them along to an exit strategy of being bought or through an IPO.It has numerous hardware and software companies that are part and parcel of the AI sector.Its net interest margin (NIM) which is measure of the cost of funding against interest earnings is ample at 8.9% and the efficiency ratio is good at 52.5% (the lower the ratio, the greater the profitability). Revenues are up 8.8% for the trailing year. That feeds a nice annual dividend stream, including regular special distributions, yielding around 10%.It is a proven performer -- including for the year to date, with a return so far of 18%, before you count in the dividends. Microsoft (MSFT)Microsoft Total Return, Source: BloombergMicrosoft (NASDAQ:MSFT) is a major provider of all sorts of software and services which are mission critical for AI. The company offers software and systems which are used to design and operate AI components and whole systems. And to make AI truly work -- particularly with remote devices, including autonomous cars -- you need cloud computing. And Microsoft is currently the second largest cloud company with its Azure services unit.The company continues to move to further its reformation as the poster child for successful tech companies. It's moving from one-off hardware or software sales to recurring revenues from subscriptions as well as contract sales.Revenues are climbing, gaining 14% in the trailing year. Operating margins are fat at 34%, and in turn, these drive a return on equity of a whopping 42.4%.The dividend is a bit less at 1.34% but the distributions continue to rise, with five-year annual gains at 10.44%.And the stock market continues to recognize its very real performance, with the Microsoft stocki price gaining 37% year to date. AT&T (T)AT&T Total Return, Source: BloombergYes, Ma Bell. AT&T (NYSE:T) is also vital for AI. Sure, chip makers might get a lot of the attention. But just like for Microsoft, it is the mainstream companies that provide the guts for AI to operate. And as Hercules provides the next up-and-comers' products, Ma Bell and its wireless services will make them all be able to get access to data to operate.The company is the leading wireless communications company and provides fixed-line data communications for data centers and cloud operations. It also has cable and satellite transmission and content units, including Warner Brothers. Warner Brothers, of course, provides AI engineers with visions of what could be from science fiction films and series.Revenues are a little tamer for now, gaining 6.4% in the trailing year. But operating margins are good at 15.3% which makes for a good return on equity for a big company at 9.5%.The dividend is running at a whopping 5.5% and the distributions keep rising year in and year out by an average of over 2% per year.And thanks to more in the market figuring out what's under the hood of the company including some activist investment funds - the shares have returned 39.08% year to date. Digital Realty Trust (DLR)Digital Realty Trust Total Return, Source: BloombergAs noted above in Microsoft, cloud computing is vital to AI. And to make the cloud work, you need massive data centers everywhere.This is where Digital Realty Trust (NYSE:DLR) comes in.This is a real estate investment trust (REIT) which owns data centers around the U.S. and in major markets around the world where AI is being developed and implemented. And data centers are hard to quickly replicate -- making the assets of the REIT all the more valuable.Revenues are up in the trailing year by 23.9%. And the return from its funds from operations (FFO), which measures the return just from the actual revenues from its properties, is a very high for a REIT rate of 16.40%.And like for REITs in general, the dividend is higher than the general stock market at 3.38%. It has been on the rise just over the past twelve months by 7.32% in distribution amounts.Digital Realty Trust is also a good performer for shareholders with a total return for just the year to date of 23.04%. That is right on track with the returns over the past 10 years at 330.91% for an average annual equivalent return of 15.72%. And one more word on that nice dividend. Thanks to the Tax Cuts & Jobs Act of 2017 and a particular line item, the dividend comes with a 20% deduction for individual investors from their income tax liability, making the yield even higher on a tax-equivalent basis.Those are my picks for artificial intelligence stocks with proven companies with less risk and attractive dividends. Perhaps you might like to see more of my market research and recommendations for further safer growth and bigger reliable income. For more, look at my Profitable Investing. Click here to learn more.Neil George was once an all-star bond trader, but now he works morning and night to steer readers away from traps -- and into safe, top-performing income investments. Neil's new income program is a cash-generating machine…one that can help you collect $208 every day the market's open. Neil does not have any holdings in the securities mentioned above. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars * 5 Stocks to Buy With Great Charts * 5 Goldman Sachs Stocks to Buy with Over 20% Upside Potential The post 4 Artificial Intelligence Stocks for Any Investor appeared first on InvestorPlace.
Hercules Capital, Inc. , the largest and leading specialty financing provider to innovative venture growth stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Kroll Bond Rating Agency, Inc.
Hercules Capital, Inc. , the largest and leading specialty finance provider to innovative, venture growth stage companies backed by some o
Every industry has its disruptors. The old and established leaders get comfortable doing things the same way -- it has worked for decades, so why change? Sometimes disruptors come with new ideas and approaches. Other times they have new technologies that can range from an app to a completely new means of operating.Source: Shutterstock One example that I use on a daily basis involves artificial intelligence (AI). I have a Bloomberg Terminal, which is a vital tool for pulling all sorts of data and information on any economy or market as well as any stock, bond or other security. It also comes with over 2,700 journalists around the globe that are generating news and other stories each and every day. But interestingly, Bloomberg has adopted AI which combs news releases and economic data releases. Then its army of robotic writers create an increasing percentage of its posted stories.There shouldn't be anything subjective in the robotic writing, but you never know how this will develop. By the way, I am not a robot.InvestorPlace - Stock Market News, Stock Advice & Trading Tips AI and Fintech StocksBanking is getting it worse. Financial technology (Fintech) companies continue to roll out non-bank payment, loan and deposit apps. These are increasingly making consumer banking with traditional banks less necessary, if not more costly. And even mortgages can be applied for or refinanced via apps.This has led many newer stocks to grab investor attention, including Square (NYSE:SQ) with its alternative mobile payment and point-of-sale services. It many be gathering new adopters, with revenue up over the trailing year by 49%, but it has negative operating margins running at -1.1% which in turn is delivering a loss on shareholder equity of -4.7%. * 7 Deeply Discounted Energy Stocks to Buy And dividends? Not with Square's cash burn. No wonder that in the trailing year, insiders have been reporting millions upon millions of shares sold, not bought. Bad indicator.Then there's Fiserv (NASDAQ:FISV) stock, which provides behind-the-scenes services and systems to alt-financial fintech companies. This company is a bit more responsible, with operating margins running at 30.1% which in turn is helping the return on equity to reach a current 35.6%. But its sales are anemic, with gains over the trailing year of only 2.2%.And it doesn't have much cash on hand, putting it in credit jeopardy in the short term. And the stock is valued at 16.4 times its book value which is has actually dropped by 42.6% to a current value of $6.48 per share from where it stood back in 2017.Again, no wonder that over the trailing year, that there were 20 sellers in management and the board -- again not a vote of confidence. And dividends? Not with the cash trouble and short-term credit woes. Instead, twice in the past 10 years, Fiserv has had to do two reverse 2 for 1 splits to keep the stock price up to avoid regulatory and market scrutiny. Better Alt-Financials With Better FintechFintech might be a good disrupter for beating traditional banks, but it's not so rewarding for investors -- especially without dividend income.But what is really beating banks comes from three obscure bits of Congressional legislation: The Investment Companies Act of 1940, The Small Business Investment Incentive Act of 1980 and The Cigar Excise Tax Extension Act of 1960.The Investment Companies Act established holding companies and funds, which allowed companies to own financial assets beyond just plant and equipment like operating companies. The Small Business Investment Incentives Act provided companies beyond banks to lend and own loans and other financing instruments from public and private companies, which brought needed loans to a stifled banking market. And the Cigar Excise Tax Extension Act had embedded in it the legal and tax structure which enabled real estate investment trusts (REITs). Business Development CompaniesBack in the late 1970's, inflation was out of control, driving interest rates to the moon and driving banks to be reticent about lending. So, the 1980 legislation allowed non-banks to operate as investment companies which could make loans and invest in loans. This began what is largely known as Business Development Companies (BDCs), which also do not have to pay traditional corporate income taxes.BDCs have been a very successful business model over the past many years. Banks have been strangled with low interest rates, which limit their net interest margins (NIM). This margin is the difference between what they pay in deposits against what they earn from loans. And regulations post 2007-2008 have stifled them with costly compliance. Even with relief over the past three years, much still needs to be done to unburden banks.Better than Banks: MVIS BDC Index Total Return Source MVIS & BloombergBDCs are outside much regulatory purviews and they don't do deposits. And lower interest rates enable them to fund themselves at lower rates through various non-banking means such as the bond and credit markets. And it shows in the performance of the MVIS BDC Index generating a return year to date of 21.53% including an average trailing tax-advantaged dividend yield of 9.72%.Moreover, BDCs also participate in the business loan market. And while there can be some shadows in this part of the credit market, the well-run and well-capitalized companies can participate in senior loans, which BDCs can participate in for their portfolio assets.Senior Loan Debt Index Source Palmer Square & BloombergSenior loans continue to perform well, even with some pullbacks. Such was the case with a drop in liquidity during the closing weeks of last year.In the model portfolios of my Profitable Investing, I have a great BDC in Hercules Capital (NYSE:HTGC). Hercules is based in Palo Alto, California, with offices around the nation. It focuses on working with technology companies and has a good track record of financing startups through to become bold-faced names in the tech market. It makes loans and provides other financing and also takes equity participation in its portfolio companies. It then works with them like bankers used to do by guiding them along to an exit strategy of being bought or through an IPO.Net interest margin (NIM) is ample at 8.9% and the efficiency ratio is good at 52.5% (the lower the ratio, the greater the profitability). Revenues are up 8.8% for the trailing year and it feeds a nice annual dividend stream including regular special distributions yielding 10.1%.The Profitable Investing portfolio also has Main Street Capital (NYSE:MAIN). This BDC focuses on more mundane small-to-middle-market companies with lending and other financing. It has wide financial margin and an efficiency ratio of an amazing 8.2%. and it pays an annual dividend, including regular special distributions, yielding 6.7%.Then there is my recommended TPG Specialty Lending (NYSE:TSLX). This company provides financing and capital to a variety of companies, including loan assets in its portfolio. Part of the famous TPG Capital formally called Texas Pacific Group which is one of the largest and more successful private equity firms in the world -- TPG Specialty draws great talent and resources from its affiliate.Revenues are up on a tear with the trailing year climbing by 24.2%. Its NIM is running at 10% and it keeps its efficiency ratio humming at a profitable 31.5%.TPG Specialty Lending (TSLX) Longer Term Total Return Source BloombergThe company has generated a return of 87.8% over the trailing five years for an average annual equivalent of 13.4%.It pays regular dividends quarterly, providing a yield of 7.5%. But it also regularly pays additional dividends from ongoing profits throughout the year for a current annual yield of 8.8%. Another Proven Bank DisruptorBanks used to be big in the mortgage business. That has been changing, particular post-2007-2008. Now others are in the market to originate and own mortgages. Inside my model portfolios of Profitable Investing, I have MFA Financial (NYSE:MFA) which is structured as a REIT under the Cigar Excise legislation noted above. MFA owns and runs a mortgage portfolio which in turn fuels an ample dividend yielding 11%. And it has proven itself to work during times of adversary including doing pretty well in the midst of the 2007-2008 financial crisis.Over the past 10 years, MFA has delivered a return of 213.48% for an average annual equivalent of 12.09%. Buy it in a taxable account as 20% of its dividends qualify as deductible from income tax liabilities thanks to the Tax Cuts & Jobs Act of 2017, making the payout distributions even more attractive after taxes.And now that I've presented my alternative Alt-Financials for more dividends and price gains, perhaps you might like to see more of my market research and recommendations for further safer growth and bigger reliable income. For more - look at my Profitable Investing. Click here to learn more: https://profitableinvesting.investorplace.com/Neil George is the editor of Profitable Investing and does not have any holdings in the securities mentioned above. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Deeply Discounted Energy Stocks to Buy * 7 Stocks to Buy In a Flat Market * 10 Stocks to Buy to Ride China's Emerging Wealth The post 4 Fintech Alternatives to Square & Fiserv with Big Dividends appeared first on InvestorPlace.
Capitala Finance (CPTA) witnesses fall in total investment income in the second quarter of 2019. However, a decline in expenses aids the company.
Hercules Tech (HTGC) delivered earnings and revenue surprises of 9.09% and 10.80%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
The ability to buy it and forget it is the nirvana of investing for retirement. After all, most individual investors don't have abundant amounts of time and skill to do the homework needed on an ongoing basis when it comes to investing for retirement.Source: Shutterstock But by the very nature that you're reading this, you have made the time and the effort to invest beyond just the general stock market.So, while I cannot just give you a list of "buy and forget" stocks, I will steer you towards a collection of stocks in specific industries and markets that have a good track record of delivering growth and income for many years.InvestorPlace - Stock Market News, Stock Advice & Trading Tips A Word On Income and the "Buy and Hold" MethodThe general advice from Wall Street is to just buy and own the S&P 500 Index through mutual funds or ETFs as stocks always go up over time. Most long-term investors don't care about dividends as much as growth. Their argument is that they don't need income, so why have a focus on it until they retire and start to withdraw payments from their accounts?Investors who think this way are missing the fact that dividend income is vital to building a better retirement portfolio. If not taken out, dividends pile up and can be reinvested to build up a portfolio. This brings a growth element to a portfolio when the general stock market is flat or slipping. And it also works to build up overall portfolio balances.Even my most favored stocks are not immune to changes in their businesses, markets or general economic changes. I suggest to my subscribers of Profitable Investing that they merely do a quick review of their own holdings once a month when statements are issued. The review should include a simple question of each holding: would you buy it again and why? If you can't easily answer yes and with a simple explanation of why - then it is time to sell and move on to something else.But now, on to my collection of longer-term buy and own stocks. 5 Stocks to Buy for the Longer HaulI have put together a collection of five stocks to buy that are in diverse markets and pay dividends that range from close to the average of the S&P 500 Index to many multiples more. They are in varied segments ranging from industrial and consumer products, technology, utilities, real estate investment trusts (REITs) and the energy market. And all of them are proven to well-serve their longer-term investors.First, Compass Diversified Holdings (NYSE:CODI) is a holding company that owns a collection of industrial and consumer products companies which it buys, owns, and sometimes sells. Along the way, the company collects lots of cashflows from its underlying companies. In turn, it pays a lion's share of the profits in the form of a big dividend, currently yielding 7.2%.Compass Diversified Holdings (CODI) Total Return Source BloombergCODI shares have delivered a total return since coming to the public market of 324.95% against the S&P 500 index's return of 200.49%Next is Hercules Capital (NYSE:HTGC). This is a Silicon Valley-headquartered company which seeks out new and developing technology companies in its area and beyond. It then works to finance their developments and takes equity participation. HTCG provides guidance in their development including eventual exit strategies through company sales and initial public offerings (IPOs). HTGC stock also pays a bigger dividend which currently yields 9.82%.And the company has delivered a return since coming to the market in 2005 of 292.69% against the return of the S&P 500 Index at 238.4%.Hercules Capital (HTGC) Total Return Source BloombergOn to the energy market in the reliable dividend-paying segment of oil and gas pipelines with Enterprise Product Partners (NYSE:EPD). Enterprise Products owns and operates a massive network of pipeline and related oil and gas infrastructure that is crucial to the growing petroleum industry in the U.S.Enterprise Product Partners (EPD) Total Return Source BloombergEPD generates an increasing amount of revenues and profits which in turn pays a portion in a dividend yielding 5.9%. Since coming to the market in 1998 the company has delivered a return to shareholders of 2,013.15% against the S&P 500 Index return of a mere 290.28%Next is one of the most impressive of U.S. power utility providers, NextEra Energy (NYSE:NEE). This company provides regulated power to customers in Florida. NEE also provides unregulated wind and solar-generated power throughout North America. This combination of reliable cashflows from its regulated business and growth from the unregulated wind and solar generates ample growth in the stock price along with a modest dividend yielding 2.4%.NextEra Energy (NEE) Total Return Source BloombergAnd since 1980 to date, NextEra Energy has delivered a total return with stock price growth and dividend income amounting to 22,218.67% compared to the general return of the S&P 500 Index at 6,797.30%. That's a whole new era of a return for a retirement account.Last up is a favorite REIT that owns and manages college campus facilities and dorms around the U.S. American Campus Communities (NYSE:ACC) is the leading publicly traded college dorm REIT in the U.S. ACC continues to be a very reliable source for dividend income and growth in the underlying property values. It yields 4.02% with a dividend payment that continues to rise by an average of 4.85% per year over the past five years.And since coming to the public market in 2004 to date, the company has delivered a return of 411.11% which compares well against the S&P 500 Index return for the same period of 276.29%.American Campus Communities (ACC) Total Return Source BloombergNow that I have presented my way to invest in the solid long-term focused stocks for growth and income, you might like to see more of my market research and recommendations for further safer growth and bigger reliable income. For more -- look at my Profitable Investing.In addition, if you find yourself in San Francisco on August 15 through 17 - please join me at the MoneyShow where I'll be presenting my economic and market analysis and my latest investment themes and recommendations.Neil George is the editor of Profitable Investing and does not have any holdings in the securities mentioned above, but they may be held in his model portfolios. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 A-Rated Stocks Under $10 * 8 Monthly Dividend Stocks to Buy for Consistent Income * 7 Disruptive Biotech Stocks to Buy for 2025 The post 5 Stocks to Buy and Hold Through Retirement appeared first on InvestorPlace.
Hercules Tech (HTGC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.