Hercules Capital (HTGC) Stock

In the latest trading session, Hercules Capital (HTGC) closed at $20.12, marking a -1.28% move from the previous day.

Although stock returns have been impressive, new investors looking for passive income have discovered that dividend yields decrease when stock prices increase. Most S&P 500 stocks do not offer attractive dividend yields, but some business development companies (BDCs) are worth considering for those seeking income. Ares Capital (NASDAQ: ARCC), PennantPark Floating Rate Capital (NYSE: PFLT), and Hercules Capital (NYSE: HTGC) currently provide an average yield of 9.9% based on recent prices.

Hercules Capital (HTGC) concluded the recent trading session at $20.08, signifying a +1.11% move from its prior day's close.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

INDIANAPOLIS , Dec. 19, 2024 /PRNewswire/ -- Remodel Health , the #1 Individual Coverage Health Reimbursement Arrangement (ICHRA) provider for brokers, today announced it has raised more than $100 million from Oak HC/FT and Hercules Capital, Inc. (NYSE: HTGC)  in growth funding. Remodel Health has raised more than $100 million from Oak HC/FT and Hercules Capital, Inc. in growth funding.

Hercules Capital offers an attractive income yield (~8.4% regular dividends) and focuses on US businesses in technology, life sciences, SaaS, and renewable technology sectors. Since Hercules Capital offers attractive distributions (including supplemental dividends), investors should examine the safety of its payments, as HTGC is sensitive to FED policy. I provided a sensitivity analysis of Hercules dividend coverage, taking into account different interest-level scenarios, including both the reduction of its income and the lower cost of debt.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

HTGC's third-quarter 2024 earnings match estimates on an increase in total investment income and solid portfolio activities.

LONDON--(BUSINESS WIRE)--Behavox, a leading provider of AI-driven compliance solutions for Financial Services, announced today that it has secured a $70 million credit facility from Hercules Capital, Inc. (NYSE: HTGC), further increasing ample liquidity reserves on its balance sheet. Behavox intends to use the funds for strategic acquisitions and the building of new products to deliver more value to compliance teams globally. Today, Behavox is recognized as the leading provider of communication.