Hercules Capital (NYSE:HTGC) released its quarterly earnings results on Thursday. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.01), MarketWatch Earnings reports. Hercules Capital had a net margin of 34.44% and a return on equity of 14.05%. The company had revenue of $67.97 million for the quarter, compared to the consensus estimate of $69.34 million.
Shares of NYSE:HTGC traded up $0.02 during mid-day trading on Friday, reaching $11.04. The stock had a trading volume of 1,311,578 shares, compared to its average volume of 671,422. The company has a market cap of $1.22 billion, a P/E ratio of 12.55 and a beta of 1.48. The business’s 50 day moving average price is $10.59 and its 200 day moving average price is $11.39. The company has a current ratio of 2.25, a quick ratio of 2.25 and a debt-to-equity ratio of 1.09. Hercules Capital has a 1 year low of $5.42 and a 1 year high of $16.40.
The company also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 10th will be issued a $0.32 dividend. The ex-dividend date is Friday, August 7th. This represents a $1.28 annualized dividend and a dividend yield of 11.59%. Hercules Capital’s dividend payout ratio (DPR) is 90.78%.
About Hercules Capital
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.
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