HTGC Stock Recent News

The latest trading day saw Hercules Capital (HTGC) settling at $18.08, representing a +1.57% change from its previous close.

Hercules Capital, Inc.'s focus on first-lien, floating rate debt in tech and life sciences offers stability, but growth will likely slow as rates fall. HTGC stock's 58% premium to NAV is both a risk and a competitive advantage, enabling cheaper capital raises but exposing downside if sentiment shifts. Lower interest rates could pressure income but also improve portfolio credit quality and increase deal flow, partially offsetting negatives for HTGC.

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 sell-side) analysts often affect a stock's price, do they really matter?

In the latest trading session, Hercules Capital (HTGC) closed at $18.02, marking a +1.24% move from the previous day.

SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), today announced that it has closed an upsized underwritten public offering of $350.0 million in aggregate principal amount of 6.000% notes due June 2030 (the “Notes”). The Notes are unsecured and bear interest at a rate of 6.000% per year, payable semiannually, will mature on June 16, 2030 and may be redeemed in whole or in part at any time or from time to time at the Company's option at par,.

I maintain a hold rating on HTGC due to its premium valuation and rising concerns over portfolio quality and PIK interest income. HTGC's dividend yield remains attractive and well-covered, but increasing PIK income signals potential stress among borrowers if rates stay elevated. The portfolio is concentrated in volatile sectors and faces heightened risk from competition and macro uncertainty, despite strong first lien loan positioning.

SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), today announced that it has priced an upsized underwritten public offering of $350.0 million in aggregate principal amount of 6.000% notes due June 2030 (the “Notes”). The closing of the transaction is subject to customary closing conditions and the Notes are expected to be delivered and paid for on June 16, 2025. The Notes are unsecured and bear interest at a rate of 6.000% per year, payable.

Small-cap stocks typically do well when interest rates fall, which they may do later this year.

I focus on the payback period and high-yield income, highlighting Hercules Capital and VICI Properties for faster capital recoupment and strong recurring income. HTGC stands out with a 10.4% yield, first-lien senior secured loans, robust credit ratings, and a well-covered dividend. VICI offers a 5.4% yield, stable triple-net leases with blue-chip tenants, and a strong balance sheet, supporting reliable income and growth.

Buying right and holding tight can be a winning investment strategy over in-vogue short-term strategies. EPD has strong fee-based earnings, strong balance sheet, and growth projects coming online, offering a 6.8% yield and potential for double-digit total returns. CSWC excels in the lower middle market with an internally managed structure, low expenses, and an 11% yield, supporting regular and special dividends.