HTGC
Hercules Capital, Inc.
NYSEUSDEQUITY
Financial Services
DELAYED
Neutral
-4/100
Last price
16.60
▼ 0.09 (0.54%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
16.68
Prev close
16.69
Day high
16.75
Day low
16.56
Volume
972.37K
Market cap
$3.10B
P/E (TTM)
8.29
52W range
13.70 – 19.13
Day trading desk
Gap from prior close
-0.06%
Prior close 16.69
VWAP
16.60
+0.01% from price
Relative volume
1.23×
Normal
Session range
2.60%
16.56 – 16.99
Position in range
9%
Near session low
ATR (14D)
0.32
1.96% of price
Prior day high
17.01
PDH
Prior day low
16.65
PDL
Bid / ask spread
—
Quote not published
Session volume
1.84M
Avg 1.49M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-2.36%
-4.3%
1M
-6.01%
-7.2%
3M
+4.28%
-0.2%
6M
+9.59%
-8.6%
YTD
-11.96%
-26.2%
1Y
-9.95%
-26.4%
3Y
+0.91%
-81.3%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on HTGC open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
3.63M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Sep 17, 26 | FICHERA ALFRED B. Director |
STOCK | 3.48K | $61.86K | Direct |
| Jun 18, 26 | BADAVAS ROBERT P Director |
STOCK | 3.87K | $59.99K | Direct |
| Mar 26, 26 | THEODOSOPOULOS NIKOS Director |
BUY | 7.32K | $105.00K | Direct |
| Mar 26, 26 | LOO WADE W Director |
BUY | 7.32K | $105.00K | Direct |
| Mar 26, 26 | RANDHAWA PARAMJEET K Director |
BUY | 2.93K | $41.99K | Direct |
| Mar 26, 26 | FALLON THOMAS J Director |
BUY | 7.30K | $104.39K | Indirect |
| Mar 26, 26 | BADAVAS ROBERT P Director |
BUY | 3.66K | $52.49K | Direct |
| Mar 26, 26 | CROWELL GAYLE ANNE Director |
BUY | 7.32K | $105.00K | Direct |
| Mar 26, 26 | AGUIRRE DEANNE Director |
BUY | 7.32K | $105.00K | Direct |
| Mar 4, 26 | FOLLMANN CHRISTIAN Chief Operating Officer |
BUY | 5.00K | $73.40K | Direct |
| Mar 4, 26 | FOLLMANN CHRISTIAN Chief Operating Officer |
BUY | 5.00K | $73.40K | Direct |
| Mar 4, 26 | RANDHAWA PARAMJEET K Director |
BUY | 3.05K | $45.08K | Direct |
| Feb 27, 26 | BLUESTEIN SCOTT Chief Executive Officer |
BUY | 7.00K | $100.45K | Direct |
| Feb 27, 26 | THEODOSOPOULOS NIKOS Director |
BUY | 2.60K | $36.95K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
AGUIRRE DEANNE |
Director | 30.84K | Purchase |
BADAVAS ROBERT P |
Director | 131.02K | Stock Award(Grant) |
BLUESTEIN SCOTT |
Chief Executive Officer | 2.52M | Purchase |
BOTELHO KIERSTEN ZAZA |
Officer | 93.34K | Purchase |
CROWELL GAYLE ANNE |
Director | 97.59K | Purchase |
FALLON THOMAS J |
Director | — | Purchase |
FOLLMANN CHRISTIAN |
Chief Operating Officer | 150.49K | Purchase |
LOO WADE W |
Director | 46.82K | Purchase |
MEYER SETH H |
Chief Financial Officer | 448.55K | Purchase |
THEODOSOPOULOS NIKOS |
Director | 29.36K | Purchase |
Fundamentals
Market cap$3.10B
Enterprise value$5.36B
Revenue (TTM)$566.17M
Gross profit$566.17M
EBITDA$474.26M
Net income$380.32M
EPS (TTM)$2.00
Free cash flow$257.87M
Total cash$48.18M
Total debt$2.35B
Book value / share$12.32
Shares outstanding187.16M
Float171.48M
Short % of float5.12%
Dividend yield11.35%
Beta (5Y)0.76
Valuation & profitability ratios
Trailing P/E8.29
Forward P/E8.42
PEG ratio0.52
Price / sales—
Price / book1.35
EV / revenue9.47
EV / EBITDA11.30
Gross margin100.00%
Operating margin83.19%
Profit margin67.68%
Return on equity17.32%
Return on assets6.60%
Debt / equity103.33
Current ratio0.12
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $438.52M | $353.75M | $426.50M | $184.64M | +24.0% |
| Operating revenue | $438.52M | $353.75M | $426.50M | $184.64M | +24.0% |
| Selling, general & admin | $19.03M | $19.67M | $18.70M | $16.95M | -3.3% |
| Total operating expense | $98.78M | $90.78M | $89.01M | $82.56M | +8.8% |
| Pre-tax income | $339.74M | $262.97M | $337.48M | $102.08M | +29.2% |
| Net income | $339.74M | $262.97M | $337.48M | $102.08M | +29.2% |
| Net income to common | $337.02M | $260.13M | $334.14M | $102.08M | +29.6% |
| Basic EPS | 1.90 | 1.61 | 2.32 | 0.80 | +18.0% |
| Diluted EPS | 1.85 | 1.61 | 2.31 | 0.79 | +14.9% |
| Basic shares | 177.39M | 161.08M | 144.09M | 125.19M | +10.1% |
| Diluted shares | 188.86M | 161.60M | 144.83M | 126.66M | +16.9% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $56.99M | $113.12M | $98.90M | $15.80M | -49.6% |
| Property, plant & equipment | $14.84M | $16.78M | $4.79M | $4.99M | -11.5% |
| Total assets | $4.58B | $3.83B | $3.42B | $3.03B | +19.6% |
| Total debt | $2.30B | $1.79B | $1.56B | $1.58B | +28.8% |
| Total liabilities | $2.37B | $1.84B | $1.61B | $1.63B | +28.6% |
| Retained earnings | $101.15M | $88.92M | $140.01M | $59.91M | +13.8% |
| Shareholder equity | $2.22B | $1.99B | $1.80B | $1.40B | +11.4% |
| Net tangible assets | $2.22B | $1.99B | $1.80B | $1.40B | +11.4% |
| Shares issued | 182.69M | 170.57M | 157.76M | 133.04M | +7.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $339.74M | $262.97M | $337.48M | $102.08M | +29.2% |
| Depreciation & amortisation | $337.00K | $466.00K | $190.00K | $204.00K | -27.7% |
| Change in working capital | $5.90M | $15.42M | -$17.17M | -$16.23M | -61.7% |
| Operating cash flow | -$425.80M | -$118.09M | $68.28M | -$424.80M | -260.6% |
| Capital expenditure | -$89.00K | -$705.00K | -$887.00K | -$114.00K | +87.4% |
| Investing cash flow | -$89.00K | -$705.00K | -$887.00K | -$114.00K | +87.4% |
| Share buybacks | -$6.49M | -$3.43M | -$12.70M | -$4.53M | -89.2% |
| Dividends paid | -$325.99M | -$303.48M | -$273.68M | -$245.12M | -7.4% |
| Financing cash flow | $368.92M | $119.20M | $22.75M | $314.52M | +209.5% |
| Free cash flow | -$425.89M | -$118.79M | $67.39M | -$424.91M | -258.5% |
| End cash position | $59.45M | $116.42M | $116.01M | $25.88M | -48.9% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $158.25M | $67.78M | $115.99M | $145.12M | $104.70M | +133.5% |
| Operating revenue | $158.25M | $67.78M | $115.99M | $145.12M | $104.70M | +133.5% |
| Selling, general & admin | $4.87M | $4.80M | $4.64M | $4.48M | $5.10M | +1.4% |
| Total operating expense | $28.07M | $25.28M | $25.16M | $25.44M | $25.82M | +11.0% |
| Pre-tax income | $130.18M | $42.50M | $90.83M | $119.69M | $78.89M | +206.3% |
| Net income | $130.18M | $42.50M | $90.83M | $119.69M | $78.89M | +206.3% |
| Net income to common | $130.18M | $42.50M | $88.12M | $119.69M | $78.89M | +206.3% |
| Basic EPS | 0.70 | 0.23 | 0.50 | 0.66 | 0.44 | +204.3% |
| Diluted EPS | 0.67 | 0.23 | 0.48 | 0.63 | 0.43 | +191.3% |
| Basic shares | 185.52M | 182.76M | 180.77M | 180.36M | 176.81M | +1.5% |
| Diluted shares | 199.58M | 196.82M | 194.79M | 194.36M | 190.78M | +1.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $48.18M | $42.37M | $56.99M | $29.40M | $52.25M | +13.7% |
| Property, plant & equipment | $13.84M | $14.35M | $14.84M | $15.33M | $15.82M | -3.5% |
| Total assets | $4.69B | $4.83B | $4.58B | $4.41B | $4.28B | -2.9% |
| Total debt | $2.35B | $2.55B | $2.30B | $2.17B | $2.08B | -8.0% |
| Total liabilities | $2.41B | $2.60B | $2.37B | $2.22B | $2.13B | -7.1% |
| Retained earnings | $99.15M | $56.92M | $101.15M | $87.97M | $53.68M | +74.2% |
| Shareholder equity | $2.27B | $2.23B | $2.22B | $2.19B | $2.15B | +2.1% |
| Net tangible assets | $2.27B | $2.23B | $2.22B | $2.19B | $2.15B | +2.1% |
| Shares issued | 187.22M | 187.17M | 182.69M | 181.78M | 181.73M | +0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $130.18M | $42.50M | $90.83M | $119.69M | $78.89M | — | +206.3% |
| Depreciation & amortisation | $84.00K | $85.00K | $83.00K | $84.00K | $81.00K | — | -1.2% |
| Change in working capital | $24.11M | -$24.43M | $8.92M | $182.00K | $15.32M | — | +198.7% |
| Operating cash flow | $297.92M | -$230.63M | -$55.61M | -$3.17M | -$144.82M | — | +229.2% |
| Capital expenditure | — | -$19.00K | -$33.00K | -$29.00K | -$19.00K | -$8.00K | — |
| Investing cash flow | $0 | -$19.00K | -$33.00K | -$29.00K | -$19.00K | — | +100.0% |
| Share buybacks | -$819.00K | -$3.37M | -$1.02M | -$974.00K | -$1.03M | — | +75.7% |
| Dividends paid | -$85.97M | -$84.42M | -$82.94M | -$83.64M | -$80.55M | — | -1.8% |
| Financing cash flow | -$292.42M | $216.12M | $64.60M | $397.00K | $143.82M | — | -235.3% |
| Free cash flow | $297.92M | -$230.65M | -$55.64M | -$3.20M | -$144.84M | — | +229.2% |
| End cash position | $50.43M | $44.93M | $59.45M | $50.49M | $53.30M | — | +12.2% |
Options analytics
Put / call volume
4.40
Put-heavy session
Put / call open interest
131.00
Positioning, not flow
Max pain
22.00
+32.8% from spot
ATM implied vol
6.3%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
180
Contracts, this expiry
Put volume
792
Contracts, this expiry
Heaviest call OI
9.00
2 contracts
Heaviest put OI
9.00
182 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.48 | 0.50 | +3.3% |
| Mar 2026 | 0.47 | 0.48 | +1.3% |
| Dec 2025 | 0.49 | 0.48 | -2.5% |
| Sep 2025 | 0.48 | 0.49 | +1.3% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.48 | 9 | $144.11M | +4.4% |
| Next quarter | 0.48 | 9 | $147.44M | +7.3% |
| Current year | 1.93 | 9 | $582.10M | +9.3% |
| Next year | 1.97 | 9 | $623.27M | +7.1% |
Analyst targets & ownership
Mean target$19.50
High target$25.00
Low target$17.00
Implied upside17.47%
Analyst count9
ConsensusNONE
Strong buy / Buy2 / 6
Hold1
Sell / Strong sell0 / 0
Held by insiders1.97%
Held by institutions36.41%
Institutions holding388
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
16.84
-1.41% from price
SMA 20
17.16
-3.45% from price
SMA 50
17.09
-3.06% from price
SMA 100
16.37
+1.41% from price
SMA 200
16.35
+1.33% from price
EMA 12
16.91
-1.85% from price
EMA 26
17.06
-2.67% from price
EMA 50
16.94
-2.02% from price
RSI (14)
36.4
Neutral
MACD (12,26,9)
-0.14
Hist -0.09
ATR (14)
0.32
1.96% of price
Realised vol 30D
13.1%
Annualised
Bollinger upper
17.88
20, 2σ
Bollinger lower
16.45
20, 2σ
50 / 200 cross
Golden
17.09 vs 16.35
Trend bias
Above 200
+1.33%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.68
Less volatile than market
Correlation to SPY
0.37
Loosely linked
Realised vol 30D
13.1%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-27.1%
Peak to trough
Max drawdown 5Y
-39.5%
Peak to trough
ATR 14
0.32
1.96% of price
Beta (reported)
0.76
5Y monthly, from filing
Short interest
Shares short
9.40M
Prior 10.73M
Change vs prior
-12.4%
Shorts covering
% of float
5.12%
Normal
% of shares out
5.02%
Against total outstanding
Days to cover
6.1
Crowded exit
Float
171.48M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 1, 26 | UBS | UPGRADE | Neutral | Buy |
| Jul 31, 26 | Ladenburg Thalmann | MAINTAINED | Buy | Buy |
| May 18, 26 | UBS | MAINTAINED | Neutral | Neutral |
| May 6, 26 | Piper Sandler | MAINTAINED | Neutral | Neutral |
| Apr 22, 26 | Citizens | MAINTAINED | Market Outperform | Market Outperform |
| Apr 16, 26 | Keefe, Bruyette & Woods | MAINTAINED | Outperform | Outperform |
| Apr 7, 26 | Piper Sandler | MAINTAINED | Neutral | Neutral |
| Mar 13, 26 | UBS | MAINTAINED | Neutral | Neutral |
| Feb 13, 26 | Keefe, Bruyette & Woods | MAINTAINED | Outperform | Outperform |
| Feb 13, 26 | Wells Fargo | MAINTAINED | Overweight | Overweight |
| Feb 13, 26 | Piper Sandler | DOWNGRADE | Overweight | Neutral |
| Nov 4, 25 | Compass Point | UPGRADE | Neutral | Buy |
Dividends & splits
Forward rate$1.88 / yr
Forward yield11.35%
5-year avg yield10.07%
Payout ratio93.53%
Ex-dividend dateAug 11, 2026
Next pay dateAug 18, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-09-17
Periodic Financial Reports
10-Q · 2026-07-30
Corporate Changes & Voting Matters
8-K · 2026-07-24
Corporate Changes & Voting Matters
8-K · 2026-07-21
Offering Registrations
S-8 · 2026-06-26
Corporate Changes & Voting Matters
8-K · 2026-06-18
Corporate Changes & Voting Matters
8-K · 2026-05-05
Corporate Changes & Voting Matters
8-K · 2026-05-04
Headlines
Rocket Secures Credit Facility From Hercules Capital
MT Newswires · 9h ago
Capitolis Announces $220 Million in Financing, Including $120 Million Series E at $1.9 Billion Valuation, from Bank of America, Barclays, BNP Paribas, Citi, J.P. Morgan, Nomura, State Street, UBS, Tradeweb, and Others
GlobeNewswire · 17h ago
1 Stock Under $50 with Competitive Advantages and 2 We Turn Down
StockStory · 21h ago
Hercules Capital Prices $400 Million Note Offering Due 2029
MT Newswires · 1d ago
Hercules Capital Prices Upsized Institutional Notes Offering of $400.0 Million 6.70% Notes due 2029
Business Wire · 1d ago
How Much Does a 69-Year-Old Need Invested to Collect $8,250 a Month for Life?
24/7 Wall St. · 4d ago
Investing $50,000 Each in These 4 Dividend Stocks Spins off $18,000 a Year in Passive Income
24/7 Wall St. · 4d ago
Hercules Capital (HTGC) Stock Sinks As Market Gains: Here's Why
Zacks · 4d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.