# Hercules Capital share price today (Hercules Capital, Inc., HTGC)

> Hercules Capital, Inc.'s earnings have grown faster than its share price. Earnings per share grew +15.2% in a year while the price moved −8.4%. HTGC · Financials · Asset Management · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/htgc

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## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: $16.41 (−8.4% in a year)
- P/BV: 1.3× (lower than 77% of the last 5.3 years)
- Revenue (Jun 2026): $149 M (+8.5% on a year ago)
- Profit (Jun 2026): $129 M (+65.0% on a year ago)
- Net margin: 86.5% (+29.6 points on a year ago)
- ROE: 16%, FY25
- ROA: 6.39%, latest

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Hercules Capital share price today? Hercules Capital, Inc.'s share price was $16.41 at the close on 3 November 2026. It has been stalling near its high for 14 weeks. That is 1.7% above its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 2 weeks running. In the last 52 weeks it traded between $14 and $19, and at that close it sat 50% of the way up from that low. Over the last 10 years the share price moved +31% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Hercules Capital pay? Hercules Capital, Inc. paid $1.60 per share over the last four reported quarters. The most recent declaration was $0.40 for Jun 2026. At today's price of $16.41 that is a yield of 9.75%, based on dividends already paid, not a forecast. ## Which stock lists is Hercules Capital on? Hercules Capital is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Hercules Capital profitable? Hercules Capital, Inc. earned $129 M of net profit in the Jun 2026 quarter, +65.0% on the same quarter a year earlier. Full-year FY25 profit was $337 M. Over 4 years profit has grown 18.2% a year on average. That is 86.5% of the quarter's revenue. The same quarter a year earlier earned $78.2 M. For the full year, FY25 profit was $337 M (+29.6% on the year before). Why profit moved: revenue changed +8.5% on a year earlier and the margin moved +29.6 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +43.0% and revenue +12.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Hercules Capital make, and is it growing? Hercules Capital, Inc. reported $149 M of income in the Jun 2026 quarter, +8.5% on the same quarter a year earlier. That is the 5th quarter in a row with growth on the year before. Over 4 years it has grown 17.3% a year on average. The last full year, FY25, came in at $532 M. The last four reported quarters add to $566 M. FY25 revenue was $532 M, +7.9% on the year before. Recent pace: the last four quarters grew +12.5% on average, against 17.3% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +12.3%, against +7.9% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +48.0%, against +17.0% a year (accelerating). ## How much does Hercules Capital keep from what it earns? Hercules Capital, Inc.'s net margin was 86.5% in the Jun 2026 quarter, 29.6 percentage points higher than the same quarter a year ago. Across 5 years it has been between 31.0% and 72.5%. The latest quarter is above every full year in that period. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of Hercules Capital's loans have gone bad? Hercules Capital, Inc. does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is Hercules Capital's loan book growing? Hercules Capital, Inc.'s revenue was $532 M in FY25, +7.9% on the year before, so the loan book is growing. The latest quarter was +8.5% on a year earlier. The net margin on that income is 86.5%, +29.6 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Quarterly loan-quality figures are missing here, so revenue growth and margin are the two we watch. ## What is Hercules Capital's P/BV ratio, and how does it compare with its own history? Hercules Capital, Inc.'s P/BV is 1.3×, near the low end of its own history: it has been lower only 23% of the time. Its usual P/BV (the middle reading) is 1.5×, over 5.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year book value grew while the price moved −8.4%. Price and book value moved together, so the multiple stayed in its range. Where the price move came from: over 5 years the price moved −1.7% a year; about +1.1% a year came from book-value growth and about −2.8 percentage points from the multiple (the market paying less). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the book value trend underneath matters more than the multiple. ## Is the Hercules Capital business getting better or worse? Hercules Capital, Inc.'s business is turning around. Profit growth has swung from −22.1% at its low to +48.0%, rising from a low 5 quarters ago, with ROE rising at 16.7%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does Hercules Capital earn on its equity and assets? Hercules Capital, Inc. earned a return on equity of 15% in FY25. Its lowest yearly reading on file was 7% in FY22. On its assets, every $100 earned about $6.39, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That is above the level a bank needs to grow its net worth steadily. Why ROE moved: profit grew 18.2% a year over 4 years while net worth grew more slowly. When earnings recover faster than net worth builds up, ROE climbs off its low. ## Does Hercules Capital have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the Hercules Capital shareholding pattern? 6.2% of Hercules Capital, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 9.2 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Hercules Capital from balance-sheet trouble? For Hercules Capital, Inc., the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does Hercules Capital rank in its industry? There is no score against its industry: Hercules Capital, Inc. is not among the largest members shown in this industry comparison for Asset Management. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Hercules Capital compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Hercules Capital in size? Hercules Capital is the 41st largest of 90 Asset Management companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Artisan Partners Asset Management Inc., Acadian Asset Management Inc. and FS KKR Capital Corp. Just below it: DigitalBridge Group, Inc., WisdomTree, Inc. and Sprott Inc. ### Asset Management companies close in size

1. [Artisan Partners Asset Management Inc.](https://www.sectoralpha.in/us/stocks/apam) $3.1 billion
2. [Acadian Asset Management Inc.](https://www.sectoralpha.in/us/stocks/aami) $3.1 billion
3. [FS KKR Capital Corp.](https://www.sectoralpha.in/us/stocks/fsk) $3.1 billion
4. Hercules Capital, Inc. $3.1 billion
5. [DigitalBridge Group, Inc.](https://www.sectoralpha.in/us/stocks/dbrg) $3 billion
6. [WisdomTree, Inc.](https://www.sectoralpha.in/us/stocks/wt) $2.9 billion
7. [Sprott Inc.](https://www.sectoralpha.in/us/stocks/sii) $2.7 billion

[All 90 Asset Management companies, largest first](https://www.sectoralpha.in/us/sectors/asset-management#all-companies)

### Companies close in size in other industries

1. [TriNet Group, Inc.](https://www.sectoralpha.in/us/stocks/tnet) $3.1 billion · Staffing & Employment Services
2. [AXT, Inc.](https://www.sectoralpha.in/us/stocks/axti) $3.1 billion · Semiconductor Equipment & Materials
3. Hercules Capital, Inc. $3.1 billion
4. [Constellium SE](https://www.sectoralpha.in/us/stocks/cstm) $3.1 billion · Aluminum
5. [BankUnited, Inc.](https://www.sectoralpha.in/us/stocks/bku) $3.1 billion · Banks - Regional

## What else do people ask about Hercules Capital? ### What were Hercules Capital's latest quarterly results? Hercules Capital, Inc. reported total income of $149 M and net profit of $129 M for the Jun 2026 quarter. Income rose 8.5% and profit rose 65.0% compared with a year earlier. Earnings per share were $0.67. The net margin was 86.5%, 29.6 percentage points higher than a year earlier (as of 3 November 2026). ### What is Hercules Capital's market cap? Hercules Capital, Inc.'s market capitalisation is $3.1 B at a stock price of $16.41. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Hercules Capital performing? Hercules Capital, Inc.'s share price has been stalling near its high for 14 weeks. In its latest quarter, income rose 8.5% and profit rose 65.0% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 2 weeks running (as of 3 November 2026). ### Will Hercules Capital's stock price go up? This page does not forecast Hercules Capital, Inc.'s stock price. What it shows instead: the stock price is $16.41, and it has been stalling near its high for 14 weeks. Its P/BV of 1.3× is higher than 23% of its own last 5 years (as of 3 November 2026). ### Where is Hercules Capital in its business cycle? Hercules Capital, Inc.'s FY25 net margin was 63.3%, against a 5-year range of 31.0% to 72.5%: the middle of its own range, neither a peak nor a low. The latest quarter was 86.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Hercules Capital story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Hercules Capital a stock worth studying right now? What the numbers show: Hercules Capital, Inc.'s earnings have grown faster than its share price. Earnings per share grew +15.2% in a year while the price moved −8.4%. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.