Key Highlights:
- Hercules Capital is maintaining a strong dividend yield of 10.47% with its latest announcement.
- Analysts predict a potential 17.13% upside in the stock price with a target of $21.19.
- GuruFocus values HTGC at $25.94, forecasting a 43.4% upside from current levels.
Hercules Capital (HTGC) continues to entice income-focused investors with its latest dividend declarations. The firm has announced a quarterly payout of $0.40 per share, supplemented by an additional $0.07 dividend, which is consistent with previous distributions. This results in a compelling forward yield of 10.47%, providing substantial income potential for investors. The ex-dividend date is set for May 13, and dividends will be disbursed on May 20.
Wall Street Projections for Hercules Capital
Delving into analyst forecasts, the outlook for Hercules Capital appears promising. Based on evaluations from eight analysts, the average one-year price target stands at $21.19. This suggests an anticipated upside of 17.13% relative to the current trading price of $18.09. The spectrum of analyst estimates ranges from a high of $25.00 to a low of $18.00. Investors looking for more detailed insights can visit the Hercules Capital Inc (HTGC, Financial) Forecast page on GuruFocus.
The recommendation consensus among eight brokerage firms classifies Hercules Capital with an average recommendation of 2.3, tipping into the "Outperform" category. The scale used spans from 1 to 5, where 1 denotes a Strong Buy and 5 signifies a Sell.
GuruFocus Valuation Insights
According to GuruFocus' GF Value estimation, Hercules Capital is projected to reach a value of $25.94 within a year. This valuation represents a significant potential upside of 43.4% from the current market price of $18.0887. The GF Value reflects GuruFocus' proprietary calculation of the stock's fair trading value, derived from historical trading multiples, past growth patterns, and future business performance projections. For more comprehensive valuation data, access the Hercules Capital Inc (HTGC, Financial) Summary page.
