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Tuesday, December 5, 2023

There Is A Quest For Clarity Surrounding Hercules Capital Inc (NYSE: HTGC) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Hercules Capital Inc (HTGC) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.06%, to $16.11. The Hercules Capital Inc has recorded 22,515 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Hercules Capital Reports Third Quarter 2023 Financial Results.

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Stocks Info

This NYSE-listed company operates within the Asset Management industry segment, falling under the Financial sector. At the end of the last regular session, the stock closed at $16.10 and fluctuated between $16.25 as its day high and $15.98 as its day low. The current market capitalization of Hercules Capital Inc is $2.43B. A total of 1.11 million shares were traded on the day, compared to an average of 973.34K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, HTGC has seen 15 BUY and 3 SELL insider trades, representing the acquisition of 31,912 and the disposition of 4,737 shares. Over the last 12 months, there were 56 BUYs and 43 SELLs from insiders. Insiders purchased 2,450,926 shares during that period but sold 2,758,321.

In the most recent transaction, Follmann Christian bought 455 shares of HTGC for 13.73 per share on May 24. After the transaction, the Chief Operating Officer now owns 72,634 company shares. In a previous transaction on May 24, Follmann Christian sold 455 shares at 13.72 per share. HTGC shares that Chief Operating Officer owns now total 72,179.

Among the insiders who bought shares, CROWELL GAYLE A acquired of 7,200 shares on May 08 at a per-share price of $13.66. This resulted in the Director holding 38,845 shares of HTGC after the transaction. In another insider transaction, Loo Wade bought 4,000 shares at $11.95 per share on Mar 17. Company shares held by the Director now total 8,059.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Hercules Capital Inc pays an annual dividend of $1.59, resulting in a dividend yield of 9.86%, and it has a price to earnings (P/E) ratio of 7.26. HTGC’s most recent ex-dividend date was 11/14/2023 when it declared a $0.48 quarterly dividend that was paid in cash on 11/22/2023. Previously, the company paid the dividend on 8/25/2023 with an ex-dividend date of 8/17/2023. The HTGC stock dividend was $0.48 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for HTGC in the last 3 months, the mean price target is $17.63 with high estimates of $20.00 and low estimates of $15.00. In terms of 52-week highs and lows, HTGC has a high of $17.97 and a low of $10.82.

As of this writing, HTGC has an earnings estimate of $0.49 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.51 per share and a lower estimate of $0.44. The company reported an EPS of $0.48 in the last quarter, which was 4.30% higher than expectations of $0.46.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. Its Book Value Per Share was $10.96, while its Total Shareholder’s Equity was $1.31B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HTGC is Buy with a score of 4.50.

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