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Hercules Capital Inc Stock Price, News & Analysis

HCXY NYSE

Welcome to our dedicated page for Hercules Capital news (Ticker: HCXY), a resource for investors and traders seeking the latest updates and insights on Hercules Capital stock.

Hercules Capital, Inc. 6.25% Notes due 2033 (NYSE: HCXY) are exchange-listed debt securities of Hercules Capital, Inc., a specialty finance company focused on senior secured venture growth loans. The news flow associated with HCXY is closely tied to Hercules Capital’s broader corporate announcements, earnings results, capital markets activity, and rating updates, because the notes reflect the credit profile and funding strategy of the issuer.

On this page, readers can follow news items where Hercules Capital references its 6.25% Notes due 2033 alongside its common stock. The company’s press releases often discuss quarterly financial results, cash distributions on its common stock, leverage and liquidity metrics, and changes in investment grade credit ratings from agencies such as Moody’s Investors Service and Kroll Bond Rating Agency. These developments are relevant for HCXY holders because they provide insight into the financial condition and risk profile of the issuer behind the notes.

Hercules Capital’s news also covers topics such as the launch and growth of adviser-managed private credit funds through its wholly owned subsidiary Hercules Adviser LLC, assets under management across the Hercules platform, and its role as a provider of senior secured venture growth loans to high-growth, innovative venture capital-backed companies in technology and life sciences industries. While these announcements are not specific to HCXY alone, they help frame the operating environment and capital structure in which the 6.25% Notes due 2033 exist.

Investors and researchers can use the HCXY news feed to monitor how Hercules Capital describes its business performance, capital raising activities, and rating actions over time, all of which can inform views on the issuer’s ability to meet its obligations under the 6.25% Notes due 2033.

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Hercules Capital (NYSE: HTGC), the largest specialty financing provider to innovative venture and growth companies, has scheduled its second quarter 2025 financial results announcement for July 31, 2025.

The company will release its Q2 2025 results after market close, followed by a conference call at 2:00 p.m. PT (5:00 p.m. ET). Investors can join via phone or webcast through the company's investor relations website at investor.htgc.com. Domestic callers should dial +1 (800) 225-9448, while international callers can use +1 (203) 518-9708.

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Hercules Capital (NYSE:HTGC), the largest specialty financing provider to innovative venture and growth stage companies, announced that Fitch Ratings has affirmed its BBB- investment grade corporate and unsecured credit rating with a stable outlook.

The rating affirmation reflects several key strengths of Hercules Capital, including its first-lien focused investment portfolio, proven credit track record, broad industry relationships, consistent operating performance, and strong funding flexibility. The company's above-average asset coverage cushion and experienced management team were also cited as contributing factors.

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Hercules Capital (NYSE: HTGC) has successfully closed an upsized public offering of $350.0 million in 6.000% unsecured notes due June 2030. The notes received initial ratings of Baa3 from Moody's and BBB- from Fitch. The notes will pay interest semiannually and can be redeemed at the company's discretion with a potential make-whole premium. The proceeds will be used to repay existing secured debt. Goldman Sachs and SMBC Nikko Securities led the offering as joint book-running managers, with several other firms acting as co-managers.
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Hercules Capital (NYSE: HTGC) has priced an upsized public offering of $350.0 million in 6.000% notes due June 2030. The unsecured notes will pay interest semiannually and mature on June 16, 2030, with an option for early redemption at par plus a potential make-whole premium. The offering is expected to close on June 16, 2025, with proceeds intended to repay existing secured debt. Goldman Sachs & Co. LLC and SMBC Nikko Securities America are serving as joint book-running managers, with several other firms acting as co-managers. The notes are being offered through a prospectus supplement and accompanying prospectus, with proper regulatory filings made with the SEC.
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Hercules Capital (NYSE: HTGC) has announced its 2025 Annual Meeting of Stockholders, scheduled for Wednesday, June 18, 2025, at 9:00 a.m. Eastern Time. The meeting will be held virtually via the internet. Stockholders of record as of April 17, 2025, will vote on four key matters: election of three directors, advisory vote on executive compensation, authorization for below-NAV share issuance, and ratification of the independent public accounting firm. The proxy statement was filed on April 24, 2025, and has been mailed to eligible stockholders.

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Hercules Capital (NYSE: HTGC) reported strong Q1 2025 financial results, with total gross debt and equity commitments of $1.02 billion and gross fundings of $539.1 million. The company achieved total investment income of $119.5 million and net investment income (NII) of $77.5 million ($0.45 per share), providing 113% coverage of base cash distribution. Notable achievements include a credit rating upgrade to BBB (high) from Morningstar DBRS and completion of a $287.5 million convertible notes offering. The company maintains a conservative balance sheet with net GAAP leverage of 97.4% and manages over $5.0 billion in assets, representing an 11% year-over-year increase. Hercules reported substantial liquidity of over $1.0 billion and an undistributed earnings spillover of $159.6 million ($0.92 per share).
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Hercules Capital (NYSE: HTGC) has announced a total cash distribution of $0.47 per share for Q1 2025, consisting of a $0.40 base distribution and a $0.07 supplemental distribution.

Key distribution dates include:

  • Record Date: May 13, 2025
  • Payment Date: May 20, 2025

The company maintains a variable distribution policy targeting 90-100% distribution of quarterly taxable income. For Q1 2025, 100% of distributions came from current earnings and profits. Additionally, 79.97% of distributions qualify as Qualified Interest Income (QII), which may be exempt from U.S. withholding tax for foreign accounts.

As the largest specialty finance provider to venture-backed companies, Hercules Capital's Board can opt to pay supplemental distributions to distribute annual taxable income or carry it forward for future payments.

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Hercules Capital (NYSE: HTGC), the largest specialty financing provider to innovative venture and growth companies, has announced its upcoming first quarter 2025 financial results release and conference call.

The company will host the conference call on Thursday, May 1, 2025, at 2:00 p.m. PT (5:00 p.m. ET), following the release of financial results after market close on the same day.

Participants can register for telephone access, and a live webcast will be available on the investor relations section at investor.htgc.com. The webcast replay will remain accessible for at least 30 days after the call.

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Hercules Capital (NYSE: HTGC), the leading specialty financing provider to innovative venture and growth companies, has received a significant credit rating upgrade from Fitch Ratings. The firm's senior secured debt rating has been elevated to BBB from BBB-, while maintaining its BBB- issuer default rating and unsecured debt ratings.

According to Fitch, the upgrade reflects Hercules' strong recovery prospects in stress scenarios, supported by its funding mix and asset coverage. Seth Meyer, CFO of Hercules, highlighted that the rating upgrade demonstrates the company's scale and quality of their differentiated venture lending business model, along with their consistent ability to deliver shareholder returns across various market cycles.

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FAQ

What is the current stock price of Hercules Capital (HCXY)?

The current stock price of Hercules Capital (HCXY) is $24.86 as of April 29, 2026.