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Hercules Capital Inc - HTGC STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hercules Capital's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hercules Capital's position in the market.

News
Hercules Capital Announces Date for Release of First Quarter 2024 Financial Results and Conference Call
Rhea-AI Summary
Hercules Capital, Inc. (NYSE: HTGC) has announced the date for the release of its first quarter 2024 financial results and conference call. The call is scheduled for Thursday, May 2, 2024, at 2:00 p.m. PT (5:00 p.m. ET), with financial results being released after market close on the same day.
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Hercules Capital Receives BBB- Affirmed Investment Grade Credit and Corporate Rating from Fitch Ratings, Inc.
Rhea-AI Summary
Hercules Capital, Inc. (HTGC) receives a BBB- investment grade credit and corporate rating affirmation from Fitch Ratings, Inc. The rating reflects the company's strong operational excellence, diversified lending model, and consistent performance.
Rhea-AI Impact
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End-of-Day
0.08%
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Hercules Capital Receives Confirmed BBB Investment Grade Rating with Revised Outlook to Positive from Morningstar DBRS
Rhea-AI Summary
Hercules Capital, Inc. (HTGC) receives a BBB investment grade credit and corporate rating from Morningstar DBRS, with a trend revision to Positive. The rating reflects the company's strong franchise in VC financing, solid credit performance, and diversified funding profile.
Rhea-AI Impact
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End-of-Day
0.16%
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News
bluebird bio Secures up to $175 Million Debt Financing with Hercules Capital
Rhea-AI Summary
bluebird bio secures a $175 million term loan facility with Hercules Capital, extending its cash runway for up to 24 months. The company draws the first tranche of $75 million with the potential to access an additional $50 million based on commercial milestones. This funding aims to support the commercial launches of its FDA-approved gene therapies.
Rhea-AI Impact
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End-of-Day
1.41%
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Hercules Capital Announces Upcoming Event for the Financial Community
Rhea-AI Summary
Hercules Capital, Inc. (NYSE: HTGC) announces participation at UBS Financial Services Conference 2024, offering opportunities for financial community engagement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
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Hercules Capital Reports Fourth Quarter and Full-Year 2023 Financial Results
Rhea-AI Summary
Hercules Capital, Inc. (NYSE: HTGC) reported a strong financial performance for Q4 2023 and full-year 2023 with record total investment income, net investment income, and gross fundings. The company also announced a supplemental cash distribution for 2024 and had over $1.0 billion of available liquidity. With approximately $4.2 billion of assets under management, Hercules showed a significant increase year-over-year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.92%
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earnings
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Hercules Capital Declares a Total Cash Distribution of $0.48 per Share for the Fourth Quarter 2023
Rhea-AI Summary
Hercules Capital, Inc. (HTGC) declares a total cash distribution of $0.48 per share for the fourth quarter of 2023, consisting of a base distribution of $0.40 per share and a new supplemental distribution of $0.08 per share. The company's Board of Directors aims to distribute 90% to 100% of its taxable quarterly income or potential annual income for the year. The distribution payment dates are set for February 28, 2024, and March 6, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
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earnings
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Hercules Capital Announces New Supplemental Cash Distribution of $0.32 per Share
Rhea-AI Summary
Hercules Capital, Inc. (HTGC) announces a new supplemental cash distribution of $0.32 per share to be distributed over four quarters, starting with $0.08 per share for the fourth quarter of 2023. This is in addition to the regular quarterly cash distribution of $0.40 per share. The company's Board of Directors aims to distribute 90-100% of taxable income quarterly.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
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Hercules Capital Announces Date for Release of Fourth Quarter and Full-Year 2023 Financial Results and Conference Call
Rhea-AI Summary
Hercules Capital, Inc. (NYSE: HTGC) has announced the schedule for its fourth quarter and full-year 2023 financial results conference call on February 15, 2024. The call will be available via telephone and live webcast, with an archived webcast replay available for at least 30 days. Investors and stakeholders can register to participate in the call and access the necessary details.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
earnings
News
enGene Announces Expanded $50 Million Debt Facility with Hercules Capital
Rhea-AI Summary
enGene Holdings Inc. (ENGN) secures a $50 million loan agreement with Hercules Capital, Inc. (HTGC) to support the development of their lead EG-70 program for BCG-unresponsive non-muscle invasive bladder cancer. The loan has a term of four years, with $22.5 million already advanced and up to a further $27.5 million available based on clinical and financial milestones. The capital will extend the company's cash runway and support operations beyond the anticipated EG-70 interim data readout.
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Stock HTGC logo
Hercules Capital Inc

NYSE:HTGC

HTGC Rankings

#1551 Ranked by Market Cap
#1771 Ranked by Stock Gains
#1530 Ranked by Dividends

HTGC Stock Data

2.88B
143.98M
1.88%
26.91%
3.52%
Securities and Commodity Exchanges
Finance and Insurance
Link
US
Palo Alto

About HTGC

hercules technology growth capital, inc. (nyse: htgc) ("hercules") is the leading specialty finance company focused on providing senior secured loans to venture capital-backed companies in technology-related markets, including technology, biotechnology, life science, and energy & renewable technology industries, at all stages of development. since inception (december 2003), hercules has committed more than $4.6 billion to over 300 companies and is the lender of choice for entrepreneurs and venture capital firms seeking growth capital financing. at hercules, we provide venture debt to entrepreneurial companies at all stages of development to further their growth and help them achieve key milestones. in addition to the capital we provide, many times the access to our network of contacts and simple business advice can prove to be equally as valuable. we understand the importance of these intangibles because we, like the companies which choose hercules, also come from an entrepreneur