Ladies and gentlemen, thank you for standing by, and welcome to the Hercules Capital Q1 2020 earnings conference call. Hercules focuses on the financial SaaS sector, life sciences, and technology, and to date has committed some $10 billion to its portfolio.Hercules ended 2019 with a solid cash position, having $235.5 million in liquid assets available, a sum that included $64.4 million in unrestricted cash. How Does HTGC Work?So how exactly does it work? Savvy investors know this, and always seek ways to ensure their income stream. ... Ares Capital (ARCC) Stock Gains 1.5% on Q3 Earnings Beat. Compass Diversified is an investment holding company under the Investment Company Act of 1940, and as such, it again avoids general corporate income taxes. 7 Upcoming IPOs to Watch Heading Into 2021 © 2020 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Hercules Capital's mailing address is 400 HAMILTON AVE SUITE 310, PALO ALTO CA, 94301. ... Hercules Capital … And this appreciation has continued through to today. Q2, however, saw a decline. A high-level overview of Hercules Capital, Inc. (HTGC) stock. by investing in the right dividend stocks that are in distinct industries and markets, beginner investors will learn more about how business works. The Bottom Line on HTGC Stock Hercules distributes dividends both in … Stock analysis for Hercules Capital Inc (HTGC:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Hercules Capital pays out 90.78% of its earnings out as a dividend. About Neil George: Based on aggregate information from My MarketBeat watchlists, some companies that other Hercules Capital investors own include AT&T (T), New Residential Investment (NRZ), Energy Transfer (ET), Ares Capital (ARCC), Main Street Capital (MAIN), Prospect Capital (PSEC), Enterprise Products Partners (EPD), Verizon Communications (VZ), Annaly Capital Management (NLY) and Pfizer (PFE). The financial services provider reported $0.34 EPS for the quarter, beating the Zacks' consensus estimate of $0.32 by $0.02. This REIT holds a portfolio of mortgage-based assets rather than direct property ownership. Even still, at recent market prices, Hercules Capital trades at about 1.2 times book value, making it one of the most highly valued BDCs on the market. Supporting his thesis that the current rally is a temporary ‘bear market rally,’ Jolley says, “…central banks can’t stop the weakness we’re seeing in growth, they can’t stop the severe earnings decline that we still are going to get and they can’t stop corporate bond defaults.”If he’s right, then we are going to see a messy earnings season over the next few weeks. My pick here is Kinder Morgan. Sixth Street Specialty Lending (NYSE:TSLX) in commitments. Since then, HTGC shares have increased by 13.7% and is now trading at $13.87. Take for example the performance of the S&P 500 over the trailing 20 years.The index gained in price by 104%, but with dividends the return swells to 201.4% which is nearly double the price movement alone.Source: Chart from Bloomberg S&P 500 Total Return That's a big premium over just investing for price growth. And the stock trades at a discount to trailing sales by 20%. We check hedge fund and billionaire investor sentiment before delving into hours of research. Learn more. In this article we will take a look at whether hedge funds think Hercules Capital Inc (NYSE:HTGC) is a good investment right now. The stock isn’t just about the dividend, as the price has also reflected the growth in the value of the company. And it also is very efficient on costs with an efficiency ratio of 14.90% which means that it only costs 14.9 cents to make each dollar in revenue. Ares grew its dividend slowly over the past three years, usually by maintaining the regular payment and sending out special payments when possible. Payout ratios above 75% are not desirable because they may not be sustainable. * 7 Bank Stocks to Watch as Earnings Season Heats Up The total return of this defensive utility is impressive over the past five years, running at 159.9% for an average annual equivalent return of 21%. And currently, it works with companies including FanDuel in the increasingly popular sports gaming market. Receive a free world-class investing education from MarketBeat. And this isn't just a flash in the pan for shareholders in this company. Only 3.30% of the stock of Hercules Capital is held by insiders. Hercules Tech (HTGC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Like for Hercules, it has ample net interest margin (the difference between financial costs and revenue running at 9.9%. This site provides links to other third-party internet sites, which are identified, indexed and compiled through an automated process with no advance review by Stash. Hercules Tech (HTGC) delivered earnings and revenue surprises of -3.03% and -1.98%, respectively, for the quarter ended June 2020. Tech is one of the better forward-looking segments -- even through the novel coronavirus. On the date of publication, Neil George did not hold (either directly or indirectly) any positions in the securities mentioned in this article.  Hercules Capital (HTGC) records a rise in revenues and higher expenses in the third quarter of 2020. On CNBC's "Mad Money Lightning Round," Jim Cramer said that Hercules Capital Inc (NYSE: HTGC) is like a venture fund, but we don't know what it owns.Cramer is not a buyer of Caleres Inc (NYSE: CAL). The price-book is only 1.04 times. Quarterly EPS in both Q4 and Q1 were from Q3 2019, an impressive feat during a period when most companies were seeing sharp drops sequentially. And those dividends worked to cushion returns during bear markets over those same 20 years. We enthusiastically supported this strategy… ARCC is unquestionably a blue chip BDC, with a best in class management team.”In line with this view, Alexander puts a $13 price target on ARCC, suggesting room for a 15% upside potential in the coming year. For example, it has a very special team in Washington, D.C. We take a look at earnings estimates for some clues. The Strong Buy analyst consensus on Hercules is based on 6 to 1 Buy/Hold split among the reviews. (To watch DeLaney’s track record, click here)Cherry Hill is another company with a unanimous Strong Buy analyst consensus rating, this one based on 3 recent reviews. Hercules Capital has only been the subject of 2 research reports in the past 90 days. And they are in varied segments ranging from industrial and consumer products, technology, utilities, real estate investment trusts (REITs) and the energy market. AllianceBernstein is an asset management company that is set up as a passthrough. He wants to go with the rally.See more from Benzinga * Cramer Shares His Thoughts On DraftKings, Wells Fargo And More * Cramer Gives His Opinion On Chipotle, Clorox And More(C) 2020 Benzinga.com. The official website for Hercules Capital is www.htgc.com. The firm formerly known as Hercules Technology Growth Capital, Inc. Hercules Capital, Inc. was founded in December 2003 and is based in Palo Alto, California with additional offices in Hartford, Connecticut; Boston, Massachusetts; Elmhurst, Illinois; Santa Monica, California; McLean, Virginia; New York, New York; Radnor, Pennsylvania; and Washington, District of Columbia. View Hercules Capital's dividend history. View which stocks have been most impacted by … It currently yields 9.5%.And yes, the stock did selloff in March with the dash for cash. Managing Director of Investor Relations & Corp. 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IPO and M&A exits. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 Shares are selling for $8.70, and the average price target, at $12.86, suggests that there is room for 48% share appreciation over the next year. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Hercules Capital's stock was trading at $12.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). (See HTGC stock analysis on TipRanks)Global Net Lease (GNL)Next up, Global Net Lease, is a real estate investment trust. The firm has structured debt with warrants which typically have maturities of between two and seven years with an average of three years; senior debt with an investment horizon of less than three years; equipment loans with an investment horizon ranging from three to four years; and equity related securities with an investment horizon ranging from three to seven years. Good afternoon, everyone, and welcome to Hercules conference call for the third quarter of 2020. As the editor of Profitable Investing, Neil George helps long-term investors achieve their growth & income goals with less risk. I know this, as I began to learn as a small child. Hercules … CHMI’s portfolio includes heavy investments in mortgage service rights and mortgage-backed securities.Through the first quarter, Cherry Hill beat the forecasts on earnings. And it is a good value. Ladies and gentlemen, thank you for standing by, and welcome to the Hercules Capital third-quarter 2020 earnings conference call. And while the S&P 500 is still in the red by 3.1%, it's way, way better than that huge plunge resulting in a loss of 33.8%.But what really performed in the second quarter was the technology sector stocks. (To watch Hayes’ track record, click here)Wall Street clearly agrees with Hayes – Hercules has a unanimous Strong Buy analyst consensus rating, based on 9 analyst reviews. A dividend yield won’t be worth much to anything on dividend stocks that are lagging or tanking. Only 26.80% of the stock of Hercules Capital is held by institutions. Why Shares of Hercules Capital Plunged on Tuesday Jordan Wathen | Mar 12, 2019 The company’s founder, chairman, and CEO was named in a college admissions bribery scandal. Get prepared with the key expectations. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Hercules Capital, Inc., also called Hercules Capital, is a business development company. I started by learning the basics of how companies issue stock, and how stocks are then bought and sold on the exchanges. Hercules Capital, Inc. is a business development company. And it also has strategic offices around the country which help it connect to other customers and financial partners. NextEra Energy (NEE)Source: Chart from Bloomberg NextEra Energy Total ReturnDividend Yield: 2.4%Next is one of the most impressive of U.S. power utility provides -- NextEra Energy. Hercules Capital has received 432 “outperform” votes. This is a holding company which owns a collection of industrial and consumer products companies which it buys, owns and sometimes sells. He likes the stock.Cramer prefers Constellation Brands, Inc. (NYSE: STZ) over Anheuser Busch Inbev NV (NYSE: BUD).Instead of Nio Inc - ADR (NYSE: NIO), Cramer would buy Tesla Inc (NASDAQ: TSLA).Noble Energy, Inc. (NASDAQ: NBL) is a good company and it has some good assets, but it is an oil company, said Cramer. Hercules Capital employs 77 workers across the globe. Get Hercules Capital Inc (HTGC:NYSE) real-time stock quotes, news and financial information from CNBC. REITs are typically dividend champs, due to tax code provisions requiring them to return a high percentage of earnings directly to investors. The stock performs with a return over the past five years of 83.78% for an annual equivalent of 12.93%. As a former banker and bond guy — I have always been about balance sheets as just as important as income statements. That brings the annual dividend to a whopping 13.7%.But what really makes for a compelling buy is that the stock is so cheap -- even with the big return over the past quarter. Its portfolio generates high income from finance and equity gains from transactions. It prefers to invest in technology, energy technology, sustainable and renewable technology, and life sciences. Do Not Sell My Information. Get the latest Hercules Capital, Inc. (HTGC) stock news and headlines to help you in your trading and investing decisions. So, my choices were more about what to buy and own. This fuels dependable revenue from fee income. (See Ares Capital stock analysis on TipRanks)MGM Growth Properties (MGP)Next on our list is a real estate investment trust, a niche that frequently appears in any review of defensive dividend plays. Hercules Capital's stock was trading at $12.20 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Neil George's pick for the contest is Hercules Capital (NYSE:HTGC).The second quarter of 2020 had one of the best returns for the U.S. stock market since 1998. Compass Diversified (CODI) The stock is only valued at 1.9 times its underlying book value of all of those dependable government-leased properties.Neil George was once an all-star bond trader, but now he works morning and night to steer readers away from traps -- and into safe, top-performing income investments. To MarketBeat Daily Premium to view Fair Value for HTGC and its competitors with MarketBeat 's winning trading,! 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