Hercules Technology Growth Capital, Inc. (HTGC) news stock charts
Hercules Technology Growth Capital, Inc. (HTGC) Investment Summary:
We are a specialty finance company that provides debt and equity growth capital to technology-related and life-science companies at all stages of development from seed and emerging growth to expansion and established stages of development, including select publicly listed companies and lower middle market companies. We primarily finance privately-held companies backed by leading venture capital and private equity firms and also may finance certain select publicly-traded companies that lack access to public capital or are sensitive to equity ownership dilution as well as lower middle market companies. We source our investments through our principal office located in Silicon Valley, as well as our additional offices in the Boston, Boulder, Chicago, Columbus, and San Diego areas. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f12%2f0001193125-08-054268.html#FIS_BUSINESS"HERCULES TECHNOLOGY GROWTH (HTGC:NASDAQ)
Snapshot of HERCULES TECHNOLOGY GROWTH (HTGC)
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OPEN
$10.70
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PREVIOUS CLOSE
$10.62
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DAY HIGH
$10.70
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DAY LOW
$10.26
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52 WEEK HIGH
01/11/10 - $11.31
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52 WEEK LOW
03/20/09 - $4.15
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MARKET CAP
335.7M
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AVERAGE VOLUME 10 D
210.5K
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EPS TTM
$1.24
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SHARES OUTSTANDING
31.7M
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EX-DATE
02/17/10
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P/E TTM
8.5x
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DIVIDEND
$0.80
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DIVIDEND YIELD
10.76%
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| K = Thousands M = Millions B = Billions | ||
related news
Its purchase of Sling Media gives it a competitive edge—and could raise the ire of companies with lucrative TV subscriber revenue
Key developments for HERCULES TECHNOLOGY GROWTH (HTGC)
Hercules Technology Growth Capital, Inc. entered into a one-year revolving secured credit facility with total commitments of $20 million, with Union Bank, N.A., as a lender and as agent. The revolving credit facility will expire on May 1, 2011. Borrowings under the credit facility will generally bear interest at a rate per annum equal to LIBOR plus 2.25% with a floor of 4.00%. The credit facility requires the payment of a non-use fee of 0.25% annually, and has an advance rate equal to 50% of eligible loans placed in the collateral pool. The credit facility generally requires payment of interest on a monthly basis. All outstanding principal is due upon maturity. The company has various financial and operating covenants required by the credit facility. These covenants require the Company to maintain certain financial ratios and a minimum tangible net worth. The credit facility provides for customary events of default, including, but not limited to, payment defaults, breech of representations or covenants, bankruptcy events and change of control.
Hercules Technology Growth Capital, Inc. Presents at Cleantech Forum XXVI, Feb-25-2010. Venue: San Francisco, California, United States. Speakers: Todd Jaquez-Fissori, Managing Director.
Hercules Technology Growth Capital, Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2009. For the quarter, the company reported total investment income of $16,666,000 compared to $21,963,000 for the same period a year ago. Net investment income before investment gains and losses was $9,377,000 or $0.26 diluted per share compared to $11,015,000 or $0.34 diluted per share for the same period a year ago. Net realized and unrealized loss was $918,000 compared to $918,000 for the same period a year ago. Net increase in net assets resulting from operations was $8,459,000 compared to net decrease in net assets resulting from operations of $10,939,000 for the same period a year ago. For the nine months, the company reported total investment income was $74,277,000 compared to $75,835,000 for the same period a year ago. Net investment income before investment gains and losses was $43,104,000 or $1.23 diluted per share compared to $39,981,000 or $1.23 diluted per share for the same period a year ago. Net realized and unrealized loss was $29,532,000 compared to $18,986,000 for the same period a year ago. Net increase in net assets resulting from operations was $13,572,000 compared to $20,995,000 for the same period a year ago. The Board of Directors also declared a cash dividend of $0.20 per share for the first quarter that will be payable on March 19, 2010, to shareholders of record as of February 19, 2010.
Hercules Technology Growth Capital, Inc. financial resources
HTGC Competitors
| Company | Last | Change |
| Ares Capital Corp | $13.51 USD | -0.36 |
| MVC Capital Inc | $13.77 USD | -0.01 |
| NGP Capital Resources Co | $8.45 USD | -0.43 |
| TICC Capital Corp | $6.78 USD | -0.17 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | HTGC | Industry Range |
| Price/Earnings | 28.4x |
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| Price/Sales | 5.0x |
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| Price/Book | 1.0x |
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| Price/Cash Flow | 27.9x |
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| TEV/Sales | 1.7x |
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HTGC |
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HTGC transactions
| Type Date |
Target |
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Buyback
February 11, 2010 |
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Merger/Acquisition
December 10, 2009 |
Spa Chakra, Inc. |
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Bankruptcy
October 19, 2009 |
Serious USA, Inc. |
More Recent Financial News About Hercules Technology Growth Capital, Inc.
Hercules Technology Growth Capital Announces Additional New Commitments of Over $52 Million to New and Existing Portfolio Companies
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Hercules Technology Growth Capital Announces the Successful Acquisition of Spa Chakra, Inc.
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HERCULES TECHNOLOGY GROWTH CAPITAL INC Files SEC form 10-K, Annual Report
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Hercules Technology Growth Capital Commits $25 Million to Velocity Technology Solutions
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Hercules Technology Growth Capital Provides an Additional $3.0 Million of Capital to InfoLogix, Inc. to Launch New Products Roll-Out and Fund New Growth
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Hercules Technology Growth Capital Commits $25 Million to Velocity Technology Solutions
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Hercules Technology Growth Capital Provides an Additional $3.0 Million of Capital to InfoLogix, Inc. to Launch New Products Roll-Out and Fund New Growth
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InfoLogix, Hercules restructure loan agreement
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HERCULES TECHNOLOGY GROWTH CAPITAL INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a
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Hercules Technology Growth Capital to Announce Fourth Quarter and Fiscal Year 2009 Financial Results and Quarterly Dividend
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Hercules Technology Growth Capital Announces Net Investment Income EPS of $0.27 and Fiscal Year 2009 Financial Results
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Hercules Technology Growth Capital Announces Its Eighteenth Consecutive Quarterly Dividend of $0.20 per Share
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Hercules Technology Growth Capital Announces Renewed and Increased $35 Million Share Repurchase Program
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YRC Worldwide, Senomyx: Early Volume Plays
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Hercules Technology Growth Capital Announces Net Investment Income EPS of $0.27 and Fiscal Year 2009 Financial Results
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Hercules Technology Growth Capital Announces Renewed and Increased $35 Million Share Repurchase Program
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HERCULES TECHNOLOGY GROWTH CAPITAL INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial S
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Hercules Technology Growth Capital Announces Its Eighteenth Consecutive Quarterly Dividend of $0.20 per Share
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Hercules Technology Growth Capital Q4 investment income dips to $9.4M
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HERCULES TECHNOLOGY GROWTH CAPITAL INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
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