Hercules Capital Falls 1.18% as Major Indexes Advance

Hercules Capital shares fell 1.18% to $16.74 in the latest session, while major U.S. indexes advanced. The S&P 500 gained 0.73%, the Dow rose 0.49% and the Nasdaq added 1.19%.

The stock has lost 4.4% over the past month, according to Zacks Equity Research. Over the same period, the Finance sector fell 4.15%, while the S&P 500 gained 0.55%.

Investors are awaiting Hercules Capital’s upcoming financial results. Zacks consensus estimates call for earnings of $0.49 per share, unchanged from the year-earlier quarter, and revenue of $142.2 million, up 2.98%.

For the full year, Zacks estimates earnings of $1.95 per share and revenue of $578.1 million. Those figures would represent increases of 2.09% and 8.56%, respectively, from the previous year.

The consensus earnings estimate has not changed in the past 30 days, Zacks said. The shares trade at a forward price-to-earnings ratio of 8.69, compared with 7.49 for the industry, according to the article.