HTGC
Hercules Capital, Inc. Financial Services - Asset Management Investor Relations →
Hercules Capital, Inc. (HTGC) closed at $16.30 as of 2026-05-01, trading 14.7% above its 200-week moving average of $14.21. The stock moved further from the line this week, up from 9.4% last week. The 14-week RSI sits at 41, indicating neutral momentum.
Trading volume is running at 0.7x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.77 ratio) is neutral — neither side is clearly dominating.
Over the past 1042 weeks of data, HTGC has crossed below its 200-week moving average 13 times. On average, these episodes lasted 8 weeks. Historically, investors who bought HTGC at the start of these episodes saw an average one-year return of +28.3%.
With a market cap of $3.1 billion, HTGC is a mid-cap stock. The company generates a free cash flow yield of 8.0%, which is notably high. Return on equity stands at 16.2%, a solid level. The stock trades at 1.3x book value.
Share count has increased 37.3% over three years, indicating dilution.
Over the past 20 years, a hypothetical investment of $100 in HTGC would have grown to $1051, compared to $815 for the S&P 500. That represents an annualized return of 12.5% vs 11.1% for the index — confirming HTGC as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: HTGC vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After HTGC Crosses Below the Line?
Across 12 historical episodes, buying HTGC when it crossed below its 200-week moving average produced an average return of +37.4% after 12 months (median +32.0%), compared to +4.7% for the S&P 500 over the same periods. 73% of those episodes were profitable after one year. After 24 months, the average return was +64.8% vs +25.3% for the index.
Each line shows $100 invested at the moment HTGC crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
HTGC has crossed below its 200-week MA 13 times with an average 1-year return of +28.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Dec 2007 | Dec 2007 | 1 | 1.6% | -24.6% | +894.1% |
| Jan 2008 | Jan 2008 | 3 | 9.1% | -15.4% | +900.4% |
| Mar 2008 | Aug 2008 | 21 | 20.2% | -40.6% | +923.6% |
| Sep 2008 | Jun 2009 | 43 | 58.2% | +16.1% | +912.2% |
| Jul 2015 | Aug 2015 | 2 | 5.4% | +36.0% | +366.5% |
| Sep 2015 | Nov 2015 | 10 | 9.7% | +36.9% | +355.5% |
| Dec 2015 | Dec 2015 | 1 | 3.1% | +38.9% | +338.5% |
| Jan 2016 | Mar 2016 | 8 | 8.8% | +43.8% | +337.3% |
| Mar 2020 | May 2020 | 10 | 39.1% | +70.9% | +197.4% |
| Jun 2020 | Jul 2020 | 3 | 5.0% | +87.6% | +200.2% |
| Sep 2022 | Oct 2022 | 1 | 1.4% | +61.5% | +107.7% |
| Feb 2026 | Mar 2026 | 1 | 1.4% | N/A | +18.4% |
| Mar 2026 | Mar 2026 | 1 | 1.1% | N/A | +17.4% |
| Average | 8 | — | +28.3% | — |
Frequently Asked Questions
Is HTGC below its 200-week moving average?
No. Hercules Capital, Inc. (HTGC) is currently 14.7% above its 200-week moving average of $14.21. It would need to fall to $14.21 to cross below the line.
What is HTGC's 200-week moving average price?
Hercules Capital, Inc.'s 200-week moving average is $14.21 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when HTGC drops below its 200-week moving average?
HTGC has crossed below its 200-week moving average 13 times in our data. On average, buying at that moment produced a one-year return of +28.3%. These dips have historically been decent entry points. These episodes lasted 8 weeks on average.
Is HTGC a good value right now?
Here's what our data says about HTGC as of 2026-05-01: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 41. Free cash flow yield is 8.0%. Return on equity is 16.2%. Price-to-book is 1.3x. This is not a buy or sell recommendation — always do your own research.
How does HTGC compare to the S&P 500?
Over the past 20 years, $100 invested in HTGC would have grown to $1051, compared to $815 for the S&P 500. That's 12.5% annualized vs 11.1% for the index. HTGC has outperformed the broader market over this period.
Does HTGC pay a dividend?
Yes. Hercules Capital, Inc. currently pays a dividend yield of 1153.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-01