B. Riley Lifts Earnings Estimates for Gladstone Investment

Key Points

• B. Riley has raised its FY2026 earnings per share estimate for Gladstone Investment to $0.92, up from a previous estimate of $0.90, while maintaining a "Hold" rating on the stock.
• The company reported a quarterly earnings of $0.24 per share, surpassing the consensus estimate of $0.23, despite revenue falling short of expectations at $23.54 million.
• Gladstone Investment declared a dividend of $0.08 per share recently, reflecting a significant yield of 681.0% with a dividend payout ratio of 44.24%.

Gladstone Investment Corporation (NASDAQ:GAIN - Free Report) - Research analysts at B. Riley upped their FY2026 earnings per share estimates for shares of Gladstone Investment in a research note issued on Wednesday, August 13th. B. Riley analyst S. Adams now forecasts that the investment management company will earn $0.92 per share for the year, up from their previous estimate of $0.90. B. Riley currently has a "Hold" rating on the stock. The consensus estimate for Gladstone Investment's current full-year earnings is $0.96 per share.

Other equities research analysts also recently issued research reports about the company. LADENBURG THALM/SH SH reaffirmed a "neutral" rating on shares of Gladstone Investment in a report on Wednesday, May 14th. Citigroup downgraded Gladstone Investment to a "neutral" rating in a report on Wednesday, May 14th.

Gladstone Investment Trading Down 0.9%

NASDAQ GAIN opened at $14.33 on Monday. The company has a market cap of $547.68 million, a PE ratio of 6.60 and a beta of 0.92. Gladstone Investment has a 12 month low of $11.42 and a 12 month high of $15.34. The stock has a 50 day moving average of $14.11 and a 200-day moving average of $13.86.

Gladstone Investment (NASDAQ:GAIN - Get Free Report) last released its quarterly earnings data on Tuesday, August 12th. The investment management company reported $0.24 EPS for the quarter, beating the consensus estimate of $0.23 by $0.01. The company had revenue of $23.54 million during the quarter, compared to the consensus estimate of $23.87 million. Gladstone Investment had a return on equity of 7.33% and a net margin of 83.78%.

Institutional Investors Weigh In On Gladstone Investment

Several hedge funds have recently added to or reduced their stakes in the business. Cornerstone Wealth Management LLC increased its position in Gladstone Investment by 15.6% during the 1st quarter. Cornerstone Wealth Management LLC now owns 11,828 shares of the investment management company's stock worth $158,000 after buying an additional 1,600 shares during the period. Northern Trust Corp increased its position in Gladstone Investment by 22.2% during the 4th quarter. Northern Trust Corp now owns 27,200 shares of the investment management company's stock worth $360,000 after buying an additional 4,945 shares during the period. D. E. Shaw & Co. Inc. bought a new position in Gladstone Investment during the 4th quarter worth $234,000. Millennium Management LLC bought a new position in Gladstone Investment during the 4th quarter worth $411,000. Finally, Farther Finance Advisors LLC bought a new position in Gladstone Investment during the 1st quarter worth $71,000. Institutional investors and hedge funds own 11.85% of the company's stock.

Gladstone Investment Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, July 31st. Shareholders of record on Tuesday, July 22nd were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, July 21st. This represents a yield of 681.0%. Gladstone Investment's dividend payout ratio (DPR) is currently 44.24%.

Gladstone Investment Company Profile

Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options.

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