B. Riley Expects Stronger Earnings 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) - Analysts at B. Riley increased their FY2026 earnings per share estimates for Gladstone Investment in a research note issued to investors on Wednesday, August 13th. B. Riley analyst S. Adams now anticipates that the investment management company will post earnings of $0.92 per share for the year, up from their previous estimate of $0.90. B. Riley has a "Hold" rating on the stock. The consensus estimate for Gladstone Investment's current full-year earnings is $0.96 per share.

A number of other equities analysts also recently commented on the company. LADENBURG THALM/SH SH restated 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. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $13.50.

Gladstone Investment Stock Performance

Shares of Gladstone Investment stock traded down $0.04 during midday trading on Monday, reaching $14.03. 132,023 shares of the company's stock traded hands, compared to its average volume of 139,990. The company has a market cap of $536.23 million, a PE ratio of 6.47 and a beta of 0.92. The stock has a 50 day moving average of $14.11 and a 200-day moving average of $13.88. Gladstone Investment has a 12 month low of $11.42 and a 12 month high of $15.34.

Gladstone Investment (NASDAQ:GAIN - Get Free Report) last announced its earnings results on Tuesday, August 12th. The investment management company reported $0.24 EPS for the quarter, beating analysts' consensus estimates 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%.

Gladstone Investment Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, July 31st. Stockholders of record on Tuesday, July 22nd were paid a $0.08 dividend. This represents a dividend yield of 681.0%. The ex-dividend date of this dividend was Monday, July 21st. Gladstone Investment's dividend payout ratio is currently 44.24%.

Institutional Investors Weigh In On Gladstone Investment

A number of institutional investors have recently modified their holdings of the stock. State of Wyoming grew its stake in shares of Gladstone Investment by 204.3% in the second quarter. State of Wyoming now owns 12,033 shares of the investment management company's stock worth $172,000 after acquiring an additional 8,079 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its stake in shares of Gladstone Investment by 6.1% in the second quarter. CANADA LIFE ASSURANCE Co now owns 37,238 shares of the investment management company's stock worth $531,000 after acquiring an additional 2,136 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Gladstone Investment by 2.0% in the second quarter. Raymond James Financial Inc. now owns 40,857 shares of the investment management company's stock worth $583,000 after acquiring an additional 814 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of Gladstone Investment in the second quarter worth $428,000. Finally, Invesco Ltd. purchased a new stake in shares of Gladstone Investment in the second quarter worth $735,000. 11.85% of the stock is owned by hedge funds and other institutional investors.

About Gladstone Investment

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.