Gladstone Investment (NASDAQ:GAIN - Get Free Report) will issue its quarterly earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.26 per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
Gladstone Investment (NASDAQ:GAIN - Get Free Report) last posted its quarterly earnings results on Tuesday, February 6th. The investment management company reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.27 by ($0.01). The firm had revenue of $23.08 million for the quarter, compared to the consensus estimate of $24.04 million. Gladstone Investment had a return on equity of 7.79% and a net margin of 80.68%. On average, analysts expect Gladstone Investment to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Gladstone Investment Stock Down 0.4 %
Shares of NASDAQ GAIN traded down $0.06 during mid-day trading on Wednesday, reaching $14.24. 88,105 shares of the company were exchanged, compared to its average volume of 164,905. The stock has a market cap of $522.47 million, a price-to-earnings ratio of 7.16 and a beta of 1.36. Gladstone Investment has a 1 year low of $12.14 and a 1 year high of $14.96. The firm has a 50-day moving average of $14.00 and a 200 day moving average of $14.12.
Gladstone Investment Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Wednesday, June 19th will be paid a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 6.74%. The ex-dividend date is Tuesday, June 18th. Gladstone Investment's dividend payout ratio (DPR) is presently 48.24%.
About Gladstone Investment
(
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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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