Gladstone Capital (NASDAQ:GLAD - Get Free Report) will be posting its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Gladstone Capital to post earnings of $0.56 per share for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.
Gladstone Capital (NASDAQ:GLAD - Get Free Report) last released its quarterly earnings results on Monday, February 5th. The investment management company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.02). The firm had revenue of $23.22 million for the quarter, compared to analyst estimates of $23.39 million. Gladstone Capital had a return on equity of 11.59% and a net margin of 63.05%. On average, analysts expect Gladstone Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Gladstone Capital Stock Performance
GLAD traded down $0.05 during trading on Wednesday, hitting $21.24. 98,607 shares of the stock were exchanged, compared to its average volume of 149,069. The firm has a market capitalization of $461.97 million, a P/E ratio of 7.38 and a beta of 1.25. Gladstone Capital has a 1-year low of $18.38 and a 1-year high of $22.56. The stock has a fifty day moving average price of $20.58 and a two-hundred day moving average price of $20.57. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.20.
Gladstone Capital Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Wednesday, June 19th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, June 18th. This represents a $1.98 annualized dividend and a dividend yield of 9.32%. Gladstone Capital's dividend payout ratio (DPR) is currently 68.75%.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded Gladstone Capital from a "hold" rating to a "sell" rating in a research note on Monday.
Get Our Latest Research Report on GLAD
Gladstone Capital Company Profile
(
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Gladstone Capital Corporation is a business development company specializing in lower middle market, growth capital, add on acquisitions, change of control, buy & build strategies, debt refinancing, debt investments in senior term loans, revolving loans, secured first and second lien term loans, senior subordinated loans, unitranche loans, junior subordinated loans, and mezzanine loans and equity investments in the form of common stock, preferred stock, limited liability company interests, or warrants.
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