Garrison Capital Company Profile (NASDAQ:GARS)

About Garrison Capital (GARS)

Garrison Capital logoGarrison Capital Inc. is a managed, closed-end, non-diversified management investment company. The Company's investment objective is to generate current income and capital appreciation by making investments primarily in debt securities and loans of the United States-based middle-market companies, which it defines as those having annual earnings before interest, taxes and depreciation, or EBITDA, of certain amount. It invests or provides direct lending in first lien senior secured loans, second lien senior secured loans, one-stop senior secured loans or unitranche loans, subordinated or mezzanine loans, unsecured consumer loans and to a lesser extent, selected equity co-investments in middle-market companies. The Company intends to generate risk-adjusted net returns by assembling a portfolio of investments. The Company's investment advisor is Garrison Capital Advisers LLC.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: GARS
  • CUSIP: N/A
Key Metrics:
  • Previous Close: $9.49
  • 50 Day Moving Average: $9.79
  • 200 Day Moving Average: $9.69
  • 52-Week Range: $8.75 - $10.98
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 8.71
  • P/E Growth: 1.60
  • Market Cap: $152.31M
  • Outstanding Shares: 16,049,000

Analyst Ratings

Consensus Ratings for Garrison Capital (NASDAQ:GARS) (?)
Ratings Breakdown: 5 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.17)
Consensus Price Target: $11.13 (17.23% upside)

Analysts' Ratings History for Garrison Capital (NASDAQ:GARS)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/16/2017WunderlichDowngradeBuy -> Hold$11.00 -> $10.00LowView Rating Details
3/13/2017National SecuritiesReiterated RatingNeutral$11.00LowView Rating Details
8/15/2016JMP SecuritiesReiterated RatingHoldN/AView Rating Details
8/12/2016Robert W. BairdDowngradeOutperform -> Neutral$11.00 -> $10.00N/AView Rating Details
5/23/2016Maxim GroupLower Price TargetBuy$14.00 -> $13.50N/AView Rating Details
4/27/2016Janney Montgomery ScottInitiated CoverageNeutralN/AView Rating Details
3/17/2016StephensLower Price TargetOverweight$17.00 -> $16.00N/AView Rating Details
3/3/2016Cantor FitzgeraldDowngradeBuy -> Hold$16.00 -> $12.00N/AView Rating Details
11/16/2015William BlairDowngradeOutperform -> Market PerformN/AView Rating Details
11/6/2015Ladenburg Thalmann Financial ServicesDowngradeBuy -> NeutralN/AView Rating Details
7/1/2015BMO Capital MarketsInitiated CoverageBuy$17.00N/AView Rating Details
4/30/2015MLV & Co.Initiated CoverageBuy$15.50N/AView Rating Details
(Data available from 3/22/2015 forward)

Earnings

Earnings History for Garrison Capital (NASDAQ:GARS)
Earnings by Quarter for Garrison Capital (NASDAQ:GARS)
Earnings History by Quarter for Garrison Capital (NASDAQ:GARS)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017        
5/9/2016Q1$0.35$0.36ViewN/AView Earnings Details
3/2/2016Q4$0.37$0.41ViewN/AView Earnings Details
11/4/2015Q315$0.37$0.49$13.03 millionViewN/AView Earnings Details
8/4/2015Q215$0.38$0.43$13.54 millionViewN/AView Earnings Details
3/4/2015Q414$0.37$0.41$13.04 millionViewN/AView Earnings Details
11/7/2014$0.35$0.37ViewN/AView Earnings Details
8/6/2014Q214$0.35$0.36ViewN/AView Earnings Details
3/13/2014$0.34$0.32ViewN/AView Earnings Details
8/8/2013Q2 2013$0.33$0.30$7.36 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Garrison Capital (NASDAQ:GARS)
Current Year EPS Consensus Estimate: $1.21 EPS
Next Year EPS Consensus Estimate: $1.09 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.31$0.34$0.33
Q2 20163$0.34$0.38$0.37
Q3 20163$0.35$0.40$0.38
Q4 20163$0.37$0.40$0.38
Q1 20172$0.28$0.33$0.31
Q2 20172$0.29$0.37$0.33
Q3 20172$0.29$0.38$0.34
Q4 20172$0.29$0.38$0.34
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Garrison Capital (NASDAQ:GARS)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/8/2017quarterly$0.2811.35%3/21/20173/23/20173/30/2017
11/10/2016quarterly$0.2812.17%12/7/201612/9/201612/23/2016
8/10/2016quarterly$0.3513.61%9/7/20169/9/20169/23/2016
5/10/2016quarterly$0.3513.75%6/8/20166/10/20166/24/2016
3/2/2016quarterly$0.3512.31%3/4/20163/8/20163/28/2016
11/5/2015quarterly$0.3510.07%12/9/201512/11/201512/28/2015
8/5/2015quarterly$0.359.48%9/8/20159/10/20159/25/2015
5/6/2015quarterly$0.359.36%6/10/20156/12/20156/26/2015
3/4/2015quarterly$0.359.21%3/10/20153/12/20153/27/2015
11/6/2014quarterly$0.359.36%12/10/201412/12/201412/29/2014
8/12/2014quarterly$0.359.68%9/10/20149/12/20149/26/2014
5/9/2014quarterly$0.359.83%6/11/20146/13/20146/27/2014
3/12/2014quarterly$0.359.52%3/19/20143/21/20143/28/2014
11/7/2013quarterly$0.359.74%12/11/201312/13/201312/27/2013
8/8/2013quarterly$0.359.39%9/10/20139/12/20139/26/2013
5/14/2013special$0.356/11/20136/13/20136/27/2013
5/13/2013quarterly$0.356/13/20136/27/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Garrison Capital (NASDAQ:GARS)
Insider Trades by Quarter for Garrison Capital (NASDAQ:GARS)
Institutional Ownership by Quarter for Garrison Capital (NASDAQ:GARS)
Insider Trades by Quarter for Garrison Capital (NASDAQ:GARS)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/13/2017Brian S ChaseCFOBuy5,000$9.82$49,100.00View SEC Filing  
3/13/2017Joseph MoreaDirectorBuy1,000$9.85$9,850.00View SEC Filing  
11/28/2016Joseph MoreaDirectorBuy500$9.37$4,685.00View SEC Filing  
11/16/2016Brian S ChaseCFOBuy1,000$8.96$8,960.00View SEC Filing  
11/15/2016Brian S ChaseCFOBuy4,411$8.95$39,478.45View SEC Filing  
11/14/2016Brian S ChaseCFOBuy3,011$9.00$27,099.00View SEC Filing  
6/9/2016Matthew Joseph WestwoodDirectorBuy2,000$10.17$20,340.00View SEC Filing  
6/7/2016Joseph Bertrand TanseyCEOBuy10,000$10.47$104,700.00View SEC Filing  
5/19/2016Bruce W ShewmakerDirectorBuy1,000$10.01$10,010.00View SEC Filing  
5/18/2016Rafael AstrucDirectorBuy2,500$10.15$25,375.00View SEC Filing  
3/21/2016Bruce W ShewmakerDirectorBuy1,500$10.29$15,435.00View SEC Filing  
3/21/2016Joseph Bertrand TanseyCEOBuy329$10.26$3,375.54View SEC Filing  
3/18/2016Joseph Bertrand TanseyCEOBuy4,000$10.31$41,240.00View SEC Filing  
3/17/2016Joseph Bertrand TanseyCEOBuy16,001$10.24$163,850.24View SEC Filing  
3/9/2016Brian S ChaseCFOBuy8,100$10.04$81,324.00View SEC Filing  
3/9/2016Joseph Bertrand TanseyCEOBuy6,795$9.90$67,270.50View SEC Filing  
3/9/2016Joseph MoreaDirectorBuy500$9.92$4,960.00View SEC Filing  
3/8/2016Brian S ChaseCFOBuy1,600$9.98$15,968.00View SEC Filing  
3/8/2016Bruce W ShewmakerDirectorBuy2,000$10.10$20,200.00View SEC Filing  
3/7/2016Brian S ChaseCFOBuy5,000$10.10$50,500.00View SEC Filing  
11/16/2015Bruce W. ShewmakerDirectorBuy1,000$13.45$13,450.00View SEC Filing  
3/23/2015Steven Scott StuartMajor ShareholderSell1,009,990$14.62$14,766,053.80View SEC Filing  
3/19/2015Brian S ChaseInsiderBuy2,000$14.58$29,160.00View SEC Filing  
3/19/2015Michelle RancicCAOBuy3,500$14.58$51,030.00View SEC Filing  
12/18/2014Steven Scott StuartMajor ShareholderSell100,000$14.69$1,469,000.00View SEC Filing  
12/10/2014Steven Scott StuartMajor ShareholderSell7,000$14.68$102,760.00View SEC Filing  
12/8/2014Brian S ChaseCFOBuy2,000$14.65$29,300.00View SEC Filing  
12/4/2014Brian S ChaseCFOBuy1,000$14.94$14,940.00View SEC Filing  
12/1/2014Brian S ChaseCFOBuy3,000$14.74$44,220.00View SEC Filing  
9/9/2014Rafael AstrucDirectorBuy1,115$14.69$16,379.35View SEC Filing  
8/15/2014Brian S ChaseCFOBuy1,035$14.49$14,997.15View SEC Filing  
8/13/2014Steven Scott StuartMajor ShareholderSell220,190$14.50$3,192,755.00View SEC Filing  
8/12/2014Joseph Bertrand TanseyCEOBuy2,599$14.43$37,503.57View SEC Filing  
8/11/2014Brian S ChaseCFOBuy2,000$14.45$28,900.00View SEC Filing  
8/11/2014Joseph Bertrand TanseyCEOBuy99$14.43$1,428.57View SEC Filing  
7/17/2014Steven Scott StuartMajor ShareholderSell2,000,000$14.50$29,000,000.00View SEC Filing  
6/5/2014Brian S ChaseCFOBuy1,318$14.62$19,269.16View SEC Filing  
4/23/2014Steven Scott Stuartmajor shareholderSell600,000$14.00$8,400,000.00View SEC Filing  
4/10/2014Matthew Joseph WestwoodDirectorBuy4,000$14.20$56,800.00View SEC Filing  
4/7/2014Brian ChaseCFOBuy4,000$14.18$56,720.00View SEC Filing  
12/11/2013Joseph Bertrand TanseyCEOBuy4,100$14.33$58,753.00View SEC Filing  
12/11/2013Steven Scott Stuartmajor shareholderBuy7,000$14.78$103,460.00View SEC Filing  
12/9/2013Brian ChaseCFOBuy1,700$14.43$24,531.00View SEC Filing  
12/6/2013Bruce ShewmakerDirectorBuy1,000$14.44$14,440.00View SEC Filing  
12/6/2013Joseph Bertrand TanseyCEOBuy1,060$14.51$15,380.60View SEC Filing  
12/2/2013Joseph Bertrand TanseyCEOBuy2,065$14.50$29,942.50View SEC Filing  
11/27/2013Brian ChaseCFOBuy2,000$14.20$28,400.00View SEC Filing  
4/2/2013Cecil E Martin JrDirectorBuy3,000$15.00$45,000.00View SEC Filing  
4/2/2013Joseph Bertrand TanseyCEOBuy66,667$15.00$1,000,005.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Garrison Capital (NASDAQ:GARS)
Latest Headlines for Garrison Capital (NASDAQ:GARS)
Source:
DateHeadline
News IconGarrison Capital Inc (GARS) Lowered to "Hold" at Wunderlich (NASDAQ:GARS)
www.americanbankingnews.com - March 22 at 8:41 AM
News IconGarrison Capital Inc (GARS) Rating Lowered to Hold at Wunderlich (NASDAQ:GARS)
www.americanbankingnews.com - March 16 at 10:21 PM
News IconGarrison Capital Inc (GARS) Receives Average Recommendation of “Hold” from Analysts (NASDAQ:GARS)
www.americanbankingnews.com - March 15 at 11:36 AM
finance.yahoo.com logoGARRISON CAPITAL INC. Financials (NASDAQ:GARS)
finance.yahoo.com - March 11 at 5:16 PM
finance.yahoo.com logoEdited Transcript of GARS earnings conference call or presentation 9-Mar-17 8:00pm GMT (NASDAQ:GARS)
finance.yahoo.com - March 10 at 11:06 AM
us.rd.yahoo.com logoGarrison Capital Inc. Declares First Quarter 2017 Distribution of $0.28 Per Share and Announces Fourth Quarter and Fiscal Year Ended December 31, 2016 Financial Results and Earnings Call (NASDAQ:GARS)
us.rd.yahoo.com - March 7 at 10:09 PM
biz.yahoo.com logoGARRISON CAPITAL INC. Files SEC form 8-K, Results of Operations and Financial Condition, Change in Directors or Princ (NASDAQ:GARS)
us.rd.yahoo.com - March 7 at 10:09 PM
biz.yahoo.com logoQ4 2016 Garrison Capital Inc Earnings Release - After Market Close (NASDAQ:GARS)
biz.yahoo.com - March 7 at 11:29 AM
finance.yahoo.com logoGarrison Capital Inc. Schedules Earnings Release for the Fourth Quarter and Fiscal Year Ended December 31, 2016 (NASDAQ:GARS)
finance.yahoo.com - February 14 at 6:29 PM
seekingalpha.com logoKCAP, Canadian Imperial And Garrison Are Top Dogs Per Financial Sector February Analyst Gain Guesses (NASDAQ:GARS)
seekingalpha.com - February 4 at 5:25 PM
biz.yahoo.com logoGARRISON CAPITAL INC. Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:GARS)
biz.yahoo.com - January 24 at 6:02 PM
biz.yahoo.com logoGARRISON CAPITAL INC. Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Stand (NASDAQ:GARS)
biz.yahoo.com - December 13 at 5:57 PM
nasdaq.com logoGarrison Capital Inc. (GARS) Ex-Dividend Date Scheduled for December 07, 2016 - Nasdaq (NASDAQ:GARS)
www.nasdaq.com - December 7 at 10:43 AM

Social

Frequently Asked Questions for Garrison Capital (NASDAQ:GARS)

What is Garrison Capital's stock symbol?

Garrison Capital trades on the NASDAQ under the ticker symbol "GARS."

How often does Garrison Capital pay dividends? What is the dividend yield for Garrison Capital?

Garrison Capital announced a quarterly dividend on Wednesday, March 8th. Shareholders of record on Thursday, March 23rd will be given a dividend of $0.28 per share on Thursday, March 30th. This represents a $1.12 annualized dividend and a yield of 11.80%. The ex-dividend date of this dividend is Tuesday, March 21st.

How were Garrison Capital's earnings last quarter?

Garrison Capital Inc (NASDAQ:GARS) announced its earnings results on Monday, May, 9th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.01.

When will Garrison Capital make its next earnings announcement?

Garrison Capital is scheduled to release their next quarterly earnings announcement on Monday, May, 8th 2017.

Where is Garrison Capital's stock going? Where will Garrison Capital's stock price be in 2017?

6 equities research analysts have issued 1-year target prices for Garrison Capital's stock. Their predictions range from $10.00 to $13.50. On average, they anticipate Garrison Capital's share price to reach $11.13 in the next year.

Who owns Garrison Capital stock?

Garrison Capital's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Two Sigma Investments LP (0.00%), Shelton Capital Management (0.00%), Baird Financial Group Inc. (0.00%) and Ladenburg Thalmann Financial Services Inc. (0.00%). Company insiders that own Garrison Capital stock include Brian S Chase, Bruce W Shewmaker, Joseph Bertrand Tansey, Joseph Morea, Matthew Joseph Westwood, Rafael Astruc and Steven Scott Stuart.

Who sold Garrison Capital stock? Who is selling Garrison Capital stock?

Garrison Capital's stock was sold by a variety of institutional investors in the last quarter, including Ladenburg Thalmann Financial Services Inc. and Baird Financial Group Inc..

Who bought Garrison Capital stock? Who is buying Garrison Capital stock?

Garrison Capital's stock was acquired by a variety of institutional investors in the last quarter, including Shelton Capital Management and Two Sigma Investments LP. Company insiders that have bought Garrison Capital stock in the last two years include Brian S Chase, Bruce W Shewmaker, Joseph Bertrand Tansey, Joseph Morea, Matthew Joseph Westwood and Rafael Astruc.

How do I buy Garrison Capital stock?

Shares of Garrison Capital can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Garrison Capital stock cost?

One share of Garrison Capital stock can currently be purchased for approximately $9.49.

Garrison Capital (GARS) Chart for Wednesday, March, 22, 2017

This page was last updated on 3/22/2017 by MarketBeat.com Staff