NASDAQ:GARS - Garrison Capital Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Garrison Capital Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $6.22 -0.01 (-0.16 %) (As of 02/21/2020 07:18 AM ET) Add Compare Today's Range$6.20Now: $6.22▼$6.2250-Day Range$5.75MA: $6.10▼$6.3252-Week Range$5.33Now: $6.22▼$7.65Volume45,080 shsAverage Volume38,222 shsMarket Capitalization$99.83 millionP/E RatioN/ADividend Yield9.63%Beta0.5 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Garrison Capital Inc is a business development company specializing in investments primarily in the debt and equity of middle market companies. It seeks to invest in first lien senior secured loans, second lien senior secured loans, one-stop senior secured or unitranche loans, subordinated or mezzanine loans, unsecured consumer loans and to a lesser extent, selected equity co-investments in middle-market companies, warrants and minority equity securities in United States middle-market companies. Read More… Industry, Sector and Symbol Stock Exchange NASDAQ Industry Investors, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:GARS Previous Symbol CUSIPN/A CIK1509892 Webhttp://www.garrisoncapitalbdc.com/ Phone212-372-9590Debt Debt-to-Equity Ratio2.28 Current Ratio3.51 Quick Ratio3.51Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio7.32 P/E GrowthN/A Sales & Book Value Annual Sales$38.78 million Price / Sales2.57 Cash Flow$0.96 per share Price / Cash Flow6.51 Book Value$10.52 per share Price / Book0.59Profitability EPS (Most Recent Fiscal Year)$1.01 Net Income$-1,570,000.00 Net Margins-51.22% Return on Equity8.22% Return on Assets2.63%Miscellaneous EmployeesN/A Outstanding Shares16,050,000Market Cap$99.83 million Next Earnings Date3/3/2020 (Estimated) OptionableOptionable Receive GARS News and Ratings via Email Sign-up to receive the latest news and ratings for GARS and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:GARS Rates by TradingView Garrison Capital (NASDAQ:GARS) Frequently Asked Questions 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 Tuesday, November 12th. Shareholders of record on Friday, December 6th will be paid a dividend of $0.15 per share on Friday, December 20th. This represents a $0.60 annualized dividend and a yield of 9.65%. The ex-dividend date is Thursday, December 5th. View Garrison Capital's Dividend History. How were Garrison Capital's earnings last quarter? Garrison Capital Inc (NASDAQ:GARS) issued its quarterly earnings results on Tuesday, May, 7th. The investment management company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.21 by $0.01. The investment management company had revenue of $10.23 million for the quarter, compared to analyst estimates of $10.75 million. Garrison Capital had a negative net margin of 51.22% and a positive return on equity of 8.22%. View Garrison Capital's Earnings History. When is Garrison Capital's next earnings date? Garrison Capital is scheduled to release their next quarterly earnings announcement on Tuesday, March 3rd 2020. View Earnings Estimates for Garrison Capital. What price target have analysts set for GARS? 1 brokers have issued 12-month target prices for Garrison Capital's shares. Their forecasts range from $8.00 to $8.00. On average, they expect Garrison Capital's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 28.6% from the stock's current price. View Analyst Price Targets for Garrison Capital. What is the consensus analysts' recommendation for Garrison Capital? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Garrison Capital in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Garrison Capital. What are Wall Street analysts saying about Garrison Capital stock? Here are some recent quotes from research analysts about Garrison Capital stock: 1. According to Zacks Investment Research, "Garrison Capital Inc. is an externally 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 investments include debt investments, preferred and minority equity investments (equity) of diversified companies and a portfolio of unsecured small balance consumer loans. " (1/14/2020) 2. National Securities analysts commented, "▪ GARS earned adjusted NII/share of $0.20 for 1Q19, a penny short of our estimate but also short of the $0.23/share quarterly dividend. Given what we expect will be continued pressure on asset quality and marks, we think this will further constrain portfolio growth and thus NII. ▪ Garrison’s previous non-accrual, Profusion, was restructured at prior quarter marks (25% of cost) but Emtec and Confluence were added. This served to bring non-accruals at cost up to $17.0mm or 3.5% of the portfolio from $9.2m or 2.0% of the portfolio the prior quarter. ▪ Non-accruals in total are marked at 80% of cost, which we find to be generous, and we expect further write-downs on these assets as well. Cochon was marked down further to 41% of cost from 44% of cost Q/Q and we cannot fathom how an asset marked at 41% of cost can stay on accrual status. We think there are other shoes to drop. ▪ GARS has a regulatory D/E target of 1.75x and ended 1Q19 at 1.70x. We think negative marks will push NAV/share down to $9.75 in 4Q19 from $10.44 in 1Q19 and as a result constrain portfolio growth, with D/E already redlining. This really puts GARS against the wall, as we see it, and we do not expect NII to cover the dividend. ▪ GARS would rather undertake low-yielding BSL and club deals instead of repurchasing shares which is not prudent capital management and is not in the best interest of shareholders, as we see it, with the latter providing superior ROIC. ▪ We are revising our 2019 adjusted NII/share estimate to $0.86 from $0.89 and our 2020 adjusted NII/share estimate to $0.87 from $0.96." (5/14/2019) Has Garrison Capital been receiving favorable news coverage? News stories about GARS stock have trended negative on Friday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Garrison Capital earned a news impact score of -2.2 on InfoTrie's scale. They also assigned press coverage about the investment management company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Garrison Capital. Who are some of Garrison Capital's key competitors? Some companies that are related to Garrison Capital include Capital Southwest (CSWC), Triplepoint Venture Growth BDC (TPVG), Stellus Capital Investment (SCM), Oaktree Strategic Income (OCSI), Arlington Asset Investment (AI), Safeguard Scientifics (SFE), THL Credit (TCRD), OFS Capital (OFS), Capitala Finance (CPTA), Allied Minds (ALLWF), InvestcorpCreditManagementBDCInc . (ICMB), CM Finance (CMFN), Portman Ridge Finance (PTMN), 180 Degree Capital (TURN) and Elron Electronic Industries (ELRNF). What other stocks do shareholders of Garrison Capital own? Based on aggregate information from My MarketBeat watchlists, some companies that other Garrison Capital investors own include Energy Transfer LP Unit (ET), Arlington Asset Investment (AI), SunCoke Energy Partners (SXCP), CBL & Associates Properties (CBL), SandRidge Permian Trust (PER), Cornerstone Total Return Fund (CRF), Oxford Square Capital (OXSQ), THL Credit (TCRD), Cornerstone Strategic Value Fund (CLM) and Capitala Finance (CPTA). Who are Garrison Capital's key executives? Garrison Capital's management team includes the folowing people: Mr. Joseph B. Tansey, Chairman & CEO (Age 46)Mr. Brian Steven Chase, COO & Director (Age 41)Mr. Daniel Hahn, CFO & Treasurer Who are Garrison Capital's major shareholders? Garrison Capital's stock is owned by many different of retail and institutional investors. Top institutional investors include Stilwell Value LLC (4.60%), Bulldog Investors LLC (3.34%), Virtus ETF Advisers LLC (2.43%), UBS Group AG (1.57%), Clear Harbor Asset Management LLC (1.14%) and Advisors Asset Management Inc. (1.01%). Company insiders that own Garrison Capital stock include Brian S Chase, Cecil E Martin Jr, Daniel Hahn, Joseph Bertrand Tansey, Joseph Morea and Matthew Joseph Westwood. View Institutional Ownership Trends for Garrison Capital. Which major investors are selling Garrison Capital stock? GARS stock was sold by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Acadian Asset Management LLC, UBS Group AG and Blair William & Co. IL. View Insider Buying and Selling for Garrison Capital. Which major investors are buying Garrison Capital stock? GARS stock was purchased by a variety of institutional investors in the last quarter, including Bulldog Investors LLC, Stilwell Value LLC, Virtus ETF Advisers LLC, Royce & Associates LP, Clear Harbor Asset Management LLC, FNY Investment Advisers LLC and National Asset Management Inc.. Company insiders that have bought Garrison Capital stock in the last two years include Brian S Chase, Cecil E Martin Jr, Daniel Hahn, Joseph Bertrand Tansey, Joseph Morea and Matthew Joseph Westwood. View Insider Buying and Selling for Garrison Capital. How do I buy shares of Garrison Capital? Shares of GARS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab. What is Garrison Capital's stock price today? One share of GARS stock can currently be purchased for approximately $6.22. How big of a company is Garrison Capital? Garrison Capital has a market capitalization of $99.83 million and generates $38.78 million in revenue each year. The investment management company earns $-1,570,000.00 in net income (profit) each year or $1.01 on an earnings per share basis. View Additional Information About Garrison Capital. What is Garrison Capital's official website? The official website for Garrison Capital is http://www.garrisoncapitalbdc.com/. How can I contact Garrison Capital? Garrison Capital's mailing address is 1290 AVENUE OF THE AMERICAS SUITE 914, NEW YORK NY, 10104. The investment management company can be reached via phone at 212-372-9590. MarketBeat Community Rating for Garrison Capital (NASDAQ GARS)Community Ranking: 2.4 out of 5 ( )Outperform Votes: 260 (Vote Outperform)Underperform Votes: 288 (Vote Underperform)Total Votes: 548MarketBeat's community ratings are surveys of what our community members think about Garrison Capital and other stocks. Vote "Outperform" if you believe GARS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GARS will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 2/21/2020 by MarketBeat.com StaffFeatured Article: Asset Allocation, Balancing Your Investments
