NASDAQ:GARSGarrison Capital Stock Price, Forecast & News

$3.36

+0.13 (+4.02 %)

(As of 06/1/2020 04:00 PM ET)

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Today's Range

$3.13

Now: $3.36▼

$3.44

50-Day Range

$1.64

MA: $2.22▼

$3.36

52-Week Range

$1.04

Now: $3.36▼

$7.25

Volume243,700 shs

Average Volume92,611 shs

Market Capitalization$53.93 million

P/E RatioN/A

Dividend Yield17.86%

Beta1.64

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. The fund focuses on consumer loans, capital market activities, traditional direct lending but at times may purchase loans in the secondary market or make special situation investments. It seeks to invest between $5 million and $25 million in equity and between $10 million and $25 million in debt per transaction primarily in debt securities and loans with annual EBITDA between $5 million and $30 million, annual revenue between $50 million and $200 million. Its investments typically range in maturity from one to six years.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Garrison Capital.

2.3 Community Rank

Outperform Votes
Garrison Capital has received 264 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Garrison Capital has received 298 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Garrison Capital has received 53.02% “underperform” votes from our community.

MarketBeat'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.

1.7 Dividend Strength

Dividend Leadership
Garrison Capital is a leading dividend payer. It pays a dividend yield of 17.86%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Garrison Capital does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Garrison Capital is 75.95 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Garrison Capital will have a dividend payout ratio of 130.43 % in the coming year. This indicates that Garrison Capital may not be able to sustain their current dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Garrison Capital insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.30% of the stock of Garrison Capital is held by insiders.
Percentage Held by Institutions
Only 25.86% of the stock of Garrison Capital is held by institutions.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Garrison Capital are expected to decrease by -22.03% in the coming year, from $0.59 to $0.46 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Garrison Capital is -1.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Garrison Capital is -1.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Garrison Capital has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

0.92 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Investors, not elsewhere classified

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:GARS

Previous Symbol

CUSIPN/A

CIK1509892

Webwww.garrisoncapitalbdc.com

Phone212-372-9590

Debt

Debt-to-Equity Ratio2.77

Current Ratio9.18

Quick Ratio9.18

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio5.69

P/E GrowthN/A

Sales & Book Value

Annual Sales$39.72 million

Price / Sales1.36

Cash Flow$0.74 per share

Price / Cash Flow4.54

Book Value$8.51 per share

Price / Book0.39

Profitability

EPS (Most Recent Fiscal Year)$0.79

Net Income$-18,880,000.00

Net Margins-132.41%

Return on Equity8.53%

Return on Assets2.52%

Miscellaneous

EmployeesN/A

Outstanding Shares16,050,000

Market Cap$53.93 million

Next Earnings Date8/14/2020 (Estimated)

OptionableOptionable

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Garrison Capital (NASDAQ:GARS) Frequently Asked Questions

How has Garrison Capital's stock been impacted by COVID-19 (Coronavirus)?

Garrison Capital's stock was trading at $4.89 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GARS stock has decreased by 31.3% and is now trading at $3.36. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Garrison Capital's next earnings date?

Garrison Capital is scheduled to release its next quarterly earnings announcement on Friday, August 14th 2020. View our earnings forecast for Garrison Capital.

How were Garrison Capital's earnings last quarter?

Garrison Capital Inc (NASDAQ:GARS) issued its earnings results on Monday, May, 11th. The investment management company reported $0.15 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.15. The investment management company earned $8.04 million during the quarter, compared to analysts' expectations of $8.54 million. Garrison Capital had a negative net margin of 132.41% and a positive return on equity of 8.53%. View Garrison Capital's earnings history.

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

Garrison Capital announced a quarterly dividend on Monday, May 11th. Investors of record on Friday, June 5th will be paid a dividend of $0.15 per share on Friday, June 26th. This represents a $0.60 annualized dividend and a yield of 17.86%. The ex-dividend date of this dividend is Thursday, June 4th. View Garrison Capital's dividend history.

Has Garrison Capital been receiving favorable news coverage?

Media headlines about GARS stock have trended extremely positive on Monday, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Garrison Capital earned a news impact score of 5.0 on InfoTrie's scale. They also gave news coverage about the investment management company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutGarrison Capital.

Who are some of Garrison Capital's key competitors?

Some companies that are related to Garrison Capital include Oaktree Strategic Income (OCSI), Stellus Capital Investment (SCM), Safeguard Scientifics (SFE), THL Credit (TCRD), OFS Capital (OFS), Portman Ridge Finance (PTMN), InvestcorpCreditManagementBDCInc . (ICMB), Elron Electronic Industries (ELRNF), CM Finance (CMFN), 180 Degree Capital (TURN), Capitala Finance (CPTA), Firsthand Technology Value Fund (SVVC), Rand Capital (RAND), Live Ventures (LIVE) and Molori Energy (MOLOF). View all competitors.

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), THL Credit (TCRD), SunCoke Energy Partners (SXCP), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), Oxford Square Capital (OXSQ), SandRidge Permian Trust (PER), Cornerstone Strategic Value Fund (CLM) and Capitala Finance (CPTA).

Who are Garrison Capital's key executives?

Garrison Capital's management team includes the following people:

Mr. Joseph B. Tansey, Chairman & CEO (Age 46)
Mr. Brian Steven Chase, COO & Director (Age 41)
Mr. Daniel Hahn, CFO & Treasurer

What is Garrison Capital's stock symbol?

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

Who are Garrison Capital's major shareholders?

Garrison Capital's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.50%), Virtus ETF Advisers LLC (1.72%), Stilwell Value LLC (1.28%), Almitas Capital LLC (1.27%), Signaturefd LLC (0.96%) and UBS Group AG (0.37%). 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 Stilwell Value LLC, Almitas Capital LLC, UBS Group AG, and Virtus ETF Advisers LLC. View insider buying and selling activity for Garrison Capital.

Which major investors are buying Garrison Capital stock?

GARS stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Signaturefd LLC, and Morgan Stanley. 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 activity 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 $3.36.

How big of a company is Garrison Capital?

Garrison Capital has a market capitalization of $53.93 million and generates $39.72 million in revenue each year. The investment management company earns $-18,880,000.00 in net income (profit) each year or $0.79 on an earnings per share basis.

What is Garrison Capital's official website?

The official website for Garrison Capital is 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.

This page was last updated on 6/1/2020 by MarketBeat.com Staff