Gladstone Capital (GLAD) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gladstone Capital in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GLAD shares.
View GLAD analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued 12 month target prices for Gladstone Capital's stock. Their GLAD share price forecasts range from $11.00 to $11.00. On average, they expect the company's share price to reach $11.00 in the next year. This suggests a possible upside of 12.4% from the stock's current price.
View analysts price targets for GLAD or view top-rated stocks among Wall Street analysts.

Gladstone Capital's stock was trading at $9.62 at the beginning of the year. Since then, GLAD stock has increased by 1.8% and is now trading at $9.79.
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Gladstone Capital saw a drop in short interest during the month of September. As of September 15th, there was short interest totaling 243,100 shares, a drop of 7.7% from the August 31st total of 263,500 shares. Based on an average daily trading volume, of 377,000 shares, the short-interest ratio is currently 0.6 days.
View Gladstone Capital's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our GLAD earnings forecast.

Gladstone Capital Co. (NASDAQ:GLAD) released its quarterly earnings results on Wednesday, July, 26th. The investment management company reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.04. The investment management company earned $22.82 million during the quarter, compared to analyst estimates of $21.60 million. Gladstone Capital had a trailing twelve-month return on equity of 11.20% and a net margin of 44.11%.

Gladstone Capital declared a dividend on Tuesday, August 22nd. Investors of record on Wednesday, August 23rd will be given a dividend of $0.0825 per share on Thursday, August 31st. This represents a yield of 9.75%. The ex-dividend date is Tuesday, August 22nd. This is an increase from the stock's previous dividend of $0.07.
Read our dividend analysis for GLAD.

Virtus Private Credit Strategy ETF holds 31,778 shares of GLAD stock, representing 1.68% of its portfolio.

Gladstone Capital (NASDAQ:GLAD) pays an annual dividend of $0.99 per share and currently has a dividend yield of 9.81%. GLAD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 103.13%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, GLAD will have a dividend payout ratio of 84.62% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for GLAD.

1 employees have rated Gladstone Capital Chief Executive Officer David J. Gladstone on Glassdoor.com. David J. Gladstone has an approval rating of 100% among the company's employees. This puts David J. Gladstone in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 100.0% of employees surveyed would recommend working at Gladstone Capital to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Gladstone Capital investors own include AT&T (T), Altria Group (MO), Coca-Cola (KO), Virtus Global Dividend & Income Fund (ZTR), Oxford Lane Capital (OXLC), Philip Morris International (PM), Gladstone Investment (GAIN), Gladstone Commercial (GOOD), PIMCO High Income Fund (PHK) and Main Street Capital (MAIN).

Gladstone Capital trades on the NASDAQ under the ticker symbol "GLAD."

Gladstone Capital's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include LPL Financial LLC (0.93%), D.A. Davidson & CO. (0.48%), BlackRock Inc. (0.47%), Marshall Wace LLP (0.45%), International Assets Investment Management LLC (0.30%) and Novare Capital Management LLC (0.17%).
View institutional ownership trends.

Shares of GLAD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GLAD stock can currently be purchased for approximately $9.79.

Gladstone Capital (NASDAQ:GLAD) has a market capitalization of $377.89 million and generates $63.15 million in revenue each year. The investment management company earns $19.91 million in net income (profit) each year or $0.96 on an earnings per share basis.

Gladstone Capital's mailing address is 1521 WESTBRANCH DRIVE SUITE 100, MCLEAN VA, 22102. The official website for the company is www.gladstonecapital.com. The investment management company can be reached via phone at (703) 287-5857, via email at capital@gladstonecompanies.com, or via fax at 703-287-5801.