Gladstone Capital Corporation Company Profile (NASDAQ:GLAD)

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

Gladstone Capital Corporation announced a monthly dividend on Wednesday, July 12th. Investors of record on Monday, August 21st will be given a dividend of $0.07 per share on Thursday, August 31st. This represents a $0.84 dividend on an annualized basis and a yield of 9.09%. The ex-dividend date is Thursday, August 17th. View Gladstone Capital Corporation's Dividend History.

Gladstone Capital Corporation (NASDAQ:GLAD) released its earnings results on Wednesday, August, 2nd. The company reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. The company had revenue of $9.63 million for the quarter, compared to analysts' expectations of $10.30 million. Gladstone Capital Corporation had a return on equity of 9.88% and a net margin of 85.01%. View Gladstone Capital Corporation's Earnings History.

Gladstone Capital Corporation is scheduled to release their next quarterly earnings announcement on Monday, November, 20th 2017. View Earnings Estimates for Gladstone Capital Corporation.

3 brokerages have issued 12 month target prices for Gladstone Capital Corporation's stock. Their predictions range from $8.00 to $10.00. On average, they expect Gladstone Capital Corporation's stock price to reach $9.08 in the next twelve months. View Analyst Ratings for Gladstone Capital Corporation.

Here are some recent quotes from research analysts about Gladstone Capital Corporation stock:

• 1. National Securities analysts commented, "• Gladstone posted NII/share of $0.21/share for fiscal 3Q17, a penny above our estimate and matching consensus. Despite strong portfolio growth the past two quarters, revenue was lighter than we had anticipated as fee income fell materially due to very low repayments during the quarter. This has followed the theme of what we have seen this earnings season: significant OID acceleration and prepayment fees in the core-to-upper middle market lenders and very little prepayments and fee income for the lower middle market lenders.
  • The portfolio grew by 10.2% Q/Q to $345.5 million from $313.5 million with GLAD originating $35.8 million of investments on the quarter. D/E finished the quarter at 0.65x and the company has significant spare capacity on its credit facility and the ability to utilize its ATM (at-the-market) program to opportunistically issue equity as needed, which we think bodes well for portfolio growth.
  • We are revising our fiscal 2017 NII/share estimate to $0.85 from $0.84 and our fiscal 2018 NII/share estimate to $0.85 from $0.86. Even with high effective yields on the loans Gladstone is originating, the cost of capital is too high at this time for earnings growth to materialize even when modeling strong portfolio growth, in our opinion, and we continue to believe shares are overvalued." (8/7/2017)
• 2. According to Zacks Investment Research, "Gladstone Capital Corporation is a specialty finance company that invests in debt securities consisting primarily of senior term loans, senior subordinated loans, and junior subordinated loans in small and medium sized companies. The Company target small and medium sized private businesses that meet some or all of our criteria, including the potential for growth, adequate assets for loan collateral, experienced management teams with significant ownership interest in the business, adequate capitalization, profitable operations based on cash flow, substantial ownership by a buyout fund or a venture capital fund and potential opportunities for us to realize appreciation and gain liquidity in our equity position. " (7/4/2017)

Some companies that are related to Gladstone Capital Corporation include Foresight Solar Fund Ltd (FSFL), Fidus Investment Corporation (FDUS), Eagle Point Credit Company (ECC), TICC Capital Corp. (TICC), Gladstone Investment Corporation (GAIN), THL Credit (TCRD), WhiteHorse Finance (WHF), Solar Senior Capital (SUNS), Fifth Street Senior Floating Rate Corp. (FSFR), Invesco Bond Fund (VBF), Stellus Capital Investment Corporation (SCM), TriplePoint Venture Growth BDC Corp. (TPVG), Alcentra Capital Corp. (ABDC), Capitala Finance Corp. (CPTA), StoneCastle Financial Corp (BANX), KCAP Financial (KCAP), Horizon Technology Finance Corporation (HRZN) and American Capital Senior Floating (ACSF).

Gladstone Capital Corporation's management team includes the folowing people:

• David J. Gladstone, Chairman of the Board, Chief Executive Officer
• Robert L. Marcotte, President
• Terry Lee Brubaker, Vice Chairman of the Board, Chief Operating Officer, Assistant Secretary
• Nicole Frances Dubas Schaltenbrand, Chief Financial Officer, Chief Accounting Officer, Treasurer
• Michael LiCalsi, General Counsel, Secretary
• Michela A. English, Secretary
• Paul W. Adelgren, Lead Independent Director
• Caren D. Merrick, Independent Director
• John H. Outland, Independent Director
• Anthony W. Parker J.D., Independent Director

Gladstone Capital Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (0.00%), Bank of Montreal Can (0.00%), Advisors Asset Management Inc. (0.00%), Mckinley Capital Management LLC Delaware (0.00%), Boston Partners (0.00%) and JPMorgan Chase & Co. (0.00%). Company insiders that own Gladstone Capital Corporation stock include David Gladstone, John Dellafiora, Michael Licalsi, Robert L Marcotte and Terry Lee Brubaker. View Institutional Ownership Trends for Gladstone Capital Corporation.

Gladstone Capital Corporation's stock was sold by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Royal Bank of Canada, WFG Advisors LP and Prospera Financial Services Inc. Company insiders that have sold Gladstone Capital Corporation stock in the last year include Robert L Marcotte and Terry Lee Brubaker. View Insider Buying and Selling for Gladstone Capital Corporation.

Gladstone Capital Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Mckinley Capital Management LLC Delaware, Arrowstreet Capital Limited Partnership, Goldman Sachs Group Inc., GSA Capital Partners LLP, Van ECK Associates Corp, Financial Counselors Inc. and CIBC World Markets Inc.. Company insiders that have bought Gladstone Capital Corporation stock in the last two years include David Gladstone, John Dellafiora, Michael Licalsi and Robert L Marcotte. View Insider Buying and Selling for Gladstone Capital Corporation.

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

One share of Gladstone Capital Corporation stock can currently be purchased for approximately $9.24.