NASDAQ:GLAD - Gladstone Capital Stock Price, Forecast & News

$10.48

+0.04 (+0.38 %)

(As of 01/22/2020 02:31 PM ET)

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Today's Range

$10.43

Now: $10.48▼

$10.49

50-Day Range

$9.91

MA: $10.22▼

$10.48

52-Week Range

$8.03

Now: $10.48▼

$10.69

Volume148,782 shs

Average Volume133,967 shs

Market Capitalization$319.54 million

P/E Ratio15.41

Dividend Yield8.09%

Beta1.11

Gladstone Capital Corporation is a private equity and a venture capital fund specializing in lower middle market, growth capital, add on acquisitions, debt investments in senior loans, second lien loans, senior subordinated loans, junior subordinated loans, and mezzanine loans and equity investments in the form of common stock, preferred stock, limited liability company interests, or warrants. Read More…

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Investment offices, not elsewhere classified

Sub-IndustryAsset Management & Custody Banks

SectorFinance

Current SymbolNASDAQ:GLAD

Previous Symbol

CUSIP37653510

CIK1143513

Webhttp://www.gladstonecapital.com/

Phone703-287-5800

Debt

Debt-to-Equity Ratio0.27

Current Ratio0.36

Quick Ratio0.36

Price-To-Earnings

Trailing P/E Ratio15.41

Forward P/E Ratio12.48

P/E GrowthN/A

Sales & Book Value

Annual Sales$50.03 million

Price / Sales6.39

Cash Flow$0.50 per share

Price / Cash Flow21.10

Book Value$8.49 per share

Price / Book1.23

Profitability

EPS (Most Recent Fiscal Year)$0.84

Net Income$19.87 million

Net Margins39.71%

Return on Equity10.26%

Return on Assets5.87%

Miscellaneous

EmployeesN/A

Outstanding Shares30,490,000

Market Cap$319.54 million

Next Earnings Date2/5/2020 (Confirmed)

OptionableOptionable

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Gladstone Capital (NASDAQ:GLAD) Frequently Asked Questions

What is Gladstone Capital's stock symbol?

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

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

Gladstone Capital announced a monthly dividend on Friday, January 17th. Investors of record on Friday, March 20th will be given a dividend of $0.07 per share on Tuesday, March 31st. This represents a $0.84 dividend on an annualized basis and a yield of 8.02%. The ex-dividend date is Thursday, March 19th. View Gladstone Capital's Dividend History.

How were Gladstone Capital's earnings last quarter?

Gladstone Capital Co. (NASDAQ:GLAD) posted its earnings results on Wednesday, November, 13th. The investment management company reported $0.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by $0.01. The investment management company earned $12.72 million during the quarter, compared to the consensus estimate of $12.66 million. Gladstone Capital had a net margin of 39.71% and a return on equity of 10.26%. View Gladstone Capital's Earnings History.

When is Gladstone Capital's next earnings date?

Gladstone Capital is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for Gladstone Capital.

How can I listen to Gladstone Capital's earnings call?

Gladstone Capital will be holding an earnings conference call on Wednesday, February 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for GLAD?

2 brokers have issued 1-year price objectives for Gladstone Capital's stock. Their forecasts range from $7.00 to $10.00. On average, they expect Gladstone Capital's stock price to reach $8.50 in the next year. This suggests that the stock has a possible downside of 18.9%. View Analyst Price Targets for Gladstone Capital.

What is the consensus analysts' recommendation for Gladstone Capital?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gladstone Capital in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Gladstone Capital.

What are Wall Street analysts saying about Gladstone Capital stock?

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

1. 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. " (1/8/2020)
2. National Securities analysts commented, "▪ GLAD’s portfolio at fair value declined to $387.7mm from $431.2mm Q/Q. Originations were light at
around $4.0mm while prepayments came in at $48.5mm on the quarter. We expect the significant
prepayment activity drove both prepayment fees as well as accelerated unamortized original issue
discount (OID). Despite the portfolio shrinking, total investment income increased to $12.5mm from
$11.9mm Q/Q.
▪ Unrealized appreciation of $1.0mm and a $2.3mm realized gain drove the NAV/share increase to
$8.11 from $7.98 Q/Q. We suspect that positive technical marks courtesy of loan prices rallying
during the 3/31/19 quarter outweighed some idiosyncratic negative marks. Notably, LWO
Acquisitions Company was marked down to 34% of cost from 61% Q/Q and Gladstone now has it as
a control position. New Trident and Meridian Rack & Pinion were both placed on non-accrual,
although the combined cost is a rather small $8.6mm. Impact! Chemical Technologies and WadeCo
Specialties were merged into a single company, Imperative Holdings Corp. Both share the same
sponsor and Gladstone’s total oil and gas exposure at cost dipped to $37.0mm from $47.9mm Q/Q.
▪ Since 6/30/18, Gladstone’s NAV/share is down 8.4%. The lower middle market (LMM) portfolio is
38% second lien at cost and equity exposure is over 10%. With a constantly aging credit cycle, we
are baffled by the multiple GLAD trades at. Shares closed 5/2/19 at 15% above NAV and we think
that the market is not appropriately discounting the inherent risk in GLAD’s portfolio. The company
has the ability to bring D/E up to 2.00x, although shareholders will not receive any material benefit
over 1.00x D/E as the company has not implemented a break point in base management fees and
thus even with ramped leverage and portfolio growth, we don’t expect NII/share improvement. We
continue to think shares are overvalued.
▪ We are revising our fiscal 2019 NII/share estimate to $0.85 from $0.84 and revising our fiscal 2020
NII/share estimate to $0.84 from $0.86." (5/3/2019)

Has Gladstone Capital been receiving favorable news coverage?

News stories about GLAD stock have trended negative on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gladstone Capital earned a news sentiment score of -2.3 on InfoTrie's scale. They also assigned news articles about the investment management company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Gladstone Capital.

Are investors shorting Gladstone Capital?

Gladstone Capital saw a drop in short interest in the month of December. As of December 13th, there was short interest totalling 714,200 shares, a drop of 6.0% from the November 28th total of 759,500 shares. Based on an average daily trading volume, of 148,300 shares, the days-to-cover ratio is currently 4.8 days. Currently, 2.5% of the company's shares are sold short. View Gladstone Capital's Current Options Chain.

Who are some of Gladstone Capital's key competitors?

Some companies that are related to Gladstone Capital include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Northern Trust (NTRS), Ameriprise Financial (AMP), Franklin Resources (BEN), SEI Investments (SEIC), Invesco (IVZ), Ares Capital (ARCC), Eaton Vance (EV), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM) and Cohen & Steers (CNS).

What other stocks do shareholders of Gladstone Capital own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gladstone Capital investors own include AT&T (T), Altria Group (MO), The Coca-Cola (KO), The Zweig Total Return Fund (ZTR), Oxford Lane Capital (OXLC), Philip Morris International (PM), PIMCO High Income Fund (PHK), Gladstone Investment (GAIN), Gladstone Commercial (GOOD) and Exxon Mobil (XOM).

Who are Gladstone Capital's key executives?

Gladstone Capital's management team includes the folowing people:

Mr. David John Gladstone, Chairman & CEO (Age 77)
Mr. Terry Lee Brubaker, Vice Chairman, Assistant Sec. & COO (Age 75)
Mr. Robert L. Marcotte, Exec. Managing Director and Pres (Age 61)
Ms. Nicole Schaltenbrand, Chief Financial Officer and Treasurer (Age 36)
Ms. Karin McLaughlin, Investor Relation Specialist

Who are Gladstone Capital's major shareholders?

Gladstone Capital's stock is owned by a number of of retail and institutional investors. Top institutional investors include Good Life Advisors LLC (0.05%), Winslow Evans & Crocker Inc. (0.05%) and West Oak Capital LLC (0.02%). Company insiders that own Gladstone Capital stock include David Gladstone, Nicole Frances D Schaltenbrand and Robert L Marcotte. View Institutional Ownership Trends for Gladstone Capital.

Which institutional investors are selling Gladstone Capital stock?

GLAD stock was sold by a variety of institutional investors in the last quarter, including West Oak Capital LLC. View Insider Buying and Selling for Gladstone Capital.

Which institutional investors are buying Gladstone Capital stock?

GLAD stock was acquired by a variety of institutional investors in the last quarter, including Winslow Evans & Crocker Inc. and Good Life Advisors LLC. Company insiders that have bought Gladstone Capital stock in the last two years include David Gladstone, Nicole Frances D Schaltenbrand and Robert L Marcotte. View Insider Buying and Selling for Gladstone Capital.

How do I buy shares of Gladstone Capital?

Shares of GLAD 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 Gladstone Capital's stock price today?

One share of GLAD stock can currently be purchased for approximately $10.48.

How big of a company is Gladstone Capital?

Gladstone Capital has a market capitalization of $319.54 million and generates $50.03 million in revenue each year. The investment management company earns $19.87 million in net income (profit) each year or $0.84 on an earnings per share basis. View Additional Information About Gladstone Capital.

What is Gladstone Capital's official website?

The official website for Gladstone Capital is http://www.gladstonecapital.com/.

How can I contact Gladstone Capital?

Gladstone Capital's mailing address is 1521 WESTBRANCH DRIVE SUITE 100, MCLEAN VA, 22102. The investment management company can be reached via phone at 703-287-5800 or via email at [email protected]

MarketBeat Community Rating for Gladstone Capital (NASDAQ GLAD)

Community Ranking:		2.1 out of 5 ( )
Outperform Votes:		239 (Vote Outperform)
Underperform Votes:		338 (Vote Underperform)
Total Votes:		577

MarketBeat's community ratings are surveys of what our community members think about Gladstone Capital and other stocks. Vote "Outperform" if you believe GLAD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GLAD will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 1/22/2020 by MarketBeat.com Staff

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