NASDAQ:GLADGladstone 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 Gladstone Capital Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $4.74 -0.21 (-4.24 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$4.50Now: $4.74▼$5.0050-Day Range$4.29MA: $7.87▼$10.5352-Week Range$4.04Now: $4.74▼$10.69Volume365,345 shsAverage Volume443,804 shsMarket Capitalization$147.65 millionP/E Ratio5.71Dividend Yield16.97%Beta1.37 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. The fund also makes private equity investments in acquisitions, buyouts and recapitalizations, and refinancing existing debts. It targets small and medium-sized companies in United States. It invests in companies engaged in the business services, light and specialty manufacturing, niche industrial products and services, specialty consumer products and services, energy services, transportation and logistics, healthcare and education services, specialty chemicals, media and communications and aerospace and defense. The fund seeks to invest between $7 million and $30 million in companies that have between $20 million and $150 million in sales and EBITDA between $3 million and $25 million. It prefers to acquire minority stakes. It seeks to exit its investments through strategic acquisitions by other industry participants or financial buyers, initial public offerings of common stock, or other capital market transactions.Read More Beat the Market (BTM) Rank™ 2.8 Analyst's Opinion Consensus RatingGladstone Capital has received a consensus rating of Hold. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.50, Gladstone Capital has a potential upside of 79.3% from its current price of $4.74.Amount of Analyst CoverageGladstone Capital has received no research coverage in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesGladstone Capital has received 252 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGladstone Capital has received 357 “underperform” votes. (Add your “underperform” vote.)Community SentimentGladstone Capital has received 58.62% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipGladstone Capital is a leading dividend payer. It pays a dividend yield of 16.97%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGladstone Capital does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Gladstone Capital is 100.00 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Gladstone Capital will have a dividend payout ratio of 98.82 % in the coming year. This indicates that Gladstone Capital may not be able to sustain their current dividend. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Gladstone Capital insiders have bought more of their company's stock than they have sold. Specifically, they have bought $106,238.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 5.64% of the stock of Gladstone Capital is held by insiders.Percentage Held by InstitutionsOnly 14.41% of the stock of Gladstone Capital is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Gladstone Capital are expected to grow by 1.19% in the coming year, from $0.84 to $0.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Gladstone Capital is 5.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Gladstone Capital is 5.71, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 11.41.Price to Book Value per Share RatioGladstone Capital has a P/B Ratio of 0.56. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.8Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.40 out of 5 stars 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/ Phone703-287-5800Debt Debt-to-Equity Ratio0.36 Current Ratio0.08 Quick Ratio0.08Price-To-Earnings Trailing P/E Ratio5.71 Forward P/E Ratio5.64 P/E GrowthN/A Sales & Book Value Annual Sales$50.03 million Price / Sales2.95 Cash Flow$0.47 per share Price / Cash Flow10.06 Book Value$8.49 per share Price / Book0.56Profitability EPS (Most Recent Fiscal Year)$0.84 Net Income$19.87 million Net Margins48.28% Return on Equity10.20% Return on Assets5.97%Miscellaneous EmployeesN/A Outstanding Shares31,150,000Market Cap$147.65 million Next Earnings Date5/6/2020 (Estimated) OptionableOptionable Receive GLAD News and Ratings via Email Sign-up to receive the latest news and ratings for GLAD and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:GLAD Rates by TradingView Gladstone Capital (NASDAQ:GLAD) Frequently Asked Questions How has Gladstone Capital's stock been impacted by COVID-19 (Coronavirus)? Gladstone Capital's stock was trading at $7.84 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GLAD stock has decreased by 39.5% and is now trading at $4.74. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is Gladstone Capital's next earnings date? Gladstone Capital is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Gladstone Capital. How were Gladstone Capital's earnings last quarter? Gladstone Capital Co. (NASDAQ:GLAD) announced its quarterly earnings data on Wednesday, February, 5th. The investment management company reported $0.21 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.21. The investment management company earned $12.16 million during the quarter, compared to analyst estimates of $12.43 million. Gladstone Capital had a return on equity of 10.20% and a net margin of 48.28%. View Gladstone Capital's earnings history. 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. Shareholders 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 annualized dividend and a dividend yield of 17.72%. The ex-dividend date of this dividend is Thursday, March 19th. View Gladstone Capital's dividend history. What price target have analysts set for GLAD? 2 Wall Street analysts have issued twelve-month 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 a possible upside of 79.3% from the stock's current price. View analysts' price targets 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. " (2/17/2020) 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? Headlines about GLAD stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gladstone Capital earned a media sentiment score of -3.3 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 press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutGladstone Capital. 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), Legg Mason (LM), Ares Capital (ARCC), Invesco (IVZ), Eaton Vance (EV), Affiliated Managers Group (AMG), Cohen & Steers (CNS) and Federated Investors (FII). 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), Gladstone Investment (GAIN), Gladstone Commercial (GOOD), PIMCO High Income Fund (PHK) and Main Street Capital (MAIN). Who are Gladstone Capital's key executives? Gladstone Capital's management team includes the following 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 What is Gladstone Capital's stock symbol? Gladstone Capital trades on the NASDAQ under the ticker symbol "GLAD." 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 $4.74. How big of a company is Gladstone Capital? Gladstone Capital has a market capitalization of $147.65 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] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: Does the Step Transaction Doctrine Affect a Backdoor Roth IRA?
