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NASDAQ:GLADGladstone Capital Stock Price, Forecast & News

$4.74
-0.21 (-4.24 %)
(As of 04/3/2020 04:00 PM ET)
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Today's Range
$4.50
Now: $4.74
$5.00
50-Day Range
$4.29
MA: $7.87
$10.53
52-Week Range
$4.04
Now: $4.74
$10.69
Volume365,345 shs
Average Volume443,804 shs
Market Capitalization$147.65 million
P/E Ratio5.71
Dividend Yield16.97%
Beta1.37
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.
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Beat the Market (BTM) Rank

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

Industry Investment offices, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:GLAD
CUSIP37653510
Phone703-287-5800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$50.03 million
Cash Flow$0.47 per share
Book Value$8.49 per share

Profitability

Net Income$19.87 million

Miscellaneous

EmployeesN/A
Market Cap$147.65 million
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable

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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?

What other stocks do shareholders of Gladstone Capital own?

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 Staff

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