Gladstone Capital (NASDAQ:GLAD - Get Free Report) will post its quarterly earnings results after the market closes on Wednesday, November 13th. Analysts expect Gladstone Capital to post earnings of $0.53 per share for the quarter. Investors that wish to listen to the company's conference call can do so using this link.
Gladstone Capital (NASDAQ:GLAD - Get Free Report) last posted its earnings results on Wednesday, August 7th. The investment management company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.53 by $0.04. Gladstone Capital had a net margin of 78.40% and a return on equity of 10.87%. The company had revenue of $25.69 million during the quarter, compared to the consensus estimate of $24.69 million. On average, analysts expect Gladstone Capital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Gladstone Capital Stock Up 1.3 %
NASDAQ GLAD traded up $0.33 during trading hours on Friday, hitting $25.23. The company's stock had a trading volume of 115,444 shares, compared to its average volume of 109,762. The company has a current ratio of 0.02, a quick ratio of 0.02 and a debt-to-equity ratio of 0.15. The company's 50-day simple moving average is $23.88 and its two-hundred day simple moving average is $23.17. The company has a market capitalization of $548.75 million, a PE ratio of 8.41 and a beta of 1.25. Gladstone Capital has a 52 week low of $19.20 and a 52 week high of $25.29.
Gladstone Capital Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 20th will be given a dividend of $0.165 per share. The ex-dividend date is Friday, December 20th. This represents a $1.98 annualized dividend and a dividend yield of 7.85%. Gladstone Capital's payout ratio is 66.00%.
Analyst Ratings Changes
Separately, B. Riley initiated coverage on Gladstone Capital in a research note on Wednesday, October 23rd. They set a "neutral" rating and a $23.00 price objective on the stock.
View Our Latest Report on Gladstone Capital
Gladstone Capital Company Profile
(
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Gladstone Capital Corporation is a business development company specializing in lower middle market, growth capital, add on acquisitions, change of control, buy & build strategies, debt refinancing, debt investments in senior term loans, revolving loans, secured first and second lien term loans, senior subordinated loans, unitranche loans, junior subordinated loans, and mezzanine loans and equity investments in the form of common stock, preferred stock, limited liability company interests, or warrants.
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