B. Riley Raises Earnings Estimates for Gladstone Investment

Gladstone Investment Co. (NASDAQ:GAIN - Free Report) - Analysts at B. Riley boosted their Q2 2026 earnings per share (EPS) estimates for Gladstone Investment in a note issued to investors on Monday, November 11th. B. Riley analyst B. Rowe now expects that the investment management company will post earnings per share of $0.24 for the quarter, up from their prior forecast of $0.23. B. Riley currently has a "Neutral" rating and a $13.50 target price on the stock. The consensus estimate for Gladstone Investment's current full-year earnings is $0.94 per share.

Separately, StockNews.com upgraded shares of Gladstone Investment from a "sell" rating to a "hold" rating in a report on Monday.

Gladstone Investment Stock Performance

Gladstone Investment stock traded up $0.14 during mid-day trading on Wednesday, hitting $13.67. The company's stock had a trading volume of 72,482 shares, compared to its average volume of 148,343. The stock has a market cap of $501.55 million, a PE ratio of 12.88 and a beta of 1.33. Gladstone Investment has a one year low of $12.46 and a one year high of $14.96. The company has a 50 day moving average of $13.63 and a 200-day moving average of $13.74.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Van ECK Associates Corp boosted its stake in Gladstone Investment by 6.2% in the third quarter. Van ECK Associates Corp now owns 897,668 shares of the investment management company's stock valued at $12,496,000 after acquiring an additional 52,594 shares in the last quarter. Advisors Asset Management Inc. grew its stake in Gladstone Investment by 6.6% during the 1st quarter. Advisors Asset Management Inc. now owns 162,487 shares of the investment management company's stock worth $2,312,000 after buying an additional 10,018 shares during the last quarter. Blair William & Co. IL increased its position in Gladstone Investment by 0.9% during the 2nd quarter. Blair William & Co. IL now owns 156,333 shares of the investment management company's stock valued at $2,186,000 after buying an additional 1,469 shares in the last quarter. Legacy Capital Wealth Partners LLC purchased a new stake in Gladstone Investment in the second quarter valued at about $1,425,000. Finally, United Advisor Group LLC boosted its holdings in Gladstone Investment by 1.9% in the third quarter. United Advisor Group LLC now owns 70,079 shares of the investment management company's stock worth $1,013,000 after acquiring an additional 1,281 shares in the last quarter. Hedge funds and other institutional investors own 11.85% of the company's stock.

Gladstone Investment Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 20th will be paid a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.02%. The ex-dividend date of this dividend is Friday, December 20th. Gladstone Investment's dividend payout ratio (DPR) is currently 90.57%.

Gladstone Investment Company Profile

Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options.