Summary
24.14 0.17(0.71%)10/04/2024
Gladstone Capital Corp. (GLAD)
Gladstone Capital Corp. (GLAD)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.71 | -0.08 | 7.15 | 1.77 | 146.60 | 162.68 | 267.43 | 839.30 |
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| Trading Data | ||
| Close | 24.14 | |
| Open | 24.14 | |
| High | 24.15 | |
| Low | 24.02 | |
| Volume | 49,159 | |
| Change | 0.17 | |
| Change % | 0.71 | |
| Avg Volume (20 Days) | 145,145 | |
| Volume/Avg Volume (20 Days) Ratio | 0.34 | |
| 52 Week Range | 9.20 - 24.73 | |
| Price vs 52 Week High | -2.39% | |
| Price vs 52 Week Low | 162.39% | |
| Range | 0.00 | |
| Gap Up/Down | 0.10 | |
Fundamentals | ||
| Market Capitalization (Mln) | 513 | |
| EBIDTA | 0 | |
| PE Ratio | 5.1319 | |
| PEG Ratio | 2.3116 | |
| WallStreet Target Price | 22.00 | |
| Book Value | 9.9010 | |
| Earnings Per Share | 4.3200 | |
| EPS Estimate Current Quarter | 0.5500 | |
| EPS Estimate Next Quarter | 0.5500 | |
| EPS Estimate Current Year | 2.1000 | |
| EPS Estimate Next Year | 2.0400 | |
| Diluted EPS (TTM) | 4.3200 | |
| Revenues | ||
| Profit Marging | 0.7316 | |
| Operating Marging (TTM) | 0.7063 | |
| Return on asset (TTM) | 0.0571 | |
| Return on equity (TTM) | 0.1773 | |
| Revenue TTM | 93,797,000 | |
| Revenue per share TTM | 4.1760 | |
| Quarterly Revenue Growth (YOY) | 0.1670 | |
| Quarterly Earnings Growth (YOY) | -0.1710 | |
| Gross Profit (TTM) | 63,150,000 | |
| Dividends | ||
| Dividend Share | 1.8450 | |
| Dividend Yield | 0.0893 | |
| Valuations | ||
| Trailing PE | 5.1319 | |
| Forward PE | 8.0064 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.0582 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 21,754,500 | |
| Shares Float | 0 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.01 | |
| Insider (%) | 2.87 | |
| Institutions (%) | 11.60 | |
09/14 07:00 EST - seekingalpha.com
2 Monthly Dividends I Will Be Buying After The Interest Rate Cut
The Fed is about to cut interest rates, which should start pushing down the overall yield levels. While this will render a less interesting environment for dividend investors to pick securities, there are also some specific names, where the lower financing costs will unlock notable value. In this article, I elaborate on two monthly paying dividend stocks that should become even more attractive after the Fed reduces the interest rates.
2 Monthly Dividends I Will Be Buying After The Interest Rate Cut
The Fed is about to cut interest rates, which should start pushing down the overall yield levels. While this will render a less interesting environment for dividend investors to pick securities, there are also some specific names, where the lower financing costs will unlock notable value. In this article, I elaborate on two monthly paying dividend stocks that should become even more attractive after the Fed reduces the interest rates.
09/14 03:05 EST - seekingalpha.com
Gladstone Capital: 9% Yield, Improving Coverage, 1.12x NAV
Gladstone Capital offers a covered 9% yield, paid monthly, but trades at a 12% premium to NAV, suggesting it's fully valued. The BDC's portfolio is primarily in First and Second Lien debt, with a fair value of $757.8 million, despite a 4% QoQ decline. Improved net investment income boosted the dividend pay-out ratio, but a higher non-accrual ratio poses a risk to the credit profile.
Gladstone Capital: 9% Yield, Improving Coverage, 1.12x NAV
Gladstone Capital offers a covered 9% yield, paid monthly, but trades at a 12% premium to NAV, suggesting it's fully valued. The BDC's portfolio is primarily in First and Second Lien debt, with a fair value of $757.8 million, despite a 4% QoQ decline. Improved net investment income boosted the dividend pay-out ratio, but a higher non-accrual ratio poses a risk to the credit profile.
08/28 04:05 EST - seekingalpha.com
Gladstone Capital: Just Pause For Now
Gladstone Capital benefits from rising interest rates, but potential rate cuts could negatively impact its net investment income and dividend sustainability. Despite strong dividend coverage currently, GLAD's heavy reliance on floating rate investments makes future dividend sustainability uncertain if rates decline significantly. Trading at a premium to NAV, GLAD's valuation does not fully account for the risk of interest rate cuts, leading me to rate it as a hold.
Gladstone Capital: Just Pause For Now
Gladstone Capital benefits from rising interest rates, but potential rate cuts could negatively impact its net investment income and dividend sustainability. Despite strong dividend coverage currently, GLAD's heavy reliance on floating rate investments makes future dividend sustainability uncertain if rates decline significantly. Trading at a premium to NAV, GLAD's valuation does not fully account for the risk of interest rate cuts, leading me to rate it as a hold.
08/24 09:41 EST - seekingalpha.com
2 High Yield BDCs With One Of The Lowest Debt Profiles
The outlook for BDCs is not that bright, especially for those names that have chosen risk-seeking strategies. The headwinds include lower interest rates, increased corporate distress, and inactive M&A and capital markets. However, just as in any asset class or sector, there are exceptions.
2 High Yield BDCs With One Of The Lowest Debt Profiles
The outlook for BDCs is not that bright, especially for those names that have chosen risk-seeking strategies. The headwinds include lower interest rates, increased corporate distress, and inactive M&A and capital markets. However, just as in any asset class or sector, there are exceptions.
08/23 13:30 EST - seekingalpha.com
Gladstone Capital Is Better Prepared Than Its Affiliated Fund
Gladstone Capital is a relatively small BDC focusing on US lower middle market companies through debt and equity investments. Target entities have EBITDA ranging from $3m to $25m. GLAD's portfolio has a higher share of first-lien debt investments and lower non-accruals than a close peer. As a result, its dividend has better coverage. Nevertheless, the Company remains exposed to market-driven risk factors such as potential recession (rising non-accruals) and interest rate cuts (worse dividend coverage).
Gladstone Capital Is Better Prepared Than Its Affiliated Fund
Gladstone Capital is a relatively small BDC focusing on US lower middle market companies through debt and equity investments. Target entities have EBITDA ranging from $3m to $25m. GLAD's portfolio has a higher share of first-lien debt investments and lower non-accruals than a close peer. As a result, its dividend has better coverage. Nevertheless, the Company remains exposed to market-driven risk factors such as potential recession (rising non-accruals) and interest rate cuts (worse dividend coverage).
08/22 16:30 EST - accesswire.com
Gladstone Capital Corporation Announces Election of Katharine Cornell Gorka as Director
MCLEAN, VA / ACCESSWIRE / August 22, 2024 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") announced that Katharine Cornell Gorka has been elected to the 2027 class of Directors for the Company, effective August 22, 2024. Ms. Gorka, 64, is the President of Threat Knowledge Group, which provides training and expertise on threats to U.S. national security, and also serves as the chair of the Fairfax County Republican Party.
Gladstone Capital Corporation Announces Election of Katharine Cornell Gorka as Director
MCLEAN, VA / ACCESSWIRE / August 22, 2024 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") announced that Katharine Cornell Gorka has been elected to the 2027 class of Directors for the Company, effective August 22, 2024. Ms. Gorka, 64, is the President of Threat Knowledge Group, which provides training and expertise on threats to U.S. national security, and also serves as the chair of the Fairfax County Republican Party.
08/21 08:46 EST - 247wallst.com
5 Small-Cap Ultra-High-Yield Stocks That Pay Dividends as High as 14%
24/7 Wall St. Insights After a brief rally in the sector, small-cap stocks have pulled back again.
5 Small-Cap Ultra-High-Yield Stocks That Pay Dividends as High as 14%
24/7 Wall St. Insights After a brief rally in the sector, small-cap stocks have pulled back again.
08/18 10:58 EST - seekingalpha.com
Gladstone Capital: Solid Distribution Coverage But Rising Non-Accruals (Rating Downgrade)
Gladstone Capital operates as a business development company that focuses on making debt investments to middle market companies. GLAD's portfolio strategy has exposure to 94% floating rate investments, which has helped them capitalize on higher interest rates. However, interest rates may get cut and negatively impact earnings. GLAD's Q3 earnings showed a 14% increase in net investment income.
Gladstone Capital: Solid Distribution Coverage But Rising Non-Accruals (Rating Downgrade)
Gladstone Capital operates as a business development company that focuses on making debt investments to middle market companies. GLAD's portfolio strategy has exposure to 94% floating rate investments, which has helped them capitalize on higher interest rates. However, interest rates may get cut and negatively impact earnings. GLAD's Q3 earnings showed a 14% increase in net investment income.
08/14 17:00 EST - accesswire.com
Gladstone Capital Announces Financing To Support RPM
MCLEAN, VA / ACCESSWIRE / August 14, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) ("Gladstone Capital" or "Gladstone") is pleased to announce the completion of a junior debt facility in support of Bluejay Capital Partners (‘Bluejay Capital" or "Bluejay") and Trive Capital's ("Trive") acquisition of RPM Freight Systems, LLC ("RPM"), a technology-driven, asset-light provider of transportation management solutions to new and used finished vehicle logistics and other specialized freight markets in North America and Europe. Headquartered in Royal Oak, Michigan, and serving 30+ countries across North America and Europe, RPM provides data driven solutions to serve OEMs, online dealers, re-marketing firms, and more in all their finished vehicle transport and component freight needs.
Gladstone Capital Announces Financing To Support RPM
MCLEAN, VA / ACCESSWIRE / August 14, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) ("Gladstone Capital" or "Gladstone") is pleased to announce the completion of a junior debt facility in support of Bluejay Capital Partners (‘Bluejay Capital" or "Bluejay") and Trive Capital's ("Trive") acquisition of RPM Freight Systems, LLC ("RPM"), a technology-driven, asset-light provider of transportation management solutions to new and used finished vehicle logistics and other specialized freight markets in North America and Europe. Headquartered in Royal Oak, Michigan, and serving 30+ countries across North America and Europe, RPM provides data driven solutions to serve OEMs, online dealers, re-marketing firms, and more in all their finished vehicle transport and component freight needs.
08/12 13:01 EST - zacks.com
Gladstone Capital (GLAD) Upgraded to Buy: Here's Why
Gladstone Capital (GLAD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Gladstone Capital (GLAD) Upgraded to Buy: Here's Why
Gladstone Capital (GLAD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
08/08 09:25 EST - seekingalpha.com
Gladstone Capital (GLAD) Q3 2024 Earnings Call Transcript
Gladstone Capital (NASDAQ:GLAD ) Q3 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants David Gladstone - Chief Executive Officer Michael LiCalsi - General Counsel and Secretary Bob Marcotte - President Nicole Schaltenbrand - Chief Financial Officer and Treasurer Conference Call Participants Robert Dodd - Raymond James Operator Greetings, and welcome to the Gladstone Capital Corporation Third Quarter Earnings Call. At this time, all participants are in a listen-only mode.
Gladstone Capital (GLAD) Q3 2024 Earnings Call Transcript
Gladstone Capital (NASDAQ:GLAD ) Q3 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants David Gladstone - Chief Executive Officer Michael LiCalsi - General Counsel and Secretary Bob Marcotte - President Nicole Schaltenbrand - Chief Financial Officer and Treasurer Conference Call Participants Robert Dodd - Raymond James Operator Greetings, and welcome to the Gladstone Capital Corporation Third Quarter Earnings Call. At this time, all participants are in a listen-only mode.
08/07 20:30 EST - zacks.com
Compared to Estimates, Gladstone Capital (GLAD) Q3 Earnings: A Look at Key Metrics
The headline numbers for Gladstone Capital (GLAD) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Compared to Estimates, Gladstone Capital (GLAD) Q3 Earnings: A Look at Key Metrics
The headline numbers for Gladstone Capital (GLAD) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
08/07 18:35 EST - zacks.com
Gladstone Capital (GLAD) Surpasses Q3 Earnings and Revenue Estimates
Gladstone Capital (GLAD) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.62 per share a year ago.
Gladstone Capital (GLAD) Surpasses Q3 Earnings and Revenue Estimates
Gladstone Capital (GLAD) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.62 per share a year ago.
08/07 16:15 EST - accesswire.com
Gladstone Capital Corporation Reports Financial Results for its Third Quarter Ended June 30, 2024
MCLEAN, VA / ACCESSWIRE / August 7, 2024 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") today announced earnings for its third fiscal quarter ended June 30, 2024. Please read the Company's Quarterly Report on Form 10-Q filed today with the U.S. Securities and Exchange Commission (the "SEC"), which is available on the SEC's website at www.sec.gov and the Investors section of the Company's website at www.GladstoneCapital.com.
Gladstone Capital Corporation Reports Financial Results for its Third Quarter Ended June 30, 2024
MCLEAN, VA / ACCESSWIRE / August 7, 2024 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") today announced earnings for its third fiscal quarter ended June 30, 2024. Please read the Company's Quarterly Report on Form 10-Q filed today with the U.S. Securities and Exchange Commission (the "SEC"), which is available on the SEC's website at www.sec.gov and the Investors section of the Company's website at www.GladstoneCapital.com.
08/06 08:30 EST - accesswire.com
Gladstone Capital Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESSWIRE / August 6, 2024 / Gladstone Capital Corporation (Nasdaq:GLAD) announces the following event: What: Gladstone Capital Corporation's Third Fiscal Quarter ended June 30, 2024Earnings Call & Webcast When: Thursday, August 8, 2024 @ 8:30 a.m. Eastern Time Website: https://event.choruscall.com/mediaframe/webcast.html?webcastid=Is7FKBM3 How: By webcast -- Log on to the web at the address above By phone -- Please call (866) 424-3437 Contact: Gladstone Capital Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through August 15, 2024.
Gladstone Capital Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESSWIRE / August 6, 2024 / Gladstone Capital Corporation (Nasdaq:GLAD) announces the following event: What: Gladstone Capital Corporation's Third Fiscal Quarter ended June 30, 2024Earnings Call & Webcast When: Thursday, August 8, 2024 @ 8:30 a.m. Eastern Time Website: https://event.choruscall.com/mediaframe/webcast.html?webcastid=Is7FKBM3 How: By webcast -- Log on to the web at the address above By phone -- Please call (866) 424-3437 Contact: Gladstone Capital Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through August 15, 2024.
07/27 08:30 EST - seekingalpha.com
3 Stocks That Will Likely Reward Dividend Investors With Stellar Total Returns
Long-term investing requires resilient businesses with strong fundamentals and exceptional management teams. Diversification is key when building a portfolio, with 10-15 stocks recommended for long-term investors. Three stocks, Agree Realty, Main Street Capital, and Visa, are highlighted for potential stellar returns over the next decade.
3 Stocks That Will Likely Reward Dividend Investors With Stellar Total Returns
Long-term investing requires resilient businesses with strong fundamentals and exceptional management teams. Diversification is key when building a portfolio, with 10-15 stocks recommended for long-term investors. Three stocks, Agree Realty, Main Street Capital, and Visa, are highlighted for potential stellar returns over the next decade.
07/24 13:50 EST - investorplace.com
Seeking Steady Payments? Try these 3 High-Yield Monthly Dividend Stocks
Monthly dividend stocks are attractive for income investors who are looking for more frequent payouts. Most stocks that pay dividends do so on a quarterly or semi-annual schedule.
Seeking Steady Payments? Try these 3 High-Yield Monthly Dividend Stocks
Monthly dividend stocks are attractive for income investors who are looking for more frequent payouts. Most stocks that pay dividends do so on a quarterly or semi-annual schedule.
07/24 11:33 EST - seekingalpha.com
Opportunities In Income Securities That Have Lagged The Rally
Income assets and financial markets have surged, with only local EM debt in the red year-to-date, due to dollar strength. Our countercyclical approach has led to the culling of high-flyers like BDC Gladstone Capital and the CEF Nuveen Preferred and Income Term Fund. We highlight opportunities in securities that have lagged the market across the CEF and BDC sectors.
Opportunities In Income Securities That Have Lagged The Rally
Income assets and financial markets have surged, with only local EM debt in the red year-to-date, due to dollar strength. Our countercyclical approach has led to the culling of high-flyers like BDC Gladstone Capital and the CEF Nuveen Preferred and Income Term Fund. We highlight opportunities in securities that have lagged the market across the CEF and BDC sectors.
07/19 23:59 EST - seekingalpha.com
BDC Weekly Review: Early Earnings Guidance Is Bullish For The Sector
We take a look at the action in business development companies through the second week of July and highlight some of the key themes we are watching. BDCs had a solid week with an 0.8% average total return. Early indicators of Q2 earnings results from Saratoga Investment and PennantPark show solid performance, suggesting positive total NAV returns for the sector.
BDC Weekly Review: Early Earnings Guidance Is Bullish For The Sector
We take a look at the action in business development companies through the second week of July and highlight some of the key themes we are watching. BDCs had a solid week with an 0.8% average total return. Early indicators of Q2 earnings results from Saratoga Investment and PennantPark show solid performance, suggesting positive total NAV returns for the sector.
07/09 16:05 EST - accesswire.com
Gladstone Capital Announces Monthly Cash Distributions for July, August and September 2024 and Conference Call Date
MCLEAN, VA / ACCESSWIRE / July 9, 2024 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions for July, August and September 2024 and also announced its plan to report earnings for its third fiscal quarter ended June 30, 2024. Cash Distributions: Common Stock: $0.165 per share of common stock for each of July, August and September 2024, payable per the table below.
Gladstone Capital Announces Monthly Cash Distributions for July, August and September 2024 and Conference Call Date
MCLEAN, VA / ACCESSWIRE / July 9, 2024 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions for July, August and September 2024 and also announced its plan to report earnings for its third fiscal quarter ended June 30, 2024. Cash Distributions: Common Stock: $0.165 per share of common stock for each of July, August and September 2024, payable per the table below.