Gladstone Investment Corporation (GAIN)

NASDAQ: GAIN · Real-Time Price · USD
13.48
-0.14 (-1.03%)
At close: Nov 20, 2024, 4:00 PM
13.45
-0.03 (-0.22%)
After-hours: Nov 20, 2024, 7:16 PM EST
-1.03%
Market Cap 494.56M
Revenue (ttm) 91.47M
Net Income (ttm) 38.12M
Shares Out 36.69M
EPS (ttm) 1.06
PE Ratio 12.72
Forward PE 14.49
Dividend $0.96 (7.12%)
Ex-Dividend Date Dec 20, 2024
Volume 102,833
Open 13.59
Previous Close 13.62
Day's Range 13.45 - 13.65
52-Week Range 12.46 - 14.96
Beta 1.32
Analysts Hold
Price Target 13.75 (+2.0%)
Earnings Date Nov 7, 2024

About GAIN

Gladstone Investment Corporation is a 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. The fund does not invest in start-ups. The fund se... [Read more]

Sector Financials
IPO Date Jun 23, 2005
Employees 70
Stock Exchange NASDAQ
Ticker Symbol GAIN
Full Company Profile

Financial Performance

In 2023, Gladstone Investment's revenue was $87.31 million, an increase of 7.07% compared to the previous year's $81.54 million. Earnings were $85.31 million, an increase of 139.98%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for GAIN stock is "Hold." The 12-month stock price forecast is $13.75, which is an increase of 2.00% from the latest price.

Price Target
$13.75
(2.00% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Investing In BDCs For 10%+ Yields? This Is What Matters Now

When investing for 10%+ BDC yields, investors have to pay extra attention to leverage, dividend coverage, and portfolio quality. Going into Q3, 2024 earnings season, my expectation was that we would s...

21 hours ago - Seeking Alpha

Gladstone Investment Announces Retirement of Chief Operating Officer Terry Lee Brubaker

MCLEAN, VA / ACCESSWIRE / November 15, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced that Terry Lee Brubaker will be retiring as Chief Operating Officer of the Compan...

5 days ago - Accesswire

Gladstone Investment: High And Reliable Monthly Income BDC With Strong Fundamentals

Gladstone Investment has been one of my favorite monthly income plays in the BDC sector since late 2023. While the returns have been slightly below sector average, the base dividend has become even sa...

7 days ago - Seeking Alpha

Gladstone Investment (GAIN) Q2 2025 Earnings Call Transcript

Gladstone Investment (NASDAQ:GAIN) Q2 2025 Earnings Call Transcript November 8, 2024 8:30 AM ET Company Participants David Gladstone - CEO Michael LiCalsi - General Counsel and Secretary Dave Dullum ...

12 days ago - Seeking Alpha

Gladstone Investment Corporation Reports Financial Results for its Second Quarter Ended September 30, 2024

MCLEAN, VA / ACCESSWIRE / November 7, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") today announced earnings for its second fiscal quarter ended September 30, 2024. Please read...

13 days ago - Accesswire

Gladstone Investment Corporation Earnings Call and Webcast Information

MCLEAN, VA / ACCESSWIRE / November 6, 2024 / Gladstone Investment Corporation (NASDAQ:GAIN) announces the following event: What: Gladstone Investment Corporation's Second Fiscal Quarter Ended Septembe...

14 days ago - Accesswire

BDC Weekly Review: Dividend Capture Is A Tough Gig

We take a look at the action in business development companies through the second week of October and highlight some of the key themes we are watching. BDCs were down on the week, with PSEC and TPVG u...

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4 weeks ago - Seeking Alpha

Gladstone Investment Announces Monthly Cash Distributions for October, November and December 2024, and Earnings Release and Conference Call Dates for the Second Fiscal Quarter

MCLEAN, VA / ACCESSWIRE / October 8, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced today that its board of directors declared the following monthly cash distributions...

6 weeks ago - Accesswire

Assessing Gladstone Investment's Performance For Q2 2024

Gladstone Investment slightly outperformed in terms of NAV growth, with positive surprises in portfolio company valuations. Adjusted NII slightly underperformed, with minimal activity in the investmen...

7 weeks ago - Seeking Alpha

Gladstone Investment: No Margin Of Safety (Rating Downgrade)

Gladstone Investment Corporation's dividend coverage has deteriorated, with a 100% pay-out ratio, raising the risk of a dividend cut. The central bank's recent rate cuts negatively impact Gladstone's ...

7 weeks ago - Seeking Alpha

BDC Weekly Review: Incentive Fee Structures Will Start To Matter Again

We take a look at the action in business development companies through the third week of September and highlight some of the key themes we are watching. BDCs were flat this week, with GAIN leading the...

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7 weeks ago - Seeking Alpha

2 Lessons From BDCs That Recently Cut Their Dividends

The fears of BDC dividends becoming unsustainable are rising. The primary driver for this is falling interest rates. While I fully appreciate this risk, in my opinion, by being very selective, investo...

7 weeks ago - Seeking Alpha

Gladstone Investment Announces Updated Payment Date for $0.70 Supplemental Distribution to Common Stockholders

MCLEAN, VA / ACCESSWIRE / September 26, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced today that as a result of the October 14, 2024 federal holiday the Company's tra...

7 weeks ago - Accesswire

2 Business Development Companies To Buy Before Mergers And Acquisitions Heat Up

The Federal Reserve's recent rate cut will have a complex impact on business development companies. Many BDCs will face headwinds due to falling net investment income as SOFR begins to fall. MAIN and ...

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7 weeks ago - Seeking Alpha

Gladstone Investment: Stagnating Price With Increasing Value Creation Potential

On a YTD basis, Gladstone Investment has delivered flat total return performance. The most recent earnings report included some negatives that fully warrant a more cautionary stance by the market. Yet...

2 months ago - Seeking Alpha

Gladstone Investment Announces $0.70 Supplemental Distribution to Common Stockholders

MCLEAN, VA / ACCESSWIRE / September 17, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced today that its board of directors declared the following additional supplemental...

2 months ago - Accesswire

Gladstone Investment Corporation Exits its Investment in Nth Degree, Inc.

MCLEAN, VA / ACCESSWIRE / September 16, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) ("Gladstone Investment") announced today the sale of its portfolio company Nth Degree, Inc. ("Nth Degree")...

2 months ago - Accesswire

3 Pillars To Minimize BDC Dividend Cut Risk In Your Portfolio

It is very likely that for most BDCs, the earnings have peaked and the direction of travel is unfavorable. There are both structural and transitory headwinds that put a pressure on earnings, rendering...

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2 months ago - Seeking Alpha

Gladstone Investment: Valuation Becomes Attractive Again, Long-Term Income Opportunity

Gladstone Investment is a rather unique BDC with a focus on buy-outs, providing both debt and equity financing, leading to higher potential returns but with greater risk. Recent earnings disappointed,...

2 months ago - Seeking Alpha

Gladstone Investment Announces Election of Katharine Cornell Gorka as Director

MCLEAN, VA / ACCESSWIRE / August 22, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced that Katharine Cornell Gorka has been elected to the 2027 class of Directors for th...

3 months ago - Accesswire

Gladstone Investment: There's A Risk Of Dividend Cut

Gladstone Investment is a BDC focusing on lower middle market US entities with EBITDA of $4m to $15m, with a stock trading at a 2.5% premium to NAV. GAIN's portfolio is oriented around floating-rated ...

3 months ago - Seeking Alpha

Gladstone Investment (GAIN) Q1 2025 Earnings Call Transcript

Gladstone Investment (NASDAQ:GAIN) Q1 2025 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants David Gladstone - Chairman and Chief Executive Officer Michael LiCalsi - General Cou...

3 months ago - Seeking Alpha

Gladstone Investment Corporation Reports Financial Results for its First Quarter Ended June 30, 2024

MCLEAN, VA / ACCESSWIRE / August 5, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") today announced earnings for its first fiscal quarter ended June 30, 2024. Please read the Com...

3 months ago - Accesswire

Gladstone Investment Corporation Expands its Investment in Nocturne Luxury Villas via an Acquisition of Grand Cayman Villas and Condos

MCLEAN, VA / ACCESSWIRE / August 5, 2024 / Gladstone Investment Corporation (NASDAQ:GAIN) ("Gladstone Investment") announced today that it has increased its investment of debt support of its equity po...

3 months ago - Accesswire

Monthly Dividend Stocks: 5 Tempting Plays Yielding Up To 8.6%

Let's talk about monthly dividend payers today because, well, why waste our valuable time with stocks that only pay quarterly?

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4 months ago - Forbes