Gladstone Investment Corporation (GAIN)
Market Cap | 486.12M |
Revenue (ttm) | 91.47M |
Net Income (ttm) | 38.12M |
Shares Out | 36.69M |
EPS (ttm) | 1.06 |
PE Ratio | 12.50 |
Forward PE | 14.25 |
Dividend | $0.96 (7.25%) |
Ex-Dividend Date | Mar 19, 2025 |
Volume | 140,379 |
Open | 13.30 |
Previous Close | 13.28 |
Day's Range | 13.18 - 13.37 |
52-Week Range | 12.46 - 14.85 |
Beta | 1.30 |
Analysts | Hold |
Price Target | 13.75 (+3.77%) |
Earnings Date | Feb 12, 2025 |
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]
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 StatementsAnalyst 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 3.77% from the latest price.
News
Gladstone Investment Announces Monthly Cash Distributions for January, February and March 2025, and Earnings Release and Conference Call Dates for the Third Fiscal Quarter
Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced today that its board of directors declared the following monthly cash distributions to common stockholders. The Company also an...
D.A. Davidson Acts as Sell-Side Advisor to Nielsen-Kellerman on Its Sale to Gladstone Investment Corporation
SALT LAKE CITY--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as the exclusive sell-side financial advisor to Nielsen-Kellerman Acquisition Corp. (“Nielsen-Kellerman” or the “Com...
Proteus Enterprises Acquires Ricardo Defense Inc., Leading System Integrator for US Army Systems
WASHINGTON , Jan. 8, 2025 /PRNewswire/ -- Proteus Enterprises ("Proteus"), a Maryland-based Aerospace, Defense and Government Services holding company, today announced that it acquired Ricardo Defense...
Gladstone Investment Corporation Acquires the Ricardo Defense Business
MCLEAN, VA / ACCESSWIRE / January 2, 2025 / Gladstone Investment Corporation (NASDAQ:GAIN) ("Gladstone Investment") is pleased to announce its acquisition of Ricardo Defense Systems, LLC and Ricardo D...
GAINI: A 7.875% Baby Bond IPO From Gladstone Investment Corporation
Gladstone Investment's new 7.875% baby bond, GAINI, offers a solid yield with a maturity date of 12/01/2030 and is callable from 02/01/2027. The company's financials show sufficient coverage for inter...
Preferreds Weekly Review: Fixed-Rate Preferreds Underperform
We take a look at the action in preferreds and baby bonds through the second week of December and highlight some of the key themes we are watching. All preferred stock sectors declined as longer-term ...
Gladstone Investment Corporation Acquires Nielsen-Kellerman
MCLEAN, VA / ACCESSWIRE / December 20, 2024 / Gladstone Investment Corporation (NASDAQ:GAIN) ("Gladstone Investment") is pleased to announce its acquisition of Nielsen-Kellerman, Inc. ("Nielsen-Keller...
Gladstone Investment Corporation Enters Into Definitive Agreement to Acquire the Ricardo Defense Business
MCLEAN, VA / ACCESSWIRE / December 19, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) ("Gladstone Investment") announced today that on December 13, 2024, it, along with Proteus Enterprises LLC,...
Gladstone Investment Corporation Prices Public Offering of 7.875% Notes due 2030
MCLEAN, VA / ACCESSWIRE / December 10, 2024 / Gladstone Investment Corporation (NASDAQ:GAIN) (the "Company") today announced that it priced a public offering of $110.0 million aggregate principal amou...
Gladstone Investment Corporation Announces Notes Offering
MCLEAN, VA / ACCESSWIRE / December 9, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") today announced that it plans to make a public offering of Notes due 2030 (the "Notes"). The...
Gladstone Investment Corporation Acquires Pyrotek Special Effects
MCLEAN, VA / ACCESSWIRE / November 25, 2024 / Gladstone Investment Corporation (NASDAQ:GAIN) ("Gladstone Investment") announced today that on November 22, 2024, it partnered with Scott Dunlop and the ...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...