Gladstone Investment Corporation (GAIN)
Stock Price:
$8.83 USD
-0.09 (-1.01%)
Updated Oct 23, 2020 4:00 PM EDT - Market closed
Pre-market: $8.80 -0.03 (-0.34%) Oct 26, 8:14 AM
Key Info
| Market Cap |
293.20M |
| Revenue (ttm) |
55.32M |
| Net Income (ttm) |
-13.24M |
| Shares Out |
33.21M |
| EPS (ttm) |
-0.40 |
| PE Ratio |
n/a |
| Forward PE |
20.28 |
| Dividend |
$0.84 |
| Dividend Yield |
9.51% |
Stock Quote
| Trading Day |
Oct 23, 2020 |
| Last Price |
$8.83 |
| Previous Close |
$8.92 |
| Change ($) |
-0.09 |
| Change (%) |
-1.01% |
| Day's Open |
8.98 |
| Day's Range |
8.81 - 9.05 |
| Day's Volume |
121,666 |
| 52-Week Range |
6.43 - 15.34 |
More Stats
| Market Cap |
293.20M |
| Enterprise Value |
354.73M |
| Earnings Date (est) |
Nov 3, 2020 |
| Ex-Dividend Date |
Oct 22, 2020 |
| Shares Outstanding |
33.21M |
| Float |
32.33M |
| EPS (basic) |
-0.40 |
| EPS (diluted) |
-0.40 |
| FCF / Share |
1.22 |
| Dividend |
$0.84 |
| Dividend Yield |
9.51% |
| Earnings Yield |
n/a |
| FCF Yield |
13.81% |
| Payout Ratio |
n/a |
| Shares Short |
746,748 |
| Short Ratio |
4.07 |
| Short % of Float |
2.31% |
| Beta |
1.35 |
| PE Ratio |
n/a |
| Forward PE |
20.28 |
| P/FCF Ratio |
7.24 |
| PS Ratio |
5.30 |
| PB Ratio |
0.82 |
| Revenue |
55.32M |
| Operating Income |
45.36M |
| Net Income |
-13.24M |
| Free Cash Flow |
40.49M |
| Net Cash |
-61.53M |
| Net Cash / Share |
-1.85 |
| Gross Margin |
111.94% |
| Operating Margin |
81.99% |
| Profit Margin |
-23.90% |
| FCF Margin |
73.19% |
| ROA |
3.62% |
| ROE |
-3.46% |
| ROIC |
-1.50% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (5)
| Buy |
0 |
| Overweight |
0 |
| Hold |
5 |
| Underweight |
0 |
| Sell |
0 |
Price Target
$9.31*
(5.44% upside)
Low
8.00
Current: $8.83
High
10.00
Target: 9.31
*Average 12-month price target from 4 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 61.92 | 59.66 | 58.36 | 51.88 | 50.96 | 41.64 | 36.26 | 30.54 | 21.24 | 26.06 |
| Revenue Growth | 3.79% | 2.24% | 12.49% | 1.81% | 22.36% | 14.83% | 18.75% | 43.76% | -18.5% | - |
| Gross Profit | 56.60 | 30.17 | 40.59 | 40.71 | 38.98 | 31.95 | 28.38 | 23.87 | 18.00 | 19.82 |
| Operating Income | 50.17 | 24.05 | 36.47 | 36.52 | 34.74 | 28.69 | 25.26 | 21.26 | 15.17 | 17.35 |
| Net Income | -7.23 | 81.59 | 60.69 | 44.76 | 24.85 | 50.21 | -1.33 | 17.28 | 21.97 | 16.44 |
| Shares Outstanding | 32.87 | 32.81 | 32.27 | 30.27 | 30.27 | 26.67 | 26.48 | 24.19 | 22.08 | 22.08 |
| Earnings Per Share | -0.22 | 2.49 | 1.88 | 1.48 | 0.82 | 1.88 | -0.05 | 0.71 | 0.99 | 0.74 |
| EPS Growth | - | 32.45% | 27.03% | 80.49% | -56.38% | - | - | -28.28% | 33.78% | - |
| Dividend Per Share | 1.03 | 0.93 | 0.89 | 0.75 | 0.75 | 0.72 | 0.71 | 0.60 | 0.62 | 0.48 |
| Dividend Growth | 10.97% | 4.03% | 19.2% | -0.27% | 4.44% | 1.41% | 18.33% | -2.44% | 28.13% | - |
| Operating Cash Flow | 35.31 | 93.62 | -29.73 | 32.60 | 4.08 | -97.55 | -33.61 | -39.73 | -48.67 | 67.08 |
| Free Cash Flow | 35.31 | 93.62 | -29.73 | 32.60 | 4.08 | -97.55 | -33.61 | -39.73 | -48.67 | 67.08 |
| Cash & Equivalents | 4.06 | 3.61 | 3.97 | 4.10 | 5.59 | 5.18 | 9.87 | 86.53 | 93.47 | 85.08 |
| Total Debt | 54.30 | 58.10 | 113 | 74.80 | 100 | 124 | 66.70 | 94.87 | 76.01 | 40.00 |
| Net Cash / Debt | -50.24 | -54.49 | -109 | -70.70 | -94.51 | -119 | -56.83 | -8.34 | 17.47 | 45.08 |
| Assets | 576 | 635 | 611 | 515 | 503 | 484 | 331 | 380 | 325 | 241 |
| Liabilities | 207 | 228 | 257 | 214 | 224 | 210 | 110 | 139 | 118 | 42.28 |
| Book Value | 369 | 407 | 354 | 301 | 279 | 273 | 221 | 241 | 207 | 199 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Gladstone Investment Corporation |
| Country |
United States |
| CEO |
David J. Gladstone |
Stock Information
| Ticker Symbol |
GAIN |
| Stock Exchange |
NASDAQ |
| Sector |
Financial Services |
| Industry |
Asset Management |
| Unique Identifier |
NASDAQ: GAIN |
| IPO Date |
June 23, 2005 |
Description
Gladstone Investment Corporation is a private equity fund specializing in lower middle market, acquisitions, mature stage, buyouts; recapitalizations; 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 seek to invest in manufacturing, consumer products and business services/ distribution sector. It seeks to invest in small and mid-sized companies based in the United States. The fund prefers to make debt investments between $5 million and $30 million and equity investments between $10 million and $40 million in companies. The fund seeks to invest in companies with sales between $20 million and $100 million. The fund invest in companies with EBITDA from $3 million to $20 million. It seeks minority equity ownership and prefers to hold a board seat in its portfolio companies. It also prefers to take majority stake in its portfolio companies. The fund typically holds its investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party.