Gladstone Capital Corporation (GLAD)
| Market Cap | 553.11M |
| Revenue (ttm) | 95.36M |
| Net Income (ttm) | 101.48M |
| Shares Out | 22.33M |
| EPS (ttm) | 4.63 |
| PE Ratio | 5.35 |
| Forward PE | 12.27 |
| Dividend | $2.38 (9.61%) |
| Ex-Dividend Date | Jun 20, 2025 |
| Volume | 133,729 |
| Open | 24.87 |
| Previous Close | 24.52 |
| Day's Range | 24.83 - 25.15 |
| 52-Week Range | 20.30 - 30.43 |
| Beta | 1.05 |
| Analysts | Hold |
| Price Target | 23.00 (-7.15%) |
| Earnings Date | May 6, 2025 |
About GLAD
Gladstone Capital Corporation is a business development company specializing in lower middle market, growth capital, add on acquisitions, change of control, buy & build strategies, debt refinancing, debt investments in senior term loans, revolving loans, secured first and second lien term loans, senior subordinated loans, unitranche loans, junior subordinated loans, and mezzanine loans and equity investments in the form of common stock, preferred stock, limited liability company interests, or warrants. It operates as a business development comp... [Read more]
Financial Performance
In 2024, Gladstone Capital's revenue was $96.62 million, an increase of 11.79% compared to the previous year's $86.43 million. Earnings were $94.51 million, an increase of 121.49%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for GLAD stock is "Hold" and the 12-month stock price forecast is $23.0.
News
Gladstone Capital Announces Monthly Cash Distributions for April, May and June 2025 and Conference Call Date
MCLEAN, VA / ACCESS Newswire / April 8, 2025 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions...
How To Navigate BDC Investing In Lower Interest Rate Environment
Lower interest rates negatively impact BDCs' net investment income due to the floating rate nature of their loans tied to the Fed Funds rate. A typical BDC portfolio, with a debt to equity ratio of 1....
Gladstone Capital: A Reliable Income Powerhouse
Gladstone Capital is recommended as a 'Buy' for long-term income investors, with a 7.2% dividend yield. GLAD has shown strong price performance, with a 150% 5Y price return and 290% total return, outp...
Risk-Off Mode In The BDC Market: 1 Overrated And 1 Underrated Pick
BDCs are meant to provide high-dividends, while preserving NAV. However, given the signs both in the stock market and in the real economy on the ground, BDC investors have to be extra careful. Current...
Gladstone Securities Announces Launch of Gladstone Alternative Income Fund and Anticipated March Distribution Declaration Date
MCLEAN, VA / ACCESS Newswire / February 19, 2025 / Gladstone Securities LLC (an affiliated broker-dealer of The Gladstone Companies, Inc.) that acts as dealer manager on alternative investment offerin...
Gladstone Capital: Rising Non-Accruals And Unjustified Premium Valuation (Rating Downgrade)
GLAD's current premium to NAV is unjustified due to weakening earnings, increased non-accruals, and poor dividend coverage, leading to a sell rating. Despite GLAD's attractive 7% dividend yield and mo...
Gladstone Capital (GLAD) Q1 2025 Earnings Call Transcript
Gladstone Capital (NASDAQ:GLAD) Q1 2025 Earnings Conference Call February 12, 2025 8:30 AM ET Company Participants David Gladstone - CEO Michael LiCalsi - General Counsel and Secretary Bob Marcotte -...
Gladstone Capital Corporation Reports Financial Results for its First Quarter Ended December 31, 2024
MCLEAN, VA / ACCESS Newswire / February 11, 2025 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") today announced earnings for its first quarter ended December 31, 2024. Please read the C...
Gladstone Capital Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESS Newswire / February 10, 2025 / Gladstone Capital Corporation (Nasdaq:GLAD) announces the following event: What: Gladstone Capital Corporation's First Fiscal Quarter ended December ...
Preferred Stocks And More
Two new additions to the HDO Bond Ladder: Baby Bonds ECCU and GAINI, both maturing in 2030. As we enter 2025, the fixed-income landscape offers opportunities despite declining short-term rates, with q...
2 High Yield BDCs With Exceptional Value To Price Ratio
BDC investing is primarily about income with less emphasis on growth. One way to activate the second (price appreciation) component is through investing in heavily discounted BDCs. The other, more pru...
Gladstone Capital Announces Monthly Cash Distributions for January, February and March 2025 and Conference Call Date
Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions for January, February and March 2025 and also ...
5 BDCs With High Dividend Resistance To Falling Interest Rates
The financial outlook for many BDCs is not promising. Already lower base rates will continue to depress results in Q4 reports. The trajectory for SOFR is not great either.
Gladstone Capital's Dividend Coverage May Be In Trouble
Gladstone Capital focuses on providing alternative financing to US lower middle-market companies, with a portfolio heavily concentrated in debt investments. Despite recent interest rate cuts, GLAD's n...
Gladstone Capital Announces Retirement of Chief Operating Officer Terry Lee Brubaker
MCLEAN, VA / ACCESSWIRE / November 15, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") announced that Terry Lee Brubaker will be retiring as Chief Operating Officer of the Company e...
Gladstone Capital (GLAD) Q3 2024 Earnings Conference Call Transcript
Gladstone Capital (NASDAQ:GLAD) Q3 2024 Earnings Conference Call November 14, 2024 8:30 AM ET Company Participants David Gladstone - CEO Michael LiCalsi - General Counsel and Secretary Bob Marcotte -...
Gladstone Capital: Q4 Reveals Weakened Dividend Coverage
I maintain a hold rating on Gladstone Capital due to a weaker distribution coverage, lack of non-accrual improvements, and premium price valuation. Gladstone's portfolio strategy focuses on senior sec...
Gladstone Capital Corporation Reports Financial Results for its Fourth Quarter and Fiscal Year Ended September 30, 2024
MCLEAN, VA / ACCESSWIRE / November 13, 2024 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") today announced earnings for its fourth quarter and fiscal year ended September 30, 2024. Plea...
Gladstone Capital Announces $0.40 Supplemental Cash Distribution to Common Stockholders
MCLEAN, VA / ACCESSWIRE / November 12, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") announced today that its board of directors declared the following additional supplemental cas...
Gladstone Capital Corporation Exits its Investment in Antenna Research Associates, Inc.
MCLEAN, VA / ACCESSWIRE / November 4, 2024 / Gladstone Capital Corporation (Nasdaq:GLAD) ("Gladstone Capital") announced today the sale of its equity interest and the prepayment of its debt investment...
Gladstone Securities Expands National Accounts Department
MCLEAN, VA / ACCESSWIRE / November 1, 2024 / Gladstone Securities LLC, an affiliated broker-dealer of The Gladstone Companies that acts as dealer manager on alternative investment offerings for certai...
Gladstone Capital Announces Monthly Cash Distributions for October, November and December 2024 and Conference Call Date
MCLEAN, VA / ACCESSWIRE / October 8, 2024 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions fo...
Gladstone Securities Hires East and West Region Wholesalers
MCLEAN, VA / ACCESSWIRE / October 7, 2024 / Gladstone Securities LLC ("Company"), an affiliated broker-dealer of The Gladstone Companies, that acts as dealer manager on alternative investment offering...
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...
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...