Gladstone Capital Corporation (GLAD)
Market Cap | 642.88M |
Revenue (ttm) | 95.36M |
Net Income (ttm) | 101.48M |
Shares Out | 22.33M |
EPS (ttm) | 4.63 |
PE Ratio | 6.22 |
Forward PE | 14.26 |
Dividend | $2.38 (8.27%) |
Ex-Dividend Date | Mar 19, 2025 |
Volume | 66,858 |
Open | 29.14 |
Previous Close | 29.01 |
Day's Range | 28.72 - 29.21 |
52-Week Range | 19.20 - 30.43 |
Beta | 1.27 |
Analysts | Hold |
Price Target | 23.00 (-20.11%) |
Earnings Date | Feb 11, 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
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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...
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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...
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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 -...
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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...
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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 ...
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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 ...
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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...
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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...
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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 -...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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2 Monthly Dividends I Will Be Buying After The Interest Rate Cut
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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...
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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...
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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...
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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 C...