Gladstone Capital Corporation (GLAD)

NASDAQ: GLAD · Real-Time Price · USD
24.64
-0.47 (-1.85%)
At close: Oct 22, 2024, 4:00 PM
24.59
-0.05 (-0.20%)
After-hours: Oct 22, 2024, 4:15 PM EDT
-1.85%
Market Cap 536.03M
Revenue (ttm) 96.66M
Net Income (ttm) 75.79M
Shares Out 21.75M
EPS (ttm) 3.56
PE Ratio 6.92
Forward PE 11.78
Dividend $1.98 (8.04%)
Ex-Dividend Date Dec 20, 2024
Volume 155,247
Open 25.05
Previous Close 25.11
Day's Range 24.61 - 25.15
52-Week Range 18.56 - 25.29
Beta 1.25
Analysts Hold
Price Target 23.00 (-6.66%)
Earnings Date Nov 13, 2024

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]

Sector Financials
Founded 2001
Country United States
Stock Exchange NASDAQ
Ticker Symbol GLAD
Full Company Profile

Financial Performance

In 2023, Gladstone Capital's revenue was $86.43 million, an increase of 36.87% compared to the previous year's $63.15 million. Earnings were $42.67 million, an increase of 114.26%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for GLAD stock is "Hold" and the 12-month stock price forecast is $23.0.

Price Target
$23.0
(-6.66% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

14 days ago - Accesswire

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...

Other symbols: GOODLAND
15 days ago - Accesswire

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...

5 weeks ago - Seeking Alpha

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...

5 weeks ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

2 High Yield BDCs With One Of The Lowest Debt Profiles

The outlook for BDCs is not that bright, especially for those names that have chosen risk-seeking strategies. The headwinds include lower interest rates, increased corporate distress, and inactive M&A...

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2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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...

2 months ago - Accesswire

Gladstone Capital: Solid Distribution Coverage But Rising Non-Accruals (Rating Downgrade)

Gladstone Capital operates as a business development company that focuses on making debt investments to middle market companies. GLAD's portfolio strategy has exposure to 94% floating rate investments...

2 months ago - Seeking Alpha

Gladstone Capital Announces Financing To Support RPM

MCLEAN, VA / ACCESSWIRE / August 14, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) ("Gladstone Capital" or "Gladstone") is pleased to announce the completion of a junior debt facility in support ...

2 months ago - Accesswire

Gladstone Capital (GLAD) Q3 2024 Earnings Call Transcript

Gladstone Capital (NASDAQ:GLAD) Q3 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants David Gladstone - Chief Executive Officer Michael LiCalsi - General Counsel and Secreta...

2 months ago - Seeking Alpha

Gladstone Capital Corporation Reports Financial Results for its Third Quarter Ended June 30, 2024

MCLEAN, VA / ACCESSWIRE / August 7, 2024 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") today announced earnings for its third fiscal quarter ended June 30, 2024. Please read the Compan...

2 months ago - Accesswire

Gladstone Capital Corporation Earnings Call and Webcast Information

MCLEAN, VA / ACCESSWIRE / August 6, 2024 / Gladstone Capital Corporation (Nasdaq:GLAD) announces the following event: What: Gladstone Capital Corporation's Third Fiscal Quarter ended June 30, 2024Earn...

2 months ago - Accesswire

Opportunities In Income Securities That Have Lagged The Rally

Income assets and financial markets have surged, with only local EM debt in the red year-to-date, due to dollar strength. Our countercyclical approach has led to the culling of high-flyers like BDC Gl...

3 months ago - Seeking Alpha

BDC Weekly Review: Early Earnings Guidance Is Bullish For The Sector

We take a look at the action in business development companies through the second week of July and highlight some of the key themes we are watching. BDCs had a solid week with an 0.8% average total re...

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3 months ago - Seeking Alpha

Gladstone Capital Announces Monthly Cash Distributions for July, August and September 2024 and Conference Call Date

MCLEAN, VA / ACCESSWIRE / July 9, 2024 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions for J...

3 months ago - Accesswire

Why I Am Buying Dividend Stocks For My Retirement As A Young Millennial

My objective is to retire early without sacrificing living standards or tapping into portfolio holdings. To deliver on this objective, I have devised a de-risked high dividend income investing strateg...

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4 months ago - Seeking Alpha

Gladstone Capital: Monthly 8.7% Yielding BDC I Would Buy On A Pullback

Gladstone Capital is a quality monthly-paying BDC with a respectable track record and performed strongly with its share price up roughly 20% in the past year. The BDC reported a slight decline in net ...

4 months ago - Seeking Alpha

Gladstone Capital: Diversified BDC Trading At Attractive Valuation

Gladstone Capital operates as a business development company, providing financing and support to lower middle market businesses that have an EBITDA between $3M - $25M. The stock has provided a total r...

5 months ago - Seeking Alpha

BDC Weekly Review: Market Hates Income Misses

We take a look at the action in business development companies through the first week of May and highlight some of the key themes we are watching.

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5 months ago - Seeking Alpha

Gladstone Capital (GLAD) Q2 2024 Earnings Call Transcript

Gladstone Capital (NASDAQ:GLAD) Q2 2024 Results Conference Call May 2, 2024 8:30 AM ET Company Participants David Gladstone - Chairman and CEO Michael LiCalsi - General Counsel and Secretary Bob Marc...

6 months ago - Seeking Alpha

Gladstone Capital Corporation Reports Financial Results for Its Second Quarter Ended March 31, 2024

MCLEAN, VA / ACCESSWIRE / May 1, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") today announced earnings for its second fiscal quarter ended March 31, 2024. Please read the Company...

6 months ago - Accesswire

2 Winning Bonds For 2024, Yields Up To 9%

Baby bonds are an amalgamation of the reliability of debt and the accessibility of equity. Thanks to the hawkish Federal Reserve, our bond ladder build-out has become easier. We discuss two investment...

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6 months ago - Seeking Alpha

BDC Weekly Wrap: BDCs And Excess Risk-Adjusted Returns

We take a look at the action in business development companies through the second week of April and highlight some of the key themes we are watching. BDCs were mostly down on the week along with the r...

6 months ago - Seeking Alpha

Gladstone Capital: Good Entry Point For This Strongly Performing BDC

We take a look at the business development company Gladstone Capital, whose valuation has dipped into attractive territory. Gladstone Capital operates in the lower middle-market segment, targeting com...

6 months ago - Seeking Alpha