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Gladstone CapitalNASDAQ: GLAD

Profile

Country:

United States

IPO:

02 August 2002

Next earnings report:

06 February 2025

Last dividends:

22 October 2024

Next dividends:

20 December 2024
$575.44 M
-4%vs. 3y high
50%vs. sector
-85%vs. 3y high
3%vs. sector
-8%vs. 3y high
46%vs. sector
-77%vs. 3y high
83%vs. sector

Price

after hours | Thu, 21 Nov 2024 00:18:43 GMT
$25.77-$1.21(-4.48%)
$33.11 M$24.40 M
$33.11 M$31.94 M

Analysts recommendations

Institutional Ownership

GLAD Latest News

Gladstone Capital's Dividend Coverage May Be In Trouble
seekingalpha.com17 November 2024 Sentiment: NEUTRAL

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 net investment income still covers its regular monthly dividend payments, though future cuts may challenge this coverage. GLAD typically trades at a premium to net asset value, aiding capital gathering, but economic and Fed-related uncertainties may lead to higher stock price volatility.

Gladstone Capital Announces Retirement of Chief Operating Officer Terry Lee Brubaker
accesswire.com15 November 2024 Sentiment: NEUTRAL

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 effective December 2, 2024. Mr. Brubaker is also retiring as director and executive officer of Gladstone Management Corporation, the Company's investment adviser, and as a member of the board of managers and an executive officer of Gladstone Administration, LLC, the Company's administrator, also effective December 2, 2024.

Gladstone Capital: Q4 Reveals Weakened Dividend Coverage
seekingalpha.com14 November 2024 Sentiment: NEUTRAL

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 secured debt, providing lower risk and stability, but the recent slowdown in new investments is concerning. GLAD stock's current dividend yield of 7.7% is attractive, but the potential for a dividend cut exists if interest rates continue to fall and negatively impact earnings.

Gladstone Capital (GLAD) Q4 Earnings and Revenues Miss Estimates
zacks.com13 November 2024 Sentiment: NEUTRAL

Gladstone Capital (GLAD) came out with quarterly earnings of $0.50 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.56 per share a year ago.

Gladstone Capital Corporation Reports Financial Results for its Fourth Quarter and Fiscal Year Ended September 30, 2024
accesswire.com13 November 2024 Sentiment: NEUTRAL

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. Please read the Company's Annual Report on Form 10-K filed today with the U.S. Securities and Exchange Commission (the "SEC"), which is available on the SEC's website at www.sec.gov and the Investors section of the Company's website at www.GladstoneCapital.com.

Gladstone Capital Corporation Earnings Call and Webcast Information
accesswire.com12 November 2024 Sentiment: NEUTRAL

MCLEAN, VA / ACCESSWIRE / November 12, 2024 / Gladstone Capital Corporation (Nasdaq:GLAD) announces the following event: What: Gladstone Capital Corporation's Fourth Fiscal Quarter ended September 30, 2024 Earnings Call & Webcast When: Thursday, November 14, 2024 @ 8:30 a.m. Eastern Time Website: https://event.choruscall.com/mediaframe/webcast.html?webcastid=pT6trqFd How: By webcast -- Log on to the web at the address above By phone -- Please call (866) 424-3437 Contact: Gladstone Capital Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through November 21, 2024.

Earnings Preview: Gladstone Capital (GLAD) Q4 Earnings Expected to Decline
zacks.com04 November 2024 Sentiment: NEGATIVE

Gladstone Capital (GLAD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Gladstone Capital Corporation Exits its Investment in Antenna Research Associates, Inc.
accesswire.com04 November 2024 Sentiment: POSITIVE

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 in Antenna Research Associates, Inc. ("ARA"). As a result of this transaction, Gladstone Capital realized a significant gain on its equity investment.

Gladstone Capital Announces Monthly Cash Distributions for October, November and December 2024 and Conference Call Date
accesswire.com08 October 2024 Sentiment: POSITIVE

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 for October, November and December 2024 and also announced its plan to report earnings for its fourth fiscal quarter ended September 30, 2024. Cash Distributions: Common Stock: $0.165 per share of common stock for each of October, November and December 2024, payable per the table below.

2 Monthly Dividends I Will Be Buying After The Interest Rate Cut
seekingalpha.com14 September 2024 Sentiment: POSITIVE

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 are also some specific names, where the lower financing costs will unlock notable value. In this article, I elaborate on two monthly paying dividend stocks that should become even more attractive after the Fed reduces the interest rates.

  • 1(current)
  • 2

What type of business is Gladstone Capital?

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 company. The fund also makes private equity investments in acquisitions, buyouts and recapitalizations, and refinancing existing debts. It targets small and medium-sized companies in United States. It is industry agnostic and seeks to invest in companies engaged in the business services, light and specialty manufacturing, niche industrial products and services, specialty consumer products and services, energy services, transportation and logistics, healthcare and education services, specialty chemicals, media and communications and aerospace and defense. The fund seeks to invest between $7 million and $30 million in companies that have between $20 million and $150 million in sales and EBITDA between $3 million and $25 million. It prefers to acquire minority stakes. It seeks to exit its investments through strategic acquisitions by other industry participants or financial buyers, initial public offerings of common stock, or other capital market transactions.

What sector is Gladstone Capital in?

Gladstone Capital is in the Financial Services sector

What industry is Gladstone Capital in?

Gladstone Capital is in the Asset Management industry

What country is Gladstone Capital from?

Gladstone Capital is headquartered in United States

When did Gladstone Capital go public?

Gladstone Capital initial public offering (IPO) was on 02 August 2002

What is Gladstone Capital website?

https://www.gladstonecapital.com

Is Gladstone Capital in the S&P 500?

No, Gladstone Capital is not included in the S&P 500 index

Is Gladstone Capital in the NASDAQ 100?

No, Gladstone Capital is not included in the NASDAQ 100 index

Is Gladstone Capital in the Dow Jones?

No, Gladstone Capital is not included in the Dow Jones index

When was Gladstone Capital the previous earnings report?

No data

When does Gladstone Capital earnings report?

The next expected earnings date for Gladstone Capital is 06 February 2025