Several large investors have changed their stakes in Gladstone Capital. nVerses Capital LLC invested around $37,000 in the second quarter. Creekmur Asset Management LLC bought $67,000 worth of shares in the fourth quarter. Register Financial Advisors LLC acquired $69,000 in the first quarter. National Bank of Canada FI purchased shares valued at $98,000 in the second quarter. Atomi Financial Group Inc. increased its stake by 10.4% in the first quarter and now holds 27,748 shares worth $298,000. Currently, hedge funds and institutional investors own 10.72% of the stock.
Gladstone Capital Stock Performance
Shares of NASDAQ:GLAD opened at $23.97 on Friday. The market cap is $521.44 million, with a PE ratio of 8.68. The stock has a 12-month low of $18.40 and a high of $24.73. It has a debt-to-equity ratio of 0.15, and its moving averages are $23.08 (50-day) and $22.47 (200-day).
Gladstone Capital reported quarterly earnings on August 7th, with an EPS of $0.57, beating estimates of $0.53. The net margin was 78.40%, and the revenue was $25.69 million, surpassing estimates of $24.69 million. Analysts predict earnings of 2.14 per share for this year.
Gladstone Capital Dividend Announcement
The company announced a monthly dividend of $0.165 per share paid on September 30th, with an annualized dividend of $1.98 (8.26% yield). The payout ratio stands at 71.74%.
Gladstone Capital Company Profile
Gladstone Capital Corporation is a business development company focusing on lower middle market investments, including growth capital and various debt and equity financing options.
Recommended Stories
- Five stocks we like better than Gladstone Capital
- What is Forex and How Does it Work?
- When Is the Best Time to Invest in Mutual Funds?
- What are earnings reports?
- Is NVIDIA Stock in a Correction or Consolidation?
- Stock Market Upgrades: What Are They?
- 3 Oversold Stocks with Big RSI Rebound Potential
Receive News & Ratings for Gladstone Capital Daily – Enter your email address below for a daily summary of the latest news and analyst ratings for Gladstone Capital and related companies with MarketBeat.com’s FREE daily email newsletter.
`
