Gladstone Capital Corporation (NASDAQ:GLAD) Given Coverage Optimism Score of 0.12
News headlines about Gladstone Capital Corporation (NASDAQ:GLAD) have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Gladstone Capital Corporation earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the investment management company an impact score of 100 out of 100, meaning that recent news coverage is extremely likely to have an impact on the stock’s share price in the near future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- Gladstone Capital Corporation – (NASDAQ:GLADO) Sees Unusual Trading Volume in Its Shares – First News 24 (firstnewspaper24.com)
- Gladstone Investment Corporation Announces Adjournment of 2017 … – Nasdaq (nasdaq.com)
- Gladstone Capital’s (GLAD) CEO David Gladstone on Q3 2017 Results – Earnings Call Transcript – Seeking Alpha (seekingalpha.com)
- Gladstone Capital posts 3Q profit (finance.yahoo.com)
- Gladstone Capital Corporation Reports Financial Results for its … – GlobeNewswire (press release) (globenewswire.com)
Gladstone Capital Corporation (GLAD) traded up 0.51% on Friday, hitting $9.92. 88,263 shares of the company were exchanged. Gladstone Capital Corporation has a 52-week low of $7.33 and a 52-week high of $10.12. The firm has a 50 day moving average of $9.86 and a 200-day moving average of $9.62.
Gladstone Capital Corporation (NASDAQ:GLAD) last issued its quarterly earnings results on Wednesday, August 2nd. The investment management company reported $0.21 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.21. The business had revenue of $9.63 million during the quarter, compared to analyst estimates of $10.30 million. Gladstone Capital Corporation had a net margin of 82.86% and a return on equity of 10.03%. Equities analysts expect that Gladstone Capital Corporation will post $0.78 earnings per share for the current year.
The business also recently declared a monthly dividend, which will be paid on Thursday, August 31st. Investors of record on Monday, August 21st will be paid a $0.07 dividend. The ex-dividend date of this dividend is Thursday, August 17th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 8.47%. Gladstone Capital Corporation’s dividend payout ratio (DPR) is presently 62.22%.
A number of research analysts have weighed in on GLAD shares. Zacks Investment Research raised shares of Gladstone Capital Corporation from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a report on Tuesday, May 9th. BidaskClub cut shares of Gladstone Capital Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 17th. Hilliard Lyons upgraded shares of Gladstone Capital Corporation from an “underperform” rating to a “neutral” rating and boosted their target price for the company from $8.50 to $9.25 in a report on Thursday, May 4th. Finally, National Securities reiterated a “sell” rating and issued a $8.00 target price on shares of Gladstone Capital Corporation in a report on Monday, May 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. Gladstone Capital Corporation presently has an average rating of “Hold” and an average target price of $9.56.
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Gladstone Capital Corporation Company Profile
Gladstone Capital Corporation is a closed-end, non-diversified management investment company, operating as a business development company (BDC). The objectives of the Company are to achieve and grow current income by investing in debt securities of established businesses that it believes will provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time, and to provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that it believes can grow over time to permit it to sell its equity investments for capital gains.
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