Somewhat Positive Press Coverage Somewhat Unlikely to Affect Gladstone Capital Corporation (NASDAQ:GLAD) Share Price
Media headlines about Gladstone Capital Corporation (NASDAQ:GLAD) have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Gladstone Capital Corporation earned a daily sentiment score of 0.06 on Accern’s scale. Accern also assigned media stories about the investment management company an impact score of 46.6754811341769 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- $10.74 Million in Sales Expected for Gladstone Capital Corporation (GLAD) This Quarter (americanbankingnews.com)
- Gladstone Investment Corporatio (NASDAQ:GAINN) Trading Volume Significantly Higher – Modern Readers (modernreaders.com)
- Analysts Expect Gladstone Capital Corporation (NASDAQ:GLAD) Will Announce Earnings of $0.21 Per Share (americanbankingnews.com)
- Edited Transcript of GLAD earnings conference call or presentation 3-Aug-17 12:30pm GMT (finance.yahoo.com)
- Validea John Neff Strategy Daily Upgrade Report – 8/4/2017 – Nasdaq (nasdaq.com)
Gladstone Capital Corporation (NASDAQ:GLAD) last issued its quarterly earnings results on Wednesday, August 2nd. The investment management company reported $0.21 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.21. The company had revenue of $9.63 million for the quarter, compared to the consensus estimate of $10.30 million. Gladstone Capital Corporation had a return on equity of 9.88% and a net margin of 85.01%.
The firm also recently declared a monthly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Monday, August 21st will be given a $0.07 dividend. This represents a $0.84 annualized dividend and a yield of 8.47%. The ex-dividend date is Thursday, August 17th. Gladstone Capital Corporation’s dividend payout ratio is currently 62.22%.
Several brokerages have recently weighed in on GLAD. BidaskClub upgraded shares of Gladstone Capital Corporation from a “sell” rating to a “hold” rating in a research report on Thursday. Hilliard Lyons upgraded shares of Gladstone Capital Corporation from an “underperform” rating to a “neutral” rating and upped their price target for the company from $8.50 to $9.25 in a research report on Thursday, May 4th. Zacks Investment Research upgraded shares of Gladstone Capital Corporation from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a research report on Wednesday, May 31st. Finally, National Securities reissued a “sell” rating and issued a $8.00 price objective on shares of Gladstone Capital Corporation in a research note on Monday, May 8th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $9.56.
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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