Equities research analysts expect that Gladstone Capital Co. (NASDAQ:GLAD) will announce earnings per share (EPS) of $0.21 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Gladstone Capital’s earnings. Gladstone Capital posted earnings of $0.22 per share during the same quarter last year, which suggests a negative year over year growth rate of 4.5%. The firm is expected to announce its next earnings results on Tuesday, July 30th.

According to Zacks, analysts expect that Gladstone Capital will report full year earnings of $0.84 per share for the current financial year, with EPS estimates ranging from $0.84 to $0.85. For the next financial year, analysts expect that the business will report earnings of $0.85 per share, with EPS estimates ranging from $0.84 to $0.87. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Gladstone Capital.

Gladstone Capital (NASDAQ:GLAD) last released its quarterly earnings data on Wednesday, May 1st. The investment management company reported $0.21 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.01). The company had revenue of $12.52 million for the quarter, compared to analyst estimates of $12.60 million. Gladstone Capital had a return on equity of 10.12% and a net margin of 16.24%.

A number of research firms have weighed in on GLAD. Wedbush set a $10.00 price objective on Gladstone Capital and gave the stock a “hold” rating in a research note on Tuesday. BidaskClub raised Gladstone Capital from a “hold” rating to a “buy” rating in a research note on Thursday, May 9th. National Securities reissued a “sell” rating and set a $7.00 price objective on shares of Gladstone Capital in a research note on Friday, May 3rd. Finally, Zacks Investment Research raised Gladstone Capital from a “sell” rating to a “hold” rating in a research note on Wednesday, April 24th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $9.33.

Institutional investors have recently made changes to their positions in the company. Marshall Wace North America L.P. acquired a new position in shares of Gladstone Capital in the 1st quarter valued at $39,000. West Oak Capital LLC lifted its stake in shares of Gladstone Capital by 500.0% in the 1st quarter. West Oak Capital LLC now owns 6,000 shares of the investment management company’s stock valued at $54,000 after purchasing an additional 5,000 shares during the last quarter. PFG Advisors acquired a new position in shares of Gladstone Capital in the 4th quarter valued at $84,000. Wambolt & Associates LLC acquired a new position in shares of Gladstone Capital in the 1st quarter valued at $106,000. Finally, TCI Wealth Advisors Inc. lifted its stake in shares of Gladstone Capital by 53.4% in the 4th quarter. TCI Wealth Advisors Inc. now owns 25,082 shares of the investment management company’s stock valued at $183,000 after purchasing an additional 8,733 shares during the last quarter. 11.59% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ GLAD opened at $9.40 on Tuesday. The firm has a market cap of $276.49 million, a price-to-earnings ratio of 11.08 and a beta of 1.28. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.22. Gladstone Capital has a fifty-two week low of $6.41 and a fifty-two week high of $9.87.

The firm also recently declared a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Wednesday, May 22nd will be paid a $0.07 dividend. This represents a $0.84 annualized dividend and a dividend yield of 8.94%. The ex-dividend date is Tuesday, May 21st. Gladstone Capital’s dividend payout ratio (DPR) is presently 98.82%.

About Gladstone Capital

Gladstone Capital Corporation is a private equity and a venture capital fund specializing in lower middle market, growth capital, add on acquisitions, debt investments in senior loans, second lien loans, senior subordinated loans, junior subordinated loans, and mezzanine loans and equity investments in the form of common stock, preferred stock, limited liability company interests, or warrants.

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Earnings History and Estimates for Gladstone Capital (NASDAQ:GLAD)

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