Gladstone Investment Corporation (GAIN) Earns Media Sentiment Score of 0.19
Media coverage about Gladstone Investment Corporation (NASDAQ:GAIN) has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Gladstone Investment Corporation earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media coverage about the investment management company an impact score of 46.80 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Gladstone Investment Corporation (NASDAQ:GAIN) last posted its quarterly earnings results on Wednesday, November 1st. The investment management company reported $0.18 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.01. The business had revenue of $13.13 million for the quarter, compared to the consensus estimate of $12.22 million. Gladstone Investment Corporation had a return on equity of 6.95% and a net margin of 55.52%.
The company also recently declared a special dividend, which will be paid on Friday, December 15th. Shareholders of record on Tuesday, December 5th will be paid a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, December 4th. This represents a yield of 7.93%. Gladstone Investment Corporation’s payout ratio is presently 83.87%.
Several equities research analysts recently commented on the company. Jefferies Group LLC reaffirmed a “hold” rating and set a $9.00 price objective on shares of Gladstone Investment Corporation in a research report on Friday, July 14th. BidaskClub cut Gladstone Investment Corporation from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Zacks Investment Research cut Gladstone Investment Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd. Finally, ValuEngine cut Gladstone Investment Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, August 17th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Gladstone Investment Corporation currently has a consensus rating of “Hold” and a consensus target price of $9.50.
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Gladstone Investment Corporation Company Profile
Gladstone Investment Corporation is an externally managed, closed-end, non-diversified management investment company. The Company’s investment objectives 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 provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities, generally in combination with the aforementioned debt securities, of businesses that it believes can grow over time to permit it to sell its equity investments for capital gains.
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