Wall Street brokerages expect Gladstone Capital Co. (NASDAQ:GLAD) to report $0.22 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Gladstone Capital’s earnings. The highest EPS estimate is $0.22 and the lowest is $0.21. Gladstone Capital posted earnings of $0.21 per share during the same quarter last year, which suggests a positive year over year growth rate of 4.8%. The firm is expected to report its next quarterly earnings results on Wednesday, November 13th.

On average, analysts expect that Gladstone Capital will report full-year earnings of $0.84 per share for the current fiscal year, with EPS estimates ranging from $0.84 to $0.85. For the next fiscal year, analysts expect that the company will post earnings of $0.85 per share, with EPS estimates ranging from $0.84 to $0.87. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that cover Gladstone Capital.

Gladstone Capital (NASDAQ:GLAD) last posted its quarterly earnings results on Monday, August 5th. 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 $12.89 million for the quarter, compared to the consensus estimate of $12.42 million. Gladstone Capital had a net margin of 9.41% and a return on equity of 10.20%.

Several research analysts recently commented on the stock. Wedbush set a $10.00 price target on shares of Gladstone Capital and gave the stock a “hold” rating in a research note on Tuesday, May 14th. Zacks Investment Research raised shares of Gladstone Capital from a “sell” rating to a “hold” rating in a research note on Thursday, July 11th. TheStreet raised shares of Gladstone Capital from a “c” rating to a “b” rating in a research note on Wednesday, July 3rd. BidaskClub raised shares of Gladstone Capital from a “hold” rating to a “buy” rating in a research report on Saturday, August 3rd. Finally, National Securities reissued a “sell” rating and set a $7.00 target price on shares of Gladstone Capital in a research report on Friday, May 3rd. One research analyst has rated the stock with a sell rating, three have assigned 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 target price of $9.33.

GLAD stock traded up $0.04 during trading on Wednesday, hitting $9.40. The company had a trading volume of 112,400 shares, compared to its average volume of 126,255. The firm has a market capitalization of $276.18 million, a P/E ratio of 11.06 and a beta of 1.18. Gladstone Capital has a 52-week low of $6.41 and a 52-week high of $9.87. The company has a 50 day simple moving average of $9.41 and a 200-day simple moving average of $9.27. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.24.

The firm also recently announced a dividend, which will be paid on Friday, August 30th. Shareholders of record on Tuesday, August 20th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Monday, August 19th. Gladstone Capital’s dividend payout ratio (DPR) is 98.82%.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Marshall Wace North America L.P. purchased a new position in Gladstone Capital during the 1st quarter valued at about $39,000. Winslow Evans & Crocker Inc. increased its position in Gladstone Capital by 115.2% during the 2nd quarter. Winslow Evans & Crocker Inc. now owns 9,900 shares of the investment management company’s stock valued at $94,000 after purchasing an additional 5,300 shares during the period. Prospera Financial Services Inc purchased a new position in Gladstone Capital during the 2nd quarter valued at about $87,000. Good Life Advisors LLC purchased a new position in Gladstone Capital during the 2nd quarter valued at about $115,000. Finally, Wambolt & Associates LLC increased its position in Gladstone Capital by 61.5% during the 2nd quarter. Wambolt & Associates LLC now owns 18,603 shares of the investment management company’s stock valued at $174,000 after purchasing an additional 7,085 shares during the period. 13.22% of the stock is currently owned by institutional investors and hedge funds.

Gladstone Capital Company Profile

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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