Gladstone Capital (GLAD) Earns News Impact Rating of 0.14
News articles about Gladstone Capital (NASDAQ:GLAD) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press 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 negative one to one, with scores nearest to one being the most favorable. Gladstone Capital earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave press coverage about the investment management company an impact score of 46.4028963278094 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Gladstone Capital Co. (GLAD) President Robert L. Marcotte Purchases 11,400 Shares (americanbankingnews.com)
- Q3 2018 EPS Estimates for Gladstone Capital Co. Raised by Wedbush (GLAD) (americanbankingnews.com)
- Gladstone Capital (GLAD) Downgraded to “C+” at TheStreet (americanbankingnews.com)
- Head to Head Contrast: Gladstone Capital (GLAD) vs. OFS Capital (OFS) (americanbankingnews.com)
- Gladstone Capital (GLAD) Upgraded to “Neutral” by National Securities (americanbankingnews.com)
GLAD has been the subject of a number of analyst reports. Ladenburg Thalmann Financial Services raised Gladstone Capital from a “neutral” rating to a “buy” rating in a report on Wednesday. TheStreet cut Gladstone Capital from a “b” rating to a “c+” rating in a report on Tuesday. Zacks Investment Research raised Gladstone Capital from a “sell” rating to a “hold” rating in a report on Wednesday, December 6th. Finally, National Securities raised Gladstone Capital from a “sell” rating to a “neutral” rating and set a $8.00 price target for the company in a report on Tuesday. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $9.16.
Gladstone Capital (NASDAQ:GLAD) last announced its quarterly earnings data on Monday, February 5th. The investment management company reported $0.21 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.21. The business had revenue of $10.86 million during the quarter, compared to the consensus estimate of $10.72 million. Gladstone Capital had a return on equity of 9.97% and a net margin of 58.48%. research analysts forecast that Gladstone Capital will post 0.86 earnings per share for the current year.
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Friday, February 16th will be given a $0.07 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 9.31%. The ex-dividend date of this dividend is Thursday, February 15th. Gladstone Capital’s dividend payout ratio is currently 93.33%.
In other news, President Robert L. Marcotte purchased 11,400 shares of the stock in a transaction on Thursday, February 8th. The stock was purchased at an average price of $9.04 per share, with a total value of $103,056.00. Following the completion of the transaction, the president now owns 405,517 shares in the company, valued at $3,665,873.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Walter H. Wilkinson purchased 6,134 shares of the stock in a transaction on Monday, November 27th. The shares were purchased at an average cost of $9.79 per share, with a total value of $60,051.86. Following the transaction, the director now owns 13,517 shares of the company’s stock, valued at approximately $132,331.43. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 33,734 shares of company stock valued at $318,748. Company insiders own 5.89% of the company’s stock.
Gladstone Capital 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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