Wall Street brokerages expect that Garrison Capital Inc (NASDAQ:GARS) will post earnings per share (EPS) of $0.22 for the current quarter, according to Zacks. Three analysts have provided estimates for Garrison Capital’s earnings. The lowest EPS estimate is $0.21 and the highest is $0.25. Garrison Capital posted earnings of $0.27 per share in the same quarter last year, which would suggest a negative year over year growth rate of 18.5%. The firm is scheduled to issue its next quarterly earnings report after the market closes on Tuesday, March 5th.

On average, analysts expect that Garrison Capital will report full-year earnings of $0.99 per share for the current financial year, with EPS estimates ranging from $0.93 to $1.02. For the next year, analysts expect that the company will report earnings of $0.93 per share, with EPS estimates ranging from $0.91 to $0.97. Zacks’ earnings per share averages are an average based on a survey of research firms that follow Garrison Capital.

A number of equities research analysts have issued reports on the stock. Zacks Investment Research raised shares of Garrison Capital from a “strong sell” rating to a “hold” rating and set a $8.00 target price for the company in a research note on Tuesday, January 15th. National Securities reissued a “buy” rating and set a $11.00 target price on shares of Garrison Capital in a research note on Monday, November 12th. Finally, ValuEngine lowered shares of Garrison Capital from a “hold” rating to a “sell” rating in a research note on Thursday, November 1st.

Several large investors have recently modified their holdings of the business. Clear Harbor Asset Management LLC boosted its stake in shares of Garrison Capital by 3.5% during the 4th quarter. Clear Harbor Asset Management LLC now owns 91,885 shares of the investment management company’s stock valued at $591,000 after buying an additional 3,098 shares during the period. National Asset Management Inc. lifted its stake in shares of Garrison Capital by 24.8% in the 4th quarter. National Asset Management Inc. now owns 18,603 shares of the investment management company’s stock valued at $120,000 after purchasing an additional 3,700 shares during the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of Garrison Capital by 18.9% in the 4th quarter. Oppenheimer & Co. Inc. now owns 24,526 shares of the investment management company’s stock valued at $158,000 after purchasing an additional 3,901 shares during the last quarter. Stephens Inc. AR lifted its stake in shares of Garrison Capital by 19.6% in the 4th quarter. Stephens Inc. AR now owns 26,809 shares of the investment management company’s stock valued at $172,000 after purchasing an additional 4,395 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Garrison Capital in the 3rd quarter valued at $122,000. 25.70% of the stock is owned by institutional investors.

Shares of NASDAQ:GARS traded up $0.04 during trading on Tuesday, reaching $7.49. 7,278 shares of the company traded hands, compared to its average volume of 20,921. The firm has a market capitalization of $119.98 million, a P/E ratio of 7.00 and a beta of 0.67. Garrison Capital has a 1-year low of $6.03 and a 1-year high of $8.95. The company has a quick ratio of 3.11, a current ratio of 3.11 and a debt-to-equity ratio of 1.35.

Garrison Capital Company Profile

Garrison Capital Inc is a business development company specializing in investments primarily in the debt and equity of middle market companies. It seeks to invest in first lien senior secured loans, second lien senior secured loans, “one-stop” senior secured or “unitranche” loans, subordinated or mezzanine loans, unsecured consumer loans and to a lesser extent, selected equity co-investments in middle-market companies, warrants and minority equity securities in United States middle-market companies.

Further Reading: What is the QQQ ETF?

Get a free copy of the Zacks research report on Garrison Capital (GARS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Garrison Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Garrison Capital and related companies with MarketBeat.com's FREE daily email newsletter.