Gladstone Investment Corporation (NASDAQ: GAIN) recently received a number of ratings updates from brokerages and research firms:

  • 11/7/2017 – Gladstone Investment Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Gladstone Investment Corporation is an investment company that seeks to make equity-type investments in small and mid-sized private businesses in the U.S. “
  • 11/6/2017 – Gladstone Investment Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $12.00 price target on the stock. According to Zacks, “Gladstone Investment Corporation is an investment company that seeks to make equity-type investments in small and mid-sized private businesses in the U.S. “
  • 11/4/2017 – Gladstone Investment Corporation was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 11/3/2017 – Gladstone Investment Corporation had its price target raised by analysts at Jefferies Group LLC from $9.00 to $10.00. They now have a “hold” rating on the stock.
  • 10/3/2017 – Gladstone Investment Corporation was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Gladstone Investment Corporation is an investment company that seeks to make equity-type investments in small and mid-sized private businesses in the U.S. “

Shares of Gladstone Investment Corporation (GAIN) opened at $10.98 on Tuesday. The stock has a market cap of $355.51, a PE ratio of 15.84 and a beta of 0.71. Gladstone Investment Corporation has a 52-week low of $7.95 and a 52-week high of $11.15.

Gladstone Investment Corporation (NASDAQ:GAIN) last released its quarterly earnings data on Wednesday, November 1st. The investment management company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.01. The company had revenue of $13.13 million during the quarter, compared to analysts’ expectations of $12.22 million. Gladstone Investment Corporation had a net margin of 80.07% and a return on equity of 6.95%. analysts anticipate that Gladstone Investment Corporation will post 0.71 EPS for the current year.

The business also recently disclosed a special dividend, which will be paid on Friday, December 15th. Shareholders of record on Tuesday, December 5th will be given a $0.06 dividend. The ex-dividend date is Monday, December 4th. This represents a yield of 7.93%. Gladstone Investment Corporation’s dividend payout ratio (DPR) is 57.78%.

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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