Wall Street brokerages expect Gladstone Capital Co. (NASDAQ:GLAD) to announce $0.21 earnings per share for the current quarter, according to Zacks. Two analysts have provided estimates for Gladstone Capital’s earnings. Gladstone Capital also posted earnings of $0.21 per share during the same quarter last year. The firm is scheduled to announce its next quarterly earnings report on Wednesday, February 14th.

On average, analysts expect that Gladstone Capital will report full year earnings of $0.86 per share for the current year, with EPS estimates ranging from $0.84 to $0.89. For the next financial year, analysts expect that the firm will report earnings of $0.85 per share. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that follow Gladstone Capital.

Gladstone Capital (NASDAQ:GLAD) last issued its quarterly earnings results on Monday, November 20th. The investment management company reported $0.21 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.21. Gladstone Capital had a net margin of 43.78% and a return on equity of 9.94%. The company had revenue of $10.83 million for the quarter, compared to the consensus estimate of $10.72 million.

GLAD has been the topic of several research reports. Zacks Investment Research downgraded shares of Gladstone Capital from a “hold” rating to a “sell” rating in a report on Monday, November 27th. National Securities restated a “sell” rating and issued a $8.00 price objective on shares of Gladstone Capital in a research report on Wednesday, November 22nd. Ladenburg Thalmann Financial Services began coverage on Gladstone Capital in a research report on Friday, October 6th. They issued a “neutral” rating on the stock. Finally, Wedbush began coverage on Gladstone Capital in a research report on Wednesday, September 27th. They issued a “neutral” rating and a $9.40 price objective on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. Gladstone Capital currently has a consensus rating of “Hold” and a consensus target price of $9.16.

In other Gladstone Capital news, Director Walter H. Wilkinson bought 6,134 shares of the firm’s stock in a transaction dated Monday, November 27th. The shares were purchased at an average price of $9.79 per share, for a total transaction of $60,051.86. Following the transaction, the director now directly owns 13,517 shares of the company’s stock, valued at approximately $132,331.43. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President Robert L. Marcotte bought 8,200 shares of the firm’s stock in a transaction dated Friday, December 15th. The shares were acquired at an average price of $9.40 per share, for a total transaction of $77,080.00. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 22,334 shares of company stock worth $215,692. Insiders own 5.89% of the company’s stock.

Several large investors have recently made changes to their positions in GLAD. CIBC World Markets Inc. purchased a new position in shares of Gladstone Capital during the 2nd quarter valued at approximately $114,000. OxFORD Asset Management LLP purchased a new position in shares of Gladstone Capital during the 3rd quarter valued at approximately $151,000. D.A. Davidson & CO. lifted its position in shares of Gladstone Capital by 142.9% during the 3rd quarter. D.A. Davidson & CO. now owns 22,271 shares of the investment management company’s stock valued at $211,000 after buying an additional 13,104 shares in the last quarter. GSA Capital Partners LLP purchased a new position in shares of Gladstone Capital during the 2nd quarter valued at approximately $299,000. Finally, Janney Montgomery Scott LLC lifted its position in shares of Gladstone Capital by 68.5% during the 3rd quarter. Janney Montgomery Scott LLC now owns 43,549 shares of the investment management company’s stock valued at $414,000 after buying an additional 17,709 shares in the last quarter. Hedge funds and other institutional investors own 14.34% of the company’s stock.

Gladstone Capital (GLAD) opened at $9.39 on Wednesday. Gladstone Capital has a fifty-two week low of $8.67 and a fifty-two week high of $10.12. The company has a debt-to-equity ratio of 0.42, a current ratio of 4.33 and a quick ratio of 4.33. The firm has a market cap of $250.88, a P/E ratio of 14.01 and a beta of 1.23.

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Friday, February 16th will be given a $0.07 dividend. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $0.84 annualized dividend and a yield of 8.95%. Gladstone Capital’s dividend payout ratio is presently 125.37%.

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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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