Garrison Capital (NASDAQ:GARS) is set to post its quarterly earnings results after the market closes on Tuesday, November 12th. Analysts expect Garrison Capital to post earnings of $0.23 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
Garrison Capital (NASDAQ:GARS) last released its quarterly earnings data on Friday, August 9th. The investment management company reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. Garrison Capital had a negative net margin of 6.63% and a positive return on equity of 7.98%. The business had revenue of $10.70 million during the quarter, compared to the consensus estimate of $10.76 million. On average, analysts expect Garrison Capital to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
GARS opened at $6.70 on Monday. The firm has a 50-day simple moving average of $6.74 and a two-hundred day simple moving average of $6.92. Garrison Capital has a 52 week low of $6.03 and a 52 week high of $7.99. The company has a market capitalization of $106.89 million, a PE ratio of 6.63 and a beta of 0.57. The company has a quick ratio of 3.18, a current ratio of 3.18 and a debt-to-equity ratio of 2.10.
Several research analysts have commented on the stock. Zacks Investment Research downgraded shares of Garrison Capital from a “buy” rating to a “hold” rating in a report on Wednesday, October 16th. ValuEngine raised shares of Garrison Capital from a “sell” rating to a “hold” rating in a report on Wednesday, September 4th.
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.
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