Gladstone Capital (GLAD) Set to Announce Earnings on Wednesday

Gladstone Capital (NASDAQ:GLAD) will be releasing its earnings data after the market closes on Wednesday, November 13th. Analysts expect Gladstone Capital to post earnings of $0.53 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Gladstone Capital Trading Up 1.3 %

GLAD stock opened at $25.23 on Monday. Gladstone Capital has a one year low of $19.20 and a one year high of $25.29. The stock has a market cap of $548.75 million, a price-to-earnings ratio of 8.41 and a beta of 1.25. The company has a fifty day moving average price of $23.88 and a two-hundred day moving average price of $23.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.02 and a quick ratio of 0.02.

Gladstone Capital Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 20th will be paid a dividend of $0.165 per share. This represents a $1.98 dividend on an annualized basis and a dividend yield of 7.85%. The ex-dividend date is Friday, December 20th. Gladstone Capital’s dividend payout ratio is presently 66.00%.

Analyst Upgrades and Downgrades

Separately, B. Riley began coverage on shares of Gladstone Capital in a research note on Wednesday, October 23rd. They issued a “neutral” rating and a $23.00 price target on the stock.

About Gladstone Capital

Gladstone Capital Corporation is a business development company specializing in lower middle market, growth capital, add on acquisitions, change of control, buy & build strategies, debt refinancing, debt investments in senior term loans, revolving loans, secured first and second lien term loans, senior subordinated loans, unitranche loans, junior subordinated loans, and mezzanine loans and equity investments in the form of common stock, preferred stock, limited liability company interests, or warrants.