Gladstone Capital (NASDAQ:GLAD) Upgraded by B. Riley to Hold Rating

B. Riley upgraded shares of Gladstone Capital (NASDAQ:GLAD) to a hold rating in a research note issued to investors on Monday,Zacks.com reports. B. Riley also issued estimates for Gladstone Capital’s Q1 2026 earnings at $0.50 EPS, Q2 2026 earnings at $0.50 EPS, Q3 2026 earnings at $0.50 EPS, Q4 2026 earnings at $0.50 EPS and FY2026 earnings at $2.00 EPS.

Gladstone Capital Stock Performance

Shares of Gladstone Capital stock opened at $26.64 on Monday. Gladstone Capital has a one year low of $21.40 and a one year high of $30.43. The firm has a market capitalization of $594.87 million, a price-to-earnings ratio of 6.76 and a beta of 1.01. The business has a 50-day simple moving average of $25.82 and a 200 day simple moving average of $27.26. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.04 and a quick ratio of 0.04.

Gladstone Capital (NASDAQ:GLAD) last issued its quarterly earnings data on Tuesday, May 6th. The investment management company reported $0.50 EPS for the quarter, hitting analysts’ consensus estimates of $0.50. The firm had revenue of $21.57 million during the quarter, compared to analyst estimates of $22.95 million. Gladstone Capital had a return on equity of 9.85% and a net margin of 93.42%. On average, research analysts anticipate that Gladstone Capital will post 2.03 earnings per share for the current fiscal year.

Gladstone Capital Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 22nd were issued a dividend of $0.165 per share. This represents a yield of 7.57%. The ex-dividend date of this dividend was Wednesday, May 21st. Gladstone Capital’s dividend payout ratio is currently 50.25%.

Hedge Funds Weigh In On Gladstone Capital

Several institutional investors have recently modified their holdings of GLAD. Raymond James Financial Inc. bought a new position in shares of Gladstone Capital in the fourth quarter valued at approximately $840,000. Ameriflex Group Inc. bought a new position in shares of Gladstone Capital in the fourth quarter valued at approximately $406,000. Mackenzie Financial Corp bought a new position in shares of Gladstone Capital in the first quarter valued at approximately $363,000. LPL Financial LLC grew its holdings in shares of Gladstone Capital by 8.5% in the fourth quarter. LPL Financial LLC now owns 154,580 shares of the investment management company’s stock valued at $4,396,000 after acquiring an additional 12,064 shares in the last quarter. Finally, Aquatic Capital Management LLC bought a new position in shares of Gladstone Capital in the fourth quarter valued at approximately $246,000. 10.72% of the stock is owned by institutional investors.

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.