Financial Services -
Asset Management - NASDAQ - US
$ 23.06
-6.26 %
$ 515 M
Market Cap
4.97
P/E
1. INTRINSIC VALUE
Balance Sheet
Gladstone Capital Corporation
| Current Assets | 8.23 M |
| Cash & Short-Term Investments | 2.3 M |
| Receivables | 5.92 M |
| Other Current Assets | 0 |
| Non-Current Assets | 796 M |
| Long-Term Investments | 796 M |
| PP&E | 0 |
| Other Non-Current Assets | 0 |
| Current Liabilities | 8.6 M |
| Accounts Payable | 4.15 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 4.46 M |
| Non-Current Liabilities | 79.7 M |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 79.7 M |
EFFICIENCY
Earnings Waterfall
Gladstone Capital Corporation
| Revenue | 96.6 M |
| Cost Of Revenue | 0 |
| Gross Profit | 96.6 M |
| Operating Expenses | 1.97 M |
| Operating Income | 94.7 M |
| Other Expenses | 145 K |
| Net Income | 94.5 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Gladstone Capital Corporation
| Net Income | 94.5 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 179 K |
| Others | -91.6 M |
| Free Cash Flow | 3.24 M |
Wall Street Analysts Price Targets
Gladstone Capital Corporation
Wall Street analysts predict an average 1-year price target for GLAD of $23 , with forecasts ranging from
a
low of
$23 to a high of $23 .
GLAD Lowest Price Target
Wall Street Target
23 USD
-0.26%
GLAD Average Price Target
Wall Street Target
23 USD
-0.26%
GLAD Highest Price Target
Wall Street Target
23 USD
-0.26%
4. DIVIDEND
ANALYSIS
3.15%
DIVIDEND YIELD
0.165 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Gladstone Capital Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
424 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
How To Navigate BDC Investing In Lower Interest Rate Environment
Lower interest rates negatively impact BDCs' net investment income due to the floating rate nature of their loans tied to the Fed Funds rate. A typical BDC portfolio, with a debt to equity ratio of 1.0x, cannot fully offset lower rates through floating leverage. However, there are some ways to manage this situation.
seekingalpha.com
- 2 weeks ago
Gladstone Capital: A Reliable Income Powerhouse
Gladstone Capital is recommended as a 'Buy' for long-term income investors, with a 7.2% dividend yield. GLAD has shown strong price performance, with a 150% 5Y price return and 290% total return, outperforming the BIZD. The company's low leverage (0.68x) mitigates the impact of both the small portfolio size and the 7.4% decline in TII.
seekingalpha.com
- 3 weeks ago
Risk-Off Mode In The BDC Market: 1 Overrated And 1 Underrated Pick
BDCs are meant to provide high-dividends, while preserving NAV. However, given the signs both in the stock market and in the real economy on the ground, BDC investors have to be extra careful. Currently, BDCs face several headwinds, which increase the risk of dividend cuts and price declines, especially within the more speculative and high-multiple segments.
seekingalpha.com
- 4 weeks ago
Gladstone Capital: Rising Non-Accruals And Unjustified Premium Valuation (Rating Downgrade)
GLAD's current premium to NAV is unjustified due to weakening earnings, increased non-accruals, and poor dividend coverage, leading to a sell rating. Despite GLAD's attractive 7% dividend yield and monthly payouts, the dividend coverage is weak, risking potential cuts if portfolio conditions worsen. GLAD's portfolio is diversified but small, with significant exposure to floating rate investments. This increases the overall vulnerability and impact of underperforming borrowers.
seekingalpha.com
- 2 months ago
Gladstone Capital (GLAD) Q1 2025 Earnings Call Transcript
Gladstone Capital (NASDAQ:GLAD ) Q1 2025 Earnings Conference Call February 12, 2025 8:30 AM ET Company Participants David Gladstone - CEO Michael LiCalsi - General Counsel and Secretary Bob Marcotte - President Nicole Schaltenbrand - CFO and Treasurer Conference Call Participants Mickey Schleien - Ladenburg Thalmann Robert Dodd - Raymond James Operator Greetings, and welcome to the Gladstone Capital Corporation First Quarter Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
seekingalpha.com
- 2 months ago
Gladstone Capital (GLAD) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Gladstone Capital (GLAD) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
- 2 months ago
Gladstone Capital (GLAD) Misses Q1 Earnings and Revenue Estimates
Gladstone Capital (GLAD) came out with quarterly earnings of $0.50 per share, missing the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.54 per share a year ago.
zacks.com
- 2 months ago
Gladstone Capital Corporation Reports Financial Results for its First Quarter Ended December 31, 2024
MCLEAN, VA / ACCESS Newswire / February 11, 2025 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") today announced earnings for its first quarter ended December 31, 2024. Please read the Company's Quarterly Report on Form 10-Q filed today with the U.S. Securities and Exchange Commission (the "SEC"), which is available on the SEC's website at www.sec.gov and the Investors section of the Company's website at www.GladstoneCapital.com.
accessnewswire.com
- 2 months ago
Gladstone Capital Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESS Newswire / February 10, 2025 / Gladstone Capital Corporation (Nasdaq:GLAD) announces the following event: What: Gladstone Capital Corporation's First Fiscal Quarter ended December 31, 2024 Earnings Call & WebcastWhen: Wednesday, February 12, 2025 @ 8:30 a.m. Eastern TimeWebsite: https://event.choruscall.com/mediaframe/webcast.html?webcastid=bFX5icY1 How: By webcast -- Log on to the web at the address aboveBy phone -- Please call (866) 424-3437Contact: Gladstone Capital Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through February 19, 2025.
accessnewswire.com
- 2 months ago
Preferred Stocks And More
Two new additions to the HDO Bond Ladder: Baby Bonds ECCU and GAINI, both maturing in 2030. As we enter 2025, the fixed-income landscape offers opportunities despite declining short-term rates, with quality companies providing attractive long-term yields through preferred securities and baby bonds. Investment-grade debt securities with high coupons offer attractive yields. Diversify with staggered call/maturity dates to safeguard income and enhance portfolio stability.
seekingalpha.com
- 2 months ago
2 High Yield BDCs With Exceptional Value To Price Ratio
BDC investing is primarily about income with less emphasis on growth. One way to activate the second (price appreciation) component is through investing in heavily discounted BDCs. The other, more prudent approach is to invest in high-quality BDCs that should deserve higher premium, where from a price-to-value convergence, investors could enhance the total return performance.
seekingalpha.com
- 2 months ago
Gladstone Capital Announces Monthly Cash Distributions for January, February and March 2025 and Conference Call Date
MCLEAN, VA / ACCESSWIRE / January 14, 2025 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions for January, February and March 2025 and also announced its plan to report earnings for its first fiscal quarter ended December 31, 2024. Cash Distributions: Common Stock: $0.165 per share of common stock for each of January, February and March 2025, payable per the table below.
accesswire.com
- 3 months ago
8. Profile
Summary
Gladstone Capital Corporation GLAD
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 515 M
Dividend Yield
3.15%
Description
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. It operates as a business development company. The fund also makes private equity investments in acquisitions, buyouts and recapitalizations, and refinancing existing debts. It targets small and medium-sized companies in United States. It is industry agnostic and seeks to invest in companies engaged in the business services, light and specialty manufacturing, niche industrial products and services, specialty consumer products and services, energy services, transportation and logistics, healthcare and education services, specialty chemicals, media and communications and aerospace and defense. The fund seeks to invest between $7 million and $30 million in companies that have between $20 million and $150 million in sales and EBITDA between $3 million and $25 million. It prefers to acquire minority stakes. It seeks to exit its investments through strategic acquisitions by other industry participants or financial buyers, initial public offerings of common stock, or other capital market transactions.
Contact
1521 Westbranch Drive, McLean, VA, 22102
https://www.gladstonecapital.com
IPO
Date
Aug. 2, 2002
Employees
None
Officers
Mr. Michael Bernard LiCalsi Esq., J.D.
General Counsel & Secretary
Mr. Michael McQuigg
Executive Vice President & Senior MD
Mr. Christopher J. Lee
Managing Director of Private Equity
Mr. John Sateri
Managing Director of Private Finance
Ms. Nicole Schaltenbrand CPA
Chief Financial Officer & Treasurer
Mr. David John Gladstone
Chairman & Chief Executive Officer
Mr. Robert L. Marcotte
President
Ms. Paula Novara
Head of Resource Management & Director
Mr. Andrew Ahlberg
Managing Director
Mr. John Anthony Dellafiora Jr., CPA
Chief Compliance Officer