News articles about Garrison Capital (NASDAQ:GARS) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Garrison Capital earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned media coverage about the investment management company an impact score of 46.5556007208105 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Garrison Capital Inc. (GARS) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
- Insider Trading Activity Garrison Capital Inc. (NASDAQ:GARS) – CFO Bought 4,000 shares of Stock (4-traders.com)
- Q1 2018 EPS Estimates for Garrison Capital Inc. (GARS) Boosted by Analyst (americanbankingnews.com)
- Garrison Capital Inc. (GARS) Downgraded by Zacks Investment Research to “Hold” (americanbankingnews.com)
- Brokers Issue Forecasts for Garrison Capital Inc.’s Q3 2017 Earnings (GARS) (americanbankingnews.com)
GARS has been the subject of a number of analyst reports. Zacks Investment Research upgraded Garrison Capital from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 19th. Citigroup Inc. reissued a “market perform” rating on shares of Garrison Capital in a report on Friday, May 12th. National Securities reissued a “neutral” rating and set a $10.00 price objective on shares of Garrison Capital in a report on Monday, August 14th. Oppenheimer Holdings, Inc. reissued a “market perform” rating on shares of Garrison Capital in a report on Friday, May 12th. Finally, ValuEngine downgraded shares of Garrison Capital from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Seven analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $9.94.
Garrison Capital (GARS) traded down 0.12% on Friday, hitting $8.24. 41,021 shares of the company’s stock traded hands. Garrison Capital has a one year low of $7.77 and a one year high of $10.98. The stock has a 50-day moving average of $8.14 and a 200-day moving average of $9.05.
Garrison Capital (NASDAQ:GARS) last released its earnings results on Tuesday, August 8th. The investment management company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.02. The business had revenue of $9.03 million during the quarter, compared to analysts’ expectations of $9.08 million. Garrison Capital had a negative net margin of 0.38% and a positive return on equity of 8.33%. Equities analysts predict that Garrison Capital will post $1.11 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Friday, September 8th will be paid a dividend of $0.28 per share. The ex-dividend date is Thursday, September 7th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 13.59%.
In other Garrison Capital news, CFO Brian S. Chase acquired 4,000 shares of the company’s stock in a transaction that occurred on Friday, August 11th. The stock was bought at an average price of $8.07 per share, with a total value of $32,280.00. Following the purchase, the chief financial officer now owns 46,135 shares in the company, valued at $372,309.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 5.80% of the stock is currently owned by corporate insiders.
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About Garrison Capital
Garrison Capital Inc is a managed, closed-end, non-diversified management investment company. The Company’s investment objective is to generate current income and capital appreciation by making investments primarily in debt securities and loans of the United States-based middle-market companies, which it defines as those having annual earnings before interest, taxes and depreciation, or EBITDA, of certain amount.
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