Gladstone Capital (GLAD) Receives Coverage Optimism Score of 0.05

Media stories about Gladstone Capital (NASDAQ:GLAD) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Gladstone Capital earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned news articles about the investment management company an impact score of 45.169536710827 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news articles that may have impacted Accern Sentiment’s analysis:

Shares of Gladstone Capital (NASDAQ:GLAD) opened at $9.29 on Wednesday. Gladstone Capital has a 52-week low of $8.67 and a 52-week high of $10.12. The stock has a market cap of $247.41, a PE ratio of 13.87 and a beta of 1.23. The company has a debt-to-equity ratio of 0.42, a current ratio of 4.33 and a quick ratio of 4.33.

Gladstone Capital (NASDAQ:GLAD) last announced its earnings results on Monday, November 20th. The investment management company reported $0.21 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.21. Gladstone Capital had a net margin of 43.78% and a return on equity of 9.94%. The business had revenue of $10.83 million for the quarter, compared to analyst estimates of $10.72 million. sell-side analysts forecast that Gladstone Capital will post 0.86 EPS for the current year.

The business also recently announced a jan 18 dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Monday, January 22nd will be given a $0.07 dividend. Gladstone Capital’s dividend payout ratio (DPR) is 125.37%.

Several analysts recently commented on the stock. Wedbush assumed coverage on shares of Gladstone Capital in a research report on Wednesday, September 27th. They set a “neutral” rating and a $9.40 price target on the stock. National Securities restated a “sell” rating and set a $8.00 price target on shares of Gladstone Capital in a research report on Tuesday, September 26th. Ladenburg Thalmann Financial Services started coverage on shares of Gladstone Capital in a research report on Friday, October 6th. They set a “neutral” rating on the stock. Finally, Zacks Investment Research upgraded shares of Gladstone Capital from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $9.16.

In related news, Director Walter H. Wilkinson bought 6,134 shares of the company’s stock in a transaction dated Monday, November 27th. The shares were acquired at an average price of $9.79 per share, for a total transaction of $60,051.86. Following the completion of the transaction, the director now directly owns 13,517 shares in the company, valued at $132,331.43. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, President Robert L. Marcotte bought 8,200 shares of the company’s stock in a transaction dated Friday, December 15th. The stock was bought at an average price of $9.40 per share, for a total transaction of $77,080.00. The disclosure for this purchase can be found here. In the last quarter, insiders bought 22,334 shares of company stock worth $215,692. Company insiders own 5.89% of the company’s stock.

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About Gladstone Capital

Gladstone Capital Corporation is a closed-end, non-diversified management investment company, operating as a business development company (BDC). The objectives of the Company are to achieve and grow current income by investing in debt securities of established businesses that it believes will provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time, and to provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that it believes can grow over time to permit it to sell its equity investments for capital gains.

Insider Buying and Selling by Quarter for Gladstone Capital (NASDAQ:GLAD)

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