Gain Capital Holdings Inc (NYSE:GCAP) – Equities researchers at Jefferies Financial Group issued their Q1 2019 earnings per share estimates for shares of Gain Capital in a research note issued to investors on Wednesday, January 9th. Jefferies Financial Group analyst D. Fannon anticipates that the financial services provider will post earnings per share of $0.17 for the quarter. Jefferies Financial Group also issued estimates for Gain Capital’s Q2 2019 earnings at $0.16 EPS, Q3 2019 earnings at $0.14 EPS and Q4 2019 earnings at $0.18 EPS.
Gain Capital (NYSE:GCAP) last released its quarterly earnings data on Thursday, October 25th. The financial services provider reported $0.30 EPS for the quarter, beating the consensus estimate of $0.13 by $0.17. Gain Capital had a return on equity of 9.10% and a net margin of 25.74%. The company had revenue of $95.50 million for the quarter, compared to analyst estimates of $85.77 million.
NYSE:GCAP opened at $6.23 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.39 and a current ratio of 1.39. Gain Capital has a 12 month low of $6.03 and a 12 month high of $8.75. The stock has a market capitalization of $283.40 million, a price-to-earnings ratio of -31.15, a P/E/G ratio of 1.11 and a beta of 0.41.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 18th. Stockholders of record on Tuesday, December 11th were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Monday, December 10th. This represents a $0.24 annualized dividend and a dividend yield of 3.85%. Gain Capital’s dividend payout ratio is presently -120.00%.
In other news, insider Samantha Roady sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, November 14th. The stock was sold at an average price of $7.77, for a total transaction of $38,850.00. Following the completion of the sale, the insider now directly owns 225,508 shares in the company, valued at $1,752,197.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Joseph A. Schenk bought 10,000 shares of the stock in a transaction dated Wednesday, November 21st. The shares were acquired at an average price of $7.32 per share, with a total value of $73,200.00. Following the completion of the purchase, the director now directly owns 166,638 shares of the company’s stock, valued at $1,219,790.16. The disclosure for this purchase can be found here. Insiders have sold 69,250 shares of company stock valued at $506,945 over the last 90 days. Insiders own 6.40% of the company’s stock.
A number of large investors have recently bought and sold shares of GCAP. Bank of America Corp DE grew its stake in Gain Capital by 51.4% in the second quarter. Bank of America Corp DE now owns 31,011 shares of the financial services provider’s stock worth $234,000 after purchasing an additional 10,526 shares in the last quarter. Sterling Capital Management LLC acquired a new position in Gain Capital in the second quarter worth about $832,000. Paloma Partners Management Co acquired a new position in Gain Capital in the second quarter worth about $247,000. Millennium Management LLC grew its stake in Gain Capital by 1,767.6% in the second quarter. Millennium Management LLC now owns 506,240 shares of the financial services provider’s stock worth $3,822,000 after purchasing an additional 479,134 shares in the last quarter. Finally, First Trust Advisors LP acquired a new position in Gain Capital in the third quarter worth about $221,000. Institutional investors and hedge funds own 48.05% of the company’s stock.
About Gain Capital
GAIN Capital Holdings, Inc, together with its subsidiary, provides trading services and solutions to retail, institutional, and futures service customers worldwide. The company operates in three segments: Retail, Institutional, and Futures. It specializes in over-the-counter (OTC) and exchange-traded markets.
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