Gladstone Capital (GLAD) Scheduled to Post Earnings on Wednesday

Gladstone Capital (NASDAQ:GLAD) will be releasing its earnings data after the market closes on Wednesday, August 7th. Analysts expect Gladstone Capital to post earnings of $0.53 per share for the quarter. Individual interested in listening to the company’s conference call can do so using this link.

Gladstone Capital Stock Down 5.1 %

Gladstone Capital stock opened at $21.83 on Tuesday. The stock has a market capitalization of $474.89 million, a PE ratio of 7.91 and a beta of 1.26. Gladstone Capital has a twelve month low of $18.40 and a twelve month high of $24.73. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.27. The company has a 50 day moving average of $23.27 and a 200-day moving average of $21.80.

Gladstone Capital Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 20th will be given a $0.165 dividend. This represents a $1.98 annualized dividend and a dividend yield of 9.07%. The ex-dividend date is Friday, September 20th. Gladstone Capital’s payout ratio is presently 71.74%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Gladstone Capital from a “sell” rating to a “hold” rating in a research note on Thursday, May 9th.

Gladstone Capital Company Profile

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.