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GLADSTONE CAPITAL CORPORATION (NASD: GLAD)
Last Trade
4:00 p.m. - 9.26
Change
 0.03 ( 0.33%)
Shares Traded
1,403
Day's Volume
163,077
Book Value
NA
Price/Book
NA
Beta
0.9663
Day's Range
9.1212 - 9.29
Prev Close
9.23
Open
9.20
52 Wk Range
4.04 - 10.55
EPS
-0.06
PE
NA
Monthly Div/Shr
0.065
Ex-Div
12/22/20
Yield
8.42%
Shares Out.
32.45M
Market Cap.
300.52M
  • 1 Year Stock Performance:

CAGR - Chart the growth of a $10K investment in GLAD

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Related news from
Tue, 12 Jan 2021
21:15:00 +0000
Gladstone Capital Announces Monthly Cash Distributions for January, February and March 2021 and Conference Call Date
MCLEAN, VA / ACCESSWIRE / January 12, 2021 /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 2021 and also announced its plan to report earnings for its first fiscal quarter ended December 31, 2020.Cash Distributions:Common Stock: $0.
Tue, 08 Dec 2020
18:30:00 +0000
Gladstone Capital Corporation Prices Offering of 5.125% Notes Due 2026
MCLEAN, VA / ACCESSWIRE / December 8, 2020 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") today announced that it priced a public offering of $100 million aggregate principal amount of 5.
Fri, 27 Nov 2020
18:24:01 +0000
Gladstone Capital Corporation (GLAD) Fell Out Of Favor With Hedge Funds
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 817 world-class investment firms that we track and now have access to the collective wisdom contained in […]
Wed, 11 Nov 2020
18:30:56 +0000
Gladstone Capital Corp (GLAD) Q4 2020 Earnings Call Transcript
Greetings and welcome to the Gladstone Capital Corporation Earnings Call for the Fiscal Year Ended September 30, 2020. This is David Gladstone, Chairman. Now let's skip ahead and hear from General Counsel, Michael LiCalsi, who will make a statement regarding forward-looking statements.
Tue, 10 Nov 2020
22:19:47 +0000
Recap: Gladstone Cap Q4 Earnings
Shares of Gladstone Cap (NASDAQ:GLAD) rose 1.4% in after-market trading after the company reported Q4 results.Quarterly Results Earnings per share were down 4.76% over the past year to $0.20, which were in line with the estimate of $0.20.Revenue of $12,579,000 declined by 1.09% from the same period last year, which beat the estimate of $12,120,000.Guidance Earnings guidance hasn't been issued by the company for now.View more earnings on GLADRevenue guidance hasn't been issued by the company for now.Price Action Company's 52-week high was at $10.6952-week low: $4.04Price action over last quarter: Up 7.98%Company Profile Gladstone Capital Corp is an externally managed, closed-end, non-diversified management investment company. Its investment objectives are to, achieve and grow current income by investing in debt securities of established businesses that would 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 provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that can grow over time to permit it to sell its equity investments for capital gains.See more from Benzinga * Click here for options trades from Benzinga * Earnings Scheduled For November 10, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Tue, 10 Nov 2020
21:30:00 +0000
Gladstone Capital Corporation Reports Financial Results for its Fourth Quarter and Fiscal Year Ended September 30, 2020
MCLEAN, VA / ACCESSWIRE / November 10, 2020 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") today announced earnings for its fourth quarter and fiscal year ended September 30, 2020.
Mon, 09 Nov 2020
13:30:00 +0000
Gladstone Capital Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESSWIRE / November 9, 2020 / Gladstone Capital Corporation (Nasdaq:GLAD) announces the following event:What: Gladstone Capital Corporation's Fourth Quarter ended September 30, 2020 Earnings Call & WebcastWhen: Wednesday, November 11, 2020 @ 8:30 a.
Wed, 04 Nov 2020
17:30:05 +0000
Analysts Estimate Gladstone Capital (GLAD) to Report a Decline in Earnings: What to Look Out for
Gladstone Capital (GLAD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Fri, 23 Oct 2020
20:30:00 +0000
Gladstone Capital Appoints Executive Vice President
MCLEAN, VA / ACCESSWIRE / October 23, 2020 / Gladstone Capital Corporation (NASDAQ:GLAD) ("Gladstone Capital" or the "Company") announced today that it has appointed one of its Managing Directors, Mike McQuigg, to Executive Vice President and Senior Managing Director.
Tue, 13 Oct 2020
20:15:00 +0000
Gladstone Capital Announces Monthly Cash Distributions for October, November and December 2020 and Fiscal Year End Earnings Release and Conference Call Dates
MCLEAN, VA / ACCESSWIRE / October 13, 2020 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions for October, November and December 2020.
Mon, 28 Sep 2020
15:39:00 +0000
3 Stocks that Cut You a Check Each Month
Many investors favor dividend-paying stocks for the recurring streams of income they provide, a benefit that is magnified when those companies pay shareholders on a monthly basis. Gladstone Capital (NASDAQ: GLAD) cut its monthly payout earlier this year as the coronavirus upended the economy, reducing the dividend from $0.07 per share to $0.065 per share -- a 7% shave, and a level where it remains today. As a business development corporation (BDC), Gladstone lends money to smaller businesses that can't easily access capital markets themselves.
Thu, 30 Jul 2020
21:30:58 +0000
Gladstone Capital Corp (GLAD) Q3 2020 Earnings Call Transcript
Image source: The Motley Fool. Gladstone Capital Corp (NASDAQ: GLAD)Q3 2020 Earnings CallJul 30, 2020, 8:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, thank you for standing by, and welcome to Gladstone Capital Corporation's third Quarter Ended June 30th, 2020 Earnings Call and Webcast.
Wed, 29 Jul 2020
20:35:00 +0000
Gladstone Capital Corporation Reports Financial Results for its Third Quarter Ended June 30, 2020
MCLEAN, Va., July 29, 2020 (GLOBE NEWSWIRE) -- Gladstone Capital Corporation (Nasdaq: GLAD) (the “Company”) today announced earnings for its third fiscal quarter ended June 30, 2020.  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 investor relations section of the Company’s website at www.GladstoneCapital.com.  Summary Information (dollars in thousands, except per share data) (unaudited):For the Quarter Ended: June 30, 2020 March 31, 2020  Change % Change             Total investment income $11,729 $11,492 $237 2.1% Total expenses, net of credits (5,646)(4,945)(701)14.2  Net investment income 6,083 6,547 (464)(7.1) Net investment income per common share 0.195 0.21 (0.015)(7.1) Cash distribution per common share 0.195 0.21 (0.015)(7.1) Net realized gain (loss) (107)(3,070)2,963 (96.5) Net unrealized appreciation (depreciation) 8,981 (31,252)40,233 NM  Net increase (decrease) in net assets resulting from operations 14,957 (27,775)42,732 NM  Weighted average yield on interest-bearing investments 10.9%10.9%—%—  Total invested $55,677 $29,792 $25,885 86.9  Total repayments and net proceeds 17,084 26,405 (9,321)(35.3)            As of: June 30, 2020 March 31, 2020 Change % Change                Total investments, at fair value $446,676 $398,316 $48,360 12.1% Fair value, as a percent of cost 90.3%87.5%2.8%3.2  Net asset value per common share $7.27 $6.99 $0.28 4.0                NM=Not MeaningfulThird Fiscal Quarter 2020 Highlights: * Portfolio Performance: Strong company performances and liquidity management in the face of COVID-19 disruptions resulted in no payment defaults, and non-accruals declined to 1.5% of the portfolio at fair value.   * Investment Activity: Invested $53.5 million in two new proprietary portfolio companies and $2.2 million in existing portfolio companies and received $17.1 million in repayments and net proceeds resulting in net originations of $38.6 million. * Net Unrealized Appreciation: Increased $9.0 million supported by the decrease in market spreads for comparable loan investments during the quarter and improved operating results for several credits. * Net Asset Value: Increased 4.0% from March 31, 2020 to $226.8 million or $7.27 per share as of June 30, 2020. * Conservative Capital Base: Maintained a debt-to-equity ratio of 101.8%. * Credit Facility: Extended the revolving period on existing terms to July 15, 2021 and decreased the commitment amount from $190 million to $180 million. Third Fiscal Quarter 2020 Results:Interest income increased by $0.6 million, or 5.7%. The increase was driven mainly by an increase in the weighted average principal balance of our interest-bearing investment portfolio, which was $429.0 million for the three months ended June 30, 2020, compared to $404.3 million for the three months ended March 31, 2020, an increase of $24.7 million, or 6.1%.  Other income decreased by $0.4 million, or 79.4%, quarter over quarter, primarily due to a decrease in success fees received. Total expenses increased by 14.2% quarter over quarter, primarily due to a $0.8 million decrease in fee credits granted by the Adviser.Net Investment Income for the quarter ended June 30, 2020 was $6.1 million, a decrease of 7.1%, as compared to the prior quarter, or $0.195 per share.   The Net Increase in Net Assets Resulting from Operations was $15.0 million, or $0.48 per share, for the quarter ended June 30, 2020, compared to the Net Decrease in Net Assets Resulting from Operations of $27.8 million, or $0.89 per share, for the quarter ended March 31, 2020. The current quarter increase was driven by $9.0 million in net portfolio appreciation during the period. The decrease in market spreads for comparable loan investments was the primary driver of the net unrealized appreciation of investments of $9.0 million for the quarter ended June 30, 2020. The increase in comparable multiples used to estimate the fair value of several of our portfolio companies also impacted the total net unrealized appreciation, partially offset by decreased performance in certain of our portfolio companies.  In part, the performance of certain of our portfolio companies was driven by the impact COVID-19 has had or is expected to have on our portfolio companies and the markets in which they operate.Subsequent Events:  Subsequent to June 30, 2020, the following significant events occurred: * Portfolio Activity:  In July 2020, our investment in Universal Survey Center, Inc. paid off at par for net proceeds of $14.1 million. In conjunction with the payoff, we received a prepayment fee of $0.3 million. * Distributions Declared: In July 2020, our Board of Directors declared the following monthly distributions to common stockholders for July, August and September:Record Date Payment Date Distribution per Common Share July 24, 2020 July 31, 2020 $0.065 August 24, 2020 August 31, 2020 0.065 September 23, 2020 September 30, 2020 0.065   Total for the Quarter $0.195        Comments from Gladstone Capital’s President, Bob Marcotte: “The ramifications and impact of COVID-19 last quarter were certainly unprecedented; however, we are pleased to report that, on balance, our portfolio performed well, our non-accrual assets declined, and we were able to close on several attractive investments to grow our earning asset base and lift our core net interest income, which are all key drivers to maintain and grow our shareholder distributions.  While there may be additional challenges ahead, and we have a ways to go to fully recover from the unrealized losses of the prior quarter, our investment principles and strategies are intact and we are well positioned to expand our investment portfolio as a value-added capital provider to growth oriented lower middle market companies.” Conference Call for Stockholders: The Company will hold its earnings release conference call on Thursday, July 30, 2020, at 8:30 a.m. EDT.  Please call (833) 519-1258 and enter conference number 6854369 to enter the conference call. An operator will monitor the call and set a queue for any questions. A replay of the conference call will be available through August 6, 2020.  To hear the replay, please dial (855) 859-2056 and use conference number 6854369. The replay of the conference call will be available beginning approximately one hour after the call concludes. The live audio broadcast of the Company’s quarterly conference call will also be available online at www.GladstoneCapital.com.  The event will be archived and available for replay on the Company’s website through September 30, 2020.About Gladstone Capital Corporation: Gladstone Capital Corporation is a publicly traded business development company that invests in debt and equity securities, consisting primarily of secured first and second lien term loans to lower middle market businesses in the United States.  Information on the business activities of all the Gladstone funds can be found at www.GladstoneCompanies.com.To obtain a paper copy of the Company’s most recent Form 10-Q, please contact the Company at 1521 Westbranch Drive, Suite 100, McLean, VA 22102, ATTN: Investor Relations.  The financial information above is not comprehensive and is without notes, so readers should obtain and carefully review the Company’s Form 10-Q for the quarter ended June 30, 2020, including the notes to the consolidated financial statements contained therein.Investor Relations Inquiries: Please visit www.gladstonecompanies.com or +1-703-287-5893.Forward-looking Statements:The statements in this press release about future growth and shareholder returns are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  These forward-looking statements inherently involve certain risks and uncertainties in predicting future results and conditions. Although these statements are based on our current plans that are believed to be reasonable as of the date of this press release, a number of factors could cause actual results and conditions to differ materially from these forward-looking statements, including those factors described from time to time in our filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect any future events or otherwise, except as required by law.
Tue, 28 Jul 2020
18:22:01 +0000
US direct lenders modify fee structures as private lending loses luster
Direct lenders in the United States are modifying fund fee structures to compete for limited investor dollars in a lackluster—yet competitive—fundraising environment for private debt. After a decade-long expansion, private debt fund commitments, which, unlike shares, cannot be redeemed easily, have seen fundraising numbers drop as a result.
Mon, 27 Jul 2020
16:31:04 +0000
Gladstone Capital (GLAD) Q3 Earnings Preview: What's in the Cards?
Gladstone Capital (GLAD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Tue, 14 Jul 2020
20:15:10 +0000
Gladstone Capital Announces Monthly Cash Distributions for July, August and September 2020 and Conference Call Date
MCLEAN, Va., July 14, 2020 -- Gladstone Capital Corporation (Nasdaq: GLAD) (the “Company”) announced today that its board of directors declared the following monthly cash.
Wed, 24 Jun 2020
13:00:01 +0000
Implied Volatility Surging for Gladstone Capital (GLAD) Stock Options
Investors need to pay close attention to Gladstone Capital (GLAD) stock based on the movements in the options market lately.
Sun, 31 May 2020
21:22:05 +0000
Is Gladstone Capital Corporation (GLAD) Going to Burn These Hedge Funds?
In this article we will check out the progression of hedge fund sentiment towards Gladstone Capital Corporation (NASDAQ:GLAD) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and […]
Tue, 26 May 2020
18:52:31 +0000
Edited Transcript of GLAD earnings conference call or presentation 5-May-20 12:30pm GMT
Q2 2020 Gladstone Capital Corp Earnings Call
Tue, 05 May 2020
16:30:40 +0000
Gladstone Capital Corp (GLAD) Q2 2020 Earnings Call Transcript
Image source: The Motley Fool. Gladstone Capital Corp (NASDAQ: GLAD)Q2 2020 Earnings CallMay 5, 2020, 8:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, welcome to today's Gladstone Capital Shareholders Call for the quarter ending March 31, 2020.

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Gladstone Capital Corporation (GLAD)