Gladstone Investment (NASDAQ:GAIN – Get Free Report) will announce its earnings results after the market closes on Tuesday, February 6th. Analysts expect the company to announce earnings of $0.27 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.
Gladstone Investment Trading Down 0.1 %
Shares of NASDAQ GAIN opened at $14.08 on Monday. The stock has a market cap of $477.31 million, a price-to-earnings ratio of 6.20 and a beta of 1.39. Gladstone Investment has a 1-year low of $12.11 and a 1-year high of $14.96. The stock’s 50-day moving average is $14.38 and its 200 day moving average is $13.64.
Gladstone Investment Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Friday, March 29th. Investors of record on Thursday, March 21st will be issued a dividend of $0.08 per share. The ex-dividend date is Wednesday, March 20th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 6.82%. Gladstone Investment’s dividend payout ratio is 42.29%.
Analyst Ratings Changes
Hedge Funds Weigh In On Gladstone Investment
Institutional investors and hedge funds have recently bought and sold shares of the stock. Raymond James Financial Services Advisors Inc. bought a new position in Gladstone Investment during the 1st quarter worth approximately $186,000. Kestra Advisory Services LLC grew its position in shares of Gladstone Investment by 8.7% in the 2nd quarter. Kestra Advisory Services LLC now owns 12,533 shares of the investment management company’s stock worth $163,000 after buying an additional 1,000 shares during the last quarter. BNP Paribas Arbitrage SA grew its position in shares of Gladstone Investment by 1,826.8% in the 1st quarter. BNP Paribas Arbitrage SA now owns 9,634 shares of the investment management company’s stock worth $155,000 after buying an additional 9,134 shares during the last quarter. Northern Trust Corp bought a new stake in shares of Gladstone Investment in the 2nd quarter worth approximately $144,000. Finally, International Assets Investment Management LLC bought a new stake in shares of Gladstone Investment in the 4th quarter worth approximately $144,000. 11.55% of the stock is currently owned by institutional investors.
Gladstone Investment Company Profile
Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options.
- Five stocks we like better than Gladstone Investment
- Most Volatile Stocks, What Investors Need to Know
- MarketBeat Week in Review – 1/29 – 2/2
- 3 Fintech Stocks With Good 2021 Prospects
- How to start investing in penny stocks
- Short Selling: How to Short a Stock
- Exploring communication services stocks: A comprehensive guide
Receive News & Ratings for Gladstone Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gladstone Investment and related companies with MarketBeat.com's FREE daily email newsletter.