Gladstone Investment (GAIN) Projected to Post Quarterly Earnings on Wednesday

Gladstone Investment (NASDAQ:GAIN) is expected to issue its quarterly earnings data after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $22.88 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Gladstone Investment Trading Down 0.3 %

NASDAQ:GAIN opened at $13.52 on Tuesday. The firm has a market cap of $496.05 million, a P/E ratio of 12.75 and a beta of 1.30. The stock has a 50 day moving average of $13.31 and a two-hundred day moving average of $13.43. Gladstone Investment has a 12 month low of $12.46 and a 12 month high of $14.85.

Gladstone Investment Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 31st. Stockholders of record on Monday, January 27th were paid a $0.08 dividend. This represents a dividend yield of 7.18%. The ex-dividend date was Friday, January 24th. Gladstone Investment’s dividend payout ratio is currently 90.57%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on GAIN shares. B. Riley lifted their price objective on Gladstone Investment from $13.00 to $13.50 and gave the stock a “neutral” rating in a research report on Monday, November 11th. StockNews.com upgraded Gladstone Investment from a “sell” rating to a “hold” rating in a report on Monday, November 11th.

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.