Gladstone Capital Corporation

NasdaqGS:GLAD Stok Raporu

Piyasa değeri: US$423.4m

Gladstone Capital Geçmiş Kazanç Performansı

Geçmiş kriter kontrolleri 2/6

Gladstone Capital yıllık ortalama 2.6% oranında kazançlarını artırırken, Capital Markets sektöründe kazançlar growing at 6.1% annual. Gelirler growing yılda ortalama 13.1% oranında artmaktadır. Gladstone Capital'in özkaynak karlılığı 8.2% ve net marjı 44.1%'dir.

Anahtar bilgiler

2.61%

Kazanç büyüme oranı

-5.94%

EPS büyüme oranı

Capital Markets Sektör Büyümesi10.26%
Gelir büyüme oranı13.14%
Özkaynak getirisi8.17%
Net Marj44.05%
Son Kazanç Güncellemesi31 Mar 2026

Yakın geçmiş performans güncellemeleri

Recent updates

Seeking Alpha • May 23

Gladstone Capital: NAV Is Growing And Valuation Is Attractive (Rating Upgrade)

Summary Gladstone Capital is upgraded to a buy, trading at a 10.35% discount to NAV despite stable portfolio performance. GLAD's net investment income rose to $0.52 per share, covering its 9.4% dividend yield with a 116% payout ratio. Portfolio NAV has remained stable year-over-year, while share price declined 27.1%, presenting an attractive entry point. GLAD's sector concentration and negative net investment activity are offset by low non-accruals, declining PIK income, and management's confidence in maintaining dividends through 2026. Read the full article on Seeking Alpha
Seeking Alpha • Mar 31

Gladstone Capital: A Reliable Income Powerhouse

Summary Gladstone Capital is recommended as a 'Buy' for long-term income investors, with a 7.2% dividend yield. GLAD has shown strong price performance, with a 150% 5Y price return and 290% total return, outperforming the BIZD. The company's low leverage (0.68x) mitigates the impact of both the small portfolio size and the 7.4% decline in TII. Recent financial results showed stability, as the unchanged NII supports the ongoing dividend policy. Read the full article on Seeking Alpha
Seeking Alpha • Feb 14

Gladstone Capital: Rising Non-Accruals And Unjustified Premium Valuation (Rating Downgrade)

Summary GLAD's current premium to NAV is unjustified due to weakening earnings, increased non-accruals, and poor dividend coverage, leading to a sell rating. Despite GLAD's attractive 7% dividend yield and monthly payouts, the dividend coverage is weak, risking potential cuts if portfolio conditions worsen. GLAD's portfolio is diversified but small, with significant exposure to floating rate investments. This increases the overall vulnerability and impact of underperforming borrowers. Q1 earnings were mixed, with net investment income missing expectations. Repayments and sales were greater than the total capital invested during the quarter. Read the full article on Seeking Alpha
Seeking Alpha • Nov 17

Gladstone Capital's Dividend Coverage May Be In Trouble

Summary Gladstone Capital focuses on providing alternative financing to US lower middle-market companies, with a portfolio heavily concentrated in debt investments. Despite recent interest rate cuts, GLAD's net investment income still covers its regular monthly dividend payments, though future cuts may challenge this coverage. GLAD typically trades at a premium to net asset value, aiding capital gathering, but economic and Fed-related uncertainties may lead to higher stock price volatility. I maintain a 'hold' rating for GLAD due to its lower dividend coverage compared to other BDCs, despite potential benefits from its equity investments. Read the full article on Seeking Alpha
Seeking Alpha • Sep 14

Gladstone Capital: 9% Yield, Improving Coverage, 1.12x NAV

Summary Gladstone Capital offers a covered 9% yield, paid monthly, but trades at a 12% premium to NAV, suggesting it's fully valued. The BDC's portfolio is primarily in First and Second Lien debt, with a fair value of $757.8 million, despite a 4% QoQ decline. Improved net investment income boosted the dividend pay-out ratio, but a higher non-accrual ratio poses a risk to the credit profile. Despite potential rate cuts, I maintain a 'Hold' rating, believing the $0.165 per share monthly dividend is sustainable. Read the full article on Seeking Alpha
Seeking Alpha • Aug 28

Gladstone Capital: Just Pause For Now

Summary Gladstone Capital benefits from rising interest rates, but potential rate cuts could negatively impact its net investment income and dividend sustainability. Despite strong dividend coverage currently, GLAD's heavy reliance on floating rate investments makes future dividend sustainability uncertain if rates decline significantly. Trading at a premium to NAV, GLAD's valuation does not fully account for the risk of interest rate cuts, leading me to rate it as a hold. Read the full article on Seeking Alpha
Seeking Alpha • Aug 18

Gladstone Capital: Solid Distribution Coverage But Rising Non-Accruals (Rating Downgrade)

Summary Gladstone Capital operates as a business development company that focuses on making debt investments to middle market companies. GLAD's portfolio strategy has exposure to 94% floating rate investments, which has helped them capitalize on higher interest rates. However, interest rates may get cut and negatively impact earnings. GLAD's Q3 earnings showed a 14% increase in net investment income. The price currently trades at a higher premium to NAV than average, making accumulation of shares less attractive here. The dividend yield of 8.6% remains supported by net investment income at a coverage rate of 111.7%. Read the full article on Seeking Alpha
Seeking Alpha • Jul 23

Gladstone: Conservative Strategies, Promising 2028 Notes

Summary The BDC industry is thriving due to rising interest rates, resulting in wider profit margins and increasing return on equity. A surge in US middle market activity is leading to higher loan values and NAV/Share values for BDCs. There are potential warning signs as the interest rate gap narrows, suggesting lenders may not be adequately compensated for risk. Read the full article on Seeking Alpha
Seeking Alpha • Jun 09

Gladstone Capital: Monthly 8.7% Yielding BDC I Would Buy On A Pullback

Summary Gladstone Capital is a quality monthly-paying BDC with a respectable track record and performed strongly with its share price up roughly 20% in the past year. The BDC reported a slight decline in net investment income but saw growth in total investment income and overall portfolio fair value. The company's dividend coverage is tight, and its share price may be overvalued, warranting a hold rating for now. As a result of their performance, the BDC now trades near its 52-week high of $22.84 and above its 3-year premium of roughly 14%. GLAD has been increasing its exposure to first-lien, senior secured loans, increasing its overall portfolio quality. Read the full article on Seeking Alpha
Seeking Alpha • May 14

Gladstone Capital: Diversified BDC Trading At Attractive Valuation

Summary Gladstone Capital operates as a business development company, providing financing and support to lower middle market businesses that have an EBITDA between $3M - $25M. The stock has provided a total return of over 16% since my initial coverage in September of 2023. GLAD offers a current dividend yield of 8.9% and distributes its payout on a monthly basis, making it attractive for income-seeking investors. As interest rates remain elevated, GLAD will likely continue to pull in higher levels of NII. Read the full article on Seeking Alpha
Seeking Alpha • Apr 12

Gladstone Capital: When Defense Pays Off

Summary December last year, I published a bullish article on Gladstone Capital that was primarily driven by a focus on defense with an ability to capture enticing yields. Since then, GLAD has delivered flat total returns, while the BDC index has increased by ~5%. Despite flat returns, Gladstone Capital has not experienced negative results like other BDCs due to rising non-accruals and a declining asset base. Given the improving metrics both at the portfolio and core performance level, GLAD continues to remain an attractive investment case; especially for conservative yield-seeking investors. Read the full article on Seeking Alpha
Seeking Alpha • Mar 09

Gladstone Capital: 10% Yield To Build Your Cashflow Brick By Brick

Summary Gladstone Capital is a BDC designed for high-income and currently offers an appealing 9.7% dividend yield. GLAD focuses on making loans to the lower middle market and has a portfolio spread across 12 industries. GLAD has demonstrated steady growth in NAV/share and NII/share, and carries a low debt-to-equity ratio, giving it plenty of capacity to fund opportunistic growth. Read the full article on Seeking Alpha
Seeking Alpha • Oct 19

Gladstone Capital goes ex-dividend tomorrow

Gladstone Capital (NASDAQ:GLAD) had declared $0.07/share monthly dividend, 3.7% increase from prior dividend of $0.07. Payable Oct. 31; for shareholders of record Oct. 21; ex-div Oct. 20. Payable Nov. 30; for shareholders of record Nov. 18; ex-div Nov. 17. Payable Dec. 30; for shareholders of record Dec. 20; ex-div Dec. 19. See GLAD Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Sep 22

Gladstone Capital makes debt investment in ice cream chainlet Salt & Straw

Gladstone Capital (NASDAQ:GLAD) has completed a debt investment in support of Enlightened Hospitality and KarpReilly's stakes in Salt & Straw, a Portland, Oregon-based ice cream chainlet. The funding will help Salt & Straw add locations across the U.S. as well as bolster its delivery and e-commerce business, the asset manager said. "We know that they will be successful continuing their exciting growth across the U.S.," said Laura Gladstone, managing director of Gladstone Capital.  Financial terms of the deal were not disclosed. At the beginning of September, Gladstone Capital provides financing for buyout of Sokol & Co.
Seeking Alpha • Sep 01

Gladstone Capital provides financing for buyout of Sokol & Co.

Gladstone Capital (NASDAQ:GLAD) said Thursday it partnered with private equity firm Burlington Capital Partners in its acquisition of Sokol & Co., a manufacturer of food ingredients and retail-ready food products for U.S. markets. The transaction was structured as as a management-led buyout intended to preserve the family legacy. Gladstone Capital (GLAD) provided senior debt financing and an equity co-investment to support the transaction. Financial terms of the deal weren't disclosed. Gladstone Capital's (GLAD) fiscal Q3 investment income slipped on reduced exit fees
Seeking Alpha • Jul 27

Gladstone Capital reports FQ3 results

Gladstone Capital press release (NASDAQ:GLAD): Q3 net investment income per share of $0.2025 vs. $0.195 last year. Total investment income of $13.78M (+0.8% Y/Y).
Seeking Alpha • Jul 18

Gladstone Capital declares $0.0675 dividend

Gladstone Capital (NASDAQ:GLAD) declares $0.0675/share monthly dividend, in line with previous. Forward yield 7.58% Payable July 29; for shareholders of record July 22; ex-div July 21. Payable Aug 31; for shareholders of record Aug 23; ex-div Aug 22. Payable Sep 30; for shareholders of record Sep 22; ex-div Sep 21. See GLAD Dividend Scorecard, Yield Chart, & Dividend Growth.
Seeking Alpha • Jun 22

Gladstone Capital: A Dividend Gem Now Yielding 8.3%

Gladstone Capital is a well-run BDC that's become attractively valued with a high yield. It pays a well-covered monthly dividend and has a strong balance sheet with low leverage. It's positioned to benefit from a rising rate environment due to high exposure to floating rate debt investments.
Seeking Alpha • Jan 31

Gladstone Capital: Why This 7.4% Yielder Is Now Attractive

Gladstone Capital has seen material share price weakness in recent weeks. It maintains low leverage and has demonstrated a growing NAV/share with meaningful appreciation on its equity investments. GLAD's dividend is covered by NII and is paid monthly and it generates a higher portfolio yield than the BDC median.
Seeking Alpha • Nov 06

Gladstone Capital Corporation: An Average BDC From A Strong Operator

Gladstone Capital Corporation is an established BDC which targets the lower middle market. Accelerating inflation and rising interest rates may benefit Gladstone in the near future. Gladstone’s external management is a drag on long term performance, leading to lackluster long term results.

Gelir ve Gider Dağılımı

Gladstone Capital nasıl para kazanır ve harcar. LTM bazında en son bildirilen kazançlara dayanmaktadır.

Kazanç ve Gelir Geçmişi

NasdaqGS:GLAD Gelir, gider ve kazançlar (USD Millions )
TarihGelirKazançlarG+A GiderleriAr-Ge Giderleri
31 Mar 269642260
31 Dec 259236230
30 Sep 258957220
30 Jun 258975220
31 Mar 259387240
31 Dec 2495101270
30 Sep 249795270
30 Jun 249776270
31 Mar 249469250
31 Dec 239057230
30 Sep 238643230
30 Jun 237935210
31 Mar 237017190
31 Dec 226614190
30 Sep 226320170
30 Jun 226248170
31 Mar 226171170
31 Dec 215784150
30 Sep 215484150
30 Jun 215262140
31 Mar 215059130
31 Dec 204910120
30 Sep 2048-2110
30 Jun 2048-7110
31 Mar 2049-13120
31 Dec 195024130
30 Sep 195020130
30 Jun 19495130
31 Mar 19488130
31 Dec 18478120
30 Sep 184619130
30 Jun 184534130
31 Mar 184228110
31 Dec 174023100
30 Sep 17391790
30 Jun 17383290
31 Mar 173832100
31 Dec 163921110
30 Sep 163911120
30 Jun 1640-14110
31 Mar 1640-16110
31 Dec 1539-1120
30 Sep 15388110
30 Jun 153736110

Kaliteli Kazançlar: GLAD yüksek kaliteli kazançlar sağlıyor.

Büyüyen Kar Marjı: GLAD 'nin mevcut net kar marjları (44.1%) geçen yılın (93.2%) değerinden daha düşüktür.

Serbest Nakit Akışı ve Kazanç Analizi

Geçmiş Kazanç Büyüme Analizi

Kazanç Eğilimi: GLAD şirketinin kazancı son 5 yılda yılda 2.6% oranında arttı.

Büyüme Hızlandırma: GLAD 'in son bir yıldır negatif kazanç büyümesi oldu, bu nedenle 5 yıllık ortalamasıyla karşılaştırılamaz.

Kazançlar vs. Sektör: GLAD geçtiğimiz yıl negatif kazanç büyümesine ( -51.1% ) sahipti ve bu da onu Capital Markets sektör ortalamasıyla ( 39.3% ) karşılaştırmayı zorlaştırıyordu.

Özkaynak Getirisi

Yüksek ROE: GLAD 'nin Özsermaye Getirisi ( 8.2% ) düşük olarak değerlendiriliyor.

Varlık Getirisi

Kullanılan Sermaye Getirisi

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2026/06/26 07:59
Gün Sonu Hisse Fiyatı2026/06/26 00:00
Kazançlar2026/03/31
Yıllık Kazançlar2025/09/30

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntıları GitHub sayfamızda mevcuttur; ayrıca raporlarımızı nasıl kullanacağınıza dair kılavuzlarımız ve YouTube'da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan dünya standartlarındaki ekip hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

Gladstone Capital Corporation 13 Bu analistlerden 5, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.

AnalistKurum
John RowanBrean Capital Historical (Janney Montgomery)
Sean-Paul AdamsB. Riley Securities, Inc.
David ChiaveriniCantor Fitzgerald & Co.