Gladstone Capital: Solid Distribution Coverage But Rising Non-Accruals (Rating Downgrade) [Seeking Alpha]
Gladstone Capital Corporation - Closed End Fund (GLAD)
Last gladstone capital corporation - closed end fund earnings: 2/5 04:30 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.gladstonecapital.com
Company Research
Source: Seeking Alpha
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%. DNY59 Overview I previously covered Gladstone Capital ( NASDAQ: GLAD ) a quarter ago in mid-May. I issued a buy rating on GLAD due to its attractive valuation and less risky offering than its peer fund, Gladstone Investment ( Recommended For You About GLAD Ticker Related Stocks Trending Analysis Trending News
Show less
Read more
Impact Snapshot
Event Time:
GLAD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GLAD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GLAD alerts
High impacting Gladstone Capital Corporation - Closed End Fund news events
Weekly update
A roundup of the hottest topics
GLAD
News
- 2 Monthly Dividends I Will Be Buying After The Interest Rate Cut [Seeking Alpha]Seeking Alpha
- Gladstone Capital: Just Pause For Now [Seeking Alpha]Seeking Alpha
- Gladstone Capital Corporation Announces Election of Katharine Cornell Gorka as DirectorAccesswire
- Gladstone Capital Announces Financing To Support RPM Accesswire
- Gladstone Capital (GLAD) Upgraded to Buy: Here's Why [Yahoo! Finance]Yahoo! Finance
GLAD
Earnings
- 8/7/24 - Beat
GLAD
Sec Filings
- 8/27/24 - Form 3
- 8/22/24 - Form 8-K
- 8/16/24 - Form 8-K
- GLAD's page on the SEC website