Gladstone Investment (NASDAQ:GAIN) Upgraded at B. Riley

B. Riley upgraded shares of Gladstone Investment (NASDAQ:GAIN) to a hold rating in a report published on Monday,Zacks.com reports. B. Riley also issued estimates for Gladstone Investment’s Q1 2027 earnings at $0.23 EPS, Q2 2027 earnings at $0.23 EPS, Q3 2027 earnings at $0.23 EPS, Q4 2027 earnings at $0.23 EPS and FY2027 earnings at $0.92 EPS.

Other research analysts have also issued reports about the stock. LADENBURG THALM/SH SH reaffirmed a “neutral” rating on shares of Gladstone Investment in a research note on Wednesday, May 14th. Citigroup lowered shares of Gladstone Investment to a “neutral” rating in a research note on Wednesday, May 14th.

Gladstone Investment Trading Up 0.1%

Shares of Gladstone Investment stock opened at $14.06 on Monday. The firm has a market capitalization of $517.97 million, a PE ratio of 7.90 and a beta of 0.89. Gladstone Investment has a twelve month low of $11.42 and a twelve month high of $15.34. The firm’s 50-day moving average price is $14.13 and its 200 day moving average price is $13.62.

Gladstone Investment (NASDAQ:GAIN) last issued its quarterly earnings results on Tuesday, May 13th. The investment management company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.03. The firm had revenue of $27.55 million for the quarter, compared to analyst estimates of $24.96 million. Gladstone Investment had a net margin of 69.74% and a return on equity of 7.31%. On average, sell-side analysts predict that Gladstone Investment will post 0.96 EPS for the current fiscal year.

Gladstone Investment Announces Dividend

The company also recently declared a dividend, which was paid on Friday, May 30th. Stockholders of record on Thursday, May 22nd were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a dividend yield of 6.55%. Gladstone Investment’s dividend payout ratio is currently 53.93%.

Institutional Trading of Gladstone Investment

Hedge funds and other institutional investors have recently made changes to their positions in the company. Atlantic Union Bankshares Corp increased its holdings in Gladstone Investment by 1.0% in the 4th quarter. Atlantic Union Bankshares Corp now owns 90,418 shares of the investment management company’s stock valued at $1,198,000 after purchasing an additional 873 shares during the last quarter. NewEdge Advisors LLC increased its holdings in Gladstone Investment by 6.2% in the 1st quarter. NewEdge Advisors LLC now owns 19,626 shares of the investment management company’s stock valued at $262,000 after purchasing an additional 1,150 shares during the last quarter. Albert D Mason Inc. increased its holdings in Gladstone Investment by 2.7% in the 1st quarter. Albert D Mason Inc. now owns 51,241 shares of the investment management company’s stock valued at $685,000 after purchasing an additional 1,332 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in Gladstone Investment by 4.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 34,065 shares of the investment management company’s stock valued at $451,000 after purchasing an additional 1,365 shares during the last quarter. Finally, Cornerstone Wealth Management LLC increased its holdings in Gladstone Investment by 15.6% in the 1st quarter. Cornerstone Wealth Management LLC now owns 11,828 shares of the investment management company’s stock valued at $158,000 after purchasing an additional 1,600 shares during the last quarter. Institutional investors and hedge funds own 11.85% of the company’s stock.

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.