Gladstone Investment (NASDAQ:GAIN) Upgraded by B. Riley to “Hold” Rating

B. Riley upgraded shares of Gladstone Investment (NASDAQ:GAIN) to a hold rating in a report released 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.

Several other research analysts have also recently weighed in on the company. Citigroup cut Gladstone Investment to a “neutral” rating in a research report on Wednesday, May 14th. LADENBURG THALM/SH SH reaffirmed a “neutral” rating on shares of Gladstone Investment in a research report on Wednesday, May 14th.

Gladstone Investment Trading Down 0.7%

NASDAQ:GAIN opened at $14.05 on Monday. Gladstone Investment has a 1 year low of $11.42 and a 1 year high of $15.34. The stock has a market cap of $517.60 million, a price-to-earnings ratio of 7.89 and a beta of 0.89. The stock has a 50-day moving average price of $14.11 and a two-hundred day moving average price of $13.61.

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

Gladstone Investment Announces Dividend

The business also recently announced a dividend, which was paid on Friday, May 30th. Investors 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 yield of 6.55%. Gladstone Investment’s payout ratio is presently 53.93%.

Institutional Trading of Gladstone Investment

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Melia Wealth LLC raised its holdings in Gladstone Investment by 4.2% during the first quarter. Melia Wealth LLC now owns 1,088,798 shares of the investment management company’s stock worth $14,546,000 after acquiring an additional 44,377 shares in the last quarter. LPL Financial LLC raised its stake in Gladstone Investment by 17.8% in the fourth quarter. LPL Financial LLC now owns 190,065 shares of the investment management company’s stock valued at $2,518,000 after buying an additional 28,660 shares during the period. Blair William & Co. IL raised its stake in Gladstone Investment by 4.1% in the first quarter. Blair William & Co. IL now owns 168,436 shares of the investment management company’s stock valued at $2,250,000 after buying an additional 6,691 shares during the period. Cassaday & Co Wealth Management LLC raised its stake in Gladstone Investment by 4.2% in the first quarter. Cassaday & Co Wealth Management LLC now owns 112,500 shares of the investment management company’s stock valued at $1,503,000 after buying an additional 4,500 shares during the period. Finally, Legacy Capital Wealth Partners LLC raised its stake in Gladstone Investment by 11.8% in the first quarter. Legacy Capital Wealth Partners LLC now owns 106,088 shares of the investment management company’s stock valued at $1,417,000 after buying an additional 11,232 shares during the period. Institutional investors own 11.85% of the company’s stock.

About Gladstone Investment

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.