Gladstone Capital Corp Stock Price, News & Analysis

Gladstone Capital Corporation (NASDAQ: GLAD) has announced its Second Fiscal Quarter 2025 earnings call and webcast, scheduled for Wednesday, May 7, 2025, at 8:30 a.m. Eastern Time. The event will be accessible via webcast and phone, with a conference call replay available through May 14, 2025. Investors can join by phone at (866) 424-3437 or through the webcast link.

Gladstone Capital Corporation operates as a business development company that focuses on investing in secured first and second lien term loans to lower middle market businesses in the United States.

Gladstone Capital (Nasdaq:GLAD) has announced its monthly cash distributions for April, May, and June 2025, along with its upcoming earnings report schedule. The company declared $0.165 per share of common stock for each month, totaling $0.495 for the quarter.

For Series A Preferred Stock holders, the company will distribute $0.130208 per share monthly, amounting to $0.390624 for the quarter. The company offers a dividend reinvestment plan (DRIP) to common stockholders.

Additionally, Gladstone Capital will report its second fiscal quarter earnings (ended March 31, 2025) after market close on May 6, 2025, followed by a conference call on May 7, 2025 at 8:30 a.m. ET. The conference call replay will be available until May 14, 2025.

Gladstone Capital (GLAD) reported financial results for Q1 FY2025 ended December 31, 2024. Total investment income decreased 7.4% to $21.96 million, while net investment income increased 2.5% to $11.22 million ($0.50 per share). The company declared a total cash distribution of $0.90 per share, including a $0.40 supplemental distribution.

The quarter saw significant portfolio activity with $151.6 million invested, including $107.2 million in six new portfolio companies. The company achieved net realized gains of $57.8 million, though this was partially offset by $41.9 million in net unrealized depreciation. Net asset value per share increased by $0.33 to $21.51.

The weighted average yield on interest-bearing investments decreased to 13.1% from 14.0% in the previous quarter. First lien secured assets increased to 73.4% of debt investments at fair value.

Gladstone Capital (GLAD) has announced its First Fiscal Quarter 2024 earnings call and webcast, scheduled for Wednesday, February 12, 2025, at 8:30 a.m. Eastern Time. The event will be accessible via webcast and phone, with a conference call replay available through February 19, 2025.

Investors can join the webcast through the company's provided link or dial (866) 424-3437 for phone access. The replay can be accessed by dialing (877) 660-6853 with playback conference number 13750254. For those unable to attend live, the call will be archived on Gladstone Capital's website.

Gladstone Capital operates as a business development company that primarily invests in secured first and second lien term loans to lower middle market businesses in the United States.

Gladstone Capital (Nasdaq:GLAD) has announced its monthly cash distributions for Q1 2025 and upcoming earnings call details. The company declared monthly common stock distributions of $0.165 per share for January, February, and March 2025, totaling $0.495 for the quarter. Additionally, the Series A Preferred Stock will receive monthly distributions of $0.130208 per share, totaling $0.390624 for the quarter.

The company will report its Q1 FY2025 earnings (period ended December 31, 2024) after market close on February 11, 2025, followed by a conference call on February 12, 2025, at 8:30 a.m. ET. A conference call replay will be available until February 19, 2025. The company maintains a dividend reinvestment plan (DRIP) for common stockholders.

Gladstone Capital (NASDAQ:GLAD) announced that Terry Lee Brubaker will retire as Chief Operating Officer effective December 2, 2024. Brubaker will also step down from his roles at Gladstone Management and Gladstone Administration, Michael LiCalsi, the Company's General Counsel and Secretary, will assume additional operational responsibilities while a national search for a Chief Investment Officer is conducted to handle Brubaker's investment committee duties.

Gladstone Capital (GLAD) reported financial results for Q4 and fiscal year 2024. Q4 saw total investment income decrease 7.7% to $23.7M, while net investment income was $11.0M ($0.50 per share). For FY2024, total investment income increased 11.8% to $96.6M, with net investment income rising 12.3% to $46.1M ($2.11 per share). The company's portfolio showed strong performance with secured first lien assets over 70% of debt investments and a weighted average yield of 14.0%. Notable post-quarter events include the sale of Antenna Research Associates generating a $59.3M realized gain and a newly declared supplemental distribution of $0.40 per share.

Gladstone Capital (NASDAQ:GLAD) has declared a $0.40 supplemental cash distribution per share to common stockholders, payable on December 18, 2024, with a record date of December 4. This special distribution follows the company's successful sale of its equity interest and debt investment prepayment in Antenna Research Associates, Inc., which resulted in a significant capital gain. The company maintains a dividend reinvestment plan (DRIP) for common stockholders.

Gladstone Capital (GLAD) has announced its Fourth Fiscal Quarter 2024 Earnings Call & Webcast, scheduled for Thursday, November 14, 2024, at 8:30 a.m. Eastern Time. The event will be accessible via webcast and phone, with a conference call replay available until November 21, 2024. Gladstone Capital operates as a business development company, focusing on secured first and second lien term loans to lower middle market businesses in the United States.