Symbols / GAIN Stock $16.22 -1.28% Gladstone Investment Corporatio

Financial Services • Asset Management • United States • NMS
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Asset Management
CEO Mr. David A. R. Dullum
Exch · Country NMS · United States
Market Cap
Enterprise Value 1.22B
Income 120.25M
Sales 101.43M
FCF (ttm) 29.84M
Book/sh 14.95
Cash/sh 0.04
Employees
Insider 10d
IPO Jun 23, 2005
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 30.38%
P/E 5.13
Forward P/E 18.43
PEG 5.41
P/S
P/B 1.08
P/C
EV/EBITDA
EV/Sales 12.07
Quick Ratio 0.15
Current Ratio 0.18
Debt/Eq 96.04
LT Debt/Eq
EPS (ttm) 3.16
EPS next Y 0.88
EPS Growth 58.50%
Revenue Growth 17.30%
EPS Gr Q/Q 71.20%
Rev Gr Q/Q
Earnings (next) 2026-05-12
Earnings (prior) 2026-02-03
ROA 2.93%
ROE 22.16%
ROIC
Gross Margin 100.00%
Oper. Margin 15.79%
Profit Margin 118.55%
Shs Outstand
Shs Float
Insider Own 1.85%
Instit Own 17.26%
Short Float 3.19%
Short Ratio 3.43
Short Interest 1.24M
52W High 16.94
vs 52W High -4.25%
52W Low 13.11
vs 52W Low 23.72%
Beta 0.76
Impl. Vol. 56.15%
Rel Volume 1.11
Avg Volume 327.86K
Volume 365.03K
Target (mean) $14.83
Tgt Median $15.00
Tgt Low $14.50
Tgt High $15.00
# Analysts 3
Recom None
Prev Close $16.43
Price $16.22
Change -1.28%
About

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. The fund does not invest in start-ups. The fund seeks to invest in manufacturing, consumer products and business/consumer services sector. It seeks to invest in small and mid-sized companies based in the United States. The fund prefers to make debt investments between $5 million and $30 million and equity investments between $10 million and $40 million in companies. The fund invests in companies with EBITDA from $4 million to $15 million. It seeks minority equity ownership and prefers to hold a board seat in its portfolio companies. It also prefers to take majority stake in its portfolio companies. The fund typically holds the investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$16.22
Low
$14.50
High
$15.00
Mean
$14.83

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-04 main Oppenheimer Outperform → Outperform $15
2025-09-05 init Clear Street — → Buy $15
2025-05-14 down Ladenburg Thalmann Buy → Neutral
2024-11-11 main B. Riley Securities Neutral → Neutral $14
2024-08-07 main B. Riley Securities Neutral → Neutral $13
2024-05-10 reit B. Riley Securities Neutral → Neutral $14
2024-05-09 down Ladenburg Thalmann Buy → Neutral $14
2023-05-15 reit Oppenheimer Perform → Perform $15
2022-11-02 up Ladenburg Thalmann Neutral → Buy $14
2021-04-21 init Oppenheimer — → Perform
2020-02-06 down Wedbush Outperform → Neutral $14
2019-05-15 down Ladenburg Thalmann Buy → Neutral
2018-03-06 up Wedbush Neutral → Outperform $11
2017-11-20 down Wedbush Outperform → Neutral
2017-11-03 main Jefferies — → Hold $10
2017-06-14 init Wedbush — → Outperform $10
2016-04-29 init Janney Montgomery Scott — → Buy
2015-07-01 init Jefferies — → Hold $8
2014-05-23 down Ladenburg Thalmann Buy → Neutral
2014-01-22 up Ladenburg Thalmann Neutral → Buy $9
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total Revenue
61.63
-22.03%
79.05
+142.07%
32.66
-67.06%
99.15
Operating Revenue
61.63
-22.03%
79.05
+142.07%
32.66
-67.06%
99.15
Operating Expense
-3.69
+41.11%
-6.26
-116.36%
-2.89
+8.68%
-3.17
Selling General And Administration
8.21
+33.42%
6.15
-12.08%
7.00
+9.35%
6.40
General And Administrative Expense
8.21
+33.42%
6.15
-12.08%
7.00
+9.35%
6.40
Other Operating Expenses
-11.89
+4.16%
-12.41
-25.48%
-9.89
-3.38%
-9.57
Net Income
65.32
-23.43%
85.31
+139.98%
35.55
-65.26%
102.32
Pretax Income
65.32
-23.43%
85.31
+139.98%
35.55
-65.26%
102.32
Net Interest Income
55.37
-4.00%
57.67
+29.90%
44.40
-4.66%
46.57
Interest Expense
28.25
+17.10%
24.12
+51.92%
15.88
+21.40%
13.08
Interest Income
83.61
+2.22%
81.79
+35.70%
60.28
+1.05%
59.65
Gain On Sale Of Security
63.18
+108.83%
30.26
+181.37%
10.75
-13.59%
12.44
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
65.32
-23.43%
85.31
+139.98%
35.55
-65.26%
102.32
Net Income From Continuing Operation Net Minority Interest
65.32
-23.43%
85.31
+139.98%
35.55
-65.26%
102.32
Net Income From Continuing And Discontinued Operation
65.32
-23.43%
85.31
+139.98%
35.55
-65.26%
102.32
Net Income Continuous Operations
65.32
-23.43%
85.31
+139.98%
35.55
-65.26%
102.32
Normalized Income
65.32
-23.43%
85.31
+139.98%
35.55
-65.26%
102.32
Net Income Common Stockholders
65.32
-23.43%
85.31
+139.98%
35.55
-65.26%
102.32
Diluted EPS
1.78
-27.94%
2.47
+130.84%
1.07
-65.26%
3.08
Basic EPS
1.78
-27.94%
2.47
+130.84%
1.07
-65.26%
3.08
Basic Average Shares
36.74
+6.58%
34.47
+3.47%
33.31
+0.32%
33.21
Diluted Average Shares
36.74
+6.58%
34.47
+3.47%
33.31
+0.32%
33.21
Diluted NI Availto Com Stockholders
65.32
-23.43%
85.31
+139.98%
35.55
-65.26%
102.32
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total Assets
1,006.40
+7.28%
938.08
+22.52%
765.64
+3.41%
740.41
Cash And Cash Equivalents
14.30
+481.22%
2.46
-8.31%
2.68
-81.09%
14.19
Receivables
8.47
-23.35%
11.05
+59.35%
6.94
-26.58%
9.45
Investments And Advances
979.32
+6.39%
920.50
+22.16%
753.54
+5.48%
714.40
Total Liabilities Net Minority Interest
507.32
+13.91%
445.37
+36.66%
325.90
+10.63%
294.58
Payables
50.75
+9.70%
46.27
+41.36%
32.73
-0.53%
32.90
Accounts Payable
6.17
+47.01%
4.20
+35.61%
3.10
+3.55%
2.99
Other Payable
44.58
+5.97%
42.07
+41.96%
29.64
-0.94%
29.91
Long Term Debt And Capital Lease Obligation
455.71
+14.40%
398.35
+36.14%
292.61
+11.96%
261.35
Preferred Securities Outside Stock Equity
0.00
Stockholders Equity
499.08
+1.29%
492.71
+12.05%
439.74
-1.37%
445.83
Common Stock Equity
499.08
+1.29%
492.71
+12.05%
439.74
-1.37%
445.83
Capital Stock
0.04
+0.00%
0.04
+8.82%
0.03
+3.03%
0.03
Common Stock
0.04
+0.00%
0.04
+8.82%
0.03
+3.03%
0.03
Share Issued
36.84
+0.41%
36.69
+9.22%
33.59
+1.16%
33.21
Ordinary Shares Number
36.84
+0.41%
36.69
+9.22%
33.59
+1.16%
33.21
Additional Paid In Capital
445.51
+0.18%
444.71
+10.68%
401.80
+0.97%
397.95
Retained Earnings
-5.33
+72.78%
-19.56
-253.94%
-5.53
+57.47%
-12.99
Total Equity Gross Minority Interest
499.08
+1.29%
492.71
+12.05%
439.74
-1.37%
445.83
Total Capitalization
954.79
+7.15%
891.06
+21.67%
732.35
+3.56%
707.18
Invested Capital
954.79
+7.15%
891.06
+21.67%
732.35
+3.56%
707.18
Total Debt
455.71
+14.40%
398.35
+36.14%
292.61
+11.96%
261.35
Net Debt
441.41
+11.50%
395.88
+36.55%
289.92
+17.30%
247.16
Net Tangible Assets
499.08
+1.29%
492.71
+12.05%
439.74
-1.37%
445.83
Tangible Book Value
499.08
+1.29%
492.71
+12.05%
439.74
-1.37%
445.83
Cash Cash Equivalents And Federal Funds Sold
15.15
+370.62%
3.22
-0.86%
3.25
-77.59%
14.49
Financial Assets Designatedas Fair Value Through Profitor Loss Total
979.32
+6.39%
920.50
+22.16%
753.54
+5.48%
714.40
Investmentin Financial Assets
979.32
+6.39%
920.50
+22.16%
753.54
+5.48%
714.40
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Cash Flow
16.31
+123.32%
-69.94
-1452.80%
-4.50
-112.31%
36.60
Net Income From Continuing Operations
65.32
-23.43%
85.31
+139.98%
35.55
-65.26%
102.32
Other Non Cash Items
4.45
+93.10%
2.31
+7.16%
2.15
-16.49%
2.58
Gain Loss On Investment Securities
-58.82
+64.83%
-167.22
-276.04%
-44.47
+43.46%
-78.65
Change In Working Capital
5.35
-44.68%
9.68
+326.78%
2.27
-78.11%
10.35
Change In Receivables
1.30
+131.50%
-4.12
-263.96%
2.51
+146.73%
-5.37
Change In Payable
4.39
-67.43%
13.49
+5720.00%
-0.24
-101.55%
15.47
Change In Other Current Assets
-0.44
-140.88%
-0.18
+59.42%
-0.45
-313.40%
0.21
Change In Other Current Liabilities
0.10
-79.79%
0.48
+9.73%
0.44
+882.22%
0.04
Financing Cash Flow
-4.37
-106.26%
69.91
+1136.78%
-6.74
+72.48%
-24.50
Net Issuance Payments Of Debt
59.50
-44.16%
106.55
+202.70%
35.20
-68.61%
112.15
Issuance Of Debt
340.60
+7.43%
317.05
+209.32%
102.50
-58.38%
246.25
Repayment Of Debt
-281.10
-33.54%
-210.50
-212.78%
-67.30
+49.81%
-134.10
Long Term Debt Issuance
340.60
+7.43%
317.05
+209.32%
102.50
-58.38%
246.25
Long Term Debt Payments
-281.10
-33.54%
-210.50
-212.78%
-67.30
+49.81%
-134.10
Net Long Term Debt Issuance
59.50
-44.16%
106.55
+202.70%
35.20
-68.61%
112.15
Net Common Stock Issuance
2.03
-95.44%
44.51
+710.42%
5.49
0.00
Common Stock Dividend Paid
-60.95
+19.87%
-76.06
-61.66%
-47.05
-21.11%
-38.85
Cash Dividends Paid
-60.95
+19.87%
-76.06
-61.66%
-47.05
-21.11%
-38.85
Repurchase Of Capital Stock
0.00
0.00
+100.00%
-94.37
Net Other Financing Charges
0.00
0.00
0.00
0.00
Changes In Cash
11.93
+42721.43%
-0.03
+99.75%
-11.25
-192.97%
12.10
Beginning Cash Position
3.22
-0.86%
3.25
-77.59%
14.49
+504.46%
2.40
End Cash Position
15.15
+370.62%
3.22
-0.86%
3.25
-77.59%
14.49
Free Cash Flow
16.31
+123.32%
-69.94
-1452.80%
-4.50
-112.31%
36.60
Common Stock Issuance
2.03
-95.44%
44.51
+710.42%
5.49
0.00
Issuance Of Capital Stock
2.03
-95.44%
44.51
+710.42%
5.49
0.00
Net Preferred Stock Issuance
0.00
0.00
+100.00%
-94.37
Preferred Stock Issuance
0.00
0.00
Preferred Stock Payments
0.00
0.00
+100.00%
-94.37
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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