Gladstone Capital Corporation is a private equity and a venture capital fund specializing in lower middle market, growth capital, add on acquisitions, debt investments in senior loans, second lien loans, senior subordinated loans, junior subordinated loans, and mezzanine loans and equity investments in the form of common stock, preferred stock, limited liability company interests, or warrants. It operates as a business development company. The fund also makes private equity investments in acquisitions, buyouts and recapitalizations, and refinancing existing debts. It targets small and medium-sized companies in United States. It invests in companies engaged in the business services, light and specialty manufacturing, niche industrial products and services, specialty consumer products and services, energy services, transportation and logistics, healthcare and education services, specialty chemicals, media and communications and aerospace and defense. The fund seeks to invest between $7 million and $30 million in companies that have between $20 million and $150 million in sales and EBITDA between $3 million and $25 million. It prefers to acquire minority stakes. It seeks to exit its investments through strategic acquisitions by other industry participants or financial buyers, initial public offerings of common stock, or other capital market transactions.
IPO Year: 2001
Exchange: NASDAQ
Website: gladstonecapital.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/23/2024 | $23.00 | Neutral | B. Riley Securities |
| 7/5/2023 | $11.00 | Buy | Jefferies |
| 7/12/2022 | Neutral | Janney | |
| 4/6/2022 | Mkt Perform | Raymond James | |
| 6/29/2021 | $10.00 | Perform | Oppenheimer |
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B. Riley Securities initiated coverage of Gladstone with a rating of Neutral and set a new price target of $23.00
Jefferies initiated coverage of Gladstone with a rating of Buy and set a new price target of $11.00
Janney initiated coverage of Gladstone with a rating of Neutral
Raymond James initiated coverage of Gladstone with a rating of Mkt Perform
Oppenheimer initiated coverage of Gladstone Capital with a rating of Perform and set a new price target of $10.00
MCLEAN, VA / ACCESSWIRE / January 14, 2025 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions for January, February and March 2025 and also announced its plan to report earnings for its first fiscal quarter ended December 31, 2024.Cash Distributions:Common Stock: $0.165 per share of common stock for each of January, February and March 2025, payable per the table below.Record DatePayment Date Cash Distribution January 24January 31 $0.165 February 19February 28 $0.165 March 19March 31 $0.165 Total for the Quarter: $0.495 The Company offers a dividend reinvestment plan (the "DRIP") to its co
MCLEAN, VA / ACCESSWIRE / November 15, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") announced that Terry Lee Brubaker will be retiring as Chief Operating Officer of the Company effective December 2, 2024. Mr. Brubaker is also retiring as director and executive officer of Gladstone Management Corporation, the Company's investment adviser, and as a member of the board of managers and an executive officer of Gladstone Administration, LLC, the Company's administrator, also effective December 2, 2024. Following Mr. Brubaker's departure, Michael LiCalsi, the Company's General Counsel and Secretary, who also serves as Gladstone Administration's President, General Counsel and S
MCLEAN, VA / ACCESSWIRE / November 13, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") today announced earnings for its fourth quarter and fiscal year ended September 30, 2024. Please read the Company's Annual Report on Form 10-K filed today with the U.S. Securities and Exchange Commission (the "SEC"), which is available on the SEC's website at www.sec.gov and the Investors section of the Company's website at www.GladstoneCapital.com.Summary Information (dollars in thousands, except per share data) (unaudited): For the Quarter Ended: September 30,2024 June 30,2024 Change % Change Total investment income $23,714 $25,689 $(1,975) (7.7)%Total expenses, net
MCLEAN, VA / ACCESSWIRE / November 12, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") announced today that its board of directors declared the following additional supplemental cash distribution to common stockholders payable in December 2024.Common Stock: A supplemental distribution of $0.40 per share of common stock in December 2024 payable per the table below.Record DatePayment DateCash DistributionDecember 4December 18$0.40On November 4, 2024, the Company announced the sale of its equity interest and the prepayment of its debt investment in Antenna Research Associates, Inc. As a result of the transaction, the Company realized a significant gain on its equity investmen
MCLEAN, VA / ACCESSWIRE / November 12, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) announces the following event:What:Gladstone Capital Corporation's Fourth Fiscal Quarter ended September 30, 2024 Earnings Call & WebcastWhen:Thursday, November 14, 2024 @ 8:30 a.m. Eastern TimeWebsite:https://event.choruscall.com/mediaframe/webcast.html?webcastid=pT6trqFdHow:By webcast -- Log on to the web at the address above By phone -- Please call (866) 424-3437Contact:Gladstone Capital Corporation, (703) 287-5893A conference call replay will be available after the call and will be accessible through November 21, 2024. To hear the replay, please dial (877) 660-6853 and use playback conference number
MCLEAN, VA / ACCESSWIRE / November 4, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) ("Gladstone Capital") announced today the sale of its equity interest and the prepayment of its debt investment in Antenna Research Associates, Inc. ("ARA"). As a result of this transaction, Gladstone Capital realized a significant gain on its equity investment. Gladstone Capital in combination with ARA's management and institutional co-investors acquired ARA in November 2018.ARA, founded in 1963 and headquartered in Laurel, Maryland, has over 60 years of experience designing, developing, and manufacturing antennas and RF systems for both military and civilian applications across a multitude of industrie
MCLEAN, VA / ACCESSWIRE / November 1, 2024 / Gladstone Securities LLC, an affiliated broker-dealer of The Gladstone Companies that acts as dealer manager on alternative investment offerings for certain affiliated Gladstone funds, including Gladstone Capital Corporation (NASDAQ:GLAD), Gladstone Land Corporation (NASDAQ:LAND) and Gladstone Commercial Corporation (NASDAQ:GOOD), has hired Stephanie Conkright as a Director of National Accounts, primarily covering the Independent Broker Dealer channel. Stephanie will join Sean Boyd (Director of National Accounts) as he transitions to primarily developing and covering the RIA channel.Ms. Conkright, based in Irvine, California, has over 17 years of
MCLEAN, VA / ACCESSWIRE / October 8, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions for October, November and December 2024 and also announced its plan to report earnings for its fourth fiscal quarter ended September 30, 2024.Cash Distributions:Common Stock: $0.165 per share of common stock for each of October, November and December 2024, payable per the table below.Record DatePayment DateCash DistributionOctober 22October 31$0.165November 20November 29$0.165December 20December 31$0.165Total for the Quarter:$0.495The Company offers a dividend reinvestment plan (the "DRIP") to its
MCLEAN, VA / ACCESSWIRE / October 7, 2024 / Gladstone Securities LLC ("Company"), an affiliated broker-dealer of The Gladstone Companies, that acts as dealer manager on alternative investment offerings for certain affiliated Gladstone funds, including Gladstone Capital Corporation (NASDAQ:GLAD), Gladstone Land Corporation (NASDAQ:LAND) and Gladstone Commercial Corporation (NASDAQ:GOOD), has hired Bryan Bluth as its External Wholesaler for the Western United States and Tim McCabe as its External Wholesaler for the Eastern United States, both reporting to John Sabey, the Company's Director of National Sales.Mr. Bluth, based in Arizona, joins the Company as the Western Region External Wholesale
MCLEAN, VA / ACCESSWIRE / August 22, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") announced that Katharine Cornell Gorka has been elected to the 2027 class of Directors for the Company, effective August 22, 2024. Ms. Gorka, 64, is the President of Threat Knowledge Group, which provides training and expertise on threats to U.S. national security, and also serves as the chair of the Fairfax County Republican Party. Ms. Gorka previously served as a Senior Policy Advisor in the Office of Policy at the U.S. Department of Homeland Security from 2017 until 2020. In 2020, Ms. Gorka served as Press Secretary for U.S. Customs and Border Protection, and from 2020 to 2022 she serve
MCLEAN, VA / ACCESSWIRE / November 15, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") announced that Terry Lee Brubaker will be retiring as Chief Operating Officer of the Company effective December 2, 2024. Mr. Brubaker is also retiring as director and executive officer of Gladstone Management Corporation, the Company's investment adviser, and as a member of the board of managers and an executive officer of Gladstone Administration, LLC, the Company's administrator, also effective December 2, 2024. Following Mr. Brubaker's departure, Michael LiCalsi, the Company's General Counsel and Secretary, who also serves as Gladstone Administration's President, General Counsel and S
MCLEAN, VA / ACCESSWIRE / April 19, 2021 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") is pleased to announce that James Mazza has joined the Company as a Director in Los Angeles. Mr. Mazza will be responsible for originating, structuring, and managing debt and co-equity investment opportunities, as well as leading the Company's West Coast coverage efforts.Mr. Mazza joins the Company from Levine Leichtman Capital Partners ("LLCP"), a Los Angeles-based private equity firm. While at LLCP, Mr. Mazza was responsible for the origination and due diligence of new growth equity investments. Prior to his time at LLCP, Mr. Mazza worked as a Vice President in GE Capital's Corporate Fina
MCLEAN, VA / ACCESSWIRE / January 12, 2021 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions for January, February and March 2021 and also announced its plan to report earnings for its first fiscal quarter ended December 31, 2020. Cash Distributions: Common Stock: $0.065 per share of common stock for each of January, February and March 2021, payable per the table below. Record Date Payment Date Cash Distribution January 22 January 29 $0.065 February 17 February 26
MCLEAN, VA / ACCESSWIRE / January 14, 2025 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions for January, February and March 2025 and also announced its plan to report earnings for its first fiscal quarter ended December 31, 2024.Cash Distributions:Common Stock: $0.165 per share of common stock for each of January, February and March 2025, payable per the table below.Record DatePayment Date Cash Distribution January 24January 31 $0.165 February 19February 28 $0.165 March 19March 31 $0.165 Total for the Quarter: $0.495 The Company offers a dividend reinvestment plan (the "DRIP") to its co
MCLEAN, VA / ACCESSWIRE / November 13, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") today announced earnings for its fourth quarter and fiscal year ended September 30, 2024. Please read the Company's Annual Report on Form 10-K filed today with the U.S. Securities and Exchange Commission (the "SEC"), which is available on the SEC's website at www.sec.gov and the Investors section of the Company's website at www.GladstoneCapital.com.Summary Information (dollars in thousands, except per share data) (unaudited): For the Quarter Ended: September 30,2024 June 30,2024 Change % Change Total investment income $23,714 $25,689 $(1,975) (7.7)%Total expenses, net
MCLEAN, VA / ACCESSWIRE / November 12, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") announced today that its board of directors declared the following additional supplemental cash distribution to common stockholders payable in December 2024.Common Stock: A supplemental distribution of $0.40 per share of common stock in December 2024 payable per the table below.Record DatePayment DateCash DistributionDecember 4December 18$0.40On November 4, 2024, the Company announced the sale of its equity interest and the prepayment of its debt investment in Antenna Research Associates, Inc. As a result of the transaction, the Company realized a significant gain on its equity investmen
MCLEAN, VA / ACCESSWIRE / November 12, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) announces the following event:What:Gladstone Capital Corporation's Fourth Fiscal Quarter ended September 30, 2024 Earnings Call & WebcastWhen:Thursday, November 14, 2024 @ 8:30 a.m. Eastern TimeWebsite:https://event.choruscall.com/mediaframe/webcast.html?webcastid=pT6trqFdHow:By webcast -- Log on to the web at the address above By phone -- Please call (866) 424-3437Contact:Gladstone Capital Corporation, (703) 287-5893A conference call replay will be available after the call and will be accessible through November 21, 2024. To hear the replay, please dial (877) 660-6853 and use playback conference number
MCLEAN, VA / ACCESSWIRE / October 8, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions for October, November and December 2024 and also announced its plan to report earnings for its fourth fiscal quarter ended September 30, 2024.Cash Distributions:Common Stock: $0.165 per share of common stock for each of October, November and December 2024, payable per the table below.Record DatePayment DateCash DistributionOctober 22October 31$0.165November 20November 29$0.165December 20December 31$0.165Total for the Quarter:$0.495The Company offers a dividend reinvestment plan (the "DRIP") to its
MCLEAN, VA / ACCESSWIRE / August 7, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") today announced earnings for its third fiscal quarter ended June 30, 2024. Please read the Company's Quarterly Report on Form 10-Q filed today with the U.S. Securities and Exchange Commission (the "SEC"), which is available on the SEC's website at www.sec.gov and the Investors section of the Company's website at www.GladstoneCapital.com.Summary Information (dollars in thousands, except per share data) (unaudited): For the Quarter Ended: June 30,2024 March 31,2024 Change % Change Total investment income $25,689 $23,997 $1,692 7.1%Total expenses, net of credits (13,296)
MCLEAN, VA / ACCESSWIRE / August 6, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) announces the following event:What:Gladstone Capital Corporation's Third Fiscal Quarter ended June 30, 2024Earnings Call & Webcast When:Thursday, August 8, 2024 @ 8:30 a.m. Eastern Time Website:https://event.choruscall.com/mediaframe/webcast.html?webcastid=Is7FKBM3 How:By webcast -- Log on to the web at the address above By phone -- Please call (866) 424-3437 Contact:Gladstone Capital Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through August 15, 2024. To hear the replay, please dial (877) 660-6853 and use playback conference number 13746757
MCLEAN, VA / ACCESSWIRE / July 9, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions for July, August and September 2024 and also announced its plan to report earnings for its third fiscal quarter ended June 30, 2024.Cash Distributions:Common Stock: $0.165 per share of common stock for each of July, August and September 2024, payable per the table below.Record DatePayment Date Cash Distribution July 22July 31 $0.165 August 21August 30 $0.165 September 20September 30 $0.165 Total for the Quarter: $0.495 The Company offers a dividend reinvestment plan (the "DRIP") to its common stockh
MCLEAN, VA / ACCESSWIRE / May 1, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") today announced earnings for its second fiscal quarter ended March 31, 2024. Please read the Company's Quarterly Report on Form 10-Q filed today with the U.S. Securities and Exchange Commission (the "SEC"), which is available on the SEC's website at www.sec.gov and the investors section of the Company's website at www.GladstoneCapital.com.Summary Information (dollars in thousands, except per share data) (unaudited):For the Quarter Ended: March 31,2024 December 31,2023 Change % Change Total investment income $23,997 $23,221 $776 3.3%Total expenses, net of credits (13,220)
MCLEAN, VA / ACCESSWIRE / April 30, 2024 / Gladstone Capital Corporation (NASDAQ:GLAD) announces the following event:What:Gladstone Capital Corporation's Second Fiscal Quarter ended March 31, 2024 Earnings Call & Webcast When:Thursday, May 2, 2024 @ 8:30 a.m. Eastern Time Website:https://event.choruscall.com/mediaframe/webcast.html?webcastid=UwshxZEU How:By webcast -- Log on to the web at the address above By phone -- Please call (866) 424-3437 Contact:Gladstone Capital Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through May 9, 2024. To hear the replay, please dial (877) 660-6853 and use playback conference number 13744826.If