Gladstone Investment Corporation (1G3)
XDUS 
Summary
1G3 Chart
Gladstone Investment: A Fair Price For A Great Business
Valuations across equities and bonds are stretched, making traditional asset classes unattractive and prompting a search for value in less crowded sectors. Top business development companies like ARCC and MAIN are currently overvalued, offering limited upside and heightened risk at current prices. Gladstone Investment stands out for its unique equity-focused BDC strategy, mature portfolio, and trades near book value, unlike its peers.
Gladstone's Common Vs. Bonds: Who Will Win?
Gladstone Investment is a strong BDC, but its common stock is risky due to high leverage, concentrated holdings, and a premium valuation. Baby bonds GAINI and GAINZ offer attractive yields (8.06%-8.16%) with lower risk and higher capital protection than the common stock. Leveraged baby bonds deliver a solid 10.74%-10.94% ROE, slightly below the common stock, but with much less volatility and risk.
Gladstone Investment: Reliance On Equity Investments Warrants Caution
I maintain a hold rating on GAIN, due to increased non-accruals and heavy reliance on equity investments, which are riskier in a high-rate environment. While GAIN offers a compelling 6.5% dividend yield and solid recent earnings, the premium to NAV and economic uncertainties make the stock expensive now. Non-accruals have risen to 13.1% of cost, signaling some portfolio deterioration and raising concerns about future earnings sustainability if rates stay high.
Gladstone Investment Corporation Dividends
| GAIN In 2 months Announced | Monthly | $0.08 Per Share |
| GAIN In 4 weeks Announced | Monthly | $0.08 Per Share |
| GAIN 1 day ago Announced | Monthly | $0.08 Per Share |
| GAIN 1 month ago Paid | Monthly | $0.08 Per Share |
| GAIN 1 month ago Paid | Other | $0.54 Per Share |
Gladstone Investment Corporation Earnings
| 12 Aug 2025 (In 3 weeks) Date | | 0.23 Cons. EPS | - EPS |
| 4 Aug 2025 (In 1 week) Date | | 0.23 Cons. EPS | - EPS |
| 30 Jul 2025 (In 1 week) Date | | 0.23 Cons. EPS | - EPS |
| 6 May 2025 Date | | 0.23 Cons. EPS | 0.2 EPS |
| 4 Feb 2025 Date | | 0.24 Cons. EPS | 0.03 EPS |
| GAIN In 2 months Announced | Monthly | $0.08 Per Share |
| GAIN In 4 weeks Announced | Monthly | $0.08 Per Share |
| GAIN 1 day ago Announced | Monthly | $0.08 Per Share |
| GAIN 1 month ago Paid | Monthly | $0.08 Per Share |
| GAIN 1 month ago Paid | Other | $0.54 Per Share |
| 12 Aug 2025 (In 3 weeks) Date | | 0.23 Cons. EPS | - EPS |
| 4 Aug 2025 (In 1 week) Date | | 0.23 Cons. EPS | - EPS |
| 30 Jul 2025 (In 1 week) Date | | 0.23 Cons. EPS | - EPS |
| 6 May 2025 Date | | 0.23 Cons. EPS | 0.2 EPS |
| 4 Feb 2025 Date | | 0.24 Cons. EPS | 0.03 EPS |
Gladstone Investment Corporation (1G3) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
What is the earnings per share?
When is the next earnings date?
Has Gladstone Investment Corporation ever had a stock split?
Gladstone Investment Corporation Profile
| XDUS Exchange | US Country |
Overview
Gladstone Investment Corporation is a business development company that focuses on investments in lower middle market and mature stage companies. It primarily engages in buyouts, refinancing of existing debt, and offers a range of debt and equity financing solutions. The company has a clear preference for investing in the manufacturing, consumer products, and business/consumer services sectors. Target companies are generally small to mid-sized, based in the United States, with revenues between $20 million and $100 million and EBITDA from $3 million to $20 million. Gladstone Investment Corporation aims for a minority equity ownership but is also open to taking a majority stake and often seeks a board seat in its portfolio companies. Its investment horizon is typically around seven years, looking to exit via sale or recapitalization, initial public offering, or sale to a third party.
Products and Services
- Senior Debt Securities
- Senior Subordinated Debt Securities
- Junior Subordinated Debt Securities
- Limited Liability Company Interests
- Warrants or Options
Includes senior loans, senior term loans, lines of credit, and senior notes. These are prioritized debt instruments that offer financing solutions to companies looking to refinance existing obligations or fund their operations and growth initiatives.
Encompasses senior subordinated loans and senior subordinated notes, which are a step below senior debts in terms of repayment priority but offer a higher yield, catering to companies needing more flexible debt structures.
Includes subordinated notes and mezzanine loans, representing even riskier debt options with potentially higher returns, used typically for growth financing under conditions of higher financial leverage.
This represents equity investments in small and mid-sized companies, showing Gladstone's investment in company ownership and potential influence on company management and operations.
Offer the capability to invest in a company's growth potential through instruments that provide the right, but not the obligation, to buy equity at a predetermined price, allowing for flexible and strategic equity participation in portfolio companies.
Contact Information
