Gladstone Investment Corporation (GAIN)
Gladstone Investment: Most BDCs Will Cut, But Not This Monthly Yielder
Gladstone Investment trades at a premium of 8% and has a dividend coverage of 100%. Meanwhile, the sector median P/NAV is 0.90x, and the average base dividend coverage is 102%. This does not sound attractive at all.
Gladstone Investment Corporation Opportunities
Gladstone Investment Corporation (GAIN) offers stable yields and a diversified portfolio, making it an attractive BDC for income-focused investors. GAINZ, one of GAIN's baby bonds, is recommended as a "Buy" due to its yield above 7% and price below par, offering potential capital gains. GAIN's moderate leverage, strong asset coverage ratio, and solid 5-year NAV return of 16.79% support the investment thesis for GAINZ.
Gladstone Investment (GAIN) Q1 2026 Earnings Call Transcript
Gladstone Investment (NASDAQ:GAIN ) Q1 2026 Earnings Conference Call August 13, 2025 8:30 AM ET Company Participants Catherine Gerkis - Director of Investor Relations & ESG David A. R. Dullum - President David John Gladstone - Chairman & CEO Taylor Ritchie - CFO & Treasurer Conference Call Participants Erik Edward Zwick - Lucid Capital Markets, LLC, Research Division Mickey Max Schleien - Ladenburg Thalmann & Co. Inc., Research Division Sean-Paul Aaron Adams - B.
Gladstone Investment (GAIN) Reports Q1 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Gladstone Investment (GAIN) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Gladstone Investment (GAIN) Q1 Earnings Beat Estimates
Gladstone Investment (GAIN) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.24 per share a year ago.
What Analyst Projections for Key Metrics Reveal About Gladstone Investment (GAIN) Q1 Earnings
Get a deeper insight into the potential performance of Gladstone Investment (GAIN) for the quarter ended June 2025 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
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 (GAIN) Q4 Earnings and Revenues Top Estimates
Gladstone Investment (GAIN) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.24 per share a year ago.
Earnings Preview: Gladstone Investment (GAIN) Q4 Earnings Expected to Decline
Gladstone Investment (GAIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Gladstone Investment (GAIN) Moves 11.0% Higher: Will This Strength Last?
Gladstone Investment (GAIN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
