
Gladstone Capital (GLAD) Stock Forecast & Price Target
Gladstone Capital (GLAD) Analyst Ratings
Bulls say
Gladstone Cap is an externally managed, closed-end, non-diversified management investment company with a goal of achieving current income through investment in debt securities of established businesses and long-term capital appreciation through investment in equity securities. The company has a diverse portfolio with 72.5% invested in first liens, 17.5% in second liens, and 10.0% in equity/preferreds with a fair value of $859.1M across 51 portfolio companies, which has led to strong earnings with a ROE of 11.7% in the latest quarter. While a lower interest rate environment may impact future earnings, solid gains from top investments like Dutch Gold Honey and WBXcel position the company for continued outperformance and a fair value of $21.92/share.
Bears say
Gladstone Cap is a closed-end management investment company with a high degree of credit risk and the potential for competing investments to divert funds away from BDCs as long rates rise. With leverage increasing and a significant amount of debt coming due in 2026, along with the end-market risk of lending to small, illiquid businesses, Gladstone's ability to achieve its investment objectives and provide long-term capital appreciation may be limited. Additionally, the recent proactive dividend cut and potential selling pressure from tax-loss selling in the near term could further impact the company's performance.
This aggregate rating is based on analysts' research of Gladstone Capital and is not a guaranteed prediction by Public.com or investment advice.
Gladstone Capital (GLAD) Analyst Forecast & Price Prediction
Start investing in Gladstone Capital (GLAD)
Order type
Buy in
Order amount
Est. shares
0 shares