Gladstone Investment Corporation GAIN Stock Analysis
- Nasdaq
- Stock
- Market closed · opens Monday 9:30 AM ET
$14.86 down $0.08, 0.54% at close Nov 6
Last close · Previous close $14.94
- Market cap
- $591.75MAt the Nov 6 close
- P/E ratio
- 3.53On last 12 months’ EPS
- Diluted EPS
- $4.21Last 12 months
- Dividend yield
- 6.46%Last 12 months
Price chart
$14.86down $0.08, 0.54%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$14.94Nov 5
- Volume183.91KNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume154.56KLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $13.11 to $17.14; now $14.86
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
GAIN beat the S&P 500 in 4 of 7 periods.
| Period | GAIN and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | GAIN: down 3.0% S&P 500: down 5.6% | GAIN beat the S&P 500 by 2.6 percentage points Beat |
| 3M | GAIN: down 10.5% S&P 500: down 4.1% | GAIN trailed the S&P 500 by 6.4 percentage points Trailed |
| YTD | GAIN: up 12.1% S&P 500: up 8.7% | GAIN beat the S&P 500 by 3.4 percentage points Beat |
| 1Y | GAIN: up 14.0% S&P 500: up 10.9% | GAIN beat the S&P 500 by 3.1 percentage points Beat |
| Long term | ||
| 3Y | GAIN: up 43.2% S&P 500: up 75.0% +12.7% vs +20.5% a year | GAIN trailed the S&P 500 by 31.8 percentage points Trailed |
| 5Y | GAIN: up 58.3% S&P 500: up 67.8% +9.6% vs +10.9% a year | GAIN trailed the S&P 500 by 9.5 percentage points Trailed |
| 10Y | GAIN: up 416.9% S&P 500: up 313.1% +17.9% vs +15.2% a year | GAIN beat the S&P 500 by 103.8 percentage points Beat |
$10,000 invested in GAIN 10 years ago (Nov 4, 2016) would be worth about $51,689 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
GAIN beat the S&P 500 in 1 of 7 periods.
| Period | GAIN and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | GAIN: down 3.5% S&P 500: down 5.6% | GAIN beat the S&P 500 by 2.1 percentage points Beat |
| 3M | GAIN: down 11.9% S&P 500: down 4.3% | GAIN trailed the S&P 500 by 7.6 percentage points Trailed |
| YTD | GAIN: up 6.4% S&P 500: up 7.8% | GAIN trailed the S&P 500 by 1.4 percentage points Trailed |
| 1Y | GAIN: up 6.9% S&P 500: up 9.7% | GAIN trailed the S&P 500 by 2.8 percentage points Trailed |
| Long term | ||
| 3Y | GAIN: up 1.0% S&P 500: up 68.8% +0.3% vs +19.1% a year | GAIN trailed the S&P 500 by 67.8 percentage points Trailed |
| 5Y | GAIN: down 9.3% S&P 500: up 56.9% −1.9% vs +9.4% a year | GAIN trailed the S&P 500 by 66.2 percentage points Trailed |
| 10Y | GAIN: up 96.0% S&P 500: up 252.6% +7.0% vs +13.4% a year | GAIN trailed the S&P 500 by 156.6 percentage points Trailed |
$10,000 invested in GAIN 10 years ago (Nov 4, 2016) would be worth about $19,604 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$17.08
Closing high on . Now 13.0% below that record.
Split-adjusted daily closes since Jun 23, 2005.
Stock splits
GAIN hasn’t split since its price history begins in 2005.
Valuation
The Nov 6 close compared with the last 12 months of reported results (the four quarters to Jun 30, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
3.5×The Nov 6 close ÷ diluted EPS over the last 12 months ($4.21)
The range covers daily P/E ratios from Oct 28, 2021 to Nov 6, 2026, each based on the previous 12 months of earnings.
GAIN trades at 3.5× its earnings over the last 12 months, below its 5-year median of 6.6×. In plain terms, buyers are paying about $4 for each $1 of profit from the past year. How to read P/E
Other valuation measures
- 5.7×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
P/S = Market cap ÷ Revenue (last 12 months)Price-to-sales ratio - 0.9×Book value as of Jun 30, 2026
Price relative to accounting equity (book value) per share on the Jun 30, 2026 balance sheet. Asset-light companies often trade far above book value.
P/B = Price ÷ Book value per sharePrice-to-book ratio - 5.7×Last 12 months’ EBITDA
Enterprise value divided by EBITDA over the last 12 months. It compares companies with different amounts of debt.
EV/EBITDA = Enterprise value ÷ EBITDA (last 12 months)EV/EBITDA explained - 0.04Last 12 months’ EPS growth
The P/E divided by the growth in diluted EPS over the last 12 months (+94.0% on the 12 months before). It looks backward: near 1 means the P/E roughly matches last year’s growth. Sites that use analysts’ growth forecasts show a different PEG.
PEG = P/E ÷ EPS growth (%) = 3.5 ÷ 94.0 - −7.33%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $1.16BAt the Nov 6 close
What it would cost to buy the whole business: the market cap at the Nov 6 close, plus debt, minus cash and short-term investments from the Jun 30, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own GAIN DCF in Excel. Value Gladstone Investment with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q1 FY27, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $103.89Mup 9.3%
- Net income
- $165.13Mup 107.4%
- Diluted EPS
- $4.21up 94.0%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q2 FY25 (Sep 30, 2024) | $22.57M | $15.48M | $0.42 |
| Q3 FY25 (Dec 31, 2024) | $21.37M | $38.49M | $1.05 |
| Q4 FY25 (Mar 31, 2025) | $27.55M | $17.87M | $0.49 |
| Q1 FY26 (Jun 30, 2025) | $23.54M | $7.77M | $0.21 |
| Q2 FY26 (Sep 30, 2025) | $25.28M | $28.71M | $0.75 |
| Q3 FY26 (Dec 31, 2025) | $25.06M | $65.90M | $1.66 |
| Q4 FY26 (Mar 31, 2026) | $25.19M | $82.37M | $2.10 |
| Q1 FY27 (Jun 30, 2026) | $28.36M | −$11.86M | −$0.30 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY22 (Mar 31, 2022) | $72.55M | $102.32M | $3.08 |
| FY23 (Mar 31, 2023) | $81.54M | $35.55M | $1.07 |
| FY24 (Mar 31, 2024) | $87.31M | $85.31M | $2.47 |
| FY25 (Mar 31, 2025) | $93.66M | $65.32M | $1.78 |
| FY26 (Mar 31, 2026) | $99.08M | $184.75M | $4.77 |
Margins
- Gross 49.9%
- Operating 43.8%
- Net 158.9%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- −$43.36MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow−$43.36MLast 12 months
- Capital spending$0.00Last 12 months
- −41.7%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $34.31MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$37.93MLast 12 months
- Total returned$37.93MLast 12 months
Balance sheet
- Not reportedAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$570.84MAs of Jun 30, 2026
- 0.88As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 27.0%Last 12 months
Over the last 12 months, Gladstone Investment’s net income was 27.0% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 13.2%Last 12 months
Over the last 12 months, Gladstone Investment’s net income was 13.2% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.75 |
| 2017 | $0.89 |
| 2018 | $0.86 |
| 2019 | $0.94 |
| 2020 | $0.93 |
| 2021 | $1.04 |
| 2022 | $1.28 |
| 2023 | $2.44 |
| 2024 | $1.66 |
| 2025 | $1.50 |
| 2026 (to date) | $0.80 |
Dividend details
- $0.96Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- 6.46%; 5-yr low 5.52%, 5-yr high 20.20%Last 12 months
Dividends paid over the last 12 months as a share of the Nov 6 close. The bar shows where that yield sits in its range over the past five years; the median was 10.85%.
- $0.080Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
- FrequencyMonthly12 payments in the last 12 months
- up 2.7% a yearFull years 2020–2025
The compound annual growth rate of the full-year dividend per share from 2020 to 2025.
- 22.8%Last 12 months
The share of earnings paid out as dividends over the last 12 months. Lower ratios leave more room to reinvest or raise the dividend.
Payout = Dividends per share ÷ Diluted EPS (both last 12 months)Payout ratio calculator
About Gladstone Investment Corporation
Gladstone Investment Corporation is a publicly traded business development company that seeks to make secured debt and equity investments in lower middle market businesses in the United States in connection with acquisitions, changes in control, and recapitalizations.
- Sector
- Financial Services
- Industry
- Asset Management
- Headquarters
- Virginia, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
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GAIN stock FAQ
What is GAIN stock’s price today?
Gladstone Investment (GAIN) traded at $14.86 at the close on , down $0.08 (0.54%) from the previous close of $14.94. Over the past 52 weeks it has traded between $13.11 and $17.14.
If you invested $1,000 in GAIN 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in GAIN on would be worth about $5,169 at the close on , a total return of +416.9%. The same $1,000 would be worth $1,583 if invested five years ago, $1,140 if invested one year ago, and $7,177 if invested 20 years ago. Past performance doesn’t predict future returns.
What is Gladstone Investment’s market cap?
Gladstone Investment’s market capitalization is about $591.8 million. That’s Tiingo’s daily market cap for , at that day’s closing price of $14.86 (how market cap works). Gladstone Investment reported 39.82M shares outstanding at the end of its latest quarter ().
What is GAIN’s P/E ratio?
GAIN trades at 3.5 times its diluted earnings over the four quarters to ($4.21 per share), at the close. Over the past five years its P/E has ranged from 3.1 to 14.3, with a median of 6.6. (How the P/E ratio works.)
How much revenue does Gladstone Investment make?
Gladstone Investment reported $103.9 million of revenue over the four quarters to , up 9.3% from the twelve months before. In its latest quarter (Q1 FY27, ended ) revenue was $28.4 million, up 20.4% from a year earlier.
Is Gladstone Investment profitable?
Yes. Gladstone Investment earned $165.1 million of net income over the four quarters to , a net margin of 158.9%, and its operating margin was 43.8% (what margins tell you).
What are GAIN’s earnings per share?
GAIN’s diluted earnings per share were $4.21 over the four quarters to , compared with $2.17 in the twelve months before. The latest quarter (Q1 FY27) brought −$0.30 per share, against $0.21 a year earlier (how EPS works).
Does GAIN pay a dividend?
Yes. Gladstone Investment pays a monthly dividend. The most recent was $0.080 per share, with an ex-dividend date of . Over the last twelve months it paid $0.96 per share, a 6.46% yield at the close (how dividend yield works).
Based on the last 12 months’ payments ($0.96 per share), and if the next 12 months match the last 12, 100 shares would receive about $96 over 12 months, and $1,000 over 12 months would take about 1,042 shares, roughly $15,484 at the close. Dividends can change.
What is GAIN’s 52-week high and low?
Over the past 52 weeks GAIN has traded as low as $13.11 and as high as $17.14. At $14.86 at the close on , it is 13.3% below that high and 13.3% above the low.
What is GAIN’s all-time high?
GAIN’s highest closing price was $17.08 on , adjusted for stock splits. At $14.86 at the close on , it is 13.0% below that record.
Has GAIN stock ever split?
No. GAIN hasn’t split since its price history begins in 2005.
How has GAIN stock performed?
Including dividends and measured to the close on , GAIN has returned +12.1% so far this year and +14.0% over the past year, and +58.3% over five years (+9.6% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Gladstone Investment in?
Gladstone Investment is in the Financial Services sector and the Asset Management industry, and is headquartered in Virginia, USA.
What exchange does GAIN trade on?
Gladstone Investment trades on the Nasdaq under the ticker symbol GAIN. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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