Gladstone Investment Corporatio (GAIN) Stock Price & Analysis
Gladstone Investment Corporatio (GAIN) is trading at USD 14.59, down 0.71% today, as of October 23, 2026 at 16:31 UTC (US market open; quotes may be delayed), according to Nexqual market data.
GAIN last closed at USD 14.7; today's session has ranged USD 14.48–14.68 on volume of 65,729 shares. Market capitalization is —, with a 52-week range of USD 13.11–17.14 (NMS). Source: Nexqual, retrieved October 23, 2026 at 16:40 UTC.
Also available as compact Markdown for AI agents: nexqual.com/GAIN.md
Key facts (GAIN)
- Insider open-market purchases, last ~7 months: 2 Form 4 filings, $39K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 2.25 on a 1–5 scale) (4 analysts), mean target USD 17 (range 17–17).
- Total return with dividends: 1Y +10.9% vs S&P 500 +14.6%; 5Y +59.6% vs S&P 500 +77.3%.
- Next earnings: 2026-11-09, EPS estimate USD 0.21, revenue estimate $25.9M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (GAIN)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Net income | $102M | $35.5M | $85.3M | $65.3M | $185M | $165M |
| EPS (diluted) | $0.45 | $1.11 | $0.63 | $0.76 | — | — |
| Cash + short-term investments | $14.2M | $2.7M | $2.5M | $14.3M | $2.4M | — |
| Total debt | $261M | $293M | $398M | $456M | $564M | — |
Fiscal years end Mar. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (GAIN)
P/E at fiscal year-ends: Mar 2026 3.0x, Mar 2025 7.5x, Mar 2024 5.7x.
Insider purchases (SEC Form 4, open-market, last ~7 months) (GAIN)
2 purchases, $39K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-18 | Ritchie Taylor | Chief Financial Officer | 1,500 | $24K | 16.2 | Too little history (no open-market trades in 2023–2025) |
| 2026-05-15…2026-05-19 | Ritchie Taylor | Chief Financial Officer | 915 | $15K | 16.34 | Too little history (no open-market trades in 2023–2025) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (GAIN)
Consensus Buy (mean 2.25 on a 1–5 scale), 4 analysts; mean target USD 17 (low 17, high 17).
Total return (dividends reinvested) (GAIN)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +10.9% | +59.6% |
| S&P 500 (SPY) | +14.6% | +77.3% |
| Per year | +10.9% | +9.8% |
| Volatility (annualized) | 20.2% | 20.9% |
| Max drawdown | -12.8% (May 2026→Jun 2026) | -24.9% (Dec 2021→Oct 2022) |
GAIN suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Gladstone Securities | “As a result, we rely on our officers, the Adviser and its employees, Gladstone Securities and consultants to perform due diligence investigations of these portfolio companies, their operations, and their prospects.” |
| Partner | M&T Securities | “In June 2025, we entered into an equity distribution agreement with M&T Securities, Inc. and entered into amendments to the agreements with Oppenheimer & Co. Inc., B.” |
| Partner | Ginsey Home Solutions | “(15)In August 2012, we entered into a participation agreement with a third-party related to $5.0 million of our secured second lien term debt investment in Ginsey Home Solutions, Inc. ("Ginsey").” |
Quoted from the company's 10-K filed May 12, 2026.
GAIN analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.20 | $0.21 | -4.7% | $25.9M | 4 |
| Next quarter (ends Dec 2026) | $0.21 | $0.22 | -2.3% | $26.5M | 4 |
| Current fiscal year (ends Mar 2027) | $1.01 | $0.87 | +16.1% | $107.8M | 4 |
| Next fiscal year (ends Mar 2028) | $1.01 | $0.93 | +9.4% | $114.5M | 4 |
Key Statistics (as of October 23, 2026 at 16:40 UTC)
| Price | USD 14.59 |
|---|---|
| Change | ▼ 0.71% (down) |
| Previous Close | USD 14.7 |
| Open | USD 14.56 |
| Day Range | USD 14.48 – 14.68 |
| 52-Week Range | USD 13.11 – 17.14 |
| Volume | 65,729 shares |
| Market Cap | — |
| Exchange | NMS |
Technical Analysis (GAIN)
Nexqual's technical model rates GAIN "SELL" based on 2 bullish and 5 bearish signals across 128 daily candles, as of October 23, 2026 at 16:40 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 25.45 (oversold) |
| vs SMA50 | Below (USD 15.81) |
| MACD | -0.31 (negative) |
Analyst Ratings (GAIN)
Wall Street analysts rate GAIN "Buy" based on 4 analysts, with a mean price target of USD 17 (range USD 17–17), per Nexqual as of October 23, 2026 at 16:40 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 4 |
| Mean Target | USD 17 |
| High Target | USD 17 |
| Low Target | USD 17 |
| Buy / Hold / Sell | 3 / 1 / 0 |
Earnings (GAIN)
| Next Earnings Date | 2026-11-09 |
|---|---|
| EPS Estimate | USD 0.21 |
| Revenue Estimate | $25.92M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.4 vs est 0.22 ▲ beat |
| 2025-12-31 | USD -0.16 vs est 0.23 ▼ miss |
| 2025-09-30 | USD 0.11 vs est 0.23 ▼ miss |
Source: Nexqual, October 23, 2026 at 16:40 UTC.
Financials & Fundamentals (GAIN)
| Total Revenue | $103.89M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +20.40% |
| Gross Margin | +100.00% |
| Operating Margin | +94.39% |
| Profit Margin | +158.95% |
| ROE | +29.17% |
| Debt / Equity | 0.88 |
| Current Ratio | 0.2 |
| Total Cash | $1.62M |
| Total Debt | $570.84M |
Source: Nexqual, October 23, 2026 at 16:40 UTC.
Financial Health Score (GAIN)
Nexqual rates Gladstone Investment Corporatio's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 16:40 UTC.
| Growth | Solid — Revenue +7% YoY (annual) |
|---|---|
| Profitability | Strong — Operating margin 94% |
| Balance Sheet | Weak — $4M cash and investments vs $571M debt (Jun 2026, SEC) |
| Cash Flow | Weak — Operating cash flow -$102M (FY ended Mar 2026, 10-K) |
| Efficiency | Strong — ROE 29%, ROA 2.4% |
Ownership (GAIN)
| Insider Ownership | +2.26% |
|---|---|
| Institutional Ownership | +18.00% |
| Short % of Float | +0.80% |
Source: Nexqual, October 23, 2026 at 16:40 UTC.
Leadership (GAIN)
Gladstone Investment Corporatio is led by David A. R. Dullum, Chief Executive Officer, per Nexqual as of October 23, 2026 at 16:40 UTC.
| Chief Executive Officer | David A. R. Dullum |
|---|---|
| President | Erika Highland |
| CFO & Treasurer | Taylor Ritchie |
| Head of Resources Management & Director | Paula Novara |
| Executive Vice President | Christopher J. Lee |
Major Backers & Investors (GAIN)
Notable institutional backers of Gladstone Investment Corporatio include Van Eck Associates Corporation, VanEck ETF Trust-VanEck BDC Income ETF, Melia Wealth LLC , according to Nexqual as of October 23, 2026 at 16:40 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Van Eck Associates Corporation | 2.02% |
| VanEck ETF Trust-VanEck BDC Income ETF | 1.79% |
| Melia Wealth LLC | 1.65% |
| UBS Group AG | 1.55% |
| Two Sigma Investments, LP | 1.47% |
| Cooper Creek Partners Management LLC | 1.45% |
| Morgan Stanley | 0.88% |
| PFG Advisors | 0.64% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Legal & General Group PLC | 0.85% |
| BlackRock | 0.55% |
Source: Nexqual, October 23, 2026 at 16:40 UTC.
From Gladstone Investment Corporatio's Latest SEC 10-K Filing (filed 2026-05-12)
Key Strengths & Strategy (as disclosed to the SEC)
- We believe that the Adviser's investment professionals have developed a broad network of contacts within the investment, commercial banking, private equity and investment management communities, and that their reputation, experience, and focus on investing in Lower Middle Market companies enables us to source and identify well-positioned prospective portfolio companies, which provide attractive investment opportunities.
Partnerships
- To achieve our investment objectives, our investment strategy is to invest in several categories of debt and equity securities, with individual investments in a particular portfolio company generally totaling up to $75 million, although investment size may vary, depending upon our total assets or available capital at the time of investment.
- If we are participating in an investment with one or more co-investors, whether or not an affiliate of ours, our investment is likely to be smaller than if we were investing alone.
Legal & Regulatory Risks (Item 1A, quoted)
- We believe that most of the investments that we may acquire in the future will constitute qualifying assets.
- We may not be permitted to declare a dividend or make any distribution to stockholders or repurchase shares until such time as we satisfy the asset coverage tests under the provisions of the 1940 Act that apply to BDCs.
- Regulations governing our operation as a BDC and RIC will affect our ability to raise, and the way in which we raise, additional capital or borrow for investment purposes, which may have a negative effect on our growth.
- Risks Related to Our External Management
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| BLK | BlackRock, Inc. | USD 1,119.45 | ▼ 1.57% |
| BX | Blackstone Inc. | USD 116.8 | ▼ 1.64% |
| BN | Brookfield Corporation | USD 37.83 | ▼ 1.18% |
| KKR | KKR & Co. Inc. | USD 92.09 | ▼ 1.07% |
| BAM | Brookfield Asset Management Inc | USD 47.22 | ▼ 0.89% |
| APO | Apollo Global Management, Inc. | USD 113.75 | ▼ 0.94% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 16:40 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt