GAIN
Gladstone Investment Corporation Financial Services - BDC Investor Relations →
Gladstone Investment Corporation (GAIN) closed at $15.90 as of 2026-09-11, trading 36.7% above its 200-week moving average of $11.63. The stock is currently moving closer to the line, down from 41.5% last week. The 14-week RSI sits at 59, indicating neutral momentum.
Trading volume is running at 1.1x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.05 ratio) is neutral — neither side is clearly dominating.
Over the past 1059 weeks of data, GAIN has crossed below its 200-week moving average 4 times. On average, these episodes lasted 48 weeks. Historically, investors who bought GAIN at the start of these episodes saw an average one-year return of +27.9%.
Return on equity stands at 29.2%, indicating strong profitability. The stock trades at 1.0x book value.
Share count has increased 18.5% over three years, indicating dilution.
Over the past 20.4 years, a hypothetical investment of $100 in GAIN would have grown to $784, compared to $869 for the S&P 500. GAIN has returned 10.6% annualized vs 11.2% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: GAIN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After GAIN Crosses Below the Line?
Across 4 historical episodes, buying GAIN when it crossed below its 200-week moving average produced an average return of +31.8% after 12 months (median +66.0%), compared to +23.8% for the S&P 500 over the same periods. 75% of those episodes were profitable after one year. After 24 months, the average return was +33.2% vs +16.2% for the index.
Each line shows $100 invested at the moment GAIN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. GAIN currently has negative free cash flow, so price-based dislocation levels are not available. The score still tracks yield deviation from baseline.
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Recent Earnings
| Date | EPS Est. | EPS Actual | Surprise |
|---|---|---|---|
| 2026-08-06 | $0.22 | $0.40 | +79.8% |
| 2026-02-03 | $0.23 | $-0.16 | -170.3% |
| 2025-11-04 | $0.23 | $0.11 | -51.8% |
| 2025-08-12 | $0.23 | $0.25 | +10.6% |
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
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Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are analysis points: prices at which the yield deviation becomes unusual enough to justify the work. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from GAIN's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. Each one is an analysis point, a reason to open the filings. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
GAIN has crossed below its 200-week MA 4 times with an average 1-year return of +27.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jun 2006 | Sep 2006 | 13 | 4.0% | +9.7% | +701.4% |
| Jul 2007 | Sep 2010 | 165 | 74.1% | -40.9% | +683.9% |
| Mar 2020 | Apr 2020 | 3 | 22.2% | +73.2% | +304.8% |
| Sep 2020 | Nov 2020 | 9 | 9.0% | +69.6% | +226.2% |
| Average | 48 | — | +27.9% | — |
Frequently Asked Questions
Is GAIN below its 200-week moving average?
No. Gladstone Investment Corporation (GAIN) is currently 36.7% above its 200-week moving average of $11.63. It would need to fall to $11.63 to cross below the line.
What is GAIN's 200-week moving average price?
Gladstone Investment Corporation's 200-week moving average is $11.63 as of 2026-09-11. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when GAIN drops below its 200-week moving average?
GAIN has crossed below its 200-week moving average 4 times in our data. On average, buying at that moment produced a one-year return of +27.9%. These dips have historically been decent entry points. These episodes lasted 48 weeks on average.
Is GAIN a good value right now?
Here's what our data says about GAIN as of 2026-09-11: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 59. Return on equity is 29.2%. Price-to-book is 1.0x. This is not a buy or sell recommendation — always do your own research.
How does GAIN compare to the S&P 500?
Over the past 20.4 years, $100 invested in GAIN would have grown to $784, compared to $869 for the S&P 500. That's 10.6% annualized vs 11.2% for the index. GAIN has underperformed the broader market over this period.
Does GAIN pay a dividend?
Yes. Gladstone Investment Corporation currently pays a dividend yield of 599.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-09-11