Garrison Capital (GARS) Given News Impact Rating of 0.22

Press coverage about Garrison Capital (NASDAQ:GARS) has been trending somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Garrison Capital earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news articles about the investment management company an impact score of 46.0521161259413 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

GARS stock remained flat at $$8.12 during midday trading on Friday. 50,719 shares of the company’s stock were exchanged, compared to its average volume of 49,903. Garrison Capital has a twelve month low of $7.77 and a twelve month high of $9.88. The stock has a market capitalization of $130.32, a PE ratio of 7.59 and a beta of 0.25. The company has a current ratio of 6.89, a quick ratio of 6.89 and a debt-to-equity ratio of 1.24.

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Garrison Capital (NASDAQ:GARS) last announced its earnings results on Tuesday, March 6th. The investment management company reported $0.27 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.27. Garrison Capital had a net margin of 17.00% and a return on equity of 9.12%. The business had revenue of $9.69 million during the quarter, compared to analysts’ expectations of $8.98 million. sell-side analysts predict that Garrison Capital will post 1.07 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 29th. Shareholders of record on Friday, March 23rd were issued a dividend of $0.28 per share. The ex-dividend date was Thursday, March 22nd. This represents a $1.12 dividend on an annualized basis and a yield of 13.79%. Garrison Capital’s dividend payout ratio is currently 104.67%.

A number of research analysts recently weighed in on the stock. ValuEngine upgraded shares of Garrison Capital from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 1st. Zacks Investment Research upgraded shares of Garrison Capital from a “sell” rating to a “hold” rating in a research report on Tuesday, March 13th. Maxim Group restated a “buy” rating and set a $11.00 price objective on shares of Garrison Capital in a research report on Friday, March 9th. Finally, National Securities upgraded shares of Garrison Capital from a “neutral” rating to a “buy” rating and set a $10.00 price objective on the stock in a research report on Friday, March 9th. Four equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $10.17.

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About Garrison Capital

Garrison Capital Inc is a managed, closed-end, non-diversified management investment company. The Company’s investment objective is to generate current income and capital appreciation by making investments primarily in debt securities and loans of the United States-based middle-market companies, which it defines as those having annual earnings before interest, taxes and depreciation, or EBITDA, of certain amount.

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