Media coverage about GAIN Capital (NYSE:GCAP) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. GAIN Capital earned a coverage optimism score of 0.01 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 47.3677857855002 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the headlines that may have effected Accern’s scoring:
- Gain Capital launches more crypto offerings abroad (seekingalpha.com)
- GAIN Capital Expands Cryptocurrency Offering with Launch of Ethereum, Litecoin, Ripple and Bitcoin Cash (finance.yahoo.com)
- Gain Capital (GCAP) Rating Increased to Buy at ValuEngine (americanbankingnews.com)
- GAIN Capital GTX FX volumes remain strong in March at $17 billion ADV (forexfactory.com)
- IG Trading, IronFX, Dukascopy and Saxo Bank Under New ESMA Regulations (finance.yahoo.com)
Separately, ValuEngine upgraded shares of GAIN Capital from a “hold” rating to a “buy” rating in a research note on Monday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $7.58.
GAIN Capital (NYSE:GCAP) last issued its earnings results on Thursday, March 8th. The financial services provider reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.24). The company had revenue of $69.70 million during the quarter, compared to analyst estimates of $72.89 million. GAIN Capital had a negative net margin of 3.66% and a negative return on equity of 3.23%. The business’s revenue for the quarter was down 39.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.42 EPS. equities analysts predict that GAIN Capital will post 0.75 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, March 30th. Stockholders of record on Tuesday, March 27th were paid a $0.06 dividend. The ex-dividend date of this dividend was Monday, March 26th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.43%. GAIN Capital’s dividend payout ratio (DPR) is presently -120.00%.
In other GAIN Capital news, major shareholder Ltd Ipgl acquired 69,647 shares of the stock in a transaction that occurred on Friday, March 9th. The stock was acquired at an average price of $6.98 per share, with a total value of $486,136.06. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, General Counsel Diego Rotsztain sold 3,648 shares of the business’s stock in a transaction dated Friday, March 16th. The shares were sold at an average price of $7.19, for a total transaction of $26,229.12. Following the sale, the general counsel now directly owns 101,847 shares of the company’s stock, valued at approximately $732,279.93. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 83,713 shares of company stock valued at $647,835. Insiders own 5.00% of the company’s stock.
GAIN Capital Company Profile
GAIN Capital Holdings, Inc, together with its subsidiary, provides trading services and solutions to retail, institutional, and futures service customers worldwide. The company operates in three segments: Retail, Institutional, and Futures. It specializes in over-the-counter (OTC) and exchange-traded markets.
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