Gladstone Commercial Corporation (GOOD)

NASDAQ: GOOD · IEX Real-Time Price · USD
14.73
-0.19 (-1.27%)
May 17, 2024, 4:00 PM EDT - Market closed
-1.27%
Market Cap 589.20M
Revenue (ttm) 146.75M
Net Income (ttm) -7.48M
Shares Out 40.05M
EPS (ttm) -0.18
PE Ratio n/a
Forward PE 139.76
Dividend $1.20 (8.15%)
Ex-Dividend Date Jun 18, 2024
Volume 141,448
Open 14.86
Previous Close 14.92
Day's Range 14.68 - 14.92
52-Week Range 10.99 - 15.04
Beta 1.13
Analysts Strong Buy
Price Target 15.50 (+5.23%)
Earnings Date May 6, 2024

About GOOD

Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. Including payments through January 2024, Gladstone Commercial has paid 229 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, Gladstone Commercial paid five consecutive quarterly cash distributions. Gladstone Commercial has never skipped or deferred a distribution since its inception in 2003. [Read more]

Sector Real Estate
CEO David John Gladstone
Employees 69
Stock Exchange NASDAQ
Ticker Symbol GOOD
Full Company Profile

Financial Performance

In 2023, GOOD's revenue was $147.58 million, a decrease of -0.94% compared to the previous year's $148.98 million. Losses were -$7.74 million, 406.1% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for GOOD stock is "Strong Buy" and the 12-month stock price forecast is $15.5.

Price Target
$15.5
(5.23% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Stonegate Updates Coverage on Gladstone Commercial Corp. (GOOD) Q1 2024

Dallas, Texas--(Newsfile Corp. - May 10, 2024) - Gladstone Commercial Corp. (NASDAQ: GOOD): Stonegate Capital Partners updates their coverage on Gladstone Commercial Corp. (NASDAQ: GOOD). To view the ...

8 days ago - Newsfile Corp

Gladstone Commercial Announces Industrial Acquisition in Warfordsburg, PA

MCLEAN, VA / ACCESSWIRE / May 8, 2024 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") has acquired a 142,125 square foot industrial manufacturing, distribution, and service f...

10 days ago - Accesswire

Gladstone Commercial Corporation Reports Results for the First Quarter Ended March 31, 2024

Please note that the limited information that follows in this press release is not adequate to make an informed investment judgment. MCLEAN, VA / ACCESSWIRE / May 6, 2024 / Gladstone Commercial Corpor...

12 days ago - Accesswire

Gladstone Commercial Corporation Earnings Call and Webcast Information

MCLEAN, VA / ACCESSWIRE / May 2, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) announces the following event: What: Gladstone Commercial Corporation's First Quarter Ended March 31, 2024 Earnin...

16 days ago - Accesswire

Gladstone Commercial Corporation Announces Monthly Cash Distributions for April, May and June 2024 and Earnings Release and Conference Call Dates for its First Quarter Ended March 31, 2024

MCLEAN, VA / ACCESSWIRE / April 9, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) (the "Company") announced today that its board of directors declared cash distributions for the months of April...

5 weeks ago - Accesswire

Stonegate Updates Coverage on Gladstone Commercial Corp. (GOOD) Q4 2023

Dallas, Texas--(Newsfile Corp. - February 26, 2024) - Gladstone Commercial Corp. (NASDAQ: GOOD): Stonegate Capital Partners updates their coverage on Gladstone Commercial Corp. (NASDAQ: GOOD). To view...

2 months ago - Newsfile Corp

Gladstone Commercial Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2023

Please note that the limited information that follows in this press release is not adequate to make an informed investment judgment. MCLEAN, VA / ACCESSWIRE / February 21, 2024 / Gladstone Commercial ...

3 months ago - Accesswire

Gladstone Commercial Corporation (Nasdaq:GOOD) Grows Industrial Portfolio in 2023

MCLEAN, VA / ACCESSWIRE / February 5, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") is pleased to report another successful year of investing, leasing, and disposition...

3 months ago - Accesswire

Gladstone Commercial Corporation Announces Monthly Cash Distributions for January, February and March 2024 and Earnings Release and Conference Call Dates for its Fourth Quarter Ended December 31, 2023

MCLEAN, VA / ACCESSWIRE / January 9, 2024 / Gladstone Commercial Corporation (NASDAQ:GOOD) (the "Company") announced today that its board of directors declared cash distributions for the months of Jan...

4 months ago - Accesswire

Gladstone Commercial Provides a Business Update

MCLEAN, VA / ACCESSWIRE / January 8, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("we" or "Gladstone Commercial") is a real estate investment trust ("REIT") focused on acquiring, owning and ...

4 months ago - Accesswire

Stonegate Updates Coverage on Gladstone Commercial Corp. (GOOD) Q3 2023

Dallas, Texas--(Newsfile Corp. - November 8, 2023) - Gladstone Commercial Corp. (NASDAQ: GOOD): Stonegate Capital Partners updates their coverage on Gladstone Commercial Corp. (NASDAQ: GOOD). To view ...

6 months ago - Newsfile Corp

Gladstone Commercial Announces Industrial Acquisition in Indianapolis, IN

MCLEAN, VA / ACCESSWIRE / November 6, 2023 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") recently acquired a 67,709 square foot industrial manufacturing facility in Indiana...

6 months ago - Accesswire

Gladstone Commercial Corporation Reports Results for the Third Quarter Ended September 30, 2023

Please note that the limited information that follows in this press release is not adequate to make an informed investment judgment. MCLEAN, VA / ACCESSWIRE / November 6, 2023 / Gladstone Commercial C...

6 months ago - Accesswire

The 9 Best Monthly Dividend Stocks to Buy Right Now

Your bills come monthly. Why not your dividend checks?

Other symbols: AGNCDXEPRLTCMAINOPSEC
7 months ago - Kiplinger

Stonegate Initiates Coverage on Gladstone Commercial Corp. (GOOD)

Dallas, Texas--(Newsfile Corp. - October 17, 2023) - Gladstone Commercial Corp. (NASDAQ: GOOD): Stonegate Capital Partners initiates their coverage on Gladstone Commercial Corp. (NASDAQ: GOOD). To vie...

7 months ago - Newsfile Corp

Gladstone Commercial Announces Industrial Acquisition in Allentown, PA

MCLEAN, VA / ACCESSWIRE / October 13, 2023 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") has acquired a 70,000 square foot industrial manufacturing facility in Allentown, P...

7 months ago - Accesswire

Gladstone Commercial Corporation Announces Monthly Cash Distributions for October, November and December 2023 and Earnings Release and Conference Call Dates for its Third Quarter Ended June 30, 2023

MCLEAN, VA / ACCESSWIRE / October 10, 2023 / Gladstone Commercial Corporation (NASDAQ:GOOD) (the "Company") announced today that its board of directors declared cash distributions for the months of Oc...

7 months ago - Accesswire

The 10% Yielding Real Estate Portfolio

REITs trade more like bonds than stocks, so they tend to hold up well in recessions. Their dividends come back in vogue as easy money dries up.

Other symbols: AHHCTOGNLOLP
9 months ago - Forbes

Gladstone Commercial Corporation Reports Results for the Second Quarter Ended June 30, 2023

Please note that the limited information that follows in this press release is not adequate to make an informed investment judgment. MCLEAN, VA / ACCESSWIRE / August 8, 2023 / Gladstone Commercial Cor...

10 months ago - Accesswire

Gladstone Commercial Announces Two Acquisitions in the Dallas/Fort Worth MSA

MCLEAN, VA / ACCESSWIRE / August 2, 2023 / During July 2023, Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") acquired two assets in the Dallas / Fort Worth MSA. The two assets ...

10 months ago - Accesswire

Gladstone Commercial Corporation Announces Sale of Pittsburgh, PA Office Building

MCLEAN, VA / ACCESSWIRE / July 27, 2023 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced today that it has sold its 26,080 square foot Pittsburgh, Pennsylvania offic...

10 months ago - Accesswire

Gladstone Commercial Corporation Announces Monthly Cash Distributions for July, August and September 2023 and Earnings Release and Conference Call Dates for its Second Quarter Ended June 30, 2023

MCLEAN, VA / ACCESSWIRE / July 11, 2023 / Gladstone Commercial Corporation (Nasdaq:GOOD) (the "Company") announced today that its board of directors declared cash distributions for the months of July,...

11 months ago - Accesswire

Gladstone Commercial Corporation Executes 5 Year Lease Renewal at Industrial Property in Monroe, Michigan

MCLEAN, VA / ACCESSWIRE / June 22, 2023 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced today that it has executed a 5-year lease extension with Yanfeng Internation...

11 months ago - Accesswire

Gladstone Commercial Corporation Executes 11-Year, 1-Month Lease at Office Property in Fort Lauderdale, FL

MCLEAN, VA / ACCESSWIRE / June 7, 2023 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced today that it has executed an 11-year, 1-month lease with Moss & Associates L...

1 year ago - Accesswire

Gladstone Commercial Corporation Reports Results for the First Quarter Ended March 31, 2023

Please note that the limited information that follows in this press release is not adequate to make an informed investment judgment. MCLEAN, VA / ACCESSWIRE / May 3, 2023 / Gladstone Commercial Corpor...

1 year ago - Accesswire