Gladstone Commercial Corporation (GOOD)
Market Cap | 705.10M |
Revenue (ttm) | 147.92M |
Net Income (ttm) | 8.48M |
Shares Out | 43.96M |
EPS (ttm) | 0.21 |
PE Ratio | 77.13 |
Forward PE | 59.41 |
Dividend | $1.20 (7.48%) |
Ex-Dividend Date | Dec 20, 2024 |
Volume | 947,413 |
Open | 15.82 |
Previous Close | 15.91 |
Day's Range | 15.54 - 16.10 |
52-Week Range | 11.89 - 17.88 |
Beta | 1.24 |
Analysts | Buy |
Price Target | 15.25 (-4.93%) |
Earnings Date | Nov 4, 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]
Financial Performance
In 2023, Gladstone Commercial'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 StatementsAnalyst Forecast
According to 2 analysts, the average rating for GOOD stock is "Buy." The 12-month stock price forecast is $15.25, which is a decrease of -4.93% from the latest price.
News
Gladstone Commercial Announces Issuance of $75 million of Senior Unsecured Notes
MCLEAN, VA / ACCESSWIRE / December 18, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") today announced that its subsidiary, Gladstone Commercial Limited Partnership ("Gl...
The State Of REITs: November 2024 Edition
The REIT sector snapped a 5-month winning streak with a -3.42% average total return in October. Micro cap (-2.04%) and mid-cap (-2.30%) REITs averaged modest declines in October, while large caps (-3....
Gladstone Commercial Announces Industrial Acquisition in St. Clair, Missouri
MCLEAN, VA / ACCESSWIRE / November 18, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") has acquired a 124,500 square foot industrial manufacturing, distribution, and war...
Gladstone Commercial Corporation Announces Retirement of Chief Operating Officer Terry Lee Brubaker
MCLEAN, VA / ACCESSWIRE / November 15, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) (the "Company") announced that Terry Lee Brubaker will be retiring as Chief Operating Officer of the Compan...
Gladstone Commercial: I'm Picking Up Monthly Income With The Preferreds
Gladstone Commercial is a diversified REIT with industrial, retail, and office properties, offering a stable investment profile. The REIT maintains a consistent monthly cash dividend, providing an att...
Stonegate Capital Partners Updates 3Q24 Report on Gladstone Commercial Corp. (GOOD)
Dallas, Texas--(Newsfile Corp. - November 5, 2024) - Gladstone Commercial Corporation. (NASDAQ: GOOD): Stonegate Capital Partners Updates Coverage on Gladstone Commercial Corp. (NASDAQ: GOOD).
Gladstone Commercial Corporation (GOOD) Q3 2024 Earnings Call Transcript
Gladstone Commercial Corporation (NASDAQ:GOOD) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants David Gladstone - Chairman and Chief Executive Officer Michael LiCalsi...
Gladstone Commercial Corporation Reports Results for the Third Quarter Ended September 30, 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 / November 4, 2024 / Gladstone Commercial C...
Gladstone Securities Expands National Accounts Department
MCLEAN, VA / ACCESSWIRE / November 1, 2024 / Gladstone Securities LLC, an affiliated broker-dealer of The Gladstone Companies that acts as dealer manager on alternative investment offerings for certai...
Gladstone Commercial Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESSWIRE / October 31, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) announces the following event: What: Gladstone Commercial Corporation's Third Quarter Ended September 30, 20...
Gladstone Commercial: Not Fully Convinced Of Future Growth
Gladstone Commercial's high dividend yield of 7.3% and monthly payouts offer consistent income and are supported by earnings. The portfolio's strength lies in its diverse properties and high occupancy...
No Tricks, Only Big Treats: 2 REITs With Fat Yields
Halloween is a tradition of fear-filled fun, and candies. When approached correctly, financial markets, despite volatility and uncertainty, offer tasty rewards. We discuss two REITs with yields of up ...
Gladstone Commercial Corporation Announces Monthly Cash Distributions for October, November and December 2024 and Earnings Release and Conference Call Dates for its Third Quarter Ended September 30, 2024
MCLEAN, VA / ACCESSWIRE / October 8, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) (the "Company") announced today that its board of directors declared cash distributions for the months of Oct...
Gladstone Securities Hires East and West Region Wholesalers
MCLEAN, VA / ACCESSWIRE / October 7, 2024 / Gladstone Securities LLC ("Company"), an affiliated broker-dealer of The Gladstone Companies, that acts as dealer manager on alternative investment offering...
Understanding Net Lease Yields And Who Leads The Way
Net lease REITs offer passive income with less cash flow volatility due to tenant responsibility for property expenses, making them attractive for long-term dividend growth. Capitalization rates, divi...
Trick Or Treat, 3 Scary REITs
Healthcare Realty Trust, Global Net Lease, and Gladstone Commercial are REITs to avoid due to poor dividend growth and high payout ratios. HR's dividend history is weak with a payout ratio of 111%, in...
Gladstone Commercial Executes 8-Year Lease Extension at Flex / R&D Property in Raleigh, NC
MCLEAN, VA / ACCESSWIRE / September 3, 2024 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced that it has executed an 8-year lease extension with Elster Solutions, LL...
Gladstone Commercial Announces Industrial Acquisition in Midland, TX
MCLEAN, VA / ACCESSWIRE / September 3, 2024 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") has acquired a 50,102 square foot Class A industrial manufacturing, distribution, ...
Gladstone Commercial Corporation Announces Election of Katharine Cornell Gorka as Director
MCLEAN, VA / ACCESSWIRE / August 22, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced that Katharine Cornell Gorka has been elected to the 2027 class of Directo...
Gladstone Commercial Executes 5 Year Lease Renewal at Office Property in Columbus, OH
MCLEAN, VA / ACCESSWIRE / August 20, 2024 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced today that it has executed a 5-year lease extension with Morgan Stanley Sm...
Gladstone Commercial Series E Preferred: We're Still Glad
Series E preferred shares offer an attractive yield and potential for a high IRR if called in October, though recent share issuance makes us believe this is less likely. Series E shares remain well co...
Gladstone Commercial: 8% Yield, 83% Pay-Out Ratio, Strategic Portfolio Shift
Gladstone Commercial Corporation is a well-managed commercial real estate trust with investments in office and industrial properties. The trust covered its dividend with funds from operations, collect...
Gladstone Commercial Series G Preferred: Solid 7.5% Monthly Payer With 25% Upside To Call
Gladstone Commercial is transitioning its portfolio to net lease industrial assets, improving credit quality and reassuring preferred equity holders. Gladstone Commercial Series G preferred offers a c...
Stonegate Capital Partners Updates 2Q24 Report on Gladstone Commercial Corp. (GOOD)
Dallas, Texas--(Newsfile Corp. - August 8, 2024) - Gladstone Commercial Corp. (NASDAQ: GOOD): Stonegate Capital Partners updates their coverage on Gladstone Commercial Corp. (NASDAQ: GOOD). To view th...