Gladstone Commercial Corporation (GOOD)

NASDAQ: GOOD · Real-Time Price · USD
16.80
-0.27 (-1.58%)
At close: Nov 20, 2024, 4:00 PM
17.00
+0.20 (1.19%)
After-hours: Nov 20, 2024, 6:16 PM EST
-1.58%
Market Cap 738.51M
Revenue (ttm) 147.92M
Net Income (ttm) 8.48M
Shares Out 43.96M
EPS (ttm) 0.21
PE Ratio 80.79
Forward PE 62.22
Dividend $1.20 (7.14%)
Ex-Dividend Date Dec 20, 2024
Volume 251,679
Open 17.01
Previous Close 17.07
Day's Range 16.54 - 17.01
52-Week Range 11.89 - 17.53
Beta 1.20
Analysts Buy
Price Target 15.25 (-9.23%)
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]

Sector Real Estate
Founded 2003
Employees 69
Stock Exchange NASDAQ
Ticker Symbol GOOD
Full Company Profile

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 Statements

Analyst 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 -9.23% from the latest price.

Price Target
$15.25
(-9.23% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

2 days ago - Accesswire

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...

5 days ago - Accesswire

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...

5 days ago - Seeking Alpha

The Dark Side Of REIT Investments

Not everything is perfect in REIT world. On the contrary, this is a sector in which you need to be very selective. Here are 5 types of REITs to avoid at all cost:

Other symbols: ADCBXBXPGNLKREFSLGVNQ
11 days ago - Seeking Alpha

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).

15 days ago - Newsfile Corp

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...

15 days ago - Seeking Alpha

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...

16 days ago - Accesswire

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...

Other symbols: GLADLAND
19 days ago - Accesswire

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...

20 days ago - Accesswire

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...

26 days ago - Seeking Alpha

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 ...

Other symbols: AWP
4 weeks ago - Seeking Alpha

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...

6 weeks ago - Accesswire

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...

Other symbols: GLADLAND
6 weeks ago - Accesswire

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...

Other symbols: ADCEPRTNETLO
6 weeks ago - Seeking Alpha

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...

Other symbols: GNLHR
6 weeks ago - Seeking Alpha

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...

2 months ago - Accesswire

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, ...

2 months ago - Accesswire

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...

3 months ago - Accesswire

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...

Other symbols: MS
3 months ago - Accesswire

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

3 months ago - Newsfile Corp

Gladstone Commercial Corporation Announces Sale of Georgia Medical Office Portfolio

MCLEAN, VA / ACCESSWIRE / August 8, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced that on August 7, 2024, it sold two medical office properties located in th...

3 months ago - Accesswire

Gladstone Commercial Corporation (GOOD) Q2 2024 Earnings Call Transcript

Gladstone Commercial Corporation (NASDAQ:GOOD) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants David Gladstone - Chief Executive Officer Michael LiCalsi - General Coun...

3 months ago - Seeking Alpha