Gladstone Commercial Corporation (GOOD)

NASDAQ: GOOD · IEX Real-Time Price · USD
15.91
+0.72 (4.74%)
At close: Sep 28, 2022 4:00 PM
16.07
+0.16 (1.01%)
After-hours: Sep 28, 2022 7:39 PM EDT
4.74%
Market Cap 639.91M
Revenue (ttm) 141.57M
Net Income (ttm) 255,000
Shares Out 40.22M
EPS (ttm) 0.02
PE Ratio 795.50
Forward PE 303.03
Dividend $1.50 (9.43%)
Ex-Dividend Date Sep 21, 2022
Volume 197,135
Open 15.37
Previous Close 15.19
Day's Range 15.17 - 16.00
52-Week Range 15.10 - 26.13
Beta 1.04
Analysts Buy
Price Target 23.46 (+47.5%)
Earnings Date Oct 31, 2022

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 September 2020, Gladstone Commercial has paid 189 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, Gladstone Commercial paid five consecutive quarterly cash distributions. The company has also paid 53 consecutive monthly cash distributions on its Series D Preferred Stock, 12 conse... [Read more...]

Industry Equity Real Estate Investment Trusts (REITs)
CEO David Gladstone
Country United States
Stock Exchange NASDAQ
Ticker Symbol GOOD
Full Company Profile

Financial Performance

In 2021, GOOD's revenue was $137.69 million, an increase of 3.41% compared to the previous year's $133.15 million. Earnings were $9.77 million, a decrease of -34.58%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for GOOD stock is "Buy." The 12-month stock price forecast is 23.46, which is an increase of 47.45% from the latest price.

Price Target
$23.46
(47.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Gladstone Commercial (GOOD) Buys Two Industrial Properties

Gladstone Commercial's (GOOD) latest acquisition is in line with its strategy of expanding on the buyouts of high-quality, functional industrial assets leased to tenants with strong credit profiles.

2 days ago - Zacks Investment Research

Gladstone Commercial Announces Industrial Acquisitions in Jacksonville, FL and Fort Payne, AL

MCLEAN, VA / ACCESSWIRE / September 22, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) has acquired two industrial assets, totaling 116,706 square feet, in Jacksonville, Florida and Fort Payne, A...

6 days ago - Accesswire

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2 Real Estate Stocks to Buy in 2022 and Beyond

There's some good in store for patient investors looking to capitalize now for long-term gain.

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2 weeks ago - The Motley Fool

Gladstone Commercial (GOOD) Sees Solid Demand, Boosts Portfolio

The solid demand for Gladstone Commercial's (GOOD) properties helps it experience high occupancy and collection of 100% of the cash base rent for August. The company continues portfolio expansion and se...

3 weeks ago - Zacks Investment Research

Gladstone Commercial Provides a Business Update

MCLEAN, VA / ACCESSWIRE / September 1, 2022 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("we" or "Gladstone Commercial") is a real estate investment trust ("REIT") focused on acquiring, owning and ...

3 weeks ago - Accesswire

Gladstone Commercial (GOOD) Sells Parsippany Office Building

Gladstone Commercial's (GOOD) sale of the Parsippany office building comes as part of the company's capital recycling efforts.

4 weeks ago - Zacks Investment Research

Gladstone Commercial Corporation Announces Sale of Parsippany, NJ Office Building

MCLEAN, VA / ACCESSWIRE / August 29, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced today that it sold its 60,000 SF Parsippany, New Jersey office building on A...

4 weeks ago - Accesswire

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1 month ago - The Motley Fool

Gladstone Commercial Corporation Executes 5-Year, 4-Month Lease at Office Property in Fort Lauderdale, FL

MCLEAN, VA / ACCESSWIRE / August 22, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced today that it has executed a 5-year, 4-month lease with Moss & Associates LL...

1 month ago - Accesswire

Gladstone Commercial Amends, Extends and Upsizes Credit Facility

MCLEAN, VA / ACCESSWIRE / August 18, 2022 / On August 18, 2022, Gladstone Commercial Corporation (NASDAQ:GOOD) announced today that it amended, extended and upsized its syndicated revolving credit and t...

1 month ago - Accesswire

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1 month ago - The Motley Fool

Gladstone Commercial Announces $32.5 Million Industrial Portfolio Acquisition

MCLEAN, VA / ACCESSWIRE / August 8, 2022 / On August 5, 2022, Gladstone Commercial Corporation (Nasdaq:GOOD) acquired a 246,000 square foot, two-property, industrial portfolio, with locations in Vinelan...

1 month ago - Accesswire

Gladstone Commercial Corporation Executes 5-Year Lease Renewal at Industrial Property in Horseheads, New York

MCLEAN, VA / ACCESSWIRE / August 4, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced today that it executed a 5-year lease renewal with Corning, Inc. ("Corning") ...

Other symbols: GLW
1 month ago - Accesswire

Gladstone Commercial (GOOD) Q2 FFO and Revenues Beat Estimates

Gladstone Commercial (GOOD) delivered FFO and revenue surprises of 2.63% and 0.13%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Gladstone Commercial Corporation Reports Results for the Second Quarter Ended June 30, 2022

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 1, 2022 / Gladstone Commercial Corpor...

1 month ago - Accesswire

Gladstone Commercial Corporation Earnings Call and Webcast Information

MCLEAN, VA / ACCESSWIRE / July 28, 2022 / Gladstone Commercial Corporation (NASDAQ:GOOD) announces the following event: What: Gladstone Commercial Corporation's Second Quarter Ended June 30, 2022 Earnin...

2 months ago - Accesswire

Gladstone Commercial Corporation Announces Five-Year Lease at Austin, TX Office Building

MCLEAN, VA / ACCESSWIRE / July 28, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced it has entered into a 5.7 year lease with Cognizant Technology Solutions U.S. ...

2 months ago - Accesswire

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2 months ago - The Motley Fool

Gladstone Commercial Corporation Appoints Chief Investment Officer

MCLEAN, VA / ACCESSWIRE / July 13, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial" or the "Company") announced that its board of directors appointed EJ Wislar as its Chief ...

2 months ago - Accesswire

Gladstone Commercial Corporation Announces Monthly Cash Distributions for July, August and September 2022 and Second ...

MCLEAN, VA / ACCESSWIRE / July 12, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) (the "Company") announced today that its board of directors declared cash distributions for the months of July, A...

2 months ago - Accesswire

Gladstone Commercial Corporation Announces Sale of Jupiter, FL Office Building

MCLEAN, VA / ACCESSWIRE / July 5, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced today that it sold its Jupiter, FL office building on July 1, 2022. The 60,000 ...

2 months ago - Accesswire

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Love Passive Income? Investing $10,000 in This REIT Could Make You $70 Each Month

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