Gladstone Commercial Corporation (GOOD)
Market Cap | 680.53M |
Revenue (ttm) | 145.15M |
Net Income (ttm) | -1.41M |
Shares Out | 42.53M |
EPS (ttm) | -0.04 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | $1.20 (7.50%) |
Ex-Dividend Date | Sep 20, 2024 |
Volume | 152,806 |
Open | 15.99 |
Previous Close | 16.05 |
Day's Range | 15.87 - 16.07 |
52-Week Range | 11.40 - 16.43 |
Beta | 1.20 |
Analysts | Strong Buy |
Price Target | 15.50 (-3.13%) |
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 one analyst, the rating for GOOD stock is "Strong Buy" and the 12-month stock price forecast is $15.5.
News
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...
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...
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...
Gladstone Commercial Corporation Reports Results for the Second Quarter Ended June 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 / August 6, 2024 / Gladstone Commercial Cor...
Gladstone Commercial Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESSWIRE / August 5, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) announces the following event: What: Gladstone Commercial Corporation's Second Quarter Ended June 30, 2024 Ear...
Gladstone Commercial Provides a Semi-Annual Business Update
MCLEAN, VA / ACCESSWIRE / July 10, 2024 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("we" or "Gladstone Commercial") is a real estate investment trust ("REIT") focused on acquiring, owning, and o...
Thinking Outside The (Net Lease REIT) Box
Thinking outside the box involves looking at problems from a different perspective, such as using virtual reality to stimulate creativity. Realty Income has grown into a $73 billion REIT by thinking o...
Gladstone Commercial Corporation Announces Monthly Cash Distributions for July, August and September 2024 and Earnings Release and Conference Call Dates for its Second Quarter Ended June 30, 2024
MCLEAN, VA / ACCESSWIRE / July 9, 2024 / Gladstone Commercial Corporation (NASDAQ:GOOD) (the "Company") announced today that its board of directors declared cash distributions for the months of July, ...
5 Roughed-Up REITs With 11%+ Average Yields
I love the economics of real estate. But a landlord I'm not.
Gladstone Commercial Corporation Executes 7-Year, 2-Month Lease at Industrial Property in Taylor, Pennsylvania
MCLEAN, VA / ACCESSWIRE / June 17, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced that it has executed a 7-year, 2-month lease with Hub Group, Inc. ("Hub Grou...
Gladstone Commercial's 8% Yield Is Available At A Steal
Gladstone Commercial Corporation has collected 100% of its cash rent in 1Q24, making it a compelling investment for passive income investors. The trust is more focused on industrial real estate, which...
Triple Net REITs Mispriced As Tenancy Shifts
There is significant mispricing among triple net REITs due to a lack of consideration for changing the tenant landscape. Net store openings indicate positive occupancy and rental rates, but some REITs...
Deep Fishing For Bargains: 2 Preferred Stocks Up To 9% Yield
Traditional fixed-income recommendations hinder portfolio performance, failing to outpace inflation or meet income needs. Our fixed-income allocation features high-yield, attractively discounted prefe...
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 ...