Gladstone Commercial Corporation (GOOD)
| Market Cap | 698.68M |
| Revenue (ttm) | 133.15M |
| Net Income (ttm) | 3.15M |
| Shares Out | 34.04M |
| EPS (ttm) | 0.09 |
| PE Ratio | 207.56 |
| Forward PE | n/a |
| Dividend | $1.50 |
| Dividend Yield | 8.04% |
| Trading Day | February 26 |
| Last Price | $18.68 |
| Previous Close | $18.64 |
| Change ($) | 0.04 |
| Change (%) | 0.21% |
| Day's Open | 18.81 |
| Day's Range | 18.67 - 19.27 |
| Day's Volume | 666,162 |
| 52-Week Range | 7.06 - 19.75 |
Gladstone's (GOOD) latest acquisition is in line with its strategy of achieving growth on buyouts of high-quality industrial assets leased to tenants with strong credit profiles.
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Preferreds have continued powering higher on the back of lower volatility and spread compression. Few opportunities exist among IG preferreds but there are still some beaten-down high yield pr...
Gladstone Commercial: Preferreds Offer More Attractive Risk-Adjusted Return Than Common Shares
MCLEAN, VA / ACCESSWIRE / January 12, 2021 / Gladstone Commercial Corporation (Nasdaq:GOOD) (the "Company") announced today that its board of directors declared cash distributions for the mont...
Gladstone's (GOOD) lease extension with Diamond Technical at its industrial property in Bolingbrook increases the weighted lease term at the building by more than 90% and provides revenue visi...
MCLEAN, VA / ACCESSWIRE / December 30, 2020 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced today that it has executed a lease extension with Diamond Techni...
MCLEAN, VA / ACCESSWIRE / December 29, 2020 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced today that it acquired a 155,000 square foot, food-grade manufac...
Yield-starved investors are expected to flock to the REIT market because that remains the only option to earn income in this yield-less world.
GOOD's common yields 8.5%, and it has 2 preferred with yields of 6.5% to 6.97%. All 3 pay monthly - the preferreds have 5X distribution coverage in 2020.
GOOD has held up tremendously well during 2020. The stock still yields more than 8% and it is paid monthly.
Gladstone (GOOD) intends to use the proceeds from the recent sale of to invest in industrial assets and aid the company's capital-recycling efforts.
MCLEAN, VA / ACCESSWIRE / December 22, 2020 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced its sale of a single-story flex office building in Austin, TX, w...
Gladstone's (GOOD) latest acquisition is in line with its strategy of achieving growth on buyouts of high-quality mission-critical assets leased to tenants with strong credit profiles.
MCLEAN, VA / ACCESSWIRE / December 21, 2020 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced today that it acquired a 278,000 square foot industrial facility...
Gladstone Commercial (GOOD) collects 98% of cash base rent for December. Moreover, strong demand for the company's properties drives occupancy in its portfolio.
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Gladstone Commercial Corporation's (GOOD) CEO David Gladstone on Q3 2020 Results - Earnings Call Transcript
GOOD's common yields 8.72%, and it has two preferred with yields of 6.59% to 6.94%.
While Gladstone Commercial's (GOOD) industrial property acquisition in Alabama is in line with its efforts to enhance presence in targeted markets, a surplus supply is likely to hinder the pri...
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We’re in the midst of a global pandemic, in which property valuations are up, down, and all around.
Gladstone (GOOD) collects 99% of cash base rent for September. Moreover, strong demand for the company's properties drives occupancy at its portfolio.
Retail Value Inc. again showed top broker estimated net gains of 149.61%, while Two Harbors Investment showed top 18.57% yield (@$5.33 price) out of 350 U.S. REITs per YCharts data 9/17/20.
MCLEAN, Va., Sept. 17, 2020 (GLOBE NEWSWIRE) -- Gladstone Commercial Corporation (Nasdaq: GOOD) (“we” or “Gladstone Commercial”) is providing the following business update regarding portfo...
Gladstone Commercial's (GOOD) lease with Pipeline Foods at its Minneapolis office property indicates the gain from the recent property repositioning and its asset-management expertise.
MCLEAN, Va., Sept. 14, 2020 (GLOBE NEWSWIRE) -- Gladstone Commercial Corporation (Nasdaq: GOOD) (“Gladstone Commercial”) announced today that it has signed a lease with Pipeline Foods LLC (“...
Gladstone Commercial's (GOOD) lease extension with high-quality credit tenant Haier will likely secure steady cash flows from its Georgia industrial property for the long term.
MCLEAN, Va., Sept. 08, 2020 (GLOBE NEWSWIRE) -- Gladstone Commercial Corporation (Nasdaq: GOOD) (“Gladstone Commercial”) announced today that it has signed a lease extension with Haier US Ap...
Gladstone's (GOOD) latest buyout in Indiana is in line with its strategy to bump up its share of leading industrial buildings in the key markets and include more creditworthy tenants in its list.
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MCLEAN, Va., Sept. 02, 2020 (GLOBE NEWSWIRE) -- Gladstone Commercial Corporation (Nasdaq: GOOD) (“Gladstone Commercial”) announced today that it acquired a 153,600 square foot distribution...
Gladstone (GOOD) collects 99% of its cash base rent for August. Moreover, robust renewal and extension deals are driving occupancy and rent growth at its portfolio.
Let's see if Gladstone Commercial Corporation (GOOD) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for to...
MCLEAN, Va., Aug. 04, 2020 (GLOBE NEWSWIRE) -- Gladstone Commercial Corporation (Nasdaq: GOOD) (“Gladstone Commercial”) announced today that it has executed five-year lease extensions with...
Gladstone Commercial Corporation (GOOD) CEO David Gladstone on Q2 2020 Results - Earnings Call Transcript
Gladstone Commercial (GOOD) delivered FFO and revenue surprises of 2.50% and 6.16%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Please note that the limited information that follows in this press release is not adequate to make an informed investment judgment.
MCLEAN, Va., July 24, 2020 (GLOBE NEWSWIRE) -- Gladstone Commercial Corporation (Nasdaq: GOOD ) announces the following event:
Gladstone's (GOOD) solid rent collections and healthy occupancy, together with decent liquidity, poise it well to sail through the challenging times.
MCLEAN, Va., July 14, 2020 (GLOBE NEWSWIRE) -- Gladstone Commercial Corporation (Nasdaq: GOOD) (the “Company”) announced today that its board of directors declared cash distributions for t...
Amid the adverse impacts of the pandemic, Gladstone Commercial's (GOOD) ability to ink lease extension deal indicates the high quality of its properties.
MCLEAN, Va., July 13, 2020 (GLOBE NEWSWIRE) -- Gladstone Commercial Corporation (Nasdaq: GOOD) (“Gladstone Commercial”) announced today that it has executed a six-year lease extension with...
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Gladstone Commercial's (GOOD) June cash base rent receipts total 98%. Also, it continues to enjoy strong liquidity, and has tapped the equity markets to fund its operating needs and acquisitions.
Gladstone Commercial's (GOOD) $1.5-million office lease expansion at 4343 Easton Commons will increase cash and straight-line rents, and improve the weighted average lease term of portfolio.
MCLEAN, Va., May 27, 2020 (GLOBE NEWSWIRE) -- Gladstone Commercial Corporation (Nasdaq: GOOD) (“Gladstone Commercial”) announced today that it executed a lease amendment with Morgan Stanley ...
MCLEAN, Va., May 20, 2020 (GLOBE NEWSWIRE) -- Gladstone Commercial Corporation (Nasdaq: GOOD) (“Gladstone Commercial”) is providing the following business update regarding portfolio perfor...
MCLEAN, Va., May 19, 2020 (GLOBE NEWSWIRE) -- Gladstone Commercial Corporation (Nasdaq: GOOD) (“Gladstone Commercial”) announced today that Benedictine Health System (“BHS”) has moved its h...
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 REIT-Diversified | |
| CEO David Gladstone | Country United States |
| Stock Exchange NASDAQ | Ticker Symbol GOOD |
Financial Performance
In 2020, GOOD's revenue was $133.15 million, an increase of 16.40% compared to the previous year's $114.39 million. Earnings were $14.94 million, an increase of 55.15%.
Analyst Forecasts
According to 6 analysts, the average rating for GOOD stock is "Strong Buy." The 12-month stock price forecast is 20.60, which is an increase of 10.28% from the latest price.