Gladstone Commercial (GOOD) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gladstone Commercial in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GOOD shares.
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3 Wall Street research analysts have issued 1-year price targets for Gladstone Commercial's stock. Their GOOD share price forecasts range from $15.00 to $18.00. On average, they predict the company's stock price to reach $16.83 in the next twelve months. This suggests a possible upside of 31.4% from the stock's current price.
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Gladstone Commercial's stock was trading at $18.50 at the beginning of 2023. Since then, GOOD shares have decreased by 30.8% and is now trading at $12.81.
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Gladstone Commercial saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 1,060,000 shares, a decrease of 5.4% from the April 30th total of 1,120,000 shares. Based on an average trading volume of 303,800 shares, the short-interest ratio is presently 3.5 days.
View Gladstone Commercial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023.
View our GOOD earnings forecast.

Gladstone Commercial Co. (NASDAQ:GOOD) announced its quarterly earnings results on Sunday, October, 31st. The real estate investment trust reported $0.04 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.05. The real estate investment trust had revenue of $34.33 million for the quarter, compared to analysts' expectations of $34.90 million. Gladstone Commercial had a trailing twelve-month return on equity of 4.01% and a net margin of 5.52%. During the same quarter in the prior year, the company earned $0.40 earnings per share.

Gladstone Commercial declared a monthly dividend on Tuesday, April 11th. Shareholders of record on Wednesday, June 21st will be given a dividend of $0.10 per share on Friday, June 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.37%. The ex-dividend date of this dividend is Tuesday, June 20th.
Read our dividend analysis for GOOD.

ETFs with the largest weight of Gladstone Commercial (NASDAQ:GOOD) stock in their portfolio include Invesco KBW Premium Yield Equity REIT ETF (KBWY), NETLease Corporate Real Estate ETF (NETL), ALPS REIT Dividend Dogs ETF (RDOG), Hoya Capital High Dividend Yield ETF (RIET), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), iShares Core U.S. REIT ETF (USRT), JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) and Dimensional US Real Estate ETF (DFAR).

Gladstone Commercial (NASDAQ:GOOD) pays an annual dividend of $1.20 per share and currently has a dividend yield of 9.37%. GOOD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for GOOD.

Based on aggregate information from My MarketBeat watchlists, some companies that other Gladstone Commercial investors own include AT&T (T), Altria Group (MO), Gladstone Capital (GLAD), Coca-Cola (KO), Virtus Global Dividend & Income Fund (ZTR), Philip Morris International (PM), Oxford Lane Capital (OXLC), Gladstone Investment (GAIN), Main Street Capital (MAIN) and Exxon Mobil (XOM).

Gladstone Commercial trades on the NASDAQ under the ticker symbol "GOOD."

Gladstone Commercial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.90%), Renaissance Technologies LLC (3.89%), State Street Corp (2.35%), Geode Capital Management LLC (2.17%), Dimensional Fund Advisors LP (1.35%) and LSV Asset Management (0.81%). Insiders that own company stock include Arthur S Cooper, Elliott Wislar Jr, Gary Gerson, Jay Beckhorn and Robert G Cutlip.
View institutional ownership trends.

Shares of GOOD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GOOD stock can currently be purchased for approximately $12.81.

Gladstone Commercial (NASDAQ:GOOD) has a market capitalization of $512.40 million and generates $148.98 million in revenue each year. The real estate investment trust earns $9.30 million in net income (profit) each year or ($0.11) on an earnings per share basis.

Gladstone Commercial's mailing address is 1521 WESTBRANCH DRIVE SUITE 100, MCLEAN VA, 22102. The official website for the company is www.gladstonecommercial.com. The real estate investment trust can be reached via phone at (703) 287-5893, via email at commercial@gladstonecompanies.com, or via fax at 703-286-0795.