Gladstone Commercial (GOOD) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gladstone Commercial in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GOOD shares.
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3 Wall Street analysts have issued twelve-month price objectives for Gladstone Commercial's stock. Their GOOD share price forecasts range from $15.00 to $18.00. On average, they predict the company's share price to reach $16.83 in the next twelve months. This suggests a possible upside of 29.8% from the stock's current price.
View analysts price targets for GOOD or view top-rated stocks among Wall Street analysts.

Gladstone Commercial's stock was trading at $18.50 at the beginning of the year. Since then, GOOD shares have decreased by 29.9% and is now trading at $12.97.
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Gladstone Commercial saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,110,000 shares, a decrease of 24.5% from the August 15th total of 1,470,000 shares. Based on an average daily volume of 224,800 shares, the days-to-cover ratio is presently 4.9 days.
View Gladstone Commercial's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our GOOD earnings forecast.

Gladstone Commercial Co. (NASDAQ:GOOD) released its quarterly earnings data on Tuesday, August, 8th. The real estate investment trust reported ($0.19) earnings per share for the quarter, missing the consensus estimate of $0.36 by $0.55. The real estate investment trust had revenue of $38.66 million for the quarter, compared to analysts' expectations of $37.20 million. Gladstone Commercial had a trailing twelve-month return on equity of 1.07% and a net margin of 1.40%.

Gladstone Commercial declared a monthly dividend on Tuesday, July 11th. Investors of record on Thursday, September 21st will be paid a dividend of $0.10 per share on Friday, September 29th. This represents a $1.20 annualized dividend and a dividend yield of 9.25%. The ex-dividend date of this dividend is Wednesday, September 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), Fundamental Income Net Lease Real Estate ETF (NETL) and ALPS REIT Dividend Dogs ETF (RDOG).Hoya Capital High Dividend Yield ETF (RIET).

Gladstone Commercial (NASDAQ:GOOD) pays an annual dividend of $1.20 per share and currently has a dividend yield of 9.16%. 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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.22%), Renaissance Technologies LLC (3.65%), State Street Corp (2.49%), Geode Capital Management LLC (2.31%), XML Financial LLC (1.42%) and Dimensional Fund Advisors LP (1.35%). 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 $12.97.

Gladstone Commercial (NASDAQ:GOOD) has a market capitalization of $517.76 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 ($0.26) 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.