NASDAQ:GOOD

Gladstone Commercial (GOOD) Stock Forecast, Price & News

$12.45

-0.07 (-0.56%)

(As of 09/22/2023 08:52 PM ET)

Compare

Today's Range: $12.44
▼
$12.65
50-Day Range: $12.45
▼
$13.95
52-Week Range: $10.84
▼
$20.12

Volume: 200,400 shs
Average Volume: 199,195 shs
Market Capitalization: $497.00 million

P/E Ratio: N/A
Dividend Yield: 9.64%
Price Target: $16.83

Gladstone Commercial MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 35.2% Upside
$16.83 Price Target
Short Interest: Healthy
2.78% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.78
Upright™ Environmental Score
News Sentiment: 0.55
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$5,344 Bought Last Quarter
Proj. Earnings Growth: -10.14%
From $1.48 to $1.33 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.31 out of 5 stars

Finance Sector

473rd out of 827 stocks

Real Property Lessors, Not Elsewhere Classified Industry

1st out of 2 stocks

3.3

Analyst's Opinion

Consensus Rating
Gladstone Commercial has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.83, Gladstone Commercial has a forecasted upside of 35.2% from its current price of $12.45.
Amount of Analyst Coverage
Gladstone Commercial has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.78% of the outstanding shares of Gladstone Commercial have been sold short.
Short Interest Ratio / Days to Cover
Gladstone Commercial has a short interest ratio ("days to cover") of 4.9.
Change versus previous month
Short interest in Gladstone Commercial has recently decreased by 24.49%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
Gladstone Commercial is a leading dividend payer. It pays a dividend yield of 9.64%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Gladstone Commercial does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, Gladstone Commercial will have a dividend payout ratio of 90.23% in the coming year. This indicates that Gladstone Commercial may not be able to sustain their current dividend.

2.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Gladstone Commercial has received a 10.11% net impact score from Upright. Gladstone Commercial seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Real estate funds investing in office buildings", "Real estate funds investing in industrial, logistics and warehousing buildings", and "Real estate funds investing in retail stores" products. See details.
Environmental Sustainability
The Environmental Impact score for Gladstone Commercial is -2.78.

2.5

News and Social Media Coverage

News Sentiment
Gladstone Commercial has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Gladstone Commercial this week, compared to 2 articles on an average week.
Search Interest
20 people have searched for GOOD on MarketBeat in the last 30 days. This is an increase of 122% compared to the previous 30 days.
MarketBeat Follows
13 people have added Gladstone Commercial to their MarketBeat watchlist in the last 30 days. This is an increase of 550% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gladstone Commercial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $5,344.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.50% of the stock of Gladstone Commercial is held by insiders.
Percentage Held by Institutions
46.33% of the stock of Gladstone Commercial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Gladstone Commercial are expected to decrease by -10.14% in the coming year, from $1.48 to $1.33 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Gladstone Commercial is -47.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gladstone Commercial is -47.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Gladstone Commercial has a PEG Ratio of 1.40. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Gladstone Commercial has a P/B Ratio of 2.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Gladstone Commercial (NASDAQ:GOOD) Stock

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.

GOOD Price History

30 days | 90 days | 365 days | Advanced Chart

GOOD Stock News Headlines

September 6, 2023 | marketbeat.com

Get These 7%-15% Yielding REITs Before They Rebound

September 23, 2023 | americanbankingnews.com

Gladstone Commercial (NASDAQ:GOOD) Stock Price Passes Above 200-Day Moving Average of $12.55

September 25, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...

September 7, 2023 | finance.yahoo.com

These 9%-Yielding Stocks Pay Large Monthly Dividends; Analysts Say ‘Buy’

August 17, 2023 | msn.com

Gladstone Commercial Tops Consensus With Non-Recurring Termination Fees, While Financial Statement Errors Highlight Its Unusual Accounting

August 11, 2023 | seekingalpha.com

Gladstone Commercial: Why I Went Heavy On Buying The 8.8% Yielding Preferreds

August 10, 2023 | finance.yahoo.com

Q2 2023 Gladstone Commercial Corp Earnings Call

August 9, 2023 | finance.yahoo.com

Gladstone Commercial (GOOD) Beats Q2 FFO and Revenue Estimates

September 25, 2023 | Behind the Markets (Ad)

Laser breakthrough could send stock soaring 2,467%

August 8, 2023 | msn.com

Gladstone Commercial Q2 core FFO, revenue rise past consensus

August 8, 2023 | finance.yahoo.com

Gladstone Commercial Corporation Reports Results for the Second Quarter Ended June 30, 2023

July 28, 2023 | finance.yahoo.com

Gladstone Commercial Corporation Announces Sale of Pittsburgh, PA Office Building

July 17, 2023 | msn.com

Global Net Lease: Adapting to Change and Addressing Investor Concerns

July 17, 2023 | msn.com

Gladstone Commercial: Dividend Insights

July 11, 2023 | finance.yahoo.com

Gladstone Commercial Corporation Announces Monthly Cash Distributions for July, August and September 2023 and Earnings Release and Conference Call Dates for its Second Quarter Ended June 30, 2023

June 26, 2023 | bizjournals.com

Leasing Tracker: Moss finalizes lease for entire Fort Lauderdale building; Jupiter building signs new tenants

June 23, 2023 | finance.yahoo.com

Implied Volatility Surging for Gladstone Commercial (GOOD) Stock Options

June 13, 2023 | seekingalpha.com

Gladstone Commercial: 9.4% Yield Likely Not Worth It

June 12, 2023 | bizjournals.com

Construction company finalizes lease for entire Fort Lauderdale building

June 8, 2023 | finance.yahoo.com

Gladstone Commercial (GOOD) Inks Lease With Moss & Associates

June 7, 2023 | msn.com

Gladstone Commercial leases Fort Lauderdale building to Moss & Associates

June 7, 2023 | finance.yahoo.com

Gladstone Commercial Corporation Executes 11-Year, 1-Month Lease at Office Property in Fort Lauderdale, FL

May 14, 2023 | uk.news.yahoo.com

Gladstone Commercial CFO & Assistant Treasurer Acquires 132% More Stock

May 14, 2023 | finance.yahoo.com

Gladstone Commercial CFO & Assistant Treasurer Acquires 132% More Stock \

May 9, 2023 | msn.com

Gladstone Commercial Hits Numbers With Rarely Used Accounting, While A Debt Maturity Looms

May 8, 2023 | markets.businessinsider.com

The Latest Analyst Ratings for Gladstone Commercial

May 6, 2023 | seekingalpha.com

Gladstone Commercial Corporation (GOOD) Q1 2023 Earnings Call Transcript

See More Headlines

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GOOD Company Calendar

Last Earnings: 8/08/2023
Ex-Dividend for 8/31 Dividend: 8/22/2023
Dividend Payable: 8/31/2023
Ex-Dividend for 9/29 Dividend: 9/20/2023
Today: 9/25/2023
Dividend Payable: 9/29/2023
Next Earnings (Estimated): 11/06/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Real property lessors, not elsewhere classified
Sub-Industry: Diversified REITs
Sector: Finance
Current Symbol: NASDAQ:GOOD
CUSIP: 37653610
CIK: 1234006
Web: www.gladstonecommercial.com
Phone: (703) 287-5893
Fax: 703-286-0795
Employees: N/A
Year Founded: 2001

Price Target and Rating

Average Stock Price Forecast: $16.83
High Stock Price Forecast: $18.00
Low Stock Price Forecast: $15.00
Forecasted Upside/Downside: +35.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.26)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 8.41
P/E Growth: 1.4
Net Income: $9.30 million
Net Margins: 1.40%
Pretax Margin: 1.36%
Return on Equity: 1.07%
Return on Assets: 0.18%

Debt

Debt-to-Equity Ratio: 4.10
Current Ratio: 4.92
Quick Ratio: 4.92

Sales & Book Value

Annual Sales: $148.98 million
Price / Sales: 3.34
Cash Flow: $1.78 per share
Price / Cash Flow: 7.01
Book Value: $5.16 per share
Price / Book: 2.41

Miscellaneous

Outstanding Shares: 39,920,000
Free Float: 39,319,000
Market Cap: $497.00 million
Optionable: Optionable
Beta: 1.12

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Key Executives

Mr. David John Gladstone (Age 81)
Founder, Chairman & CEO

Mr. Arthur S. Cooper (Age 66)
Pres

Mr. Gary Gerson CFA (Age 59)
CFO & Assistant Treasurer
Comp: $129.86k

Mr. Terry Lee Brubaker (Age 79)
Chief Operating Officer

Mr. John Anthony Dellafiora Jr.
CPA, Chief Compliance Officer

Mr. Michael Bernard LiCalsi Esq. (Age 53)
J.D., Gen. Counsel & Sec.

Mr. Ryan Carter
Exec. VP and Head of West & Midwest Region

Mr. EJ Wislar
EVP & Head of Southeast and Northeast Regions

Mr. Todd Alan McDonald
Director & Head of South Central Region

Mr. Jay Beckhorn (Age 61)
Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GOOD Stock - Frequently Asked Questions

Should I buy or sell Gladstone Commercial stock right now?: 3 Wall Street equities research 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 equities research analysts is that investors should "moderate buy" GOOD shares.
View GOOD analyst ratings or view top-rated stocks.
What is Gladstone Commercial's stock price forecast for 2023?: 3 equities research analysts have issued 1-year target prices for Gladstone Commercial's shares. Their GOOD share price forecasts range from $15.00 to $18.00. On average, they expect the company's share price to reach $16.83 in the next twelve months. This suggests a possible upside of 35.2% from the stock's current price.
View analysts price targets for GOOD or view top-rated stocks among Wall Street analysts.
How have GOOD shares performed in 2023?: Gladstone Commercial's stock was trading at $18.50 on January 1st, 2023. Since then, GOOD stock has decreased by 32.7% and is now trading at $12.45.
View the best growth stocks for 2023 here.
Are investors shorting Gladstone Commercial?: 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 currently 4.9 days.
View Gladstone Commercial's Short Interest.
When is Gladstone Commercial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our GOOD earnings forecast.
How were Gladstone Commercial's earnings last quarter?: Gladstone Commercial Co. (NASDAQ:GOOD) posted 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 analyst estimates of $37.20 million. Gladstone Commercial had a trailing twelve-month return on equity of 1.07% and a net margin of 1.40%.
How often does Gladstone Commercial pay dividends? What is the dividend yield for Gladstone Commercial?: Gladstone Commercial declared a monthly dividend on Tuesday, July 11th. Shareholders 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 yield of 9.64%. The ex-dividend date is Wednesday, September 20th.
Read our dividend analysis for GOOD.
What ETFs hold Gladstone Commercial's stock?: 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) and ALPS REIT Dividend Dogs ETF (RDOG).Hoya Capital High Dividend Yield ETF (RIET).

Is Gladstone Commercial a good dividend stock?: Gladstone Commercial (NASDAQ:GOOD) pays an annual dividend of $1.20 per share and currently has a dividend yield of 9.64%. 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.
What other stocks do shareholders of Gladstone Commercial own?: 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).
What is Gladstone Commercial's stock symbol?: Gladstone Commercial trades on the NASDAQ under the ticker symbol "GOOD."
Who are Gladstone Commercial's major shareholders?: Gladstone Commercial's stock is owned by a variety of institutional and retail investors. Top institutional investors 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.
How do I buy shares of Gladstone Commercial?: 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.
Compare Top Brokerages Here.
What is Gladstone Commercial's stock price today?: One share of GOOD stock can currently be purchased for approximately $12.45.
How much money does Gladstone Commercial make?: Gladstone Commercial (NASDAQ:GOOD) has a market capitalization of $497.00 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.
How can I contact Gladstone Commercial?: 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.

This page (NASDAQ:GOOD) was last updated on 9/25/2023 by MarketBeat.com Staff

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