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Gladstone Commercial Stock Price, Forecast & Analysis (NASDAQ:GOOD)

$22.96
+0.08 (+0.35 %)
(As of 11/15/2019 04:00 PM ET)
Today's Range
$22.81
Now: $22.96
$23.17
50-Day Range
$22.56
MA: $23.08
$23.67
52-Week Range
$16.89
Now: $22.96
$23.98
Volume153,300 shs
Average Volume127,589 shs
Market Capitalization$717.04 million
P/E Ratio14.44
Dividend Yield6.59%
Beta0.77
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 April 2019, Gladstone Commercial has paid 172 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, Gladstone Commercial paid five consecutive quarterly cash distributions. Read More…

Industry, Sector and Symbol

Industry Real property lessors, not elsewhere classified
Sub-IndustryDiversified REITs
SectorFinance
Current SymbolNASDAQ:GOOD
CUSIP37653610
Phone703-287-5800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$106.80 million
Cash Flow$2.11 per share
Book Value$8.27 per share

Profitability

Net Income$12.31 million

Miscellaneous

EmployeesN/A
Market Cap$717.04 million
Next Earnings Date2/12/2020 (Estimated)
OptionableOptionable

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Gladstone Commercial (NASDAQ:GOOD) Frequently Asked Questions

What is Gladstone Commercial's stock symbol?

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

How often does Gladstone Commercial pay dividends? What is the dividend yield for Gladstone Commercial?

Gladstone Commercial declared a dividend on Tuesday, October 8th. Shareholders of record on Tuesday, November 19th will be paid a dividend of $0.125 per share on Friday, November 29th. The ex-dividend date is Monday, November 18th. View Gladstone Commercial's Dividend History.

How were Gladstone Commercial's earnings last quarter?

Gladstone Commercial Co. (NASDAQ:GOOD) posted its quarterly earnings results on Wednesday, October, 30th. The real estate investment trust reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.40 by $0.42. The real estate investment trust had revenue of $28.67 million for the quarter, compared to analyst estimates of $29.18 million. Gladstone Commercial had a net margin of 10.34% and a return on equity of 4.48%. View Gladstone Commercial's Earnings History.

When is Gladstone Commercial's next earnings date?

Gladstone Commercial is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Gladstone Commercial.

What price target have analysts set for GOOD?

2 analysts have issued 12-month price targets for Gladstone Commercial's stock. Their forecasts range from $21.00 to $25.00. On average, they expect Gladstone Commercial's stock price to reach $23.00 in the next twelve months. This suggests a possible upside of 0.2% from the stock's current price. View Analyst Price Targets for Gladstone Commercial.

What is the consensus analysts' recommendation for Gladstone Commercial?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gladstone Commercial in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gladstone Commercial.

What are Wall Street analysts saying about Gladstone Commercial stock?

Here are some recent quotes from research analysts about Gladstone Commercial stock:
  • 1. According to Zacks Investment Research, "Gladstone Commercial Corporation is a publicly traded real estate investment trust that focuses on investing in and owning triple-net leased industrial and commercial real estate properties and selectively making long-term mortgage loans. Its goal is to pay our shareholders dividends on a monthly basis. Its objective is to increase the amount of dividends paid out each year. " (10/29/2019)
  • 2. Boenning Scattergood analysts commented, "We think the fact that a property owner was willing to accept OP units is a positive signal about value creation, and it could allow for CAD dividend coverage sooner. Moreover, NAV accretion could be enhanced if the seller takes OP units at a premium to market valuation. At December 31, GOOD owned 101 single-tenant and anchored multi-tenant net leased office and industrial properties totaling 11.7 million square feet that were 99.1% occupied. As a result of GOOD’s active portfolio management and acquisition activity, we think GOOD will cover its dividend with funds available after tenant improvements and leasing cost within the next six to nine months. We believe the monthly dividend to be stable, with fractional percentage to the upside over the next 12 months." (2/14/2019)

Has Gladstone Commercial been receiving favorable news coverage?

News coverage about GOOD stock has been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Gladstone Commercial earned a news impact score of -1.2 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Gladstone Commercial.

Are investors shorting Gladstone Commercial?

Gladstone Commercial saw a decrease in short interest in the month of October. As of October 31st, there was short interest totalling 279,400 shares, a decrease of 8.2% from the September 30th total of 304,400 shares. Based on an average daily volume of 113,200 shares, the short-interest ratio is currently 2.5 days. Currently, 0.9% of the company's shares are sold short. View Gladstone Commercial's Current Options Chain.

Who are some of Gladstone Commercial's key competitors?

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), The Coca-Cola (KO), The Zweig Total Return Fund (ZTR), Philip Morris International (PM), Gladstone Investment (GAIN), Oxford Lane Capital (OXLC), Exxon Mobil (XOM) and PIMCO High Income Fund (PHK).

Who are Gladstone Commercial's key executives?

Gladstone Commercial's management team includes the folowing people:
  • Mr. David John Gladstone, Founder, Chairman & CEO (Age 77)
  • Mr. Terry Lee Brubaker, Vice Chairman & COO (Age 75)
  • Mr. Robert G. Cutlip, Pres (Age 69)
  • Mr. Michael J. Sodo, Chief Financial Officer (Age 41)
  • Ms. Karin McLaughlin, Investor Relations Specialist

Who are Gladstone Commercial's major shareholders?

Gladstone Commercial's stock is owned by many different of retail and institutional investors. Top institutional investors include Fiduciary Financial Services of The Southwest Inc. TX (1.47%), Confluence Investment Management LLC (0.89%), Foundry Partners LLC (0.71%), Mackay Shields LLC (0.20%), California Public Employees Retirement System (0.18%) and Albert D Mason Inc. (0.16%). Company insiders that own Gladstone Commercial stock include David Gladstone, Jay Beckhorn, Michael Sodo, Paul W Adelgren and Robert G Cutlip. View Institutional Ownership Trends for Gladstone Commercial.

Which major investors are selling Gladstone Commercial stock?

GOOD stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Confluence Investment Management LLC, State of Alaska Department of Revenue, Russell Investments Group Ltd., Virginia Retirement Systems ET AL, Glassman Wealth Services, Janney Montgomery Scott LLC and Meeder Asset Management Inc.. View Insider Buying and Selling for Gladstone Commercial.

Which major investors are buying Gladstone Commercial stock?

GOOD stock was acquired by a variety of institutional investors in the last quarter, including Mackay Shields LLC, Fiduciary Financial Services of The Southwest Inc. TX, Cetera Advisor Networks LLC, Delphi Management Inc. MA, Sumitomo Mitsui Trust Holdings Inc., California Public Employees Retirement System, Rhumbline Advisers and D.A. Davidson & CO.. Company insiders that have bought Gladstone Commercial stock in the last two years include David Gladstone, Jay Beckhorn, Michael Sodo, Paul W Adelgren and Robert G Cutlip. View Insider Buying and Selling for Gladstone Commercial.

How do I buy shares of Gladstone Commercial?

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

What is Gladstone Commercial's stock price today?

One share of GOOD stock can currently be purchased for approximately $22.96.

How big of a company is Gladstone Commercial?

Gladstone Commercial has a market capitalization of $717.04 million and generates $106.80 million in revenue each year. The real estate investment trust earns $12.31 million in net income (profit) each year or $1.59 on an earnings per share basis. View Additional Information About Gladstone Commercial.

What is Gladstone Commercial's official website?

The official website for Gladstone Commercial is http://www.gladstonecommercial.com/.

How can I contact Gladstone Commercial?

Gladstone Commercial's mailing address is 1521 WESTBRANCH DRIVE SUITE 100, MCLEAN VA, 22102. The real estate investment trust can be reached via phone at 703-287-5800 or via email at [email protected]


MarketBeat Community Rating for Gladstone Commercial (NASDAQ GOOD)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  204 (Vote Outperform)
Underperform Votes:  326 (Vote Underperform)
Total Votes:  530
MarketBeat's community ratings are surveys of what our community members think about Gladstone Commercial and other stocks. Vote "Outperform" if you believe GOOD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GOOD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/16/2019 by MarketBeat.com Staff

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