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NASDAQ:GOODGladstone Commercial Stock Price, Forecast & News

$18.94
+0.41 (+2.21 %)
(As of 06/4/2020 04:00 PM ET)
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Today's Range
$18.26
Now: $18.94
$19.00
50-Day Range
$13.62
MA: $15.83
$18.66
52-Week Range
$7.59
Now: $18.94
$23.98
Volume208,658 shs
Average Volume239,200 shs
Market Capitalization$642.82 million
P/E RatioN/A
Dividend Yield8.10%
Beta1.03
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. The company has also paid 160 consecutive monthly cash distributions on its Series A Preferred Stock, 151 consecutive monthly cash distributions on its Series B Preferred Stock and 36 consecutive monthly cash distributions on its Series D Preferred Stock. Gladstone Commercial has never skipped, reduced or deferred a distribution since its inception in 2003.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.0Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.16 out of 5 stars


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$114.39 million
Cash Flow$2.03 per share
Book Value$6.76 per share

Profitability

Net Income$9.63 million

Miscellaneous

EmployeesN/A
Market Cap$642.82 million
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Gladstone Commercial (NASDAQ:GOOD) Frequently Asked Questions

How has Gladstone Commercial's stock been impacted by COVID-19 (Coronavirus)?

Gladstone Commercial's stock was trading at $15.78 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GOOD shares have increased by 20.0% and is now trading at $18.94. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Gladstone Commercial?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gladstone Commercial in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Gladstone Commercial.

When is Gladstone Commercial's next earnings date?

Gladstone Commercial is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Gladstone Commercial.

How were Gladstone Commercial's earnings last quarter?

Gladstone Commercial Co. (NASDAQ:GOOD) issued its earnings results on Tuesday, April, 28th. The real estate investment trust reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.39 by $0.41. The real estate investment trust had revenue of $33.62 million for the quarter, compared to analysts' expectations of $30.34 million. Gladstone Commercial had a return on equity of 2.99% and a net margin of 5.97%. View Gladstone Commercial's earnings history.

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

Gladstone Commercial declared a monthly dividend on Friday, April 17th. Investors of record on Friday, June 19th will be paid a dividend of $0.1252 per share on Tuesday, June 30th. This represents a $1.50 annualized dividend and a yield of 7.93%. The ex-dividend date is Thursday, June 18th. View Gladstone Commercial's dividend history.

What price target have analysts set for GOOD?

4 equities research analysts have issued 12 month target prices for Gladstone Commercial's shares. Their forecasts range from $18.00 to $25.00. On average, they anticipate Gladstone Commercial's share price to reach $21.33 in the next year. This suggests a possible upside of 12.6% from the stock's current price. View analysts' price targets for Gladstone Commercial.

Has Gladstone Commercial been receiving favorable news coverage?

Media stories about GOOD stock have been trending extremely negative on Friday, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Gladstone Commercial earned a daily sentiment score of -5.0 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutGladstone Commercial.

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

Who are Gladstone Commercial's key executives?

Gladstone Commercial's management team includes the following 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

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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.75%), State Street Corp (2.52%), JPMorgan Chase & Co. (2.27%), Geode Capital Management LLC (1.49%), United Capital Financial Advisers LLC (1.37%) and Invesco Ltd. (1.18%). Company insiders that own Gladstone Commercial stock include Michael Licalsi, Michael Sodo, Michela A English and Robert G Cutlip. View institutional ownership trends for Gladstone Commercial.

Which institutional investors are selling Gladstone Commercial stock?

GOOD stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, UBS Group AG, JPMorgan Chase & Co., United Capital Financial Advisers LLC, Two Sigma Investments LP, Deutsche Bank AG, Wells Fargo & Company MN, and Confluence Investment Management LLC. View insider buying and selling activity for Gladstone Commercial.

Which institutional investors are buying Gladstone Commercial stock?

GOOD stock was acquired by a variety of institutional investors in the last quarter, including Integrated Investment Consultants LLC, BlackRock Inc., State Street Corp, Two Sigma Advisers LP, Geode Capital Management LLC, Nuveen Asset Management LLC, Foundry Partners LLC, and Creative Planning. Company insiders that have bought Gladstone Commercial stock in the last two years include Michael Licalsi, Michael Sodo, Michela A English, and Robert G Cutlip. View insider buying and selling activity 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 $18.94.

How big of a company is Gladstone Commercial?

Gladstone Commercial has a market capitalization of $642.82 million and generates $114.39 million in revenue each year. The real estate investment trust earns $9.63 million in net income (profit) each year or $1.58 on an earnings per share basis.

What is Gladstone Commercial's official website?

The official website for Gladstone Commercial is 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]

This page was last updated on 6/5/2020 by MarketBeat.com Staff

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