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 January 2019, Gladstone Commercial has paid 168 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 156 consecutive monthly cash distributions on its Series A Preferred Stock, 147 consecutive monthly cash distributions on its Series B Preferred Stock and 32 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.
Industry, Sector and Symbol
Industry N/A
Sub-IndustryDiversified REITs
SectorFinance
Phone703-287-5800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$106.80 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable
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 monthly dividend on Wednesday, January 9th. Stockholders of record on Wednesday, March 20th will be paid a dividend of $0.125 per share on Friday, March 29th. This represents a $1.50 annualized dividend and a dividend yield of 7.17%. The ex-dividend date is Tuesday, March 19th. View Gladstone Commercial's Dividend History.
How were Gladstone Commercial's earnings last quarter?
Gladstone Commercial Co. (NASDAQ:GOOD) posted its quarterly earnings data on Wednesday, February, 13th. The real estate investment trust reported ($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.40 by $0.41. The real estate investment trust had revenue of $27.26 million for the quarter, compared to the consensus estimate of $27.18 million. Gladstone Commercial had a net margin of 11.54% and a return on equity of 4.87%. View Gladstone Commercial's Earnings History.
When is Gladstone Commercial's next earnings date?
What price target have analysts set for GOOD?
4 brokerages have issued 12 month price objectives for Gladstone Commercial's shares. Their forecasts range from $20.00 to $21.50. On average, they expect Gladstone Commercial's share price to reach $20.8333 in the next year. This suggests that the stock has a possible downside of 0.5%. View Analyst Price Targets for Gladstone Commercial.
What is the consensus analysts' recommendation for Gladstone Commercial?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gladstone Commercial in the last year. There are currently 1 hold rating and 3 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. 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)
- 2. 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. " (2/13/2019)
Has Gladstone Commercial been receiving favorable news coverage?
News coverage about GOOD stock has trended somewhat positive this week, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gladstone Commercial earned a news sentiment score of 1.4 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are some of Gladstone Commercial's key competitors?
Some companies that are related to Gladstone Commercial include Legg Mason (LM), Ares Management (ARES), NIB (NHF), Washington Federal (WAFD), Prospect Capital (PSEC), Simmons First National (SFNC), QTS Realty Trust (QTS), Focus Financial Partners (FOCS), Main Street Capital (MAIN), Shopping Cntrs Austrls Prprty Gp Re (SCP), Moelis & Co (MC), First Midwest Bancorp (FMBI), The GEO Group (GEO), Argo Group (ARGO) and Great Portland Estates (GPEAF).
What other stocks do shareholders of Gladstone Commercial own?
Who are Gladstone Commercial's key executives?
Gladstone Commercial's management team includes the folowing people:
- Mr. Michael J. Sodo, Chief Financial Officer (Age 41)
- 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)
- Ms. Karin McLaughlin, Investor Relations Specialist
Who are Gladstone Commercial's major shareholders?
Gladstone Commercial's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.77%), Dimensional Fund Advisors LP (1.50%), Dimensional Fund Advisors LP (1.47%), Fiduciary Financial Services of The Southwest Inc. TX (1.49%), Northern Trust Corp (1.39%) and Geode Capital Management LLC (1.26%). 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 GSA Capital Partners LLP, LSV Asset Management, MetLife Investment Advisors LLC, Advisory Services Network LLC, Albert D Mason Inc., Janney Montgomery Scott LLC, Avenir Corp and American Century Companies Inc.. View Insider Buying and Selling for Gladstone Commercial.
Which major investors are buying Gladstone Commercial stock?
GOOD stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Millennium Management LLC, Two Sigma Investments LP, Bank of America Corp DE, Martingale Asset Management L P, HRT Financial LLC, Bessemer Group Inc. and Dimensional Fund Advisors LP. 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, Scottrade, Fidelity and Charles Schwab.
What is Gladstone Commercial's stock price today?
One share of GOOD stock can currently be purchased for approximately $20.93.
How big of a company is Gladstone Commercial?
Gladstone Commercial has a market capitalization of $616.12 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.
What is Gladstone Commercial's official website?
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)
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.
