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 July 2018,Gladstone Commercial has paid 162 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 150 consecutive monthly cash distributions on its Series A Preferred Stock,141 consecutive monthly cash distributions on its Series B Preferred Stock and 26 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. Further information can be found at www.GladstoneCommercial.com.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Real property lessors, not elsewhere classified
Sub-IndustryDiversified REITs
SectorFinance
SymbolNASDAQ:GOOD
CUSIP37653610
Phone703-287-5800
Debt
Debt-to-Equity Ratio2.16
Current Ratio6.93
Quick Ratio6.93
Price-To-Earnings
Trailing P/E Ratio13.17
Forward P/E Ratio12.74
P/E Growth2.07
Sales & Book Value
Annual Sales$94.80 million
Price / Sales6.12
Cash Flow$1.8309 per share
Price / Cash11.06
Book Value$9.63 per share
Price / Book2.10
Profitability
EPS (Most Recent Fiscal Year)$1.52
Net Income$5.93 million
Net Margins7.85%
Return on Equity3.08%
Return on Assets0.88%
Miscellaneous
Employees65
Outstanding Shares28,660,000
Market Cap$566.39 million
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, July 11th. Investors of record on Friday, July 20th will be paid a dividend of $0.125 per share on Tuesday, July 31st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 7.41%. The ex-dividend date of this dividend is Thursday, July 19th. View Gladstone Commercial's Dividend History.
How were Gladstone Commercial's earnings last quarter?
Gladstone Commercial Co. (NASDAQ:GOOD) announced its quarterly earnings data on Monday, July, 30th. The real estate investment trust reported ($0.01) EPS for the quarter, missing the Zacks' consensus estimate of $0.40 by $0.41. The real estate investment trust had revenue of $26.59 million for the quarter, compared to the consensus estimate of $26.49 million. Gladstone Commercial had a net margin of 7.85% and a return on equity of 3.08%. View Gladstone Commercial's Earnings History.
When is Gladstone Commercial's next earnings date?
What price target have analysts set for GOOD?
6 analysts have issued 1-year price targets for Gladstone Commercial's stock. Their predictions range from $20.00 to $21.50. On average, they expect Gladstone Commercial's stock price to reach $20.8333 in the next year. This suggests a possible upside of 2.9% from the stock's current price. View Analyst Price Targets for Gladstone Commercial.
What is the consensus analysts' recommendation for Gladstone Commercial?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gladstone Commercial in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gladstone Commercial.
Who are some of Gladstone Commercial's key competitors?
Some companies that are related to Gladstone Commercial include Capital & Counties Properties PLC (CAPC), Hamilton Lane (HLNE), Federated Investors (FII), QTS Realty Trust Inc Class A (QTS), Renasant (RNST), ServisFirst Bancshares (SFBS), Growthpoint Properties Australia (GOZ), Hope Bancorp (HOPE), Genworth Financial (GNW), BBVA Banco Frances (BFR), Tanger Factory Outlet Centers (SKT), Terreno Realty (TRNO), Aspen Insurance (AHL), Acadia Realty Trust (AKR) and Retail Opportunity Investments (ROIC).
Who are Gladstone Commercial's key executives?
Gladstone Commercial's management team includes the folowing people:
- Mr. Michael J. Sodo, Chief Financial Officer (Age 40)
- Mr. David John Gladstone, Founder, Chairman & CEO (Age 76)
- Mr. Terry Lee Brubaker, Vice Chairman & COO (Age 74)
- Mr. Robert G. Cutlip, Pres (Age 68)
- Mr. Anthony Mastantuono, Accounting Mang.
Has Gladstone Commercial been receiving favorable news coverage?
News headlines about GOOD stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Gladstone Commercial earned a news impact score of 0.08 on Accern's scale. They also assigned press coverage about the real estate investment trust an impact score of 46.02 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Gladstone Commercial.
Who are Gladstone Commercial's major shareholders?
Gladstone Commercial's stock is owned by a number of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (9.07%), BlackRock Inc. (7.53%), Schwab Charles Investment Management Inc. (1.39%), Dimensional Fund Advisors LP (1.39%), Confluence Investment Management LLC (0.93%) and Citadel Advisors LLC (0.70%). Company insiders that own Gladstone Commercial stock include Caren D Merrick, David Gladstone, Jay Beckhorn, Michael Sodo, Paul W Adelgren 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 Renaissance Technologies LLC, Martingale Asset Management L P, BlackRock Inc., Bessemer Group Inc., American Century Companies Inc., Boston Partners and Bank of America Corp DE. View Insider Buying and Selling for Gladstone Commercial.
Which institutional investors are buying Gladstone Commercial stock?
GOOD stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Citadel Advisors LLC, Schwab Charles Investment Management Inc., Connor Clark & Lunn Investment Management Ltd., GSA Capital Partners LLP, Los Angeles Capital Management & Equity Research Inc., Confluence Investment Management LLC and SG Americas Securities LLC. Company insiders that have bought Gladstone Commercial stock in the last two years include Caren D Merrick, 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 $20.25.
How big of a company is Gladstone Commercial?
Gladstone Commercial has a market capitalization of $566.39 million and generates $94.80 million in revenue each year. The real estate investment trust earns $5.93 million in net income (profit) each year or $1.52 on an earnings per share basis. Gladstone Commercial employs 65 workers across the globe.
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.
