NASDAQ:GOOD - Gladstone Commercial Stock Price, News, & Analysis

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$20.89 +0.19 (+0.92 %)
(As of 02/18/2019 03:16 PM ET)
Previous Close$20.70
Today's Range$20.61 - $21.09
52-Week Range$16.78 - $21.09
Volume257,526 shs
Average Volume116,006 shs
Market Capitalization$605.56 million
P/E Ratio13.14
Dividend Yield7.25%
Beta0.84
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 October 2018, Gladstone Commercial has paid 165 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 153 consecutive monthly cash distributions on its Series A Preferred Stock, 144 consecutive monthly cash distributions on its Series B Preferred Stock and 29 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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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$1.8309 per share
Book Value$9.63 per share

Profitability

Net Income$5.93 million

Miscellaneous

Employees65
Market Cap$605.56 million
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 announced a monthly dividend on Wednesday, January 9th. Investors 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 dividend on an annualized basis and a yield of 7.18%. The ex-dividend date of this dividend is Tuesday, March 19th. View Gladstone Commercial's Dividend History.

How were Gladstone Commercial's earnings last quarter?

Gladstone Commercial Co. (NASDAQ:GOOD) issued its quarterly earnings data on Wednesday, February, 13th. The real estate investment trust reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.40 by $0.41. The real estate investment trust earned $27.26 million during the quarter, compared to the consensus estimate of $27.18 million. Gladstone Commercial had a return on equity of 4.88% and a net margin of 11.54%. 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 Tuesday, May 7th 2019. View Earnings Estimates for Gladstone Commercial.

What price target have analysts set for GOOD?

4 analysts have issued 1-year target prices for Gladstone Commercial's shares. Their forecasts range from $20.00 to $21.50. On average, they anticipate Gladstone Commercial's stock price to reach $20.8333 in the next twelve months. This suggests that the stock has a possible downside of 0.3%. 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?

Media stories about GOOD stock have trended positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Gladstone Commercial earned a daily sentiment score of 2.3 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the next few days.

Who are some of Gladstone Commercial's key competitors?

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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.77%), Dimensional Fund Advisors LP (1.50%), Fiduciary Financial Services of The Southwest Inc. TX (1.49%), Northern Trust Corp (1.39%), Geode Capital Management LLC (1.26%) and Confluence Investment Management LLC (0.97%). 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 Stifel Financial Corp. 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 $20.89.

How big of a company is Gladstone Commercial?

Gladstone Commercial has a market capitalization of $605.56 million and generates $106.80 million in revenue each year. The real estate investment trust earns $5.93 million in net income (profit) each year or $1.59 on an earnings per share basis. Gladstone Commercial employs 65 workers across the globe.

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:  159 (Vote Outperform)
Underperform Votes:  270 (Vote Underperform)
Total Votes:  429
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 2/18/2019 by MarketBeat.com Staff

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