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 2018, Gladstone Commercial has paid 159 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 147 consecutive monthly cash distributions on its Series A Preferred Stock, 138 consecutive monthly cash distributions on its Series B Preferred Stock and 23 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 Ratio1.98
Current Ratio0.99
Quick Ratio0.99
Price-To-Earnings
Trailing P/E Ratio13.01
Forward P/E Ratio12.40
P/E Growth2.07
Sales & Book Value
Annual Sales$94.80 million
Price / Sales5.91
Cash Flow$1.7814 per share
Price / Cash11.07
Book Value$9.63 per share
Price / Book2.05
Profitability
EPS (Most Recent Fiscal Year)$1.52
Net Income$5.93 million
Net Margins6.26%
Return on Equity2.40%
Return on Assets0.69%
Miscellaneous
Employees65
Outstanding Shares28,420,000
Market Cap$562.24
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. Shareholders 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 annualized dividend and a yield of 7.61%. 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 earnings results on Tuesday, May, 1st. The real estate investment trust reported $0.06 earnings per share for the quarter, missing analysts' consensus estimates of $0.40 by $0.34. The real estate investment trust earned $26.35 million during the quarter, compared to analysts' expectations of $25.57 million. Gladstone Commercial had a net margin of 6.26% and a return on equity of 2.40%. 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 12 month price targets for Gladstone Commercial's shares. Their predictions range from $19.00 to $24.00. On average, they expect Gladstone Commercial's stock price to reach $21.25 in the next twelve months. This suggests a possible upside of 7.8% from the stock's current price. View Analyst Ratings 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."
Who are some of Gladstone Commercial's key competitors?
Some companies that are related to Gladstone Commercial include Growthpoint Properties Australia (GOZ), Tanger Factory Outlet Centers (SKT), WesBanco (WSBC), Newmark Group (NMRK), ServisFirst Bancshares (SFBS), MGM Growth Properties (MGP), Acadia Realty Trust (AKR), LegacyTexas Financial Group (LTXB), Retail Opportunity Investments (ROIC), Hilltop (HTH), BancFirst (BANF), Corporate Capital Trust (CCT), QTS Realty Trust Inc Class A (QTS), Ares Management LP Unit (ARES) and 3i Infrastructure (3IN).
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?
Media coverage about GOOD stock has been trending somewhat positive recently, according to Accern. The research group rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Gladstone Commercial earned a daily sentiment score of 0.14 on Accern's scale. They also assigned media headlines about the real estate investment trust an impact score of 45.86 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
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 Confluence Investment Management LLC (0.93%). 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 buying Gladstone Commercial stock?
GOOD stock was purchased by a variety of institutional investors in the last quarter, including Confluence Investment Management 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 $19.72.
How big of a company is Gladstone Commercial?
Gladstone Commercial has a market capitalization of $562.24 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.
