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 2018, Gladstone Commercial has paid 156 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 144 consecutive monthly cash distributions on its Series A Preferred Stock, 135 consecutive monthly cash distributions on its Series B Preferred Stock and 20 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
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 Ratio12.53
Forward P/E Ratio11.98
P/E Growth1.97
Sales & Book Value
Annual Sales$94.80 million
Price / Sales5.71
Cash Flow$1.8057 per share
Price / Cash10.55
Book Value$9.63 per share
Price / Book1.98
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
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, April 11th. Shareholders of record on Wednesday, June 20th will be paid a dividend of $0.125 per share on Friday, June 29th. This represents a $1.50 annualized dividend and a yield of 7.87%. The ex-dividend date of this dividend is Tuesday, June 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 Tuesday, May, 1st. The real estate investment trust reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by $0.34. The real estate investment trust had revenue of $26.35 million for the quarter, compared to the consensus estimate 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?
5 Wall Street analysts have issued 1-year price targets for Gladstone Commercial's shares. Their forecasts range from $19.00 to $24.00. On average, they expect Gladstone Commercial's share price to reach $21.3333 in the next year. View Analyst Ratings for Gladstone Commercial.
Who are some of Gladstone Commercial's key competitors?
Some companies that are related to Gladstone Commercial include Lexington Realty Trust (LXP), 3i Infrastructure (3IN), Terreno Realty (TRNO), Corporate Capital Trust (CCT), Quality Care Properties (QCP), Flagstar Bancorp (FBC), BancFirst (BANF), BR Malls Participacoes (BRMSY), FBL Financial Group (FFG), Banner (BANR), Ares Management LP Unit (ARES), QTS Realty Trust Inc Class A (QTS), Independent Bank Group (IBTX), Argo Group (AGII) and Nuveen Municipal Value Fund (NUV).
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 stories about GOOD stock have trended somewhat negative on Saturday, according to Accern Sentiment. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gladstone Commercial earned a coverage optimism score of -0.05 on Accern's scale. They also gave news coverage about the real estate investment trust an impact score of 48.56 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Gladstone Commercial's major shareholders?
Gladstone Commercial's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.74%), United Capital Financial Advisers LLC (1.88%), Dimensional Fund Advisors LP (1.39%), Schwab Charles Investment Management Inc. (1.21%), Northern Trust Corp (1.21%) and Wells Fargo & Company MN (0.95%). 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 major investors are selling Gladstone Commercial stock?
GOOD stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, GSA Capital Partners LLP, California Public Employees Retirement System, JPMorgan Chase & Co., Guggenheim Capital LLC and American Century Companies Inc.. View Insider Buying and Selling for Gladstone Commercial.
Which major investors are buying Gladstone Commercial stock?
GOOD stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Schwab Charles Investment Management Inc., Global X Management Co. LLC, Caisse DE Depot ET Placement DU Quebec, WINTON GROUP Ltd, Teachers Insurance & Annuity Association of America, BlackRock Inc. and First Republic Investment Management Inc.. 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 $19.05.
How big of a company is Gladstone Commercial?
Gladstone Commercial has a market capitalization of $535.80 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 (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.
