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 2019, Gladstone Commercial has paid 172 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, Gladstone Commercial paid five consecutive quarterly cash distributions.
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Industry, Sector and Symbol
Industry Real property lessors, not elsewhere classified
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 Date10/29/2019 (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 announced a monthly dividend on Tuesday, July 9th. Stockholders of record on Tuesday, August 20th will be paid a dividend of $0.125 per share on Friday, August 30th. This represents a $1.50 annualized dividend and a dividend yield of 6.69%. The ex-dividend date is Monday, August 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 Tuesday, July, 30th. The real estate investment trust reported ($0.02) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.40 by $0.42. The real estate investment trust had revenue of $28.20 million for the quarter, compared to the consensus estimate of $28.55 million. Gladstone Commercial had a return on equity of 4.72% and a net margin of 10.97%. View Gladstone Commercial's Earnings History.
When is Gladstone Commercial's next earnings date?
What price target have analysts set for GOOD?
2 Wall Street analysts have issued twelve-month target prices for Gladstone Commercial's shares. Their predictions range from $21.00 to $21.00. On average, they anticipate Gladstone Commercial's share price to reach $21.00 in the next year. This suggests that the stock has a possible downside of 6.3%. View Analyst Price Targets for Gladstone Commercial.
What is the consensus analysts' recommendation for Gladstone Commercial?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gladstone Commercial in the last year. There are currently 2 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. 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. " (8/2/2019)
- 2. 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)
Has Gladstone Commercial been receiving favorable news coverage?
News articles about GOOD stock have trended negative on Saturday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Gladstone Commercial earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Gladstone Commercial.
Who are some of Gladstone Commercial's key competitors?
Some companies that are related to Gladstone Commercial include MGM Growth Properties (MGP), Bancorpsouth Bank (BXS), Texas Capital Bancshares (TCBI), Washington Federal (WAFD), Chemical Financial (CHFC), TCF Financial (TCF), Main Street Capital (MAIN), National General (NGHC), Cathay General Bancorp (CATY), Government Properties Income Trust (GOV), Federal National Mortgage Association (FNMA), Alliance Trust (ATST), Fulton Financial (FULT), QTS Realty Trust (QTS) and Colliers International Group (CIGI).
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. David John Gladstone, Founder, Chairman & CEO (Age 77)
- Mr. Terry Lee Brubaker, Vice Chairman & COO (Age 75)
- Mr. Robert G. Cutlip, Pres (Age 69)
- Mr. Michael J. Sodo, Chief Financial Officer (Age 41)
- Ms. Karin McLaughlin, Investor Relations Specialist
Who are Gladstone Commercial's major shareholders?
Gladstone Commercial's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.96%), Renaissance Technologies LLC (8.26%), BlackRock Inc. (7.51%), United Capital Financial Advisers LLC (1.68%), Fiduciary Financial Services of The Southwest Inc. TX (1.46%) and Charles Schwab Investment Management Inc. (1.41%). 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 Charles Schwab Investment Management Inc., Joseph P. Lucia & Associates LLC, Wells Fargo & Company MN, Teachers Insurance & Annuity Association of America, United Capital Financial Advisers LLC, Albert D Mason Inc., Bank of New York Mellon Corp and Bank of America Corp DE. 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 Foundry Partners LLC, Morgan Stanley, Nuveen Asset Management LLC, BlackRock Inc., Renaissance Technologies LLC, LSV Asset Management, Dupont Capital Management Corp and UBS Asset Management Americas Inc.. 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 $22.42.
How big of a company is Gladstone Commercial?
Gladstone Commercial has a market capitalization of $695.02 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. View Additional Information About Gladstone Commercial.
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.
