NASDAQ:GOOD

Gladstone Commercial Stock Forecast, Price & News

$18.23

-0.04 (-0.22 %)

(As of 01/26/2021 12:00 AM ET)

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Today's Range

$18.12

Now: $18.23▼

$18.48

50-Day Range

$17.65

MA: $18.14▼

$18.77

52-Week Range

$7.59

Now: $18.23▼

$22.30

Volume206,118 shs

Average Volume198,376 shs

Market Capitalization$624.71 million

P/E RatioN/A

Dividend Yield8.21%

Beta0.99

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 September 2020, Gladstone Commercial has paid 189 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 53 consecutive monthly cash distributions on its Series D Preferred Stock, 12 consecutive monthly cash distributions on its Series E Preferred Stock and three consecutive monthly cash distributions on its Series F Preferred Stock. Gladstone Commercial has never skipped, reduced or deferred a distribution since its inception in 2003.

MarketRank^™

Overall MarketRank^™

1.53 out of 5 stars

Finance Sector

644th out of 1,936 stocks

Real Property Lessors, Not Elsewhere Classified Industry

1st out of 6 stocks

2.5 Analyst's Opinion

Consensus Rating
Gladstone Commercial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $20.75, Gladstone Commercial has a forecasted upside of 13.8% from its current price of $18.23.
Amount of Analyst Coverage
Gladstone Commercial has only been the subject of 1 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Gladstone Commercial has received 250 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Gladstone Commercial has received 383 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Gladstone Commercial has received 60.51% “underperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Leadership
Gladstone Commercial is a leading dividend payer. It pays a dividend yield of 8.21%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Gladstone Commercial has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Gladstone Commercial is 94.94%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, Gladstone Commercial will have a dividend payout ratio of 93.75% in the coming year. This indicates that Gladstone Commercial may not be able to sustain their current dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gladstone Commercial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.80% of the stock of Gladstone Commercial is held by insiders.
Percentage Held by Institutions
55.16% of the stock of Gladstone Commercial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Gladstone Commercial are expected to grow by 1.27% in the coming year, from $1.58 to $1.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Gladstone Commercial is -67.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gladstone Commercial is -67.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Gladstone Commercial has a P/B Ratio of 2.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Real property lessors, not elsewhere classified

Sub-IndustryDiversified REITs

SectorFinance

Current SymbolNASDAQ:GOOD

Previous Symbol

CUSIP37653610

CIK1234006

Webwww.gladstonecommercial.com

Phone703-287-5800

EmployeesN/A

Year FoundedN/A

Debt

Debt-to-Equity Ratio3.29

Current Ratio5.98

Quick Ratio5.98

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio11.54

P/E GrowthN/A

Sales & Book Value

Annual Sales$114.39 million

Price / Sales5.46

Cash Flow$2.00 per share

Price / Cash Flow9.11

Book Value$6.76 per share

Price / Book2.70

Profitability

EPS (Most Recent Fiscal Year)$1.58

Net Income$9.63 million

Net Margins5.05%

Return on Equity3.10%

Return on Assets0.61%

Miscellaneous

Outstanding Shares34,268,000

Market Cap$624.71 million

Next Earnings Date2/10/2021 (Estimated)

OptionableOptionable

$18.23

-0.04 (-0.22 %)

(As of 01/26/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Gladstone Commercial (NASDAQ:GOOD) Frequently Asked Questions

How has Gladstone Commercial's stock been impacted by COVID-19 (Coronavirus)?

Gladstone Commercial's stock was trading at $15.78 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, GOOD stock has increased by 15.5% and is now trading at $18.23.
View which stocks have been most impacted by COVID-19.

Is Gladstone Commercial a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gladstone Commercial in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Gladstone Commercial stock.
View analyst ratings for Gladstone Commercial or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Gladstone Commercial?

Wall Street analysts have given Gladstone Commercial a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Gladstone Commercial wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Gladstone Commercial's next earnings date?

Gladstone Commercial is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for Gladstone Commercial.

How were Gladstone Commercial's earnings last quarter?

Gladstone Commercial Co. (NASDAQ:GOOD) announced its quarterly earnings data on Thursday, November, 5th. The real estate investment trust reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.39 by $0.40. The real estate investment trust earned $33.14 million during the quarter, compared to analyst estimates of $33.61 million. Gladstone Commercial had a trailing twelve-month return on equity of 3.10% and a net margin of 5.05%.
View Gladstone Commercial's earnings history.

How often does Gladstone Commercial pay dividends? What is the dividend yield for Gladstone Commercial?

Gladstone Commercial announced a monthly dividend on Friday, January 15th. Investors of record on Thursday, March 18th will be given a dividend of $0.1252 per share on Wednesday, March 31st. This represents a $1.50 dividend on an annualized basis and a yield of 8.24%. The ex-dividend date of this dividend is Wednesday, March 17th.
View Gladstone Commercial's dividend history.

Is Gladstone Commercial a good dividend stock?

Gladstone Commercial pays an annual dividend of $1.50 per share and currently has a dividend yield of 8.21%. GOOD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Gladstone Commercial does not yet have a strock track record of dividend growth. The dividend payout ratio of Gladstone Commercial is 94.94%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Gladstone Commercial will have a dividend payout ratio of 93.75% in the coming year. This indicates that Gladstone Commercial may not be able to sustain their current dividend.
View Gladstone Commercial's dividend history.

What price target have analysts set for GOOD?

4 brokerages have issued 12 month target prices for Gladstone Commercial's shares. Their forecasts range from $20.00 to $22.00. On average, they anticipate Gladstone Commercial's share price to reach $20.75 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price.
View analysts' price targets for Gladstone Commercial or view Wall Street analyst' top-rated stocks.

Who are some of Gladstone Commercial's key competitors?

Some companies that are related to Gladstone Commercial include Duke Realty (DRE), Vornado Realty Trust (VNO), Cousins Properties (CUZ), Spirit Realty Capital (SRC), PS Business Parks (PSB), Lexington Realty Trust (LXP), Washington Real Estate Investment Trust (WRE), American Assets Trust (AAT), One Liberty Properties (OLP), Whitestone REIT (WSR) and Gyrodyne (GYRO).
View all of GOOD's competitors.

What other stocks do shareholders of Gladstone Commercial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gladstone Commercial investors own include AT&T (T), Altria Group (MO), Gladstone Capital (GLAD), The Coca-Cola (KO), Virtus Total Return Fund (ZTR), Philip Morris International (PM), Oxford Lane Capital (OXLC), Gladstone Investment (GAIN), Main Street Capital (MAIN) and Exxon Mobil (XOM).

Who are Gladstone Commercial's key executives?

Gladstone Commercial's management team includes the following people:

Mr. David John Gladstone, Founder, Chairman & CEO (Age 79)
Mr. Terry Lee Brubaker, Vice Chairman & COO (Age 77)
Mr. Robert G. Cutlip, Pres (Age 71)
Mr. Michael J. Sodo, Chief Financial Officer (Age 43, Pay $95.38k)
Ms. Karin McLaughlin, Investor Relations Specialist
Mr. John Anthony Dellafiora Jr., Chief Compliance Officer
Mr. Michael Bernard LiCalsi, Gen. Counsel & Sec. (Age 51)
Mr. Arthur S. Cooper, Exec. VP & Head of South Central Region
Mr. Matthew Tucker, Exec. VP & Head of Northeast and Midwest Regions (Age 48)
Mr. Brandon Flickinger, Exec. VP & Head of Southeast and West Regions

What is Gladstone Commercial's stock symbol?

Gladstone Commercial trades on the NASDAQ under the ticker symbol "GOOD."

Who are Gladstone Commercial's major shareholders?

Gladstone Commercial's stock is owned by many different retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.85%), Strs Ohio (0.15%), Exchange Traded Concepts LLC (0.13%), Nisa Investment Advisors LLC (0.06%) and Candriam Luxembourg S.C.A. (0.03%). Company insiders that own Gladstone Commercial stock include Michael Licalsi, Michael Sodo, Michela A English 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 Exchange Traded Concepts LLC, and Strs Ohio.
View insider buying and selling activity for Gladstone Commercial or view top insider-selling stocks.

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, Candriam Luxembourg S.C.A., and Nisa Investment Advisors LLC. Company insiders that have bought Gladstone Commercial stock in the last two years include Michael Licalsi, Michael Sodo, Michela A English, and Robert G Cutlip.
View insider buying and selling activity for Gladstone Commercial or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Gladstone Commercial's stock price today?

One share of GOOD stock can currently be purchased for approximately $18.23.

How big of a company is Gladstone Commercial?

Gladstone Commercial has a market capitalization of $624.71 million and generates $114.39 million in revenue each year. The real estate investment trust earns $9.63 million in net income (profit) each year or $1.58 on an earnings per share basis.

What is Gladstone Commercial's official website?

The official website for Gladstone Commercial is 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]

This page was last updated on 1/27/2021 by MarketBeat.com Staff

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