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 July 2018,Gladstone Commercial has paid 162 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 150 consecutive monthly cash distributions on its Series A Preferred Stock,141 consecutive monthly cash distributions on its Series B Preferred Stock and 26 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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Real property lessors, not elsewhere classified
Sub-IndustryDiversified REITs
SectorFinance
Current SymbolNASDAQ:GOOD
Previous Symbol
CUSIP37653610
Phone703-287-5800
Debt
Debt-to-Equity Ratio2.19
Current Ratio13.78
Quick Ratio13.78
Price-To-Earnings
Trailing P/E Ratio12.83
Forward P/E Ratio12.19
P/E Growth2.03
Sales & Book Value
Annual Sales$94.80 million
Price / Sales5.96
Cash Flow$1.7874 per share
Price / Cash10.91
Book Value$8.52 per share
Price / Book2.29
Profitability
EPS (Most Recent Fiscal Year)$1.52
Net Income$5.93 million
Net Margins7.96%
Return on Equity3.26%
Return on Assets0.91%
Miscellaneous
Employees65
Outstanding Shares28,990,000
Market Cap$564.97 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 Tuesday, October 9th. Investors of record on Tuesday, November 20th will be paid a dividend of $0.125 per share on Friday, November 30th. This represents a $1.50 annualized dividend and a yield of 7.69%. The ex-dividend date of this dividend is Monday, November 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, October, 30th. The real estate investment trust reported ($0.01) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.03) by $0.02. The real estate investment trust had revenue of $26.59 million for the quarter, compared to analysts' expectations of $26.86 million. Gladstone Commercial had a return on equity of 3.26% and a net margin of 7.96%. View Gladstone Commercial's Earnings History.
When is Gladstone Commercial's next earnings date?
What price target have analysts set for GOOD?
5 brokerages have issued 1 year price targets for Gladstone Commercial's stock. 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 a possible upside of 6.8% from the stock's current price. View Analyst Price Targets for Gladstone Commercial.
What is the consensus analysts' recommendation for Gladstone Commercial?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gladstone Commercial in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Gladstone Commercial.
Has Gladstone Commercial been receiving favorable news coverage?
Press coverage about GOOD stock has been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Gladstone Commercial earned a news impact score of -1.1 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the stock's share price in the next few days.
Who are some of Gladstone Commercial's key competitors?
Some companies that are related to Gladstone Commercial include RMR Group (RMR), Union Bankshares (UBSH), Tanger Factory Outlet Centers (SKT), Bank of N.T. Butterfield & Son (NTB), Ares Management LP Unit (ARES), Nelnet (NNI), Independent Bank (INDB), DiamondRock Hospitality (DRH), Great Western Bancorp (GWB), Ameris Bancorp (ABCB), The Carlyle Group (CG), Trustmark (TRMK), Renasant (RNST), Realogy (RLGY) and Navigators Group (NAVG).
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.
Who are Gladstone Commercial's major shareholders?
Gladstone Commercial's stock is owned by a number of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (8.62%), BlackRock Inc. (7.53%), Dimensional Fund Advisors LP (1.40%), Wells Fargo & Company MN (0.96%), Confluence Investment Management LLC (0.96%) and Bank of New York Mellon Corp (0.81%). 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 Citadel Advisors LLC, Renaissance Technologies LLC, Nisa Investment Advisors LLC and Los Angeles Capital Management & Equity Research 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 LSV Asset Management, Martingale Asset Management L P, BlackRock Inc., GSA Capital Partners LLP, Wedbush Securities Inc., Bessemer Group Inc., Public Employees Retirement Association of Colorado and Prudential Financial 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 $19.50.
How big of a company is Gladstone Commercial?
Gladstone Commercial has a market capitalization of $564.97 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.
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.
