Gladstone Commercial - GOOD Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gladstone Commercial in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" GOOD shares.
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2 brokerages have issued 12 month price objectives for Gladstone Commercial's stock. Their GOOD share price forecasts range from $17.50 to $23.00. On average, they anticipate the company's share price to reach $20.17 in the next year. This suggests a possible upside of 21.0% from the stock's current price.
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Gladstone Commercial's stock was trading at $18.50 at the beginning of the year. Since then, GOOD shares have decreased by 9.9% and is now trading at $16.67.
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Gladstone Commercial saw a drop in short interest in January. As of January 15th, there was short interest totaling 660,800 shares, a drop of 20.3% from the December 31st total of 829,600 shares. Based on an average daily volume of 255,200 shares, the short-interest ratio is currently 2.6 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
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Gladstone Commercial will be holding an earnings conference call on Thursday, February 23rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-660-6853 with passcode "13734662".

Gladstone Commercial Co. (NASDAQ:GOOD) announced its quarterly earnings results on Monday, November, 7th. The real estate investment trust reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.37 by $0.39. The real estate investment trust had revenue of $39.83 million for the quarter, compared to analyst estimates of $37.14 million. Gladstone Commercial had a net margin of 7.16% and a trailing twelve-month return on equity of 4.97%.

Gladstone Commercial announced a monthly dividend on Friday, January 13th. Shareholders of record on Friday, March 17th will be paid a dividend of $0.10 per share on Friday, March 31st. This represents a $1.20 annualized dividend and a yield of 7.20%. The ex-dividend date of this dividend is Thursday, March 16th.
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Gladstone Commercial (NASDAQ:GOOD) pays an annual dividend of $1.20 per share and currently has a dividend yield of 7.27%. GOOD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for GOOD.

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), 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).

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

Gladstone Commercial's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Exchange Traded Concepts LLC (0.51%), Confluence Investment Management LLC (0.32%), OLIO Financial Planning (0.14%), Private Advisor Group LLC (0.13%), Strs Ohio (0.10%) and BTC Capital Management Inc. (0.04%). Insiders that own company stock include Gary Gerson, Michael Licalsi, Michael Sodo, Michela A English and Robert G Cutlip.
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Shares of GOOD stock 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.
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One share of GOOD stock can currently be purchased for approximately $16.67.

Gladstone Commercial (NASDAQ:GOOD) has a market capitalization of $660.25 million and generates $137.69 million in revenue each year. The real estate investment trust earns $9.77 million in net income (profit) each year or ($0.05) on an earnings per share basis.

Gladstone Commercial's mailing address is 1521 WESTBRANCH DRIVE SUITE 100, MCLEAN VA, 22102. The official website for the company is www.gladstonecommercial.com. The real estate investment trust can be reached via phone at (703) 287-5893, via email at commercial@gladstonecompanies.com, or via fax at 703-286-0795.