Summary
16.03 0.31(1.97%)09/13/2024
Gladstone Commercial Corp (GOOD)
Gladstone Commercial Corp (GOOD)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 2.23 | 5.91 | 9.87 | 12.81 | 20.75 | 24.07 | -4.47 | 441.55 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 16.03 | |
| Open | 15.85 | |
| High | 16.05 | |
| Low | 15.80 | |
| Volume | 199,965 | |
| Change | 0.35 | |
| Change % | 2.23 | |
| Avg Volume (20 Days) | 191,153 | |
| Volume/Avg Volume (20 Days) Ratio | 1.05 | |
| 52 Week Range | 11.40 - 16.05 | |
| Price vs 52 Week High | -0.12% | |
| Price vs 52 Week Low | 40.61% | |
| Range | 1.14 | |
| Gap Up/Down | 0.07 | |
Fundamentals | ||
| Market Capitalization (Mln) | 682 | |
| EBIDTA | 101,081,000 | |
| PE Ratio | 0.0000 | |
| PEG Ratio | -62.6700 | |
| WallStreet Target Price | 14.50 | |
| Book Value | 3.6830 | |
| Earnings Per Share | -0.1800 | |
| EPS Estimate Current Quarter | -0.0100 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 0.1200 | |
| EPS Estimate Next Year | 0.1500 | |
| Diluted EPS (TTM) | -0.1800 | |
| Revenues | ||
| Profit Marging | 0.0364 | |
| Operating Marging (TTM) | 0.3611 | |
| Return on asset (TTM) | 0.0283 | |
| Return on equity (TTM) | 0.0156 | |
| Revenue TTM | 146,751,008 | |
| Revenue per share TTM | 3.6720 | |
| Quarterly Revenue Growth (YOY) | -0.0230 | |
| Quarterly Earnings Growth (YOY) | 6.4060 | |
| Gross Profit (TTM) | 115,818,000 | |
| Dividends | ||
| Dividend Share | 1.2000 | |
| Dividend Yield | 0.0813 | |
| Valuations | ||
| Trailing PE | 0.0000 | |
| Forward PE | 333.3333 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 3.4770 | |
| Revenue Enterprise Value | 8.5709 | |
| EBITDA Enterprise Value | 12.6322 | |
| Shares | ||
| Shares Outstanding | 40,054,300 | |
| Shares Float | 39,443,880 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.03 | |
| Insider (%) | 1.48 | |
| Institutions (%) | 46.26 | |
09/10 19:00 EST - zacks.com
Gladstone Commercial (GOOD) Outperforms Broader Market: What You Need to Know
Gladstone Commercial (GOOD) concluded the recent trading session at $15.50, signifying a +1.31% move from its prior day's close.
Gladstone Commercial (GOOD) Outperforms Broader Market: What You Need to Know
Gladstone Commercial (GOOD) concluded the recent trading session at $15.50, signifying a +1.31% move from its prior day's close.
09/08 09:00 EST - seekingalpha.com
The September Swoon
U.S. equity markets posted their worst week since March 2023 while benchmark interest rates tumbled to eighteen-month lows after employment data indicated a further cooling in economic momentum. Among several disappointing reports, BLS Nonfarm Payrolls data showed that the U.S. economy added just 142k jobs in August, while prior months were again revised sharply lower. Snapping a four-week winning streak that lifted the major benchmark to the cusp of record highs, the S&P 500 tumbled 4.1% this week. Technology stocks dragged on the downside.
The September Swoon
U.S. equity markets posted their worst week since March 2023 while benchmark interest rates tumbled to eighteen-month lows after employment data indicated a further cooling in economic momentum. Among several disappointing reports, BLS Nonfarm Payrolls data showed that the U.S. economy added just 142k jobs in August, while prior months were again revised sharply lower. Snapping a four-week winning streak that lifted the major benchmark to the cusp of record highs, the S&P 500 tumbled 4.1% this week. Technology stocks dragged on the downside.
09/04 14:40 EST - zacks.com
Gladstone Commercial Grows Industrial Property Base With Acquisition
As part of its efforts to expand in strong industrial locations, GOOD acquires an industrial manufacturing, distribution and service facility in Midland, TX.
Gladstone Commercial Grows Industrial Property Base With Acquisition
As part of its efforts to expand in strong industrial locations, GOOD acquires an industrial manufacturing, distribution and service facility in Midland, TX.
09/03 16:30 EST - accesswire.com
Gladstone Commercial Executes 8-Year Lease Extension at Flex / R&D Property in Raleigh, NC
MCLEAN, VA / ACCESSWIRE / September 3, 2024 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced that it has executed an 8-year lease extension with Elster Solutions, LLC ("Elster") at its 58,926 square foot flex / R&D building in Raleigh, North Carolina. Elster is owned by Honeywell International Inc. ("Honeywell"), who is the guarantor on the lease.
Gladstone Commercial Executes 8-Year Lease Extension at Flex / R&D Property in Raleigh, NC
MCLEAN, VA / ACCESSWIRE / September 3, 2024 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced that it has executed an 8-year lease extension with Elster Solutions, LLC ("Elster") at its 58,926 square foot flex / R&D building in Raleigh, North Carolina. Elster is owned by Honeywell International Inc. ("Honeywell"), who is the guarantor on the lease.
09/03 08:30 EST - accesswire.com
Gladstone Commercial Announces Industrial Acquisition in Midland, TX
MCLEAN, VA / ACCESSWIRE / September 3, 2024 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") has acquired a 50,102 square foot Class A industrial manufacturing, distribution, and service facility in Midland, Texas, at a weighted GAAP capitalization rate of 9.94%. The property was acquired in a long-term sale-leaseback transaction with a 15-year absolute NNN lease.
Gladstone Commercial Announces Industrial Acquisition in Midland, TX
MCLEAN, VA / ACCESSWIRE / September 3, 2024 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") has acquired a 50,102 square foot Class A industrial manufacturing, distribution, and service facility in Midland, Texas, at a weighted GAAP capitalization rate of 9.94%. The property was acquired in a long-term sale-leaseback transaction with a 15-year absolute NNN lease.
08/22 16:30 EST - accesswire.com
Gladstone Commercial Corporation Announces Election of Katharine Cornell Gorka as Director
MCLEAN, VA / ACCESSWIRE / August 22, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced that Katharine Cornell Gorka has been elected to the 2027 class of Directors for the Company, effective August 22, 2024. Ms. Gorka, 64, is the President of Threat Knowledge Group, which provides training and expertise on threats to U.S. national security, and also serves as the chair of the Fairfax County Republican Party.
Gladstone Commercial Corporation Announces Election of Katharine Cornell Gorka as Director
MCLEAN, VA / ACCESSWIRE / August 22, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced that Katharine Cornell Gorka has been elected to the 2027 class of Directors for the Company, effective August 22, 2024. Ms. Gorka, 64, is the President of Threat Knowledge Group, which provides training and expertise on threats to U.S. national security, and also serves as the chair of the Fairfax County Republican Party.
08/21 12:45 EST - zacks.com
Gladstone Commercial (GOOD) Renews Lease With Morgan Stanley
Gladstone Commercial (GOOD) announces a five-year lease renewal with Morgan Stanley, which reflects the decent demand for its properties.
Gladstone Commercial (GOOD) Renews Lease With Morgan Stanley
Gladstone Commercial (GOOD) announces a five-year lease renewal with Morgan Stanley, which reflects the decent demand for its properties.
08/20 08:30 EST - accesswire.com
Gladstone Commercial Executes 5 Year Lease Renewal at Office Property in Columbus, OH
MCLEAN, VA / ACCESSWIRE / August 20, 2024 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced today that it has executed a 5-year lease extension with Morgan Stanley Smith Barney Financing LLC ("Morgan Stanley") through December 31, 2030 for 72,301 square feet of its 101,869 square foot office building located at 4343 Easton Commons in Columbus, Ohio. This lease renewal continues Morgan Stanley's existing tenancy that began in 2008.
Gladstone Commercial Executes 5 Year Lease Renewal at Office Property in Columbus, OH
MCLEAN, VA / ACCESSWIRE / August 20, 2024 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced today that it has executed a 5-year lease extension with Morgan Stanley Smith Barney Financing LLC ("Morgan Stanley") through December 31, 2030 for 72,301 square feet of its 101,869 square foot office building located at 4343 Easton Commons in Columbus, Ohio. This lease renewal continues Morgan Stanley's existing tenancy that began in 2008.
08/19 11:07 EST - seekingalpha.com
Gladstone Commercial Series E Preferred: We're Still Glad
Series E preferred shares offer an attractive yield and potential for a high IRR if called in October, though recent share issuance makes us believe this is less likely. Series E shares remain well covered by asset value, redemption timing remains the key risk. While redemption in October is less likely, Series E shares still offer an attractive yield and option value.
Gladstone Commercial Series E Preferred: We're Still Glad
Series E preferred shares offer an attractive yield and potential for a high IRR if called in October, though recent share issuance makes us believe this is less likely. Series E shares remain well covered by asset value, redemption timing remains the key risk. While redemption in October is less likely, Series E shares still offer an attractive yield and option value.
08/17 06:00 EST - seekingalpha.com
Gladstone Commercial: 8% Yield, 83% Pay-Out Ratio, Strategic Portfolio Shift
Gladstone Commercial Corporation is a well-managed commercial real estate trust with investments in office and industrial properties. The trust covered its dividend with funds from operations, collected 100% of cash rent, and aims to increase industrial property exposure for future growth. Despite a decline in core funds from operations, the 8% dividend yield appears sustainable, with a focus on industrial properties driving potential FFO growth.
Gladstone Commercial: 8% Yield, 83% Pay-Out Ratio, Strategic Portfolio Shift
Gladstone Commercial Corporation is a well-managed commercial real estate trust with investments in office and industrial properties. The trust covered its dividend with funds from operations, collected 100% of cash rent, and aims to increase industrial property exposure for future growth. Despite a decline in core funds from operations, the 8% dividend yield appears sustainable, with a focus on industrial properties driving potential FFO growth.
08/14 01:24 EST - seekingalpha.com
Gladstone Commercial Series G Preferred: Solid 7.5% Monthly Payer With 25% Upside To Call
Gladstone Commercial is transitioning its portfolio to net lease industrial assets, improving credit quality and reassuring preferred equity holders. Gladstone Commercial Series G preferred offers a compelling 7.50% yield, with the potential for price appreciation due to yield scarcity. Market pricing of Gladstone Commercial Series G preferred at $20.00 provides a $5.00 discount to par value, offering a potential 25% upside if yield scarcity develops.
Gladstone Commercial Series G Preferred: Solid 7.5% Monthly Payer With 25% Upside To Call
Gladstone Commercial is transitioning its portfolio to net lease industrial assets, improving credit quality and reassuring preferred equity holders. Gladstone Commercial Series G preferred offers a compelling 7.50% yield, with the potential for price appreciation due to yield scarcity. Market pricing of Gladstone Commercial Series G preferred at $20.00 provides a $5.00 discount to par value, offering a potential 25% upside if yield scarcity develops.
08/12 11:55 EST - zacks.com
Gladstone Commercial (GOOD) Sells Georgia Medical Office Assets
Gladstone Commercial's (GOOD) sale of the Georgia medical office portfolio comes as part of the company's capital recycling efforts.
Gladstone Commercial (GOOD) Sells Georgia Medical Office Assets
Gladstone Commercial's (GOOD) sale of the Georgia medical office portfolio comes as part of the company's capital recycling efforts.
08/08 17:11 EST - newsfilecorp.com
Stonegate Capital Partners Updates 2Q24 Report on Gladstone Commercial Corp. (GOOD)
Dallas, Texas--(Newsfile Corp. - August 8, 2024) - Gladstone Commercial Corp. (NASDAQ: GOOD): Stonegate Capital Partners updates their coverage on Gladstone Commercial Corp. (NASDAQ: GOOD). To view the full announcement, including downloadable images, bios, and more, click here.
Stonegate Capital Partners Updates 2Q24 Report on Gladstone Commercial Corp. (GOOD)
Dallas, Texas--(Newsfile Corp. - August 8, 2024) - Gladstone Commercial Corp. (NASDAQ: GOOD): Stonegate Capital Partners updates their coverage on Gladstone Commercial Corp. (NASDAQ: GOOD). To view the full announcement, including downloadable images, bios, and more, click here.
08/08 16:30 EST - accesswire.com
Gladstone Commercial Corporation Announces Sale of Georgia Medical Office Portfolio
MCLEAN, VA / ACCESSWIRE / August 8, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced that on August 7, 2024, it sold two medical office properties located in the Atlanta MSA leased to Northside Hospital, totaling 26,331 square feet at a cap rate of 5.97%. Gladstone Commercial realized a leveraged internal rate of return of approximately 13.2% on the assets, which were originally acquired as a component of an 8-property portfolio transaction in 2007.
Gladstone Commercial Corporation Announces Sale of Georgia Medical Office Portfolio
MCLEAN, VA / ACCESSWIRE / August 8, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced that on August 7, 2024, it sold two medical office properties located in the Atlanta MSA leased to Northside Hospital, totaling 26,331 square feet at a cap rate of 5.97%. Gladstone Commercial realized a leveraged internal rate of return of approximately 13.2% on the assets, which were originally acquired as a component of an 8-property portfolio transaction in 2007.
08/07 10:35 EST - seekingalpha.com
Gladstone Commercial Corporation (GOOD) Q2 2024 Earnings Call Transcript
Gladstone Commercial Corporation (NASDAQ:GOOD ) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants David Gladstone - Chief Executive Officer Michael LiCalsi - General Counsel & Secretary Buzz Cooper - President Gary Gerson - Chief Financial Officer Conference Call Participants Gaurav Mehta - Alliance Global Partners Rob Stevenson - Janney Dave Storms - Stonegate John Massocca - B. Riley Securities Operator Greetings, and welcome to the Gladstone Commercial Corporation Second Quarter Earnings Call.
Gladstone Commercial Corporation (GOOD) Q2 2024 Earnings Call Transcript
Gladstone Commercial Corporation (NASDAQ:GOOD ) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants David Gladstone - Chief Executive Officer Michael LiCalsi - General Counsel & Secretary Buzz Cooper - President Gary Gerson - Chief Financial Officer Conference Call Participants Gaurav Mehta - Alliance Global Partners Rob Stevenson - Janney Dave Storms - Stonegate John Massocca - B. Riley Securities Operator Greetings, and welcome to the Gladstone Commercial Corporation Second Quarter Earnings Call.
08/06 18:41 EST - zacks.com
Gladstone Commercial (GOOD) Beats Q2 FFO and Revenue Estimates
Gladstone Commercial (GOOD) came out with quarterly funds from operations (FFO) of $0.36 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to FFO of $0.41 per share a year ago.
Gladstone Commercial (GOOD) Beats Q2 FFO and Revenue Estimates
Gladstone Commercial (GOOD) came out with quarterly funds from operations (FFO) of $0.36 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to FFO of $0.41 per share a year ago.
08/06 16:10 EST - accesswire.com
Gladstone Commercial Corporation Reports Results for the Second Quarter Ended June 30, 2024
Please note that the limited information that follows in this press release is not adequate to make an informed investment judgment. MCLEAN, VA / ACCESSWIRE / August 6, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial" or the "Company") today reported financial results for the second quarter ended June 30, 2024.
Gladstone Commercial Corporation Reports Results for the Second Quarter Ended June 30, 2024
Please note that the limited information that follows in this press release is not adequate to make an informed investment judgment. MCLEAN, VA / ACCESSWIRE / August 6, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial" or the "Company") today reported financial results for the second quarter ended June 30, 2024.
08/05 08:30 EST - accesswire.com
Gladstone Commercial Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESSWIRE / August 5, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) announces the following event: What: Gladstone Commercial Corporation's Second Quarter Ended June 30, 2024 Earnings Call & Webcast When: Wednesday, August 7, 2024 @ 8:30 a.m. ET Website: https://event.choruscall.com/mediaframe/webcast.html?webcastid=59elICYx How: By webcast -- Log on to the web at the address above By phone -- Please call (877) 424-3437 Contact: Gladstone Commercial Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through August 14, 2024.
Gladstone Commercial Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESSWIRE / August 5, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) announces the following event: What: Gladstone Commercial Corporation's Second Quarter Ended June 30, 2024 Earnings Call & Webcast When: Wednesday, August 7, 2024 @ 8:30 a.m. ET Website: https://event.choruscall.com/mediaframe/webcast.html?webcastid=59elICYx How: By webcast -- Log on to the web at the address above By phone -- Please call (877) 424-3437 Contact: Gladstone Commercial Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through August 14, 2024.
08/02 10:01 EST - zacks.com
Is Trending Stock Gladstone Commercial Corporation (GOOD) a Buy Now?
Zacks.com users have recently been watching Gladstone Commercial (GOOD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Is Trending Stock Gladstone Commercial Corporation (GOOD) a Buy Now?
Zacks.com users have recently been watching Gladstone Commercial (GOOD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
08/02 08:30 EST - seekingalpha.com
7 Potential Mousetrap REITs - High, Potentially Unsafe Yields
From a fundamental standpoint, this may be a good time to invest in REITs with high yields. It's crucial to avoid mousetrap REITs with high dividend yields that may be unsustainable, as dividend cuts quickly lead to dramatic losses in share value and reduced income. This article lists 22 equity REITs in significant danger of a dividend cut within the next 12 months.
7 Potential Mousetrap REITs - High, Potentially Unsafe Yields
From a fundamental standpoint, this may be a good time to invest in REITs with high yields. It's crucial to avoid mousetrap REITs with high dividend yields that may be unsustainable, as dividend cuts quickly lead to dramatic losses in share value and reduced income. This article lists 22 equity REITs in significant danger of a dividend cut within the next 12 months.