Gladstone Commercial (GOOD) Stock Price, News & Analysis

Company Overview

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 January 2024, Gladstone Commercial has paid 229 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, Gladstone Commercial paid five consecutive quarterly cash distributions. Gladstone Commercial has never skipped or deferred a distribution since its inception in 2003.

Key Stats

• Today's Range: $16.54 to $17.01
• 50-Day Range: $15.43 to $17.24
• 52-Week Range: $11.89 to $17.53
• Volume: 259,274 shs
• Average Volume: 243,747 shs
• Market Capitalization: $737.84 million
• P/E Ratio: 84.00
• Dividend Yield: 7.14%
• Price Target: $15.25
• Consensus Rating: Buy

Gladstone Commercial Stock Analysis - MarketRank™

Gladstone Commercial scored higher than 73% of companies evaluated by MarketBeat, and ranked 362nd out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Gladstone Commercial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Gladstone Commercial has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 2.13%

Earnings Growth

Earnings for Gladstone Commercial are expected to grow by 2.13% in the coming year, from $1.41 to $1.44 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Gladstone Commercial is 84.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Gladstone Commercial is 84.00, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 49.30.

Price to Earnings Growth Ratio

Gladstone Commercial has a PEG Ratio of 1.99. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Gladstone Commercial has a P/B Ratio of 4.35. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.47% of the outstanding shares of Gladstone Commercial have been sold short.

Short Interest Ratio / Days to Cover

Gladstone Commercial has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gladstone Commercial has recently decreased by 8.88%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Gladstone Commercial is a leading dividend payer. It pays a dividend yield of 7.12%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Gladstone Commercial does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Gladstone Commercial is 600.00%. 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 83.33% in the coming year. This indicates that Gladstone Commercial may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 2.4 / 5
• Environmental Score: -2.78

Percentage of Shares Shorted

1.47% of the outstanding shares of Gladstone Commercial have been sold short.

Short Interest Ratio / Days to Cover

Gladstone Commercial has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gladstone Commercial has recently decreased by 8.88%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.72

News Sentiment

Gladstone Commercial has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Gladstone Commercial this week, compared to 2 articles on an average week.

Search Interest

16 people have searched for GOOD on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

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 1.53% of the stock of Gladstone Commercial is held by insiders.

Percentage Held by Institutions

45.51% of the stock of Gladstone Commercial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GOOD Stock Analysis - Frequently Asked Questions

How have GOOD shares performed this year?

Gladstone Commercial's stock was trading at $13.24 at the beginning of the year. Since then, GOOD shares have increased by 26.9% and is now trading at $16.80.
View the best growth stocks for 2024 here.

How were Gladstone Commercial's earnings last quarter?

Gladstone Commercial Co. (NASDAQ:GOOD) released its quarterly earnings data on Tuesday, August, 6th. The real estate investment trust reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of $0.33 by $0.37. The real estate investment trust earned $37.06 million during the quarter, compared to the consensus estimate of $35.89 million. Gladstone Commercial had a net margin of 14.47% and a trailing twelve-month return on equity of 13.86%.

Who are Gladstone Commercial's major shareholders?

Gladstone Commercial's top institutional shareholders include Geode Capital Management LLC (2.50%), State Street Corp (2.39%), Charles Schwab Investment Management Inc. (1.00%) and XML Financial LLC (0.96%). Insiders that own company stock include Arthur S Cooper, Gary Gerson, Elliott Wislar Jr, Jay Beckhorn and Robert G Cutlip.
View institutional ownership trends.

How do I buy shares of Gladstone Commercial?

Shares of GOOD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Gladstone Commercial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Gladstone Commercial investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 8/06/2024
• Today: 11/20/2024
• Ex-Dividend for 11/29 Dividend: 11/20/2024
• Dividend Payable: 11/29/2024
• Ex-Dividend for 12/31 Dividend: 12/20/2024
• Dividend Payable: 12/31/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Real property lessors, not elsewhere classified
• Sub-Industry: Diversified REITs
• Current Symbol: NASDAQ:GOOD
• CUSIP: 37653610
• CIK: 1234006
• Web: www.gladstonecommercial.com
• Phone: (703) 287-5893
• Fax: 703-286-0795
• Employees: 70
• Year Founded: 2001

Price Target and Rating

• Average Stock Price Target: $15.25
• High Stock Price Target: $15.50
• Low Stock Price Target: $15.00
• Potential Upside/Downside: -9.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.20
• Trailing P/E Ratio: 84.00
• Forward P/E Ratio: 11.91
• P/E Growth: 1.99
• Net Income: $4.99 million
• Net Margins: 14.47%
• Pretax Margin: 14.47%
• Return on Equity: 13.86%
• Return on Assets: 1.93%

Debt

• Debt-to-Equity Ratio: 4.10
• Current Ratio: 3.54
• Quick Ratio: 3.54

Sales & Book Value

• Annual Sales: $147.58 million
• Price / Sales: 5.00
• Cash Flow: $1.42 per share
• Price / Cash Flow: 11.81
• Book Value: $3.86 per share
• Price / Book: 4.35

Miscellaneous

• Outstanding Shares: 43,920,000
• Free Float: 43,247,000
• Market Cap: $737.86 million
• Optionable: Optionable
• Beta: 1.21