Gladstone mercial (GOOD)

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Gladstone Commercial (GOOD) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-07-09 23:20
Company Performance - Gladstone Commercial is expected to report an EPS of $0.33, reflecting a 19.51% decline year-over-year [1] - The projected revenue for the upcoming earnings report is $35.89 million, indicating a 7.17% decrease compared to the same quarter last year [1] - For the entire fiscal year, the consensus estimates project earnings of $1.36 per share and revenue of $144.14 million, representing changes of -7.48% and -2.33% respectively from the prior year [6] Valuation Metrics - The current Forward P/E ratio for Gladstone Commercial is 10.58, which is below the industry average Forward P/E of 11.67 [2] - The company has a PEG ratio of 1.76, compared to the industry average PEG ratio of 2.25 [7] Stock Performance - Gladstone Commercial's stock closed at $14.28, showing a -0.35% change from the previous session, underperforming the S&P 500's daily gain of 0.07% [8] - Over the last month, the stock has increased by 0.28%, outperforming the Finance sector's loss of 5.5% but lagging behind the S&P 500's gain of 4.34% [8] Analyst Estimates and Industry Ranking - Recent modifications to analyst estimates for Gladstone Commercial indicate changing business trends, with positive revisions reflecting analyst optimism [4] - The REIT and Equity Trust - Other industry has a Zacks Industry Rank of 183, placing it in the bottom 28% of over 250 industries [5] - Gladstone Commercial currently holds a Zacks Rank of 5 (Strong Sell), with the consensus EPS estimate remaining unchanged over the last 30 days [11]
Gladstone Commercial (GOOD) Laps the Stock Market: Here's Why
ZACKS· 2024-06-26 23:05
The real estate investment trust's shares have seen a decrease of 1.64% over the last month, not keeping up with the Finance sector's loss of 0.22% and the S&P 500's gain of 3.22%. For the full year, the Zacks Consensus Estimates project earnings of $1.36 per share and a revenue of $144.14 million, demonstrating changes of -7.48% and -2.33%, respectively, from the preceding year. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we ...
Gladstone Commercial (GOOD) Executes New Lease With Hub Group
ZACKS· 2024-06-20 17:26
The 966,753-square-foot industrial building is located in Taylor, PA. The lease for the property, which was purchased by Gladstone Commercial in 2014, will commence on Jul 1, 2024. Per Buzz Cooper, president of Gladstone Commercial, "This new lease demonstrates the quality of our industrial portfolio and continued tenant demand for this type of space. We are pleased to maintain full occupancy at the property with no downtime." Shares of this Zacks Rank #3 (Hold) company have gained 3.5% in the past three mo ...
Gladstone Commercial's 8% Yield Is Available At A Steal
Seeking Alpha· 2024-06-06 16:12
Dragon Claws In the last year, real estate investment trusts with office investments have dealt with growing investor concerns about loan performance. High interest rates and weak occupancy performance due to hybrid work arrangements have put pressure on those trusts that own office properties. Gladstone Commercial Corporation (NASDAQ:GOOD) also owns office properties, but the trust collected 100% of its cash rent in 1Q24 and the pay-out metrics still look rather compelling from a passive income investors' ...
Deep Fishing For Bargains: 2 Preferred Stocks Up To 9% Yield
seekingalpha.com· 2024-05-24 12:30
designer491 Co-authored with Hidden Opportunities. The 60/40 stock-bond portfolio advice is often misrepresented and misunderstood. Investors simply assume that obtaining a diversified exposure to bonds would satisfy the 40% requirement for portfolio defensiveness and stability during challenging economic conditions. You could satisfy your fixed-income requirement using index funds like Vanguard Total Bond Market Index (VBTLX) or Fidelity U.S. Bond Index (FXNAX), but note that even though these have more or ...
Gladstone Commercial: Solidified For The Future
Seeking Alpha· 2024-05-10 10:17
alvarez Gladstone Commercial (NASDAQ:GOOD) has been faced with the difficult task of transitioning from a 60% office portfolio into better property types, and they have had to do it at a time when interest rates are rising. It was a daunting task and much of the market thought they would fail either through debt piling up or substantial loss in FFO/share. As data comes out, GOOD is making it further and further through the transition while maintaining FFO. Results coming in well above expectations have led ...
Are You Looking for a Top Momentum Pick? Why Gladstone Commercial (GOOD) is a Great Choice
Zacks Investment Research· 2024-05-09 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...
Gladstone (GOOD) Boosts Industrial Property Base With Buyout
Zacks Investment Research· 2024-05-09 15:46
To expand its property base in targeted thriving markets, Gladstone Commercial Corporation (GOOD) recently announced the acquisition of an industrial manufacturing, distribution and service facility spanning 142,125 square feet on around 115 acres in Warfordsburg, PA, for $11.7 million at a weighted GAAP capitalization rate of 12.3%.The latest buyout is in sync with GOOD’s growth strategy of the acquisition of functional assets in strong industrial markets, which are leased to tenants with solid credit prof ...
Gladstone mercial (GOOD) - 2024 Q1 - Quarterly Results
2024-05-06 20:04
MCLEAN, VA, May 6, 2024 (ACCESSWIRE) -- Gladstone Commercial Corporation (Nasdaq: GOOD) ("Gladstone Commercial" or the "Company") today reported financial results for the first quarter ended March 31, 2024. A description of funds from operations, or FFO, and Core FFO, both non-GAAP (generally accepted accounting principles in the United States) financial measures, are located at the end of this press release. All per share references are to fully-diluted weighted average shares of common stock and Non- cont ...
Gladstone mercial (GOOD) - 2024 Q1 - Quarterly Report
2024-05-06 20:03
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER: 001-33097 GLADSTONE COMMERCIAL CORPORATION (Exact name of registrant as specified in its charter) Maryland 02-068 ...