Gladstone Commercial (NASDAQ:GOOD) is set to post its quarterly earnings results after the market closes on Wednesday, February 14th. Analysts expect Gladstone Commercial to post earnings of ($0.02) per share for the quarter.
Gladstone Commercial (NASDAQ:GOOD) opened at $17.60 on Tuesday. Gladstone Commercial has a one year low of $17.09 and a one year high of $23.35. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.68 and a current ratio of 0.68. The firm has a market capitalization of $487.62, a price-to-earnings ratio of -440.00, a P/E/G ratio of 1.90 and a beta of 0.75.
The firm also recently announced a monthly dividend, which was paid on Wednesday, January 31st. Investors of record on Monday, January 22nd were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, January 19th. This represents a $1.50 annualized dividend and a yield of 8.52%. Gladstone Commercial’s dividend payout ratio (DPR) is -3,750.00%.
Several research analysts recently weighed in on the company. B. Riley assumed coverage on Gladstone Commercial in a research note on Thursday, February 8th. They set a “neutral” rating and a $19.00 target price on the stock. BidaskClub upgraded Gladstone Commercial from a “strong sell” rating to a “sell” rating in a research note on Saturday. Ladenburg Thalmann Financial Services restated a “hold” rating on shares of Gladstone Commercial in a research note on Friday, December 1st. Zacks Investment Research downgraded Gladstone Commercial from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Finally, ValuEngine downgraded Gladstone Commercial from a “strong-buy” rating to a “buy” rating in a research note on Monday, November 20th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. Gladstone Commercial currently has a consensus rating of “Hold” and a consensus price target of $21.50.
TRADEMARK VIOLATION NOTICE: This story was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this story on another domain, it was illegally copied and reposted in violation of US and international trademark and copyright legislation. The correct version of this story can be accessed at https://www.dispatchtribunal.com/2018/02/13/gladstone-commercial-good-set-to-announce-earnings-on-wednesday.html.
Gladstone Commercial Company Profile
Gladstone Commercial Corporation is a real estate investment trust. The Company focuses on acquiring, owning and managing primarily office and industrial properties. The Company also makes long-term industrial and commercial mortgage loans. As of February 15, 2017, the Company owned 95 properties totaling 10.9 million square feet in 24 states.
Receive News & Ratings for Gladstone Commercial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gladstone Commercial and related companies with MarketBeat.com's FREE daily email newsletter.