Gladstone Commercial Corporation

Gladstone Commercial Corporation

GOODยทNASDAQ

$12.62

-0.079%
Real EstateREIT - Diversified

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 September 2020, Gladstone Commercial has paid 189 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, Gladstone Commercial paid five consecutive quarterly cash distributions. The company has also paid 53 consecutive monthly cash distributions on its Series D Preferred Stock, 12 consecutive monthly cash distributions on its Series E Preferred Stock and three consecutive monthly cash distributions on its Series F Preferred Stock. Gladstone Commercial has never skipped, reduced or deferred a distribution since its inception in 2003.

At a Glance

Live Snapshot
Market Cap$610.90M
EPS0.4100
P/E Ratio30.78
Earnings Date08/05/2026
Gladstone Commercial Corporation

Gladstone Commercial Corporation Fair Value Envelope

GOOD ยท NASDAQ

Our analysis suggests that GOOD has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $12.62, this represents a potential HIDDEN relative to our calculated worth for Gladstone Commercial Corporation.

Intrinsic Value
Current Price: $12.62

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$62.0B
+ Cash & Equivalents$10.8M
Firm Value$62.0B
- Debt$856.4M
Equity Value$61.2B
/ Shares Outstanding45,421,299B
DCF Value$1.3K
UNDERVALUED BY 10575%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$136.4M
$211.2M
$326.9M
$505.9M
$783.0M
$1.2B
$1.9B
$2.9B
$4.5B
$7.0B
Maintenance CapEx
-$6.5M
-$10.1M
-$15.6M
-$24.1M
-$37.3M
-$57.7M
-$89.3M
-$138.2M
-$213.9M
-$331.1M
Owner Earnings
$129.9M
$201.1M
$311.3M
$481.8M
$745.8M
$1.2B
$1.8B
$2.8B
$4.3B
$6.6B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$120.3M
$172.4M
$247.1M
$354.2M
$507.6M
$727.4M
$1.0B
$1.5B
$2.1B
$3.1B
Terminal Value represents 84.1% of Enterprise Value