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Gladstone Commercial Corporation GOOD
Real Estate - REIT - Diversified - NASDAQ - US
Watchlist
$ 14.11
-0.423 %
$ 646 M
Market Cap
52.26
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one GOOD stock under the worst case scenario is HIDDEN Compared to the current market price of 14.1 USD, Gladstone Commercial Corporation is HIDDEN

GOOD Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one GOOD stock under the base case scenario is HIDDEN Compared to the current market price of 14.1 USD, Gladstone Commercial Corporation is HIDDEN

GOOD Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one GOOD stock under the best case scenario is HIDDEN Compared to the current market price of 14.1 USD, Gladstone Commercial Corporation is HIDDEN

GOOD Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart GOOD

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1M -6%
6M -9%
1Y 12%
3Y -18%
5Y 29.0%
All
$17.5$17.5$17.0$17.0$16.5$16.5$16.0$16.0$15.5$15.5$15.0$15.0$14.5$14.5$14.0$14.0$13.5$13.5$13.0$13.0Nov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 Apr
FINANCIALS
149 M REVENUE
1.22%
Growth Rates
1Year 1.22%
3Years 2.76%
5Years 5.48%
7Years 6.71%
10Years 7.31%
51.1 M OPERATING INCOME
0.71%
Growth Rates
1Year 0.71%
3Years 10.65%
5Years 6.87%
7Years 6.32%
10Years 4.79%
24 M NET INCOME
382.25%
Growth Rates
1Year 382.25%
3Years 35.17%
5Years 20.30%
7Years 22.11%
10Years 19.77%
57 M OPERATING CASH FLOW
-5.66%
Growth Rates
1Year -5.66%
3Years -6.70%
5Years -1.10%
7Years 2.83%
10Years 7.28%
-1.73 M INVESTING CASH FLOW
-151.76%
Growth Rates
1Year -151.76%
3Years 73.69%
5Years 57.99%
7Years 43.94%
10Years 35.11%
-56.3 M FINANCING CASH FLOW
8.27%
Growth Rates
1Year 8.27%
3Years -53.09%
5Years -11.95%
7Years -10.68%
10Years -4.48%
37.4 M REVENUE
-4.74%
Growth Rates
1Year 1.22%
3Years 2.76%
5Years 5.48%
7Years 6.71%
10Years 7.31%
13.3 M OPERATING INCOME
-10.13%
Growth Rates
1Year 0.71%
3Years 10.65%
5Years 6.87%
7Years 6.32%
10Years 4.79%
7.2 M NET INCOME
-37.80%
Growth Rates
1Year 382.25%
3Years 35.17%
5Years 20.30%
7Years 22.11%
10Years 19.77%
22.8 M OPERATING CASH FLOW
311.32%
Growth Rates
1Year -5.66%
3Years -6.70%
5Years -1.10%
7Years 2.83%
10Years 7.28%
-10.4 M INVESTING CASH FLOW
-366.13%
Growth Rates
1Year -151.76%
3Years 73.69%
5Years 57.99%
7Years 43.94%
10Years 35.11%
-11.9 M FINANCING CASH FLOW
-43.02%
Growth Rates
1Year 8.27%
3Years -53.09%
5Years -11.95%
7Years -10.68%
10Years -4.48%
Balance Sheet Gladstone Commercial Corporation
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Current Assets 43.4 M
Cash & Short-Term Investments 11 M
Receivables 18.6 M
Other Current Assets 13.8 M
Non-Current Assets 99.1 M
Long-Term Investments 0
PP&E 3.96 M
Other Non-Current Assets 95.1 M
7.69 %13.07 %9.72 %2.78 %66.75 %Total Assets$142.5m
Current Liabilities 348 M
Accounts Payable 13.2 M
Short-Term Debt 348 M
Other Current Liabilities -13.2 M
Non-Current Liabilities 405 M
Long-Term Debt 4.06 M
Other Non-Current Liabilities 401 M
46.16 %53.30 %Total Liabilities$753.0m
EFFICIENCY
Earnings Waterfall Gladstone Commercial Corporation
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Revenue 149 M
Cost Of Revenue 31.5 M
Gross Profit 118 M
Operating Expenses 66.7 M
Operating Income 51.1 M
Other Expenses 27.1 M
Net Income 24 M
160m160m140m140m120m120m100m100m80m80m60m60m40m40m20m20m00149m(32m)118m(67m)51m(27m)24mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
78.89% GROSS MARGIN
78.89%
Averages
1Year 78.89%
3Years 79.68%
5Years 79.97%
7Years 82.58%
10Years 85.68%
34.23% OPERATING MARGIN
34.23%
Averages
1Year 34.23%
3Years 32.67%
5Years 30.69%
7Years 31.27%
10Years 33.30%
7.47% NET MARGIN
7.47%
Averages
1Year 7.47%
3Years -1.57%
5Years -5.69%
7Years -4.83%
10Years -1.87%
6.57% ROE
6.57%
Averages
1Year 6.57%
3Years -0.65%
5Years -3.52%
7Years -3.14%
10Years -1.66%
1.02% ROA
1.02%
Averages
1Year 1.02%
3Years -0.16%
5Years -0.67%
7Years -0.56%
10Years -0.23%
16.67% ROIC
16.67%
Averages
1Year 16.67%
3Years 4.04%
5Years 0.56%
7Years -0.23%
10Years -5.77%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Gladstone Commercial Corporation
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80m80m60m60m40m40m20m20m00(20m)(20m)(40m)(40m)(60m)(60m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 24 M
Depreciation & Amortization 49 M
Capital Expenditures 0
Stock-Based Compensation 0
Change in Working Capital -5.3 M
Others -16 M
Free Cash Flow 57 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Gladstone Commercial Corporation
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GOOD has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
2.40% DIVIDEND YIELD
0.1 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
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5. COMPETITION
slide 2 of 5
6. Ownership
Insider Ownership Gladstone Commercial Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
2.73 K USD 1
0-3 MONTHS
3.01 K USD 1
3-6 MONTHS
9.5 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Gladstone Commercial Corporation (GOOD) is Attracting Investor Attention: Here is What You Should Know Recently, Zacks.com users have been paying close attention to Gladstone Commercial (GOOD). This makes it worthwhile to examine what the stock has in store. zacks.com - 2 weeks ago
Gladstone Commercial: A Great 9% Yielding Industrial REIT To Buy Gladstone Commercial's strategic shift towards industrial real estate, driven by eCommerce growth, has increased industrial assets to 63% of its portfolio income by December 2024. Despite having the highest dividend payout ratio among peers, Gladstone Commercial's $0.30 per share quarterly dividend is well-covered and supported by stable core funds from operations. The REIT's low FFO multiple of 9.6x makes it a bargain compared to peers, with an implied intrinsic value between $14.00 and $15.40. seekingalpha.com - 2 weeks ago
Gladstone Commercial (GOOD) Rises Higher Than Market: Key Facts Gladstone Commercial (GOOD) closed the most recent trading day at $13.69, moving +1.94% from the previous trading session. zacks.com - 2 weeks ago
Gladstone Commercial: Industrial Properties And Monthly Dividends Gladstone Commercial's year-to-date pullback has seen its dividend yield swell to 8.8%. The REIT is covering this by 117% using fiscal 2024 fourth quarter FFO. Macro uncertainty is driving a spike in long-term U.S. Treasury yields. This might mean more downside for the preferreds. seekingalpha.com - 3 weeks ago
Gladstone Commercial Corporation Announces Monthly Cash Distributions for April, May and June 2025 and Earnings Release and Conference Call Dates for its First Quarter Ended March 31, 2025 MCLEAN, VA / ACCESS Newswire / April 8, 2025 / Gladstone Commercial Corporation (NASDAQ:GOOD) (the "Company") announced today that its board of directors declared cash distributions for the months of April, May and June 2025 and also announced its plan to report earnings for the first quarter ended March 31, 2025. Cash Distributions: Common Stock: $0.10 cash distribution per common share for each of April, May and June 2025, payable per Table 1 below. accessnewswire.com - 3 weeks ago
Mousetraps: 9 High-Yield REITS With Potentially Unsafe Dividends The recent sell-off has increased the temptation to reach for some of the many high-yield REITs, but beware of "mousetrap" REITs with unsustainable dividends. Dividend safety is crucial; a cut can lead to plummeting share prices and reduced income, leaving investors with significant losses. Seeking Alpha Premium's Dividend Safety score helps identify risky REITs; grades range from A+ (safe) to F (high risk of cuts). seekingalpha.com - 3 weeks ago
Gladstone Commercial (GOOD) Stock Drops Despite Market Gains: Important Facts to Note In the latest trading session, Gladstone Commercial (GOOD) closed at $15.06, marking a -0.07% move from the previous day. zacks.com - 1 month ago
Why You Should Keep A Hold On Gladstone Commercial Corporation Gladstone Commercial Corporation is a net-lease REIT focused on industrial and office properties with a high occupancy rate of 98.7% and consistent monthly dividends. Despite a 12.6% annual growth in net income over five years, Gladstone struggles with sustained profitability and faces significant financial leverage risks. The company is shifting towards single-tenant industrial properties to capitalize on strong demand, but its high debt-to-equity ratio and risky dividends are concerning. seekingalpha.com - 1 month ago
Gladstone Commercial Boosts Portfolio With Dallas/Fort Worth Asset As part of its efforts to expand in strong industrial locations, GOOD acquires a food processing facility in the Dallas/Fort Worth area. zacks.com - 1 month ago
Gladstone Commercial (GOOD) Rises But Trails Market: What Investors Should Know Gladstone Commercial (GOOD) reachead $14.98 at the closing of the latest trading day, reflecting a +0.54% change compared to its last close. zacks.com - 1 month ago
Gladstone Commercial Announces Industrial Acquisition in Dallas/Fort Worth (D/FW) International Airport MCLEAN, VA / ACCESS Newswire / March 31, 2025 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") is pleased to announce the acquisition of a newly constructed, 140,304 square-foot, Class A USDA food processing facility. This state-of-the-art facility, purchased for $44,000,000, features advanced cold storage capabilities and has been secured at a weighted average GAAP capitalization rate of 8.44%. accessnewswire.com - 1 month ago
Gladstone Commercial (GOOD) Advances But Underperforms Market: Key Facts Gladstone Commercial (GOOD) reachead $14.90 at the closing of the latest trading day, reflecting a +1.15% change compared to its last close. zacks.com - 1 month ago
8. Profile Summary

Gladstone Commercial Corporation GOOD

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COUNTRY US
INDUSTRY REIT - Diversified
MARKET CAP $ 646 M
Dividend Yield 2.40%
Description 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.
Contact 1521 Westbranch Drive, McLean, VA, 22102 https://www.gladstonecommercial.com
IPO Date Aug. 14, 2003
Employees 69
Officers Mr. Arthur S. Cooper President Mr. Jay Beckhorn CPA, CPA Treasurer Mr. Ryan Carter CPA Executive Vice President and Head of West & Midwest Region Mr. Todd Alan McDonald Senior Vice President & Head of South Central Region Mr. Gary Gerson CFA Chief Financial Officer & Assistant Treasurer Ms. Paula Novara Head of Resource Management & Director Mr. Michael Bernard LiCalsi Esq., J.D. General Counsel & Secretary Mr. John Anthony Dellafiora Jr., CPA Chief Compliance Officer Mr. David John Gladstone Founder, Chairman & Chief Executive Officer