Gladstone Comml GOOD

$9.97 +0.12 (1.22%)

Valuation

Market cap
478,513,000
Revenue TTM
$161,340,000
Net income TTM
$19,290,000
P/E (trailing)
6.98
P/E (forward)
7.13
Profit margin
11.96%
Debt to equity
5.82

Trading

Volume
907,600
Avg volume
567,800
Day's range
$9.69 – $9.99
Shares out
48,580,000
Stochastic %K
15%
Beta
1.09
Analysts
Moderate Buy
Price target
$13.00

Price

Company profile

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. Gladstone Commercial Corporation was established on February 14, 2003 and incorporated in Maryland and is based in McLean, Virginia.

Industry
REIT - Diversified
Sector
Real Estate
Phone
703 287 5800
Website
https://www.gladstonecommercial.com
Address
1521 Westbranch Drive, Suite 100, McLean, United States

Latest news

Stocktwits

A_Doggo Nov 13, 3:02 PM
$GOOD This is what happens when they business openly plans to use ATM offerings to pay off debt. They need to sell assets, not use shareholders as a get out of jail free card. If they sell, their AUM goes down, and for that reason they won't. (less management fees). The market is saying "We will not absorb your dilution at these prices because the dilution is non-accretive." They are issuing shares at 12% plus dividend yield (they pay 12%+)....and targeting property that yields 7.5% -> 9.5%. NEGATIVE ARBITRAGE SPREAD. That's robbing peter to pay paul, and the end result is a dividend cut of massive proportions if they do issue ATM. The issue of shares at these prices; permanently restructures this company as a much lower price stock. ...and don't for a second buy into the 'aww shucks' routine they tried in the most recent earnings report. "Oh, I didn't know this property we bought was in this place we bought it" - SURE PAL.
0 replies
openmarketalerts Nov 13, 2:29 PM
Cluster buys filed Thu, Nov 12 $EGBN Eagle Bancorp — 2 insiders bought $199K (Nov 10) $ENOV Enovis — 2 insiders bought $150K (Nov 6–11) $FIP Ftai Infrastructure — 2 insiders bought $1.5M (Nov 10) $GOOD Gladstone Commercial — 3 insiders bought $189K (Nov 6–9) $DTI Drilling Tools International — 4 insiders bought $283K (Nov 9–11) Open-market purchases from SEC filings. No stock grants, no option exercises, no pre-scheduled 10b5-1 plan trades.
0 replies
MJ74 Nov 10, 8:52 PM
$GOOD damn are we going below$10 ?
1 replies
CEOBuysDisclosures Nov 9, 9:45 PM
$GOOD CEO purchased 9,853 shares at $10.15 for a total of $99,997. Cooper Arthur S. now owns 46,893 shares. https://ceo-buys.com
0 replies
RichboyZan Nov 9, 11:54 AM
$GOOD I’m watching for the moment things start making more sense
0 replies
Ruey Nov 7, 1:37 PM
$GOOD appreciate a company that gives people something specific to measure its progress against
0 replies
A_Doggo Nov 6, 1:55 PM
$GOOD An analyst on call gently prodded management and says 'Would you be willing to sell a property' and they beat around the bush quite a bit, and then went on to say they are also looking at ATM offerings for funding their debt. They are considerin taking out ATM share offering debt, paying 12%+ dividends, to fund 7.5% yield asset (which rise to 9.5% over about a decade). That's a negative arbitrage spread. Why neg arbitrage spread? They've decided to use shareholders as a piggy bank and will pay less dividend in future, or they are actually retarded. Look at the transcript. Rob Stevenson (Analyst) "...heading into year-end, is there an opportunity...(to).. sell some of the non-core assets here in fourth quarter....?" Buzz Cooper "Certainly...(but actually)...We don’t have anything at the moment...there’s nothing I can tell you today that we’re looking to flip out before the end of the year." The analysts are basically saying "Hey, SELL THE PROPERTY" when they ask that.
2 replies
A_Doggo Nov 5, 3:04 PM
$GOOD They refuse to cut off the limb that has cancer. $0 stock.
0 replies