Gladstone Commercial (GOOD) to Release Earnings on Tuesday

Gladstone Commercial (NASDAQ:GOOD) is projected to release its earnings data after the market closes on Tuesday, February 18th. Analysts expect Gladstone Commercial to post earnings of $0.11 per share and revenue of $38.04 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Gladstone Commercial Price Performance

Shares of GOOD opened at $16.21 on Friday. The stock has a market cap of $711.94 million, a PE ratio of 81.05, a price-to-earnings-growth ratio of 1.88 and a beta of 1.25. The company has a debt-to-equity ratio of 4.10, a quick ratio of 3.54 and a current ratio of 3.54. Gladstone Commercial has a fifty-two week low of $11.89 and a fifty-two week high of $17.88. The firm’s 50-day simple moving average is $16.23 and its two-hundred day simple moving average is $16.06.

Gladstone Commercial Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, January 31st. Shareholders of record on Monday, January 27th were issued a $0.10 dividend. This represents a yield of 7.48%. The ex-dividend date was Friday, January 24th. Gladstone Commercial’s dividend payout ratio (DPR) is presently 600.00%.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Gladstone Commercial from a “buy” rating to a “hold” rating in a research report on Wednesday, December 18th.

Gladstone Commercial 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. Including payments through January 2024, Gladstone Commercial has paid 229 consecutive monthly cash distributions on its common stock.