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Gladstone Commercial Corp  (GOOD)
Other Ticker:  
 
    Sector  Services    Industry Real Estate Operations
   Industry Real Estate Operations
   Sector  Services
 
Price: $13.2600 $0.17 1.299%
Day's High: $13.36 Week Perf: -0.6 %
Day's Low: $ 13.05 30 Day Perf: 3.84 %
Volume (M): 249 52 Wk High: $ 14.14
Volume (M$): $ 3,304 52 Wk Avg: $12.61
Open: $13.12 52 Wk Low: $10.84



 Market Capitalization (Millions $) 540
 Shares Outstanding (Millions) 41
 Employees 51
 Revenues (TTM) (Millions $) 148
 Net Income (TTM) (Millions $) 5
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Gladstone Commercial Corp
Gladstone Commercial Corp is a publicly traded real estate investment trust (REIT) that specializes in acquiring and owning net leased industrial and office properties across the United States. The company was founded in 2003 and is headquartered in McLean, Virginia.

Gladstone Commercial Corp's primary focus is on acquiring properties through sale-leaseback transactions with tenants, which provides stable long-term cash flow from reliable tenants. The company also seeks out value-add investments that have the potential for significant appreciation in the future. Gladstone Commercial Corp's tenants are typically large corporations with strong financials and a long-term commitment to the property.

As of June 30, 2021, Gladstone Commercial Corp had a real estate portfolio of 123 properties spanning over 28.3 million square feet with a total value of approximately $2.8 billion. This portfolio consists of industrial properties (52%), office properties (41%), and specialty retail properties (7%), with a weighted average lease term of approximately 8.3 years. About 97% of the properties are leased.

Gladstone Commercial Corp has a credit rating of BBB- from Standard & Poor's and Baa3 from Moody's. The company has a conservative balance sheet with low leverage, high liquidity, and no significant near-term debt maturities. It also has a strong dividend history, having paid consecutive monthly dividends since its initial public offering in 2003.

In terms of investment strategy, Gladstone Commercial Corp aims to continue growing and diversifying its portfolio while maintaining financial discipline and a conservative balance sheet. The company's primary growth driver is through acquisitions, where it seeks to acquire properties with durable cash flows and value-add potential.

Overall, Gladstone Commercial Corp is a well-regarded REIT that specializes in net-leased industrial and office properties. The company has a conservative balance sheet, a diversified portfolio, and a strong dividend history, making it an attractive investment for income-seeking investors.


   Company Address: 1521 Westbranch Drive, McLean, 22102 VA
   Company Phone Number: 287-5800   Stock Exchange / Ticker: NASDAQ GOOD
   


   

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Gladstone Commercial Corp

Despite Positive Earnings Growth, Gladstone Commercial Corp Faces Revenue Decline in Latest Financial Report

In the latest financial reporting period ending December 31, 2023, Gladstone Commercial Corp (GOOD) showed signs of a turnaround as they posted a positive earnings per share (EPS) of $0.05 compared to a loss of $0.03 per share a year ago. Net profits also saw a significant increase of 193.65% to $5.321 million, up from $1.812 million reported in the same period last year.
However, despite the positive EPS and increased net profits, the company did experience a decrease in revenue by -3.517% to $35.91 million from $37.22 million in the comparable period a year ago. Operating earnings also fell by -17.79% to $8.542 million, resulting in a decrease in operating margin to 23.79%.

Gladstone Commercial Corp

Gladstone Commercial Corp Faces Larger Yearly Shortfall as Orders Decline During Financial Period Ending September 30, 2023

Gladstone Commercial Corp (GOOD) faced a challenging third quarter of 2023 as lower demand resulted in a significant drop in revenue and expanded losses. As the company released its earnings report for the period, it was revealed that the company's revenue had dropped by 8.46% year-on-year, reaching $36.46 million. This decrease in revenue led to larger losses for the company, with earnings per share expanding to -$0.04.
Comparing the figures to the preceding quarter, Gladstone Commercial Corp's revenue in the third quarter was lower than the $38.66 million achieved in the previous period. Additionally, the bottom line for the company also deteriorated, with earnings per share reaching -$0.19 in the preceding quarter.
Moreover, the company's net profits decreased by 28.23% in the third quarter of 2023, falling from $2.497 million to $1.792 million compared to the corresponding period in the previous year. Despite this decline, Gladstone Commercial Corp managed to improve its operating margin, with operating income increasing to $6.877 million, representing an operating margin of 18.86%. However, the net margin contracted to 4.91%. The overall operating earnings reflected a positive trend, rising by an impressive 188.22% to reach $6.877 million.
Looking ahead, investors and stakeholders will eagerly anticipate Gladstone Commercial Corp's next financial report, which is scheduled to be released on February 21, 2024. This report will provide further insight into the recent numbers and the company's financial performance.

Gladstone Commercial Corp

Gladstone Commercial Corp Achieves Remarkable Revenue Growth by Capitalizing on Financial Opportunities Closing Jun 30 2023

Gladstone Commercial Corp's Second Quarter 2023 Earnings Season Sees Mixed Results
During the second quarter of the 2023 earnings season, Gladstone Commercial Corp experienced both positive and negative trends in their financial performance. While the company reported a deficit per share of $-0.19 compared to $-0.04 per share the previous year, there was a surge in revenue growth. These results have surprised many, as the rest of the real estate operations industries have faced a contraction in revenue.
The deficit per share has increased significantly from the previous year, indicating some challenges in Gladstone Commercial Corp's financial management. However, it is essential to note that the deficit per share for this quarter also increased from the previous period, which shows that the situation may have worsened.

Gladstone Commercial Corp

Gladstone Commercial Corp showcases resilience and growth amidst challenging market conditions, with positive signs reported in latest financial results

Gladstone Commercial Corp continues to show promising signs of growth and progress, as evidenced by the recent financial report for the fiscal period ending March 31, 2023. Despite a slight dip in net profits compared to the previous year, the company has demonstrated its ability to adapt to changing market conditions and focus on improving key performance metrics.
One of the most significant improvements for Gladstone Commercial Corp in the past year has been in its Income per Share, which increased from $-0.03 per share in the previous quarter to $-0.02 per share in the current fiscal period. This represents a positive trend for the company and suggests that its strategic initiatives are starting to bear fruit.






 

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