Gladstone Commercial Corporation (GOOD) Scheduled to Post Earnings on Tuesday
Gladstone Commercial Corporation (NASDAQ:GOOD) is scheduled to be releasing its earnings data after the market closes on Tuesday, October 31st. Analysts expect Gladstone Commercial Corporation to post earnings of $0.02 per share for the quarter.
Gladstone Commercial Corporation (NASDAQ GOOD) opened at 22.10 on Tuesday. The stock’s market cap is $610.89 million. Gladstone Commercial Corporation has a one year low of $16.02 and a one year high of $23.35. The stock has a 50 day moving average price of $22.15 and a 200-day moving average price of $21.50.
The business also recently declared a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Monday, November 20th will be given a $0.125 dividend. The ex-dividend date is Friday, November 17th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.79%. Gladstone Commercial Corporation’s dividend payout ratio (DPR) is presently -1,250.00%.
Several research analysts recently weighed in on GOOD shares. Zacks Investment Research upgraded Gladstone Commercial Corporation from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Wednesday, October 11th. Janney Montgomery Scott started coverage on Gladstone Commercial Corporation in a research report on Friday, September 8th. They issued a “buy” rating for the company. DA Davidson started coverage on Gladstone Commercial Corporation in a research report on Tuesday, July 25th. They issued a “buy” rating and a $24.00 price objective for the company. Canaccord Genuity started coverage on Gladstone Commercial Corporation in a research report on Tuesday, July 18th. They issued a “hold” rating and a $22.00 price objective for the company. Finally, BidaskClub lowered Gladstone Commercial Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, July 11th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $23.33.
About Gladstone Commercial Corporation
Gladstone Commercial Corporation is a real estate investment trust. The Company focuses on acquiring, owning and managing primarily office and industrial properties. The Company also makes long-term industrial and commercial mortgage loans. As of February 15, 2017, the Company owned 95 properties totaling 10.9 million square feet in 24 states.
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