Wall Street analysts expect Gladstone Commercial Co. (NASDAQ:GOOD) to report earnings per share (EPS) of $0.39 for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Gladstone Commercial’s earnings. The lowest EPS estimate is $0.38 and the highest is $0.39. Gladstone Commercial reported earnings of $0.38 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 2.6%. The business is scheduled to report its next earnings report on Wednesday, February 21st.

On average, analysts expect that Gladstone Commercial will report full-year earnings of $1.53 per share for the current financial year, with EPS estimates ranging from $1.52 to $1.53. For the next fiscal year, analysts expect that the business will post earnings of $1.57 per share, with EPS estimates ranging from $1.43 to $1.69. Zacks’ EPS averages are an average based on a survey of analysts that cover Gladstone Commercial.

Several analysts have recently issued reports on GOOD shares. Janney Montgomery Scott started coverage on Gladstone Commercial in a report on Friday, September 8th. They set a “buy” rating on the stock. Zacks Investment Research raised Gladstone Commercial from a “hold” rating to a “buy” rating and set a $25.00 price objective on the stock in a research note on Wednesday, October 11th. ValuEngine lowered Gladstone Commercial from a “strong-buy” rating to a “buy” rating in a research note on Monday, November 20th. Ladenburg Thalmann Financial Services reaffirmed a “hold” rating on shares of Gladstone Commercial in a research note on Friday, December 1st. Finally, BidaskClub lowered Gladstone Commercial from a “hold” rating to a “sell” rating in a research note on Tuesday, December 5th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $22.67.

Hedge funds have recently made changes to their positions in the company. Prudential Financial Inc. raised its position in shares of Gladstone Commercial by 55.9% during the third quarter. Prudential Financial Inc. now owns 21,012 shares of the real estate investment trust’s stock worth $468,000 after acquiring an additional 7,530 shares during the last quarter. Citadel Advisors LLC raised its position in shares of Gladstone Commercial by 80.3% during the third quarter. Citadel Advisors LLC now owns 115,221 shares of the real estate investment trust’s stock worth $2,566,000 after acquiring an additional 51,328 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Gladstone Commercial by 3.4% during the second quarter. JPMorgan Chase & Co. now owns 153,600 shares of the real estate investment trust’s stock worth $3,346,000 after acquiring an additional 5,075 shares during the last quarter. Allianz Asset Management GmbH bought a new position in shares of Gladstone Commercial during the third quarter worth about $1,722,000. Finally, Vanguard Group Inc. raised its position in shares of Gladstone Commercial by 2.9% during the second quarter. Vanguard Group Inc. now owns 2,910,745 shares of the real estate investment trust’s stock worth $63,425,000 after acquiring an additional 81,609 shares during the last quarter. 52.78% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Gladstone Commercial (NASDAQ GOOD) opened at $20.39 on Friday. The stock has a market capitalization of $564.92, a price-to-earnings ratio of -509.75, a PEG ratio of 2.18 and a beta of 0.88. Gladstone Commercial has a 1-year low of $19.07 and a 1-year high of $23.35. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.78.

The company also recently declared a monthly dividend, which was paid on Friday, December 29th. Stockholders of record on Tuesday, December 19th were paid a dividend of $0.125 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 7.36%. The ex-dividend date was Monday, December 18th. Gladstone Commercial’s payout ratio is -3,750.00%.

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About Gladstone Commercial

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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