Gladstone Commercial (GOOD) Expected to Announce Quarterly Earnings on Tuesday

Gladstone Commercial (NASDAQ:GOOD) is expected to be announcing its earnings results after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.11 per share and revenue of $38.04 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Gladstone Commercial Stock Performance

Shares of NASDAQ GOOD opened at $16.14 on Tuesday. The company has a current ratio of 3.54, a quick ratio of 3.54 and a debt-to-equity ratio of 4.10. Gladstone Commercial has a 12-month low of $11.89 and a 12-month high of $17.88. The firm has a market capitalization of $708.87 million, a price-to-earnings ratio of 80.70, a price-to-earnings-growth ratio of 1.88 and a beta of 1.25. The firm has a 50 day moving average of $16.34 and a 200 day moving average of $16.02.

Gladstone Commercial Announces Dividend

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

Analysts Set New Price Targets

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

About Gladstone Commercial

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.