STOCK TITAN

Gladstone Commercial Corporation - REIT - GOOD STOCK NEWS

Welcome to our dedicated page for Gladstone Commercial Corporation - REIT news (Ticker: GOOD), a resource for investors and traders seeking the latest updates and insights on Gladstone Commercial Corporation - REIT stock.

Gladstone Commercial Corporation (NASDAQ: GOOD) is a publicly traded real estate investment trust (REIT) focusing on single-tenant and anchored multi-tenant net leased industrial, office, and, to a lesser extent, medical properties across the United States. Known for its strategic investments, Gladstone Commercial also collaborates with developers on build-to-suit projects where tenants require new buildings. The company's robust portfolio includes properties with strong tenants of varying sizes, emphasizing a track record of superior credit underwriting of middle-market businesses.

Under the guidance of David Gladstone, the senior management team brings over 200 years of combined experience in real estate and middle-market business investments. Gladstone Commercial targets high-growth primary and secondary markets with favorable economic trends, diversified industries, growing populations, and strong employment rates. The company's strategic approach has resulted in consistent occupancy rates above 96%, signifying a stable and reliable income stream for investors.

Recent achievements include the successful management and occupancy of 135 properties in 27 states, totaling approximately 17.2 million square feet as of the latest reports. The company has also maintained a remarkable history of paying continuous monthly cash distributions for over a decade, reinforcing its reputation for financial stability and investor trust.

As part of its financial strategies, Gladstone Commercial offers a dividend reinvestment plan (DRIP) to its common and Series F preferred stockholders, providing a flexible investment option for shareholders. The company publicly reports its quarterly earnings, the latest being scheduled for discussion on an earnings call on May 7, 2024, following the first quarter results for the fiscal year 2024.

The company's focus on industrial and office properties ensures a diversified and resilient investment portfolio. Despite global economic uncertainties, Gladstone Commercial remains confident in the depth of its tenant credit underwriting and operational strategies. For more detailed financial performance and investor relations information, please visit their official website at www.gladstonecommercial.com.

Rhea-AI Summary

Gladstone Commercial (Nasdaq: GOOD) announces its First Quarter Ended March 31, 2024 Earnings Call & Webcast on May 7, 2024. The company is a real estate investment trust focusing on net leased industrial and office properties in the US.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
-
Rhea-AI Summary
Gladstone Commercial (GOOD) announces cash distributions for April, May, and June 2024, along with plans to report Q1 earnings. The company declares dividends for common stock, senior common stock, preferred stocks, and offers a DRIP. Earnings report scheduled for May 6, 2024, with a conference call on May 7, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.98%
Tags
-
Rhea-AI Summary
Stonegate Capital Partners updates coverage on Gladstone Commercial Corp. (GOOD) with strong fundamentals, high occupancy levels, industrial property diversification, and 100% rent collection in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.67%
Tags
Rhea-AI Summary
Gladstone Commercial Corporation (GOOD) reported financial results for Q4 and FY 2023, showing a 10.1% increase in FFO for Q4 and a 3.1% decrease for FY 2023. Core FFO also increased for Q4 but decreased for FY 2023. The company acquired properties, sold non-core assets, and maintained high occupancy rates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
-
Rhea-AI Summary
Gladstone Commercial Corporation (GOOD) announces Fourth Quarter 2023 Earnings Call & Webcast on February 22, 2024. The company is a REIT focused on net leased industrial and office properties in the US.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.36%
Tags
-
Rhea-AI Summary
Gladstone Commercial Corporation (Nasdaq:GOOD) reported a successful year of investing, leasing, and disposition activity in the net lease space. The company completed $29.5 million in new acquisitions across five properties, increased industrial concentration to 60% of annualized straight-line rent, entered into 1,428,830 square feet of leases resulting in a more than $1.2 million net increase in same-store GAAP rent, and raised substantial liquidity for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
Tags
none
Rhea-AI Summary
Gladstone Commercial Corporation (NASDAQ:GOOD) declared cash distributions for January, February, and March 2024 and announced its plan to report earnings for the fourth quarter ended December 31, 2023. The company is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.53%
Tags
-
Rhea-AI Summary
Gladstone Commercial Corporation (Nasdaq:GOOD) is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. In Q4 2023, they achieved 100% cash base rent collection, with a portfolio occupancy of 96.8%. The company made strategic property acquisitions and lease extensions, maintaining a strong capital structure and ample liquidity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.3%
Tags
none
-
Rhea-AI Summary
Gladstone Commercial Corp. (NASDAQ: GOOD) updates on strong fundamentals, 96.6% occupancy, 59% industrial properties, and $43.8M debt repayments in 3Q23.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.24%
Tags
Rhea-AI Summary
Gladstone Commercial Corporation recently acquired a 67,709 square foot industrial manufacturing facility in Indianapolis, Indiana. The property was acquired in a long-term sale leaseback transaction with a 20-year absolute NNN lease. The property is 100% leased to Systec Corporation with a parent guarantee from Inspire Automation. The acquisition is consistent with Gladstone Commercial's growth strategy of acquiring functional assets leased to credit-worthy tenants in strong industrial markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.35%
Tags

FAQ

What is the current stock price of Gladstone Commercial Corporation - REIT (GOOD)?

The current stock price of Gladstone Commercial Corporation - REIT (GOOD) is $17.09 as of November 22, 2024.

What is the market cap of Gladstone Commercial Corporation - REIT (GOOD)?

The market cap of Gladstone Commercial Corporation - REIT (GOOD) is approximately 745.1M.

What is Gladstone Commercial Corporation?

Gladstone Commercial Corporation (NASDAQ: GOOD) is a publicly traded real estate investment trust (REIT) that focuses on acquiring, owning, and operating net leased industrial, office, and medical properties across the United States.

What types of properties does Gladstone Commercial invest in?

Gladstone Commercial invests in single-tenant and anchored multi-tenant net leased industrial, office, and medical properties. They also engage in build-to-suit projects with developers.

How long has Gladstone Commercial been paying monthly cash distributions?

Gladstone Commercial has been paying continuous monthly cash distributions for over 10 years, demonstrating its commitment to providing stable returns to its investors.

What is the occupancy rate of Gladstone Commercial's properties?

Gladstone Commercial maintains a high occupancy rate, consistently above 96%, signifying the reliability and stability of its rental income.

What markets does Gladstone Commercial target for its investments?

The company targets primary and secondary growth markets with favorable economic trends, diversified industries, growing populations, and strong employment rates.

Who manages Gladstone Commercial Corporation?

Gladstone Commercial is managed under the leadership of David Gladstone, with a senior management team that has over 200 years of combined experience in real estate and middle-market business investments.

Does Gladstone Commercial offer a dividend reinvestment plan?

Yes, Gladstone Commercial offers a dividend reinvestment plan (DRIP) to its common and Series F preferred stockholders, allowing them to reinvest their dividends.

When will Gladstone Commercial report its next quarterly earnings?

Gladstone Commercial plans to report its earnings for the first quarter ended March 31, 2024, after the stock market closes on May 6, 2024. A conference call to discuss the results will be held on May 7, 2024.

How can I get more information about Gladstone Commercial's financial performance?

For detailed financial performance and investor relations information, visit Gladstone Commercial's official website at www.gladstonecommercial.com.

What is the primary focus of Gladstone Commercial's investments?

Gladstone Commercial primarily focuses on investing in industrial properties and actively managing its portfolio to ensure stability and growth in its target markets.

Gladstone Commercial Corporation - REIT

Nasdaq:GOOD

GOOD Rankings

GOOD Stock Data

745.09M
43.33M
1.35%
46.07%
1.48%
REIT - Diversified
Lessors of Real Property, Nec
Link
United States of America
MCLEAN