B. Riley Forecasts Reduced Earnings for Gladstone Commercial

Gladstone Commercial Co. (NASDAQ:GOOD) – B. Riley dropped their Q1 2025 earnings estimates for shares of Gladstone Commercial in a report released on Tuesday, February 25th. B. Riley analyst J. Massocca now anticipates that the real estate investment trust will post earnings of $0.35 per share for the quarter, down from their previous estimate of $0.36. The consensus estimate for Gladstone Commercial’s current full-year earnings is $1.45 per share.

Separately, StockNews.com cut shares of Gladstone Commercial from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th.

Gladstone Commercial Stock Up 2.8 %

Shares of NASDAQ GOOD opened at $16.17 on Wednesday. Gladstone Commercial has a 52-week low of $11.89 and a 52-week high of $17.88. The firm has a fifty day moving average of $16.11 and a 200-day moving average of $16.13. The stock has a market capitalization of $714.60 million, a PE ratio of 62.19, a P/E/G ratio of 1.82 and a beta of 1.25. The company has a quick ratio of 3.54, a current ratio of 5.68 and a debt-to-equity ratio of 4.05.

Gladstone Commercial (NASDAQ:GOOD) last released its earnings results on Tuesday, February 18th. The real estate investment trust reported $0.35 EPS for the quarter, topping the consensus estimate of $0.11 by $0.24. The firm had revenue of $37.38 million during the quarter, compared to analysts’ expectations of $38.04 million. Gladstone Commercial had a net margin of 16.09% and a return on equity of 15.16%.

Institutional Trading of Gladstone Commercial

Institutional investors have recently made changes to their positions in the stock. Lazard Asset Management LLC purchased a new stake in Gladstone Commercial during the 4th quarter worth $42,000. Newbridge Financial Services Group Inc. purchased a new stake in Gladstone Commercial during the 4th quarter worth $43,000. Quarry LP purchased a new stake in Gladstone Commercial during the 4th quarter worth $48,000. Ameriflex Group Inc. purchased a new stake in Gladstone Commercial during the 4th quarter worth $97,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in Gladstone Commercial during the 4th quarter worth $112,000. 45.51% of the stock is owned by hedge funds and other institutional investors.

Gladstone Commercial Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 31st. Stockholders of record on Monday, January 27th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, January 24th. This represents a dividend yield of 7.48%. Gladstone Commercial’s dividend payout ratio is presently 461.54%.

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.