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

Gladstone Commercial (NASDAQ:GOOD) is anticipated to announce 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. Individual that wish to register for the company’s earnings conference call can do so using this link.

Gladstone Commercial Stock Performance

NASDAQ GOOD opened at $16.14 on Tuesday. The business has a 50-day moving average price of $16.34 and a 200-day moving average price of $16.02. The firm has a market cap 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. Gladstone Commercial has a twelve month low of $11.89 and a twelve month high of $17.88. The company has a quick ratio of 3.54, a current ratio of 3.54 and a debt-to-equity ratio of 4.10.

Gladstone Commercial Dividend Announcement

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

Analyst Ratings Changes

Separately, StockNews.com lowered shares of 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.