Gladstone Commercial Corporation

Company Profile

Gladstone Commercial Corporation had its IPO on 2003-08-14 under the ticker symbol GOOD.

The company operates in the Real Estate sector and REIT-Diversified industry. Gladstone Commercial Corporation has a staff strength of 0 employees.

Stock update

Shares of Gladstone Commercial Corporation opened at $13.35 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $13.03 - $13.37, and closed at $13.21.

This is a -1.2% slip from the previous day's closing price.

A total volume of 246,660 shares were traded at the close of the day’s session.

In the last one week, shares of Gladstone Commercial Corporation have increased by +0.46%.

Gladstone Commercial Corporation's Key Ratios

Gladstone Commercial Corporation has a market cap of $544.37 million, indicating a price to book ratio of 3.6105 and a price to sales ratio of 5.2626.

In the last 12-months Gladstone Commercial Corporation’s revenue was $152.26 million with a gross profit of $115.82 million and an EBITDA of $103.51 million. The EBITDA ratio measures Gladstone Commercial Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Gladstone Commercial Corporation’s operating margin was 30.9% while its return on assets stood at 2.48% with a return of equity of 0.75%.

In Q2, Gladstone Commercial Corporation’s quarterly earnings growth was a positive 0% while revenue growth was a positive 6.2%.

Gladstone Commercial Corporation’s PE and PEG Ratio

Forward PE

303.0303

Trailing PE

0

PEG

-62.67

Its diluted EPS in the last 12-months stands at $-0.25 per share while it has a forward price to earnings multiple of 303.0303 and a PEG multiple of -62.67. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Gladstone Commercial Corporation’s profitability.

Gladstone Commercial Corporation stock is trading at a EV to sales ratio of 11.4348 and a EV to EBITDA ratio of 16.7752. Its price to sales ratio in the trailing 12-months stood at 5.2626.

Gladstone Commercial Corporation stock pays annual dividends of $1.352 per share, indicating a yield of 9.04% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.18 billion

Total Liabilities

$53.49 million

Operating Cash Flow

$-7598000.00

Capital Expenditure

$9.38 million

Dividend Payout Ratio

0%

Gladstone Commercial Corporation ended 2024 with $1.18 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.18 billion while shareholder equity stood at $352.24 million.

Gladstone Commercial Corporation ended 2024 with $0 in deferred long-term liabilities, $53.49 million in other current liabilities, 40000.00 in common stock, $-560719000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $16.49 million and cash and short-term investments were $16.49 million. The company’s total short-term debt was $38,450,000 while long-term debt stood at $715.28 million.

Gladstone Commercial Corporation’s total current assets stands at $105.82 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $40.04 million compared to accounts payable of $11.48 million and inventory worth $0.

In 2024, Gladstone Commercial Corporation's operating cash flow was $-7598000.00 while its capital expenditure stood at $9.38 million.

Comparatively, Gladstone Commercial Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$13.21

52-Week High

$18.818

52-Week Low

$10.4984

Analyst Target Price

$13.83

Gladstone Commercial Corporation stock is currently trading at $13.21 per share. It touched a 52-week high of $18.818 and a 52-week low of $18.818. Analysts tracking the stock have a 12-month average target price of $13.83.

Its 50-day moving average was $13.13 and 200-day moving average was $13.66 The short ratio stood at 8.35 indicating a short percent outstanding of 0%.

Around 146.2% of the company’s stock are held by insiders while 4910.7% are held by institutions.