Here is how Gladstone Commercial (GOOD) and Amerisafe (AMSF) have performed compared to their sector so far this year.
Gladstone Commercial Corporation (NASDAQ:GOOD ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants David Gladstone - Chairman and Chief Executive Officer Michael LiCalsi - General Counsel and Secretary Buzz Cooper - President Gary Gerson - Chief Financial Officer and Assistant Treasurer Conference Call Participants Gaurav Mehta - Alliance Global Partners Dave Storms - Stonegate Barry Oxford - Colliers Securities John Massocca - B. Riley Securities Operator Greetings and welcome to Gladstone Commercial Corporation Third Quarter 2024 Earnings Call.
Gladstone Commercial (GOOD) came out with quarterly funds from operations (FFO) of $0.38 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to FFO of $0.34 per share a year ago.
Please note that the limited information that follows in this press release is not adequate to make an informed investment judgment. MCLEAN, VA / ACCESSWIRE / November 4, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial" or the "Company") today reported financial results for the third quarter ended September 30, 2024.
MCLEAN, VA / ACCESSWIRE / November 1, 2024 / Gladstone Securities LLC, an affiliated broker-dealer of The Gladstone Companies that acts as dealer manager on alternative investment offerings for certain affiliated Gladstone funds, including Gladstone Capital Corporation (NASDAQ:GLAD), Gladstone Land Corporation (NASDAQ:LAND) and Gladstone Commercial Corporation (NASDAQ:GOOD), has hired Stephanie Conkright as a Director of National Accounts, primarily covering the Independent Broker Dealer channel. Stephanie will join Sean Boyd (Director of National Accounts) as he transitions to primarily developing and covering the RIA channel.
MCLEAN, VA / ACCESSWIRE / October 31, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) announces the following event: What: Gladstone Commercial Corporation's Third Quarter Ended September 30, 2024 Earnings Call & Webcast When: Tuesday, November 5, 2024 @ 8:30 a.m. ET Website: Click Here How: By webcast -- Log on to the web at the address above By phone -- Please call (866) 424-3437 Contact: Gladstone Commercial Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through November 12, 2024.
The latest trading day saw Gladstone Commercial (GOOD) settling at $16.01, representing a +0.38% change from its previous close.
Gladstone Commercial's high dividend yield of 7.3% and monthly payouts offer consistent income and are supported by earnings. The portfolio's strength lies in its diverse properties and high occupancy rate, though office property exposure and non-investment grade tenants pose risks. Financials are strained by high interest rates and office property exposure, but a shift toward industrial properties and potential rate cuts could improve the outlook.
Gladstone Commercial (GOOD) reachead $16.30 at the closing of the latest trading day, reflecting a -0.73% change compared to its last close.
Gladstone Commercial (GOOD) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The latest trading day saw Gladstone Commercial (GOOD) settling at $16.51, representing a +0.64% change from its previous close.
In the most recent trading session, Gladstone Commercial (GOOD) closed at $16.40, indicating a -0.61% shift from the previous trading day.