Gladstone Commercial Corporation (GOOD)
Gladstone Commercial: A Great 9% Yielding Industrial REIT To Buy
Gladstone Commercial's strategic shift towards industrial real estate, driven by eCommerce growth, has increased industrial assets to 63% of its portfolio income by December 2024. Despite having the highest dividend payout ratio among peers, Gladstone Commercial's $0.30 per share quarterly dividend is well-covered and supported by stable core funds from operations. The REIT's low FFO multiple of 9.6x makes it a bargain compared to peers, with an implied intrinsic value between $14.00 and $15.40.
Gladstone Commercial (GOOD) Rises Higher Than Market: Key Facts
Gladstone Commercial (GOOD) closed the most recent trading day at $13.69, moving +1.94% from the previous trading session.
Gladstone Commercial: Industrial Properties And Monthly Dividends
Gladstone Commercial's year-to-date pullback has seen its dividend yield swell to 8.8%. The REIT is covering this by 117% using fiscal 2024 fourth quarter FFO. Macro uncertainty is driving a spike in long-term U.S. Treasury yields. This might mean more downside for the preferreds.
Gladstone Commercial (GOOD) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, Gladstone Commercial (GOOD) closed at $15.06, marking a -0.07% move from the previous day.
Why You Should Keep A Hold On Gladstone Commercial Corporation
Gladstone Commercial Corporation is a net-lease REIT focused on industrial and office properties with a high occupancy rate of 98.7% and consistent monthly dividends. Despite a 12.6% annual growth in net income over five years, Gladstone struggles with sustained profitability and faces significant financial leverage risks. The company is shifting towards single-tenant industrial properties to capitalize on strong demand, but its high debt-to-equity ratio and risky dividends are concerning.
Gladstone Commercial Boosts Portfolio With Dallas/Fort Worth Asset
As part of its efforts to expand in strong industrial locations, GOOD acquires a food processing facility in the Dallas/Fort Worth area.
Gladstone Commercial (GOOD) Rises But Trails Market: What Investors Should Know
Gladstone Commercial (GOOD) reachead $14.98 at the closing of the latest trading day, reflecting a +0.54% change compared to its last close.
Gladstone Commercial (GOOD) Advances But Underperforms Market: Key Facts
Gladstone Commercial (GOOD) reachead $14.90 at the closing of the latest trading day, reflecting a +1.15% change compared to its last close.
Gladstone Commercial (GOOD) Increases Despite Market Slip: Here's What You Need to Know
Gladstone Commercial (GOOD) closed at $15.06 in the latest trading session, marking a +0.07% move from the prior day.
Gladstone Commercial: Undervalued With A Big Yield
Gladstone Commercial offers a 7.6% dividend yield and is undervalued with a P/FFO of 11.1, below its historical and peer averages. GOOD's portfolio transition from office to industrial properties is progressing well, with strong occupancy at 98.7% and solid rent collection. GOOD maintains a sound balance sheet with a net debt to gross assets ratio of 44% and 99% of its debt being fixed or hedged.
Gladstone Commercial Grows Industrial Property Base With Acquisition
As part of its efforts to expand in strong industrial locations, GOOD acquires an industrial manufacturing facility in Houston, TX.
Gladstone Commercial Corporation (GOOD) Q4 2024 Earnings Call Transcript
Gladstone Commercial Corporation (NASDAQ:GOOD ) Q4 2024 Earnings Conference Call February 19, 2025 8:30 AM ET Company Participants David Gladstone - Chairman & Chief Executive Officer Michael LiCalsi - General Counsel & Secretary Buzz Cooper - President Gary Gerson - Chief Financial Officer & Assistant Treasurer Conference Call Participants Gaurav Mehta - Alliance Global Partners Rob Stevenson - Janney Montgomery Scott John Massocca - B. Riley Securities Dave Storms - Stonegate Capital Craig Kucera - Lucid Capital Markets Operator Greetings.
