Gladstone Commercial Corporation (GOOD)
Gladstone Commercial Series G Preferred: Solid 7.5% Monthly Payer With 25% Upside To Call
Gladstone Commercial is transitioning its portfolio to net lease industrial assets, improving credit quality and reassuring preferred equity holders. Gladstone Commercial Series G preferred offers a compelling 7.50% yield, with the potential for price appreciation due to yield scarcity. Market pricing of Gladstone Commercial Series G preferred at $20.00 provides a $5.00 discount to par value, offering a potential 25% upside if yield scarcity develops.
Gladstone Commercial (GOOD) Sells Georgia Medical Office Assets
Gladstone Commercial's (GOOD) sale of the Georgia medical office portfolio comes as part of the company's capital recycling efforts.
Gladstone Commercial Corporation Announces Sale of Georgia Medical Office Portfolio
MCLEAN, VA / ACCESSWIRE / August 8, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced that on August 7, 2024, it sold two medical office properties located in the Atlanta MSA leased to Northside Hospital, totaling 26,331 square feet at a cap rate of 5.97%. Gladstone Commercial realized a leveraged internal rate of return of approximately 13.2% on the assets, which were originally acquired as a component of an 8-property portfolio transaction in 2007.
Gladstone Commercial Corporation (GOOD) Q2 2024 Earnings Call Transcript
Gladstone Commercial Corporation (NASDAQ:GOOD ) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants David Gladstone - Chief Executive Officer Michael LiCalsi - General Counsel & Secretary Buzz Cooper - President Gary Gerson - Chief Financial Officer Conference Call Participants Gaurav Mehta - Alliance Global Partners Rob Stevenson - Janney Dave Storms - Stonegate John Massocca - B. Riley Securities Operator Greetings, and welcome to the Gladstone Commercial Corporation Second Quarter Earnings Call.
Gladstone Commercial (GOOD) Beats Q2 FFO and Revenue Estimates
Gladstone Commercial (GOOD) came out with quarterly funds from operations (FFO) of $0.36 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to FFO of $0.41 per share a year ago.
Gladstone Commercial Corporation Reports Results for the Second Quarter Ended June 30, 2024
Please note that the limited information that follows in this press release is not adequate to make an informed investment judgment. MCLEAN, VA / ACCESSWIRE / August 6, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial" or the "Company") today reported financial results for the second quarter ended June 30, 2024.
Gladstone Commercial Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESSWIRE / August 5, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) announces the following event: What: Gladstone Commercial Corporation's Second Quarter Ended June 30, 2024 Earnings Call & Webcast When: Wednesday, August 7, 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 (877) 424-3437 Contact: Gladstone Commercial Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through August 14, 2024.
Is Trending Stock Gladstone Commercial Corporation (GOOD) a Buy Now?
Zacks.com users have recently been watching Gladstone Commercial (GOOD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Gladstone Commercial (GOOD) Stock Drops Despite Market Gains: Important Facts to Note
The latest trading day saw Gladstone Commercial (GOOD) settling at $14.93, representing a -0.73% change from its previous close.
Gladstone Commercial (GOOD) Ascends While Market Falls: Some Facts to Note
Gladstone Commercial (GOOD) closed at $14.67 in the latest trading session, marking a +0.55% move from the prior day.
Gladstone Commercial (GOOD) Declines More Than Market: Some Information for Investors
In the latest trading session, Gladstone Commercial (GOOD) closed at $14.35, marking a -1.71% move from the previous day.
Gladstone Commercial (GOOD) Declines More Than Market: Some Information for Investors
Gladstone Commercial (GOOD) concluded the recent trading session at $14.60, signifying a -1.82% move from its prior day's close.
