Gladstone Commercial (GOOD) closed the most recent trading day at $12.63, moving 1.03% from the previous trading session.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
GOOD acquires a $22.75M industrial property in Newport News, using internal cash flow. It is 100% leased by a Huntington Ingalls Industries subsidiary.
Gladstone Commercial (GOOD) came out with quarterly funds from operations (FFO) of $0.35 per share, in line with the Zacks Consensus Estimate . This compares to FFO of $0.34 per share a year ago.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Gladstone Commercial (GOOD) closed the most recent trading day at $12.57, moving 1.41% from the previous trading session.
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.
In the latest trading session, Gladstone Commercial (GOOD) closed at $12.41, marking a +1.31% move from the previous day.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Gladstone Commercial preferreds, especially GOODN, offer a possible buy-the-dip opportunity amid recent price declines and a 7.5% current yield. GOODN trades at an 11% discount to its redemption value, with strong FFO coverage and a well-laddered debt maturity profile supporting preferred payments. Rising Treasury yields and inflation expectations pose the main risk this year, as higher rates could pressure preferred valuations and widen risk spreads.
Gladstone Commercial earns a sell rating due to its unsustainable capital allocation strategy in a higher-rate environment. GOOD's near-total earnings distribution leaves no retained capital for growth, hampering its ability to compete with peers like NNN and ADC. Rising interest rates have exposed GOOD's vulnerability, as its high payout ratio forces reliance on costly external capital for acquisitions.
Gladstone Commercial (GOOD) closed the most recent trading day at $11.56, moving +1.14% from the previous trading session.