Headlines about Gladstone Commercial (NASDAQ:GOOD) have been trending somewhat positive on Tuesday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Gladstone Commercial earned a news impact score of 0.15 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 46.4708323873698 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s rankings:
- Gladstone Commercial’s (GOOD) “Neutral” Rating Reaffirmed at B. Riley (americanbankingnews.com)
- Gladstone Commercial (GOOD) Reports $14.3M Acquisition of Industrial Building in Vance, Alabama (streetinsider.com)
- Gladstone Commercial Corporation Announces $14.3 Million Industrial Acquisition in Vance, AL (finance.yahoo.com)
- BidaskClub Upgrades Gladstone Commercial (GOOD) to “Sell” (americanbankingnews.com)
- ‘ISIS Is Coming!’ How a French Company Pushed the Limits in War-Torn Syria (nytimes.com)
GOOD has been the subject of a number of recent analyst reports. ValuEngine downgraded shares of Gladstone Commercial from a “strong-buy” rating to a “buy” rating in a research report on Monday, November 20th. Ladenburg Thalmann Financial Services reissued a “hold” rating on shares of Gladstone Commercial in a research report on Friday, December 1st. BidaskClub downgraded shares of Gladstone Commercial from a “hold” rating to a “sell” rating in a research report on Tuesday, December 5th. Zacks Investment Research raised shares of Gladstone Commercial from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research report on Friday, January 5th. Finally, B. Riley began coverage on shares of Gladstone Commercial in a research report on Thursday, February 8th. They set a “neutral” rating and a $19.00 target price for the company. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $21.50.
Gladstone Commercial (NASDAQ:GOOD) last announced its quarterly earnings data on Wednesday, February 14th. The real estate investment trust reported ($0.15) EPS for the quarter, missing the consensus estimate of $0.39 by ($0.54). The company had revenue of $25.25 million for the quarter, compared to analyst estimates of $24.24 million. Gladstone Commercial had a return on equity of 2.36% and a net margin of 6.26%. equities analysts expect that Gladstone Commercial will post 1.61 EPS for the current year.
The business also recently disclosed a monthly dividend, which will be paid on Friday, March 30th. Stockholders of record on Tuesday, March 20th will be given a dividend of $0.125 per share. This represents a $1.50 annualized dividend and a dividend yield of 8.35%. The ex-dividend date of this dividend is Monday, March 19th. Gladstone Commercial’s dividend payout ratio (DPR) is -882.30%.
In related news, CEO David Gladstone acquired 17,000 shares of Gladstone Commercial stock in a transaction dated Wednesday, February 21st. The stock was bought at an average price of $17.50 per share, with a total value of $297,500.00. Following the transaction, the chief executive officer now directly owns 466,564 shares in the company, valued at approximately $8,164,870. The purchase was disclosed in a filing with the SEC, which is accessible through this link. In the last ninety days, insiders have bought 20,700 shares of company stock valued at $364,176. Insiders own 2.21% of the company’s stock.
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About Gladstone Commercial
Gladstone Commercial Corporation is a real estate investment trust. The Company focuses on acquiring, owning and managing primarily office and industrial properties. The Company also makes long-term industrial and commercial mortgage loans. As of February 15, 2017, the Company owned 95 properties totaling 10.9 million square feet in 24 states.
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