Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $14.25 USD
Change Today +0.01 / 0.07%
Volume 16.9K
GOOD On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 10:56 AM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

gladstone commercial corp (GOOD) Snapshot

Open
$14.36
Previous Close
$14.24
Day High
$14.39
Day Low
$14.20
52 Week High
03/20/15 - $18.84
52 Week Low
08/24/15 - $12.00
Market Cap
304.4M
Average Volume 10 Days
130.8K
EPS TTM
$-0.13
Shares Outstanding
21.4M
EX-Date
09/17/15
P/E TM
--
Dividend
$1.50
Dividend Yield
10.53%
Current Stock Chart for GLADSTONE COMMERCIAL CORP (GOOD)

Related News

No related news articles were found.

gladstone commercial corp (GOOD) Related Businessweek News

No Related Businessweek News Found

gladstone commercial corp (GOOD) Details

Gladstone Commercial Corporation operates as a real estate investment trust (REIT) in the United States. It engages in investing in and owning net leased industrial and commercial real properties, and making long-term industrial and commercial mortgage loans. The company leases its real estate properties to small businesses, as well as to large public companies. As of December 31, 2009, it owned 64 properties, and held 1 mortgage loan. The company qualifies as a REIT under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal tax to the extent that it distributes at least 90% of its taxable income to its shareholders. The company was founded in 2003 and is based in McLean, Virginia.

Founded in 2003

gladstone commercial corp (GOOD) Top Compensated Officers

Chief Financial Officer and Assistant Treasur...
Total Annual Compensation: $103.5K
Compensation as of Fiscal Year 2014.

gladstone commercial corp (GOOD) Key Developments

Gladstone Commercial Corp. Announces $21.5 Million Mortgage Refinancing

Gladstone Commercial Corp. reported that it refinanced $30.4 million of mortgage debt that was set to expire in 2015, with $21.5 million of new mortgage debt. The new debt was issued by Synovus Bank at an interest rate of one-month LIBOR + 2.25%, a current rate of approximately 2.5%. The Company purchased a 3-year, 3% LIBOR cap in connection with the new loan. The maturing loans had an average interest rate of 5.3%. The new loan matures on July 1, 2018, with a two-year extension option.

Gladstone Commercial Eyes Acquisitions

Gladstone Commercial Corp. (NasdaqGS:GOOD) is seeking acquisitions. Michael Licalsi, General Counsel & Secretary of Gladstone Commercial said, “Our objective as I've indicated in the past for our size is to have at least $250 million to $300 million in this pipeline of possible acquisitions with something in each phase from initial review through letters of intent and due diligence.” David Gladstone, Chairman and Chief Executive Officer of Gladstone Commercial, added, “We continue to have a promising list of potential quality properties, we are interested in acquiring those because that list of properties, we need to continue to grow and it needs to grow as we grow because every year we get bigger, so that means the list of properties that we're seeking to buy has to grow as well.”

Gladstone Commercial Corp. Announces Earnings Results for the Second Quarter Ended June 30, 2015

Gladstone Commercial Corp. announced earnings results for the second quarter ended June 30, 2015. For the quarter, the company reported total operating revenue of $20,688,000 against $19,880,000 a quarter ago. Net loss attributable to common stockholders was $853,000 or $0.04 per basic and diluted share against $553,000 or $0.03 per basic and diluted share a quarter ago. Funds from operations available to common stockholders were $8,094,000 or $0.37 per diluted share against $7,654,000 or $0.37 per diluted share a quarter ago. Core funds from operations available to common stockholders were $8,349,000 or $0.39 per diluted share against $7,957,000 or $0.38 per diluted share a quarter ago. Total Core FFO increased primarily due to the increase in operating revenues derived from the two acquisitions this quarter, coupled with a decrease in general and administrative expenses, partially offset by an increase in property operating expenses from lease expirations during second quarter 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
GOOD:US $14.25 USD +0.01

GOOD Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for GOOD.
View Industry Companies
 

Industry Analysis

GOOD

Industry Average

Valuation GOOD Industry Range
Price/Earnings 100.0x
Price/Sales 3.8x
Price/Book 1.3x
Price/Cash Flow 7.7x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GLADSTONE COMMERCIAL CORP, please visit www.GladstoneCommercial.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.