Gladstone Commercial (GOOD) Getting Positive News Coverage, Analysis Finds
Media coverage about Gladstone Commercial (NASDAQ:GOOD) has been trending positive this week, according to AlphaOne Sentiment Analysis. The research group, a subsidiary of Accern, ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gladstone Commercial earned a media sentiment score of 0.42 on AlphaOne’s scale. AlphaOne also gave press coverage about the real estate investment trust an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an effect on the company’s share price in the near future.
Gladstone Commercial (NASDAQ:GOOD) traded down 0.66% during midday trading on Thursday, hitting $22.49. 545,158 shares of the stock were exchanged. Gladstone Commercial has a 1-year low of $15.92 and a 1-year high of $23.35. The company’s market capitalization is $561.73 million. The company’s 50 day moving average is $20.54 and its 200 day moving average is $19.41.
Gladstone Commercial (NASDAQ:GOOD) last issued its earnings results on Wednesday, February 15th. The real estate investment trust reported $0.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.02) by $0.40. The business earned $22.01 million during the quarter, compared to analyst estimates of $21.87 million. Gladstone Commercial had a return on equity of 1.85% and a net margin of 4.91%. Analysts predict that Gladstone Commercial will post ($0.06) earnings per share for the current fiscal year.
The business also recently disclosed a monthly dividend, which will be paid on Friday, April 28th. Stockholders of record on Friday, April 21st will be paid a dividend of $0.125 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 6.67%. The ex-dividend date is Wednesday, April 19th. Gladstone Commercial’s dividend payout ratio (DPR) is presently -1,666.67%.
Separately, Zacks Investment Research upgraded shares of Gladstone Commercial from a “sell” rating to a “hold” rating in a research note on Wednesday, March 8th.
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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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