Does Earnings Surprise History Hold Any Clue for Gladstone Commercial (NASDAQ:GOOD)

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Earnings results for Gladstone Commercial (NASDAQ:GOOD)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 0.4 and remained the same over the past month at 0.4. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 1.59 and remained the same over the past month at 1.59 . none raised and none lowered their forecast.

Gladstone Commercial last released its earnings data on April 28th, 2020. The real estate investment trust reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by $0.41. The business had revenue of $33.62 million for the quarter, compared to analysts’ expectations of $30.34 million. Gladstone Commercial has generated $1.58 earnings per share over the last year. Gladstone Commercial has confirmed that its next quarterly earnings report will be published on Monday, July 27th, 2020.

Analyst Opinion on Gladstone Commercial (NASDAQ:GOOD)

4 Wall Street analysts have issued ratings and price targets for Gladstone Commercial in the last 12 months. Their average twelve-month price target is $22.67, suggesting that the stock has a possible upside of 24.68%. The high price target for GOOD is $25.00 and the low price target for GOOD is $21.00. There are currently 4 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Gladstone Commercial has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $22.67, Gladstone Commercial has a potential upside of 24.7% from its current price of $18.18. Gladstone Commercial has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Gladstone Commercial (NASDAQ:GOOD)

Gladstone Commercial is a leading dividend payer. It pays a dividend yield of 8.26%, putting its dividend yield in the top 25% of dividend-paying stocks. Gladstone Commercial does not have a long track record of dividend growth. The dividend payout ratio of Gladstone Commercial is 94.94%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Gladstone Commercial will have a dividend payout ratio of 92.02% in the coming year. This indicates that Gladstone Commercial may not be able to sustain their current dividend.

Insiders buying/selling: Gladstone Commercial (NASDAQ:GOOD)

In the past three months, Gladstone Commercial insiders have bought more of their company’s stock than they have sold. Specifically, they have bought $28,470.00 in company stock and sold $0.00 in company stock. Only 1.80% of the stock of Gladstone Commercial is held by insiders. 57.01% of the stock of Gladstone Commercial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Gladstone Commercial (NASDAQ:GOOD

Earnings for Gladstone Commercial are expected to grow by 2.52% in the coming year, from $1.59 to $1.63 per share. The P/E ratio of Gladstone Commercial is -75.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Gladstone Commercial is -75.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Gladstone Commercial has a P/B Ratio of 2.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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