Gladstone Commercial Corporation (GOOD) AI Stock Analysis

Gladstone Commercial Corporation operates as a real estate investment trust specializing in the acquisition, ownership, and management of net leased industrial and office properties throughout the United States. Headquartered in McLean, Virginia, the company focuses on acquiring properties with long-term lease agreements to produce stable, predictable rental income and support financial stability. Since its inception in 2003, it has maintained a disciplined asset management approach, distributing regular monthly cash dividends on its common stock as well as preferred shares, while seeking strategic portfolio expansion across dynamic commercial real estate markets.

Revenue grew from $137.7M in FY2021 to $149.0M in FY2022, declined 0.9% to $147.6M in FY2023, and expanded to $149.4M in FY2024 and $161.3M in FY2025, delivering a 5-year revenue CAGR of 3.9%. Operating margin expanded from 26.2% in FY2021 to 37.2% in FY2025, though gross margin fell to 5.9% in FY2025 after standing at 78.9% in FY2024. Diluted EPS rose to $0.47 in FY2025, up from -$0.12 in FY2021. In the trailing twelve months ended June 30, 2026, revenue totaled $170.2M, with quarterly revenue rising 11.3% year-over-year and quarterly earnings expanding 236.0%.

As of June 30, 2026, Gladstone Commercial held $10.4M in cash and short-term investments against $858.7M in total debt, resulting in net debt of $848.4M. Shareholders' equity was $157.4M, producing a debt-to-equity ratio of 5.46 and a current ratio of 1.13. For FY2025, operating cash flow reached $88.2M and free cash flow was $67.2M. Capital expenditures totaled $21.0M, share repurchases took $4.5M, and dividends paid absorbed $68.2M, while share count increased 27.7% over 5 years.

Trading at $12.47, Gladstone Commercial has a market capitalization of $608.9M and an enterprise value of $1.47B. Its trailing P/E of 49.9x and forward P/E of 61.0x compare to medians of 21.6x and 23.5x for its US-listed Real Estate peers. However, its EV/EBITDA of 11.2x sits below the peer median of 14.7x. Over the past year, the stock returned 20.3%, beating the 16.8% return of the S&P 500 (SPY), though its 5-year return of -11.8% trailed the index's 83.0% gain.

Gladstone Commercial pays monthly distributions with an annual forward dividend of $1.20 per share, delivering a dividend yield of 9.62% and a payout ratio of 47.6%. The company has paid dividends for 24 consecutive years, although its 5-year annualized dividend growth was -4.4%. The last ex-dividend date is December 21, 2026.

Wall Street analysts hold two Strong Buy, one Buy, and one Hold ratings on the stock, with zero Sell recommendations. The mean price target is $14.12, which sits 13.3% above the last close of $12.47. For the fiscal year ending December 31, 2026, consensus calls for EPS of $0.25 on revenue of $170.9M. The company beat EPS estimates in two of the last four quarters, and its next earnings date is November 3, 2026.

This page is an AI-written research summary of Gladstone Commercial Corporation (GOOD). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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