Symbols / GOODN Stock $22.11 -0.50% Gladstone Commercial Corporation

Real Estate • REIT - Diversified • United States • NMS
GOODN (Stock) Chart
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Stock Fundamentals
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Index EQUITY
Sector Real Estate
Industry REIT - Diversified
CEO Mr. Arthur S. Cooper
Exch · Country NMS · United States
Market Cap
Enterprise Value 2.08B
Income 6.59M
Sales 161.34M
FCF (ttm) 71.00M
Book/sh 3.55
Cash/sh 0.29
Employees
Insider 10d
IPO Sep 26, 2019
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout
P/E
Forward P/E
PEG
P/S
P/B 6.23
P/C
EV/EBITDA 18.50
EV/Sales 12.88
Quick Ratio 1.23
Current Ratio 1.67
Debt/Eq 249.11
LT Debt/Eq
EPS (ttm) -0.03
EPS next Y
EPS Growth -50.60%
Revenue Growth 16.30%
EPS Gr Q/Q -25.10%
Rev Gr Q/Q
Earnings (next)
Earnings (prior)
ROA 3.20%
ROE 5.65%
ROIC
Gross Margin 78.14%
Oper. Margin 40.03%
Profit Margin 11.95%
Shs Outstand
Shs Float 47.78M
Insider Own 0.00%
Instit Own 7.50%
Short Float
Short Ratio 0.48
Short Interest 1.32K
52W High 24.35
vs 52W High -9.20%
52W Low 20.91
vs 52W Low 5.74%
Beta 1.09
Impl. Vol.
Rel Volume 0.24
Avg Volume 2.87K
Volume 696.00
Target (mean)
Tgt Median
Tgt Low
Tgt High
# Analysts
Recom None
Prev Close $22.22
Price $22.11
Change -0.50%
About

Gladstone Commercial Corporation is an established real estate investment trust (REIT) that invests in single tenant and anchored multi-tenant net leased assets. As of June 30, 2025, we owned approximately 17.0 million square feet of primarily industrial and office real estate nationwide. We partner with a variety of tenants—from middle market private businesses to investment grade rated companies. We acquire properties through third party purchases, sale leaseback transactions, and by partnering with developers in build-to-suit transactions. As of June 30, 2025, total assets were approximately $1.2 billion, representing investments in 143 properties. Our properties are leased to 107 tenants who represent 20 diversified industries across 27 states. At June 30, 2025, our leases had an average remaining term of 7.1 years. In addition, approximately 51% of our tenants have an investment grade or investment grade equivalent credit rating. Gladstone Commercial Corporation was established on February 14, 2003 and incorporated in Maryland.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified FCF or EPS-based estimate
Ratings
Current target
$22.11
Low
High
Mean
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
161.34
+8.00%
149.39
+1.22%
147.58
-0.94%
148.98
Operating Revenue
161.34
+8.00%
149.39
+1.22%
147.58
-0.94%
148.98
Cost Of Revenue
35.27
+11.85%
31.53
-2.20%
32.24
-2.79%
33.16
Reconciled Cost Of Revenue
35.23
+11.77%
31.52
-2.14%
32.21
-2.79%
33.13
Gross Profit
126.07
+6.97%
117.86
+2.18%
115.35
-0.41%
115.82
Operating Expense
67.63
+1.37%
66.72
+3.33%
64.57
-9.05%
70.99
Selling General And Administration
6.62
+2.71%
6.45
-3.98%
6.71
+20.54%
5.57
General And Administrative Expense
6.62
+2.71%
6.45
-3.98%
6.71
+20.54%
5.57
Other Gand A
6.62
+2.71%
6.45
-3.98%
6.71
+20.54%
5.57
Other Operating Expenses
2.77
-38.39%
4.49
5.27
Total Expenses
102.90
+4.73%
98.25
+1.49%
96.81
-7.06%
104.16
Operating Income
58.44
+14.27%
51.14
+0.71%
50.78
+13.28%
44.83
EBITDA
119.48
+1.92%
117.23
+17.07%
100.14
-3.18%
103.42
Normalized EBITDA
117.61
+9.65%
107.26
-1.48%
108.86
+3.23%
105.46
Reconciled Depreciation
58.28
+4.45%
55.79
-3.61%
57.88
-3.82%
60.18
EBIT
61.21
-0.37%
61.44
+45.40%
42.25
-2.28%
43.24
Total Unusual Items
1.88
-81.19%
9.97
+214.22%
-8.73
-327.89%
-2.04
Total Unusual Items Excluding Goodwill
1.88
-81.19%
9.97
+214.22%
-8.73
-327.89%
-2.04
Special Income Charges
1.51
+135.41%
-4.26
+74.13%
-16.47
-36.17%
-12.09
Other Special Charges
-1.52
+40.81%
-2.56
+9.43%
-2.83
Impairment Of Capital Assets
12.09
Write Off
0.01
-99.87%
6.82
-64.65%
19.30
+59.58%
12.09
Net Income
19.29
-19.63%
24.00
+381.40%
4.99
-53.86%
10.80
Pretax Income
19.29
-19.75%
24.04
+388.42%
4.92
-54.35%
10.78
Net Non Operating Interest Income Expense
-41.91
-12.08%
-37.40
-0.17%
-37.33
-15.01%
-32.46
Interest Expense Non Operating
41.91
+12.08%
37.40
+0.17%
37.33
+15.01%
32.46
Net Interest Income
-41.91
-12.08%
-37.40
-0.17%
-37.33
-15.01%
-32.46
Interest Expense
41.91
+12.08%
37.40
+0.17%
37.33
+15.01%
32.46
Other Income Expense
2.77
-73.13%
10.30
+220.77%
-8.53
-437.52%
-1.59
Other Non Operating Income Expenses
0.89
+173.62%
0.33
+59.80%
0.20
-55.07%
0.45
Gain On Sale Of Security
0.37
-97.42%
14.23
+83.91%
7.74
-23.03%
10.05
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
0.39
-81.19%
2.09
+214.22%
-1.83
-327.89%
-0.43
Net Income Including Noncontrolling Interests
19.29
-19.75%
24.04
+388.42%
4.92
-54.35%
10.78
Net Income From Continuing Operation Net Minority Interest
19.29
-19.63%
24.00
+381.40%
4.99
-53.86%
10.80
Net Income From Continuing And Discontinued Operation
19.29
-19.63%
24.00
+381.40%
4.99
-53.86%
10.80
Net Income Continuous Operations
19.29
-19.75%
24.04
+388.42%
4.92
-54.35%
10.78
Minority Interests
-0.01
+85.71%
-0.04
-166.67%
0.06
+173.91%
0.02
Normalized Income
17.80
+10.44%
16.12
+35.69%
11.88
-4.31%
12.42
Net Income Common Stockholders
6.59
-40.75%
11.12
+243.76%
-7.74
-406.08%
-1.53
Otherunder Preferred Stock Dividend
0.40
-8.76%
0.43
-0.91%
0.44
+1.62%
0.43
Diluted NI Availto Com Stockholders
6.59
-40.75%
11.12
+243.76%
-7.74
-406.08%
-1.53
Depreciation Amortization Depletion Income Statement
58.24
+4.41%
55.79
-3.58%
57.86
-3.82%
60.15
Depreciation And Amortization In Income Statement
58.24
+4.41%
55.79
-3.58%
57.86
-3.82%
60.15
Preferred Stock Dividends
12.30
-1.13%
12.44
+1.26%
12.29
+3.21%
11.90
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
1,246.93
+13.94%
1,094.35
-3.45%
1,133.47
-5.75%
1,202.63
Current Assets
33.19
-23.57%
43.42
-17.19%
52.44
+86.59%
28.10
Cash Cash Equivalents And Short Term Investments
10.81
-1.33%
10.96
-8.59%
11.98
+2.85%
11.65
Cash And Cash Equivalents
10.81
-1.33%
10.96
-8.59%
11.98
+2.85%
11.65
Receivables
0.00
-100.00%
18.62
0.00
Other Receivables
18.62
Inventory
10.43
+140.44%
4.34
-84.23%
27.50
+734.98%
3.29
Finished Goods
10.43
+140.44%
4.34
-84.23%
27.50
+734.98%
3.29
Current Deferred Assets
38.88
Restricted Cash
11.12
+17.21%
9.48
-18.69%
11.66
-11.34%
13.16
Assets Held For Sale Current
0.83
+3100.00%
0.03
-97.99%
1.29
0.00
Total Non Current Assets
1,213.75
+15.49%
1,050.93
-2.79%
1,081.03
-7.96%
1,174.53
Net PPE
6.58
+66.22%
3.96
-18.98%
4.89
-4.72%
5.13
Gross PPE
6.58
+66.22%
3.96
-18.98%
4.89
-4.72%
5.13
Other Properties
6.58
+66.22%
3.96
-18.98%
4.89
-4.72%
5.13
Goodwill And Other Intangible Assets
115.58
+21.53%
95.11
-5.88%
101.05
-9.47%
111.62
Other Intangible Assets
115.58
+21.53%
95.11
-5.88%
101.05
-9.47%
111.62
Non Current Deferred Assets
47.92
+5.73%
45.32
+10.53%
41.01
+5.46%
38.88
Other Non Current Assets
12.73
-11.52%
14.39
+16.13%
12.39
-30.19%
17.75
Total Liabilities Net Minority Interest
1,075.04
+16.47%
923.05
-5.74%
979.21
-1.78%
996.94
Current Liabilities
69.14
+74.45%
39.63
-67.48%
121.89
+59.95%
76.21
Payables And Accrued Expenses
14.18
-9.89%
15.74
-2.51%
16.14
+24.55%
12.96
Payables
14.18
-9.89%
15.74
-2.51%
16.14
+24.55%
12.96
Accounts Payable
10.96
-16.96%
13.20
-2.87%
13.59
+41.45%
9.61
Current Debt And Capital Lease Obligation
37.37
+1866.84%
1.90
-97.49%
75.75
+225.81%
23.25
Current Debt
37.37
+1866.84%
1.90
-97.49%
75.75
+225.81%
23.25
Current Deferred Liabilities
17.19
-21.84%
22.00
-24.99%
29.32
-26.68%
40.00
Current Deferred Revenue
17.19
-21.84%
22.00
-24.99%
29.32
-26.68%
40.00
Other Current Liabilities
0.40
0.68
Total Non Current Liabilities Net Minority Interest
1,005.90
+13.87%
883.41
+3.04%
857.31
-6.89%
920.73
Long Term Debt And Capital Lease Obligation
812.88
+16.87%
695.55
+4.09%
668.20
-8.62%
731.26
Long Term Debt
806.10
+16.57%
691.49
+4.28%
663.11
-8.66%
725.96
Long Term Capital Lease Obligation
6.78
+66.87%
4.06
-20.22%
5.09
-4.05%
5.31
Long Term Provisions
5.36
+5.97%
5.06
+2.70%
4.93
+2.82%
4.79
Non Current Deferred Liabilities
40.00
Other Non Current Liabilities
17.62
+38.06%
12.76
-9.73%
14.14
-3.28%
14.62
Preferred Securities Outside Stock Equity
170.04
+0.00%
170.04
+0.00%
170.04
-0.01%
170.06
Stockholders Equity
171.77
+0.35%
171.17
+11.67%
153.28
-24.83%
203.90
Common Stock Equity
171.77
+0.35%
171.17
+11.67%
153.28
-24.83%
203.90
Capital Stock
0.05
+8.70%
0.05
+9.52%
0.04
+2.44%
0.04
Common Stock
0.05
+8.89%
0.04
+9.76%
0.04
+2.50%
0.04
Preferred Stock
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Share Issued
48.41
+10.05%
43.99
+9.96%
40.00
+0.64%
39.74
Ordinary Shares Number
48.41
+10.05%
43.99
+9.96%
40.00
+0.64%
39.74
Additional Paid In Capital
841.57
+7.29%
784.39
+7.41%
730.26
+1.24%
721.33
Retained Earnings
-673.17
-7.89%
-623.91
-6.69%
-584.78
-10.52%
-529.10
Gains Losses Not Affecting Retained Earnings
3.31
-68.88%
10.65
+37.25%
7.76
-33.35%
11.64
Minority Interest
0.12
-6.15%
0.13
-86.82%
0.99
-44.92%
1.79
Other Equity Adjustments
3.31
-68.88%
10.65
+37.25%
7.76
-33.35%
11.64
Total Equity Gross Minority Interest
171.89
+0.35%
171.30
+11.04%
154.27
-25.00%
205.69
Total Capitalization
977.87
+13.36%
862.66
+5.67%
816.39
-12.20%
929.86
Working Capital
-35.95
-1049.13%
3.79
+105.45%
-69.46
-44.38%
-48.11
Invested Capital
1,015.24
+17.43%
864.55
-3.09%
892.14
-6.40%
953.11
Total Debt
850.25
+21.91%
697.45
-6.25%
743.95
-1.40%
754.51
Net Debt
832.66
+22.01%
682.43
-6.11%
726.88
-1.45%
737.55
Capital Lease Obligations
6.78
+66.87%
4.06
-20.22%
5.09
-4.05%
5.31
Net Tangible Assets
56.19
-26.13%
76.06
+45.63%
52.23
-43.40%
92.28
Tangible Book Value
56.19
-26.13%
76.06
+45.63%
52.23
-43.40%
92.28
Dueto Related Parties Current
3.22
+26.89%
2.54
-0.63%
2.56
-23.84%
3.36
Investment Properties
1,030.93
+15.56%
892.15
-3.21%
921.70
-7.94%
1,001.15
Line Of Credit
37.37
+1866.84%
1.90
-97.49%
75.75
+225.81%
23.25
Preferred Stock Equity
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
88.15
+54.78%
56.95
-5.66%
60.37
-12.74%
69.18
Cash Flow From Continuing Operating Activities
88.15
+54.78%
56.95
-5.66%
60.37
-12.74%
69.18
Net Income From Continuing Operations
19.29
-19.75%
24.04
+388.42%
4.92
-54.35%
10.78
Depreciation Amortization Depletion
58.28
+4.45%
55.79
-3.61%
57.88
-3.82%
60.18
Depreciation
58.28
+4.45%
55.79
-3.61%
57.88
-3.82%
60.18
Depreciation And Amortization
58.28
+4.45%
55.79
-3.61%
57.88
-3.82%
60.18
Other Non Cash Items
12.43
+225.10%
-9.93
-24.86%
-7.96
-223.15%
-2.46
Asset Impairment Charge
0.01
-99.87%
6.89
-64.31%
19.30
+59.58%
12.09
Operating Gains Losses
-0.37
+97.47%
-14.53
-37.49%
-10.57
-5.12%
-10.05
Gain Loss On Investment Securities
-0.37
+97.42%
-14.23
-83.91%
-7.74
+23.03%
-10.05
Gain Loss On Sale Of PPE
-10.05
Change In Working Capital
-1.49
+71.94%
-5.30
-65.15%
-3.21
-135.07%
-1.37
Change In Receivables
Change In Payables And Accrued Expense
1.48
+2694.74%
-0.06
+92.97%
-0.81
-153.18%
1.52
Change In Payable
1.48
+2694.74%
-0.06
+92.97%
-0.81
-153.18%
1.52
Change In Account Payable
0.80
+2041.46%
-0.04
-272.73%
-0.01
-100.69%
1.60
Change In Other Working Capital
-3.02
+45.41%
-5.54
-75.29%
-3.16
-137.67%
-1.33
Change In Other Current Assets
-0.45
-135.05%
1.28
-13.82%
1.48
+339.58%
-0.62
Change In Other Current Liabilities
0.51
+151.48%
-0.98
-36.15%
-0.72
+23.35%
-0.94
Investing Cash Flow
-221.38
-12718.59%
-1.73
-251.76%
1.14
+101.38%
-82.51
Cash Flow From Continuing Investing Activities
-221.38
-12718.59%
-1.73
-251.76%
1.14
+101.38%
-82.51
Net Business Purchase And Sale
0.00
Purchase Of Business
0.00
Net Other Investing Changes
-0.14
-117.30%
0.79
-3.65%
0.82
+137.03%
-2.22
Financing Cash Flow
134.74
+339.39%
-56.29
+8.27%
-61.36
-479.95%
16.15
Cash Flow From Continuing Financing Activities
134.74
+339.39%
-56.29
+8.27%
-61.36
-479.95%
16.15
Net Issuance Payments Of Debt
150.54
+433.28%
-45.17
-426.27%
-8.58
-119.57%
43.87
Issuance Of Debt
473.93
+172.94%
173.64
+30.95%
132.60
-59.16%
324.66
Repayment Of Debt
-323.39
-47.79%
-218.81
-54.98%
-141.18
+49.72%
-280.79
Long Term Debt Issuance
473.93
+172.94%
173.64
+30.95%
132.60
-59.16%
324.66
Long Term Debt Payments
-323.39
-47.79%
-218.81
-54.98%
-141.18
+49.72%
-280.79
Net Long Term Debt Issuance
150.54
+433.28%
-45.17
-426.27%
-8.58
-119.57%
43.87
Short Term Debt Issuance
Short Term Debt Payments
Net Short Term Debt Issuance
Net Common Stock Issuance
62.18
+12.19%
55.42
+504.09%
9.18
-81.53%
49.68
Common Stock Payments
0.00
0.00
+100.00%
-1.05
0.00
Common Stock Dividend Paid
-68.17
-8.58%
-62.79
-3.58%
-60.62
+14.73%
-71.09
Cash Dividends Paid
-68.17
-8.58%
-62.79
-3.58%
-60.62
+14.73%
-71.09
Repurchase Of Capital Stock
-4.50
-162.85%
-1.71
-10.45%
-1.55
-330.56%
-0.36
Net Other Financing Charges
-5.31
-160.04%
-2.04
-144.84%
-0.83
+85.97%
-5.94
Changes In Cash
1.52
+242.98%
-1.06
-841.96%
0.14
-94.92%
2.81
Beginning Cash Position
15.07
-6.58%
16.14
+0.89%
15.99
+21.35%
13.18
End Cash Position
16.59
+10.06%
15.07
-6.58%
16.14
+0.89%
15.99
Free Cash Flow
88.15
+54.78%
56.95
-5.66%
60.37
-12.74%
69.18
Interest Paid Supplemental Data
38.71
+8.55%
35.67
+7.64%
33.14
+19.01%
27.84
Common Stock Issuance
62.18
+12.19%
55.42
+442.05%
10.22
-79.42%
49.68
Issuance Of Capital Stock
62.18
+12.19%
55.42
+442.05%
10.22
-79.42%
49.68
Net Investment Properties Purchase And Sale
-221.24
-8682.85%
-2.52
-897.15%
0.32
+100.39%
-80.29
Net Preferred Stock Issuance
-4.50
-162.85%
-1.71
-242.40%
-0.50
-38.89%
-0.36
Preferred Stock Payments
-4.50
-162.85%
-1.71
-242.40%
-0.50
-38.89%
-0.36
Purchase Of Investment Properties
-228.88
-470.02%
-40.15
-9.44%
-36.69
+69.37%
-119.79
Sale Of Investment Properties
7.64
-79.69%
37.63
+1.69%
37.01
-6.31%
39.50
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
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