We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Gladstone Commercial (GOOD) Advances While Market Declines: Some Information for Investors
Read MoreHide Full Article
Gladstone Commercial (GOOD - Free Report) closed at $10.68 in the latest trading session, marking a +1.23% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.14%. Elsewhere, the Dow saw a downswing of 0.2%, while the tech-heavy Nasdaq depreciated by 0.24%.
Prior to today's trading, shares of the real estate investment trust had lost 3.74% lagged the Finance sector's gain of 2.19% and the S&P 500's gain of 0.94%.
Investors will be eagerly watching for the performance of Gladstone Commercial in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.35, marking stability compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $39 million, up 4.33% from the prior-year quarter.
GOOD's full-year Zacks Consensus Estimates are calling for earnings of $1.38 per share and revenue of $156.8 million. These results would represent year-over-year changes of -2.82% and +4.96%, respectively.
It is also important to note the recent changes to analyst estimates for Gladstone Commercial. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Gladstone Commercial is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, Gladstone Commercial is presently trading at a Forward P/E ratio of 7.63. This indicates a discount in contrast to its industry's Forward P/E of 11.05.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 103, finds itself in the top 42% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Gladstone Commercial (GOOD) Advances While Market Declines: Some Information for Investors
Gladstone Commercial (GOOD - Free Report) closed at $10.68 in the latest trading session, marking a +1.23% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.14%. Elsewhere, the Dow saw a downswing of 0.2%, while the tech-heavy Nasdaq depreciated by 0.24%.
Prior to today's trading, shares of the real estate investment trust had lost 3.74% lagged the Finance sector's gain of 2.19% and the S&P 500's gain of 0.94%.
Investors will be eagerly watching for the performance of Gladstone Commercial in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.35, marking stability compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $39 million, up 4.33% from the prior-year quarter.
GOOD's full-year Zacks Consensus Estimates are calling for earnings of $1.38 per share and revenue of $156.8 million. These results would represent year-over-year changes of -2.82% and +4.96%, respectively.
It is also important to note the recent changes to analyst estimates for Gladstone Commercial. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Gladstone Commercial is holding a Zacks Rank of #3 (Hold) right now.
Looking at valuation, Gladstone Commercial is presently trading at a Forward P/E ratio of 7.63. This indicates a discount in contrast to its industry's Forward P/E of 11.05.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 103, finds itself in the top 42% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.