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) Rises As Market Takes a Dip: Key Facts
Read MoreHide Full Article
In the latest close session, Gladstone Commercial (GOOD - Free Report) was up +1.06% at $12.43. The stock's change was more than the S&P 500's daily loss of 0.22%. Elsewhere, the Dow saw a downswing of 0.03%, while the tech-heavy Nasdaq depreciated by 0.66%.
The real estate investment trust's shares have seen a decrease of 2.61% over the last month, not keeping up with the Finance sector's gain of 2.72% and the S&P 500's loss of 1.21%.
Investors will be eagerly watching for the performance of Gladstone Commercial in its upcoming earnings disclosure. In that report, analysts expect Gladstone Commercial to post earnings of $0.35 per share. This would mark no growth from the year-ago period. Alongside, our most recent consensus estimate is anticipating revenue of $42.02 million, indicating a 6.3% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.42 per share and revenue of $170.62 million, indicating changes of +1.43% and +5.75%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for Gladstone Commercial. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Gladstone Commercial is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Gladstone Commercial's current valuation metrics, including its Forward P/E ratio of 8.69. This signifies a discount in comparison to the average Forward P/E of 13.08 for its industry.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 58, finds itself in the top 24% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Gladstone Commercial (GOOD) Rises As Market Takes a Dip: Key Facts
In the latest close session, Gladstone Commercial (GOOD - Free Report) was up +1.06% at $12.43. The stock's change was more than the S&P 500's daily loss of 0.22%. Elsewhere, the Dow saw a downswing of 0.03%, while the tech-heavy Nasdaq depreciated by 0.66%.
The real estate investment trust's shares have seen a decrease of 2.61% over the last month, not keeping up with the Finance sector's gain of 2.72% and the S&P 500's loss of 1.21%.
Investors will be eagerly watching for the performance of Gladstone Commercial in its upcoming earnings disclosure. In that report, analysts expect Gladstone Commercial to post earnings of $0.35 per share. This would mark no growth from the year-ago period. Alongside, our most recent consensus estimate is anticipating revenue of $42.02 million, indicating a 6.3% upward movement from the same quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.42 per share and revenue of $170.62 million, indicating changes of +1.43% and +5.75%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for Gladstone Commercial. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Gladstone Commercial is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note Gladstone Commercial's current valuation metrics, including its Forward P/E ratio of 8.69. This signifies a discount in comparison to the average Forward P/E of 13.08 for its industry.
The REIT and Equity Trust - Other industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 58, finds itself in the top 24% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.