Stocks · Real Estate · REIT - Diversified

Gladstone Commercial Corporation GOOD

$12.79 -1.16% Close, Oct 5, 2026 · NASDAQ · Market cap $626.4M

Strong trend

Next earnings report: Nov 2, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. The shares trade at 24.1× trailing earnings, lower than 93% of the company's own readings over the past five years.
  2. Net debt is 12.2× EBITDA, a high level of leverage.
  3. The stock is in an uptrend: above its 200-day average for 124 trading days, with the 50-day average above the 200-day.

PromtFinance scores

Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.

Growth60Neutral

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 36%
  • EPS growth (TTM, YoY)Top 43%
  • FCF growth (TTM, YoY)Top 45%
  • Revenue growth, 3-year CAGRBottom 34%
  • Revenue growth accelerationTop 36%
Quality50Neutral

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 36%
  • Gross marginBottom 21%
  • Operating marginTop 29%
  • Cash conversion (OCF / net income)Top 29%
  • Accruals (lower is better)Top 43%
  • Net debt / EBITDA (lower is better)Bottom 24%
  • Interest coverTop 43%
Value75Positive

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 38%
  • Free-cash-flow yieldTop 19%
  • EBITDA / enterprise valueBottom 31%
  • Sales / enterprise valueTop 48%
  • P/E vs own 5-year history (lower is better)Top 22%
Momentum87Strong

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 37%
  • 6-month returnTop 20%
  • 1-year return vs S&P 500Top 28%
  • Distance from 52-week highTop 4%
  • Trend checklist (0–4)Top 7%
Revisions81Strong

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 6%
  • Consecutive EPS beatsTop 19%
  • Share of analysts rating BuyTop 25%
  • Upside to consensus price targetBottom 8%
Stability36Weak

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 37%
  • Maximum drawdown, 3 yearsBottom 44%
  • Beta vs S&P 500 (lower is better)Bottom 39%
  • Net debt / EBITDA (lower is better)Bottom 24%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)9.6%10.8%↑
EPS growth (YoY)22.2%20.2%↓
Gross margin77.8%15.9%↓
Operating margin36.1%39.1%↑
FCF margin48.6%44.2%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)10.8%9.6%↑Top 36%
EPS growth (TTM, YoY)20.2%22.2%↓Top 43%
Gross margin15.9%77.8%↓Bottom 21%
Operating margin39.1%36.1%↑Top 29%
Net margin14.5%18.6%↓—
Free-cash-flow margin44.2%48.6%↓—
Return on invested capital5.4%—Top 36%
Revenue growth, 3-year CAGR2.7%—Bottom 34%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
2.83×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-3.6%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.0%
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
12.17×
Interest cover (operating income / interest)How many times operating profit covers interest.
1.5×

Shareholder returns

Dividend yield (dividends paid, TTM)
11.16%
Net buyback yield (TTM)
5.90%
Shareholder yield
17.06%
Share count change, 1 year
+2.2%
Share count change, 3-year CAGR
+5.5%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 5, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
3
Beats in the last 8 reports
6 of 8
Average EPS surprise, last 4
+100.0%
Average 2-day reaction, last 8
-0.7%
Positive 20 days after report
4 of 8

Analysts

Consensus price target
$14.00
Target vs current price
+9.5%
Analysts with a rating
14
Share rating Buy or Strong Buy
64%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 5, 2026+144.4%-2.5%+1.8%+3.4%—
May 5, 2026+60.0%+0.7%-2.0%-1.2%-2.0%
Feb 18, 2026+1750.0%-2.4%+6.7%+4.3%+5.9%
Nov 3, 2025-74.8%-0.3%-4.2%-4.1%+0.8%
Aug 6, 2025-62.2%-1.3%+1.1%-1.2%-15.4%
May 7, 2025+23.1%-1.8%+1.9%+2.4%-7.6%
Feb 18, 2025+119.4%-1.0%-3.0%-7.2%-11.5%
Nov 4, 2024+521.1%+2.8%+10.5%+12.5%+4.1%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 5, 2026$0.11$0.05+144.4%$44.0M
May 5, 2026$0.08$0.05+60.0%$41.9M
Feb 18, 2026$0.37$0.02+1750.0%$43.5M
Nov 3, 2025$0.02$0.08-74.8%$40.8M
Aug 6, 2025$0.03$0.08-62.2%$39.5M
May 7, 2025$0.04$0.03+23.1%$37.5M
Feb 18, 2025$0.17$0.08+119.4%$37.4M
Nov 4, 2024$0.20-$0.05+521.1%$39.2M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)24.1×52.2×7thTop 38%
P/E (forward)51.2×———
EV / EBITDA21.2×——Bottom 31%
EV / Sales8.66×——Top 48%
Free-cash-flow yield12.00%——Top 19%
Earnings yield4.15%——Top 38%

P/E over the past five years

Range 23.1× – 398.7× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+4.8%
Earnings per share growth (TTM)
+20.2%
Change in P/E multiple
-22.0%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✓ Price above 20-day average
  • ✗ Price above 50-day average
  • ✓ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
124
50-day average slope (20 days)
+0.0%
200-day average slope (20 days)
+1.5%
Distance from 50-day average
-0.2%
Distance from 200-day average
+4.3%
RSI (14)
51.5
Relative volume
1.53×

Risk and drawdowns

Volatility, 60 days (annualized)
21.2%
Volatility vs own 5-year history
28th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
0.66
Correlation with S&P 500
0.45
Current drawdown from 1-year high
-3.4%
Maximum drawdown, 3 years
-41.2%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Dec 31, 2021Dec 23, 2025-59.7%998 daysNot yet recovered

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$626.4M
P/E (TTM)
24.1
EPS, diluted (TTM)
$0.53
Revenue (TTM)
$170.2M
Dividend yield
9.38%
52-week range
$10.33 – $13.28
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$137.7M$149.0M$147.6M$149.4M$161.3M
Gross profit$104.7M$115.8M$115.3M$117.9M$9.6M
Operating income$36.0M$44.8M$50.8M$51.1M$60.0M
Net income$10.9M$10.8M$5.0M$24.0M$19.3M
EPS (diluted)-$0.09-$0.04-$0.19$0.26$0.41
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$39.2M$37.4M$37.5M$39.5M$40.8M$43.5M$41.9M$44.0M
Net income$11.7M$7.2M$5.1M$4.6M$4.1M$5.4M$7.0M$8.3M
EPS (diluted)$0.20$0.17$0.04$0.03$0.02$0.32$0.08$0.11
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$70.1M$69.2M$60.4M$57.0M$88.2M
Capital expenditure-$5.3M-$6.8M-$6.7M-$12.8M-$21.0M
Free cash flow$64.8M$62.4M$53.7M$44.2M$67.2M
Dividends paid-$67.1M-$71.1M-$60.6M-$62.8M-$68.2M
Net share buybacks$0$48.2M$8.1M$53.7M$56.8M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$10.4M
Total assets
$1.24B
Total liabilities
$1.09B
Total debt
$858.7M
Net debt
$848.4M
Shareholders’ equity
$157.4M

As of Jun 30, 2026 (filed Aug 5, 2026).

Dividends

Ex-dateAmountPaid
Sep 21, 2026$0.10Sep 30, 2026
Aug 18, 2026$0.10Aug 31, 2026
Jul 24, 2026$0.10Jul 31, 2026
Jun 23, 2026$0.10Jun 30, 2026
May 20, 2026$0.10May 29, 2026
Apr 24, 2026$0.10Apr 30, 2026
Mar 23, 2026$0.10Mar 31, 2026
Feb 18, 2026$0.10Feb 27, 2026

Short interest

Shares sold short
3,981,306
Days to cover
12.26
Change vs previous report
+5.9%

FINRA short interest, settlement date Sep 15, 2026.