GLADSTONE COMMERCIAL REIT CORP (GOOD)
Real Estate · Diversified REIT · NASDAQ
A diversified industrial and office REIT that generates stable monthly cash distributions from long-term net leases across a 151-property portfolio in secondary growth markets.
What GLADSTONE COMMERCIAL REIT CORP does
Gladstone Commercial Corporation is a REIT that acquires, owns, and manages primarily industrial and office properties through long-term net leases. As of February 2026, the company owned 151 properties totaling 17.7 million square feet across 27 states, with a 99.1% occupancy rate. The company generates income from lease revenues and distributes cash to shareholders monthly, using a combination of leverage, equity issuances, and operating cash flow to finance acquisitions.
Themes: Commercial real estate / net lease, Industrial property investment, REIT / dividend income, Secondary growth markets, Property portfolio diversification
Fundamentals
- Price$12.91 as of 2026-08-21 close
- Market cap$625M as of 2026-08-21
- 1-year return-1.5% 2025-08-21 close $13.10 → 2026-08-21 close $12.91
- P/E25.91 as of 2026-08-24
- Net margin+14.5% as of 2026-08-24
- Gross margin+79.3% as of 2026-08-24
- ROE+7.3% as of 2026-08-24
- Debt / equity2.61 as of 2026-08-24
- Revenue growth (YoY)+10.8% as of 2026-08-24
- Revenue CAGR (3y)+2.7% SEC XBRL
- Beta1.08 as of 2026-08-24
- Last reported earnings2026-08-05 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +9.5%; 3-year non-decreasing per-share dividend streak (SEC XBRL).
How GOOD compares in its sector
- price-to-earnings ratiomiddle range 127 covered Real Estate peers, as of 2026-08-24
- net profit marginmiddle range 161 covered Real Estate peers, as of 2026-08-24
- operating margintop 25% 161 covered Real Estate peers, as of 2026-08-24
- gross margintop 25% 156 covered Real Estate peers, as of 2026-08-24
- return on equitymiddle range 162 covered Real Estate peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 155 covered Real Estate peers
- indicated dividend yieldtop 10% 138 covered Real Estate peers, as of 2026-08-24
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Exceeded at least one reported measure. In FY2025, GOOD's dividend exceeded at least one reported measure of what it earned or generated (earnings payout 353%, operating-cash-flow payout 77%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.
- Earnings payout353% dividends / net income
- Operating-cash-flow payout77% dividends / operating cash flow — capital spending was not reported, so this does not subtract it
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How GLADSTONE COMMERCIAL REIT CORP looks technically
GLADSTONE COMMERCIAL REIT CORP (GOOD) is trading 8.0% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 82 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 11, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 52, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 8 trading days ago (its momentum flipped positive). It made a new 20-day high about 7 trading days ago. It is 4.2% below its 52-week high (its highest price of the past year).
Trend
8
| Distance from the 200-day | it is trading 8.0% above its 200-day average, the long-term trend line — a longer-term uptrend | +8.0% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $12.65 | $12.65 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $11.95 | $11.95 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing high 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 13.2799. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave upward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 82 trading days ago — a "golden cross", a bullish long-term signal | 82 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 11, below the 25 that marks a real trend) | 11.2 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 52, neither overbought (above 70) nor oversold (below 30) | 52.1 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($12.11 to $13.28) — its "stochastic" reading is 68 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 68.4 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 8 trading days ago (its momentum flipped positive) | 8 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $13.47 | $13.47 |
|---|---|---|
| From the 52-week high | it is 4.2% below its 52-week high (its highest price of the past year) | -4.2% |
| Above the 52-week low | it is 25.0% above its 52-week low (its lowest price of the past year) | +25.0% |
| Below the 52-week high | it is 4.2% below its highest point of the past year | 4.2% |
| Since a 20-day breakout | it made a new 20-day high about 7 trading days ago | 7 sessions |
| Since a 55-day breakout | it made a new 55-day high about 7 trading days ago | 7 sessions |
| All-time high | its highest closing price on record is $26.13 (set on 2022-01-03) | $26.13 |
| Given back of the 52-week move | over the past year its closes ranged ($10.38 to $13.45), and it has recovered almost all of its fall from last year’s high — 82% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $12.28 to $12.38. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 82.4% |
| From the all-time high | it is 50.6% below its all-time high | -50.6% |
| Nearest price level | it is sitting right on a support level at $12.86 — a price it turned at 7 times since 2025-04-09, most recently on 2026-07-07. Since 2024-08-21 it has 7 such levels below the current price and 8 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -0.4% |
| All-time low | its lowest closing price on record is $5.36 (set on 2009-02-24) | $5.36 |
| Above the all-time low | it is 140.9% above its all-time low | +140.9% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 71% of it) | 29th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.262 between its high and its low — about 2.0% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.262 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $12.35 and $13.29 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $12.35 – $12.82 – $13.29 |
| Typical daily range (% of price) | its price moves about 2.0% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.0% |
| Stretch from the 200-day average | it is trading 3.7 daily ranges above its 200-day average price (8.0% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 3.7 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.80× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
3
| Since a doji | 4 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 4 sessions ago |
|---|---|---|
| Since a bullish engulfing | 7 sessions ago it opened below the previous session's close and finished above that session's open — a "bullish engulfing" pair, where one up day more than undid the down day before it | 7 sessions ago |
| Since a bearish engulfing | 5 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 5 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-08-21 0.5% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.5% |
|---|---|---|
| Open gap | it gapped 4.7% above the previous close 11 sessions ago and has not traded back through the level it left behind at 12.24 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +4.7% |
| Gap filled | a 2.1% gap up opened on 2026-06-11 has been "filled" 47 sessions ago — price traded back through the level the gap left behind, and it took 1 session to close | 47 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 2 sessions in a row, a -1% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 2 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 3.9 percentage points (the stock lost 1.6% while the market gained 2.3%) | -3.9% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 2.9 percentage points (the stock gained 0.2% while the market gained 3.1%) | -2.9% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 8.2 percentage points (the stock gained 2.9% while the market gained 11.1%) | -8.2% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 21.9 percentage points (the stock lost 1.5% while the market gained 20.5%) | -21.9% |
Signal agreement
2
| Bullish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, MACD momentum is positive, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: lagging the market over 6 months — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 2.1% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is thin, spanning 0.8% of the share price, which is taken to mean a barrier that gives way easily. | +2.1% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 6% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $12.24 — a volume-weighted average of daily closes over 156 sessions, not a true tick-by-tick VWAP. | +5.5% |
|---|---|---|
| Vs the average paid since it last reported | the price is sitting right on the average price paid since it last reported on 2026-08-05 (its 10-Q), so the typical buyer over that stretch is roughly break-even. That average is $12.87 — a volume-weighted average of daily closes over 13 sessions, not a true tick-by-tick VWAP. | +0.3% |
Price levels it has turned at before
GOOD last closed at $12.91 on 2026-08-21. Since 2024-08-21 it has turned at 7 prices below its last close and 8 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $12.86 | Support | 0.4% below the last close | turned there 7 times · 2025-04-09 to 2026-07-07 |
| $13.34 | Resistance | 3.4% above the last close | turned there six times · 2025-05-08 to 2026-08-14 |
| $12.23 | Support | 5.2% below the last close | turned there four times · 2026-04-24 to 2026-08-05 |
| $13.75 | Resistance | 6.5% above the last close | turned there twice · 2025-04-25 to 2025-05-22 |
| $11.82 | Support | 8.5% below the last close | turned there four times · 2025-10-15 to 2026-06-17 |
| $14.42 | Resistance | 11.7% above the last close | turned there four times · 2025-03-21 to 2025-05-12 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $13.28.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
This reading has stood for 1 trading day, since 2026-08-21.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · trendless / choppy (low ADX) · lagging the market · Trading above the Ichimoku cloud · Near a support level (sitting on a price it has bounced off before) | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (1.75 mean, 1=Strong Buy…5=Strong Sell) — 4 analysts
- Mean price target$14.13 range $12.50 – $15.00; median $14.50
Analyst estimates, as of 2026-08-21. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for GOOD
- Consensus EPS estimate$0.05 next reporting period, as of 2026-08-21
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Interest rate and leverage risk: The company carries mortgage debt with a weighted average interest rate of 4.21% and senior unsecured notes at 6.22%, exposing it to refinancing and rate-increase risks.","Tenant and lease concentration risk: Performance depends on tenant creditworthiness and lease renewals, particularly given exposure to private and non-rated companies without public debt.","Real estate market cyclicality: The company's portfolio value and occupancy are exposed to economic downturns, sectoral shifts, and regional market conditions across its 27-state footprint."]
What changed in the latest 10-Q
AI-assisted comparison of GOOD's 10-Q filed 2026-05-05 against the prior one filed 2025-11-03.
Management's Discussion & Analysis (MD&A)
- Added:
- Added statement about weighted average remaining term of senior unsecured notes at 4.2 years with weighted average interest rate of 6.22% (as of May 5, 2026)
- Added Business Environment discussion of first quarter 2026 macroeconomic conditions including Middle East conflict
- Added reference to Iran conflict at end of February 2026 affecting 10-year treasury yield movements
- Added Cushman & Wakefield data on Q1 2026 industrial net absorption of 40.0 million square feet with 52% year-over-year increase
- Added statement that national industrial vacancy rate declined 10 basis points to 7.0% in Q1 2026
- Added Cushman data on new construction deliveries of 54.0 million square feet in Q1 2026, representing 27% decline year-over-year
- Added specific disclosure about October 2025 Credit Facility amendment, extension, and upsizing from $525.0 million to $600.0 million with option to increase to $850.0 million
- Added disclosure about December 2025 issuance of $85.0 million private placement of 5.99% 2030 Notes
- Removed:
- Removed reference to Annual Report on Form 10-K for year ended December 31, 2024 (replaced with 2025)
- Removed detailed description of Q3 2025 business environment including 'Liberation Day' tariff announcements and Federal Reserve 25 basis point rate cut
- Removed reference to government shutdown and tariff announcements causing pause in confidence
- Removed Cushman Q3 2025 data showing 45.1 million square feet quarterly net absorption and 30% quarter-over-quarter increase
- Removed Cushman Q3 2025 industrial rent growth figure of 1.7% year-over-year
- Removed reference to nine months ended September 30, 2025 rent collection data
- Removed reference to December 18, 2024 issuance of $75.0 million senior unsecured notes
- Removed reference to May 30, 2025 entry into $20.0 million unsecured Term Loan D
- Removed language about 'mitigates' exposure to regional issues and modified phrase structure regarding exposure to regulatory/weather-related issues
- Reworded:
- Changed reference date from 'November 3, 2025' to 'May 5, 2026'
- Changed occupancy rate from 99.1% to 98.7%
- Changed weighted average remaining term of mortgage debt from 2.8 years to 2.4 years
- Changed weighted average interest rate of mortgage debt from 4.22% to 4.20%
- Changed average remaining lease term of portfolio from 7.4 years to 7.2 years
- Changed rent collection statement from 'nine months ended September 30, 2025' to 'three months ended March 31, 2026'
- Changed phrase from 'mitigates our exposure' to 'helps limit our exposure'
- Changed phrase structure regarding risk exposure from 'including regulations or laws implemented by state and local governments in any one geographic market or area' to 'risks in any one geographic market or area'
- Changed reference to 'asset management teams' to 'asset management'
- Removed reference to 'lenders' observations' regarding credit availability
- Notes:
- The newer filing text appears to be truncated at the end ('We are in compliance with all of our debt cove'), making comparison of closing statements incomplete
- Older filing text also appears truncated at the end, limiting full comparison of final disclosures
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
3 open-market purchases and 0 open-market sales by insiders in the last 90 days.
- Last 30 days1 buy ($1258) · 0 sells — 1 buying insider
- Last 90 days3 buys ($3735) · 0 sells — 1 buying insider
- Last 180 days5 buys ($6149) · 0 sells — 1 buying insider
Activity heuristic: net buying (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-08-03. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about GOOD's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
GOOD had 3,593,798 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
GOOD had 7.42% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 8.63 days to cover at the same settlement.
- Reported short interest (shares) 3,593,798
- Short interest (% of shares outstanding) 7.42%
- Prior settlement (shares) 3,589,727
- Reported change 0.11%
- Days to cover (reported) 8.63
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- STORE Capital Corporation (STOR)
- Spirit Realty Capital (SRC)
- Realty Income Corporation (O)
- W. P. Carey Inc. (WPC)
- Four Corners Property Trust (FCPT)
- Lexington Realty Trust (LXP)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare GOOD vs…
Frequently asked questions
What does GLADSTONE COMMERCIAL REIT CORP (GOOD) do?
Gladstone Commercial Corporation is a REIT that acquires, owns, and manages primarily industrial and office properties through long-term net leases. As of February 2026, the company owned 151 properties totaling 17.7 million square feet across 27 states, with a 99.1% occupancy rate. The company generates income from lease revenues and distributes cash to shareholders monthly, using a combination of leverage, equity issuances, and operating cash flow to finance acquisitions.
What sector is GLADSTONE COMMERCIAL REIT CORP (GOOD) in?
GLADSTONE COMMERCIAL REIT CORP (GOOD) is classified in the Real Estate sector. Its industry is Diversified REIT. It trades on NASDAQ.
Does GOOD pay a dividend?
Yes — GLADSTONE COMMERCIAL REIT CORP (GOOD) pays a dividend, with an indicated yield of about 9.48% and 3-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-08-24). Informational only — not financial advice.
Who are GLADSTONE COMMERCIAL REIT CORP's (GOOD) competitors?
Notable peers of GLADSTONE COMMERCIAL REIT CORP (GOOD) include STORE Capital Corporation, Spirit Realty Capital, Realty Income Corporation, W. P. Carey Inc. and Four Corners Property Trust. This peer set is informational only — not financial advice.
Is GLADSTONE COMMERCIAL REIT CORP (GOOD) overbought or oversold right now?
GLADSTONE COMMERCIAL REIT CORP (GOOD) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 52, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on GOOD come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.