Gladstone Commercial Corp (GOOD)

• Market cap: $690M
• Sector: Real Estate
• Industry: Lessors of Real Property

About: Gladstone Commercial Corp is a real estate investment trust, which engages in investing and owning net leased industrial, commercial, and retail real property and making long-term industrial and commercial mortgage loans. Its portfolio consists of single-tenant commercial, industrial real properties, and medical properties nationwide. Its principal investment objectives are to generate income from rental properties.

Employees: 69

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

212% more call options, than puts

Call options by funds: $1.26M | Put options by funds: $402K

39% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 36

1% more funds holding

Funds holding: 150 [Q1] → 152 (+2) [Q2]

10% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 21

4% more capital invested

Capital invested by funds: $245M [Q1] → $256M (+$10.9M) [Q2]

0.62% more ownership

Funds ownership: 44.28% [Q1] → 44.9% (+0.62%) [Q2]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $15 8% downside
• Avg. target: $15 8% downside
• High target: $15 8% downside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

B. Riley Securities Craig Kucera 67% 1-year accuracy 2 / 3 met price target

8% downside $15

Neutral Reiterated

10 Oct 2024