NASDAQ · REIT - Diversified · USD

Gladstone Commercial Corporation (GOODN) Stock Analysis

Gladstone Commercial Corporation (GOODN) is a REIT - Diversified stock listed on NASDAQ and quoted in US Dollar.

GOODN

$22.99

−$0.31 (−1.33%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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GOODN Key Statistics

As of Sep 4, 2026

Trading

Open: $22.65
Previous Close: $23.30
Day's Range: 22.65–22.99
52-Week Range: 20.91–23.91
Volume: 2.50K
Beta: 1.07

Valuation

P/E Ratio: unprofitable
EPS (ttm): −0.03

Financials (FY)

Revenue (FY): $161.34M+8.00%
Net Income (FY): $19.29M−19.63%
Profit margin: 14.54%
1-Year Return: +9.69%

Dividend and dates

Dividend: $1.66+7.11%
Ex-Dividend Date: September 21, 2026
Avg Volume: 2.40K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

GOODN Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+6.14%+3.40%+10.15%−6.88%−1.72%+17.87%+9.52%+4.37%

2019*2020202120222023202420252026*

Year	Return
2026 (partial year)	+4.37%
2025	+9.52%
2024	+17.87%
2023	−1.72%
2022	−6.88%
2021	+10.15%
2020	+3.40%
2019 (partial year)	+6.14%

As of September 4, 2026.

GOODN Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$161.34M	$19.29M	12.0%
2024	$149.39M	$24.00M	16.1%
2023	$147.58M	$4.99M	3.4%
2022	$148.98M	$10.81M	7.3%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$161.34M	$126.07M	$58.44M	$19.29M	12.0%
2024	$149.39M	$117.86M	$51.14M	$24.00M	16.1%
2023	$147.58M	$115.35M	$50.78M	$4.99M	3.4%
2022	$148.98M	$115.82M	$44.83M	$10.81M	7.3%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

GOODN Dividend History

’19’20’21’22’23’24’25’26*

$1.66+0.0% vs 2024

Dividends per share, 2025 · 12 payments

Year	Dividends per share	Payments	Change
2026*	$1.10	8	—
2025	$1.66	12	+0.0%
2024	$1.66	12	+0.0%
2023	$1.66	12	+0.0%

Year	Dividends per share	Payments	Change
2026 (partial year)	$1.10	8	—
2025	$1.66	12	+0.0%
2024	$1.66	12	+0.0%
2023	$1.66	12	+0.0%
2022	$1.66	12	+0.0%
2021	$1.66	12	+0.0%
2020	$1.66	12	+308.9%
2019	$0.41	3	—

Most recent payment: $0.14 per share, ex-dividend August 18, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

GOODN Valuation vs REIT - Diversified Median

Median of 20 stocks

Metric	GOODN	REIT - Diversified median	vs median
Profit margin	14.54%	1.71%	12.8 pts above

Medians across 20 REIT - Diversified stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

The record here covers Gladstone Commercial Corporation, ticker GOODN. The company sits in the Real Estate sector, in the REIT - Diversified industry.

The 52-week range on file runs from $20.91 to $23.91. GOODN last closed at $22.99 on September 4, 2026. That is −$0.31 (−1.33%) against the previous close. The latest close sits 9.95% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $161.34M. That is +8.00% against the prior fiscal year, when revenue was $149.39M. The same year closed with net income of $19.29M. That is −19.63% against the prior fiscal year. Profit margin runs at 14.54%. That is 12.8 percentage points above the REIT - Diversified median of 1.71%. Trailing earnings per share are −0.03.

Across the 4 fiscal years on file, revenue moves from $148.98M in 2022 to $161.34M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative.

Beta against the wider market is reported at 1.07. Daily returns over the trailing 6 years annualize to a volatility of 18.32%. The trailing one-year price return is +9.69%. Across 5 years the annualized return works out at +4.06%.

Growth & Income

Shareholders receive a dividend, yielding 7.11% on the latest price. At the indicated rate that is $1.66 a share a year. The ex-dividend date on file is September 21, 2026. Dividends are recorded for 8 calendar years; 2026 shows 8 payments totalling $1.10 a share. The year before, 2025, totalled $1.66 a share.

The strongest complete calendar year on file is 2024 at +17.87%; the weakest is 2022 at −6.88%. Of the 6 complete calendar years on file, 4 finished higher. So far in 2026 the price is +4.37%.

Peer Comparison

Gladstone Commercial Corporation (GOODN) operates in the REIT - Diversified industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Gladstone Commercial Corporation	GOODN	—	—
VICI Properties Inc.	VICI	$27.99B	9.8
W. P. Carey Inc.	WPC	$16.03B	24.1
Broadstone Net Lease, Inc.	BNL	$4.43B	27.4

The REIT - Diversified industry average P/E ratio is 27.4x. Gladstone Commercial Corporation has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Gladstone Commercial Corporation

Gladstone Commercial is a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties across the United States. As of March 31, 2026, Gladstone Commercial's real estate portfolio consisted of 151 properties located in 27 states, totaling approximately 17.7 million square feet. Gladstone Commercial Corporation was established on February 14, 2003 and incorporated in Maryland and is based in McLean, Virginia.

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