Stock Fundamentals

Company Information

Company Name
Gladstone Commercial Corporation
Sector
Real Estate
Industry
REIT - Diversified
Exchange
NASDAQ
ISIN: US3765361080
CIK: 0001234006
CUSIP: 376536108
Currency: USD
Full Time Employees: 0
Phone: 703 287 5800
Fiscal Year End: December
IPO Date: Aug 14, 2003
Description:

Gladstone Commercial is an established real estate investment trust (REIT) that invests in single tenant and anchored multi-tenant net leased assets. As of June 30, 2025, we owned approximately 17.0 million square feet of primarily industrial and office real estate nationwide. We partner with a variety of tenants"from middle market private businesses to investment grade rated companies. We acquire properties through third party purchases, sale leaseback transactions, and by partnering with developers in build-to-suit transactions. As of June 30, 2025, total assets were approximately $1.2 billion, representing investments in 143 properties. Our properties are leased to 107 tenants who represent 20 diversified industries across 27 states. At June 30, 2025, our leases had an average remaining term of 7.1 years. In addition, approximately 51% of our tenants have an investment grade or investment grade equivalent credit rating.

Address:

1521 Westbranch Drive, McLean, VA, United States, 22102-3211

Directors & Officers

Name Title Year Born
Ms. Paula Novara Head of Resource Management & Director 1970
Mr. David John Gladstone Founder, Chairman & CEO 1942
Mr. Arthur S. Cooper President 1958
Mr. Gary Gerson CFA CFO & Assistant Treasurer 1964
Mr. Michael Bernard LiCalsi Esq., J.D. Chief Administrative Officer, Co-General Counsel & Co-Secretary 1970
Mr. John Anthony Dellafiora Jr., CPA Chief Compliance Officer NA
Mr. Ryan Carter CPA Executive VP and Head of West & Midwest Region NA
Mr. Todd Alan McDonald Senior Vice President & Head of South Central Region NA
Mr. Erich Hellmold Co-General Counsel & Co-Secretary NA

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Vanguard Group Inc 4.82M Dec 31, 2025 9.96% $0.00 0.43%
BlackRock Inc 4.10M Sep 30, 2025 8.47% $0.00 0.40%
State Street Corp 1.44M Sep 30, 2025 2.97% $0.00 0.67%
Renaissance Technologies Corp 1.29M Dec 31, 2025 2.66% $0.02 -14.36%
Geode Capital Management, LLC 1.25M Sep 30, 2025 2.59% $0.00 2.73%
Amvescap Plc. 928.24K Sep 30, 2025 1.92% $0.00 33.61%
Qube Research & Technologies 823.86K Sep 30, 2025 1.70% $0.01 56.70%
Charles Schwab Investment Management Inc 730.50K Dec 31, 2025 1.51% $0.00 7.39%
JPMorgan Chase & Co 673.58K Sep 30, 2025 1.39% $0.00 213.67%
Dimensional Fund Advisors, Inc. 635.77K Dec 31, 2025 1.31% $0.00 4.66%
Arrowstreet Capital Limited Partnership 498.57K Dec 31, 2025 1.03% $0.00 -12.74%
Northern Trust Corp 453.65K Sep 30, 2025 0.94% $0.00 3.17%
XML Financial, LLC 368.36K Sep 30, 2025 0.76% $0.37 -7.53%
Morgan Stanley - Brokerage Accounts 323.54K Sep 30, 2025 0.67% $0.00 7.44%
LSV Asset Management 310.40K Dec 31, 2025 0.64% $0.01 0.00%
AQR Capital Management LLC 303.78K Sep 30, 2025 0.63% $0.00 17.77%
Citadel Advisors Llc 279.16K Sep 30, 2025 0.58% $0.00 98.79%
State of New Jersey Common Pension Fd D 265.49K Dec 31, 2025 0.55% $0.01 17.87%
Millennium Management LLC 253.99K Sep 30, 2025 0.52% $0.00 -42.76%
Bank of New York Mellon Corp 219.66K Sep 30, 2025 0.45% $0.00 -2.68%

Shares Statistics

Shares Outstanding: 48.41M
Shares Float: 47.81M
% Insiders: 124.00%
% Institutions: 5,299.90%
Short % Float: 5.26%

🏆 Top 10 Institutional Holders

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard Group Inc 4.82M 9.96% ▲ 0.43% Dec 31, 2025
2 BlackRock Inc 4.10M 8.47% ▲ 0.40% Sep 30, 2025
3 State Street Corp 1.44M 2.97% ▲ 0.67% Sep 30, 2025
4 Renaissance Technologies Corp 1.29M 2.66% ▼ 14.36% Dec 31, 2025
5 Geode Capital Management, LLC 1.25M 2.59% ▲ 2.73% Sep 30, 2025
6 Amvescap Plc. 928.24K 1.92% ▲ 33.61% Sep 30, 2025
7 Qube Research & Technologies 823.86K 1.70% ▲ 56.70% Sep 30, 2025
8 Charles Schwab Investment Management Inc 730.50K 1.51% ▲ 7.39% Dec 31, 2025
9 JPMorgan Chase & Co 673.58K 1.39% ▲ 213.67% Sep 30, 2025
10 Dimensional Fund Advisors, Inc. 635.77K 1.31% ▲ 4.66% Dec 31, 2025

Valuation Metrics

Enterprise Value: $1.44B
Trailing P/E: 89.21
Forward P/E: 50.00

Financial Highlights

Market Cap: $609.93M
EBITDA: $112.31M
P/E Ratio: $89.21
PEG Ratio: $-62.67
Book Value: $3.55
Dividend/Share: $1.20
Dividend Yield: 9.40%
Earnings/Share: $0.14
Profit Margin: 11.95%
Operating Margin: 40.03%
ROA (TTM): 3.20%
ROE (TTM): 5.65%
Revenue (TTM): $161.34M
Revenue/Share (TTM): $3.47
Earnings Growth (YOY): -50.60%
Revenue Growth (YOY): 16.30%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

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Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios (Yearly)

Financial Ratios (Quarterly)

Earnings History

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 1.63x 2.46x 0.73x 1.43x 7.05x
2024-12-31 1.10x 4.05x 0.84x 1.37x 5.91x
2023-12-31 0.43x 4.82x 0.86x 1.36x 7.38x
2022-12-31 0.37x 3.67x 0.83x 1.38x 7.24x
2021-12-31 0.29x 3.51x 0.82x 1.34x 7.30x
2020-12-31 0.41x 3.14x 0.80x 1.38x 6.88x
2019-12-31 0.29x 3.01x 0.80x 1.27x 6.97x
2018-12-31 0.98x 2.31x 0.73x 1.36x 6.91x
2017-12-31 2.00x 2.16x 0.71x 1.36x 7.87x
2016-12-31 1.12x 2.21x 0.72x 1.28x 7.85x
2015-12-31 0.94x 2.27x 0.72x 1.22x 7.94x
2014-12-31 0.96x 4.42x 0.72x 2.27x 19.57x
2013-12-31 1.46x 4.75x 0.73x 1.20x 17.85x
2012-12-31 1.01x 6.26x 0.78x 1.30x 18.77x
2011-12-31 2.17x 1.88x 0.70x 1.37x 6.89x
2010-12-31 6.12x 4.46x 0.73x 1.08x 14.11x
2009-12-31 0.60x 1.99x 0.72x 0.25x 6.69x
2008-12-31 0.64x 2.27x 0.70x 1.28x 8.66x
2007-12-31 10.17x 3.03x 0.62x 1.47x 15.69x
2006-12-31 32.48x 2.02x 0.52x 1.30x 15.27x
2005-12-31 64.37x 2.12x 0.52x 2.50x 20.17x
2004-12-31 35.29x 0.00x 0.03x N/A 0.00x
2003-12-31 446.89x 0.00x 0.00x N/A 0.00x

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Feb 25, 2026 Gary Gerson N/A Purchase 275.00 $12.46 $3.43K
Nov 13, 2025 Gary Gerson N/A Purchase 100.00 $11.31 $1.13K
Nov 11, 2025 Gary Gerson N/A Purchase 7.60K $11.05 $83.98K
Nov 11, 2025 Gary Gerson N/A Purchase 300.00 $11.05 $3.32K
Nov 06, 2025 Gary Gerson N/A Purchase 500.00 $10.65 $5.33K

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