▲ +12.89% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Gladstone Commercial in the last 3 months. The average price target is $20.75, with a high forecast of $22.00 and a low forecast of $20.00. The average price target represents a 12.89% upside from the last price of $18.38.
The current consensus among 4 contributing investment analysts is to buy stock in Gladstone Commercial. This Buy consensus rating has held steady for over two years.
Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. Including payments through September 2020, Gladstone Commercial has paid 189 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, Gladstone Commercial paid five consecutive quarterly cash distributions. The company has also paid 53 consecutive monthly cash distributions on its Series D Preferred Stock, 12 consecutive monthly cash distributions on its Series E Preferred Stock and three consecutive monthly cash distributions on its Series F Preferred Stock. Gladstone Commercial has never skipped, reduced or deferred a distribution since its inception in 2003.