Reviewing Gladstone Commercial (NASDAQ:GOODN) and Terreno Realty (NYSE:TRNO)

Gladstone Commercial (NASDAQ:GOODN) and Terreno Realty (NYSE:TRNO) are both real estate companies, but which is the superior stock? We will compare the two businesses based on the strength of their dividends, valuation, institutional ownership, analyst recommendations, profitability, risk and earnings.

Valuation & Earnings

This table compares Gladstone Commercial and Terreno Realty”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Gladstone Commercial	$170.20 million	N/A	N/A	N/A	N/A
Terreno Realty	$476.38 million	15.76	$402.99 million	$3.73	18.47

Terreno Realty has higher revenue and earnings than Gladstone Commercial.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Gladstone Commercial and Terreno Realty, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Gladstone Commercial	0	0	0	0	0.00
Terreno Realty	2	3	7	1	2.54

Terreno Realty has a consensus price target of $72.86, suggesting a potential upside of 5.78%. Given Terreno Realty’s stronger consensus rating and higher possible upside, analysts plainly believe Terreno Realty is more favorable than Gladstone Commercial.

Dividends

Gladstone Commercial pays an annual dividend of $1.66 per share and has a dividend yield of 7.1%. Terreno Realty pays an annual dividend of $2.08 per share and has a dividend yield of 3.0%. Terreno Realty pays out 55.8% of its earnings in the form of a dividend. Terreno Realty has raised its dividend for 5 consecutive years.

Profitability

This table compares Gladstone Commercial and Terreno Realty’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Gladstone Commercial	N/A	N/A	N/A
Terreno Realty	77.22%	9.21%	7.07%

Summary

Terreno Realty beats Gladstone Commercial on 9 of the 11 factors compared between the two stocks.

About Gladstone Commercial

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 January 2024, Gladstone Commercial has paid 229 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, Gladstone Commercial paid five consecutive quarterly cash distributions. Gladstone Commercial has never skipped or deferred a distribution since its inception in 2003.

About Terreno Realty

Terreno Realty Corporation (Terreno, and together with its subsidiaries, the Company) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. All square feet, acres, occupancy and number of properties disclosed in these notes to the consolidated financial statements are unaudited. As of December 31, 2023, the Company owned 259 buildings aggregating approximately 16.0 million square feet, 45 improved land parcels consisting of approximately 152.4 acres, seven properties under development or redevelopment and approximately 62.7 acres of land entitled for future development. The Company is an internally managed Maryland corporation and elected to be taxed as a real estate investment trust (REIT) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the Code), commencing with its taxable year ended December 31, 2010.