Gladstone Land Corporation (LAND)
NASDAQ: LAND · Real-Time Price · USD
13.84
-0.07 (-0.50%)
At close: Sep 26, 2024, 4:00 PM
13.82
-0.02 (-0.14%)
After-hours: Sep 26, 2024, 4:27 PM EDT
Gladstone Land Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Gladstone Land stock have an average target of 17.33, with a low estimate of 16 and a high estimate of 20. The average target predicts an increase of 25.22% from the current stock price of 13.84.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 11, 2024.
Analyst Ratings
The average analyst rating for Gladstone Land stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Maxim Group | Maxim Group | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Aug 12, 2024 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Initiates $16 | Strong Buy | Initiates | $16 | +15.61% | Jun 11, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $20 → $16 | Buy | Maintains | $20 → $16 | +15.61% | May 15, 2024 |
| Maxim Group | Maxim Group | Strong Buy Maintains $19 → $16 | Strong Buy | Maintains | $19 → $16 | +15.61% | May 9, 2024 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +44.51% | Feb 22, 2024 |
Financial Forecast
Revenue This Year
85.70M
Revenue Next Year
88.53M
from 85.70M
Increased by 3.31%
EPS This Year
-0.21
from -0.28
EPS Next Year
-0.38
from -0.21
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 91.9M | 97.1M | 105.4M | ||
| Avg | 85.7M | 88.5M | 97.0M | ||
| Low | 78.9M | 81.4M | 88.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 13.3% | 19.0% | ||
| Avg | - | 3.3% | 9.5% | ||
| Low | - | -5.0% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.15 | -0.27 | -0.18 |
| Avg | -0.21 | -0.38 | -0.17 |
| Low | -0.28 | -0.47 | -0.17 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.