Gladstone Land Corporation (LAND)

Market Cap	428.79M
Revenue (ttm)	88.45M
Net Income (ttm)	-9.29M
Shares Out	36.18M
EPS (ttm)	-0.26
PE Ratio	n/a
Forward PE	n/a
Dividend	$0.56 (4.73%)
Ex-Dividend Date	Dec 20, 2024

Volume	260,616
Open	11.90
Previous Close	11.92
Day's Range	11.75 - 11.95
52-Week Range	11.75 - 15.36
Beta	1.08
Analysts	Strong Buy
Price Target	17.33 (+46.25%)
Earnings Date	Nov 6, 2024

About LAND

Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 169 farms, comprised of approximately 116,000 acres in 15 different states and over 45,000 acre-feet of banked water in California, valued at a total of approximately $1.6 billion. Gla...

• Industry: REIT - Specialty
• Sector: Real Estate
• IPO Date: Jan 29, 2013
• Employees: 70
• Stock Exchange: NASDAQ
• Ticker Symbol: LAND
• Website: https://www.gladstonefarms.com

Financial Performance

In 2023, Gladstone Land's revenue was $90.34 million, an increase of 1.32% compared to the previous year's $89.16 million. Losses were -$9.85 million, -34.36% less than in 2022.

Analyst Forecast

According to 4 analysts, the average rating for LAND stock is "Strong Buy." The 12-month stock price forecast is $17.33, which is an increase of 46.25% from the latest price.

Price Target

$17.33

(46.25% upside)

Analyst Consensus: Strong Buy