Gladstone Land Corporation (LAND)
| Market Cap | 376.68M |
| Revenue (ttm) | 85.16M |
| Net Income (ttm) | -10.46M |
| Shares Out | 36.18M |
| EPS (ttm) | -0.29 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.56 (5.38%) |
| Ex-Dividend Date | Mar 19, 2025 |
| Volume | 244,059 |
| Open | 10.51 |
| Previous Close | 10.51 |
| Day's Range | 10.36 - 10.54 |
| 52-Week Range | 10.27 - 15.36 |
| Beta | 1.11 |
| Analysts | Buy |
| Price Target | 16.00 (+53.77%) |
| Earnings Date | May 6, 2025 |
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... [Read more]
Financial Performance
In 2024, Gladstone Land's revenue was $85.16 million, a decrease of -5.74% compared to the previous year's $90.34 million. Losses were -$10.46 million, 6.12% more than in 2023.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for LAND stock is "Buy." The 12-month stock price forecast is $16.0, which is an increase of 53.77% from the latest price.
News
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Gladstone Land: Unpacking A Farmland REIT Business Model
Gladstone Land Corporation focuses on acquiring U.S. farmland but faces challenges due to low economic yield and high financing costs. LAND's share price has declined by over 50% despite stable underl...
Gladstone Land: You Shouldn't Get 7.5% Yield On Preferreds, Yet Here We Are
Gladstone Land's Q4-2024 performance was disappointing, with a 37% decline in FFO. We value the company primarily via NAV, as farmland is not the best cash flow generator. We like the preferred shares...
Gladstone Land Corporation (LAND) Q4 2024 Earnings Call Transcript
Gladstone Land Corporation (LAND) Q4 2024 Earnings Call Transcript
Gladstone Land Announces Fourth Quarter and Year Ended 2024 Results
Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision. MCLEAN, VA / ACCESS Newswire / February 19, 202...
Gladstone Securities Announces Launch of Gladstone Alternative Income Fund and Anticipated March Distribution Declaration Date
MCLEAN, VA / ACCESS Newswire / February 19, 2025 / Gladstone Securities LLC (an affiliated broker-dealer of The Gladstone Companies, Inc.) that acts as dealer manager on alternative investment offerin...
Gladstone Land Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESS Newswire / February 18, 2025 / Gladstone Land Corporation (Nasdaq:LAND) announces the following event: What: Gladstone Land Corporation's Fourth Quarter Ended December 31, 2024, Ea...
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Gladstone Land Announces Gain on Exit from Northern Nebraska Farms
MCLEAN, VA / ACCESS Newswire / February 4, 2025 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that it has completed the sale of two farms in northern Nebrask...
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Gladstone Land Announces Gain on Sale of Five Farms
MCLEAN, VA / ACCESS Newswire / January 29, 2025 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced that it has completed the sale of a property in Florida (consis...
Gladstone Land Reports No Damage to Farms from California Wildfires
MCLEAN, VA / ACCESS Newswire / January 27, 2025 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that none of its California farms have been impacted by the rec...
Gladstone Land Announces Monthly Cash Distributions for January, February and March 2025 and Earnings Release and Conference Call Dates for the Fourth Quarter Ended December 31, 2024
Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distributions for each of January, February and Mar...
Gladstone Land: A Record 5% Dividend Yield From U.S. Farmland
Gladstone Land owns 168 farms and nearly 54,000 acre-feet of water assets, with a 99.5% occupancy rate, but shares have dipped 20% over the last year. The REIT's NAV per share stands at $15.57, tradin...
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Gladstone Land: I'm Sticking With The Preferred Shares
Gladstone Land's shift to crop-sharing leases will reduce base rent income in the short term and may boost future profitability. Preferred shares offer better value and safety compared to common share...
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Gladstone Land Announces Retirement of Chief Operating Officer Terry Lee Brubaker
MCLEAN, VA / ACCESSWIRE / November 15, 2024 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that Terry Lee Brubaker will be retiring as Chief Operating Officer...
Gladstone Land Corporation (LAND) Q3 2024 Earnings Call Transcript
Gladstone Land Corporation (NASDAQ:LAND) Q3 2024 Earnings Conference Call November 7, 2024 8:30 PM ET Company Participants David J. Gladstone - Chairman, Chief Executive Officer and President Michael...
Gladstone Land Announces Third Quarter 2024 Results
Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision. MCLEAN, VA / ACCESSWIRE / November 6, 2024 / Gl...