Gladstone Land Corporation (LAND)
| Market Cap | 686.66M |
| Revenue (ttm) | 87.25M |
| Net Income (ttm) | -11.65M |
| Shares Out | 34.61M |
| EPS (ttm) | -0.29 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.55 (2.80%) |
| Ex-Dividend Date | Dec 19, 2022 |
| Volume | 188,882 |
| Open | 19.48 |
| Previous Close | 19.67 |
| Day's Range | 19.48 - 20 |
| 52-Week Range | 17.28 - 42.1 |
| Beta | 0.96 |
| Analysts | Buy |
| Price Target | 28.05 (+44.0%) |
| Earnings Date | Nov 9, 2022 |
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 127 farms, comprised of approximately 94,000 acres in 13 different states, valued at approximately $1.0 billion. Gladstone Land's farms are predominantly located in regions where its t... [Read more]
Financial Performance
In 2021, Gladstone Land's revenue was $75.32 million, an increase of 32.07% compared to the previous year's $57.03 million. Earnings were $3.50 million, a decrease of -29.05%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for LAND stock is "Buy." The 12-month stock price forecast is 28.05, which is an increase of 43.99% from the latest price.
News
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Gladstone (LAND) Moves to Buy: Rationale Behind the Upgrade
Gladstone (LAND) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Wall Street Analysts Predict a 37% Upside in Gladstone (LAND): Here's What You Should Know
The consensus price target hints at a 37.3% upside potential for Gladstone (LAND). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate ...
Gladstone Land Corporation Files for Public Offering of 5.00% Series E Cumulative Redeemable Preferred Stock
MCLEAN, VA / ACCESSWIRE / November 9, 2022 / Gladstone Land Corporation (Nasdaq:LAND) (the "Company") today announced that it has filed a new prospectus supplement with the U.S. Securities and Exchange ...
Gladstone Land (LAND) Q3 FFO and Revenues Beat Estimates
Gladstone (LAND) delivered FFO and revenue surprises of 21.76% and 9.07%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Gladstone Land Announces Election of Paula Novara as Director
MCLEAN, VA / ACCESSWIRE / October 12, 2022 / Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced that Paula Novara had been elected to the 2025 class of Directors for the Company, effecti...
Gladstone Land Announces Increase in Monthly Cash Distributions for October, November and December 2022 and Third Qua...
MCLEAN, VA / ACCESSWIRE / October 11, 2022 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distribu...
Gladstone Land Provides Business Update
MCLEAN, VA / ACCESSWIRE / October 6, 2022 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that, in light of the recent price volatility of its common stock (larg...
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Gladstone Land Amends Terms of its Series C Preferred Stock Offering
MCLEAN, VA / ACCESSWIRE / August 24, 2022 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") today announced the amendment of certain terms of the Company's $500 million cont...
Gladstone Land (LAND) Lags Q2 FFO and Revenue Estimates
Gladstone (LAND) delivered FFO and revenue surprises of -7.86% and 1.43%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Gladstone Land Announces Second Quarter 2022 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 / August 9, 2022 / Gladst...
Gladstone Land Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESSWIRE / August 8, 2022 / Gladstone Land Corporation (NASDAQ:LAND) announces the following event: What: Gladstone Land Corporation's Second Quarter Ended June 30, 2022, Earnings Call & ...
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Gladstone Land Acquires Vineyards in Washington and Oregon
MCLEAN, VA / ACCESSWIRE / July 25, 2022 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that it has acquired 1,317 gross acres of farmland located in Washington ...
Gladstone Land Announces Increase in Monthly Cash Distributions for July, August and September 2022 and Second Quarte...
MCLEAN, VA / ACCESSWIRE / July 12, 2022 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distributio...
What's Next in Real Estate? 3 Investors Weigh In
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Gladstone Land: A Top Farmland Stock to Combat Food Inflation
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Gladstone Land Acquires Olive Orchard in California
MCLEAN, VA / ACCESSWIRE / June 21, 2022 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that it has acquired 1,374 gross acres of farmland located in Glenn Count...
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Gladstone Land (LAND) Surpasses Q1 FFO Estimates
Gladstone (LAND) delivered FFO and revenue surprises of 2.78% and 2%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Gladstone Land Announces First Quarter 2022 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 / May 10, 2022 / Gladston...
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