Gladstone Land Corporation (LAND)

Market Cap	456.94M
Revenue (ttm)	90.40M
Net Income (ttm)	-9.85M
Shares Out	35.84M
EPS (ttm)	-0.28
PE Ratio	n/a
Forward PE	n/a
Dividend	$0.56 (4.39%)
Ex-Dividend Date	Jun 18, 2024

Volume	120,616
Open	12.74
Previous Close	12.77
Day's Range	12.73 - 12.89
52-Week Range	12.31 - 17.48
Beta	1.00
Analysts	Strong Buy
Price Target	20.00 (+56.86%)
Earnings Date	May 7, 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

Financial Performance

In 2023, Gladstone Land's revenue was $90.40 million, an increase of 1.30% compared to the previous year's $89.24 million. Losses were -$9.85 million, -34.36% less than in 2022.

Analyst Forecast

According to 2 analysts, the average rating for LAND stock is "Strong Buy." The 12-month stock price forecast is $20.0, which is an increase of 56.86% from the latest price.

Price Target

$20.0

(56.86% upside)

Analyst Consensus: Strong Buy