Gladstone Land Corporation (LAND)

NASDAQ: LAND · IEX Real-Time Price · USD
19.48
-0.19 (-0.97%)
Dec 7, 2022 4:00 PM EST - Market closed
-0.97%
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]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date Jan 29, 2013
CEO David Gladstone
Country United States
Stock Exchange NASDAQ
Ticker Symbol LAND
Full Company Profile

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 Statements

Analyst 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.

Price Target
$28.05
(43.99% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Buying These 3 Beaten-Down Growth Stocks on the Dip Is a Genius Move

These growth stocks took a hit in 2022, but each has the potential to make a huge comeback in the years ahead.

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3 days ago - The Motley Fool

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.

3 weeks ago - Zacks Investment Research

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 ...

3 weeks ago - Zacks Investment Research

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 ...

4 weeks ago - Accesswire

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?

4 weeks ago - Zacks Investment Research

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...

1 month ago - Accesswire

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...

1 month ago - Accesswire

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...

2 months ago - Accesswire

3 Top Recommendations for New Investors

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2 months ago - The Motley Fool

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...

3 months ago - Accesswire

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?

3 months ago - Zacks Investment Research

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...

3 months ago - Accesswire

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 & ...

3 months ago - Accesswire

Farmland Is an Inflation Hedge. How to Invest.

Thanks to the proliferation of REITs and ETFs, investing in farms is much easier than it used to be. Sizing up the new crop of instruments.

Other symbols: FPI
4 months ago - Barrons

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 ...

4 months ago - Accesswire

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...

4 months ago - Accesswire

What's Next in Real Estate? 3 Investors Weigh In

The tides are changing in the real estate market, bringing new opportunities and challenges.

Other symbols: EQRFPIINVHMAA
4 months ago - The Motley Fool

Gladstone Land: A Top Farmland Stock to Combat Food Inflation

As the old saying goes, “Invest into land, because God isn't making any more of it." In the long-term, investing in land is a smart idea because everyone needs to eat.

4 months ago - GuruFocus

7 Monthly Dividend Stocks to Buy in July 2022

With passive income, frequency of cash flow also matters, which is why these monthly dividend stocks to buy are compelling. The post 7 Monthly Dividend Stocks to Buy in July 2022 appeared first on Inves...

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5 months ago - InvestorPlace

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...

5 months ago - Accesswire

These Under-the-Radar Investments Are Producing Record Breaking Returns

While stocks and crypto tend to get all of the attention in headlines, these lesser-known alternative investments are producing record gains. Alternative investments typically have a very low correlatio...

Other symbols: FPI
5 months ago - Benzinga

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?

6 months ago - Zacks Investment Research

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...

6 months ago - Accesswire

Believe It or Not, This is Actually a Great Real Estate Investment

Investing in farmland can offer attractive returns for real estate investors who are looking to make passive income.

7 months ago - The Motley Fool

One Sector Where Real Estate Billionaires Have Made a Ton of Money

Here's how you can buy farmland along with them.

Other symbols: FPI
7 months ago - The Motley Fool