Gladstone Land Corporation (LAND)

NASDAQ: LAND · IEX Real-Time Price · USD
12.42
0.00 (0.00%)
Apr 17, 2024, 3:18 PM EDT - Market open
0.00%
Market Cap 445.47M
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 (4.49%)
Ex-Dividend Date Jun 18, 2024
Volume 86,385
Open 12.45
Previous Close 12.42
Day's Range 12.37 - 12.53
52-Week Range 12.37 - 17.48
Beta 1.00
Analysts Strong Buy
Price Target 20.00 (+61.03%)
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... [Read more]

Sector Real Estate
IPO Date Jan 29, 2013
Employees 70
Stock Exchange NASDAQ
Ticker Symbol LAND
Full Company Profile

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.

Financial Statements

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 61.03% from the latest price.

Price Target
$20.0
(61.03% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Gladstone Land Announces Increase in Monthly Cash Distributions for April, May and June 2024 and Earnings Release and Conference Call Dates for the First Quarter Ended March 31, 2024

MCLEAN, VA / ACCESSWIRE / April 9, 2024 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distribut...

7 days ago - Accesswire

Gladstone Land Announces Fourth Quarter and Year Ended 2023 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 / February 20, 2024 / G...

2 months ago - Accesswire

Gladstone Land Corporation Earnings Call and Webcast Information

MCLEAN, VA / ACCESSWIRE / February 19, 2024 / Gladstone Land Corporation (NASDAQ:LAND) announces the following event: What: Gladstone Land Corporation's Fourth Quarter Ended December 31, 2023, Earning...

2 months ago - Accesswire

Gladstone Land Announces Gain on Sale of Florida Farm

MCLEAN, VA / ACCESSWIRE / January 16, 2024 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced that it has completed the sale of a farm in Florida for approximatel...

3 months ago - Accesswire

Gladstone Land Announces Increase in Monthly Cash Distributions for January, February and March 2024 and Earnings Release and Conference Call Dates for the Fourth Quarter Ended December 31, 2023

MCLEAN, VA / ACCESSWIRE / January 9, 2024 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distrib...

3 months ago - Accesswire

Gladstone Land Announces Third Quarter 2023 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 7, 2023 / Gl...

5 months ago - Accesswire

Gladstone Land Announces Increase in Monthly Cash Distributions for October, November and December 2023 and Earnings Release and Conference Call Dates for the Third Quarter Ended September 30, 2023

MCLEAN, VA / ACCESSWIRE / October 10, 2023 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distri...

6 months ago - Accesswire

Gladstone Land Announces Second Quarter 2023 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 7, 2023 / Glad...

9 months ago - Accesswire

Gladstone Land Announces Increase in Monthly Cash Distributions for July, August and September 2023 and Earnings Release and Conference Call Dates for the Second Quarter Ended June 30, 2023

MCLEAN, VA / ACCESSWIRE / July 11, 2023 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distribut...

10 months ago - Accesswire

Gladstone Land Announces Gain on Sale of Florida Acreage

MCLEAN, VA / ACCESSWIRE / June 27, 2023 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced that it has completed the sale of an unfarmed parcel in Florida for $9....

10 months ago - Accesswire

Gladstone Land Corporation Announces Nasdaq Listing of Series C Preferred Stock

MCLEAN, VA / ACCESSWIRE / May 30, 2023 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") today announced that it has applied to list its 6.00% Series C Preferred Stock (th...

11 months ago - Accesswire

Gladstone Land Announces First Quarter 2023 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 8, 2023 / Gladsto...

1 year ago - Accesswire

Gladstone Land Announces Increase in Monthly Cash Distributions for April, May and June 2023 and First Quarter Ended March 31, 2023, Earnings Release and Conference Call Dates

MCLEAN, VA / ACCESSWIRE / April 11, 2023 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distribu...

1 year ago - Accesswire

Gladstone Land Provides Update On California Flooding

MCLEAN, VA / ACCESSWIRE / March 22, 2023 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") provided the following business update in light of the recent and ongoing floodi...

1 year ago - Accesswire

Gladstone Land Announces Fourth Quarter and Year Ended 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 / February 21, 2023 / G...

1 year ago - Accesswire

Gladstone Land Corporation Announces First Closing for its Series E Preferred Stock Offering

MCLEAN, VA / ACCESSWIRE / January 18, 2023 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that it will have the first closing for the continuous offerin...

1 year ago - Accesswire

Gladstone Land Announces Increase in Monthly Cash Distributions for January, February and March 2023 and Fourth Quarter Ended December 31, 2022, Earnings Release and Conference Call Dates

MCLEAN, VA / ACCESSWIRE / January 10, 2023 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distri...

1 year ago - Accesswire

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 Exchang...

1 year ago - Accesswire

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, effec...

1 year ago - Accesswire

Gladstone Land Announces Increase in Monthly Cash Distributions for October, November and December 2022 and Third Quarter Ended September 30, 2022, Earnings Release and Conference Call Dates

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 distri...

1 year 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 (la...

1 year ago - Accesswire

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 co...

1 year ago - Accesswire

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 / Glad...

1 year 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: DBAFPIMOOWEAT
1 year 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 Washingto...

1 year ago - Accesswire