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Gladstone Land Corporation (LAND)

NASDAQ: LAND · IEX Real-Time Price · USD
28.70 -1.62 (-5.34%)
Dec 3, 2021 4:00 PM EST - Market closed
Market Cap1.04B
Revenue (ttm)67.64M
Net Income (ttm)-9.73M
Shares Out36.14M
EPS (ttm)-0.35
PE Ration/a
Forward PEn/a
Dividend$0.54 (1.88%)
Ex-Dividend DateDec 22, 2021
Volume640,630
Open30.41
Previous Close30.32
Day's Range28.38 - 30.41
52-Week Range14.17 - 30.41
Beta0.59
AnalystsBuy
Price Target27.95 (-2.6%)
Earnings DateNov 3, 2021

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...

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateJan 29, 2013
CEODavid Gladstone
CountryUnited States
Stock ExchangeNASDAQ
Ticker SymbolLAND
Full Company Profile

Financial Performance

In 2020, Gladstone Land's revenue was $57.03 million, an increase of 40.15% compared to the previous year's $40.69 million. Earnings were $4.93 million, an increase of 182.94%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for Gladstone Land stock is "Buy." The 12-month stock price forecast is 27.95, which is a decrease of -2.61% from the latest price.

Price Target
$27.95
(-2.61% downside)
Analyst Consensus: Buy

News

Gladstone Land (LAND) Strengthens Base in Oregon With Buyout

Gladstone Land's (LAND) recent purchase of farmland for $2.4 million will fortify its foothold in Oregon

2 days ago - Zacks Investment Research

Gladstone Land Acquires Farmland in Oregon

MCLEAN, VA / ACCESSWIRE / November 29, 2021 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land") announced that it has acquired 165 gross acres of farmland located near Milton-Freewater, Oregon...

5 days ago - Accesswire

Gladstone Land Corporation Exceeds $75 Million Raised for Series C Preferred Stock Offering

MCLEAN, VA / ACCESSWIRE / November 18, 2021 / Gladstone Land Corporation (Nasdaq:LAND) (the "Company") today announced that it has sold over $75,000,000 in its continuous registered public offering of $...

2 weeks ago - Accesswire

Gladstone Land Acquires Two Farms and Facilities in Georgia

MCLEAN, VA / ACCESSWIRE / November 15, 2021 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land") announced that it has acquired approximately 230 gross acres of farmland, including 175 acres of...

2 weeks ago - Accesswire

Gladstone Land Announces Third Quarter 2021 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 9, 2021 / Glad...

3 weeks ago - Accesswire

Gladstone Land Corporation Earnings Call and Webcast Information

MCLEAN, VA / ACCESSWIRE / November 8, 2021 / Gladstone Land Corporation (NASDAQ:LAND) announces the following event: What: Gladstone Land Corporation's Third Quarter Ended September 30, 2021, Earnings C...

3 weeks ago - Accesswire

Gladstone Land Acquires Almond Orchard in California

MCLEAN, VA / ACCESSWIRE / October 25, 2021 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land") announced that it has acquired 219 gross acres of farmland located in Madera County, California, ...

1 month ago - Accesswire

Gladstone Land Announces Increase in Monthly Cash Distributions for October, November and December 2021 and Third Qua...

MCLEAN, VA / ACCESSWIRE / October 12, 2021 / 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

7 Agricultural Stocks to Buy as Cash-Rich Farmers Open Their Wallets

Investors seeking agricultural stocks to buy should look to the booming heartland of America, where farmers are spending hand over fist. The post 7 Agricultural Stocks to Buy as Cash-Rich Farmers Open T...

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1 month ago - InvestorPlace

Gladstone Land Acquires Nut Orchard and Option to Purchase Stored Water in California

MCLEAN, VA / ACCESSWIRE / October 12, 2021 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land") announced that it has acquired 1,284 gross acres of farmland, including over 1,200 planted acres ...

1 month ago - Accesswire

7 Best Monthly Dividend Stocks With High Yields

A closer look at the top monthly income stocks for yield-focused investors.

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2 months ago - The Motley Fool

3 Stocks That Cut You a Check Each Month

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2 months ago - The Motley Fool

Gladstone Land Acquires Citrus Groves in South Florida

MCLEAN, VA / ACCESSWIRE / August 19, 2021 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that it has acquired two lemon and orange groves, totaling 617 acres in...

3 months ago - Accesswire

Gladstone Land Acquires Organic Blueberry Orchards in Oregon & California

MCLEAN, VA / ACCESSWIRE / August 12, 2021 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that it has acquired approximately $42.3 million of farmland, blueberry...

3 months ago - Accesswire

Gladstone Land (LAND) Lags Q2 FFO Estimates

Gladstone (LAND) delivered FFO and revenue surprises of -16.00% and 3.78%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Gladstone Land Announces Second Quarter 2021 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 10, 2021 / Glads...

3 months ago - Accesswire

Gladstone Land Corporation Earnings Call and Webcast Information

MCLEAN, VA / ACCESSWIRE / August 9, 2021 / Gladstone Land Corporation (Nasdaq:LAND) announces the following event: What: Gladstone Land Corporation's Second Quarter Ended June 30, 2021, Earnings Call & ...

3 months ago - Accesswire

Gladstone Land Announces Increase in Monthly Cash Distributions for July, August and September 2021 and Second Quarte...

MCLEAN, VA / ACCESSWIRE / July 13, 2021 / 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

Gladstone Land Acquires Blueberry Orchard & Facilities in Michigan

MCLEAN, VA / ACCESSWIRE / June 10, 2021 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that it has acquired 930 gross acres of farmland, including approximately...

5 months ago - Accesswire

Don't Miss These 12 Dividend Stocks That Pay Monthly Dividends

By, Bob Ciura Most dividend stocks made payments to shareholders on a quarterly basis. But not all companies pay quarterly dividends.

5 months ago - Benzinga

Gladstone Land Acquires Nut Orchard and Option to Purchase Stored Water in California

MCLEAN, VA / ACCESSWIRE / June 7, 2021 / Gladstone Land Corporation (Nasdaq: LAND) ("Gladstone Land" or the "Company") announced that it has acquired 639 gross acres of farmland, including 617 planted a...

5 months ago - Accesswire

Gladstone Land Acquires Blueberry Orchard in New Jersey

MCLEAN, VA / ACCESSWIRE / June 7, 2021 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that it has acquired 116 gross acres of farmland, including approximately ...

5 months ago - Accesswire

Gladstone Land Announces First Quarter 2021 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 12, 2021 / Gladston...

6 months ago - Accesswire

Gladstone Land Announces Increase in Monthly Cash Distributions for April, May and June 2021 and First Quarter Ended ...

MCLEAN, VA / ACCESSWIRE / April 13, 2021 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distributi...

7 months ago - Accesswire

5 Real Estate Stocks Growing Quickly

Investors may be interested in the following real estate companies, as they have expanded their revenue per share and Ebitda per share by more than 10% over the trailing five-year and 10-year periods th...

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7 months ago - GuruFocus