Gladstone Land Corporation (LAND)
NASDAQ: LAND · Real-Time Price · USD
10.54
+0.08 (0.73%)
Dec 20, 2024, 4:00 PM EST - Market closed
Gladstone Land Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Gladstone Land stock have an average target of 17.33, with a low estimate of 16 and a high estimate of 20. The average target predicts an increase of 64.42% from the current stock price of 10.54.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 11, 2024.
Analyst Ratings
The average analyst rating for Gladstone Land stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Maxim Group | Maxim Group | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Aug 12, 2024 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Initiates $16 | Strong Buy | Initiates | $16 | +51.80% | Jun 11, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $20 → $16 | Buy | Maintains | $20 → $16 | +51.80% | May 15, 2024 |
| Maxim Group | Maxim Group | Strong Buy Maintains $19 → $16 | Strong Buy | Maintains | $19 → $16 | +51.80% | May 9, 2024 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +89.75% | Feb 22, 2024 |
Financial Forecast
Revenue This Year
86.04M
Revenue Next Year
89.82M
from 86.04M
Increased by 4.39%
EPS This Year
-0.25
from -0.28
EPS Next Year
-0.45
from -0.25
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 89.8M | 96.7M | 105.4M | |||
| Avg | 86.0M | 89.8M | 97.0M | |||
| Low | 81.0M | 83.3M | 88.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 12.4% | 17.3% | |||
| Avg | - | 4.4% | 8.0% | |||
| Low | - | -3.2% | -2.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.24 | -0.39 | -0.18 |
| Avg | -0.25 | -0.45 | -0.25 |
| Low | -0.25 | -0.51 | -0.31 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.