Gladstone Land Corporation (LAND)
NASDAQ: LAND · Real-Time Price · USD
11.06
+0.29 (2.69%)
At close: Jan 21, 2025, 4:00 PM
11.09
+0.03 (0.27%)
After-hours: Jan 21, 2025, 4:33 PM EST
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 56.69% from the current stock price of 11.06.
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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 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 | +44.67% | Jun 11, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $20 → $16 | Buy | Maintains | $20 → $16 | +44.67% | May 15, 2024 |
| Maxim Group | Maxim Group | Strong Buy Maintains $19 → $16 | Strong Buy | Maintains | $19 → $16 | +44.67% | May 9, 2024 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +80.83% | Feb 22, 2024 |
Financial Forecast
Revenue This Year
85.78M
Revenue Next Year
89.70M
from 85.78M
Increased by 4.57%
EPS This Year
-0.27
from -0.28
EPS Next Year
-0.44
from -0.27
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 89.8M | 96.7M | 107.8M | |||
| Avg | 85.8M | 89.7M | 97.3M | |||
| Low | 81.0M | 83.3M | 87.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 12.8% | 20.1% | |||
| Avg | - | 4.6% | 8.4% | |||
| Low | - | -2.9% | -2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.24 | -0.39 | -0.19 |
| Avg | -0.27 | -0.44 | -0.18 |
| Low | -0.30 | -0.51 | -0.18 |
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.