Gladstone Land Corporation (LAND)
NASDAQ: LAND · IEX Real-Time Price · USD
12.70
-0.05 (-0.39%)
At close: Apr 24, 2024, 4:00 PM
12.96
+0.26 (2.05%)
After-hours: Apr 24, 2024, 7:51 PM EDT
Gladstone Land Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Gladstone Land stock have an average target of 20, which predicts an increase of 57.48% from the current stock price of 12.70.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 22, 2024.
Analyst Ratings
The average analyst rating for Gladstone Land stock from 2 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| EF Hutton | EF Hutton | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +57.48% | Feb 22, 2024 |
| EF Hutton | EF Hutton | Strong Buy Initiates $20 | Strong Buy | Initiates | $20 | +57.48% | Aug 16, 2023 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +57.48% | Aug 8, 2023 |
| EF Hutton | EF Hutton | Strong Buy Initiates $20 | Strong Buy | Initiates | $20 | +57.48% | Jun 2, 2023 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +57.48% | May 10, 2023 |
Financial Forecast
Revenue This Year
94.90M
from 90.40M
Increased by 4.98%
Revenue Next Year
100.33M
from 94.90M
Increased by 5.72%
EPS This Year
-0.32
from -0.28
EPS Next Year
-0.30
from -0.32
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 100.9M | 107.3M | 117.7M | 112.8M | 117.4M |
| Avg | 94.9M | 100.3M | 114.3M | 109.6M | 114.0M |
| Low | 86.2M | 92.1M | 109.9M | 105.3M | 109.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.6% | 13.1% | 17.3% | -1.3% | 7.1% |
| Avg | 5.0% | 5.7% | 14.0% | -4.1% | 4.0% |
| Low | -4.6% | -2.9% | 9.5% | -7.9% | -0.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.29 | -0.28 | -0.21 |
| Avg | -0.32 | -0.30 | -0.20 |
| Low | -0.33 | -0.30 | -0.20 |
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.