Gladstone Land Corporation (LAND)

Gladstone Land Statistics

Total Valuation

Gladstone Land has a market cap or net worth of $428.79 million. The enterprise value is $1.00 billion.

Market Cap	428.79M
Enterprise Value	1.00B

Important Dates

The last earnings date was Wednesday, November 6, 2024, after market close.

Earnings Date	Nov 6, 2024
Ex-Dividend Date	Dec 20, 2024

Share Statistics

Gladstone Land has 36.18 million shares outstanding. The number of shares has increased by 1.00% in one year.

Current Share Class	36.18M
Shares Outstanding	36.18M
Shares Change (YoY)	+1.00%
Shares Change (QoQ)	n/a
Owned by Insiders (%)	3.89%
Owned by Institutions (%)	49.24%
Float	34.78M

Valuation Ratios

Price/FFO Ratio	n/a
Price/AFFO Ratio	n/a
PE Ratio	n/a
Forward PE	n/a
PS Ratio	4.80
Forward PS	4.73
PB Ratio	0.61
P/TBV Ratio	0.62
P/FCF Ratio	12.12
P/OCF Ratio	12.12
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 14.43, with an EV/FCF ratio of 28.28.

EV / Earnings	n/a
EV / Sales	11.32
EV / EBITDA	14.43
EV / EBIT	30.52
EV / FCF	28.28

Financial Position

The company has a current ratio of 0.78, with a Debt / Equity ratio of 0.86.

Current Ratio	0.78
Quick Ratio	0.78
Debt / Equity	0.86
Debt / EBITDA	8.51
Debt / FCF	16.70
Interest Coverage	1.29

Financial Efficiency

Return on equity (ROE) is 2.05% and return on invested capital (ROIC) is 1.54%.

Return on Equity (ROE)	2.05%
Return on Assets (ROA)	1.51%
Return on Capital (ROIC)	1.54%
Revenue Per Employee	$1.26M
Profits Per Employee	-$132,671
Employee Count	70
Asset Turnover	0.06
Inventory Turnover	n/a

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -17.77% in the last 52 weeks. The beta is 1.08, so Gladstone Land's price volatility has been similar to the market average.

Beta (5Y)	1.08
52-Week Price Change	-17.77%
50-Day Moving Average	13.43
200-Day Moving Average	13.45
Relative Strength Index (RSI)	26.10
Average Volume (20 Days)	251,411

Short Selling Information

The latest short interest is 613,418, so 1.70% of the outstanding shares have been sold short.

Short Interest	613,418
Short Previous Month	557,012
Short % of Shares Out	1.70%
Short % of Float	1.76%
Short Ratio (days to cover)	3.96

Income Statement

In the last 12 months, Gladstone Land had revenue of $88.45 million and -$9.29 million in losses. Loss per share was -$0.26.

Revenue	88.45M
Gross Profit	75.06M
Operating Income	32.80M
Pretax Income	17.70M
Net Income	-9.29M
EBITDA	69.36M
EBIT	32.80M
Loss Per Share	-$0.26

Balance Sheet

The company has $18.99 million in cash and $591.05 million in debt, giving a net cash position of -$572.06 million or -$15.81 per share.

Cash & Cash Equivalents	18.99M
Total Debt	591.05M
Net Cash	-572.06M
Net Cash Per Share	-$15.81
Equity (Book Value)	691.20M
Book Value Per Share	19.29
Working Capital	-5.33M

Cash Flow

Operating Cash Flow	35.39M
Capital Expenditures	n/a
Free Cash Flow	35.39M
FCF Per Share	$0.98

Margins

Gross margin is 84.86%, with operating and profit margins of 37.08% and 16.47%.

Gross Margin	84.86%
Operating Margin	37.08%
Pretax Margin	16.47%
Profit Margin	16.47%
EBITDA Margin	78.41%
EBIT Margin	37.08%
FCF Margin	102.36%

Dividends & Yields

This stock pays an annual dividend of $0.56, which amounts to a dividend yield of 4.73%.

Dividend Per Share	$0.56
Dividend Yield	4.73%
Dividend Growth (YoY)	2.07%
Years of Dividend Growth	2
Payout Ratio	n/a
Buyback Yield	-1.00%
Shareholder Yield	3.73%
Earnings Yield	-2.17%
FCF Yield	8.25%

Analyst Forecast

The average price target for Gladstone Land is $17.33, which is 46.25% higher than the current price. The consensus rating is "Strong Buy".

Price Target	$17.33
Price Target Difference	46.25%
Analyst Consensus	Strong Buy
Analyst Count	4
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	4