Gladstone Land (NASDAQ:LAND - Get Free Report) is expected to be releasing its Q1 2025 earnings data after the market closes on Monday, May 12th. Analysts expect Gladstone Land to post earnings of $0.06 per share and revenue of $17.30 million for the quarter.
Gladstone Land (NASDAQ:LAND - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The real estate investment trust reported $0.09 earnings per share for the quarter, beating analysts' consensus estimates of ($0.10) by $0.19. Gladstone Land had a return on equity of 1.89% and a net margin of 15.59%. The firm had revenue of $21.10 million for the quarter, compared to analysts' expectations of $20.45 million. On average, analysts expect Gladstone Land to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Gladstone Land Stock Performance
NASDAQ LAND traded down $0.12 on Wednesday, reaching $9.27. 427,604 shares of the stock were exchanged, compared to its average volume of 265,793. The firm has a market capitalization of $335.25 million, a PE ratio of -31.95, a PEG ratio of 3.74 and a beta of 1.15. Gladstone Land has a one year low of $8.66 and a one year high of $15.36. The company's 50-day simple moving average is $10.24 and its two-hundred day simple moving average is $11.09. The company has a current ratio of 0.99, a quick ratio of 0.70 and a debt-to-equity ratio of 0.77.
Gladstone Land Announces Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 22nd were given a dividend of $0.0467 per share. The ex-dividend date of this dividend was Monday, April 21st. This represents a dividend yield of 5.75%. Gladstone Land's payout ratio is -193.10%.
Insider Buying and Selling at Gladstone Land
In related news, Director Anthony W. Parker sold 6,601 shares of the firm's stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $11.02, for a total transaction of $72,743.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 7.02% of the company's stock.
Analyst Ratings Changes
Separately, StockNews.com lowered Gladstone Land from a "hold" rating to a "sell" rating in a research note on Wednesday, March 5th.
View Our Latest Stock Report on Gladstone Land
Gladstone Land Company Profile
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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 169 farms, comprised of approximately 116,000 acres in 15 different states and over 45,000 acre-feet of banked water in California, valued at a total of approximately $1.6 billion.
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