NASDAQ:LAND

Gladstone Land (LAND) Stock Forecast, Price & News

$15.39

+0.23 (+1.52%)

(As of 05/26/2023 ET)

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Today's Range: $15.10
▼
$15.42
50-Day Range: $15.04
▼
$17.01
52-Week Range: $14.95
▼
$27.85

Volume: 126,916 shs
Average Volume: 198,471 shs
Market Capitalization: $549.58 million

P/E Ratio: N/A
Dividend Yield: 3.57%
Price Target: $22.67

Gladstone Land MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 47.3% Upside
$22.67 Price Target
Short Interest: Bearish
2.86% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.14
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$9,890 Bought Last Quarter
Proj. Earnings Growth: 6.94%
From $0.72 to $0.77 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.51 out of 5 stars

Finance Sector

397th out of 911 stocks

Real Estate Investment Trusts Industry

65th out of 188 stocks

3.5

Analyst's Opinion

Consensus Rating
Gladstone Land has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $22.67, Gladstone Land has a forecasted upside of 47.3% from its current price of $15.39.
Amount of Analyst Coverage
Gladstone Land has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.86% of the outstanding shares of Gladstone Land have been sold short.
Short Interest Ratio / Days to Cover
Gladstone Land has a short interest ratio ("days to cover") of 4.4.
Change versus previous month
Short interest in Gladstone Land has recently increased by 3.47%, indicating that investor sentiment is decreasing.

3.3

Dividend Strength

Dividend Leadership
Gladstone Land is a leading dividend payer. It pays a dividend yield of 3.59%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Gladstone Land has been increasing its dividend for 9 years.
Dividend Sustainability
Based on earnings estimates, Gladstone Land will have a dividend payout ratio of 71.43% next year. This indicates that Gladstone Land will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LAND.

1.7

News and Social Media Coverage

News Sentiment
Gladstone Land has a news sentiment score of 0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Gladstone Land this week, compared to 2 articles on an average week.
Search Interest
Only 6 people have searched for LAND on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.
MarketBeat Follows
4 people have added Gladstone Land to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gladstone Land insiders have bought more of their company's stock than they have sold. Specifically, they have bought $9,890.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 7.20% of the stock of Gladstone Land is held by insiders.
Percentage Held by Institutions
45.31% of the stock of Gladstone Land is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Gladstone Land are expected to grow by 6.94% in the coming year, from $0.72 to $0.77 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Gladstone Land is -32.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gladstone Land is -32.74, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Gladstone Land has a PEG Ratio of 3.59. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Gladstone Land has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Gladstone Land (NASDAQ:LAND) Stock

Gladstone Land Corp. is an agricultural real estate investment trust, which engages in the business of owning and leasing farmland. It also includes farm-related facilities, such as cooling facilities, packinghouses, processing facilities, and various storage facilities. The company was founded by David Gladstone on June 14, 1997 and is headquartered in McLean, VA.

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LAND Stock News Headlines

May 23, 2023 | wsj.com

Gladstone Land Corp. 5% Pfd. Series D

May 21, 2023 | americanbankingnews.com

Mapletree Logistics Trust (OTCMKTS:MAPGF) & Gladstone Land (NASDAQ:LAND) Head-To-Head Contrast

May 28, 2023 | Behind the Markets (Ad)

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May 21, 2023 | americanbankingnews.com

B. Riley Equities Analysts Reduce Earnings Estimates for Gladstone Land Co. (NASDAQ:LAND)

May 18, 2023 | americanbankingnews.com

Gladstone Land Co. (NASDAQ:LAND) Sees Large Drop in Short Interest

May 10, 2023 | msn.com

EF Hutton Reiterates Gladstone Land (LAND) Buy Recommendation

May 9, 2023 | msn.com

EF Hutton Maintains Gladstone Land (LAND) Buy Recommendation

May 8, 2023 | markets.businessinsider.com

Colliers Securities Sticks to Its Hold Rating for Gladstone Land (LAND)

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May 8, 2023 | finanznachrichten.de

Gladstone Land Corporation: Gladstone Land Announces First Quarter 2023 Results

May 8, 2023 | msn.com

Gladstone Land Q1 core FFO ticks down as tenant issues persist

May 8, 2023 | finance.yahoo.com

Gladstone Land Announces First Quarter 2023 Results

May 7, 2023 | markets.businessinsider.com

Gladstone Land earnings preview: what to expect

May 6, 2023 | americanbankingnews.com

Gladstone Land (LAND) Set to Announce Quarterly Earnings on Monday

April 27, 2023 | americanbankingnews.com

Critical Contrast: Urstadt Biddle Properties (NYSE:UBA) & Gladstone Land (NASDAQ:LAND)

April 15, 2023 | americanbankingnews.com

Gladstone Land Co. (NASDAQ:LAND) to Issue $0.05 Monthly Dividend

April 15, 2023 | americanbankingnews.com

Gladstone Land Co. Plans Monthly Dividend of $0.05 (NASDAQ:LAND)

April 10, 2023 | seekingalpha.com

Gladstone Land: A Reliable Monthly Dividend Income Stream

April 2, 2023 | americanbankingnews.com

Short Interest in Gladstone Land Co. (NASDAQ:LAND) Decreases By 11.8%

April 1, 2023 | seekingalpha.com

There Will Come A Time When Gladstone Land Will Be A Top 'Buy'

March 30, 2023 | seekingalpha.com

LANDM Gladstone Land Corporation 5.000% CUM PFD D

March 28, 2023 | seekingalpha.com

Gladstone Land: The Preferred Shares Offer An Excellent Risk/Reward Ratio

March 22, 2023 | finanznachrichten.de

Gladstone Land Corporation: Gladstone Land Provides Update On California Flooding

March 22, 2023 | finance.yahoo.com

Gladstone Land Provides Update On California Flooding

March 19, 2023 | finance.yahoo.com

Still Concerned About Inflation? These 3 Dividend Stocks Get an Inflation-Driven Boost

February 25, 2023 | benzinga.com

B. Riley Securities Maintains Buy on Gladstone Land, Lowers Price Target to $24

February 23, 2023 | markets.businessinsider.com

Maxim Group Keeps Their Buy Rating on Gladstone Land (LAND)

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LAND Company Calendar

Last Earnings: 2/21/2022
Ex-Dividend for 5/31 Dividend: 5/22/2023
Today: 5/28/2023
Dividend Payable: 5/31/2023
Ex-Dividend for 6/30 Dividend: 6/20/2023
Dividend Payable: 6/30/2023
Next Earnings (Estimated): 8/08/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Real estate investment trusts
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:LAND
CUSIP: N/A
CIK: 1495240
Web: www.gladstoneland.com
Phone: (703) 287-5914
Fax: 703-287-5801
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $22.67
High Stock Price Forecast: $24.00
Low Stock Price Forecast: $22.00
Forecasted Upside/Downside: +47.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.47)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 21.38
P/E Growth: 3.59
Net Income: $4.71 million
Net Margins: 5.83%
Pretax Margin: 5.83%
Return on Equity: 0.75%
Return on Assets: 0.37%

Debt

Debt-to-Equity Ratio: 0.82
Current Ratio: 4.00
Quick Ratio: 4.00

Sales & Book Value

Annual Sales: $89.24 million
Price / Sales: 6.16
Cash Flow: $1.17 per share
Price / Cash Flow: 13.13
Book Value: $20.58 per share
Price / Book: 0.75

Miscellaneous

Outstanding Shares: 35,710,000
Free Float: 33,143,000
Market Cap: $549.58 million
Optionable: Optionable
Beta: 1.02

Key Executives

David J. Gladstone
Chairman, President & Chief Executive Officer

Terry Lee Brubaker
Chief Operating Officer

Lewis Parrish
Chief Financial & Accounting Officer

John Dellafiora
Chief Compliance Officer

Bill Frisbie
Executive Vice President-East Coast Operations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LAND Stock - Frequently Asked Questions

Should I buy or sell Gladstone Land stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gladstone Land in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LAND shares.
View LAND analyst ratings or view top-rated stocks.
What is Gladstone Land's stock price forecast for 2023?: 3 Wall Street analysts have issued 12-month price targets for Gladstone Land's stock. Their LAND share price forecasts range from $22.00 to $24.00. On average, they anticipate the company's share price to reach $22.67 in the next twelve months. This suggests a possible upside of 47.3% from the stock's current price.
View analysts price targets for LAND or view top-rated stocks among Wall Street analysts.
How have LAND shares performed in 2023?: Gladstone Land's stock was trading at $18.35 at the start of the year. Since then, LAND stock has decreased by 16.1% and is now trading at $15.39.
View the best growth stocks for 2023 here.
When is Gladstone Land's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our LAND earnings forecast.
How were Gladstone Land's earnings last quarter?: Gladstone Land Co. (NASDAQ:LAND) released its quarterly earnings results on Monday, February, 21st. The real estate investment trust reported ($0.04) earnings per share for the quarter, hitting the consensus estimate of ($0.04). Gladstone Land had a trailing twelve-month return on equity of 0.75% and a net margin of 5.83%. During the same period last year, the business posted $0.15 earnings per share.
How often does Gladstone Land pay dividends? What is the dividend yield for Gladstone Land?: Gladstone Land declared a monthly dividend on Tuesday, April 11th. Investors of record on Wednesday, June 21st will be paid a dividend of $0.046 per share on Friday, June 30th. This represents a $0.55 dividend on an annualized basis and a yield of 3.59%. The ex-dividend date of this dividend is Tuesday, June 20th.
Read our dividend analysis for LAND.
What ETFs hold Gladstone Land's stock?: ETFs with the largest weight of Gladstone Land (NASDAQ:LAND) stock in their portfolio include Amplify Inflation Fighter ETF (IWIN), iShares Micro-Cap ETF (IWC), iShares Core U.S. REIT ETF (USRT), Fidelity MSCI Real Estate Index ETF (FREL), JPMorgan BetaBuilders MSCI US REIT ETF (BBRE), First Trust S&P REIT Index Fund (FRI) and Vanguard Real Estate ETF (VNQ).Schwab U.S. REIT ETF (SCHH).

Is Gladstone Land a good dividend stock?: Gladstone Land (NASDAQ:LAND) pays an annual dividend of $0.55 per share and currently has a dividend yield of 3.59%.
Read our dividend analysis for LAND.
What other stocks do shareholders of Gladstone Land own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Gladstone Land investors own include STAG Industrial (STAG), AT&T (T), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ), Gladstone Investment (GAIN), Gladstone Capital (GLAD), Alibaba Group (BABA), Ecopetrol (EC), Iron Mountain (IRM) and Simon Property Group (SPG).
What is Gladstone Land's stock symbol?: Gladstone Land trades on the NASDAQ under the ticker symbol "LAND."
Who are Gladstone Land's major shareholders?: Gladstone Land's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.55%), Geode Capital Management LLC (2.01%), State Street Corp (2.00%), Bowen Hanes & Co. Inc. (1.87%), State of New Jersey Common Pension Fund D (0.87%) and Two Sigma Advisers LP (0.74%).
View institutional ownership trends.
How do I buy shares of Gladstone Land?: Shares of LAND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Gladstone Land's stock price today?: One share of LAND stock can currently be purchased for approximately $15.39.
How much money does Gladstone Land make?: Gladstone Land (NASDAQ:LAND) has a market capitalization of $549.58 million and generates $89.24 million in revenue each year. The real estate investment trust earns $4.71 million in net income (profit) each year or ($0.47) on an earnings per share basis.
How can I contact Gladstone Land?: Gladstone Land's mailing address is 1521 WESTBRANCH DRIVE SUITE 100, MCLEAN VA, 22102. The official website for the company is www.gladstoneland.com. The real estate investment trust can be reached via phone at (703) 287-5914, via email at info@gladstonecompanies.com, or via fax at 703-287-5801.

This page (NASDAQ:LAND) was last updated on 5/28/2023 by MarketBeat.com Staff

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